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US Finalises Up To $6.6 Billion Funding For Taiwanese Chip Giant TSMC
The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit
At COP29, India and other developing countries, as part of the LMDC bloc, called for fair and equitable climate finance. Concerns were raised about the predominance of loans in climate funding, which places additional burdens on vulnerable countries. The LMDCs emphasised the importance of holding developed nations accountable for meeting financial ...
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How Donald Trump's Plan To Axe Education Department Will Impact US Schools
The Department of Education's primary role includes administering federal education funds, which amounted to around $238 billion in 2024-roughly 14% of total education spending in the US.
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'You Owe Us': COP29 Talks Hit Hurdles Over Climate Funding For Poor Nations
"You owe us!" screamed a protest banner at the COP29 summit in Azerbaijan, where negotiations over how much rich nations most responsible for climate change should pay poorer ones are getting heated.
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UN Climate Draft Shows Deep Divide On Funding For Poorer Nations At COP29
A fresh draft of a UN climate deal released Wednesday offers wide-ranging options to raise funding for poorer countries, signalling that tough negotiations remain at the COP29 talks in Baku.
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ISRO and IIT Madras Partner to Launch Research Centre to Tackle Spacecraft Thermal Challenges
ISRO and IIT Madras have launched a Centre of Excellence in Fluid and Thermal Sciences to tackle critical thermal management challenges in spacecraft and launch vehicles. This collaboration, backed by ₹1.84 crore funding, will enable advanced research, helping to improve spacecraft design reliability and longevity. The centre aims to address extr...
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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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COP29: Disaster Relief Fund For Vulnerable Countries "Ready" To Disburse
A long-sought disaster relief fund to help vulnerable countries weather the storm of climate change will start handing out aid next year, officials at COP29 in Baku said Tuesday.
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US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
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"Crying For Help": As Books Lose To Screens, A Bhopal Library Rots Away
Once upon a time, this was a treasure trove. Now, a palace in ruins. Over 70,000 books at the heritage Iqbal library in Bhopal are rotting away due to neglect and a funds crunch.
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Market Regulator SEBI Orders Attachment Of Bank Accounts Of Videocon Founder Venugopal Dhoot To Recover Dues
Capital markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of Venugopal Dhoot and Videocon industries' promoter entity Electroparts (India) to recover dues of around Rs 68.5 lakh.
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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What Donald Trump's Win Means For Future of Heat Pump, EV Incentives
Donald Trump has pledged to rescind funding for the Biden administration's signature 2022 climate law, which includes more than $8.5 billion in incentives for individuals and families to decarbonize their lives.
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Rupee Weakens To All-Time Low Of 84.38 Against US Dollar
The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
-
US Finalises Up To $6.6 Billion Funding For Taiwanese Chip Giant TSMC
The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
India and Other Developing Nations Demand for Fair Climate Finance Commitments at COP29 Summit
At COP29, India and other developing countries, as part of the LMDC bloc, called for fair and equitable climate finance. Concerns were raised about the predominance of loans in climate funding, which places additional burdens on vulnerable countries. The LMDCs emphasised the importance of holding developed nations accountable for meeting financial ...
-
How Donald Trump's Plan To Axe Education Department Will Impact US Schools
The Department of Education's primary role includes administering federal education funds, which amounted to around $238 billion in 2024-roughly 14% of total education spending in the US.
-
'You Owe Us': COP29 Talks Hit Hurdles Over Climate Funding For Poor Nations
"You owe us!" screamed a protest banner at the COP29 summit in Azerbaijan, where negotiations over how much rich nations most responsible for climate change should pay poorer ones are getting heated.
-
UN Climate Draft Shows Deep Divide On Funding For Poorer Nations At COP29
A fresh draft of a UN climate deal released Wednesday offers wide-ranging options to raise funding for poorer countries, signalling that tough negotiations remain at the COP29 talks in Baku.
-
ISRO and IIT Madras Partner to Launch Research Centre to Tackle Spacecraft Thermal Challenges
ISRO and IIT Madras have launched a Centre of Excellence in Fluid and Thermal Sciences to tackle critical thermal management challenges in spacecraft and launch vehicles. This collaboration, backed by ₹1.84 crore funding, will enable advanced research, helping to improve spacecraft design reliability and longevity. The centre aims to address extr...
-
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.
-
COP29: Disaster Relief Fund For Vulnerable Countries "Ready" To Disburse
A long-sought disaster relief fund to help vulnerable countries weather the storm of climate change will start handing out aid next year, officials at COP29 in Baku said Tuesday.
-
US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
-
"Crying For Help": As Books Lose To Screens, A Bhopal Library Rots Away
Once upon a time, this was a treasure trove. Now, a palace in ruins. Over 70,000 books at the heritage Iqbal library in Bhopal are rotting away due to neglect and a funds crunch.
-
Market Regulator SEBI Orders Attachment Of Bank Accounts Of Videocon Founder Venugopal Dhoot To Recover Dues
Capital markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of Venugopal Dhoot and Videocon industries' promoter entity Electroparts (India) to recover dues of around Rs 68.5 lakh.
-
FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
-
What Donald Trump's Win Means For Future of Heat Pump, EV Incentives
Donald Trump has pledged to rescind funding for the Biden administration's signature 2022 climate law, which includes more than $8.5 billion in incentives for individuals and families to decarbonize their lives.
-
Rupee Weakens To All-Time Low Of 84.38 Against US Dollar
The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.
