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U.S. GOVERNMENT REVENUE
US Supreme Court won't halt $655 million judgment against Palestinians over attacksUS Justice Sonia Sotomayor declined to halt a large damage award against Palestinian authorities. This judgment stems from a civil lawsuit ...- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies increased its annual revenue forecast significantly. Strong government and commercial demand fuels this optimistic ou...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- US equity funds see inflows as AI optimism revives demand for tech stocksUS equity funds attracted significant investor inflows, reversing prior withdrawals. Renewed confidence in artificial intelligence and stro...
- India could face 100% tariffs under proposed US Russia sanctions billMany Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill that would let Trump imp...
- Eric Trump-backed defence technology company Space-Eyes to go public in $638 million SPAC dealSpace-Eyes, a leader in defense technology, has announced its merger with McKinley Acquisition Corp. In a move to enhance strategic oversig...
- Trump defends 'anti-weaponization' fund as Todd Blanche nomination stallsPresident Trump defends his proposed "anti-weaponization" fund amid Senate opposition. Republican Senators Cornyn and Tillis are blocking T...
- In 2018, Cuyahoga County began building a 4-MW solar array on a closed landfill, turning unused land into a local power sourceOld landfills are finding new life as sites for clean electricity generation. Ohio's Cuyahoga County launched a large solar project on a ca...
- India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...
- Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on re...
- South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
- Scale AI taps former Google Cloud executive as CEOScale AI appointed Francis DeSouza as chief executive officer, effective August 10. DeSouza brings over thirty years of enterprise technolo...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities rallied sharply as Sensex gained 889 points and Nifty topped 24,250, adding over Rs 4 lakh crore in market value. Strong II...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- US-Canada bridge opens in Detroit even as trade disputes test the neighbors' tiesA new bridge connecting Canada and the U.S. at Detroit opened Monday to vehicles. Descendants of hockey legend Gordie Howe were among the f...
- China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
- Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
- Global Market: BNP Paribas Q2 profit jumps 33% on strong trading, retail rebound; beats estimatesBNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a reco...
- Global developed market debt to hit record $75.8 trillion by end of 2026: FitchGovernment debt in developed nations will reach $75.8 trillion by 2026. This debt burden represents 104% of gross domestic product for thes...
- Trump administration may ban Chinese AI models, Axios reportsThe Trump administration is exploring ways to limit access to advanced Chinese AI models. This move could benefit American companies like O...
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