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Prime Minister Narendra Modi with Brazilian President Luiz Inacio Lula da Silva during a joint press meet Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva on Saturday set a target to raise bilateral trade to $20 billion within five years and signed key agreements in areas including rare earth minerals, digital…
No one has ever given away more money as fast as Mackenzie Scott, philanthropist and former wife of Amazon founder Jeff Bezos. Since 2019, Scott, who has disposed more than 75% of the Amazon shares she received from Bezos, has donated $26.4 billion to more than 2,500 groups. In 2025 alone, she gave away $7.2…
Elon Musk, the world’s richest person, has made a new claim regarding his financial legacy. In a post on X (formerly Twitter) he said that he expects to pay more than $500 billion in taxes over his lifetime. The projection comes as Musk’s personal fortune reached a staggering $852 billion this month. This massive jump…
MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
OpenAI is now back on track to raise more than $100 billion in a record-breaking funding round, but it previously announced $100 billion partnership with Nvidia has been scaled back. As reported by Financial Times, Nvidia is now preparing a $30 billion equity investment in OpenAI. Last year, both Nvidia and OpenAI revealed their plan…
Foreign exchange reserves climbed sharply to a new record level in the week ended February 13, rising by $8.663 billion to $725.727 billion, the Reserve Bank of India (RBI) said on Friday, PTI reported.The latest increase follows a decline of $6.711 billion in the previous reporting week, when the reserves had slipped to $717.064 billion….
Meta has reportedly reduced the equity-based awards for most of its employees for the second consecutive year, as CEO Mark Zuckerberg channels unprecedented resources into artificial intelligence and data center expansion. According to a report by Financial Times, people familiar with the matter revealed that Meta trimmed its annual distribution of stock options by about…
US President Donald Trump on Tuesday announced a “MASSIVE Trade Deal with Japan,” under which Tokyo will make a “$550 BILLION commitment to invest in the United States of America.” The White House unveiled three large-scale investment projects backed by Tokyo with a combined value of $36 billion, representing the first tranche under Japan’s $550…
The Adani Group has unveiled an ambitious plan to invest $100 billion over the next decade to build renewable-energy-powered, hyperscale AI-ready data centres across India, targeting completion by 2035. Announcing the move on Tuesday, the conglomerate described the proposal as one of the largest integrated commitments globally in energy and computing. It said the initiative…
Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…
