LONDON — Meghan Markle, the Duchess of Sussex, has paid an emotional and deeply personal tribute to Gloria Steinem, the trailblazing feminist journalist and activist who died Sept. 2 at age 92, marking the first Instagram post Markle has shared since returning to the United Kingdom with her family.

Markle shared a three-photo carousel on Instagram Thursday, featuring images of herself and Steinem sitting together beneath a tree, a photograph of Steinem embracing a young boy believed to be Prince Archie, and a black-and-white photo of the two women together on a couch. The post was set to Dolly Parton’s song “Just Because I’m a Woman,” a choice that appeared to honor both Steinem and Parton, the country music icon who died Aug. 25, within the same tribute.

Markle opened her tribute by describing the personal, private side of her relationship with Steinem, distinguishing it from the public advocacy work the two women had shared over the years.

“Privately, she was even better than you would imagine — spending Thanksgiving with our family, introducing me to one of my best friends (forever the champion of female friendship), loving our children with her whole heart, counselling me during hard times, and giving extraordinary advice and perspective with a cup of tea and an unrivalled cheekiness and wit,” Markle wrote.

Markle went on to share a specific anecdote she described as her favorite memory involving Steinem, recounting an encounter the activist once had with a stranger in New York City.

“But my very favourite story about GLO is when she was out one day in NY, and a woman approached her in absolute awe and said she wanted to introduce her young daughter to her (though she was embarrassed to say the young girl may not know who she was),” Markle wrote.

According to Markle’s account, Steinem responded to the woman with characteristic wisdom.

“Gloria replied: ‘It doesn’t matter if she knows who I am. What matters is that she knows who SHE is,’” Markle wrote.

Markle closed her tribute with a heartfelt farewell to her longtime friend and mentor.

“Rest in peace, and rest in pride. Look at what you’ve done for all of us. Thank you,” Markle wrote.

Elsewhere in the tribute, Markle reflected on Steinem’s well-known philosophy that “we are linked, not ranked,” a phrase Markle noted had also been inscribed on a bracelet Steinem once gave her, one she said she continues to wear proudly. Markle also expressed gratitude that Steinem had known, in her final weeks, precisely how loved and admired she was by those around her.

Markle and Steinem’s friendship dated back several years and included both public advocacy work and more private moments of mentorship. The two previously appeared together in a widely shared 2020 video discussing the importance of women’s voting participation, during which Steinem, then 86, welcomed Markle back to the United States following her and Prince Harry’s move to California after stepping back from senior royal duties. During that same period, the two were also photographed together cold-calling voters from Markle’s dining room table, an image that circulated widely at the time as an example of the pair’s shared commitment to civic engagement.

Steinem’s foundation confirmed her death in a statement shared through her official Instagram account, indicating she died peacefully at her home in New York City, surrounded by loved ones. Steinem, born in Toledo, Ohio, in 1934, became one of the most influential figures in the American feminist movement over the course of more than five decades of activism, co-founding Ms. magazine in 1972 and advocating throughout her career for reproductive rights and the Equal Rights Amendment.

Markle’s tribute arrives during a notable period of transition for the Duchess and her family, who recently relocated back to the United Kingdom alongside Prince Harry and their two children, Prince Archie and Princess Lilibet. The timing of Markle’s first public post since the move, dedicated entirely to mourning Steinem rather than addressing the family’s return itself, drew attention from royal commentators and fans following the family’s transition back to British life.

Separately, Smart Works, a charitable organization for which Markle has previously served as a patron, welcomed the Duchess and her family back to the country with a statement expressing enthusiasm about her return. The organization said it was “very excited to welcome the Duchess and her family back to the UK.” Markle has also served as patron of Mayhew, an animal welfare charity focused on improving conditions for dogs, cats and the broader community it serves both in London and internationally.

Tributes to Steinem have continued pouring in from across entertainment, activism and political circles in the days since her death, reflecting the breadth of her influence across generations of feminist activists, journalists and public figures. Markle’s tribute stands out among those public remembrances for its emphasis on the private, personal side of Steinem’s relationships, offering fans and followers a more intimate glimpse into the mentorship and friendship the two women shared away from their more public collaborative work on issues including voter engagement and gender equality.

