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Paperwork Causing AI Mission Lag as Startups Flag Funding, IP Concerns

Published on: May 10, 2026, 3:34 a.m. | Source: The Economic Times

The Centre has not yet signed formal agreements with at least five of the 12 startups selected under the IndiaAI Mission to be incentivised for building indigenous foundational artificial intelligence (AI) models, though they were chosen between eight and 12 months ago.

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Pakistan secures $1.32 billion IMF funding amid push for reforms, economic stability

Published on: May 9, 2026, 11:51 p.m. | Source: The Economic Times

The International Monetary Fund board has approved new funding for Pakistan. This decision allows for immediate disbursements of approximately $1.32 billion. This brings the total disbursed funds under ongoing programs to about $4.8 billion. India had previously raised concerns about Pakistan's reliance on IMF bailouts.

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UPDATE 1-Magyar sworn in as Hungary's prime minister on promises of change

Published on: May 9, 2026, 6:54 p.m. | Source: Devdiscourse

But any honeymoon for the 45-year-old leader may be short-lived, with the clock ticking to secure billions of euros in suspended European Union funding needed to kick-start the economy and shore up strained public ⁠finances. "Hungarian people ​have given us a mandate ⁠to put an end to decades of drifting," Magyar said.

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Best Crypto Presale: AlphaPepe Raises $50K in 48 Hours as Promo Code Ends Soon and Q2 Listing Looms

Published on: May 9, 2026, 5:01 p.m. | Source: Devdiscourse

AlphaPepe has also crossed 2,000 AI DEX demo users, giving traders a product they can actually see before the token reaches public exchange trading. AlphaPepe raised 50,000 in 48 hours, crossed 1.1 million total funding, and has more than 8,400 holders before its Q2 listing window.

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IMF clears $1.3 billion for Pakistan reforms

Published on: May 9, 2026, 11:58 a.m. | Source: Lokmat Times

IMF clears $1.3 billion for Pakistan reforms - Washington, May 9 The International Monetary Fund approved about $1.3 billion in fresh funding for Pakistan after completing ... Get Latest News on International only on lokmattimes.com

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Tiger tourism stress altering breeding patterns, finds CCMB study

Published on: May 9, 2026, 11:23 a.m. | Source: The New Indian Express

The researchers clarified that the study does not oppose wildlife tourism, noting that it supports conservation funding and rural livelihoods.

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Pakistan To Get $1.32 Billion From IMF Despite India’s Objections

Published on: May 9, 2026, 10:10 a.m. | Source: Free Press Journal

The IMF has approved the release of about $1.32 billion to Pakistan under its ongoing financial assistance programme despite Indian representatives raising objections citing terror funding concerns. The approval came after the IMF Executive Board completed the first review of Pakistan’s economic reform programme under the Extended Fund Facility

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Google’s Isomorphic Labs to raise over $2 billion in new funding

Published on: May 9, 2026, 9:08 a.m. | Source: The Economic Times

Alphabet's AI drug discovery firm, Isomorphic Labs, is reportedly close to securing over $2 billion in new funding, led by Thrive Capital. This significant investment aims to bolster its drug design engine and fuel global expansion, underscoring Alphabet's strategy of commercializing its advanced AI ventures.

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IMF board clears Pakistan to access $1.32 billion

Published on: May 9, 2026, 6:17 a.m. | Source: The Economic Times

The International Monetary Fund on Friday approved reviews of Pakistans loan programmes, allowing the country to immediately access about $1.32 billion in fresh funding.

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Martin & family: Incorporated 2026, branches in 3 parties

Published on: May 9, 2026, 5:30 a.m. | Source: The Economic Times

Lottery tycoon Santiago Martin's family has secured elected positions across multiple parties. His wife, Leema Rose, won from Tamil Nadu, while his son, Jose Charles Martin, triumphed in Puducherry. His estranged son-in-law, Aadhav Arjuna, also became an MLA. This marks a significant shift from behind-the-scenes funding to direct political representation, potentially influencing future business family strategies.

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IMF Approves Pakistan’s Access To $1.32 Billion Financial Package

Published on: May 9, 2026, 5:17 a.m. | Source: NewsX

International Monetary Fund (IMF) said its board had approved Pakistan to immediately access around $1.32 billion in new funding.

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Trump Pushes To Roll Back Hunting Restrictions In National Parks

Published on: May 9, 2026, 4:04 a.m. | Source: Times Now

The Trump administration is pushing to loosen hunting restrictions across national parks, refuges, and wilderness areas, arguing the changes will expand outdoor access and support conservation funding., US News, Times Now

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Manufacturing retains growth pace in Q4 despite cost pressures: Ficci

Published on: May 9, 2026, 12:38 a.m. | Source: The Economic Times

India's manufacturing sector saw positive growth in Q4 FY26, driven by robust domestic demand. Despite rising input costs and geopolitical concerns, production levels increased, and manufacturers remain optimistic about future investments and hiring. Export sentiment also improved, with most firms reporting sufficient funding availability.

