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250 MILLION LIFTED OUT OF POVERTY
Aurobindo Pharma US gets FTC nod for $250 million acquisition of Lannett CompanyAurobindo Pharma's US arm has secured Federal Trade Commission approval for its $250 million acquisition of Lannett Company. This strategic...
Middle East outages to keep aluminium market tight near-term, but Indonesia-China supply wave caps upside: Goldman SachsAluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend in...
India-bound ships begin Strait of Hormuz transit as US lifts Iran blockade; Chabahar, INSTC in focusThree cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports a...
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
US Stock Market: Fed financial disclosures reveal stark contrast in transparency among top officialsFederal Reserve officials' financial disclosures reveal varying levels of detail. Governor Lisa Cook reported over $1 million in legal expe...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
US deal gets oil flowing as Trump pushes 'complete ceasefire on all fronts'President Trump has signed a deal with Iran to end a war. This agreement has led to a complete ceasefire on all fronts. More than a dozen s...
Mixed signs of peace: 3 Saudi oil tankers cross Hormuz, Israel strikes LebanonVice president JD Vance said he plans to travel to Switzerland for talks on the Iran deal but he doesn't know when that will happen. He had...
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
US FTC imposes divestment condition on Aurobindo Pharma's $250 mn Lannett acquisitionThe U.S. Federal Trade Commission (FTC) has mandated that Aurobindo Pharma must sell off four specific drug products. This action is a cond...
Biblical proverb of the day: 'Wealth brings many friends, but the poor is separated from his neighbor'Proverbs 19:4 observes that wealth attracts many companions, while poverty often leads to isolation, highlighting a human tendency to value...
RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
US stocks: SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoeSpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand...
Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...
PM Modi gets wishes from world leaders on becoming India's longest-serving elected prime ministerPrime Minister Narendra Modi becomes India's longest-serving elected leader. World leaders are sending congratulations. They praise his gov...
US Senators, business leaders greet Modi on India's longest-serving elected PM milestonePrime Minister Narendra Modi has become India's longest-serving elected leader. US Senators and business leaders have offered congratulatio...