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Indian
8 killed in Jabalpur hospital fire
Madhya Pradesh Chief Minister Shivraj Singh Chouhan expressed grief...
Arsenic found in ground water in parts of 209 districts, uranium in parts of 152 districts: Govt
In a written reply to a question in the Rajya Sabha, Minister of...
‘Heat wave also pushed food inflation”: Crisil
''The heat wave was the key domestic factor responsible for pushing...
No question of India getting into stagflation or recession: Sitharaman
"Repeatedly in the assessment of global agencies, India remains the...
International
Job losses from virus four times as bad as 2009 global financial crisis: UN
Covid-19: Unemployed supertankers are about to get junked on Asia’s beaches
While the vessel glut has really been in place since when Covid-19 caused oil demand to collapse early last year, it has until recently been masked by a huge chunk of the fleet storing crude that was previously surplus to requirements
The scrapping may not be enough to save the market in the coming months. The amount of oil being shipped at sea remains far below normal levels as OPEC and its allies continue to withhold huge volumes of production and vessels that were used as storage during the oil market’s mammoth 2020 glut are now coming back onto the market and looking for business.
Airlifted COVID vaccines to 9 countries, will gradually supply to WHO’s COVAX facility: India at UN
“We have already airlifted more than 6 million doses to nine countries in Phase-I as grant assistance. Contractual supplies to various countries are also being undertaken in a phased manner. We will also gradually supply to the COVAX facility of the WHO,” Naidu said, adding that India has also provided training to several partner countries to strengthen their clinical capabilities, as well as to enhance their capacities for vaccine administration.
“As the largest vaccine-producing country of the world, we are fulfilling our commitment to make our vaccine production and delivery capacity available for the benefit of the entire humanity,” Naidu said.
Crypto industry has ‘wind in its sails’, 8 companies eye public offerings
The IPO market has been red-hot since last fall as companies rushed to take advantage of the 70% surge in stocks since the March lows. Public debuts and blank-check companies have grown so popular that record after record fell. And first-day pops in share prices, a barometer of investor appetite for newly public firms, are among the biggest in decades.
It has all become too much to ignore for the crypto industry.
The IPO mania alone is enough to stoke bubble worries, but adding crypto to the mix after its record run is fueling concern that investors are setting themselves up for an especially painful comeuppance.
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