While addressing the CII Annual Meeting 2021, Sitharaman thanked the industry for their level-heading thinking while the country was facing challenges during the first and second wave of the COVID-19 pandemic
Demand surges during the pandemic caught chip manufacturers off guard. Car, computer and smartphone industries will get first dibs when the chip supply increases. But small startups will likely feel the squeeze longer.
Stocks Tumble as Inflation Concerns Resurface
Last Updated
This briefing has ended. Follow our latest coverage of
Here’s what you need to know:
Source: FactSet
By: Ella Koeze
Stocks fell around the world on Tuesday as traders remained unsettled by rising prices and the impact that could have on inflation.
But a rebound in technology stocks in afternoon trading softened the blow on Wall Street somewhat. The S&P 500 fell 0.9 percent, after having recovered from a decline of as much as 1.6 percent earlier. The tech-heavy Nasdaq ended the day only slightly lower, also having recovered from a sharp drop.