Lula begins 4th term as Brazil's president amid fiscal deficit near 10%
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Indian stock indices opened the week lower, with Sensex and Nifty 50 down about 0.5% and IT stocks shedding 1.1%, as Brent crude above $114 per barrel stokes inflation and supply concerns. India, the world's third-largest crude importer, faces margin and demand headwinds. The move reflects oil-price-driven risk-off sentiment in Indian equities, with 12 of 16 sectors in the red.
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