Sunday, September 13
Iran has arrested 20 people it alleges are operatives of Israel's Mossad spy agency in recent months, the judiciary said on Saturday, warning that they will face no leniency and will be made an example of. On Wednesday, Iran executed a nuclear scientist named Rouzbeh Vadi, who was convicted of spying for Israel and passing on information on another nuclear scientist killed in Israel's air strikes on Iran in June, state media reported. Judiciary spokesperson Asghar Jahangiri told reporters in Tehran on Saturday that charges against some of the 20 suspects arrested had been dropped and they were released. He did not give a number. "The judiciary will show no leniency toward spies and agents of the Zionist regime, and with firm rulings, will make an example of them all," Jahangiri was quoted
Following a sharp 20% fall in PG Electroplast shares, the chart looks extremely weak, exiting on bounces seems a better strategy than attempting bottom-fishing, says Rupak De, Senior Technical Analyst, LKP Securities.In this chat, he also shares top 3 ideas for the week ahead. Edited excerpts:Nifty ended the week about 1% lower to record sixth consecutive negative weekly falls. How bearish are we on the charts?Nifty recorded its sixth consecutive weekly decline, marking one of the longest stretches of losses on the weekly chart. In its history, there have been very few instances where the index posted five or more consecutive weekly declines, with the longest being a nine-week fall in early 2001.On Friday, the Nifty moved southward as it failed to sustain above the 50 EMA on the hourly cha
As India's non-leather footwear industry in Tamil Nadu welcomes substantial investments from global brands like Nike, Puma, Crocs, and Adidas, a significant concern looms over the industry -- the potential implementation of a 50% tariff by the United States. This tariff is seen as a substantial threat to the competitiveness of Indian exports, already strained by a previous 25% tariff that has pushed many brands to reconsider their manufacturing locations, The Times of India reported on August 9.According to sources cited in the story (by Asmita Dey), companies such as Crocs and Nike are contemplating a pause on new export orders to the US from India, pending further developments in trade discussions between the two nations.The apprehension is palpable -- if the tariff increases to 50%, it
