Elon Musk criticises India’s exclusion from the UN Security Council, calling it ‘absurd’. After UNSG Guterres expressed his disappointment over not having Africa as the permanent member of the UNSC, Michael Eisenberg, an American-Israeli businessman, questioned India’s UNSC permanent seat and also suggested dismantling the organisation and creating a new organisation. India’s attempts for permanent…

India’s stock market, valued at $4.33 trillion, has surpassed Hong Kong’s market capitalization of $4.29 trillion, making it the world’s fourth-largest equity market. India’s booming stock market is attracting global investors and companies, positioning itself as an alternative to China. Equities in India have been booming, thanks to a rapidly growing retail investor base and…

US online retailer Wayfair, based in Boston, is cutting 1,650 jobs, around 13% of its employees. CEO Niraj Shah sent a memo urging employees to work harder, stating that the company had gone overboard in hiring during a strong economic period.