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Markets trade higher in early trade on buying in IT stocks, firm trend in Asian peers

Mumbai, Aug 12 (PTI) Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Tuesday helped by buying in IT stocks and a firm trend in Asian markets. The 30-share BSE Sensex climbed 66.28 points to 80,670.36 in early trade. The 50-share NSE Nifty went up by 42.85 points to 24,627.90. Later, the BSE benchmark quoted 205.95 points higher at 80,807.55, and the Nifty traded 59 points up at 24,643.20. From the Sensex firms, Tech Mahindra, Tata Consultancy Services, Mahindra & Mahindra, HCL Tech, Larsen & Toubro and Tata Steel were among the major gainers. However,

US and China extend trade truce another 90 days, easing tension between world’s largest economies

WASHINGTON, August 12, 2025 (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain the same.” Beijing at the same time also announced the extension of the tariff pause via the official news agency Xinhua. The previous deadline was set to expire at 12:01 a.m. Tuesday. Had that happened the U.S. could have ratcheted

BJD to move Orissa High Court on ‘vote discrepancies’ in 2024 assembly, Lok Sabha polls

Bhubaneswar, Aug 12 (PTI) The BJD said that it would approach the Orissa High Court regarding “discrepancies” during the 2024 assembly and Lok Sabha polls, as the EC has “failed” to give any satisfactory reply to the regional outfit on the issue. BJD spokesperson Amar Patnaik, MLA Dhruba Charan Sahoo and former MP Sarmistha Sethi made the announcement at a press conference here on Monday. “Around eight months ago, BJD had submitted fact-based evidence to the Election Commission of India (ECI) regarding the vote discrepancy observed during last elections and sought a reply, but a satisfactory reply has not been

South Korean President Lee will travel to Washington for Aug. 25 meeting with Trump

SEOUL, South Korea, August 12, 2025 (AP) — South Korea’s new President Lee Jae Myung will travel to Washington later this month to meet with U.S. President Donald Trump, Lee’s office said Tuesday, for talks on trade and defense cooperation in the face of nuclear-armed North Korea and other threats. Their Aug. 25 summit will follow a July trade deal in which Washington agreed to cut its reciprocal tariff on South Korea to 15% from the initially proposed 25% and to apply the same reduced rate to South Korean cars, the country’s top export to the United States. South Korea

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