Saudi Arabia is considering flooding the oil market with increased supply, which could be enough to lower prices, a prominent expert suggested. OPEC+ concluded its most recent meeting without making firm commitments on production cuts, causing oil prices to fall. Meanwhile, Saudi Arabia is reportedly contemplating reversing its production curbs as it attempts to regain…
Amazon and SpaceX have reached a deal to launch satellites supporting Amazon’s Project Kuiper. The deal involves using SpaceX’s reusable Falcon 9 rockets for three planned launches in early to mid-2025. Though financial terms have not been disclosed, the launches will help Amazon increase its capacity to deploy low Earth orbit satellites beginning in the…
Astrology and Engineering: The Winning Combination for Entrepreneurs A recent report by Hurun and IDFC First has revealed that a significant number of India’s top self-made entrepreneurs share some common traits: they are engineers with IIT degrees and are born under the Virgo star sign. The report also indicates that 225 of the 405 founders…
Bill Gates, the billionaire philanthropist, expressed his concerns about the world overshooting a critical temperature threshold that could result in dangerous and potentially irreversible impacts. He made these comments during the COP28 climate conference in the United Arab Emirates. Gates, known for his optimism, acknowledged that the world may not be able to prevent 2…
India’s GST revenue hits 8-month high of Rs 1,67,929 crore in November The country’s gross GST revenue jumped by 15% to reach an 8-month high of Rs 1,67,929 crore in November, as reported by the Finance Ministry on Friday. During the month, domestic transaction revenues (including import of services) were 20% higher than the revenues…
India’s Rinku Singh credits his calm approach during pressure situations in the ongoing T20I series against Australia to playing in the Indian Premier League, while also attributing his ability to play big shots with ease to weight training. In the latest match, Rinku scored a blazing 29-ball 46, while his teammate Jitesh Sharma, playing in…
Meta is expanding and updating its child safety features in response to allegations of the proliferation of sexual abuse content about children on its platform. The company has stated that it is developing technology to tackle abuse, hiring specialists dedicated to online child safety, and sharing information with law enforcement and industry peers. “In addition…
Heavy Smog Causes 18 Flights to be Diverted from Delhi Airport On Saturday morning, as many as 18 flights at the Delhi airport were diverted due to bad weather, according to an official. The official stated that the flights were redirected to Jaipur, Lucknow, Ahmedabad, and Amritsar. The airport also posted on a microblogging platform…
Pfizer announced on Friday that it will stop pursuing the twice-daily version of its experimental weight loss pill after obese patients in a mid-stage clinical study reported significant weight loss but had difficulty tolerating the drug due to high rates of mild and gastrointestinal side effects. The pharmaceutical giant’s decision comes after it observed that…
Federal Reserve Chairman Jerome Powell is set to deliver a speech at Spelman College in Atlanta today, with a fireside chat to follow. The event is scheduled to begin at 11 a.m. ET. Powell’s remarks are of particular interest to the market, as there is speculation about whether the Fed will cut rates in the…
