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The US has terminated Temporary Protected Status (TPS) for Nepal, initially granted after the 2015 earthquake. The Department of Homeland Security (DHS) will not extend TPS beyond its June 24 expiration, allowing a 60-day transition period. Approximately 7,000 Nepalis will be required to return to Nepal following the termination, as over 5,500 have already obtained legal permanent residency.
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News and Media
Warren Buffett's Berkshire Hathaway largely avoids REITs due to their tax structure and the company's investment philosophy, which prioritizes high unleveraged returns. However, Indian REITs offer individual investors tax-efficient income and liquidity, making them a potentially smart portfolio addition. SEBI regulations and transparency further enhance their appeal as an alternative to traditional real estate.
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News and Media
Indian equities are expected to consolidate in a narrow range over the next few months as corporate earnings remain the missing link, says Trideep Bhattacharya of Edelweiss MF. While macro headwinds have eased and policy momentum has improved, meaningful earnings revival is seen only in H2FY26. Consumption, financials, and defence are key sectors to watch, with selective midcap exposure advised.
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News and Media
Sanjay Singhal and Sukh Kaur, both Indian-Americans, are leading in their respective city council runoff elections in Sugar Land and San Antonio, Texas. Singhal, an IIT Delhi alumnus, is ahead in Sugar Land's District 2, while Kaur, a Stanford and Harvard graduate, leads in San Antonio's District 1.
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News and Media
Bajaj Finance has fixed June 16, 2025, as the record date for its 1:2 stock split and 4:1 bonus equity share issue. This comes after a strong Q4 performance, with 19% YoY profit growth, 26% AUM rise, and RBIs surprise rate cut boosting sentiment.
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News and Media
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