Indian Unicorns Grapple With Valuation Markdowns, Harshening Funding Winter
Indian unicorns managed to amass $1.86 billion from private equity and venture capital investors in the first half of 2023, compared to the $7.78 billion raised during the same period last year.
China Invites South Asian Nations To Board Its 'Express Train' For Economic Growth
China's Foreign Minister Wang Yi proposed four areas of cooperation: deepening strategic mutual trust, connectivity, economic and trade cooperation, and people-to-people exchanges.
H&M Says It Will 'Phase Out' Operations In Myanmar Amid Labor Abuse Allegations
Wage theft and reduction were among the most reported labor abuses in Myanmar, along with unfair dismissal, forced overtime, and inhumane work rates.
BlockFi Allows Crypto Withdrawals For Eligible US Clients; Fate Of International Users Unclear
The now-defunct crypto lender said the withdrawal options are not yet extended to wallets handled by international users, but legal proceedings are going on.
SpaceX Wrote Down $373M Worth Of Bitcoin Owned In 2021-2022: Report
SpaceX's financials reportedly revealed around $5.2 billion in total expenses for 2022, with an additional $5.4 billion spent on property acquisition, R&D and equipment between 2021 and 2022.
Binance Ceases Payments Service To Focus On Core Products And Blockchain Technology
Decentralized exchange platform Biswap took to X to announce that Binance Connect is ceasing operations "due to its provider closing the supporting card payments service."
India's New Licensing Mandate On Imports Of Laptops, PCs May Hard-Hit Local Consumers
The development comes as the Narendra Modi government aims to accelerate the "Make in India" campaign amid a geopolitical shift of manufacturing out of China.
Elvis Presley NFT Avatars Coming Soon In Ethereum Metaverse Game 'The Sandbox'
Owners of Elvis NFT will benefit from additional perks, including governance and voting rights for the Elvis Legacy Council DAO.
India's Draw As Alternative Global Supply Hub Increasing, But Many Challenges Remain
As one of the world's fastest-growing economies, India offers a trainable and low-cost workforce, a wide array of consumers, and impressive receptiveness to trade and investment in the South Asian neighborhood.
Extreme Weather Hits India's Staple Food Crops, Threatens Food Security
"This year, we are experiencing more than usual rainfall, probably due to global warming... Heavy rains mixed with flash flooding will further delay planting, resulting in lower-than-normal yields. It can threaten food security, not only in the country but globally also," said Mahesh Salgaokar, an independent agricultural consultant.
Meta Owns The Biggest Social Media Apps By Monthly Active Users - IBT Graphics
With Meta and Alphabet leading the ranking, the U.S. is home to the most top ranked social networks with more than 100 million users.
Denmark Leads The Way With Highest Tax-To-GDP Ratio - IBT Graphics
The U.S. ranked at 83 with an 11.23% tax-to-GDP ratio, even though the country has one of the highest GDPs per capita.
The Game-Changing Global And Regional Navigation Satellite Systems - IBT Graphics
As of now, there are four major constellations and two regional constellations worldwide.
Top 10 Countries Where People Live The Longest - IBT Graphics
U.S. life expectancy reduced to 76.4, the shortest it's been in nearly two decades, in the aftermath of the COVID-19 pandemic.
Switzerland Ranks Top On Human Freedom Index - IBT Graphics
The countries with the highest Human Freedom Index scores are largely known as the freest in the world.
Threads Vs Twitter: How Do The Two Apps Compare?
Threads has been launched less than a year since Tesla owner Elon Musk acquired Twitter and brought sweeping changes to the social media platform.
Countries With The Lowest Life Expectancy Rate At Birth - IBT Graphics
There are a number of countries that continue to grapple with low life expectancy rates due to various reasons, ranging from chronic diseases to political instability.
A Look At Largest Bank Failures In US Since 2001 - IBT Graphics
Washington Mutual Bank, the largest savings & loan association in the U.S., suffered the biggest downfall in the country's banking history in September 2018 ($307 billion in total assets).
Louisiana Revealed To Be Most Unhealthy State In The US - IBT Graphics
The country saw an increase in the rate of chronic conditions such as cancer, arthritis and depression, even before the COVID-19 pandemic hit.
US Spends Most On Healthcare Compared To Other High-Income Nations - IBT Graphics
The average money spent on healthcare per person was reported to be $6,125 last year, less than half of what the U.S. spends per person annually.
Largest Global IPOs Of All-Time Ranked - IBT Graphics
An IPO is when a private company offers its shares to the public through a stock exchange for the first time.
Northern Europe Dominates Quality Of Life Ranking - IBT Graphics
A majority of the countries with the best quality of life also featured among the top 10 nations on the Human Development Index.
How Much US Debt Is Owned By Foreign Countries? - IBT Graphics
Owing to high-interest rates and the robust U.S. dollar, which is making the bonds less profitable, global demand for Treasuries went down 6% over the past year.
France Has World's Highest Nuclear Energy Generation Share - IBT Graphics
The U.S. ranks 17th on the list in terms of share of nuclear power in the electricity mix, even as it produced more than 30% of the global nuclear electricity last year.
US Is World's Largest Producer Of Nuclear Power - IBT Graphics
The top 15 countries account for over 90% of the world's total nuclear power production.
Walmart Leads World's Private Companies In Most Number Of Employees - IBT Graphics
With more than 4,700 stores around the U.S. as of 2022, Walmart employs the maximum number of workers across the country and the world.
3 Of The World's Most Surveilled Cities Are In India - IBT Graphics
More than 1 billion surveillance cameras were installed worldwide by the end of 2021.
China Tops List Of Countries With Highest Forex Reserves - IBT Graphics
The average foreign exchange reserves in 122 countries in 2022 were $106.09 billion.
Switzerland Named Most Innovative Country For 12th Straight Year - IBT Graphics
According to the 2022 index, countries are flourishing with innovation in different sectors despite the impact of the COVID-19 pandemic and global economic slowdown.
Australia Is World's Biggest Lithium Producer - IBT Graphics
Australia extracts the chemical element directly from hard rock mines.