Markle has not yet publicly addressed her family’s broader transition back to the United Kingdom beyond the tribute to Steinem, leaving open questions about how and when she might more directly discuss the family’s relocation, their settling-in process, and their approach to navigating British public life following years spent primarily in California since stepping back from royal duties in 2020. For now, her first public post since returning has centered entirely on honoring the memory of a woman she has described as both a trusted mentor and one of her closest personal friends.

McGoldrick offloaded 21 lakh shares in four tranches on Friday, representing a 0.51 per cent stake in the Pune-based global product engineering and digital services firm.

The shares were sold at an average price of Rs 785 apiece, taking the aggregate value of the transaction to Rs 164.85 crore.

Following the sale, McGoldrick’s shareholding in Tata Technologies declined to 0.62 per cent from 1.13 per cent.

McGoldrick retired as CEO and MD of Tata Technologies in September 2014 after serving 20 years with the company.

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According to Patrick McGoldrick’s LinkedIn profile, he is currently an Executive Director at RNT Associates International Pte Ltd, a Ratan Tata company that provides advisory services and invests in companies with breakthrough technologies and business models.
McGoldrick, who propelled the Tata Group to establish the engineering services company, was succeeded by Warren Harris in November 2017.The shares were acquired by ICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, 360 One Asset Management, and Carnelian Asset Management & Advisors, with the buyers collectively picking up an equal number of shares at the same price.

Shares of Tata Technologies settled 0.59 per cent lower on Friday at Rs 799.85 apiece on the BSE.

The transaction comes months after Tata Technologies reported an 8 per cent rise in consolidated net profit to Rs 204.17 crore for the March quarter, compared with Rs 188.87 crore in the year-ago period.

Its consolidated revenue from operations rose to Rs 1,572.22 crore during the fourth quarter from Rs 1,285.65 crore a year earlier, according to a regulatory filing.

For FY26, the company’s consolidated net profit was at Rs 546.59 crore as compared to Rs 676.95 crore in FY25.

Its consolidated revenue from operations in FY26 stood at Rs 5,505.57 crore as against Rs 5,168.45 crore in FY25, the company said.

Tata Technologies, which made a blockbuster stock market debut in November 2023, making it Tata Group’s first public offering in nearly two decades, had listed at a massive premium and ended its maiden trading session with gains of nearly 163 per cent over its issue price.

Incorporated in 1994, the Tata Motors entity offers turnkey solutions to global original equipment manufacturers and their tier-I suppliers across the globe.

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Overseas investors remained net buyers across sectors in the second half of August, marking a second consecutive fortnight of inflows. Ten sectors recorded FPI inflows between August 16 and August 31, according to data from the National Securities Depository (NSDL).

Consumer Services: Foreign buying stays strong

Consumer Services attracted the highest inflows during the fortnight, with Rs 5,019 crore flowing into the sector. This took the sector’s total inflows for August to Rs 8,417 crore. The buying follows a strong July, when the sector recorded inflows of Rs 10,191 crore. Cumulative inflows over the last three months have now reached Rs 19,787 crore.

SBI Securities attributed the sustained interest to changing consumer spending patterns. “Higher disposable income is driving a major shift toward aspirational spending, boosting high-end fashion, luxury cosmetics, and premium organized retail,” the brokerage said in a report.

It added that consumer preference has shifted strongly toward leisure travel, upscale dining and hospitality, helping sustain sector growth despite broader economic cycles.

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Financial Services: FIIs rebuild exposure

Financial Services followed closely, attracting over Rs 4,000 crore from FIIs during the fortnight. In the rolling two-month period from June to August, the sector received total inflows of Rs 16,570 crore.
SBI Securities said the return of foreign buying suggests that selling pressure on the sector has eased, with investors gradually rebuilding their exposure. The brokerage noted that Financial Services had recorded Rs 12,303 crore of outflows between March and May.The Financials index has been consolidating within the 25,671–27,127 range for the past two and a half months. A decisive breakout on either side of this range could provide the next directional cue for the index.

