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Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...- Motilal Oswal calls Bloomberg delay on India G-Secs a "temporary operational pause," expects inclusion within monthsMotilal Oswal believes Bloomberg's G-Sec inclusion delay is a temporary pause. He cited operational issues and foreign investor onboarding ...
- How an iron ore empire began to raise doubtsMajor commodity traders are cutting ties with Radiant World amid concerns, which suggest the company provided falsified documents to banks ...
- Maruti Suzuki Q1 profit drops 11% to Rs 3,352 crore amid rising input costsMaruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impac...
- Bloomberg delays India’s entry to global bond index yet againThe inclusion of Indian government bonds in Bloomberg's Global Aggregate Index has been deferred yet again, as the company requires additio...
- Moonshot has Nvidia chip cluster from Alibaba computing deal: Bloomberg News reportsChinese AI firm Moonshot has secured computing power from Alibaba. This deal involves approximately twenty thousand Nvidia chips for their ...
- Bloomberg delays India bonds inclusion in global index as investors seek proof reforms workBloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market r...
- Cockroach Janta Party plans nationwide grassroots movement to hold government accountable, says Saurav DasThe Cockroach Janta Party plans a nationwide movement for youth accountability. CJP led India's largest student protests in recent years. T...
- Visa to lay off 7% of staff as efficiency push deepensVisa plans to reduce its workforce by approximately seven percent. This significant job cut will primarily affect technology and product te...
- Elon Musk net worth: The former trillionaire is now $750,000,000,000 poorer—almost the combined wealth of Larry Page, Sergey Brin and Jeff BezosElon Musk's net worth has dropped below seven hundred billion dollars. This significant wealth reduction stems from SpaceX and Tesla stock ...
- Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...
- HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
- US customs officials inspect China-linked factories in Vietnam: ReportU.S. customs officials conducted spot inspections at China-linked factories in Vietnam. Inspectors examined documents and production proces...
- Nvidia to invest $5 billion in Ilya Sutskever's AI startupThe two companies announced the deal Monday morning without disclosing financial terms. The funding will boost SSI's available computing ...
- Strong El Nino could push global temperatures above 2C in early 2027A powerful El Nino may push global temperatures above two degrees Celsius in early 2027. This significant milestone, if reached, would be a...
- DeepSeek tells prospective investors of funding pause, Bloomberg News reportsDeepSeek, a prominent AI company, has reportedly informed potential investors that it's temporarily halting its fundraising efforts. This n...
- Index entry wait may temper bond rally as FPI inflows start to easeIndian bond rally may slow as foreign investor flows decrease. The benchmark government bond may trade in a tight range ahead. Higher gover...
- Qualcomm tells customers of double-digit price increases: BloombergThe company told customers it could no longer absorb rising supplier costs and had sought alternative components from new suppliers, Bloom...
- Index entry wait may temper bond rallyThe rally in Indian government bonds is expected to lose momentum as hopes of inclusion in Bloomberg's Global Aggregate Index fade and the ...
- Quote of the Day by Michael Bloomberg: “Did I want to risk an embarrassing and costly failure? Absolutely. Happiness for me has always been the...” - Inspiring life lesson on embracing uncertainty, taking bold risks, and finding purpose beyond comfort from Bloomberg's timeless quoteToday's Quote of the Day by Michael Bloomberg is a reminder that meaningful success rarely comes without uncertainty. Drawing from his own ...
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