Veteran banker Uday Kotak reacted to SpaceX’s blockbuster Wall Street debut, saying that the company’s massive valuation does not fit traditional ways of valuing businesses.In a post on X, Kotak wrote, “SpaceX IPO, listing, and beyond, is a true test for capitalism. The valuation does not fit any traditional matrix and is a huge bet…
Pakistan vs South Africa (AP Photo/K.M. Chaudary) Pakistan reached 313/5 on day one of the first Test against South Africa in Lahore, powered by Imam-ul-Haq’s 93 and crucial unbeaten half-centuries from Mohammad Rizwan and Salman Agha at the Gaddafi Stadium on Sunday.Rizwan remained not out on 62 while Agha scored an unbeaten 52, forming a…
What if children picked up a ringing phone instead of a smartphone after school? This might sound strange, given the 21st centuary, the era of digital and smart devices. However, it is becoming a reality in some homes and schools, as a landline-style device called the Tin Can gains popularity among families trying to cut…
Oil prices surged to $120 a barrel before retreating to $102 Monday as Saudi Arabia was reported to be cutting output, adding to the supply squeeze due to disruption in the Strait of Hormuz.Finance ministers of developed G7 nations, who met Monday evening, deferred plans to tap their strategic reserves to cool down the global…
TRIGGER WARNING: This article contains mentions of death. Reader’s discretion is advised.Jake Hall, best known for his feature in the hit reality TV show, ‘The Only Way Is Essex’, passed away at the age of 35. Following the news of his passing, fans and netizens alike looked back at his final social media post, where…
Kerala CM Pinarayi Vijayan (ANI image) NEW DELHI: Kerala chief minister Pinarayi Vijayan on Monday assured strict action and justice for the family of Ram Narayan Bakel, who was killed in a mob assault in Walayar in Palakkad district, calling the incident unacceptable in a progressive society like Kerala.In a statement issued by the CMO,…
New Delhi: For many people, ageing brings small lapses in memory. A forgotten name, a misplaced key. For others, memory loss becomes something more serious. Yet, some in their 80s remain as sharp as they were decades earlier.A paper published in the journal, ‘Nature’, suggests one reason for this may lie deep inside the brain’s…
Gold prices surged to fresh lifetime highs on Tuesday, extending their rally as investors sought the safety of precious metals amid heightened geopolitical uncertainty and growing bets on interest rate cuts by the US Federal Reserve next year. The renewed buying momentum pushed both metals to record levels across domestic and global markets. On the…
The United States has emerged as India’s largest LPG supplier so far this month. (AI image) In wake of the Middle East conflict, India’s Liquified Petroleum Gas (LPG) imports have dropped sharply this month, falling to nearly half of February levels and extending the decline seen in March, according to shipping data. At the same…
