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As Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principles behind his six-decade run — patience, discipline, staying within his "circle of competence," and concentrating capital when conviction is high.

At least one person has been reportedly killed, and five people were injured on Sunday (local time) after a person fired shots at an event in northern Switzerland, local police say.
State Bank of India plans to divest nearly one percent of its National Stock Exchange stake. This divestment will occur as part of the exchange's upcoming initial public offering. SBI's mortgage portfolio is projected to surpass ten lakh crore rupees this quarter. The bank holds a significant market share in the home loan segment. Home loans are considered vital for India's overall economic growth.

Nifty ended the week lower after consolidating in a narrow range, with the broader technical structure remaining unchanged. The index moved between 24,076.85 and 24,378.60, while India VIX declined 4.64% to 10.68. Support remains at 23,900–24,000, while a cluster of moving averages continues to cap upside in the 24,400–24,750 zone.

Catastrophic floods along the Nepal-China border have killed at least 734 people and left more than 3,000 missing. Rescue teams are searching for survivors, while Nepal has sought international assistance as hundreds remain trapped in hydropower tunnels.

During August, foreign portfolio investors added over Rs 30,000 crore to Indian equities, showcasing the ongoing trend of substantial market inflows for the second month in a row. This surge can be attributed to enhancing corporate earnings and a stable economic environment. Furthermore, easing global geopolitical tensions have aided investor optimism, yet uncertainties surrounding crude oil prices and US bond yields remain pressing issues.
Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which facilitated a recovery in the market on Friday.

A study revealed that India was among the Top 20 countries incurring the highest gross extra costs for fuel amid the Strait of Hormuz crisis. India reportedly suffered a gross additional cost of USD 22 billion in the six months following the strikes on Iran.
Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to September 4. Investors must hold the respective shares as of the record date to qualify. Mastek, Glenmark Pharma and Triveni Engineering are among Monday’s stocks, with several companies announcing dividends for shareholders.

Ontario Premier Doug Ford has hit back at US President Donald Trump’s plan to rename Lake Ontario “Lake America” with a billboard-sized sign declaring, “It’s Lake Ontario, now and always,” amid rising tensions between the US and Canada.
As crypto markets face heightened volatility, with Bitcoin down 30%, traditional assets have delivered strong gains over the past six years. A Taurex study comparing major US and UK stocks, gold and Dubai real estate found Google, BAE Systems and gold among the top performers, with several technology and defence stocks more than doubling in value between end-2020 and August 12, 2026.
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers, crude oil prices, institutional flows and global technology sentiment. Analysts expect the Nifty to remain in consolidation, with the technical setup balanced as investors track key resistance and support levels.


Researchers at the Minneapolis Federal Reserve revealed that massive AI demand on memory and computer hardware drove up core inflation as much as the tariffs President Donald Trump imposed early last year.

Petrol and diesel prices remained stable on 30 August. Although prices increased earlier in May, they have not fluctuated significantly in the last three months.


Marine One, the helicopter carrying US President Donald Trump, lost radio communication with air traffic controllers for the second time this month. The latest incident occurred Thursday as Trump prepared to leave the White House, with another helicopter relaying messages to the tower.
