After nearly a year of time correction and muted returns, Kotak Mutual Fund’s Atul Bhole believes the stock market’s risk-reward has finally turned favourable. With macro stability, government reforms and GST-driven demand revival, he says investors can start deploying cash and raise equity exposure ahead of a potential earnings upcycle. Edited excerpts from a chat: … Read more
The federal government on Jan. 13 proposed a global policy to limit the distribution of powerful, U.S.-made GPUs, an effort to promote U.S. dominance over China in the AI chip industry. “To enhance U.S. national security and economic strength, it is essential that we do not offshore this critical technology and that the world’s AI … Read more
As the US government faces a potential shutdown on October 1, many essential services are at risk of disruption. Federal employees, particularly those not deemed essential, may be told not to work, and their paychecks could be delayed. However, certain services and workers would continue to operate, even under a shutdown. Why the US Government … Read more
The US has ordered all non-emergency consular staff to leave Shanghai, which is under a tight lockdown to contain a COVID-19 surge.The State Department said the order is an upgrade from the “authorized” departure issued last week that made the decision voluntary. The order covers “non-emergency US government employees and their family members from US … Read more
About 15 American missionaries and family members were kidnapped on Saturday by a gang outside the Haitian capital, a local security source said. The group of between 15 and 17 people, including children, were being held by an armed gang which for months has been engaged in theft and kidnappings in the area between Port-au-Prince … Read more
As the 20th anniversary of the September 11, 2001, terrorist attacks approaches, Americans increasingly balk at intrusive government surveillance in the name of national security, and only about a third believe that the wars in Afghanistan and Iraq were worth fighting, according to a new poll. More Americans also regard the threat from domestic extremism … Read more
Asteroids are rocky remnants left over from the early formation of our solar system about 4.6 billion years ago. By Dr Ajey Lele On 30 June 30, 1908, an explosion tore through the air above a distant forest in Siberia, near the Podkamennaya Tunguska River. It is believed that the fireball was around 50-100m wide … Read more
Apart from restrictive COVID-19 protocols, the rating highlights terrorism, crimes against women and insurgency among other reasons for the advisory, the statement said. The Federation of Associations in Indian Tourism and Hospitality (FAITH) has urged the government to address the negative travel advisory for India issued by the US government. The US currently issued a … Read more