While urban quick-commerce struggles to expand outward, specialized rural e-commerce startups like Rozana and VilCart are scaling across India, using trust-based, local networks to draw millions in venture funding.
US CDC activates $107 million in emergency funding for Ebola response
Published on: June 18, 2026, 11 p.m. | Source:
Devdiscourse
The US CDC is allocating $107 million in emergency funding to bolster its response to the growing Ebola outbreak in the Democratic Republic of Congo and Uganda.
Karo Sambhav raises ₹56 crore from Rainmatter to expand critical mineral recovery from e
Published on: June 18, 2026, 8:59 p.m. | Source:
CNBC TV18
Circular economy and recycling company Karo Sambhav has raised ₹56 crore in a Pre-Series A funding round led by Rainmatter, Zerodha’s investment initiative focused on sustainability and climate-linked ventures.
SEBI proposes allowing NCDs for MTF funding, expands broker funding limits; retains higher margin for cash-funded trades
Published on: June 18, 2026, 8:50 p.m. | Source:
Moneycontrol
SEBI has proposed a comprehensive overhaul of the Margin Trading Facility (MTF) framework, allowing brokers to raise funds through non-convertible debentures (NCDs), increasing the minimum net worth requirement for brokers to fixing operational issues.
The International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Navi Mumbai and Chennai. These facilities will be AI-ready and energy-efficient. The investment supports India's growing digital needs and expansion of its data centre capacity. This move is set to boost India's digital transformation and infrastructure.
SEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs to offer MTF, and expanding funding avenues. These changes aim to enhance operational efficiency and strengthen risk management for brokers.
Architect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the design of custom chips. This innovation aims to reduce the current two-year timeline and multi-million dollar costs associated with chip development. Architect Labs plans to assist both chip manufacturers and software firms in creating more efficient applications through custom hardware.
Published on: June 18, 2026, 5:49 p.m. | Source:
Lokmat Times
Pune-Bengaluru Green Highway Approval Delayed? ₹50,000 Crore Project Faces Funding Hurdles - The proposed Greenfield Highway will begin from the Pune Ring Road and pass through parts of Satara and Sangli districts before directly connecting to Bengaluru. The project, estimated to cost around ₹40,000 to ₹50,000 crore, is among the 25 green highways planned across the country. Under the Bharatmala initiative, around 20,000 acres of land will be required for acquisition. Although the detailed project report has been prepared, the proposal is still awaiting approval from the central government. The delay has raised questions over the future timeline of the highway’s construction. Get Latest News on Maharashtra only on lokmattimes.com
Digital entertainment firm Rusk Media has secured Rs 100 crore in a funding round. Nazara Technologies led the investment with participation from InfoEdge Ventures, IvyCap Ventures, and Audacity VC. The capital will fuel expansion in content, platforms, and technology. Rusk Media plans to integrate artificial intelligence to enhance production and scale its intellectual properties globally.
NBFCs remain well placed as rate hike fears ease: Piramal Finance MD
Published on: June 18, 2026, 3:25 p.m. | Source:
CNBC TV18
Jairam Sridharan, Managing Director of Piramal Finance, said domestic debt markets are becoming more accessible for NBFCs as banks tap alternative funding sources.
Bicycle Capital and Group 11 led the round, which nearly tripled its valuation from $1 billion in February 2025, Dream co-founders Shalev Hulio and Sebastian Kurz said in an interview. Other investors include Bain Capital Ventures, Antler and Tru Arrow Partners.
Uttar Pradesh Chief Minister Yogi Adityanath announced significant development plans for Unnao. A rapid rail corridor connecting Lucknow and Kanpur via Unnao is planned. An outer ring road will link Lucknow, Unnao, and other nearby districts. These projects aim to foster widespread development and create employment opportunities. The Chief Minister assured continued progress and funding for Unnao's development.
Pharmac Working Group Ends After Year of Patient-Focused Change
Published on: June 18, 2026, 2:09 p.m. | Source:
Devdiscourse
Associate Health Minister David Seymour said the Consumer and Patient Working Group played an important role in creating a stronger connection between Pharmac and the people affected by its funding decisions.
