Meta shares plunged 22% in early US trading on the back of poor earnings results. At current levels, that’s the biggest collapse in market value for any US company.
Due to spread of omicron, US business payrolls fell the most last month, since early days of pandemic. Meanwhile, US govt has given a stronger military message of support for Ukraine.
A large portion of Sitharaman’s speech was dedicated to climate action and the energy transition — from supporting low-carbon sectors, to the announcing of green bonds.
Potential deal follows global commodities boom that has fuelled a rally in Mumbai-traded Vedanta Ltd. shares & almost doubled its market capitalisation in the past year to about $17 Bn.
Facebook parent Meta Platforms is not only losing consumers to TikTok but also seeing lower revenue from ads destined for the shorter format on its own apps.
The plan to add more Chinese and Indian stocks will help Thailand’s Government Pension Fund diversify its equities portfolio, and earn better returns in developing and resilient economies.
The case could be closely followed by European steel industry & push conversions to greener steelmaking. Sector accounts for about 7% of carbon emissions globally & is difficult to decarbonise.
While kicking it off would indeed cause severe pain to Russians and the Russian economy in the short term, it also could be too much of a shock to a Western-led payment system.
Grants of Rs 19,500 crore are being added to spur local equipment production, while there’ll also be a 40% tax on imports of solar modules and 25% on cells from next fiscal.
The Emiratis prevented Iranian-backed rebels, Houthis, from capturing Yemen's south during the civil war. Now, Houthis may have ended UAE's hopes of a return to business as usual.
Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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