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President Trump has pledged to address homelessness and crime in Washington, D.C., despite Mayor Bowser's assertion that the city is not experiencing a crime spike. Trump plans to evict homeless individuals and jail criminals, raising questions about the legal authority for such actions. Bowser highlights a reduction in violent crime and emphasizes ongoing collaboration with federal law enforcement.
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News and Media
Foreign investors are increasingly pessimistic about Indian stocks, reaching a two-year high in bearish sentiment. Concerns stem from a weakening rupee, high valuations, and the impact of US tariffs on Indian exports. This has led to accelerated selling and a build-up of short positions in the derivatives market, reflecting a risk-off approach towards Indian equities.
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News and Media
June quarter results show mixed performance across sectors. Automobiles, banking, and IT faced demand challenges. Cement, metals, and pharma saw gains. Mahindra and Mahindra excelled in automobiles. Public sector banks maintained asset quality. Ultratech reduced production costs. Infosys and HCL Technologies revised revenue guidance. Reliance Industries reported strong operating profit. Sector performance varied due to diverse economic factors.
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News and Media
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