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US To Halt Funding For Organisations Supporting Trans And Diversity Work Overseas: Report
The Trump administration plans to halt federal funding of any organisation or government that supports work overseas related to gender identity or diversity, Politico reported on Wednesday, citing a US official
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India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
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Trump Admin Asks US Supreme Court to Reinstate $783 Million In Research Funding Cuts
The Trump administration asked the Supreme Court on Thursday to allow it to cut hundreds of millions of dollars' worth of research funding in its push to roll back federal diversity, equity and inclusion efforts.
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Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
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European Leaders Announce Equity Fund For Ukraine, Urge Investments
European leaders urged private business and equity on Thursday to invest in rebuilding Ukraine now, even as Russia accelerates its war.
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OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
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Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
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Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
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How Harvard Reacted To Trump's Diktat That Led To Fund Freeze
Last Friday, the Trump Administration sent a letter to Harvard University--an institution 140 years older than the United States-- asking it to end its diversity, equity, and inclusion initiatives in hiring, admissions, and programs.
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Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
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Sensex Climbs 231 Points In Early Trade, Nifty Up By 65 Points
Equity benchmark indices Sensex and Nifty began the trade on a positive note on Thursday but later faced volatile trends amid unabated foreign fund outflows, monthly derivatives expiry and weak global market cues.
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Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
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Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
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Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
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India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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US To Halt Funding For Organisations Supporting Trans And Diversity Work Overseas: Report
The Trump administration plans to halt federal funding of any organisation or government that supports work overseas related to gender identity or diversity, Politico reported on Wednesday, citing a US official
-
India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
-
Trump Admin Asks US Supreme Court to Reinstate $783 Million In Research Funding Cuts
The Trump administration asked the Supreme Court on Thursday to allow it to cut hundreds of millions of dollars' worth of research funding in its push to roll back federal diversity, equity and inclusion efforts.
-
Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
-
European Leaders Announce Equity Fund For Ukraine, Urge Investments
European leaders urged private business and equity on Thursday to invest in rebuilding Ukraine now, even as Russia accelerates its war.
-
OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
-
Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
-
Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
-
How Harvard Reacted To Trump's Diktat That Led To Fund Freeze
Last Friday, the Trump Administration sent a letter to Harvard University--an institution 140 years older than the United States-- asking it to end its diversity, equity, and inclusion initiatives in hiring, admissions, and programs.
-
Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking CFO Siddharth Bharwani said the company would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. Some portion of the collection will also be utilised to initiate Bitcoin-related educational, training, and skill development programmes in India
-
Sensex Climbs 231 Points In Early Trade, Nifty Up By 65 Points
Equity benchmark indices Sensex and Nifty began the trade on a positive note on Thursday but later faced volatile trends amid unabated foreign fund outflows, monthly derivatives expiry and weak global market cues.
-
Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
-
Rupee Ends 1 Paisa Down At 86.62 Against US Dollar
The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors' sentiment.
-
Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
-
India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
