Latest News, Updates & Breaking Headlines
MUMBAI: A decision by the Bloomberg Index Services to defer inclusion of Indian govt securities in its global bond index led to a spike in gilt yields, affecting investor sentiment on Dalal Street that pulled down stock prices and also the rupee in early trades Tuesday. At close, however, bonds, sensex and the rupee recovered…
Mark Zuckerberg, CEO of Meta Platforms Inc., has seen a significant reduction in his wealth, causing him to drop two places on the Bloomberg Billionaires Index. According to Bloomberg, the fall is linked to Meta’s ambitious spending plans on artificial intelligence (AI), which have unsettled investors and triggered a sharp decline in the company’s stock….
