TRUMP SAFETY PLAN
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
Are you looking at the Nifty to figure out whether to be bullish or bearish? If yes, cast your eye back to the day last year when the big correction started. Did all stocks start falling only after September 26, 2024, the day the indices peaked? No. Several stocks across segments began declining much before that day. The lesson: Focus on companies where the broader picture of growth is intact. And let the Nifty do what it is doing. Focus on the management, a key driver of earnings. Also, because GST rationalisation will likely impact earnings in a positive way, it is probably a good time to keep scepticism aside, but with conditions.
After Canada, US youth now face a tough job market – is America already in a hidden recession?
US recession indicators 2025: Despite US GDP growth, a report indicates young Americans face recession-like conditions. High unemployment, especially among recent graduates, and sluggish hiring in key sectors contribute to this reality. Economist Pascal Michaillat suggests current recession indicators overlook labor market distress, estimating a high probability of an ongoing recession.
France political crisis: Is country about to go bankrupt due to Donald Trump tariffs? Factors that have impacted Europe's 2nd largest economy
France's economy, the second largest in Europe after Germany's, appears strong at first glance. Before President Donald Trump's tariff war, growth was slow but steady and employment was picking up.
Golden visas for Indians: Amid changing rules and global uncertainty, golden visa calculations now include risk-hedging, estate planning, taxation
From EB-5 uncertainty to Portugal’s property ban, wealthy Indian families are rethinking their residency strategies as global rules tighten.
Robert F Kennedy Jr's hearing turns rancorous as Democrats press him on COVID vaccine changes
Health Secretary Robert F. Kennedy Jr. faced intense bipartisan scrutiny during a Senate hearing regarding turmoil at federal health agencies and controversial changes to COVID-19 vaccination policies. Contentious exchanges with senators from both parties highlighted concerns about Kennedy's leadership, particularly his dismissal of the CDC director and alterations to vaccine advisory panels.
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Trump administration offers up to $1000 cash bonuses to police for immigration arrests
The Trump administration is offering cash bonuses to police officers. These bonuses are for meeting immigration arrest targets. The program expands enforcement through the 287(g) program. Officers could receive up to $1,000 each quarter. This depends on ICE-directed arrests. The initiative adds to existing reimbursements. ICE seeks to expand its ranks. A Republican spending bill supports the payments.
Indian-American NASA veteran named US space agency's associate administrator
Indian-American Amit Kshatriya has been appointed NASA’s new exploration-focused associate administrator, becoming the agency’s top civil servant. A 20-year NASA veteran, Kshatriya will oversee Moon-to-Mars missions, including Artemis. Known for leadership in space operations, he will also guide NASA centres and partnerships with the growing US commercial space sector.
US stock market jolted: Dow, S&P 500, Nasdaq tumble as Big Tech reels from bond angst, tariff shock and soaring gold at September’s kickoff
US stock market slipped at September’s start as surging bond yields, new tariff shocks, and record gold prices weighed on Wall Street. The Dow, S&P 500, and Nasdaq all fell, with Big Tech taking the hardest hit.
Pak Army chief Munir meets China's Prez Xi for the first time after taking over as Field Marshal
Asim Munir met Xi Jinping with Shehbaz Sharif in Beijing. They discussed bilateral and regional cooperation. Xi wants stronger China-Pakistan ties for regional peace. He seeks upgraded CPEC and FTA versions. Sharif supports Xi's Global Governance Initiative. Pakistan reaffirms its one-China policy. Sharif pledged safety for Chinese personnel and projects in Pakistan. Munir will attend a Chinese military parade.
US regulators cancel bank exams as Trump rollback gathers pace
Under President Trump's administration, U.S. regulators are easing up on bank oversight, reducing exams and disciplinary notices, as reported by industry executives. The shift involves less focus on non-core issues like reputational and climate change risk, with a greater emphasis on key financial metrics. This move aims to streamline supervision and support economic growth, though some worry about potential risks.
Unions undertake nearly 1,000 "Workers Over Billionaires" protests against Trump across US - key points
Nearly 1,000 Workers Over Billionaires protests are planned this Labor Day across the United States. Unions and community groups are coming together to speak out for workers and against billionaires. The events highlight growing support for labor rights, fair wages, and collective action. People in all 50 states are expected to join the rallies.
New $523 trash fee outrages hundreds of thousands of Americans- regardless of how much you throw out
San Diego homeowners are in uproar over a new $523 annual trash fee, leading to a lawsuit and a request for an injunction. Residents, led by Paul Krueger, argue the fee, implemented after a narrow vote on Measure B, is much higher than initially projected. Residents have the option to downsize their trash plan to cut costs.
Trump Tariff Turbulence: Should mutual fund investors rework their investment strategy?
With Trump’s fresh 25% tariff hike taking the total levy on Indian goods to 50%, experts advise mutual fund investors to stay invested and avoid knee-jerk reactions. The focus should be on diversification, trimming exposure to US export-dependent sectors, and continuing SIPs, as volatility aids rupee cost averaging and strengthens long-term wealth creation.
