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%. […]
Category: BigBreakingNow
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 […]
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 […]
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 […]
European Union is considering new sanctions against Iran.: Politico
The EU has already imposed a number of sanctions on Iran in recent years, including for its nuclear program and its support for terrorism. However, […]
ONGC is expected to start oil production from its $5 billion deep water project in the Krishna Godavari basin offshore India’s eastern coast this month.
The project, known as Cluster-2, has been delayed by more than two years due to the coronavirus pandemic and other execution issues. However, ONGC is […]
A U.S. military aircraft crashed in the eastern Mediterranean during training, resulting in the tragic loss of five service members’ lives.
During a training exercise in the eastern Mediterranean, a U.S. military plane experienced a crash resulting in the tragic loss of five service members’ lives. […]
India’s Direct Tax Collections Surge by 17.59%, Nearing 58.15% of FY 2023-24 Budget Estimates
As of November 9 in the current fiscal year, India’s gross direct tax collections have reached an impressive Rs 12.37 lakh crore, reflecting a substantial […]
Moody’s Alarming Downgrade: United States’ Credit Outlook Dips, Signaling Potential Economic Challenges Ahead
Moody’s Investors Service changed the outlook on the United States’ AAA credit rating from stable to negative on 10th November 2023, signaling growing concerns about […]
Tense situation in Taiwan Strait as Chinese naval group, led by Shandong aircraft carrier, is closely monitored by Taiwan.
As of 6:00 a.m. today, Taiwan’s Ministry of Defense detected the presence of 13 Chinese military aircraft and 5 Chinese navy ships in the vicinity […]
Indian Rupee at New Low 83.2925 per USD today.
Despite the drop in crude prices and easing yields, there’s no sign of recovery for the Indian Rupee, which has slipped to 83.2925 per USD […]