The Face of Judith Leiber: How Vanessa Getty Turned Four Ad Campaigns Into Funding for Bay Area Animal Welfare
Published on: June 18, 2026, 1:50 p.m. | Source:
Daily Excelsior
[Note: retitled from 'How Vanessa Getty Organized a Judith Leiber Ad Campaign...' per client correction — she didn't organize the campaign; the house asked her to front it.] When Judith Leiber went looking for the face of its advertising,...
Rusk Media has secured Rs 100 crore in a Pre-Series C funding round led by Nazara Technologies, with participation from Info Edge Ventures, IvyCap Ventures, and Audacity VC. The capital will fuel content expansion, scale its Alright! TV platform, and advance AI-powered production technologies.
India is negotiating with the World Bank and Asian Development Bank for around $2.5 billion in funding to support urban infrastructure and job creation. The loans come as higher oil import costs linked to Middle East tensions strain fiscal resources and widen the budget gap early in the financial year
Edtech funding revival offers hope, but sector still faces a long road ahead
Published on: June 18, 2026, 1:14 p.m. | Source:
Livemint
Investments into the country's edtech firms surged to $178 million in the first half of calendar 2026 from $73.3 million in the same period last year. This is also higher than $155 million raised in entire 2025, according to data intelligence platform Tracxn.
Published on: June 18, 2026, 1:08 p.m. | Source:
NDTV.com
Senior Congress leader and former Rajya Sabha MP Husain Dalwai called for a comprehensive and independent inquiry into the sources of funds received by the RSS and the manner in which those funds are utilised.
PMRC Scheme 2026 explained: Eligibility, last date, funding, research areas and how to apply
Published on: June 18, 2026, 11:49 a.m. | Source:
Business Today
The programme focuses on 13 strategic sectors, including artificial intelligence, semiconductors, cybersecurity, healthcare, biotechnology, climate change and advanced manufacturing
India taps World Bank, ADB for $2.5 billion infrastructure spend
Published on: June 18, 2026, 11:28 a.m. | Source:
Moneycontrol
The proposed funding from the World Bank and ADB is expected to support urban infrastructure and job creation as higher oil-linked subsidy costs pressure government spending.
Published on: June 18, 2026, 11:28 a.m. | Source:
scanx.trade
Former House Speaker Nancy Pelosi criticized President Trump for exiting the Obama-era Iran nuclear deal, claiming it led to war, higher fuel prices, and a costly new agreement. Trump defended a new $300 billion private investment fund framework with Iran, denying it uses taxpayer money, while political figures from both parties expressed concerns over the deal's implications and funding structure.
Daveigh Chase passes away at 35; former manager claims boyfriend’s funding page is false
Published on: June 18, 2026, 11:07 a.m. | Source:
Times of India
Daveigh Chase, the beloved actress known for her role in 'Lilo and Stitch,' has passed away at 35 due to meningitis complications, leading to controversy over her boyfriend's fundraising page, which her family claims is misleading.
JBM Ecolife Mobility, JBM Auto's electric mobility arm, secured ₹900 crore from Motilal Oswal Private Credit via debt and equity. This funding will bolster its electric bus expansion, enabling participation in tenders and execution of contracts. The capital infusion is projected to scale the platform to nearly 5,000 buses from its current 2,000.
Angel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, has fully exited its stake. The deal aims for a $3 billion valuation, though some investors are pushing back on pricing.
Coal linkage, funding woes delay UP’s 3,200 mw power expansion
Published on: June 18, 2026, 5:30 a.m. | Source:
Hindustan Times
“The biggest bottleneck is coal linkage. The coal source that Coal India Ltd has offered is expensive. We want the rearrangement of coal allocation from a cheaper source,” says UPRVUNL director
‘Where is 300b coming from?’: Thomas Massie shows how the sum compares to Congress budget amid Iran deal
Published on: June 18, 2026, 4:23 a.m. | Source:
Hindustan Times
Iran deal includes a $300B reconstruction fund with no funding source clearly disclosed. Thomas Massie compares it to a year of US Congress' road budget.
India's D2C ecosystem faces a shift as rising global interest rates and selective venture capital reshape funding, emphasizing profitability and brand equity for sustainable growth and founder evolution.