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Samsung launches 5th edition flagship innovation, education programme in India

Published on: May 8, 2026, 9:14 p.m. | Source: The Economic Times

Samsung has launched its fifth Solve for Tomorrow programme in India. This initiative aims to empower young innovators to create technology solutions for real-world problems. The 2026 edition offers significant grants and incubation support. Top teams will receive substantial funding and mentorship.

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Mumbai Mayor Ritu Tawde Inaugurates Expanded Cancer Care Centre At Sion Hospital | VIDEO

Published on: May 8, 2026, 7:56 p.m. | Source: Free Press Journal

Mumbai Mayor Ritu Tawde inaugurated an expanded Bone Marrow Transplant Centre at Sion Hospital’s Dharavi facility, increasing treatment capacity for children with cancer and blood disorders. Supported by Rs 5 crore CSR funding from Cipla, the upgraded centre will provide free treatment for eligible patients over the next decade.

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TUDA seeks liberal Central funding for Tirupati infrastructure

Published on: May 8, 2026, 7:10 p.m. | Source: The Hindu

TUDA requests liberal Central funding for Tirupati's infrastructure to manage rising pilgrim numbers and enhance tourism development.

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Akasa Air Sets Up Aircraft Leasing Arm in GIFT City to Boost Financing, Cut Costs

Published on: May 8, 2026, 6:53 p.m. | Source: Outlook Business

Akasa Air has launched Akasa Air Leasing IFSC Private Limited in Gujarat’s GIFT City to boost aircraft financing and leasing. The new entity will support funding for its growing Boeing 737 MAX fleet, enhance onshore leasing capabilities, and improve access to global capital markets, aligning Akasa with Air India and IndiGo’s leasing presence in GIFT City.

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Nagaland college students'' union warns govt of stir over delay in girls'' hostel project

Published on: May 8, 2026, 6:48 p.m. | Source: Devdiscourse

According to the All Nagaland College Students Union ANCSU, the proposal for the girls hostel was submitted by the Investment and Development Authority of Nagaland IDAN to REC Limited for CSR funding in October 2022 with an estimated cost of Rs 3.53 crore.

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SBI Chairman dismisses funding concerns, cites ₹3 lakh crore excess liquidity to support 17% loan growth

Published on: May 8, 2026, 6:21 p.m. | Source: The Hindu Business Line

SBI Chairman reassures on funding stability, citing ₹3 lakh crore liquidity and strong loan growth amid POS terminal concerns.

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India’s stalled housing projects are slowly reviving through court rulings, funding and new developers

Published on: May 8, 2026, 5:41 p.m. | Source: CNBC TV18

Stalled housing projects across major Indian cities are reviving through court-led resolutions, SWAMIH funding and renewed developer interest, offering relief to thousands of homebuyers.

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SBI Chairman Dismisses Funding Worries; Bank Posts Highest-Ever Annual Profit of ₹80,032 Crore

Published on: May 8, 2026, 5:38 p.m. | Source: Republic World

State Bank of India (SBI) Chairman, Challa Sreenivasulu Setty, on Friday stated that India's largest public sector bank faces no funding challenges, citing an excess Statutory Liquidity Ratio (SLR) of approximately Rs 3 lakh crore available on its balance sheet.

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UPDATE 1-Somalia faces severe malnutrition crisis as WFP warns of aid halt

Published on: May 8, 2026, 5:23 p.m. | Source: Devdiscourse

Somalia faces a severe malnutrition crisis and urgently needs more aid funding ‌to avert a catastrophe, the United Nations World Food Programme said on Friday, warning it may be forced to halt humanitarian support from July without additional financing.

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SBI Chairman dismisses funding concerns, cites Rs 3 lakh crore excess liquidity to support 17% loan growth

Published on: May 8, 2026, 5:15 p.m. | Source: The Tribune

State Bank of India (SBI) Chairman, Challa Sreenivasulu Setty, on Friday stated that India's largest public sector bank faces no funding challenges, citing an excess Statutory Liquidity Ratio (SLR) of approximately Rs 3 lakh crore available on its balance sheet.

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Groundbreaking Malaria Vaccine Study Shows Major Drop in Child Deaths in Africa

Published on: May 8, 2026, 3:46 p.m. | Source: Devdiscourse

Lancet evaluation confirms RTS,S vaccine prevented thousands of deaths in Ghana, Kenya and Malawi as WHO urges urgent funding to expand rollout.

