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Ahead of the meeting, Berkshire reported its first-quarter results that indicated Buffett is still cautious. The company was a net seller of stocks for a 10th straight quarter, as it bought $3.18 billion and sold $4.68 billion.

While Buffett said it is best for trade to be balanced between countries, he doesn t think Trump is going about it the right way with his widespread tariffs.

Buffett spoke at Berkshire s annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, Marubeni, Mitsubishi , Mitsui and Sumitomo to as high as 9.8%.

Over three dozen Indian tech startups with a combined valuation of $100 billion are eyeing IPOs by 2027, signaling a revival in public listings. Major names include Flipkart, PhonePe, and Oyo. According to The Rainmaker Group, most IPO-bound firms are striking a balance between rapid growth and profitability, setting the stage for a strong comeback in equity markets.

SoftBank has reportedly opposed the proposed timing of Oyo’s IPO, urging the company to postpone the listing until its financial performance improves, according to people familiar with the matter who requested anonymity due to the sensitive nature of the information.

Indian benchmark indices ended higher on Friday, extending gains for the third straight week, driven by hopes of an India-US trade deal and consistent foreign portfolio investor inflows for 11 sessions.

Poonam Gupta has assumed her role as the new deputy governor at the Reserve Bank of India, joining the Monetary Policy Committee. With extensive experience at the World Bank and IMF, she will oversee key departments and contribute to monetary policy decisions. Gupta s expertise is crucial amidst global economic challenges and fluctuating inflation rates.

Indian indices ended higher for the third week, driven by US trade hopes and FPI inflows. RailTel, Adani Ports, and Godrej Properties gained, while JSW Steel and Swiggy fell.

IT company Newgen Software has reported a 2.8 per cent growth in consolidated net profit to Rs 108.3 crore in the quarter ended March 31, 2025 on higher revenues. It had logged a profit of Rs 105.26 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing.

Stocks like TCS, Infosys, SBI, LIC, ITC, Axis Bank, and L&T, trading below industry averages, are expected to deliver gains of up to 32%, according to Trendlyne.