Thu, Feb 1, 2024 1:35 PM
Centre sets Rs. 50,000 cr disinvestment target for FY25
A Flip by Shubhangi Gupta
Few assets have demonstrated more millionaire-maker potential than Shiba Inu, a controversial cryptocurrency that soared by 45,278,000% in 2021. But this unprecedented rally was based on hype instead of sustainable fundamentals, and the token gave back most of its gains by mid-2022. Now, Shiba Inu is rising once again, sparking debate over its long-term potential as a good investment.
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Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025. Friday's agreement, hailed by unions as a "Christmas miracle", calls for more than 35,000 future job cuts and a reduction of production by almost a quarter, but without immediate plant closures or layoffs.
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The British economy showed no growth in the third quarter, according to revised figures, dealing a blow to the new Labour government's growth mission. The Office for National Statistics blamed weaker trading in bars and restaurants, while critics argue Labour's negative economic outlook and tax hikes have damaged the economy.
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