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How an Islamic celebration at waterpark led to funding cut threats in Texas

Published on: May 8, 2026, 1:57 p.m. | Source: Firstpost

A private Eid celebration advertised as ‘Muslims only’ at a Texas waterpark in the US has been cancelled. This came after Governor Gregg Abbott threatened to pull the state funding the facility receives. The event, scheduled to take place on June 1, faced intense backlash with Abott calling it ‘unconstitutional’

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CDMO order inflows pick up in H2FY26 on funding recovery, outsourcing demand

Published on: May 8, 2026, 1:33 p.m. | Source: Moneycontrol

The recovery also indicates a broader shit — innovators are increasingly outsourcing development and manufacturing to specialised CDMOs rather than investing heavily in internal capacity

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IMF Warns AI-Driven Cyber Threats Could Destabilise Global Financial Markets

Published on: May 8, 2026, 1:03 p.m. | Source: Republic World

The International Monetary Fund (IMF) warned that extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets. As artificial intelligence transforms how the financial system manages vulnerabilities, it simultaneously amplifies cyber threats that undermine financial stability whenever offensive capabilities outpace defences.

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Trump cut hantavirus research funding before deadly cruise ship outbreak

Published on: May 8, 2026, 11:51 a.m. | Source: India Today

A deadly Andes hantavirus outbreak on the MV Hondius has triggered contact tracing across several countries. The cases have also renewed scrutiny of a cancelled US-backed study into how the rare virus spreads.

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driven cyber threats could destabilize global financial markets

Published on: May 8, 2026, 11:10 a.m. | Source: The Tribune

The International Monetary Fund (IMF) warned that extreme cyber-incident losses could trigger funding strains, raise solvency concerns, and disrupt broader markets. As artificial intelligence transforms how the financial system manages vulnerabilities, it simultaneously amplifies cyber threats that undermine financial stability whenever offensive capabilities outpace defences.

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Billionaire Ajay Piramal’s shadow bank plans $1 billion foreign debt

Published on: May 8, 2026, 9:09 a.m. | Source: CNBC TV18

Piramal Finance plans up to $1 billion in foreign loans to fuel retail credit growth in India, targeting diversified funding despite rupee weakness.

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IMF warns of 'inevitable' AI-powered threats to world

Published on: May 8, 2026, 1 a.m. | Source: The Economic Times

The International Monetary Fund (IMF) has issued a stark warning regarding the escalating threat of AI-powered cyberattacks to global financial stability. The IMF's analysis indicates that severe cyber incidents could lead to funding difficulties, solvency issues, and widespread market disruptions due to the interconnected financial system and AI's ability to exploit vulnerabilities rapidly.

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Bengal’s return may lift Centre’s job-guarantee, other welfare spendings

Published on: May 8, 2026, 12:40 a.m. | Source: The Financial Express

The Bharatiya Janata Party's (BJP) historic victory in the 2026 West Bengal Assembly elections is set to end a four-year funding deadlock over rural employment.

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Space funding hits record as Skyroot becomes India's first space unicorn

Published on: May 7, 2026, 11:43 p.m. | Source: Business Standard

India's private space sector is witnessing a funding boom, with investments surging after policy reforms opened the industry to private players

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Telangana Govt Releases Rs 375 Crore for Musi Development Project

Published on: May 7, 2026, 11:07 p.m. | Source: Deccan Chronicle

Speeds up Musi rejuvenation works alongside land acquisition and ADB funding

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US sanctions Iraqi oil official and Iran-backed militia leaders over illicit funding

Published on: May 7, 2026, 10 p.m. | Source: Moneycontrol

The United States sanctioned an Iraqi oil official and Iran-backed militia leaders for funding militant activities, as regional tensions persist and fragile hopes for diplomacy and market stability emerge.

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Universal newborn screening scheme approved for Kalyana Karnataka districts

Published on: May 7, 2026, 9:24 p.m. | Source: The Hindu

The Karnataka government has accorded administrative approval to implement universal newborn screening for congenital and metabolic disorders in the Kalyana Karnataka region at a cost of ₹5.58 crore under funding from the Kalyana Karnataka Regional Development Board (KKRDB).

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Neysa Networks considers raising additional funds in light of mega deal proposals

Published on: May 7, 2026, 8:49 p.m. | Source: The Hindu Business Line

Neysa Networks seeks additional funding to support AI growth, GPU expansion, and ambitions to compete with global hyperscalers.