Trump fires Democratic member of Surface Transportation Board ahead of huge rail merger decision
President Trump fired Democratic member Robert Primus from the Surface Transportation Board amidst a proposed major railroad merger. Primus, contesting the legality of his termination, believes it weakens the board and harms the freight rail network. The White House claims Primus didn't align with Trump's agenda, intending to appoint replacements. SMART-TD, the railroad union, condemned the firing, alleging corporate interference.
Indian billionaires quitting London, America… but not one returning to India: RPG boss Harsh Goenka
Harsh Goenka's comment sparks debate about wealthy Indians leaving. Many billionaires are quitting countries like the UK and the US. They prefer Dubai, Singapore, and Switzerland. A survey reveals many super-rich Indians want to move abroad for better living. India is among the top countries losing millionaires annually. Discussions are ongoing about making India attractive for the wealthy to return.
US to limit visa duration for international students, media professionals & cultural exchange visitors
The Trump administration proposed new rules to limit the duration of visas for international students, cultural exchange visitors, and journalists. F visas for students and J visas for exchange workers would be capped at four years, while I visas for journalists would be limited to 240 days, or 90 days for Chinese nationals.
Trump extends control over Washington by taking management of Union Station away from Amtrak
Transportation Secretary Sean Duffy announced the federal government is taking over management of Union Station from Amtrak, citing disrepair and aiming to make it a "point of pride." This move aligns with President Trump's desire for $2 billion to beautify Washington and his broader crackdown on crime, despite local statistics showing a decline in violent crime.
Meta to launch California super PAC backing pro-AI candidates
Meta will launch a California-focused political action committee to support candidates favouring lighter AI regulation. Aiming to influence state policy ahead of the 2026 governor race, the PAC reflects Meta’s push to protect innovation and business interests amid rising scrutiny, mirroring tactics used by Uber and Airbnb in Sacramento.
Family blames ChatGPT for teen’s tragic suicide in shocking new lawsuit against OpenAI
ChatGPT suicide case: The Raine family is suing OpenAI, alleging ChatGPT played a role in their son Adam's suicide by acting as a "suicide coach." They claim the chatbot failed to prioritize suicide prevention and even offered technical advice when Adam expressed suicidal intentions. The lawsuit raises questions about AI responsibility and the limitations of current safeguards in long conversations.
Why Trump’s America can’t do without Indians
Central bankers at Jackson Hole warned developed economies face labor shortages without foreign workers, especially as US policies under Trump restrict immigration, impacting Indian skilled workers vital to STEM and healthcare. A CBO report highlights the US population decline by 2033 without immigration, leading to slower growth. The US needs Indian workers but policies push them away, risking economic consequences.
US president Donald Trump signs orders aimed at ending cashless bail policies
Donald Trump signed an executive order targeting cashless bail, aiming to defund jurisdictions that employ it and instructing D.C. police to pursue federal charges to circumvent the policy. Trump criticized cashless bail as a "disaster," asserting the right to end it in D.C. through federalization.
Texas factory gives Chinese copper firm an edge in tariff war
Chinese copper flat wire manufacturer Wellascent strategically built a Texas factory to circumvent geopolitical risks. Benefiting from U.S. import tariffs, the plant expects to produce 3,000 metric tons annually by 2028, serving clients like Stellantis. Despite initial concerns about Sino-U.S. trade tensions, the U.S.
Trump administration planning to send National Guard to Chicago amid crime crackdown
The Trump administration is reportedly planning to deploy the National Guard to Chicago as part of an anti-crime and immigration crackdown, though the exact number of troops and timeline remain unclear. Chicago's Mayor Brandon Johnson has condemned the potential deployment as "uncalled for" and "unlawful," vowing legal action.
Trump administration moves to tighten visa checks — what 'continuous vetting' really means
The U.S. State Department's announcement of 'continuous vetting' for all visa holders has sparked concerns about potential impacts on over 55 million foreign nationals. While the government asserts its right to revoke visas for various reasons, critics fear unjust targeting based on flawed data, particularly regarding social media activity and perceived 'anti-American' sentiments.
Trump's attacks on institutions threaten a bulwark of economic strength
The U.S. economy's reputation as a safe haven is threatened by President Trump's actions, including undermining the Fed's independence and meddling with economic statistics. Economists warn that politicizing these institutions could lead to higher borrowing costs and long-term economic instability. Such actions erode trust and could jeopardize the U.S.'s standing as a reliable place for investment.
Trump targets Chicago after DC crime drop, plans National Guard help for big cities
President Trump sent National Guard troops to Washington, DC, to reduce crime. He says Chicago needs help next, and New York could follow. Since the troops arrived, violent crime, carjackings, and robberies in DC have dropped. Trump criticized Chicago Mayor Brandon Johnson and claims many people want his support to make cities safer.
Pakistan criticises India's recent Agni missile test
Pakistan has voiced strong disapproval of India's recent Agni missile test, asserting that it destabilizes regional and global peace. A spokesperson highlighted concerns over India's increasing military capabilities, deeming it a threat to Pakistan's security and regional stability.
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