The arrival of wedding season is expected to bring an uptick in various industries such as jewellery, apparel, hotels, and aviation. According to Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, investors are likely to look to economic data, including GDP numbers for the US, China, and India, for market cues in…
The prediction that 2023 will be the hottest year ever recorded has prompted the UN Secretary-General to declare the end of global warming and the beginning of global boiling. This urgency is especially pronounced in Africa, where drought in the Horn of Africa has led to widespread death and suffering. Even the most polluting nations…
A plasma cutter has been brought in from Hyderabad to extract parts of the auger machine stuck in the rubble inside the Silkyara tunnel, where 41 laborers have been trapped for the past two weeks. The removal of the machine is crucial to resume the rescue work, which involves manually pushing pipes through the debris…
Temasek Holdings Issues Warning about Scammers Impersonating the Company in China Singapore’s Temasek Holdings has issued a warning about scammers posing as representatives of the company’s office in Shenzhen, China. The scammers are allegedly trying to sell financial investment products or instruments to unsuspecting individuals. In a statement released on Wednesday, Temasek stated that the…
OBR Forecasts Paints Bleak Picture for UK Economy The Office for Budget Responsibility’s latest growth and inflation forecasts, released on Wednesday, present a much bleaker picture than previous projections from March. The revised forecasts show that inflation is expected to rise to 2.8% by the end of 2024, a significant increase from the previous prediction…
Israel and Gaza remain at the center of international attention as Tzachi Hanegbi, Israel’s National Security Council Director, announced that the release of hostages from Gaza will be postponed until Friday. The exchange will see 50 Hamas hostages exchanged for a number of Palestinian prisoners held in Israel. The delay in the release comes after…
The use of coal in electricity generation has been a long-standing debate, with environmental impact being a significant concern for critics. Many organizations, including the UN Secretary General and the International Energy Agency, are calling for the phasing out of coal due to its polluting nature. However, developing countries still view coal as essential for…
The Rise of Political Dating Red Flags Recent surveys reveal that identifying as a communist is a big dating turnoff for men. In fact, 64% of men expressed that this was a serious red flag. This comes as no surprise, considering that communism is a far-left ideology that advocates for communal ownership of wealth and…
Biden Expresses Gratitude to Qatar, Egypt, and Israeli Leaders for Release of Hostages U.S. President Joe Biden thanked Qatar, Egypt, and Israeli leaders for their role in facilitating the deal that resulted in the release of 24 hostages held by Hamas fighters. Biden expressed hope that the recent releases mark the beginning of greater progress….
Investors who are cautious and are sticking with cash may want to consider alternative options. According to Matthew Bartolini, the managing director and research head of SPDR Exchange Traded Funds, active management can provide stability and income, as well as create more opportunities for upside. Bartolini shared these insights with CNBC’s “ETF Edge” this week,…