Trump administration to pay $765 million to scrap four more offshore wind leases
Published on: June 18, 2026, 12:24 a.m. | Source:
Devdiscourse
The Trump administration agreed to pay $765 million to Invenergy to cancel four offshore wind leases, instead funding natural gas and geothermal projects in the US.
AI lab Odyssey has secured $310 million in a funding round. This investment values the company at $1.45 billion. Natural Capital led the Series B round. Amazon, AMD Ventures, GV, EQT, and IQT also participated. Odyssey is developing AI systems that learn to predict and interact with the world. The field is advancing rapidly.
Digvijaya backs Priyank Kharge call for RSS funding disclosure, says he'd written to Bhagwat, Nirmala too
Published on: June 17, 2026, 9:57 p.m. | Source:
ThePrint
The senior Congress leader says he has been asking the same questions of the RSS for a long time. ‘In a democracy, no institution can be above questions and accountability.’
Advanced Robotic & Laparoscopic Cancer Surgery by Dr. Aditya Manke — expert care with faster, safer recovery. Specialist in GI, HPB, and complex cancer surgeries, delivering precision treatment with c
The funding is expected to support a range of projects including Ahmedabad Metro Rail Phases 2 and 3, expressways, sports infrastructure and the development of Dholera as a greenfield smart city
Ukraine working on additional $20 billion military aid from allies, defence minister says
Published on: June 17, 2026, 9:24 p.m. | Source:
Devdiscourse
Ukraine is seeking an additional $20 billion in military funding from its allies to support its ongoing conflict with Russia, citing a need for improved aid quality and supplies.
Mumbai Railway Vikas Corporation (MRVC) has sought ₹200 crore equity infusion from the Maharashtra and Central governments to support railway projects worth ₹64,644 crore. The proposal includes raising authorised capital to ₹500 crore and paid-up capital to ₹225 crore. The Centre has approved its share, while Maharashtra’s nod is awaited for the 51:49 funding structure.
Published on: June 17, 2026, 7:25 p.m. | Source:
Times of India
Ludhiana joins AMRUT 2.0 heat-resilience pilot with ₹5 crore funding to curb Urban Heat Island via cool roofs, urban forests, cooling shelters and heat mapping.
Iran's deal with the U.S. is expected to boost Hezbollah's finances and political standing in Lebanon. Tehran has promised more funding to its ally once assets are unfrozen. This infusion could help Hezbollah recover from war losses and challenge Israel. The agreement aims to halt hostilities, including in Lebanon. Hezbollah's position is strengthened, while Lebanon's government faces challenges. The U.S.
The Timothy Initiative routed foreign funds into India using US bank debit cards, withdrawing cash through ATMs across Karnataka, Chhattisgarh, and Assam, in violation of the FEMA and the FCRA, according to the Enforcement Directorate
A major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost aims to scale up vital climate solutions. Anthropic has joined the initiative as a new participant. The coalition plans to make focused investments through long-term contracts. These efforts are crucial for offsetting emissions from hard-to-abate sectors.
Advanced Robotic & Laparoscopic Cancer Surgery by Dr. Aditya Manke — expert care with faster, safer recovery. Specialist in GI, HPB, and complex cancer surgeries, delivering precision treatment with c
A parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning with the National Education Policy-2020. The committee noted a lack of significant growth in enrollment ratios. The government stated allocations are based on departmental needs and within budget ceilings.
Activists Demand Repeal of VB-G RAM G, Announce Nationwide Protest on July 1
Published on: June 17, 2026, 5:45 p.m. | Source:
Outlook India
Activists and workers’ unions have announced nationwide protests from July 1 demanding repeal of the VB-G RAM G rural employment law, alleging it weakens MGNREGA, centralises power with the Centre, underfunds the promised 125 days of work and leaves states facing massive funding gaps and declining job days for rural workers.
Investors underestimate benefits of real estate sector's shift to fee
Published on: June 17, 2026, 3:48 p.m. | Source:
The Tribune
The report said Asia's real estate giants 'CapitaLand Investment', 'Keppel' and 'Hongkong Land' are moving away from traditional real estate businesses that require large amounts of capital and balance sheet funding, and are increasingly focusing on 'fee-based and asset-light fund management models'.
