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Government shutdown: From banks to courts- What stays open and what closes if Senate fails to pass funding bills

The US is staring down a partial government shutdown as the clock ticks toward Tuesday’s midnight deadline, with President Donald Trump and Congress still deadlocked over a spending bill. If no deal is struck, hundreds of thousands of federal employees deemed nonessential will be furloughed — and this time, Trump is warning he may go…

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Rapido looks to raise $500 million funding: Primary, secondary deals eyes; Swiggy exits 11.8% stake

Rapido looks to raise $500 million funding as Swiggy exits stake Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the company.The move comes as Rapido expands its ride-hailing operations and scales its food delivery platform, Ownly. The primary…

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Tata 1mg seeks $200 mn funding: Novo Holdings, CPPIB show interest; potential investors not agreeable to $1.25 bn valuation

Tata 1mg seeks $200 mn funding Tata 1mg, the online pharmacy arm of Tata Digital, is looking to raise $200 million in a fresh funding round, attracting interest from Novo Holdings, Canadian pension fund CPPIB, Permira, and Chrys Capital, according to sources familiar with the matter.The fundraising is part of a larger capital raise across…

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80th UNGA: Donald Trump to address United Nations after slashing their funding – $500m budget cut, 20% jobs lost

The 80th session of the United Nations General Assembly (UNGA) has opened in New York at a moment of profound uncertainty for the global body, with United States President Donald Trump set to deliver a keynote speech on Tuesday. Trump will address the organisation even as his administration has pulled billions of dollars in funding,…

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Harvard scores $46 million in federal grants as funding freeze begins to thaw

After months of uncertainty and financial strain, Harvard University began receiving millions in federal research grants from the National Institutes of Health (NIH) on Friday, marking a significant step towards stabilizing the University’s beleaguered research ecosystem. The disbursements represent the first return of grant funds since a judge struck down the Trump administration’s sweeping freeze…

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‘Sick, dangerous’: Trump labels Antifa ‘terrorist organisation’; calls for funding probe

US President Donald Trump on Thursday announced that he is designating Antifa as a terrorist organisation, citing what he described as its role in political violence following the killing of conservative activist Charlie Kirk.Posting on Truth Social, the President wrote: “I am pleased to inform our many U.S.A. Patriots that I am designating ANTIFA, A…

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Aid meant for relief diverted? Pakistan funding reconstruction of LeT HQ destroyed in Op Sindoor; what intel says

Pakistan is financing the reconstruction of Lashkar-e-Taiba’s (LeT) Muridke headquarters, Markaz Taiba, which was destroyed in precision airstrikes during Operation Sindoor on May 7. According to ANI, citing an agency dossier, LeT has launched fundraising campaigns under the pretext of flood relief to support the redevelopment project.Moreover, Islamabad has already allocated PKR 4 crore, though…

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