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Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks

Aggressive rate hikes and posturing by the Federal Reserve in an effort to bring down inflation, and the return of a bear market for U.S. equities have contributed to the most pessimistic sentiment among investors all year, according to our most recent survey of our daily newsletter readers. The survey, fielded from September 20-27, captured […]

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OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), while […]

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Education
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A difficult candidate test, broken job promises and refund dispute: Unacademy’s Relevel comes under fire

With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming months. At a time like this, Gaurav Munjal has been extremely bullish on Relevel In February this year, 28-year-old Shivam, a computer operator […]

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rising oil prices
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PM Wickremesinghe warns the crisis-stricken country that petrol supplies are running out

On Monday, Sri Lanka’s new prime minister said the country was down to its last day of petrol, while the country’s power minister warned citizens not to join the long fuel lines that have sparked weeks of anti-government rallies. In a speech to the nation on Thursday, Ranil Wickremesinghe, who was appointed Prime Minister on […]

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coal shortage in India
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Metal firms, desperate for coal, looking for fuel in other countries

A coal shortage in India has caused sponge iron makers to scour the globe for supplies to keep their mills going, adding to inflationary pressures as they rely on more expensive imports. According to Managing Director V.R. Sharma, Jindal Steel & Power Ltd., which is running its sponge iron facilities at 40% capacity due to […]

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Germany and India
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Germany and India have signed a $10.5 billion green development agreement

On Monday, Germany and India inked a series of bilateral agreements aimed at promoting sustainable development, with the South Asian country receiving 10 billion euros ($10.5 billion) in aid by 2030 to increase the use of clean energy. Prime Minister Narendra Modi inked the agreements during his visit to Berlin. Germany’s Chancellor Olaf Scholz is […]

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Sri Lankan President Gotabaya Rajapaksa
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Sri Lankan President Gotabaya Rajapaksa revokes state of emergency

Sri Lankan President Gotabaya Rajapaksa late Tuesday night revoked the state of emergency he had declared on April 1 with immediate effect in his island nation. In a gazette notification no 2274/10 issued on Tuesday night, the president said he has withdrawn the emergency rule ordinance which gave security forces sweeping powers to curb any […]

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Joe Biden to order studies on regulating issuing cryptocurrency
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Joe Biden to order studies on regulating, issuing cryptocurrency: Source

U.S. President Joe Biden is expected to sign a long-awaited executive order this week directing the Justice Department, Treasury, and other agencies to study the legal and economic ramifications of creating a U.S. central bank digital currency, a source familiar with the matter said on Monday. The White House last year said it was considering […]

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The Brihanmumbai Municipal Corporation (BMC) on Thursday said the COVID-19 patients with mild symptoms can stay in home
World News

COVAX Targets 70% COVID-19 Immunization Coverage By Mid-2022

Geneva, Switzerland:  Amid possible need for variant-specific vaccines, changes to vaccination policies, country preference for some products over others, the programmatic complexity of managing multiple products, and the need for better intelligence on country-level planning and execution, COVAX on Thursday set a target to achieve 70 per cent COVID-19 immunization coverage by mid-2022. The Independent […]

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Hong Kong Memorial To China's Tiananmen Square Victims Removed
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Hong Kong Memorial To China’s Tiananmen Square Victims Removed

Hong Kong’s oldest university launched an overnight operation Thursday to dismantle a statue commemorating those killed in Beijing’s Tiananmen Square in the latest blow to academic freedoms as China cracks down. The eight-metre (26-feet) high “Pillar of Shame” by Jens Galschiot has sat on the University of Hong Kong’s (HKU) campus since 1997, the year […]

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