In the early months of 2025, U.S. consumer spending on air travel, hotels, and restaurants saw a notable decline, signaling a shift in spending habits amid economic uncertainty. According to data from Bloomberg Second Measure, U.S. consumer spending on air travel dropped by 10% in February 2025, while spending on hotels decreased by 6%, compared to the same time last year. In addition, restaurant spending saw a 3.5% decrease, further highlighting

The "Boycott USA" movement is gaining momentum globally in response to Donald Trump's tariffs imposed on Canada, Mexico, and China, which have ignited trade wars and fueled resentment towards American goods. The backlash, which has been rapidly spreading across social media platforms, reflects growing dissatisfaction with Trump's economic policies and international relations. In the past week alone, Google searches for “Boycott USA” have surged, with European cou

The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month.   Impact on Major Tech Stocks The recent sell-off disproportionately

Tesla’s stock has been on a steady decline for seven consecutive weeks, raising concerns about the company’s future amid growing competition and CEO Elon Musk’s increasing political involvement. Since the beginning of 2024, Tesla’s stock has faced ongoing struggles, with a steady drop in value for seven straight weeks. This comes as CEO Elon Musk has taken on a more prominent political role in Washington, leading some investors to wo

Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

In response to growing concerns over liquor shops charging more than the Maximum Retail Price (MRP) for bottled liquor, the Andhra Pradesh government has introduced strict corrective measures. A new Government Order (G.O.) has been released, which imposes a fine of Rs 5 lakh for the first offense if liquor stores are found violating MRP regulations. The government aims to ensure that consumers are not charged unfair prices and that liquor sales are conducted with transparency. The n

Ola, the ride-hailing giant, has seen its valuation slashed by 72%, falling to around $2 billion from its peak of $7.3 billion in late 2021, according to Vanguard’s recent regulatory filings. The US-based asset manager now values its shares in ANI Technologies, Ola’s parent company, at $14.3 million, a steep drop from its initial $51 million investment. This markdown is an internal adjustment by Vanguard, reflecting Ola’s recent challenges, including high-level departures an

Telangana has a vibrant culture that sees liquor sales soar during the Dasara season, and this year has been no exception—setting an unprecedented record. From October 1st to 11th, a staggering 10.4 lakh cases of liquor and 17.5 lakh cases of beer were sold, accumulating sales worth ₹1,057.42 crore. By October 10th, the figures had already reached 836,000 cases of li

As the vibrant Onam celebrations unfold in Kerala, the state-run Kerala State Beverages Corporation (BEVCO) has reported a staggering ₹818.21 crore in liquor sales over the festival's 12-day period. This figure surpasses last year's sales of ₹809.25 crore, underscoring the central role that spirits play in marking one of the state's most cherished festivals. The peak sales day, Uthradam—preceding Thiruvonam—saw remarkable activity at BEVCO outlets, partic