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President Trump's travel ban, affecting citizens from 12 countries, is set to take effect, aiming to protect the U.S. from perceived terrorist threats. The ban, which restricts entry and imposes partial restrictions on several nations, has sparked dismay and disbelief internationally. Chad has retaliated by halting visas for U.S.
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News and Media
Chad's President, Mahamat Idriss Deby, announced a visa suspension for U.S. citizens. This is in response to the U.S. travel ban. Donald Trump had banned citizens from twelve countries, including Chad. He cited deficient screening as the reason. Other African nations like Republic of Congo and Sierra Leone reacted differently. Republic of Congo believes there was a misunderstanding.
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News and Media
Markets may enter a consolidation phase despite a better-than-expected Q4, says Sneha Poddar of Motilal Oswal. She expects real earnings momentum to emerge only in H2FY26, with Q2 likely marking the bottom. Time correction may continue as fresh triggers remain limited. Meanwhile, downgrade pressures may ease as global cues, including China and trade tensions, show signs of stabilizing.
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News and Media
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
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