Elon Musk owned Tesla is feeling the heat as his political opinion has been casting a shadow over the company’s sales since the last three months. Over the period, the sales of Tesla electric cars have fallen 13%, with predictions that the EV giant could also disappoint with its earnings.Between April and June, Tesla sold…
Best-selling author Robert Kiyosaki has once again stirred the investment world, this time with a forecast that silver prices are set to “explode in July.” Taking to social media platform X, the Rich Dad Poor Dad author called silver the “best asymmetric buy” currently available, highlighting its high reward-to-risk ratio.“Silver is the best ‘asymmetric buy’…
Traditional Kolhapuri sandals are seeing a surge in sales and renewed interest after luxury fashion house Prada sparked controversy for showcasing a strikingly similar design without acknowledging its roots.Footwear sellers and artisans are riding a wave of nationalist sentiment and social media buzz, turning what some called the Prada “sandal scandal” into a sales opportunity….
The RBI has announced that interest rates for its floating rate savings bonds for July to December 2025 will remain unchanged at 8.5%. The interest rate is the same as before, from the period of January to June 2025. In a statement dated July 1, 2025, the RBI said, “Accordingly, the coupon rate on FRSB…
Certain aspects of Donald Trump’s financial portfolio, particularly his investments in stocks and cryptocurrency, are publicly accessible. (AI image) What is US PresidentDonald Trump’s net worth? Trump has often called himself a billionaire – but the actual net worth is not easy to assess. The exact value of Trump’s assets remains unclear, primarily because his…
US employers could be facing a $82.3 billion bill thanks to US President Donald Trump’s sweeping tariff regime, a new report has revealed. This could be a deep financial toll on American businesses, potentially triggering price hikes, layoffs, hiring freezes or lower profit margins.The report, Exposure to tariffs for midsize firms by metro area, published…
Kuwait began enforcing a new electronic exit permit system for expatriate workers in the private sector, in a move that marks a major shift in the country’s labour and travel policies.From July 1, 2025, all foreign employees under Article 18 of the Foreigners’ Residence Law must obtain prior approval from their employer to travel abroad….
Sovereign Bold Bond (SGB) redemption: Bought sovereign gold bonds in 2017 or 2018? You are in for good news as the RBI announced the redemption prices for the SGBs, offering a return of over 200%.The Reserve Bank of India (RBI) announced the redemption price for two sovereign gold bond tranches due for premature redemption on…
Oracle Corp’s stock soared 4% on Monday to a record $218.63 after a regulatory filing revealed a major cloud computing agreement that could add more than $30 billion in annual revenue beginning fiscal 2028. The deal, which was disclosed ahead of a company-wide meeting, marks a significant milestone in Oracle’s pivot to AI infrastructure and…
As the globe’s third-largest oil importer and consumer, India brings in over 80% of its oil requirements from abroad. (AI image) India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of the organisation responsible for strategic reserves.Currently,…
