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Evening news wrap: PM leads Somnath Shaurya Yatra; Iran warns US of retaliation and more | India News

PM at Somnath pride: Prime Minister Modi took part in the Shaurya Yatra at the Somnath Temple. After prayers at Somnath, PM Modi, in his address, said past invaders failed to erase India’s faith. He praised ancestors’ sacrifices and asserted the temple’s survival as proof of India’s enduring strength. US-Iran Tensions: Iran warned US bases,…

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US-Iran war hits stock market: Citi, Nomura cut Nifty50 target prices; here’s the outlook

Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. (AI image) US-Iran war shock for stock markets: Brokerages Citi Research and Nomura have lowered their year end forecasts for the key benchmark index Nifty50, pointing to growing risks to economic growth and corporate earnings as…

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Flooding shuts down Baglihar hydropower project in J&K | India News

Baglihar Hydroelectric Power Project Dam on the Chenab river SRINAGAR: Operations were suspended at the 450MW stage 1 Baglihar hydropower project on the Chenab river in Jammu and Kashmir after it got flooded two days ago.As water entered the project’s machine room, engineers immediately halted power generation to prevent damage to critical electro-mechanical components. The…

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Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year

Federal Reserve Governor Stephen Miran speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2025. Brendan McDermid | Reuters Federal Reserve Governor Stephen Miran on Monday continued his campaign for lower interest rates, telling CNBC that policymakers should disregard the current…

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South Korea posts highest-ever exports in 2025 on chips boom

Soaring global demand for semiconductors sent South Korea’s exports to their highest-ever level in 2025, official data showed Thursday, despite a year of trade turmoil sparked by US President Donald Trump’s tariff onslaught.Total exports last year were valued at over $700 billion, according to data from Seoul’s industry ministry, up 3.8 percent from the previous…

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