The Economic Times has reported that vessels moving on global routes could become more expensive with ships bound for the developed economies of the US and western Europe suffering the maximum impact.
As temperatures soar, the risk of food getting spoiled quickly rises. Inadequate cold storage facilities heighten the possibilities of fruits and vegetables spoiling due to heat-induced damage. Additionally, milk supplies deplete faster during hot weather, increasing the dependency on powdered milk or stored milk, hence affecting their supply and prices.
Investment is process-driven activity which needs planning and adherence to certain basics involving behavioral finance which is nothing but psychology revolving around money. Most often, what investors are looking for is a get rich quick scheme. Such scheme does not exist and moreover, a casual approach to investing without any specific goals or timelines is a recipe for personal finance disaster.
With the mercury level routinely crossing the dreaded 40 degree of the Celsius scale, sales have zoomed up to 300% of that recorded at the same time in 2023, the report said. Even areas with low sales have recorded brisk bookings of air conditioners.
Apple is also going to generate green energy for all its operations in India and has entered into an agreement with a solar energy system provider CleanMax.