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After LIV Golf withdrawal, Saudi PIF confirms future fate of UFC, WWE and global boxing investments

Published on: May 7, 2026, 8:21 p.m. | Source: Times of India

International Sports News: Saudi Arabia's PIF ends LIV Golf funding, raising concerns about future investments in UFC, WWE, and global boxing. TKO Group reassures commitment to Middle East events amid scrutiny.

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Kalshi valued at $22 billion in latest funding round

Published on: May 7, 2026, 7:54 p.m. | Source: The Economic Times

Kalshi, a prediction market platform, has secured $1 billion in funding. This investment values the company at $22 billion. The platform aims to expand its offerings for hedge funds and asset managers. Institutional trading volume has seen significant growth. Event contracts are poised for substantial market expansion.

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Indian space-tech company Skyroot Aerospace becomes unicorn

Published on: May 7, 2026, 7:41 p.m. | Source: The Hindu

Skyroot Aerospace becomes India's first space-tech unicorn after securing $60 million in funding, preparing for Vikram-1's launch.

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UPDATE 1-Talks with Ukraine on Gripen fighter jet deal are going well, Swedish defence minister says

Published on: May 7, 2026, 7:05 p.m. | Source: Devdiscourse

"Negotiations are ‌ongoing and they're going well," Jonson told a joint press conference with his Ukrainian counterpart Mykhailo Fedorov in Stockholm. Jonson told Reuters he ⁠did not ​rule out ⁠a deal this year. The planes are seen as a priority ⁠for Ukraine's post-war air force fleet but there have been question ​marks about the funding.

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A little concerning for players on Asian Tour: Karandeep Kochhar on LIV Golf funding uncertainty

Published on: May 7, 2026, 6:56 p.m. | Source: Devdiscourse

Indian golfer Karandeep Kochhar on Thursday admitted that uncertainty surrounding LIV Golf-backed funding has become a little concerning for players on the Asian Tour, saying the circuits calendar and prize pool are heavily dependent on the Saudi-backed International Series.

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Karnataka's Tech Industry Surges Ahead Amidst Challenges

Published on: May 7, 2026, 6:01 p.m. | Source: Devdiscourse

Karnataka's tech sector raised USD 868 million in Q1 2026, marking a 7% year-on-year growth despite a 16% quarterly decline. Bengaluru dominated with 98% of funds. Investment strategies favor fewer, larger deals. Early-stage funding increased, while late-stage funding declined. Established companies led the major investment rounds.

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SA Launches Political Funding Journal Ahead of 2026 Local Government Elections

Published on: May 7, 2026, 5:45 p.m. | Source: Devdiscourse

The special edition forms part of a broader national dialogue on political funding frameworks and democratic accountability in South Africa.

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Indian origin investor who bet on Google early is now building India’s first space-tech unicorn: Meet Ram Shriram

Published on: May 7, 2026, 4:17 p.m. | Source: The Financial Express

The funding round on May 7, with Sherpalo Ventures and GIC jointly led $60 million in new funding, propelling Skyroot to unicorn status at a $1.1 billion valuation – more than doubling its 2023 valuation of $550 million.

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Skyroot Soars: India's First Space-Tech Unicorn Reaches New Heights

Published on: May 7, 2026, 4:12 p.m. | Source: Devdiscourse

Skyroot Aerospace, based in Hyderabad, has become India's first space-tech unicorn, reaching a valuation of $1.1 billion after securing nearly $60 million in funding. The investment, led by Sherpalo Ventures and GIC, underscores confidence in the company's innovative orbital-launch solutions and its pioneering Vikram-1 rocket.

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Skyroot Aerospace Becomes India's First Space Tech Unicorn

Published on: May 7, 2026, 4:12 p.m. | Source: NDTV Profit

The funding was provided by Sherpalo Ventures, Singapore's sovereign wealth fund GIC, the founders of Greenko Group and Arkam Ventures, among others.

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Political Allegations: Rajbhar Accuses Akhilesh Yadav Over I-PAC Ties

Published on: May 7, 2026, 3:25 p.m. | Source: Devdiscourse

Om Prakash Rajbhar accused SP's Akhilesh Yadav of collaborating with I-PAC due to funds allegedly linked to a coal scam in West Bengal. SP severed ties with I-PAC citing financial constraints. Rajbhar insists connections exist between I-PAC's funding and the scam. Yadav denies these claims, calling them 'baseless.'

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Infra.Market to raise Rs 500 crore in pre-IPO round at Rs 25,000 crore valuation

Published on: May 7, 2026, 3:18 p.m. | Source: Moneycontrol

The construction-materials platform is expected to bring in a mix of new and existing investors in what is likely to be its final private funding round ahead of a planned Rs 5,000 crore IPO, sources told Moneycontrol.

