Category: Finance

Georgia Power is urging customers across the state to prepare for freezing temperatures and potential snow this week by taking simple steps to reduce energy costs and stay warm at home. As temperatures in Savannah are expected to drop to 31 degrees on Sunday, January 19, 2025, residents face the possibility of snow and ice moving through the region. The cold snap comes just after Monday’s Martin Luther King Jr.…

The Indian stock market buzzes with excitement as Amagi Media Labs launches its mainboard IPO next week, joined by five small and medium enterprise public issues. Starting January 13, 2026, investors can subscribe to these offerings, aiming to raise funds for growth in tech, energy, and security sectors amid strong market trends. This wave of IPOs comes at a time when the Sensex and Nifty show steady gains, driven by…

Oil prices jumped higher on Friday as protests in Iran grew more intense, raising fears of supply disruptions from a key Middle East producer. Traders watched closely as unrest in the country, which started over economic issues, now threatens global energy markets in early 2026. Protests Spark Nationwide Unrest Protests erupted in Iran nearly two weeks ago, driven by high inflation and a weak economy. People took to the streets…

In southwest Georgia, farmer Alex Harrell has cut his operation by 3,000 acres, responding to skyrocketing input costs that threaten his livelihood. This move signals a wider crisis, with Harrell warning that vast U.S. farmland could sit unplanted in 2026 as producers struggle to break even. Harrell’s Tough Choice to Downsize Alex Harrell, a 36-year-old grower in Lee County, Georgia, made a bold decision late last year. He reviewed his…

Georgia has secured nearly $219 million from the federal government to improve health care in its rural areas. This funding comes from President Donald Trump’s budget reconciliation bill, aimed at supporting rural hospitals and services across the nation. The money will target 126 rural counties in the state, focusing on better access to care and new ways to handle health issues. Officials announced the award this week, marking a key…

Tata Sons is gearing up for a major leadership shift at Air India, with plans to replace current CEO Campbell Wilson before his term ends in June 2027. Group chairman N Chandrasekaran has already started talks with top executives from major airlines in the UK and US to find a suitable successor amid growing concerns over the airline’s slow turnaround. Background on Air India’s Leadership Journey Air India returned to…

India’s key stock indices started the week on a weak note today, with the Sensex and Nifty opening marginally lower due to heavy selling in information technology shares. This decline comes amid fresh worries over US President Donald Trump’s tariff threats against India and escalating tensions from the Venezuela conflict, where US forces captured President Nicolas Maduro. Market Opens with Caution The Bombay Stock Exchange Sensex fell 67.73 points, or…

India has launched a major claim against Reliance Industries and its partner BP, seeking more than $30 billion in compensation for alleged underproduction of natural gas from key offshore fields. The dispute focuses on the D1 and D3 fields in the Krishna Godavari basin, where the government says mismanagement led to massive shortfalls in output, as revealed in recent arbitration proceedings. The Core of the Dispute The Indian government accuses…

Gold prices took a sharp dive on December 29, 2025, marking the biggest one-day drop since October, as traders cashed in profits at year end. Experts now warn of a possible slide to $4,041 by early January, driven by market shifts and global events. Sharp Drop Shakes Gold Market Gold spot prices, tracked as XAUUSD, fell hard on Monday, closing at $4,335.09 after a loss of $198.12 or 4.37 percent.…

Tom Golisano, the founder of Paychex and a major philanthropist in health care, has given $50 million to the Wellstar Childrens Hospital of Georgia. This record breaking donation, announced on December 29, 2025, will rename the hospital to Wellstar Golisano Childrens Hospital of Georgia and help it join a national group of top childrens hospitals. The gift is the largest ever for Wellstar Health System and the hospital in Augusta,…