business

Burry also attacked the $17.2 million spent on Karp’s aircraft in 2025, dubbing it the “$17.2 million mile-high club.” Burry flagged receivables rising to $1.49 billion, with one customer accounting for 27% despite contributing less than 10% of revenue. He argued that Palantir’s deferred-revenue pattern and 32% deferred revenue-to-revenue ratio resemble consulting firm Accenture more … Read more

Former Bigg Boss 13 contestants Asim Riaz and Vishal Aditya Singh are in a social media war. Asim taunted Vishal about the ‘frying pan’ incident with Madhurima Tuli. Vishal retaliated, mocking Asim’s career and mental state in a series of posts. It seems like controversy is not leaving Asim Riaz anytime soon. The former ‘Bigg … Read more

Russian Ambassador Denis Alipov reaffirmed Moscow’s commitment to India’s energy needs, condemning Western sanctions on Russian oil as ‘pressure tactics’ and praising New Delhi’s independent foreign policy in defending its national interests. In a strong reaffirmation of bilateral energy ties, Russian Ambassador to India Denis Alipov stated that Moscow remains committed to fulfilling New Delhi’s … Read more

Belgian PM Bart De Wever, during his India visit, criticized ‘arbitrary’ trade policies in a veiled reference to Donald Trump. He called for open markets, praised PM Modi, and discussed strengthening ties via the new India-EU trade deal. De Wever Takes Swipe at ‘Arbitrary’ Trade Policies Belgian Prime Minister Bart De Wever took an apparent … Read more

Russian Ambassador Denis Alipov criticised Western sanctions on its oil exports, calling them ‘pressure tactics’. He lauded India’s firm stance in protecting its national interests and confirmed Russia’s readiness to meet all of India’s oil needs. Russian Ambassador to India Denis Alipov on Friday criticised Western sanctions and possible secondary tariffs targeting countries that continue … Read more

NIO, Ultragenyx Pharmaceutical and McDonald’s slipped to annual lows on Thursday amid company-related pressures and Wall Street pessimism around the stocks. NIO stock closed down 0.3% on Thursday after it posted Q2 results, with earnings falling short of expectations and the third-quarter outlook softer than expected.  RARE stock plunged 44% at close after its Phase … Read more

The US approved a possible $5 billion military sale to Saudi Arabia, including JDAM-ER systems and bombs, to bolster its defense. The deal aims to counter regional threats and improve interoperability with US forces. The United States on Friday (local time) approved a possible Foreign Military Sale to Saudi Arabia involving Joint Direct Attack Munition-Extended … Read more

Following floods in Nepal, rising river levels in Bihar have forced 300 students in Katihar to commute to their flooded school by boat. Teachers and parents describe the ordeal as terrifying and are demanding a bridge for safe passage. As water levels rise across the Ganga, Kosi and Barandi rivers in Bihar following flooding in … Read more

HDFC Bank forecasts India’s BoP surplus at $60-65 bn in FY27, despite a widening CAD. This is attributed to strong inflows from RBI’s special deposit schemes, which are expected to more than offset weak capital flows and a higher trade deficit. India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 … Read more

Seven surrendered insurgent groups have started a 72-hour blockade of the Assam-Agartala National Highway in Tripura, demanding the implementation of a tripartite peace accord and fulfillment of their 11-point charter of demands. Seven surrendered insurgent groups on Friday started a 72-hour blockade of the Assam-Agartala National Highway, pressing for the fulfilment of their 11 demands. … Read more