Indian shares rose sharply on Thursday, with sentiment supported by positive global cues as oil prices steadied near $105 a barrel and American networking giant Cisco delivered stronger-than-expected quarterly revenue and profit.Investors also awaited the outcome of U.S. President Donald Trump's summit with Chinese President Xi Jinping in Beijing. Trump's three-day state visit to China focusses on...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.