Category: India

China’s shrinking population is a grim omen for the rest of the world

China will lose half its population by the end of the century. The population decline is a warning for the US and Europe. Alyssa Powell/Insider The country’s shrinking population is a grim omen for the rest of the world China’s population is shrinking. While the huge country is nonetheless dwelling to 1.4 billion people — practically one out of each 5 people on Earth —…

India can buy as much Russian oil as it desires, Yellen says. The caveat: it can’t use Western insurance coverage,...

US Treasury Secretary Janet Yellen mentioned G7’s worth cap on Russian oil will restrict Moscow’s power income even when there’s demand. Brendan Smialowski/AFP through Getty Images India can buy as much Russian oil as it likes, US Treasury Secretary Yellen instructed Reuters. However, India can’t use Western delivery, insurance coverage, and monetary companies in such offers, she mentioned. It can be powerful for closely sanctioned…

Elon Musk’s Twitter laid off more than 90% of staff in India — now only about 12 employees stay, report...

Twitter proprietor Elon Musk. Muhammed Selim Korkutata/Getty Images Elon Musk’s Twitter slashed 90% of employees in India over the weekend, sources advised Bloomberg. Twitter had about 200 staff in the nation however now only about 12 stay, per the report. About 70% of the layoffs in India had been in the product and engineering staff, it added. Twitter has laid off more than 90% of…

Russia’s revenue from crude oil exports just hit its lowest point since Vladimir Putin launched his war on Ukraine

Russian President Vladimir Putin. AP Russia’s weekly revenues from oil exports fell to the lowest level since Moscow ordered the invasion of Ukraine, Bloomberg data shows. Duty rates declined, and the volume of seaborne crude shipments dropped to a five-week low.  The European Union’s sanctions on Russian crude are set to take effect on December 5.  Russia’s weekly revenue from crude oil exports dropped to…