social demographic · culture

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Rahman's China visit marks new milestone in China-Bangladesh ties

S6

China and Bangladesh are looking to translate long-standing political trust into more concrete cooperation, with a growing focus on emerging industries, connectivity and regional coordination. Against that backdrop, the two countries on Friday agreed to elevate their ties by building a China-Bangladesh community with a shared future in the new era, marking a milestone during Bangladeshi Prime Minister Tarique Rahman's first official visit to China since taking office.

about 2 hours ago

geopolitical

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Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

S6

Warren Buffett and Michael Burry are taking opposing stances on the AI boom, highlighting investor uncertainty. Buffett’s Berkshire Hathaway has added a major stake in Alphabet, signaling confidence in the AI-driven growth, while Burry shorts Palantir and Nvidia, criticizing Big Tech accounting practices. Their contrasting positions coincide with transitions in their careers and growing debate over whether AI hype is justified or a bubble.

about 2 hours ago

geopolitical

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Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?

S6

Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of further slide toward the year’s low of Rs 3,825. However, being nearly 26% below its 200-day SMA suggests potential mean-reversion, with a contrarian recovery target at Rs 4,541 and downside below Rs 4,300.

about 2 hours ago

economic

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Oil prices to hit $150? How Indian stock markets may react as Iran war rages on

S7

Oil prices have surged past $100 per barrel amid escalating Iran–Israel tensions and fears of a prolonged closure of the Strait of Hormuz, a key global energy chokepoint. Analysts warn crude could climb to $150 if disruptions persist, raising inflation risks and pressuring Indian equities, which have already seen sharp declines amid foreign outflows, rupee weakness and energy supply concerns.

about 2 hours ago

geopolitical

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FPIs pull out Rs 27,000 cr in May; 2026 outflows hit Rs 2.2 lakh cr-mark

S6

Himanshu Srivastava, Principal - Manager Research at Morningstar Investment Research India, said the latest outflow trend reflected persistent uncertainty surrounding global growth, elevated geopolitical tensions across key regions and volatility in crude oil prices, which continued to weigh on risk appetite towards emerging markets, including India.

about 2 hours ago