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Home > Articles
Bank for International Settlements Urges Vigilance as Inflation Persists and Banking Sector Vulnerabilities Increase-thumnail

Bank for International Settlements Urges Vigilance as Inflation Persists and Banking Sector Vulnerabilities Increase

The Bank for International Settlements (BIS), the global central bank umbrella body, has issued a call for further interest rate hikes to address the persistent inflationary pressures affecting the world economy. In its annual report, the BIS warns that the global economy has reached a critical point, with countries struggling to rein in inflation and facing widespread financial vulnerabilities.

Finance

Jun 26, 2023

The in-car voice assistant for the MG Comet EV is powered by a partnership between MG Motor and Jio Platforms-thumnail

The in-car voice assistant for the MG Comet EV is powered by a partnership between MG Motor and Jio Platforms

To enable the connected vehicle capabilities in the recently released MG Comet EV, MG Motor India has teamed with Jio Platforms. Jio’s Digital Assets will be used by MG Comet

Automotive

Jun 26, 2023

This fiscal year, the Indian handicrafts sector is predicted to see a 6-8% drop-thumnail

This fiscal year, the Indian handicrafts sector is predicted to see a 6-8% drop

According to CRISIL Ratings on Monday, the heavily export-focused Indian handicraft sector would see a 6–8% decrease to $3.3 billion this fiscal year, after a 20% loss the previous year,

Industry

Jun 26, 2023

India might experience a 10-15% increase in oilseed exports this fiscal year-thumnail

India might experience a 10-15% increase in oilseed exports this fiscal year

According to exporters, Nigeria’s oilseed exports are anticipated to increase by 10–15% during this fiscal year as dealers are receiving solid orders from markets including Southeast Asia, Latin America, and

News

Jun 26, 2023

Lucid Group and Aston Martin to form an electric vehicle partnership-thumnail

Lucid Group and Aston Martin to form an electric vehicle partnership

Aston Martin would issue around 28.4 million additional ordinary shares and pay Lucid about $232 million in staged cash payments under the proposed deal, making Lucid a 3.7% shareholder in the automaker.

Business

Jun 26, 2023

According to a senior executive, LinkedIn plans to employ generative AI more often to create and publish content-thumnail

According to a senior executive, LinkedIn plans to employ generative AI more often to create and publish content

LinkedIn is using generative AI more and more on its platform. A firm spokesman claims that users will soon be able to use AI to quickly write pieces that they

News

Jun 26, 2023

Despite Layoffs, IT  Professionals Are Decreasing Their Compensation Expectations In Favour Of A Better Work-Life Balance-thumnail

Despite Layoffs, IT  Professionals Are Decreasing Their Compensation Expectations In Favour Of A Better Work-Life Balance

With regard to compensation and work-life balance, tech workers are displaying a change in patterns. Hundreds of thousands of workers lost their employment as a result of mass layoffs at internet corporations.

Business

Jun 26, 2023

The Dominance of Fossil Fuels Persists as Global Energy Demand Rises in 2022: Statistical Review of World Energy-thumnail

The Dominance of Fossil Fuels Persists as Global Energy Demand Rises in 2022: Statistical Review of World Energy

The recently published Statistical Review of World Energy report, jointly authored by the Energy Institute, KPMG, and Kearny, highlights the energy landscape in 2022. Despite record growth in renewable energy capacity, fossil fuels maintained their dominant position, accounting for 82% of the global energy supply. This article provides an overview of key findings from the report, emphasizing energy consumption, the state of oil, natural gas, coal, renewables, and greenhouse gas emissions.

News

Jun 26, 2023

As Tokyo cranks up chip action, a Japanese fund is eyeing a JSR purchase-thumnail

As Tokyo cranks up chip action, a Japanese fund is eyeing a JSR purchase

JSR Corp’s board of directors will meet on Monday to discuss a potential multibillion-dollar purchase by a government-backed fund, signaling further state participation in efforts to revitalize Japan’s semiconductor industry.

Business

Jun 26, 2023

Epsilon Advanced Materials to invest $650 million in US-based electric battery unit-thumnail

Epsilon Advanced Materials to invest $650 million in US-based electric battery unit

Epsilon Advanced Materials (EAM) has made a staggering announcement, revealing its plans to invest a mind-boggling $650 million in the establishment of an exceptional electric vehicle battery components facility within the United States. This visionary company aims to construct a state-of-the-art synthetic graphite anode manufacturing facility, boasting an impressive production capacity of 50,000 tons per annum (TPA). The primary goal of this facility will be to supply high-capacity anode materials, all of which will be produced using innovative green technologies.

Investment & Funding

Jun 26, 2023

Rohit Jawa to take over CEO & MD Hindustan Unilever tomorrow-thumnail

Rohit Jawa to take over CEO & MD Hindustan Unilever tomorrow

Jawa’s leadership as chairman of Unilever Philippines propelled the business into the illustrious realm of being one of the top 10 markets for the multinational corporation. Similarly, during his tenure

News

Jun 26, 2023

Amitabh Bachchan ventures into AI; partner with Ikonz Studio-thumnail

Amitabh Bachchan ventures into AI; partner with Ikonz Studio

Ikonz enjoys the backing of Village Global, a distinguished venture capital firm bolstered by the visionary support of luminaries such as Mark Zuckerberg, Bill Gates, Jeff Bezos, and Mike Bloomberg.

News

Jun 26, 2023


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