The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of problems that included a brazen $100-million jewellery heist. Home to iconic pieces of art including Leonardo da Vinci's "Mona Lisa", the Louvre is the world's most visited museum, receiving around nine million visitors a year.
NZ Expands Wasp Control Programme With $2 Million Funding Boost
Published on: June 17, 2026, 3 p.m. | Source:
Devdiscourse
Conservation Minister Tama Potaka announced the funding boost through the International Visitor Conservation and Tourism Levy (IVL), allowing the Department of Conservation’s Wasp Wipeout programme to operate nationwide for the first time.
NZ Reviews Fire and Emergency Funding Model as Service Demands Change
Published on: June 17, 2026, 2:58 p.m. | Source:
Devdiscourse
Minister van Velden said the expanded mandate has created a reasonable debate about whether people paying the levy are carrying a fair share of the costs for services that benefit the wider public.
UN food aid agency gets $800 million grant from US after funding cuts
Published on: June 17, 2026, 2:23 p.m. | Source:
Devdiscourse
The United Nations World Food Programme has welcomed an $800 million contribution from the United States to combat global hunger, which is at record levels.
HDFC Bank Lands Tightest-Ever Spread On Its Dollar Bond
Published on: June 17, 2026, 1:34 p.m. | Source:
NDTV Profit
The issuance comes after recent measures by India's central bank to attract foreign capital, including aconcessional swap facilityfor lenders and state-run firms. The facility helps banks to access lower-cost funding at a time when credit growth continues tooutpacedeposit mobilization.
Chief Minister V D Satheesan, however, qualified the policy decision by stating that it was being done not out of conviction but out of compulsion..PM SHRI Kerala, Kerala education policy, Chief Minister V D Satheesan, Sarva Shiksha Abhiyan funds, Centre-State education agreement, Kerala curriculum framework, National Education Policy 2020 Kerala, UDF government Kerala, LDF government Kerala, PM SHRI project conditions, educational funding Kerala, state autonomy in education, Kerala schools upgrade, Sarva Shiksha Abhiyan Kerala, PM SHRI scheme implementation
24 Debit Cards, Rs 95 Cr 'Terror Financing': ED Uncovers Maoist Funding Racket-Linked To US-Based Firm
Published on: June 17, 2026, 1:17 p.m. | Source:
Times Now
The Karnataka Police has filed a case under the UAPA against a US-based missionary, Micah Mark, who was detained at Bengaluru airport in March for carrying 24 foreign debit cards. , India News, Times Now
ContraVault AI raises USD 3.1M led by Chiratae Ventures with Titan Capital Winners Fund to build the future of AI
Published on: June 17, 2026, 1:08 p.m. | Source:
The Tribune
Bengaluru (Karnataka) [India], June 17: ContraVault AI, a procurement intelligence platform helping infrastructure companies make faster and smarter bidding decisions, today announced that it has raised US$ 3.1 million in a Pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital Winners Fund.
IIM Bangalore gets Tata Trusts backing to build world
Published on: June 17, 2026, 1:02 p.m. | Source:
CNBC TV18
IIM Bangalore receives major Tata Trusts funding for a new undergraduate campus in Bengaluru, launching data and economics focused BSc programmes this August
Circle rate vs market value: the hidden factor that can make or break your home loan
Published on: June 17, 2026, 10:53 a.m. | Source:
Livemint
A property's sale price, circle rate and lender valuation often differ. Understanding the gap can help buyers avoid funding shortfalls, tax surprises and last-minute loan rejections.
China's DeepSeek closes over $7 billion funding with unusual deal structure: Report
Published on: June 17, 2026, 10:35 a.m. | Source:
The Hindu
DeepSeek has raised more than 50 billion yuan ($7.40 billion) at a valuation exceeding $50 billion in its first funding round, using a structure designed to preserve founder control, the Information reported
One Name, 23 Debit Cards, Rs 95 Crore: ED Probes Cross-Border Funding Network Linked To US-Based NGO
Published on: June 17, 2026, 9:57 a.m. | Source:
News18
Investigators claim the operation relied on debit cards issued by Truist Bank, USA, which were distributed in India to individuals who were not the actual account holders.
