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Flawed engineering and insufficient testing by OceanGate led to the catastrophic implosion of the Titan submersible during its 2023 Titanic expedition. The NTSB report highlighted multiple anomalies in the carbon fiber pressure vessel, which failed to meet strength requirements due to inadequate testing and flawed real-time data analysis. This preventable tragedy claimed the lives of all five passengers.
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News and Media
Fund manager Rajeev Thakkar advocates for simplicity and focus in volatile markets, advising investors to "do nothing when there is nothing to do." He emphasizes valuation discipline over global events for maintaining cash reserves. Thakkar also highlights banking as an underappreciated sector with high entry barriers, offering attractive opportunities.
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News and Media
India has increased the base import prices for gold, silver, and all vegetable oils to align with escalating global market rates. This bi-fortnightly revision impacts tax calculations for importers, with gold now at $1327 per 10 grams and silver at $1663 per kg.
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News and Media
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