Latest News, Updates & Breaking Headlines
Microsoft is injecting a massive $17.5 billion into India, its largest investment in Asia, to bolster cloud and AI infrastructure. This significant commitment, alongside Google’s plans, underscores India’s growing importance as a global AI hub. The investment aims to enhance skilling and operations, positioning India as a frontier AI nation ready for transformative growth. NEW…
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, is reportedly in early discussions to raise a new round of funding at a valuation of roughly $50 billion. According to a report in Bloomberg, the new financing, which has not been previously reported, would more than quadruple the startup’s valuation…
Canada has announced a new accelerated immigration pathway for H-1B visa holders as part of the 2025 Federal Budget, aiming to attract skilled workers and strengthen the country’s innovation and research sectors. The initiative targets professionals affected by the recent US H-1B visa fee increases and seeks to fill labour shortages in healthcare, advanced technology,…
Growth in bank credit to industry eased to 7.3 per cent in September 2025, compared with 8.9 per cent in the same period a year earlier, according to Reserve Bank of India (RBI) data released on Friday.On a year-on-year basis, non-food bank credit rose 10.2 per cent as of the fortnight ended September 19, 2025,…
In a shocking October 28 twist to the ongoing NewJeans saga, a key figure behind the fan-led fundraising group ‘Team Bunnies’ has been revealed to be a minor. The group, which presented itself as a collective of “experts from various fields” dedicated to protecting NewJeans, is now at the center of a criminal investigation for…
MUMBAI: Optimo Capital has raised Rs 150 crore ($17.5 million) in series A funding, led by founder Prashant Pitti along with existing investors Blume Ventures and Omnivore, the company said on Tuesday. Around 4.8 crore small-business owners (75% of total) don’t have credit-history, making it difficult for them to access large-ticket business loans from banks/NBFCs….
The Financial Action Task Force (FATF) on Saturday cautioned Pakistan that its removal from the greylist in October 2022 does not make it immune to scrutiny over money laundering or terrorist financing.FATF President Elisa de Anda Madrazo in a press briefing said, “Any country that is on the greylist or has exited it is not…
India has emerged as the frontrunner in renewable energy progress across South and Southeast Asia, outpacing coal and setting an example for the region, according to a recent report by S&P Global Ratings. As per news agency ANI, the study noted that India’s strong policy framework, advancing technology adoption and robust private investment are fuelling…
