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FINANCIAL CRISIS IN US
What America (still) teaches usDespite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosp...- Quote of the day by Coldplay front man Chris Martin: 'I think in life everyone needs to be broken in some way..' ; life lessons on dealing with setbacks from British singerColdplay frontman Chris Martin believes facing life's inevitable challenges, even heartbreak and illness, is crucial for personal growth. H...
- Punjab revokes livestock transit levy, ending Kashmir mutton supply crisisKashmir's severe mutton shortage has ended after the Punjab government lifted an illegal levy on livestock transport vehicles. Following in...
- 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...
- European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
- Quote of the day by founder of American Red Cross Clara Barton: 'I have no right to easy comfortable days when our poor men are suffering and dying thirsting' ; life lessons on caring for humanity from Florence Nightingale of AmericaEmpathy fuels societal trust and well-being, a principle embodied by nurse Clara Barton. Her powerful words, "have no right to easy comfort...
- Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
- Punjab levy row leaves Kashmir's wedding season facing a mutton crunchKashmir's wedding season is marred by a severe mutton shortage, with traders blaming an "illegal" levy imposed by Punjab on livestock. This...
- LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...
- Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
- Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- Best Proverb of the Day: “If a man is proud of his wealth, he should not be praised until...” — The timeless lesson reflected in Ratan Tata's lifeBest Proverb of the Day: Ancient wisdom from Socrates highlights that true worth isn't in wealth, but its impact. Ratan Tata exemplifies th...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- Iran issues "serious warning" to Bahrain as tensions prevail in West AsiaAn adviser to Iran's supreme leader has warned Bahrain of severe military action following retaliatory Iranian strikes on a local US base. ...
- Global Market: South Korea to extend won trading to 24 hours in bid to boost global appealSouth Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- No IIT, IIM degree, yet Rs 1 crore monthly income at 19: How a co-founder used his laptop with patchy internet to build an AI businessA LinkedIn post by Topmate co-founder and CTO Dinesh Singh has brought attention to 19-year-old AI entrepreneur Ayush Singh, who reportedly...
- US bond yields back to 'normal'; AI needs a reality check, says Ed YardeniVeteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisi...
- Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
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