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ADB Leads $116M Financing Package for Major Wind Power Expansion in Uzbekistan

Published on: May 7, 2026, 2:58 p.m. | Source: Devdiscourse

The $116 million financing package combines funding from multiple international financial institutions and private lenders.

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Bangladesh Recommits to Global Development with New UNDP Core Funding Contribution

Published on: May 7, 2026, 2:57 p.m. | Source: Devdiscourse

Unlike tightly earmarked project funding, core contributions provide UNDP with flexible financial resources that can be directed quickly toward emerging priorities and underfunded crises.

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Tata, JSW Group to invest nearly $1 billion in EV, battery technologies

Published on: May 7, 2026, 2:46 p.m. | Source: Business Standard

Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

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Pronto extends Series B to $45 million at $200 million valuation

Published on: May 7, 2026, 2:31 p.m. | Source: The Hindu Business Line

Pronto raises $45 million in Series B funding, doubling its valuation to $200 million and expanding its service offerings.

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Vobiz raises $1 million seed round led by Piper Serica VC Fund

Published on: May 7, 2026, 2:21 p.m. | Source: The Hindu Business Line

Vobiz secures $1 million seed funding to enhance AI-driven telephony infrastructure and target $5 million ARR.

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Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan

Published on: May 7, 2026, 1:56 p.m. | Source: The Economic Times

Moonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significant investment, led by Meituan's venture arm, highlights strong investor confidence in Chinese AI startups challenging Silicon Valley giants.

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UN sees severe cutbacks: Here’s why people are worried about the organisation’s future

Published on: May 7, 2026, 11:27 a.m. | Source: The Hindu Business Line

Geneva's status as a multilateral hub fades as the UN and agencies cut jobs and relocate due to funding issues.

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Pronto Raises $20 Mn Extension Investment Led By Lachy Groom; Valuation Doubles To $200 Mn

Published on: May 7, 2026, 11:27 a.m. | Source: Outlook Business

With the latest fundraise, the company has closed its Series B funding round at $45 million, doubling its valuation to $200 million in about a month

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How the Iran War is draining Wall Street tech funding

Published on: May 7, 2026, 11:04 a.m. | Source: ThePrint

A 'disappearing' flow of Middle Eastern dollars could force American AI giants into risky debt as Gulf capital pivots to domestic needs.

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Skyroot becomes India's first space unicorn at $1.1 billion ahead of Vikram-1 launch

Published on: May 7, 2026, 10:56 a.m. | Source: India Today

Skyroot Aerospace has raised nearly $60 million, taking its valuation to $1.1 billion ahead of the Vikram-1 launch. The funding underscores investor interest in India’s private space sector as the company prepares its first orbital mission.

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Zealand Pharma Surprises with Smaller Loss and Bold $200M Share Buyback

Published on: May 7, 2026, 10:54 a.m. | Source: Devdiscourse

Zealand Pharma exceeded market expectations in Q1 with a reduced operating loss, citing robust obesity drug pipeline progress. The company announced a $200 million share buyback and confirmed its future funding strength, partly due to an anticipated $700 million from Roche by 2026.

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Anticipation Turns to Disappointment: Locked Gates and Unmet Hopes at TVK Gathering

Published on: May 7, 2026, 10:40 a.m. | Source: Devdiscourse

Supporters of TVK leader Vijay, hoping to see him become chief minister, were left disappointed as they gathered at a locked Nehru Indoor Stadium without information on the day's events. Despite the setback, attendees expressed unwavering support, citing Vijay's funding independence as a reason for their trust.

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Geneva's Multilateral Legacy Faces Uncertain Future Amid U.N. Cutbacks

Published on: May 7, 2026, 10:34 a.m. | Source: Devdiscourse

Geneva, home to a significant number of global organizations, is facing challenges due to funding cuts and a shift away from multilateralism. The U.N., among others, is reducing its presence, affecting jobs and Geneva's status as a hub for international diplomacy. Various agencies are relocating or downsizing.

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Pronto Doubles Valuation with New Series B Funding

Published on: May 7, 2026, 10:30 a.m. | Source: Devdiscourse

Pronto, an instant household services platform, raised an additional USD 20 million led by Lachy Groom. This brings its total Series B funding to USD 45 million, doubling its valuation to USD 200 million. The company plans to expand in current cities and add new service categories.

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Skyroot becomes India’s first spacetech unicorn with $60 million funding ahead of Vikram 1 launch

Published on: May 7, 2026, 10:22 a.m. | Source: Business Today

The funding round was co-led by Sherpalo Ventures and Singapore’s sovereign wealth fund GIC, with participation from funds managed by BlackRock, the founders of Greenko Group, Arkam Ventures, Playbook Partners, Shanghvi Family Office and other investors.

