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India’s rare earth boost: Govt approves Rs 7,300 crore scheme; aim to diversify away from China

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  • IMF’s big move: India’s forex framework reclassified; move comes amid rupee weakness
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  • US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts
  • US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally
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