In a recent development, the Nascent Information Technology Employees Senate (NITES) has accused Tata Consultancy Services (TCS) of compelling employees to relocate without adequate consultation. […]
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Michael Burry’s Surprising Exit: Analyzing the Closure of a $1.6 Billion Short Position
Michael Burry has exited his S&P 500 and NASDAQ short position, which was valued at “1.6 billion dollars,” incurring an estimated loss of around 40%. […]
Dutch Poultry Farmers Ordered to Keep Animals Indoors Due to Bird Flu Outbreaks 2023
The Dutch government has mandated that all poultry farmers confine their animals indoors to prevent the spread of bird flu. This directive follows several recent […]
India to auction 20 critical mineral blocks, including lithium and graphite, in two weeks, says government official.
India is planning to invite bids for 20 critical mineral blocks in two weeks, including lithium and graphite, according to a government official. This is […]
In 2022-23, a record number of Indian students pursued higher education in the US, comprising over 25% of the one million international students.
In the 2022-23 academic year, a record-breaking influx of Indian students pursued higher education in the United States, constituting over 25% of the one million […]
Chinese companies are acquiring U.S. chipmaking equipment for advanced semiconductors, defying new export curbs targeting China’s semiconductor industry.
Despite new export curbs, Chinese companies are acquiring U.S. chipmaking equipment to advance their semiconductor industry, as per a recent congressional report. The bipartisan select […]
Goldman Sachs Upgrades India to Overweight and Downgrades Hong Kong Traded China Stocks
Introduction: Goldman Sachs, a prominent global investment bank, has recently made a significant move in its investment recommendations. It upgraded India to an “overweight” rating […]
India’s BSNL plans a Rs 1000 crore deal with Nokia for OTN equipment.
BSNL is set to award a Rs 1000 crore purchase order to Nokia for the supply of optical transport network (OTN) equipment and deployment. This […]
Russia and India sign $1 billion deal for Igla air-defense system, enhancing India’s air defense capabilities.
Russia and India have signed a contract on the supplies and production of the Igla handheld air-defense system, according to a Russian official quoted by […]
UBS strategists Kapteyn and Baweja predict a 275 bps interest rate cut by the Fed in 2024.
UBS strategists Arend Kapteyn and Bhanu Baweja predict that the Federal Reserve will cut interest rates by 275 basis points in 2024, nearly four times […]
IDFC First Bank Merger with IDFC Ltd Receives Further Approvals, Nears Completion
In a significant development, IDFC First Bank’s merger with IDFC Ltd has taken another step forward towards its completion. The Bombay Stock Exchange (BSE) and […]
The Indian government is planning to offer 35 coal mines in the upcoming 8th round of commercial coal mines auction on November 15, 2023.
The mines are located in five states: Jharkhand (11 mines), Madhya Pradesh (10 mines), Chhattisgarh (8 mines), Odisha (3 mines), and Maharashtra (3 mines). The […]