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Stock markets snap 2-day rally on profit-taking in banking shares; Sensex drops nearly 625 pts

Mumbai, May 27 (PTI) Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Tuesday, snapping the two-day rally after profit-taking in banking, IT and auto shares. The 30-share BSE Sensex dropped 624.82 points or 0.76 per cent to settle at 81,551.63, in a volatile session. During the day, the barometer tanked 1,054.75 points or 1.28 per cent to 81,121.70. The 50-issue NSE Nifty declined 174.95 points or 0.70 per cent to 24,826.20. Investors turned cautious ahead of the release of industrial and manufacturing production data for April on Wednesday and the first quarter GDP numbers, scheduled to

Rupee declines 27 paise to 85.37 against US dollar

Mumbai, May 27 (PTI) The rupee depreciated 27 paise to 85.37 (provisional) against the US dollar on Tuesday, tracking a recovery in American currency index, negative domestic equity market and muted foreign fund inflow. According to forex analysts, investors also moved cautiously awaiting domestic industrial and manufacturing production data for April as well as the first quarter GDP growth numbers to be released this week. At the interbank foreign exchange, the domestic unit opened at 85.15 and moved between the high of 85.11 and the low of 85.45 against the greenback during intraday trade. The unit settled at 85.37 (provisional)

Heart attack or panic attack? Why young men are calling ambulances for unmanaged anxiety

Melbourne, May 27 (The Conversation) Anxiety affects one in five Australian men at some point in their lives. But the condition remains highly stigmatised, misunderstood and under-diagnosed. Men are around half as likely to be diagnosed with an anxiety disorder compared to women. Some feel pressure to be fearless and hide their emotions. Others simply don’t understand or have the language to describe anxiety symptoms. This has serious consequences. Our latest research shows young men are turning to ambulance services when their symptoms become overwhelming – some even think they’re having a heart attack. So why do so many men

ASEAN opens summit with Gulf nations and China amid US tariffs threat

KUALA LUMPUR, Malaysia, May 27, 2025 (AP) — A regional association of Southeast Asian nations is set to hold a three-way summit Tuesday with China and six Gulf countries in what officials called an effort to bolster economic resilience as they grapple with global volatility and U.S. tariffs. Malaysian Prime Minister Anwar Ibrahim, opening a summit in Malaysia’s capital Kuala Lumpur between the 10-member Association of Southeast Asian Nations and the Gulf Cooperation Council, said a stronger ASEAN-GCC relationship would be key to enhancing interregional collaboration, building resilience and securing sustainable prosperity. Chinese Premier Li Qiang will join the two

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