DRC’s Ebola Outbreak: A new crisis gives old lessons fresh urgency
Published on: June 17, 2026, 9:40 a.m. | Source:
Devdiscourse
Ebola preparedness cannot remain reactive. Emergency teams, temporary funding, and international attention usually arrive after an outbreak is declared. However, the systems that prevent a spillover from becoming a crisis must exist before the first case is confirmed.
Federal agents have foiled a major terror plot targeting a UFC event held on the White House lawn. Five individuals are in custody. The alleged plan involved explosive drones and snipers aimed at fleeing politicians. Authorities uncovered the conspiracy after a concerned mother reported her son's suspicious activities. The investigation is ongoing to identify potential accomplices and funding sources.
Regional Plan 2041 proposes 4 greenfield cities along RRTS
Published on: June 17, 2026, 4:26 a.m. | Source:
Hindustan Times
Four greenfield cities in NCR, one each from Delhi, Haryana, UP, and Rajasthan, proposed to support urban growth with ₹5,000 crore funding over five years. | Latest News Delhi
US-Iran peace deal terms to include $300b funding, key Strait of Hormuz reopening pact: Report
Published on: June 17, 2026, 12:16 a.m. | Source:
Hindustan Times
Saudi-owned Al Arabiya News claims the US-Iran peace deal would reopen the Strait of Hormuz within 30 days and include a $300B plan to boost Iran’s economy. | World News
Union Minister of State Pabitra Margherita visited Kohima as part of NDA’s 12-year governance outreach, taking part in Pragati Path Yatra, plantation and cleanliness drives, and Viksit Bharat meetings. He highlighted Northeast development, citing rail and medical college projects and increased central funding, while showcasing government achievements and engaging stakeholders.
SpaceX's record IPO highlights how global capital is gravitating towards US tech giants, raising concerns over funding, innovation and market depth elsewhere
Karnataka is developing a dedicated support framework for its biotechnology sector, encompassing funding, mentoring, and regulatory guidance to boost startups and growth capital access. Key focus areas for the next phase of growth include AI-enabled biotechnology and biomanufacturing, aiming to strengthen the state's innovation and investment ecosystem.
From Iran to Ukraine: Trump outlines hardline diplomatic stance at G7 talks
Published on: June 16, 2026, 8:41 p.m. | Source:
Moneycontrol
At the G7 Summit, Donald Trump outlined positions on Iran, Israel, Ukraine, and the Strait of Hormuz, stressing no US funding for Iran and urging diplomatic solutions to global conflicts.
Turtlemint bets on AI transformation as IPO values firm well below 2022 peak
Published on: June 16, 2026, 8:24 p.m. | Source:
Livemint
Insuretech platform Turtlemint is launching its IPO at roughly $475 million, about half its 2022 funding valuation, to raise ₹883 crore in a market that has seen few tech listings in recent months.
Shun arrogance, follow law: Priyank Kharge doubles down on RSS transparency demand
Published on: June 16, 2026, 7:09 p.m. | Source:
India Today
Priyank Kharge has asked the RSS to follow the law and clarify its legal status after Mohan Bhagwat rejected calls for registration. The exchange has widened into a debate over public accountability, funding disclosures and the Sangh's claim to cultural status.
MP cabinet approves various proposals totalling Rs 24,500 cr, revises Indore Metro Rail cost
Published on: June 16, 2026, 6:49 p.m. | Source:
ThePrint
Bhopal, Jun 16 (PTI) The Madhya Pradesh cabinet on Tuesday approved proposals totalling Rs 24,200 crore for infrastructure development and public welfare, and also gave the nod for a revised budget of Rs 19,472.29 crore, including additional funding, for the Indore Metro Rail Project. The cabinet, chaired by Chief Minister Mohan Yadav, approved the constitution […]
The Competition Commission of India (CCI) has approved Kedaara Capital’s Rs 750 crore investment in Axis Finance. The deal marks Axis Finance’s first funding from an external investor and its largest primary capital raise, strengthening the non-banking finance company’s growth plans.
India's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant primary capital raise for Axis Finance, its largest to date. It is also the first time the non-banking financial company has secured funding from an external investor.
