High-rise buildings under construction in Mumbai (Punit PARANJPE) · Punit PARANJPE/AFP/AFP For years India's economy was driven by its vast services sector that saw millions of people working away in low-cost back offices providing consultancy for predominantly western companies. But over the past decade they have given way to centres that allow firms to tap top-tier talent and technology, where w...
High-rise buildings under construction in Mumbai (Punit PARANJPE) · Punit PARANJPE/AFP/AFP For years India's economy was driven by its vast services sector that saw millions of people working away in low-cost back offices providing consultancy for predominantly western companies. But over the past decade they have given way to centres that allow firms to tap top-tier talent and technology, where white-collar staff perform tasks ranging from IT and data analytics to innovation and design. Today, these centres are the shiniest parts of India's red-hot economy but not everyone has been able to enjoy the boom times as opportunities remain uneven. Amazon's biggest office in the world is now located in southern India, and top financiers like JPMorgan have roughly 20 percent of their workforce scattered across Indian cities. The government says the country is now home to about one-fifth of the world's chip design engineers, helped by hiring from firms like Qualcomm and MediaTek. This has boosted services sector growth and helped make India the fastest-growing major economy -- a title it has firmly held onto since 2021. Alouk Kumar, the head of an Indian consultancy that helps global giants set up offshore business centres, says his phone hasn't stopped buzzing in recent weeks. "Demand and interest have been crazy... the number of calls I have got from European firms has soared," he said. "The way it is increasing, the next 10 years will belong to India." The surge in growth saw Prime Minister Narendra Modi's government declare in December that India had overtaken Japan as the world's fourth-largest economy. But figures last month indicate the announcement was premature, with the crossover unlikely to happen for at least another year. Still, economists say the eventual switch will represent a landmark achievement -- less than three decades ago, Japan was the second-largest economy in the world, and India was still struggling to dismantle its quasi-socialist economic system....
Zelenskyy cites Ukraine expertise with ‘Shahed’ drones; deaths and casualties rise from Russian attack on Kharkiv. What we know on day 1,474 Ukrainian president Volodymyr Zelenskyy said on Saturday he had spoken to Saudi Crown Prince Mohammed bin Salman about the situation in Iran and the Middle East and restated Kyiv’s offer to help deal with Iranian drones. “Ukraine has been fighting against (Ir...
Zelenskyy cites Ukraine expertise with ‘Shahed’ drones; deaths and casualties rise from Russian attack on Kharkiv. What we know on day 1,474 Ukrainian president Volodymyr Zelenskyy said on Saturday he had spoken to Saudi Crown Prince Mohammed bin Salman about the situation in Iran and the Middle East and restated Kyiv’s offer to help deal with Iranian drones. “Ukraine has been fighting against (Iranian-designed) ‘Shaheds’ for years, and everyone acknowledges that no other country in the world has such experience,” Zelenskyy said on Telegram of his conversation. “We are ready to help and expect that our people will also receive the necessary support.” Ukrainian manufacturers of cheap interceptor drones designed to knock out enemy unmanned aerial vehicles say they have the capacity to export in large volumes, amid inquiries from the US and Middle East prompted by the Iran war. Hundreds of drones based on Iran’s Shahed model and now made in Russia fill Ukraine’s skies during frequent attacks, and many are downed by air defences including western missiles, fighter jets, truck-mounted guns and interceptor drones. Reported deaths and casualties from a Russian missile strike on a five-storey residential building in Ukraine’s second-largest city of Kharkiv have risen to at least 10 people, including two children, and 16 others wounded, officials said. Zelenskyy condemned Saturday’s attack and called for an international response. He said Russia struck Ukraine overnight with 29 missiles and 480 drones, targeting energy facilities in Kyiv and other central regions, with damage reported in at least seven other locations. Police in Sweden have seized a false-flagged cargo ship off its southern coast believed to belong to Russia’s shadow fleet and suspected of transporting stolen Ukrainian grain, authorities said Saturday. The 96-metre (315-foot) Caffa left Casablanca in Morocco on 24 February and was headed for St Petersburg when armed Swedish police boarded it on Friday off th...
China Sidesteps Solar Targets In New Five-Year Plan China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg . Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhe...
China Sidesteps Solar Targets In New Five-Year Plan China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg . Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial parks. The shift follows a record surge in solar development. China’s solar power generation surpassed wind for the first time last year, driven by a flood of inexpensive panels that helped make solar one of the country’s most competitive energy sources. Yet the rapid expansion is beginning to strain the power system. As solar’s share of the electricity mix rises, grid pressure has increased, leading to more curtailment and weaker returns for developers. Bloomberg writes that China now faces a different set of challenges for both its power network and industrial economy. “As renewables reach higher shares in the power mix, the focus naturally shifts toward system integration,” said Muyi Yang, a senior energy analyst at Ember. That means more attention on grid expansion, system flexibility, energy storage and other ways to balance intermittent power, including pumped hydro. Expanding clean power across industry also demands deeper structural changes, since existing systems were largely built around fossil fuels. “That’s where you start to see more explicit policy attention and new initiatives emerging like the zero-carbon industrial park initiative,” Yang said. Meanwhile, market conditions in the solar supply chain remain weak. According to the China Silicon Industry Association, polysilicon prices in China dropped...
Lebanon’s health ministry on Sunday said an Israeli strike on a hotel in central Beirut killed at least four people, with Israel saying it had targeted commanders from Iran’s Revolutionary Guards. Lebanon was drawn into the Middle East war on Monday, when Iran-backed militant group Hezbollah attacked Israel in response to the killing of Iranian supreme leader Ayatollah Ali Khamenei during US-Israe...