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Pronto raises $20 million from Lachy Groom in extended funding round, valuation doubles to $200 million

Published on: May 7, 2026, 6:02 a.m. | Source: Moneycontrol

The fresh capital will be used primarily to scale worker supply, deepen operational infrastructure and expand service density across existing markets, founder Anjali Sardana told Moneycontrol.

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stage tech draws VC interest across aviation, biotech, precision manufacturing

Published on: May 7, 2026, 6 a.m. | Source: The Economic Times

Investors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away from large commitments. While growth-stage funding remains subdued, several significant rounds are reportedly in the pipeline, signalling a potential shift as the Indian deeptech ecosystem matures.

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Banks seek promoters' skin in the game for Vodafone Idea funding

Published on: May 7, 2026, 12:35 a.m. | Source: Business Standard

Banks seek guarantees from group companies, capital infusion commitment in case of default

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Trump says bigger White House ballroom still "under $400M," critics call it costly upgrade

Published on: May 6, 2026, 11:48 p.m. | Source: CNBC TV18

Donald Trump defends ballooning ballroom costs as necessary expansion, while critics question taxpayer role and timing amid proposed $1 billion security funding boost.

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Brokers' forum seeks RBI relaxation on proprietary trade funding curbs

Published on: May 6, 2026, 11:09 p.m. | Source: Livemint

The brokers clarified to the RBI that proprietary traders don't speculate, but impart liquidity to the markets by offering two-way quotes—a buy quote for sellers, and a sell quote for buyers. This is akin to market-making.

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Campus at Crossroads: Nationalists vs Ultra-Left at Jadavpur University

Published on: May 6, 2026, 10:30 p.m. | Source: Devdiscourse

A BJP-affiliated employees' group at Jadavpur University championed nationalist control over the campus, targeting ultra-Left student elements and criticizing the previous state government. The gathering emphasized nationalist ideals at the university while addressing funding issues and accusing vice chancellors of political bias.

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Bihar's Strategic Development Boost: Loans, Urbanization, and Infrastructure

Published on: May 6, 2026, 9:17 p.m. | Source: Devdiscourse

The Bihar Cabinet approved a Rs 4,717 crore World Bank loan for urban development. Other decisions include funding electric buses, road maintenance, renaming a medical college, Ganga erosion projects, land transfers for various institutions, and extending BIT Mesra and financial commissions.

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India, EU pitch for joint initiative to strengthen EV battery recycling

Published on: May 6, 2026, 9:02 p.m. | Source: The Economic Times

India and the European Union have launched a new initiative to recycle electric vehicle batteries. This joint effort aims to secure raw materials and promote a circular economy. A funding pool of 15.2 million euro will support advanced recycling technologies and pilot projects in India. The program will bring together researchers, industries, and startups to develop innovative solutions.

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MochaTrade raises funding to offer global access to US perpetual futures

Published on: May 6, 2026, 7:56 p.m. | Source: The Economic Times

MochaTrade raised pre-seed funding from Y Combinator and Pioneer Fund to build a regulated platform offering perpetual futures on US stocks, indices and commodities. The app aims to simplify global access, enabling leveraged trading with real-time settlement and broader market participation

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Met Police Launches Community Protection Team to Combat Antisemitic Hate Crimes

Published on: May 6, 2026, 7:53 p.m. | Source: Devdiscourse

The Metropolitan Police has introduced a Community Protection Team with 100 officers to address the rise in antisemitic hate crimes in London. This strategic move aims to provide a robust, intelligence-led policing model to safeguard Jewish communities, supported by government funding and long-term investment appeals.

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DeepSeek could be valued at up to $50 billion in first fundraising: Sources

Published on: May 6, 2026, 7:44 p.m. | Source: The Economic Times

Chinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to raise three to four billion dollars. This move comes as DeepSeek faces stiff competition from rivals. The national AI fund and tech giant Tencent are reportedly in talks to invest.

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Pussy Riot and FEMEN Shake Venice Biennale with Fiery Protest

Published on: May 6, 2026, 7:09 p.m. | Source: Devdiscourse

Pussy Riot joined Ukrainian FEMEN activists at the Venice Biennale to protest Russia's pavilion amid controversial participation due to the Ukraine invasion. With vibrant smoke and masked faces, protesters highlighted their stance against Putin. Russia's inclusion cost the fair EU funding, sparking broader criticism and prize jury resignations.

