California’s Billionaire Tax Battle
Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets. Source link
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Foreign portfolio investors sales up to March 13 touches $5.9bn
Mumbai: Net FPI selling on Indian exchanges reached around Rs 54,455 crore ($5.9 bn) by 13 Mar 2026 as global risk sentiment turned negative after a brief recovery in foreign flows earlier in the year.The earlier improvement in flows followed the India–US tariff deal, which reduced tariffs on Indian exports to the US and improved…
How Jeff Bezos Upended The Washington Post
The billionaire newspaper owner, dissatisfied by years of losses, wants the newsroom to double productivity with half its budget. Source link
Why is gold prices falling despite US-Iran war tensions and oil above $100? Here’s what experts say
Gold prices have slipped in recent sessions even as geopolitical tensions escalated in West Asia, surprising investors who typically view the precious metal as a safe-haven during periods of uncertainty.It has been 14 days of intense military exchanges involving the United States, Israel and Iran. Over this period, benchmark indices Nifty and Sensex have declined…
‘Surviving loan by loan’: Pakistan’s wallet could take another hit from soaring oil prices
As the Middle East war continues to escalate, tensions are mounting for the South Asian nation of Pakistan. The country is facing an economic crisis as Iran has disrupted fuel shipments through the Strait of Hormuz, its main oil supply route. Pakistan relies on Saudi Arabia and the United Arab Emirates for over 85% of…
What is DME? Scientists look to scale up output to offset LPG supply blow
As the Middle East conflict continues to spill across global oil markets, India is looking to expand the production of dimethyl ether (DME), an alternative that could help deal with ongoing LPG disruptions. A government-run research institute is examining ways to boost the output of the fuel, which scientists say could help address supply challenges…
Middle East conflict: India grants one-month visa extension to stranded foreigners
Middle East crisis (AP photo) NEW DELHI: India has announced an extension of visas and a waiver of overstay penalties for foreign nationals stranded in the country due to the ongoing conflict in the Middle East region.The Indian Consulate in Dubai said in a notification that all visas and e-visas that are expiring or due…
Wall Street Bankers Offered Lucrative Access to Join the Pentagon
A presentation from a headhunting firm aimed to recruit Wall Street investors to the Pentagon by offering “unmatched access” to government officials and fund-raising opportunities among foreign sovereigns. Source link
Summer travel to get costlier: Jet fuel prices jump amid Middle East conflict
Air travellers, brace yourselves for costlier tickets! You might soon be charged higher amounts for flight fares as the Middle East crisis continues to push fuel prices higher. The conflict has disrupted global oil supplies, and with the summer travel season just around the corner, industry experts say fare hikes are becoming inevitable. However, when…
China’s Edge in an Oil Shock: Electric Cars and Renewables
Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off. Source link