Lebanon’s health ministry on Sunday said an Israeli strike on a hotel in central Beirut killed at least four people, with Israel saying it had targeted commanders from Iran’s Revolutionary Guards. Lebanon was drawn into the Middle East war on Monday, when Iran-backed militant group Hezbollah attacked Israel in response to the killing of Iranian supreme leader Ayatollah Ali Khamenei during US-Israeli strikes. Israel, which has kept up strikes targeting Hezbollah despite a 2024 ceasefire, launched multiple waves of strikes this week across Lebanon and sent ground troops into border areas. Advertisement Early on Sunday, the Lebanese health ministry said an Israeli air strike hit Beirut’s city centre, targeting “a hotel room”, killing four people and wounding 10 others. First aid responders are seen inside the lobby of the Ramada hotel in which a room was targeted by an Israeli strike, in Beirut, Lebanon, on Sunday. Photo: AFP The Israeli military earlier announced it had “begun an additional wave of strikes in Beirut”, saying it was targeting the capital’s southern suburbs, a Hezbollah stronghold.
It can be fun to see what the general sentiment is about the odds of an asset you own reaching a flashy price target. In that vein, on Polymarket, a major prediction market, the crowd as I write this is predicting that by the end of March 2026, Bitcoin (BTC 2.11%) has just a 1% chance of being priced at $150,000 or more. The odds also look quite poor for it to hit that same milestone by Dec. 31, a...
It can be fun to see what the general sentiment is about the odds of an asset you own reaching a flashy price target. In that vein, on Polymarket, a major prediction market, the crowd as I write this is predicting that by the end of March 2026, Bitcoin (BTC 2.11%) has just a 1% chance of being priced at $150,000 or more. The odds also look quite poor for it to hit that same milestone by Dec. 31, at 11%. Those probabilities might be right, or they might be wrong. Here's what I predict is going to happen next. Price predictions can be right for the wrong reasons Prediction markets are all the rage these days, but it's important to recognize that they aren't oracles. Sure, they're effective at aggregating information about the sentiment of prediction market traders across a wide variety of topics and potential outcomes. But they aren't at all immune to events being mispriced due to thin liquidity or people overpaying for getting exposure to their preferred outcomes for a story in progress. With all of that said, these predictions about the (very) slim chances of Bitcoin's price surpassing its prior all-time highs to reach $150,000 practically in the blink of an eye are pretty well grounded. Expand CRYPTO : BTC Bitcoin Today's Change ( -2.11 %) $ -1445.89 Current Price $ 66941.00 Key Data Points Market Cap $1.3T Day's Range $ 66925.00 - $ 68473.00 52wk Range $ 60255.56 - $ 126079.89 Volume 25B Right now, Bitcoin sits around $67,000 after a shockingly powerful upward move on Feb. 26. But tagging $150,000 would require the coin to explode by more than double in approximately a month. And such moves are unprecedented, at least outside of very rare occurrences in the coin's early history, like its absurd upward explosion of 449% in November 2013. Today, that kind of sprint probably isn't possible. What I see coming next In my view, Bitcoin's near term looks like it'll continue to be a tug-of-war between unfavorable market and economic factors and spurts of adoption; the pac...
Nutanix (NasdaqGS:NTNX) announced a multi year partnership with AMD to co develop open, full stack AI infrastructure platforms. AMD is also making a significant equity investment in Nutanix as part of the collaboration. The agreement includes joint engineering work, coordinated go to market efforts, and integration of AMD CPUs and GPUs into Nutanix offerings. Nutanix, trading at $39.83, is pairing...
Nutanix (NasdaqGS:NTNX) announced a multi year partnership with AMD to co develop open, full stack AI infrastructure platforms. AMD is also making a significant equity investment in Nutanix as part of the collaboration. The agreement includes joint engineering work, coordinated go to market efforts, and integration of AMD CPUs and GPUs into Nutanix offerings. Nutanix, trading at $39.83, is pairing this new AI focused partnership with AMD with an already mixed share price record. The stock is up 4.0% over the past week and 1.7% over the past 30 days, while year to date performance shows a 21.3% decline and a 43.4% decline over the past year. Over longer periods, returns of 61.4% over three years and 45.6% over five years indicate that long term holders have seen gains. For investors, this AMD deal adds another layer to the Nutanix story in AI ready cloud infrastructure. The combination of co developed platforms, a financial investment from AMD, and alignment around CPUs and GPUs may influence how Nutanix positions its products for enterprise AI workloads over time. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Nutanix. NasdaqGS:NTNX Earnings & Revenue Growth as at Mar 2026 Advertisement Quick Assessment ✅ Price vs Analyst Target : At $39.83 versus a consensus target of $58.87, Nutanix trades about 32% below where analysts currently sit. : At $39.83 versus a consensus target of $58.87, Nutanix trades about 32% below where analysts currently sit. ✅ Simply Wall St Valuation : Simply Wall St estimates Nutanix is trading 47.4% below its fair value, which points to a wide valuation gap. : Simply Wall St estimates Nutanix is trading 47.4% below its fair value, which points to a wide valuation gap. ⚖️ Recent Momentum: The 30 day return of 1.7% is modest, so recent price action has been relatively muted compared to the valuation gap. The timing of any decision to buy, sell or hold Nutan...