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Scholarships After Class 12 in 2026: Complete Guide to Government Schemes, Private Exams and How to Secure Funding Fast

Published on: May 6, 2026, 6:30 p.m. | Source: The Tribune

New Delhi [India], May 6: With Class 12 results around the corner, one question matters more than anything else: how will you afford college without putting financial pressure on your family? The good news is that 2026 offers more scholarship opportunities than ever before--from government-funded schemes to merit-based private entrance tests and university fee waivers. The difference between students who secure these benefits and those who miss out is simple: awareness and timing. This guide breaks down the most relevant scholarships, eligibility criteria, and exactly how you can apply before deadlines close.

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Social Security is getting a $100,000 cap, and millions of Americans need to know this right now - are you affected?

Published on: May 6, 2026, 6:23 p.m. | Source: The Economic Times

A Social Security benefits cap is gaining urgency as new data warns the trust fund could be depleted by 2032. This $100,000 Social Security benefits cap proposal targets high-income retirees and aims to fix a growing funding gap. Experts say benefits could drop by nearly 28% without reform. The plan limits annual payouts while protecting most Americans today. Yet its long-term impact raises deeper questions about fairness and trust. The Social Security benefits cap may look small now, but it signals a bigger shift in how retirement security works in the United States.

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Israel's Mashav Proposes Water Resource Museum In Andhra Pradesh

Published on: May 6, 2026, 6:03 p.m. | Source: Deccan Chronicle

Amsalem expressed readiness to extend support, including potential funding, for setting up a dedicated Water Resource Museum or Innovation Centre in Andhra Pradesh.

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Palghar Zilla Parishad Suspends Classes 9-10 in 57 Schools; Over 6,500 Students Affected

Published on: May 6, 2026, 5:56 p.m. | Source: Times Now

Palghar Zilla Parishad has suspended Classes 9-10 in 57 schools due to funding and legal issues, affecting 6,500 students, with concerns rising over dropouts., Education, Times Now

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Mumbai Special Court Rejects Discharge in Maoist Funding Case; UAPA Charges Framed

Published on: May 6, 2026, 5:55 p.m. | Source: The Indian Express

The special court has cleared the way for a UAPA trial against eight men accused of raising funds for the banned CPI (Maoist).

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Trump's Ballroom Costs Double Amid Funding Debate

Published on: May 6, 2026, 5:54 p.m. | Source: Devdiscourse

U.S. President Donald Trump defends the rising cost estimates for his planned White House ballroom, now projected under $400 million, double the initial $200 million. While private donations were initially intended to cover costs, a Senate proposal suggests $1 billion in taxpayer funds for Secret Service security, including the ballroom.

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Samajwadi Party has ended contract with I-PAC due to fund constraints: Akhilesh Yadav

Published on: May 6, 2026, 5:36 p.m. | Source: The Hindu

Samajwadi Party cuts ties with I-PAC due to funding issues, dismissing election outcome speculations, says Akhilesh Yadav.

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Buddy4Study Celebrates Scholars' Day, Disbursing INR 900 Crore in Scholarships

Published on: May 6, 2026, 5:09 p.m. | Source: Devdiscourse

Buddy4Study, India's leading AI-powered educational funding platform, reached a milestone at its 4th Annual Scholars Day by distributing over INR 900 crore in scholarships to 1.70 lakh students since 2011. The event gathered policymakers, scholars, educators, and CSR leaders to discuss empowering students through financial aid and mentorship.

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London police form 100 officers unit to protect Jewish community amid rise in antisemitic attacks

Published on: May 6, 2026, 3:51 p.m. | Source: Times of India

UK News: The Metropolitan Police has established a new 100-officer unit dedicated to protecting the Jewish community in London amid increasing antisemitic incidents, including arson and stabbings. This initiative is part of a £25 million government funding package aimed at enhancing community safety and addressing hate crimes.

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Funding Woes: Samajwadi Party Ends Ties with I-PAC

Published on: May 6, 2026, 3:39 p.m. | Source: Devdiscourse

Akhilesh Yadav, president of the Samajwadi Party, announced on Wednesday that the party has severed its association with the Indian Political Action Committee (I-PAC) due to financial constraints. Contrary to speculations, he clarified that the decision wasn't influenced by recent election outcomes.

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Norway's Generous Support: Billions for Ukraine's Defense

Published on: May 6, 2026, 2:13 p.m. | Source: Devdiscourse

Norway is set to contribute 2.8 billion crowns, approximately $301.96 million, to Ukraine as part of a NATO initiative aimed at addressing the country's defense needs. This funding is aligned with NATO's Prioritised Ukraine Requirements List (PURL), as announced by the Norwegian government.

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Uganda's Sovereignty Bill Aims to Tackle Foreign Influence

Published on: May 6, 2026, 1:42 p.m. | Source: Devdiscourse

Uganda's parliament passed the 'Protection of Sovereignty Bill' to limit foreign influence, especially in political funding. The bill penalizes unauthorized foreign policy involvement and softens rules on foreign funding disclosure after economic concerns. Rights groups fear it could suppress opposition. The bill awaits President Museveni's approval.

