The completion of the world’s tallest buildings is said to be one less conventional indicator of an economic downturn. Pictured here on April 3, 2022, is the Merdeka 118 tower in Malaysia, which was completed at the end of the 2021 and is said to be the world’s second tallest skyscraper.Sopa Images | Lightrocket |…Continue Reading
Electric Jeep Wrangler Magneto 2.0 concept vehicleJeepDETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs.The Jeep Wrangler Magneto 2.0 concept vehicle comes a year after the Stellantis brand unveiled the first version of the all-electric SUV. Concept vehicles are custom products…Continue Reading
Elon Musk speaks at the “Cyber Rodeo,” a grand opening event for Tesla’s new factory in Austin, Texas.On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas.At the event, he spoke about how massive the new factory…Continue Reading
At a bitcoin conference on Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency.”Enemy number one,” Thiel said to a booing Miami crowd, is “the sociopathic grandpa from Omaha.” Buffett’s Berkshire Hathaway is based in Omaha, Neb.Thiel, who by 2018 had reportedly…Continue Reading
There may be no escape from the bond market turmoil — even for stock investors.Market researcher Jim Bianco warns critical Federal Reserve policies to control wild inflation will inflict widespread losses on Wall Street.”Eventually, this is going to come back and hurt all financial assets,” the Bianco Research president told CNBC “Fast Money” on Thursday.Bianco…Continue Reading
Mumbai: Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation. This is the 11th time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained the status quo. RBI…Continue Reading
Colombo: Sri Lanka may run out of diesel by the end of this month with the USD 500 million line of credit extended by India for fuel purchase exhausting fast amidst the unprecedented shortage of foreign reserves. Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948. People have…Continue Reading
Hyderabad: The Telangana High Court took up a Deccan Chronicle report on the deplorable conditions of the two government-run schools for visually impaired children in the city as a suo motu writ petition and appointed senior counsel L. Ravichander as amicus curiae to assist the court as it dealt with the issue. A division bench…Continue Reading
HYDERABAD: TPCC president A. Revanth Reddy, CLP leader Mallu Bhatti Vikramarka and senior Congress leaders were placed under house arrest on Thursday to prevent them from protesting against the hike in power tariff and delay in paddy procurement. The TPCC had given a call for laying siege to Vidyut Soudha, the headquarters of the power generation and transmission corporations Genco and Transco, to lodge their…Continue Reading
Hyderabad: IT minister K.T.Rama Rao on Thursday said that the state government had never insulted Governor Tamilisai Soundararajan and that both the Telangana government and the TRS had immense respect for her and Raj Bhavan. “We have never insulted the Governor. We always gave respect due to her on all occasions, but she should also…Continue Reading
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