The U.S. power grid added more capacity from solar energy in 2024 than from any other source in a single year in more than two decades, according to a new industry report released on Tuesday. The data was released a day after the new U.S. energy secretary, Chris Wright, strongly criticized solar and wind energy…
(Editor’s note: This article is part of the Bracket Central series, an inside look at the run-up to the men’s & women’s NCAA Tournaments, along with analysis and picks during the tournaments.) Drake’s in, so we can dispense with the arguments about whether Ben McCollum’s Bulldogs would have made the field of 68 without winning the Missouri Valley…
Indian stock markets are gradually showing signs of recovery, buoyed by a combination of favourable macroeconomic factors: a weakening US dollar and falling crude oil prices.Out of 13 major sectoral indices, 12 closed in the green. The Nifty 50 ended the session with a 0.93% gain, closing at 22,544 points, while the Sensex finished at…
The US’s sweeping tariff hikes on China, Mexico, and Canada could open the floodgates for Indian exporters, creating a golden opportunity to expand their footprint in the American market. Experts say key sectors—including agriculture, engineering, textiles, chemicals, and leather—are poised to reap the benefits. During Trump’s first term, India emerged as the fourth-largest winner from…
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The…
OpenAI’s board of directors on Friday rejected a $97.4 billion bid by Elon Musk and a consortium of investors to gain control of the artificial intelligence company, deepening a feud between Mr. Musk and OpenAI’s chief executive, Sam Altman. In a statement, Bret Taylor, the chairman of the OpenAI board, said, “OpenAI is not for…
LITTLE ROCK: Arkansas’ Republican Gov. Sarah Huckabee Sanders and California’s Democratic Gov. Gavin Newsom have little in common ideologically, but the two have both been vocal supporters of an idea that’s been rapidly gaining bipartisan ground in the states: Students’ cellphones need to be banned during the school day. At least eight states have enacted…
Consumer stocks took a beating during last quarter’s selloff in Indian equities, reflecting signs of stress in urban demand. A flurry of third-quarter business updates will keep traders busy on Monday as they look for signs of a rebound in growth after depressing second quarter earnings. Bulls will be eyeing a comeback, as Nifty futures…
ROSEVILLE, Minn: Republicans will start the year with at least a temporary majority in the Minnesota House after a Democrat decided not to appeal a judge’s decision that he failed to establish residency in the suburban district he was elected to represent. That means Republicans will have a slim 67-66 majority in the House when…
MUMBAI: A relatively weak rupee, in the short term, benefits India’s trade balance, a report published by RBI said. However, in the long run, a stronger rupee is more beneficial to trade balance. Trade balance is the difference between exports and imports of goods and services.The report, published in RBI’s Nov bulletin, carries data on…