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WHY US IS FACING HOME SHORTAGE
For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...- 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 boom not shock-proof; chip shortage and weak pass-through weigh: ReportWhile AI boom is supported by strong cash flows, it is not immune to shocks, with chip shortage posing a major risk to the rally, says Nuva...
- Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
- FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...
- 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 ...
- Face wash or bar soap: Which one is actually better for monsoon skin?Monsoon brings humidity, sweat, and sticky skin, and suddenly your regular cleansing routine stops feeling like enough. The question most p...
- MiPhi bets on memory products shortage to expand auto, electronics business in IndiaFlash storage maker MiPhi is capitalizing on the global memory chip shortage to secure lucrative deals in India's electronics and automotiv...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- African Proverb of the Day: “Home is not where we live; home is where we… — Life lessons on belonging, family, connection, acceptance and why finding where you truly belong mattersAfrican Proverb of the Day highlights the meaning of “Home is not where we live; home is where we belong.” The saying reflects the idea tha...
- Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCIIndia's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Des...
- Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
- No chips, no glory for India's AI companies racing to lock in GPUsRamprakash Ramamoorthy, director of AI research, Zoho, which is running its own data centre, said the compute cost has gone up significantl...
- Europe heatwave: Indian couple in Paris wait 90 minutes to buy a ‘luxury’ fan, say people are fighting to get oneEurope heatwave: An Indian couple in Paris waited 90 minutes to buy a fan as extreme temperatures hit Europe, disrupting transport, infrast...
- Putin says Russia will press on with front-line campaign regardless of Ukraine proposalsPresident Putin declared Russia's intent to fully capture four Ukrainian regions, dismissing a Ukrainian proposal for a ceasefire as a tact...
- Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
- Aam in Aam, Indians in US savour taste of homeIndian mango sales are soaring in the US, hitting record highs this summer. Innovative packaging, targeted promotions, and direct-to-neighb...
- Apple's latest price hike hits India hardest as MacBooks, iPads get up to 70% costlierApple has significantly increased prices for MacBooks, iPads, and other devices in India, with hikes ranging from 14-70%. This sharp rise i...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- Karnataka records 42% rainfall deficit, 826 villages face water shortageKarnataka faces a severe 42% rainfall deficit this year, leading to a significant drop in groundwater levels. As a result, 826 villages are...
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