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Gold prices steadied on Monday as investors looked forward to more U.S. economic data for clues on when the Federal Reserve might start its monetary policy easing this year. FUNDAMENTALS

global investors, India holds the most attractive investment proposition among emerging market economies, Candace Browning, head of Global Research, Bank of America, tells Bhaskar Dutta. Edited excerpts: How do you view India as an investment destination versus other emerging markets? We have seen outflows of foreign investment from stocks for the last two months.

Reserve Bank of India's (RBI) challenge for the rest of the year may not be inflation but liquidity. The resumption in government spending likely trimmed borrowing, and a surge in overseas fund flows could complicate the RBI's task of keeping its monetary policies effective. Liquidity — a tool more effective than policy rates — is likely to surge in the next few months after remaining tight for the past few quarters as the central bank focused on a steady withdrawal, spawning a deficit.

Top Events of the Day: Today is set to be a day of significant legal proceedings and rare astronomical phenomena. The Karnataka High Court will continue its deliberations on MLA HD Revanna's petition, while Kozhikode's court demands the presence of Baba Ramdev over allegedly misleading advertisements. In Uttar Pradesh, the Allahabad High Court reviews MP Afzal Ansari's appeal in a high-profile criminal case.

Read here: Week Ahead: Exit polls, Lok Sabha election results, RBI Policy, auto sales, among key market triggers this weekOn Friday, the Indian stock market ended with minor gains, snapping the five-day losing streak, led by gains in key heavyweights.The Sensex gained 75.71 points, or 0.10%, to close at 73,961.31, while the Nifty 50 ended 42.05 points, or 0.19%, higher at 22,530.70.“Exit polls results which indicate a clear victory for the NDA with around 360 seats completely removes the so-called election jitters which have been weighing on markets in May. This comes as a shot in the arm for the bulls who will trigger a big rally in the market on Monday.

India at T20 World Cup: Schedule, dates, venue, live-streaming, when and where to watchHowever, Gavaskar has now picked Kohli to open for India alongside Rohit Sharma while citing his recent form. Notably, the veteran batter suggests that left-handed Yashasvi Jaiswal also hasn't been in good form recently to deserve a berth at the top of the order for Men in Blue.In an interaction with Star Sports following the end of T20 World Cup opener between USA and Canada, Gavaskar said,"Rohit Sharma and Virat Kohli as openers.

Artificial intelligence (AI) and generative AI (GenAI) are advancing at an incredible pace, but we are unable to understand how they make decisions, so they are called ‘black boxes’. Researchers say they are now able to peek under the AI hood. Will this make AI models safer? AI algorithms, especially those involving complex machine learning (ML) models like deep neural networks, are modelled on the human brain.

tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the mainland’s solid ground, as per an AP report.

Netflix has a number of popular shows in store for subscribers in the US. Among them, there are four Netflix Originals and licensed titles, as per a report on WhatsOnNetflix.

French Open marathon came the sprint. Defending champion Iga Swiatek swept into the quarterfinals at Roland Garros in just 40 minutes after a crushing 6-0, 6-0 win against Anastasia Potapova.

Zeda Holdings, which uses 3D printing to manufacture orthopaedic implants, is planning to raise up to $200 million in capital for its India foray, its chief executive officer, Shri Shetty, told ET.

Mediators attempting to negotiate a ceasefire between Israel and Hamas on Sunday called on both sides to agree to a truce and hostage release deal outlined by US President Joe Biden last week, even as Israeli Prime Minister Benjamin Netanyahu has insisted he will pursue the war raging until Hamas is destroyed and the captives are freed.

