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US NATIONAL DEBT TOUCHES AN ALARMING LEVEL
US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...- In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate...
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
- Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 yearsPaisalo Digital is aggressively pursuing a technology-first strategy, aiming to double its loan book in three years while maintaining a hea...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
- Japanese bond yields rise on yen weakness, fiscal worriesJapanese government bond yields climbed Wednesday, with longer-term rates nearing a month's peak. A weakening yen and concerns over governm...
- RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
- Psychology says people who set multiple alarms even when one is enough aren't lazy: What repeated alarms revealPsychology says people who set multiple alarms even when one is enough aren't always unmotivated or careless. Psychology suggests this habi...
- India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbsIndia's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...
- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- US lawmaker introduces bill to require AI companies to report critical incidentsThe draft legislation, introduced by U.S. Representative Nathaniel Moran of Texas, would mandate AI companies to report to the U.S. Commerc...
- Vedanta Resources buyback offer gets $943 million bond bidsVedanta Resources has successfully garnered tenders worth approximately $943 million for its dollar bonds through an early participation wi...
- US lawmaker proposes bill to require AI companies to report critical incidentsA new bill, the AI Incident Reporting Act, is set to be introduced by Congressman Nathaniel Moran, mandating AI developers to report danger...
- In 1950, Australia used a virus as a biological weapon against millions of rabbits; scientists just decoded how they fought back, using DNA from a rabbit that once belonged to Charles DarwinAustralia's 1950 introduction of the myxoma virus to control rabbits backfired as evolution intervened. Scientists, analyzing rabbit DNA ac...
- US says it is mobilizing assistance for Venezuela after earthquakesVenezuela earthquake: The United States is mobilizing crucial assistance for Venezuela following devastating earthquakes that toppled build...
- Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh BaligaVedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Sta...
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