Shein's planned Initial Public Offering (IPO) has placed its valuation at approximately $27 billion. This valuation figure has drawn considerable attention from tech observers. The proposed IPO is set to proceed in the near future, according to industry reports. The current valuation is being called surprisingly low compared to some market expectations. Investors are now closely watching the next steps in the IPO process. 🚀
business Somil Mehta of Mirae Asset ShareKhan recommended four stocks for purchase on August 25, 2026. The recommended stocks are Jindal Steel, Bajaj Auto, Engineers India, and NMDC, across various price targets. Jindal Steel has a target of Rs 1190-1220 with a stop loss at Rs 1106. Bajaj Auto is suggested to reach Rs 12150–12400, while Engineers India targets Rs 267–272. NMDC has a target range of Rs 89.50–92, showing gradual momentum improvement. 📈
health Heavy rain has struck Delhi for the second consecutive day, causing significant disruption across the capital. The India Meteorological Department (IMD) has issued a red alert warning of thunderstorms and heavy rain across various districts. Heavy rainfall is predicted over Delhi within the next two to three hours, valid until 0945 hrs IST of 25/08/2026. This intense weather is attributed to the interaction between dry northerly and moisture-laden easterly winds. Currently, flight operations at Delhi Airport remain normal despite adverse weather forecasts.
world Sudden heavy rain turned Delhi's streets into canals, triggering a red alert until 9:45 am on Tuesday. The downpour was witnessed in areas like Kamla Nagar market and Rajaji Marg. On Monday, Janakpuri recorded the highest rainfall at 72.5 mm, with the event occurring on August 25, 2026. Experts link this volatile weather to climate change and rising moisture levels in the capital. Light rain is expected Tuesday, with temperatures predicted to rise again from Wednesday onwards.
business Chhattisgarh expanded the Atal Utkrisht Shiksha Yojana from 100 to 200 students to ensure quality education access. This move by CM Vishnu Deo Sai targets talented children from workers' families across all 33 districts. The scheme, launched last year, provides free education from Classes 6 to 12 at institutions like Rajkumar College. Sai emphasized that workers are the foundation of state development, making this educational support a priority. The government aims to provide equal opportunities so talent is never blocked by financial constraints. 📚
business The US has expanded sanctions warning nations to stop doing business with Iran or risk financial exclusion. Treasury Secretary Scott Bessent urged cooperation from China, which remains the largest buyer of Iranian oil. Imports dipped from 1.57m barrels a day in February to 1.47m barrels a day in March. The US is wary of Chinese retaliation ahead of talks between Donald Trump and Xi Jinping. Beijing insists it will protect its interests against these unilateral US sanctions. ⛽
india A 25-year-old migrant worker named Danish tragically died after falling into a cauldron of boiling jaggery. The incident occurred at a factory in Maharashtra, where Danish was employed. This accident happened on August 21, 2026, and he remained in the boiling molasses for about a minute. Initial family suspicion was cleared by viral footage showing an accidental fall and immediate rescue attempts. His family later performed his last rites after the truth was revealed.
health Cases of cold, cough, and viral infections are increasing with the arrival of the monsoon season. Dr. Rahul Rao at IGMC, Shimla, issued a press release advising public alertness and good hygiene practices. The hospital noted that children, the elderly, and those with existing illnesses need extra care during this period. He stressed that proper care helps most viral fever cases recover without unnecessary panic. People are urged to seek immediate medical help for severe symptoms and avoid self-medication. 🤧
sports WWE SmackDown for August 28th was taped on Monday at the Canadian Tire Centre in Ottawa, Ontario, Canada. Kevin Owens' promo was interrupted by CM Punk and Gunther, leading to a No. 1 contenders match setup. Irresistible Forces beat Tiffany Stratton and Chelsea Green, while Jacy Jayne defeated Paige. The Finn Balor vs. Kevin Owens vs. Gunther match ended in a disqualification after Sami Zayn interfered. Punk then emerged and Sami Zayn laid everyone out with the title belt.
business Chandan Taparia of Motilal Oswal has recommended three stocks for buying on August 25, 2026. This recommendation was made amid mixed signals as the Indian market was set to open with Nifty 50 and Sensex ending lower previously. The analyst suggested Siemens, MCX, and Cochin Shipyard as buy recommendations for the day. Option data points to a broader trading range between 23800 to 24800 zones for Nifty. Investors are advised to check with certified experts before making any investment decisions.
business Chinese investment is reportedly increasing significantly in anticipation of Xi Jinping's potential visit to India. This influx of capital involves various Chinese financial entities targeting Indian markets. Specific figures and exact dates of this investment wave were not detailed in the report. The increased economic activity suggests strategic preparation for high-level bilateral talks between the two nations. Future developments will depend on the finalization of the visit schedule and subsequent trade discussions. 💰
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