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Business

Warren Buffett Highlights Interest Rates' Impact on Stock Valuations

The Reserve Bank of India raised the repo rate after nearly four years amid global inflation pressures. Warren Buffett emphasized that interest rates are the most crucial factor in determining stock valuations. Lower rates increase the value of future earnings, while very high rates, like those in the early 1980s US, reduce equity valuation multiples. Buffett explained investments are valued by discounting future cash flows based on prevailing interest rates.

ET Markets·

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Politics

Tropical Storm Isaias Forms in Gulf; Florida Declares Emergency

Tropical Storm Isaias formed in the Gulf of Mexico and may rapidly strengthen into the first hurricane of the 2026 Atlantic season. Located about 580 miles south of the Mississippi River, it is expected to move toward the northern Gulf Coast and possibly make landfall as a hurricane by Friday. Florida Governor DeSantis declared an emergency in 25 counties as a precaution.

HT World··Florida

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Politics

Rahul Gandhi, Priyanka Gandhi Detained During INDIA Bloc Protest at Jantar Mantar

During the INDIA bloc protest at Jantar Mantar in Delhi, Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra were detained amid escalating tensions. Opposition MPs, including Mallikarjun Kharge, were stopped by security at Ashoka Road while demanding Chief Election Commissioner Gyanesh Kumar's resignation over alleged electoral irregularities. The protest followed a previous detention of opposition leaders after a sit-in at Akashvani Bhawan.

News18··Delhi

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Health

Lupin Launches Fixed-Dose Triple Combo Inhaler for COPD in India

Lupin has launched Formoflo-G MDI, a fixed-dose triple combination inhaler for chronic obstructive pulmonary disease (COPD) in India. Approved by the Drug Controller General of India, it combines Glycopyrronium Bromide, Formoterol Fumarate, and Fluticasone Propionate for managing moderate to severe COPD. The twice-daily inhaler enhances Lupin's respiratory portfolio, aiming to improve access to effective COPD therapies in India.

Hindu Business··Hyderabad

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Sports

Indian Wrestlers Denied US Visas; WFI Seeks Reconsideration

The Wrestling Federation of India (WFI) has requested the US Embassy in New Delhi to review visa denials for Indian wrestlers. The WFI urged the Embassy to grant visas to the wrestlers scheduled for appointments on Thursday, highlighting concerns over the refusals affecting athletes under 20 who are currently unemployed.

Times of India··New Delhi

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Sports

Wrestler Sujeet Kalkal credits coach Bentinidis for Asian Games gold

Wrestler Sujeet Kalkal credited foreign coach Shako Bentinidis for encouraging an attacking strategy and using the ‘dhobi pachhad’ arm throw technique, which helped him win the freestyle 65kg gold medal at the 2026 Asian Games in Nagoya, Japan. Kalkal, continuing the legacy of Yogeshwar Dutt and Bajrang Punia, was named India’s male athlete of the Games and praised Bentinidis for advising him to attack from the first bout.

Hindu Sport··Nagoya

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