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ECONOMY DEVASTATED
Lesson of the day from failure: When Ray Dalio went broke and had to borrow $4000 - 'You might think your life is ruined, but there is always a path forward, though you might not see it immediately.’Billionaire investor Ray Dalio faced a devastating financial ruin in 1982 after a failed prediction of an economic depression. This colossa...- Warren Buffett on why bubbles end badly – even when everyone knows they willWarren Buffett compared bubble investors to Cinderella at the ball: Everyone plans to leave just before midnight, but they are dancing in a...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Srinagar Airport announces partial runway closures for maintenance starting July 2026; total runway shutdown from October 1Srinagar Airport faces flight disruptions due to Indian Air Force runway maintenance. As part of the maintenanace, the runway will be unava...
- Flesh-eating parasitic fly screwworm that could cause millions of dollars damage to US economy detectedAn outbreak in the U.S. could cause $1.8 billion in damage to Texas' economy alone, according to a USDA estimate.
- In 1918, rats escaped from a shipwreck onto a remote island, and more than a century later, scientists discovered an unexpected consequenceA major rodent eradication on Lord Howe Island has revealed a surprising recovery of its insect life. For over a century, rats and mice dev...
- Iran war complicates plans for yet-to-materialise international force in GazaAn international force for Gaza, announced with fanfare, faces significant delays. Key contributor Indonesia has put its troop pledge on ho...
- Iranians are back online after months-long shutdown but still face heavy restrictionsInternet access is returning to Iran after months long shutdown although the service is slow and some apps remain blocked. The outage follo...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...
- Iran warns any renewed conflict with the US could spread 'far beyond the Middle East'Iran said on Wednesday it was examining a new US proposal to end the Middle East war, as President Donald Trump described the talks as bein...
- Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
- The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
- An ancient warning hangs over the Trump-Xi summit bonhomieChinese President Xi Jinping invoked the "Thucydides trap" at his summit with US President Donald Trump, highlighting the risk of war betwe...
- Is China's 'Nostradamus' right? Is a global depression and an escalation in the Strait of Hormuz looming? Here's what happened during the heated Piers Morgan debateChina's 'Nostradamus,' Professor Xueqin Jiang, warns of an impending global depression, a process he believes could span decades. He also h...
- Quote of the day by Margaret Thatcher: “Watch your thoughts, for they will become actions. Watch your actions, for they’ll become....” Can your habits predict your future? Discover Iron Lady’s secret psychological blueprint to master your thoughts, fix daily mistakes, and unlock a hidden destinyMargaret Thatcher quote of the day: Your mind is a silent architect. Margaret Thatcher knew that a single thought, repeated, becomes a land...
- Rare earth mining is poisoning Mekong River tributaries, threatening 'the world's kitchen'Toxic runoff from unregulated rare earth mines in Myanmar and Laos is contaminating the Mekong River and its tributaries, threatening the l...
- India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
- US-Pakistan tango: This risky double-game may dent Islamabad’s relations with Beijing, and also cause international humiliationIran's foreign minister refused to meet a US delegation in Pakistan, exposing Islamabad's risky diplomatic tightrope walk. This move, alleg...
- Israel awaiting US green light to 'return Iran to Stone Age': Defence MinisterDefence minister Israel Katz said on Thursday that Israel was "prepared to resume the war against Iran", adding that his country was awaiti...
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