The UN Security Council on Monday voted to adopt a U.S.-drafted resolution endorsing President Donald Trump's plan to end the war in Gaza and authorizing an international stabilization force for the Palestinian enclave. Israel and the Palestinian militant group Hamas agreed last month to the first phase of Trump's 20-point plan for Gaza.
CLSA's equity strategist predicts an AI bubble burst within a year due to concerns over returns on significant sector investments. This sell-off is expected to benefit India as investors reallocate funds from Taiwan and Korea, seeking less frothy markets. India's appeal lies in its cheaper valuations and the exhaustion of alternative investment options.
The twin challenges, coming shortly after Democratic victories in recent elections and before next year's midterm campaigns that will determine control of Congress, represent a sobering situation for a president who has reveled in his unrivaled dominance in Washington.
Hero MotoCorp's stock reached a 52-week high following a strong second quarter with double-digit revenue and profit growth. The company achieved a record market share for its VIDA EV brand and saw significant growth in global dispatches. Analysts maintain a 'buy' rating, anticipating continued sales volume growth driven by new launches and improving rural demand.
Investors are increasingly favoring RBI's Floating Rate Bonds, a secure government-backed debt instrument, over traditional bank deposits and small-savings schemes. Offering an 8.05% return linked to the National Savings Certificate rate plus 35 basis points, these seven-year bonds provide a higher yield and hedge against rising interest rates.
