Electric vehicles manufacturer Olectra Greentech has experienced a significant boost in its profit after tax for the September quarter of 2023-24. According to a statement released by the company, the profit after tax has nearly tripled to Rs 18.58 crore, compared to Rs 7.42 crore in the same period last year. This impressive growth can…
Check out the companies making headlines in premarket trading. Fortinet, a cybersecurity company, experienced a significant drop of 23.1% in its shares after missing earnings expectations and providing a weak outlook for the current quarter. Fortinet reported $1.33 billion in revenue for the third quarter but expects between $1.38 billion and $1.44 billion for the…
U.S. Job Creation Slows in October, Easing Pressure on Federal Reserve In a report released on Friday, the Labor Department revealed that job creation in the U.S. economy has decelerated in October, aligning with previous expectations of a slowdown and potentially relieving some pressure on the Federal Reserve in its efforts to combat inflation. According…
Highly Successful People: 11 Little Life Changes That Make a Big Difference In our society, we often emphasize and celebrate the achievements of gifted children, natural athletes, and child prodigies in various fields. However, success is not limited to these exceptional individuals. As an organizational psychologist who has dedicated my career to understanding the factors…
Beloved actor Matthew Perry, known for his role as Chandler Bing on “Friends,” passed away at the age of 54, leaving behind a loyal fanbase and a substantial estate. A majority of Perry’s wealth came from his iconic role, with reports estimating an annual income of $20 million from syndication and streaming revenue. Warner Bros.,…
Amazon founder Jeff Bezos is leaving Seattle, the city where he started the company in his garage in 1994, and relocating to Miami. Bezos made the announcement in an Instagram post, sharing a video of his early office space in the garage of his rented home in Bellevue, Washington. This garage was where Bezos launched…
Foreign bond investors are expressing serious concerns about the growing deficits in the United States, according to Gennadiy Goldberg, an analyst at TD Securities. This comes as demand for US Treasury bonds appears to be waning. Goldberg warns that foreign buyers are driving worries about demand in the Treasury-bond market, and the increasing deficits pose…
FTX founder Sam Bankman-Fried has been found guilty of all seven criminal charges brought against him by a jury of twelve. The question of how long he will remain in prison will now be deliberated by Judge Lewis Kaplan over the next few months. Judge Kaplan is a no-nonsense veteran of the Southern District of…
Nepal’s Quake-Battered Western Region at Risk of Bigger Earthquake, Seismologist Warns Kathmandu, Nepal – Situated on the precarious Himalayan seismic zone, Nepal is known to be a highly earthquake-prone country. According to a report by the government’s post-disaster needs assessment (PDNA), Nepal ranks as the 11th most earthquake-prone country in the world. Recently, a powerful…
Warren Buffett’s conglomerate Berkshire Hathaway has broken its own records for cash accumulation, with its cash pile reaching an astonishing $157 billion last quarter. This surpasses its previous record of $149 billion, which was set in late 2021. In fact, Berkshire Hathaway’s cash reserves now exceed the market capitalization of Disney, which is valued at…
