India’s fastest start-up to hit billion-dollar status is already profitable, says founder

Indian start-up Mensa Brands, which has catapulted to billion-dollar unicorn status in just six months, is already profitable and on course for further growth, founder Anath Narayanan has told CNBC.

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Shares in India’s Paytm plunge 24% in market debut, investors question business model

Paytm shares were changing hands at 1,645 rupees in morning trade versus the offer price of 2,150 rupees.Did you miss our previous article… https://www.newwestinstitute.com/?p=759 Willie Laurencewww.newwestinstitute.com

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Start-up WeRide partners with Chinese auto giant GAC on driverless taxis as competition rises

WeRide and Guangzhou Automobile Group (GAC Group) plan to make the robotaxis available via ride-hailing app Ontime to the public by 2022.Did you miss our previous article… https://www.newwestinstitute.com/?p=753 Willie Laurencewww.newwestinstitute.com

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Biden and Xi agree to look at possible arms control talks, says Biden advisor

Joe Biden and Chinese leader Xi Jinping agreed at a virtual meeting to look into the possibility of arms control talks, U.S. national security advisor said.Did you miss our previous article… https://www.newwestinstitute.com/?p=744 Willie Laurencewww.newwestinstitute.com

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El-Erian says he bought bitcoin but sold too early — here’s when he’d feel comfortable buying again

Allianz’s Mohamed El-Erian says he purchased an unspecified amount of bitcoin when it plunged close to $3,000 in the “crypto winter” of 2018.Did you miss our previous article… https://www.newwestinstitute.com/?p=741 Willie

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Bitcoin drops nearly 7% toward $60,000 as major cryptocurrencies plunge

Bitcoin and other cryptocurrencies including ethereum fell sharply on Tuesday retreating from near-record highs.Did you miss our previous article… https://www.newwestinstitute.com/?p=732 Willie Laurencewww.newwestinstitute.com

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‘The freighter markets are on fire right now. That’s where we see real growth,’ Boeing exec says

The company has announced plans to add three conversion lines for its 737-800BCF across North America and Europe.Did you miss our previous article… https://www.newwestinstitute.com/?p=729 Willie Laurencewww.newwestinstitute.com

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Entirely possible that we’ll see low interest rates forever, asset manager says

Julian Howard expected that the Federal Reserve would probably only start raising interest rates in the second half of 2022.Did you miss our previous article… https://www.newwestinstitute.com/?p=726 Willie Laurencewww.newwestinstitute.com

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‘Still on the road to hell’: Global media reacts to COP26 climate deal

Nearly 200 countries agreed on a deal, which suffered stumbling blocks over the phasing out of coal.Did you miss our previous article… https://www.newwestinstitute.com/?p=720 Willie Laurencewww.newwestinstitute.com

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Governments and Big Oil were first. The next wave of climate lawsuits will target banks and boards

Financial institutions and individual board members could be the next targets of climate litigation cases.Did you miss our previous article… https://www.newwestinstitute.com/?p=699 Willie Laurencewww.newwestinstitute.com

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