Berkshire Hathaway‘s Greg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing established under Warren Buffett will continue “into perpetuity.” “I am honored by our Board’s decision to appoint me CEO of Berkshire and humbled to succeed Warren as I write…
Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…
As tensions flare once again between Iran, Israel, and the U.S., social media, especially on crypto social media X (or Crypto Twitter), fears that Tehran could shut down the Strait of Hormuz, a vital oil chokepoint. Such a move, many worry, could send oil prices and global inflation soaring and roil financial markets, including bitcoin….
NEW DELHI: Delhi chief minister Rekha Gupta on Saturday said nutrition goes beyond food and plays a foundational role in nation-building.Speaking at the inauguration of a ‘Morning Nutrition Programme’ organised by NGO Akshaya Patra Foundation, she said the initiative will provide children with energy and nourishment at the start of the day.“The smiling faces of…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway reported a big decline in its operating earnings for the fourth quarter, due in large part to weakness in the conglomerate’s insurance business. Earnings from operations totaled $10.2 billion…
The Nifty IT index plunged 19.5% in February, marking its steepest monthly decline in 17 years, as mounting fears of artificial intelligence-led disruption triggered heavy selling across technology services stocks.The fall is the sharpest since September 2008, when the index had dropped nearly 21% during the global financial crisis. The index declined in 12 of…
MUMBAI: The Aircraft Accident Investigation Bureau (AAIB) on Saturday released its preliminary report into the fatal Learjet 45XR crash at Baramati on January 28, highlighting low visibility, lack of basic meteorological facilities and operational gaps at the uncontrolled airfield. All five persons on board were killed, among them was the then Maharashtra deputy chief minister…
Israel-US strikes on Iran hit air travel from India: The Ministry of Civil Aviation (MoCA) has assessed aviation readiness in response to the developing situation in the Middle East and its possible implications for international flight operations. The Civil Aviation Minister conducted a detailed review of preparedness and response arrangements in coordination with all relevant…
Bitcoin is looking to reclaim $64,000 on possible short squeeze after earlier falling to as low as $63,000 following U.S. and Israeli strikes on Iran. At the same time, perpetual futures funding rates dropped to -6%, according to CoinGlass, marking the second lowest level in the past three months. The last time funding was this…
Jaira Ramesh (ANI file photo) NEW DELHI: Congress leader Jairam Ramesh on Saturday criticised Prime Minister Narendra Modi’s recent visit to Israel after Israel and the United States launched a joint military strike on Iran.In a post on X, Ramesh said, “Two days after Mr. Modi celebrated his visit to Israel, Israel and the US…
