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Investors sought higher yields for SIDBI's three-year bonds as government bond yields hardened amid rising crude oil prices and higher US Treasury yields
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But weakness in the construction sector and China’s property sector downturn will cap steel offtake, say analysts
But inflation worries driven by prolonged conflicts and soaring government debt are capping the optimism
Sandisk can still make investors richer despite multiplying exponentially over the past year and a half.
The clarification came amid criticism from Opposition members over the Finance Department’s observations on the State’s finances.
Engineering exports increased 24.86% on-year in August to $12.32 billion of which shipments to the US rose 31% to $2.2 billion, and to China were $424.65 million, up 75%.
The shortfall is more than double the $549-million deficit the Liberal government had projected in its March 2025 budget.