ALSO READ: RBI Policy: Repo rate cut expectations pushed back to December quarterOn June 3 (Monday), data on the S&P flash US manufacturing PMI for May and ISM manufacturing for May will be released.TBA Auto sales data for May is also due on the same day.On June 4 (Tuesday), factory orders data for April will be declared.June 5 (Wednesday) will see the release of reports on ADP employment for May, ISM services for May, US productivity (final revision) for first quarter, US trade deficit for April, and S&P flash US services PMI for MayOn June 7 (Friday), a report on consumer credit for May and data on US employmenand unemployment for May will be released.Following companies are due to report quarterly earnings in the week ahead— GitLab, Science Applications, CrowdStrike, PVH, Hewlett Packard Enterprise, Bath & Body Works, Lululemon, Dollar Tree, Brown-Forman, Campbell Soup, and Five Below, Samsara, DocuSign, J.M. Smucker, and NIO.US stocks rallied on Friday after a report showed the Federal Reserve’s preferred inflation was flat.ALSO READ: OPEC to extend cuts till 2H; Crude oil seen at $70-$90 in 2024: Kaynat ChainwalaThe Dow Jones Industrial Average rose 574.84 points, or 1.51%, to 38,686.32, the S&P 500 gained 42.03 points, or 0.80%, to 5,277.51 and the Nasdaq Composite lost 2.06 points, or 0.01%, to 16,735.02.The yield on the 10-year Treasury fell to 4.50% from 4.55%.

China for all manner of things, most crucially, medical supplies. That it was also China where the coronavirus originated made for macabre irony as Beijing tried to use the people's suffering for geopolitical gains. World leaders recognised that the scale of reliance — fatal attraction, rather — was a national security threat. They devised a new lexicon to stay awake. 'De-risking', 'China plus one', 'friendshoring', 'resilient supply chains', 'trusted partners' and 'reliable geographies' became buzzwords. While progress was made to deny China the edge in semiconductors and critical minerals, focus on health security has been sporadic. Both the US and India acknowledge that pharma supply chains are too concentrated in one country and the need for diversification is urgent. But little has been done to address the issue. A partnership on health security similar to the one forged on critical and emerging technologies could be an idea. Good thing is the building blocks are already in place.

JPMorgan CEO Jamie Dimon was responding to a question posed at the Economic Club of New York in late April on the resilience of the US economy. But he could as well have been talking of India. National Statistics Office (NSO) data released last Friday show the Indian economy is, well, booming. At 8.2%, GDP growth for 2023-24 is streets ahead of the most optimistic estimates, and far, far ahead of RBI's estimate of 7% till as late as December 2023. Sure, there could be distortions due to the way the GDP deflator is computed, as this is then used to arrive at the real (from nominal) GDP numbers, and also because of changes in the 'net taxes' figure — GDP is GVA (gross value added) plus taxes less subsidies. But whichever way you dice the numbers — nominal or real GDP growth, GDP or GVA — there's no getting away from the fact that the Indian economy is shining. The news has, of course, been greeted with 'ra-ras' from the ruling BJP and nitpicking by the Opposition, even as it has left the aam janta cold. This is for two reasons.

T20 World Cup — a month-long festival of the fastest and most explosive form of the sport — which is being shared between venues in Texas, Florida, New York and the Caribbean — begins with the US taking on Canada at the Grand Prairie Stadium on the outskirts of Dallas on Saturday.

India vs Pakistan matches are games of emotions, and whichever team wins will go crazy with emotions. "Well, it's a game of emotion. If we win, we'll go crazy.

ALSO READ: Poll of Polls: 10 exit polls predict 350+ seats for BJP-led NDA, three 400+; INDIA bloc to get less than 200 seatsWhen a netizen expressed his wish that she be invited to sing national anthem in his oath ceremony, Millben replied, “Your words are most kind. I love India, you, and the people.

Mint. The widespread Indian diaspora across the US, Europe, Africa, and South America also aids the demand momentum, he added.Since 2023, Indian airlines have placed a cumulative order of 100 wide-body aircraft with a 70 wide-body aircraft order placed by Air India in February 2023 and another 30 by IndiGo last month.“I would say it is a good thing happening in this sort of domain and good for the industry and consumers.

Dallas: «Cricket? Erm, is it a team game?» asked the slightly puzzled Uber driver taking his passenger towards the Grand Prairie Cricket Stadium in Texas on Saturday.

Congress and other INDIA bloc constituents as well as certain civil society groups are trying to undermine the integrity of India's electoral process, the BJP alleged on Sunday and urged the Election Commission to prevent any attempts of «violence and unrest» during counting of Lok Sabha poll votes on June 4. The poll panel was also urged by a BJP delegation comprising Union ministers Nirmala Sitharaman and Piyush Goyal to take cognisance of the «systematic attempts» being made to undermine the process and initiate stringent action against those responsible.