September has historically been a strong month for Financial Services, with the index ending higher in 12 of the last 20 years and delivering an average gain of 3.03%. Kotak Bank is the stock exhibiting a positive price action structure, says SBI Securities.

Healthcare: Inflows remain firm

Healthcare attracted Rs 3,021 crore during the second half of August. Over the rolling two-month period, the sector received Rs 12,076 crore of inflows. According to SBI Securities, stocks exhibiting a positive price action structure include Divis Lab, Glenmark, Ipca Lab, Laurus Lab, PPL Pharma and Zydus Life.

Telecom: FPI selling continues

Telecom remained under pressure, with FPIs pulling out Rs 4,983 crore from the sector in August 2026. The selling trend has persisted since January, with FPIs offloading Rs 29,513 crore from the sector so far this year.

The sector continues to face pressure from the heavy investments required for pan-India 5G infrastructure and spectrum renewals, which are weighing on near-term free cash flows. At the same time, actual 5G revenue generation through ARPU growth is scaling much slower than projected.

Unresolved legacy issues, particularly ongoing disputes over Adjusted Gross Revenue (AGR) dues and statutory payout timelines, also remain an overhang because of the potential for sudden legal and financial liabilities for telecom operators.

Telecom’s domestic-revenue-heavy business model also leaves the sector exposed to dollar-denominated import costs, including equipment, putting pressure on net profit margins compared with export-driven sectors such as IT and Pharma.

Stocks exhibiting a weak price action structure include Bharti Airtel, Bharti Hexacom, ITI, Indus Tower, Railtel and Route Mobile.

Power: FPI interest remains weak

Power continued to see consistent FPI outflows, with investors pulling out Rs 2,641 crore from the sector in August 2026. This follows significant outflows of Rs 9,956 crore over the previous three months.

State Power Distribution Companies (DISCOMs) are facing intense cash flow constraints and rising debt. Failure in tariff realisation and delays in subsidy payouts are directly limiting the capital expenditure needed for essential grid maintenance and modernisation.

The sector is also facing higher costs, with high import duties and global supply chain disruptions increasing the cost of critical components such as solar modules, wind turbines and high-voltage transmission lines.

Unpredictable weather shifts, including prolonged dry spells and irregular monsoons, have added another layer of volatility. These conditions have created spikes in peak power demand while simultaneously disrupting hydro and wind generation, forcing utilities to purchase high-priced emergency power from the short-term spot market.

Stocks exhibiting a weak price action structure include Adani Ensol, CESC, KPI Green, NTPC Green, NTPC, PTC India, Powergrid, Tata Power and Torrent Power.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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SYDNEY — Australian shares closed out a turbulent trading week Friday with the benchmark S&P/ASX 200 index shedding just under 1% since Monday, as investors navigated a volatile stretch driven by escalating tensions in the Middle East, rising Australian bond yields and growing expectations of a Reserve Bank interest rate hike later this month.

The week began on a difficult note, with the index sliding sharply Monday and Tuesday amid a global bond market selloff triggered by renewed U.S. military strikes on Iran, which sent oil prices climbing and rattled equity markets worldwide. That pressure continued into Wednesday, extending the ASX 200’s losing streak to three consecutive sessions before the market found its footing later in the week.

Thursday brought the week’s most significant rebound, with the ASX 200 gaining 42 points, or 0.5%, to close at 9,020, as bargain-hunting investors stepped back into the market following its slide to a four-week low. That decline had been driven in part by June-quarter GDP data that came in hotter than expected, reinforcing market expectations that the Reserve Bank of Australia may move to raise interest rates at its meeting later this month. Adding to the concerning economic backdrop, the same GDP figures showed the Australian economy had delivered zero net productivity growth since 2019.

Interest rate markets moved sharply during the week to reflect that shifting outlook, with traders pricing in nearly an 80% probability of an RBA rate increase later in September, a significant jump in hawkish sentiment compared with expectations just days earlier.

