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Big Short investor Michael Burry has cast doubt on Tesla’s lofty valuation and warned that CEO Elon Musk’s newly approved $1 trillion compensation package could place even more strain on shareholder returns. In a weekend post on his Substack newsletter, Burry wrote that the electric-vehicle maker’s market value is “ridiculously overvalued” and has been “for…
India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…
NEW DELHI: The Indian economy is expected to grow at 7% or higher during the current financial year and top the $4 trillion-mark, chief economic adviser V Anantha Nageswaran said on Friday.The growth estimates are higher than the 6.3-6.8% projected in the Economic Survey tabled in Parliament ahead of the Budget.“The first half of the…
Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…
The Trump-associated memecoin has seen a huge 25% decline since August. (AI image) The recent crash in the cryptocurrency market has cost US President Donald Trump and his family several millions of dollars. During Donald Trump’s second presidential term, digital assets have significantly altered his family’s wealth and portfolio. But the perils and instability associated…
An image of the world’s most powerful tech titans standing in a dimly lit parking lot has become the internet’s favourite new obsession. The so-called “$1 trillion squad” photo featuring Elon Musk, Mark Zuckerberg, Sundar Pichai, Jensen Huang, Sam Altman, Tim Cook and Jeff Bezos has blown up across X, triggering a wave of memes,…
The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to the…
Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday, signalling a sharp retreat in risk appetite across global markets. The world’s biggest cryptocurrency, which touched a record high above $126,000 in October, has now surrendered all its gains for 2025 and is down nearly 30 per cent from its…
India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…
Tesla CEO Elon Musk has once again posted on social media platform X (formerly known as Twitter) to address the critics of his historic $1 trillion compensation package, calling out what he sees as a contradiction in their arguments. In a new post shared on X, Musk wrote, “What’s wild is that the same people…