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Why India has produced only nine Nobel laureates

Published on: May 6, 2026, 1:24 p.m. | Source: India Today

Rudrangshu Mukherjee argues that India's low Nobel tally cannot be explained by Western bias alone. He points instead to rote learning, weak research funding and a transactional education culture.

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The Birla Factor: Why Kumar Mangalam Birla's Return Could Be Vi's Turning Point

Published on: May 6, 2026, 1:24 p.m. | Source: Outlook Business

Kumar Mangalam Birla’s return as non-executive chairman of Vodafone Idea (Vi) marks a potential turning point for the embattled telco. With AGR dues cut by 27%, easing cash flow pressure, Vi is chasing fresh bank funding, a $5 billion capex plan, 5G rollout and a path back to growth in India’s fiercely competitive telecom market.

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NPS Swasthya explained: How it compares with regular health insurance policies

Published on: May 6, 2026, 1:07 p.m. | Source: The Economic Times

NPS Swasthya is a PFRDA-backed pilot healthcare funding facility launched under the sandbox framework for NPS subscribers. It allows users to withdraw a portion of their retirement savings to pay for medical expenses such as hospitalisation, diagnostics, pharmacy and dental care. Payments are made directly to hospitals or through TPAs, helping users arrange funds quickly during emergencies. What is NPS Swasthya and how does it work?

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Gnani.ai hires senior executives across BFSI, product and AI delivery after $10 million funding

Published on: May 6, 2026, 12:17 p.m. | Source: Business Today

The Bengaluru-based company has brought in Rajesh Pantina as vice president of marketing, Om Joshi as senior director for product marketing and client solutions and Ankur Agrawal as vice president and general manager for international and strategic partnerships.

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US wants 'concrete actions' on Iran from next Iraqi PM

Published on: May 6, 2026, 11:32 a.m. | Source: The Economic Times

America wants Iraq's new prime minister, Ali al-Zaidi, to take clear steps. These steps must separate the Iraqi state from Iran-backed armed groups. Only then will financial shipments and security aid resume. The US wants militias out of state institutions and their funding cut. This is crucial for rebuilding trust and support.

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Buddy4Study Achieves INR 900 Crore Funding Milestone With 1.70 Lakh Scholars

Published on: May 6, 2026, 11:30 a.m. | Source: News18

Buddy4Study Achieves INR 900 Crore Funding Milestone With 1.70 Lakh Scholars

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Vivek Ramaswamy: From Biotech Billionaire to Ohio Gubernatorial Front-runner

Published on: May 6, 2026, 10:04 a.m. | Source: Devdiscourse

Indian-origin Republican Vivek Ramaswamy clinches the GOP nomination for Ohio Governor, facing Democrat Amy Acton in November. Backed by Donald Trump, Ramaswamy's campaign boasts significant funding, positioning him as a formidable contender. His past role in national politics and strong local support are vital assets as the race progresses.

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Yosemite viral X post sparks debate over USD 100 fee for tourists

Published on: May 6, 2026, 8:48 a.m. | Source: News18

Yosemite National Park fee debate, viral X post over USD 100 charge for non US visitors sparks global discussion on fairness, tourism and park funding

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AI funding war heats up: OpenAI’s $4 billion raise draws instant counter from Anthropic

Published on: May 6, 2026, 8:47 a.m. | Source: Firstpost

OpenAI’s $4 billion fundraise and Anthropic’s rapid Wall Street-backed counter mark a new phase in the AI race, with both firms shifting focus from model building to large-scale enterprise deployment

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Centre clears Haryana’s AI hubs in Gurugram, Panchkula

Published on: May 6, 2026, 8:37 a.m. | Source: Hindustan Times

₹40-crore project will follow a 40:40:20 funding model with support from MeitY, Haryana government and industry partners.

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Funding curbs on prop traders: Brokers forum to meet RBI today

Published on: May 6, 2026, 7:45 a.m. | Source: Livemint

The Association of NSE Members of India is seeking relaxation of an imminent bar on bank funding to proprietary firms for trading on capital markets from 1 July

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Cameron Smith Confident in LIV Golf's Future Beyond 2026 Funding Cut

Published on: May 6, 2026, 7:31 a.m. | Source: Devdiscourse

Cameron Smith remains optimistic about the future of the LIV Golf tour despite Saudi Arabia's Public Investment Fund pulling support after 2026. Smith, a major figure in the tour, assured reporters of plans to continue the series, with incoming private and high-net-worth investors expressing interest.

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