Diabytes
Global economic News
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Gita Gopinath, IMF's First Deputy Managing Director, is set to step down in August 2025 to join Harvard University as the inaugural Gregory and Ania Coffey Professor of Economics.
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The rally was led by banking stocks, with the Nifty Bank index climbing over 1.5 per cent to close at 56,578.40, also touching a new all-time high of 56,695 during the week.
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According to the World Gold Council, while retail and investor demand for gold continues to grow, global central banks reported a net selling of 3 tonnes (t) in December, according to data from the International Monetary Fund (IMF) and other sources.
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Foreign institutional investors (FIIs) sold shares worth Rs 22,504 crore in the cash segment. The FIIs outflows exceeded Rs 69,000 crore so far this month.
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Lufthansa, Europe`s biggest airline, on Thursday cut its profit forecast for 2015 in face of the global economic slowdown.
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