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WORLD BANK FUNDING FOR AMARAVATI
Markets may consolidate; micro, small and mid-caps could lead alpha generation, says Quant Mutual FundQuant Mutual Fund expects Indian equities to consolidate after the recent rally but believes micro-, small- and mid-cap stocks will drive a...- ADB approves USD 230 million loan to modernise water supply and sanitation in ChennaiChennai's water infrastructure is set for a major upgrade with a USD 230 million loan from the Asian Development Bank. This initiative aims...
- The Wealth Company Asset Management announces appointment of Unmesh Kulkarni as managing directorThe Wealth Company, part of Pantomath Group, has appointed Unmesh Kulkarni as its Managing Director. With 29 years of experience in wealth ...
- SIR: YSRCP requests EC to extend exercise by one month in Andhra PradeshAndhra Pradesh's ruling YSRCP has requested the Election Commission to extend the electoral roll revision by a month, alleging significant ...
- Venezuela earthquake death toll rises to 2,595Venezuela's interim president, Delcy Rodriguez, revealed Friday that twin earthquakes on June 24 have claimed 2,595 lives. This grim update...
- ICICI Bank mulls first benchmark dollar bond sale since 2017ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. Th...
- Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
- Collateral Damage: Proprietary traders feel the squeeze under RBI's new rulesNew RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact proprietary trading desks. These fi...
- Hong Kong's AUM hits record $5.4 trillion on 193% rise in inflowsHong Kong has taken numerous steps to attract wealth in recent years, an attempt to rebound after the city lost some of its allure in the w...
- IBM to set up one of India's first quantum computers in Amaravati by September 2026Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum sys...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
- Andhra Pradesh secured Rs 11.77 lakh crore investments in two years, says TG BharathAndhra Pradesh has secured investments totaling Rs 11.77 lakh crore over two years, projected to create over 10 lakh jobs. Minister TG Bhar...
- These 10 equity mutual funds gained up to 10% in June. Check top performers
- IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- Bengaluru startup Airbound ties up with Andhra Pradesh to build drone delivery networkBengaluru's Airbound is partnering with Andhra Pradesh Drone Corporation to launch a massive drone delivery network in the Amaravati Capita...
- Andhra Pradesh govt to launch Amaravati quantum and AI innovation centreAndhra Pradesh is launching the Amaravati quantum and AI innovation Centre with IBM. This initiative aims to create India's largest quantum...
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