Four New Greenfield ‘Namo Cities’ Approved Under NCR Regional Plan 2041 to Decentralise Urban Sprawl
Published on: June 16, 2026, 6:08 p.m. | Source:
Republic World
The National Capital Region Planning Board has approved the development of four new greenfield smart cities, called ‘Namo Cities,’ to manage rising urbanisation. A ₹5,000 crore competitive funding model will select the final locations across Haryana, Uttar Pradesh, and Rajasthan.
JSW Realty Seeks $169 million from Tata Capital for Mumbai Project
Published on: June 16, 2026, 5:45 p.m. | Source:
Outlook Business
JSW Realty is in talks with Tata Capital to secure a $169 million loan for a prime Mumbai office project near Bandra business district. Learn how this funding plan, alongside JSW’s high-value Malabar Court and Taj Villa redevelopment projects, could reshape South Mumbai’s luxury real estate landscape.
Make your salary-based personal loan work for you: 5 smart borrowing tips for fixed-income earners
Published on: June 16, 2026, 3:32 p.m. | Source:
Livemint
Fast access to credit is reshaping borrowing as salary-based personal loans offer flexible funding and customised repayment plans. However, understand the basics and discuss with certified financial advisors before applying for such loans.
Trump says Iran deal 'should be successful', rejects claims of US funding for Tehran
Published on: June 16, 2026, 3:32 p.m. | Source:
Moneycontrol
US President Donald Trump said the Iran deal should succeed, dismissed funding rumours, and held talks with Qatar's emir on Middle East security at the G7 summit.
US President Donald Trump declared Iran will not acquire nuclear weapons under the new agreement. He described the deal as fair and entering a second stage. Trump emphasized no US funding would go to Tehran. He also issued a strong warning of severe repercussions should Iran pursue nuclear arms.
Bharat Innovates 2026 secures $254.5 million funding commitments, investments on Day 2
Published on: June 16, 2026, 2:50 p.m. | Source:
Lokmat Times
Bharat Innovates 2026 secures $254.5 million funding commitments, investments on Day 2 - New Delhi, June 16 The ongoing three-day event Bharat Innovates 2026 facilitated funding commitments and advanced-stage investments worth ... Get Latest News on Business only on lokmattimes.com
European Credit Conditions Strain Under US-Iran Conflict's Shadow
Published on: June 16, 2026, 2:22 p.m. | Source:
Devdiscourse
European credit conditions face challenges as the prolonged US-Iran war impacts economic growth, inflation, and funding. A potential shift looms post US-Iran agreement. Key sectors like banking, aviation, and real estate experience deteriorating outlooks. Fitch Ratings offers insight into the evolving economic landscape amid geopolitical tensions.
IFC expands emerging markets investment platform with $509 million deal
Published on: June 16, 2026, 2:19 p.m. | Source:
Devdiscourse
The organisation believes that expanding access to institutional capital through market-based instruments can help direct funding toward businesses with the greatest potential to generate economic growth and create jobs.
Iran war to keep European credit under pressure in second half of 2026
Published on: June 16, 2026, 2:18 p.m. | Source:
The Tribune
European credit conditions are set to face more headwinds through end-2026 as the US-Iran war dragged on growth, lifted inflation and raised funding costs, but the outlook may now shift quickly, as per Fitch Ratings' mid-year update.
Sarvam AIs rise to a $1.5 billion valuation after raising $234 million marks a major milestone for Indias push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropics most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.
Chinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) under an unusual deal structure, The Information reported on Tuesday, citing people with direct knowledge of the matter.
Is a $300-billion reconstruction fund part of US-Iran deal? Vance says yes, but Trump says 'fake news'
Published on: June 16, 2026, 11:18 a.m. | Source:
Firstpost
The US-Iran memorandum extends the ceasefire by 60 days, reopens negotiations on Tehran’s nuclear programme and could eventually unlock a $300 billion investment fund. US President Donald Trump denies any US payout, while Vice President JD Vance says Iran may access reconstruction funding if it fulfils the deal's conditions
HCLTech will remain in focus after investing Rs 1,427 crore in Sarvam AI, becoming the lead investor in the startups Series B funding round. The partnership aims to advance frontier and sovereign AI capabilities while strengthening HCLTechs enterprise offerings amid moderated growth expectations.