Moomoo Australia chief market strategist Tapas Strickland described the somewhat counterintuitive dynamic at play, in which even sluggish economic growth could still prompt the central bank toward tightening rather than easing.

“Some thought the economy is growing a little bit too fast, and so therefore you may actually need to raise rates to slow down the rate of growth, even though the rate of growth is so slow,” Strickland told AAP.

Thursday’s rebound was underpinned by broad-based sector strength. Non-energy minerals led the day’s gains, followed by financials, manufacturing and communications stocks, though losses in energy minerals, consumer durables and healthcare limited the overall advance. Gold miners rallied strongly, with Northern Star Resources and Evolution Mining both climbing 2.6%, while Australia’s big four banks rose between 1% and 2%. Rare earths producer Lynas climbed 2.4% during the same session.

The week’s most dramatic single-stock move came from Corporate Travel Management, which plunged 84% to a near 14-year low after resuming trading following a yearlong suspension tied to missed financial reporting deadlines stemming from an accounting scandal involving its UK operations.

Friday’s session brought the week to a close on a mixed note, with the ASX 200 finishing down 0.16%, snapping the momentum built during Thursday’s rebound. Rising stocks still outnumbered declining ones on the broader market by 660 to 419, with 431 stocks finishing unchanged, even as the benchmark index itself edged lower.

Among Friday’s standout performers, Regis Healthcare led the day’s gainers, rising 5.12% to close at $4.52, a notable bounce following the aged care operator’s sharp declines earlier in the week tied to ongoing uncertainty over government aged care funding policy. Drone detection company DroneShield added 5.11% to finish at $1.75, while uranium producer Paladin Energy climbed 5.06% to $11.83.

On the losing side of Friday’s ledger, Nine Entertainment Co. Holdings fell 8.25% to close at 92 cents, marking the steepest decline among ASX 200 constituents for the session. Fuel retailer Ampol dropped 5.45% to finish at $40.90, while Viva Energy Group slipped 3.49% to $2.91.

Looking across the full trading week through Friday’s close, HMC Capital emerged as one of the standout performers, gaining 8.39%, followed closely by automotive parts retailer Bapcor, which rose 8.02%, and gold producer Ora Banda Mining, up 5.65%. On the other end of the spectrum, Nine Entertainment and Ampol again featured among the week’s weakest performers, alongside continued volatility in Corporate Travel Management following its dramatic relisting collapse.

Mining stocks broadly improved over the course of the week despite dipping on Friday specifically, with copper prices holding onto recent gains and gold continuing to lift on the back of a dovish pivot from the U.S. Federal Reserve, along with sustained central bank gold buying globally. That commodity strength provided a partial offset to the broader pressure facing the market from rising local bond yields and mounting expectations of RBA tightening.

The week’s volatility also unfolded against a backdrop of significant global developments, including Nvidia’s confirmed $12.93 billion acquisition of AI platform Hugging Face, a deal that helped fuel gains across global technology and AI-linked stocks, along with a strong earnings report from cloud company Snowflake that further bolstered sentiment in that sector internationally. Those developments provided some support to global risk appetite even as the Iran conflict and its implications for oil prices continued to weigh on broader market sentiment throughout the week.

Real estate stocks emerged as one of the week’s more consistently pressured sectors, weighed down by the sustained rise in global and domestic bond yields, which makes property trusts’ income streams comparatively less attractive relative to risk-free government bonds. That dynamic weighed on names including Stockland and Charter Hall at various points during the week, even as the broader materials and financial sectors showed greater resilience.

With the Reserve Bank of Australia’s September policy meeting now looming as the next major catalyst for the local market, investors are likely to remain focused in the coming week on further domestic economic data, along with ongoing developments in the Middle East conflict and their implications for global oil prices and inflation expectations. The combination of a potential RBA rate increase, continued geopolitical uncertainty, and lingering volatility in individual stocks following this week’s dramatic moves in names like Corporate Travel Management and Regis Healthcare suggests Australian equities may continue to experience elevated volatility heading into the back half of September.