US Deputy Secretary of State Christopher Landau expressed regret over the detention of South Korean workers in Georgia. He assured that the returning workers would face no re-entry disadvantages. Discussions focused on appropriate work visa issuance, acknowledging Korean companies' role in US manufacturing. South Korea seeks a dedicated visa quota, addressing a frustration despite the existing free trade agreement.
Iran's Supreme National Security Council cautioned that European threats to reinstate UN sanctions could endanger efforts to restore international monitoring of its nuclear program. The Council stated that recent agreements with the IAEA, aimed at resuming inspections, would be suspended if hostile actions, including reimposing lifted sanctions, occur.
Sushila Karki became Nepal's interim prime minister. She promised to address corruption following youth-led protests. Demonstrations erupted due to a social media ban and economic issues. The unrest resulted in numerous deaths and injuries. Army Chief Ashok Raj Sigdel and President Ram Chandra Paudel negotiated Karki's appointment. Activists nominated Karki through Discord.
Following Charlie Kirk's assassination, a wave of online vitriol and real-world repercussions has emerged, deepening political divides. Critics of the conservative activist have faced swift condemnation and professional consequences, including job losses and disciplinary actions. High-profile figures like Senator Marsha Blackburn and Trump administration officials have actively denounced those perceived as celebrating Kirk's death.
Warren Buffett often recalls Benjamin Grahams parable of oil discovered in hell to illustrate herd-driven investing. The tale highlights how fear of missing out and crowd psychology can overpower rational analysis, reminding investors to resist speculation and focus on intrinsic value.
Indian equities opened the week cautiously optimistic, with analysts highlighting five stocks showing technical strength and near-term upside potential. Datamatics, Graphite India, RailTel, Cochin Shipyard, and Bajaj Finance have been identified with specific buy calls, target prices, and stop-loss levels, offering trading opportunities amid resilient market momentum.
The International Finance Corporation is set to pocket hefty returns from Tata Capital's upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company.
Share buybacks boost earnings per share and make companies look leaner, but high taxes often reduce gains for Indian retail investors. Experts advise evaluating post-tax returns carefully, as selling shares in the market may offer better after-tax outcomes.
iValue Infosolutions, backed by Creador, will launch IPO via an offer-for-sale of 1.87 crore shares from September 1822. The Bengaluru-based tech solutions integrator serves large enterprises with cybersecurity, cloud, and digital infrastructure services. Listing is planned on BSE and NSE.