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Following a social media ban, a government vehicle struck a young girl, igniting widespread outrage in Nepal. The incident, dismissed by the Prime Minister as "normal," fueled existing anger over corruption, nepotism, and economic hardship. Frustrated youth took to the streets, demanding accountability and justice, highlighting deep-seated discontent with the political establishment and lack of opportunities.
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Helios Mid Cap Fund expanded its portfolio to 66 stocks in August, adding stakes in Ola Electric, ITC Hotels, Paytm, Swiggy, and MCX, while introducing new positions in Acutaas Chemicals, ASK Automotive, Cummins, and Hero MotoCorp.
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The Danish firm, which also produces Wegovy, has warned of increased pressure from "knock-off" drugs.
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