International Financial News

Indonesia and Vietnam signed multibillion-dollar energy transition deals in 2022 that were heralded as drastic shifts in financing that would enable the coal-dependent countries to pivot to cleaner energy

Subscribe to enjoy similar stories. Back in 2005, Priya Singh, then a 22-year-old social worker, stumbled upon her entrepreneurial journey when her husband, Mohit Dubey, decided to leave his job just two months into their marriage. While Dubey pursued his startup dreams, Singh financed their life by taking up a well-paying job in the government, supporting not just Dubey, but his two co-founders too—transforming their 2-bedroom apartment in Mumbai into a startup hub in 2005.

Subscribe to enjoy similar stories. Applied Materials Inc., the world’s second-largest toolmaker for semiconductor fabrication units, is working with more than a dozen international and domestic suppliers to set up manufacturing in India, said Prabu Raja, president of the semiconductor products group at the California-headquartered company.

international students and the U.S. economy—especially for students from India, who have long faced uncertainty about their post-graduation status in the United States. This proposal should be viewed not just as a policy shift but as a strategic move to retain top global talent. The U.S. has long benefitted from the influx of international students, particularly from India, who excel in high-demand sectors such as technology, finance, and engineering. However, the current visa process is fraught with uncertainty, leaving many graduates in limbo. Trump’s plan could potentially change that narrative, offering a pathway to stability for thousands of students who have invested heavily in their American education. Vice President Kamala Harris, a staunch advocate for international students, has also worked tirelessly to streamline the visa process and support pathways to citizenship. Her initiatives, rooted in her personal understanding as a child of immigrants, aim to create a more inclusive environment where international students can contribute to the American economy and society without the fear of being forced to leave. Harris’s advocacy, coupled with Trump’s proposal, could mark a turning point in how the U.S. approaches immigration and talent retention.

OnePlus 13 could be an attempt to coincide with the launch of the Qualcomm Snapdragon 8 Gen 4 chipset in the same month. While there isn't much clarity on the matter, some reports suggest that the OnePlus 13 could be among the first phones to be powered by Qualcomm's latest processor.Now, a recent post by tipster Fonearena has revealed that OnePlus 13 with the model number PJZ110 was recently spotted on the Geekbench listing with the yet-to-be-released Snapdragon 8 Gen 4 chipset and had even better scores compared to the A18 Pro chipset on the recently launched Apple iPhone 16 Pro series.According to reports, the OnePlus 13 received a single-core score of 3216 and a multi-core score of 10051 on Geekbench.

Sovereign Green Bonds (SGrB) through the International Financial Services Centre (IFSC) was announced by the Reserve Bank of India (RBI) on August 29, 2024. IFSC is located in GIFTY city in Gandhinagar, Gujarat. Non-resident Indians (NRIs) wishing to invest in long-term Indian government bonds can now do so through the IFSC route in SGrB. Read below to find out if SGrBs are worth investing in for NRIs and what their advantages and disadvantages are, including the tax implications.

NASA astronauts Sunita Williams and Butch Wilmore, who have been on the International Space Station (ISS) since June, will join a live press conference today. The event is scheduled for September 13 at 11:45 pm IST and will be streamed on NASA+, the NASA app, and the agency’s official website. «The pair will participate in a news conference aboard the International Space Station in low Earth orbit,» said the National Aeronautics and Space Administration. Williams and Wilmore launched aboard Boeing’s Starliner spacecraft on June 5 for an intended 8-day mission, reaching the ISS on June 6. Due to issues with the Starliner, their stay was extended to several months, and NASA confirmed their return is now delayed until February 2025. They will return aboard the SpaceX Dragon spacecraft as part of NASA’s SpaceX Crew-9 mission.

Benchmark NSE Nifty index fell 25.36 points to 25363.55 amid selling in frontline bluechip stocks.

Pakistan’s leader says the country has met all the conditions set by the International Monetary Fund to qualify for a new $7 billion loan to help prop up its economy

Boeing is waiting to find out whether 33,000 aircraft assembly workers are going on strike and shutting down production of the company’s best-selling planes

Fintech billionaire Jared Isaacman led the mission, which was launched on Tuesday from the Kennedy Space Center in Florida.The four-member crew of the Dragon spacecraft adjusted to an orbit with a high of 700 kilometres. Pure oxygen started flowing into their suits on Thursday morning.

Berkshire Hathaway's Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report. According to the SEC filing, Jain sold 200 of his class A common stocks at an average of $695,418 per share, just days after Berkshire Hathaway hit the $1 trillion market cap. The share sale is 54% of Jain's total stake in Berkshire, a Moneycontrol report said.

Paying passengers have lined up to rocket to space to experience a few minutes of weightlessness

The Palestinian economy is “in free fall,” with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory, the United Nations says

Polaris Dawn mission carried out its spacewalk on Thursday with two astronauts emerging out of the capsule in Earth's orbit, tethered to the Crew Dragon spacecraft in the vacuum of space. The mission launched on Tuesday — after being delayed by more than a week due to some technical issues — with a crew of four using SpaceX's new spacesuits and a redesigned spacecraft. Billionaire Jared Isaacman, 41, was the first to exit at about 6:52 a.m. ET (1052 GMT), followed by SpaceX engineer Sarah Gillis, 30, becoming the first two non-government individuals to conduct such an excursion in space.

Sri Lanka’s opposition leader contesting the presidential election next week said Thursday that if he comes to power he will renegotiate with the International Monetary Fund the 2022 economic reforms package to ensure that the rich pay more taxes and t...

Oil prices took a frightening turn this month, in what one commodities analyst described as “a complete bloodbath.”

suo motu cognisance of the widespread protests impacting medical services and set up a 10-member national task force to make recommendations on ensuring safe working conditions for medical professionals and preventing violence against them. While suggestions are pouring in from stakeholders, young medics told Mint what they endure in their professions and what it would take to make them feel safe again. According to a study by the Indian Medical Association (IMA), over 75% of doctors have faced violence of some kind at the workplace.

Adani Power and Dickey Alternative Investment Trust to continue to operate Coastal Energen's 1,200 MW-thermal power plant till the National Company Law Appellate Tribunal (NCLAT) decided various appeals against the approval granted to the resolution plan for the debt-laden firm. However, the apex court said that the Adani-Dickey consortium, the successful resolution applicant (SRA), would not dismantle the Coastal Energen’s power plant in Tuticorin, Tamil Nadu, or create any third party rights or create any financial obligations except in the ordinary course of business. The Bench led by Chief Justice D.Y. Chandrachud said that “prima facie, we are of the view that the September 6 order (of NCLAT) suffers from internal inconsistency. The first part indicates status quo ante has to be restored and the second part shows status quo has to be maintained as on date.”

Affordable housing finance provider Vastu Housing Finance Corporation is looking to raise up to $50 million from United States International Development Finance Corporation (DFC) in a long term external commercial borrowing. Vastu, supported by International Finance Corporation, lends to the low-income and self-employed segments. The company had assets under management of around Rs 7,400 crore at the end of March.

Fabindia has announced its strategic collaboration with the Ministry of Micro, Small, and Medium Enterprises (MoMSME) under the Central Government’s PM Vishwakarma Scheme, which is aimed at supporting India’s traditional artisans by promoting their products and expanding their market reach. The initiative is aimed at supporting carpenters, boat makers, weavers, armoured, blacksmiths, meson, goldsmith, locksmith, sculptor, stone breaker, hammer and tool kit maker, cobbler, tailor, toy maker, barber, garland maker qand other skilled craftsmen.