Trump's White House Ballroom Loses Federal Funding After Republican Senators Push Back
Published on: June 4, 2026, 1:07 a.m. | Source:
Times Now
Senate Republicans have eliminated funding for President Trump's White House ballroom project from a spending bill, highlighting internal party conflicts. Initially tied to immigration enforcement funding, the ballroom project faced skepticism from Republican senators questioning the use of taxpayer money for an initiative Trump promised would rely on private donations. , US News, Times Now
Published on: June 4, 2026, 12:29 a.m. | Source:
Times of India
Draft MGNREGS funding formula using 16th Finance Commission criteria may boost UP and cut southern states’ shares, with Tamil Nadu facing the steepest reduction.
Sam Altman Challenges AI Regulation in Capitol Hill Visit
Published on: June 3, 2026, 11:58 p.m. | Source:
Devdiscourse
OpenAI CEO Sam Altman opposes requiring U.S. government approval for AI model releases. Visiting Washington, he seeks increased funding for AI testing at the Department of Commerce. OpenAI wants to boost initiatives with experts in various fields. This comes amid confidential IPO filings by AI firms, including OpenAI and Anthropic.
Published on: June 3, 2026, 9:29 p.m. | Source:
Devdiscourse
President Donald Trump expressed potential plans to make Todd Blanche the permanent U.S. Attorney General, despite criticism over a controversial fund plan. Blanche faced opposition over a proposed $1.8 billion fund for claims of government 'weaponization,' which was abandoned due to bipartisan opposition threatening crucial funding for Trump's immigration initiatives.
Israeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-driven digital infrastructure. The company, which has raised $200 million in new funding, aims to make India its most important office outside Israel and the US, leveraging the country's massive scale and advanced tech ecosystem.
Regulatory Relief for Russian Banks: Boosting Drone Defense Funding
Published on: June 3, 2026, 8:25 p.m. | Source:
Devdiscourse
Russian banks may receive regulatory relief to finance the purchase of drone defense equipment by industrial enterprises. This comes after increased Ukrainian drone attacks on vital infrastructure. VTB CEO Andrei Kostin supports such initiatives, aiming to provide necessary financial resources to safeguard industries.
Bengaluru-based Propsoch secured $2 million in a funding round. Athera Venture Partners, Sparrow Capital, and Vakil Group led the investment. The funds will enhance research, expand the team, and support market growth. Propsoch aims to reduce homebuyer regret by offering unbiased recommendations. The company plans to expand its services to Mumbai.
At a press conference in Delhi, the Cockroach Janta Party (CJP) said it does not require significant funding, with a spokesperson claiming that “Rs 200 posters” are enough to spread its message. The youth-led movement also announced plans for its June 6 protest, claiming over eight lakh people have signed a petition seeking Education Minister Dharmendra Pradhan
KNAV has secured a follow-on investment from Nikhil Kamath-led NKSquared to support international acquisitions, AI deployment, and expansion into new markets including Australia.
Forward Scholarship Model: When Yesterday''s Scholars Become Today''s Funders
Published on: June 3, 2026, 5:22 p.m. | Source:
The Tribune
Rs 1 crore+ mobilised; alumni-led contributions fund next generation of law students under a Pay-it-Forward model New Delhi, Delhi, India – Business Wire India Emerging as a replicable model for sustainable education funding in India, Buddy4Study has announced that its...
EEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operational specifics. Such a system aims to provide fair recognition, enable easier access to affordable loans, and boost their global market standing.
Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
Published on: June 3, 2026, 2:03 p.m. | Source:
Devdiscourse
* Goldman expects companies will tap into public, securitized and private markets to attain the scale and scope of this funding need. * "Private infrastructure and real estate will play an even larger role in the years ahead," Goldman said.
How $750 million in venture style funding could unlock 100 non-profit unicorns in India
Published on: June 3, 2026, 2:01 p.m. | Source:
Livemint
India has commendably focused on the creation of startups. However, their non-profit counterparts need venture capital-style support. Here's how the government could step in to catalyse India’s non-profit ecosystem.
India tightens noose around Dawood empire, targets drug
Published on: June 3, 2026, 1:56 p.m. | Source:
Lokmat Times
India tightens noose around Dawood empire, targets drug-terror funding network - New Delhi, June 3 Indian agencies have intensified efforts to dismantle the Dawood Ibrahim empire. Investigations and search ... Get Latest News on International only on lokmattimes.com
New Ebola vaccine in the works: Soumya Swaminathan says India should be alert
Published on: June 3, 2026, 11:58 a.m. | Source:
India Today
Scientists are developing new vaccines as the Bundibugyo Ebola outbreak spreads in the DRC and Uganda. The response is being shaped by conflict, funding cuts and the need for stronger surveillance and testing.
Pharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shortages, funding constraints, and rising compliance costs pose challenges for smaller drug makers within the SME ecosystem..
The Minister assured the contractor and the public that the funding issue would be brought to the Chief Minister’s immediate attention and would release funds s
New Tertiary Research Excellence Fund Unveiled to Reduce Administrative Burden
Published on: June 3, 2026, 11:19 a.m. | Source:
Devdiscourse
The TREF builds on earlier decisions made by Cabinet in August 2025 and represents one of the most significant reforms to tertiary research funding in recent years.
Motilal Oswal has reiterated its Buy rating on Shriram Finance with a target price of Rs 1,175, implying a 29% upside. The brokerage cites the MUFG stake acquisition, lower funding costs, rural expansion, vehicle finance strength and improving profitability outlook as key growth drivers.
Morgan Stanley Maintains Overweight on PNB Housing Finance, Sets ₹1,250 Target
Published on: June 3, 2026, 9:02 a.m. | Source:
scanx.trade
Morgan Stanley has maintained an Overweight rating on PNB Housing Finance with a target price of ₹1,250, following the company's participation at the Morgan Stanley India Investment Forum 2026. The brokerage expects 18% retail loan growth in FY27, stable spreads despite higher funding costs, NIM steady to slightly lower due to higher leverage, normalised credit costs of 15–20 bps from FY28, and a revised steady-state ROA of 2.3–2.4%.
UN warns of funding crisis as it pushes "UN80 initiative" to strengthen global coordination
Published on: June 3, 2026, 4 a.m. | Source:
Daily Excelsior
NEW YORK, June 2: The United Nations has warned that its development coordination system is under severe financial pressure even as global demand for support continues to rise, urging urgent reforms under its new “UN80 Initiative” to strengthen delivery across countries. UN Deputy Secretary-General Amina Mohammed told an ECOSOC meeting in New York that the world is facing “extraordinary pressure and rising expectations for sustainable development”, alongside “escalating crises, rising debt burdens and widening inequalities”. She cautioned that declining aid […]
US STOCKS-Wall St ends modestly higher as AI zeal overcomes Middle East jitters
Published on: June 3, 2026, 1:48 a.m. | Source:
Devdiscourse
The Software & Services Index, battered in recent months over worries of AI disruption, ended off 3.3%. Strong results from Hewlett Packard Enterprise and a funding commitment from Alphabet reinforced confidence in the AI buildout.
US stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and semiconductor stocks gained, while software lagged. Alphabets massive AI funding plan and Marvells rally highlighted ongoing AI momentum, even as inflation fears and rate hike concerns kept investors cautious.
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
Trident Group is reviewing its ₹5,000 crore investment plan in Punjab. This comes after Rajya Sabha MP Rajinder Gupta switched from AAP to BJP. Gupta cited geopolitical developments and rising input costs for the rethink. The company had committed to the investment earlier this year. The expansion included significant funding for terry towel and paper manufacturing.
US STOCKS-Wall St muted as AI zeal is held in check by Middle East tensions
Published on: June 3, 2026, 12:05 a.m. | Source:
Devdiscourse
The Software & Services Index, battered in recent months over worries of AI disruption, was off 3.4%. Strong results from Hewlett Packard Enterprise and a funding commitment from Alphabet reinforced confidence in the AI buildout.
There were 444 new highs and 118 new lows on the NYSE. On the Nasdaq, 2,266 stocks rose and 2,469 fell as declining issues outnumbered advancers by a 1.09-to-1 ratio.
Rising fuel prices and tighter global conditions are reshaping India's funding landscape, increasing reliance on bank credit as foreign and domestic savings slow
Mashatile to Engage Business Leaders on Funding HIV and TB Response
Published on: June 2, 2026, 10:22 p.m. | Source:
Devdiscourse
The National Strategic Plan serves as the country's primary framework for addressing three of South Africa's most significant public health challenges.
The Maharashtra Cabinet has approved the ₹12,442-crore Maharashtra Road Improvement Project, backed by $2 billion in funding from AIIB and NDB. The programme will upgrade key highways and growth corridors over three years, aiming to improve connectivity, reduce logistics costs, enhance road safety and support industrial growth across the state.
Maharashtra Cabinet approves road projects worth over ₹31,000 crore, including 1,500 km of major roads and 6,000 km of rural roads with AIIB and NDB funding.
Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout.
Advait Energy unit signs 150 MW BESS agreement with GUVNL
Published on: June 2, 2026, 6:23 p.m. | Source:
scanx.trade
Advait Energy Transitions Limited's subsidiary has entered into a 12-year Battery Energy Storage Purchase Agreement with GUVNL for a 150 MW/300 MWh project in Gujarat. The deal, signed on June 1, 2026, follows a tariff-based competitive bidding process under Phase-VIII supported by Viability Gap Funding. The subsidiary will develop, own, and operate the standalone BESS project near the Bhesan sub-station.
As heatwaves intensify, India needs more funding for climate adaptation. But rising borrowing costs and debt burdens are making climate finance harder and more expensive to access
Dow Jones Today | US Stock Market Live: S&P 500 and Dow futures edged lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout.
"Anthropic Thinks It's Creating A God" Say Veteran Investors
Published on: June 2, 2026, 3:43 p.m. | Source:
NDTV.com
Bill Gurley, a veteran investor and part of Uber's early funding round, also compared Anthropic to Frankenstein's monster. He was in conversation with Jason (McCabe) Calacanis, also an early Uber investor, who said Anthropic is suffering from "delusi
US STOCKS-Wall Street futures tick lower after record highs; HPE soars
Published on: June 2, 2026, 3:04 p.m. | Source:
Devdiscourse
The S&P 500 and the Nasdaq 100 futures edged lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout.
Ebola Vaccine Race Intensifies With Fund Surge, But Doctors Also Suggest Caution
Published on: June 2, 2026, 1:56 p.m. | Source:
NDTV.com
There have been recent funding announcements which have created optimism among scientists and health officials. Several vaccine candidates are now moving through different stages of development.
Aquapulse has secured ₹45 crore in a funding round led by NABVENTURES. This capital will boost farm technology and disease management. The company will also expand its farmer network in eastern India. Processing and export operations will scale up. Aquapulse connects small shrimp farmers to global markets, ensuring stable revenue and transparency.
PaRa Music Launches as India's First AI Music Company
Published on: June 2, 2026, 12:48 p.m. | Source:
The Tribune
Mumbai (Maharashtra) [India], June 02: PaRa Music today announced its official launch as India’s first AI-powered music company, with a model designed to help original Indian music reach larger audiences across India and worldwide. Backed with funding from a consortium...
Published on: June 2, 2026, 12:34 p.m. | Source:
Outlook Business
Anthropic has confidentially filed for a US IPO, positioning the Claude AI maker for a potential $1 trillion valuation and putting it ahead of OpenAI in the race to public markets. Learn how this high-stakes listing could reshape AI funding, infrastructure investment, and investor access to top artificial intelligence companies.
India should welcome Chinese investment but not overlook the possibility for innovation spillbacks
Published on: June 2, 2026, 12:31 p.m. | Source:
Livemint
India needs foreign capital but China’s global investment patterns merit some caution. Funding can bring knowledge and skill transfers but could also mean spillbacks into China of ideas picked up here. We need favourable flows.
Moderna and three other groups receive over $60 million in funding to develop Ebola vaccine
Published on: June 2, 2026, 11:08 a.m. | Source:
Telegraph India
The Coalition for Epidemic Preparedness Innovations was one of the early investors that helped to develop a vaccine at the height of the Covid-19 pandemic
Serum Institute of India will produce clinical trial doses of a new Ebola vaccine from Oxford University. This initiative is backed by fresh funding to combat a spreading outbreak in Africa. The vaccine uses technology similar to the Oxford-AstraZeneca Covid-19 vaccine. This partnership aims to accelerate development and ensure access for affected nations.
Wildlife conservation requires not only public funding, but also sustained institutional collaboration, says Union Environment Minister Bhupender Yadav
President Trump's proposed $1.8 billion fund for alleged government "weaponization" victims has been halted. Republican lawmakers in Congress strongly opposed the plan. This move comes as senators returned after a break and faced an impasse with the president over border funding. The fund faced legal challenges and political uproar. Federal judges have temporarily halted it pending further review.
Tanker Interception in Atlantic Highlights EU-Russia Tensions
Published on: June 2, 2026, 3:38 a.m. | Source:
Devdiscourse
France's navy has intercepted a Russian-linked tanker in the Atlantic, alleging it violated international sanctions by flying a false flag under the guise of Madagascar. The operation was supported by Britain as part of a European strategy to combat oil revenues funding Russia's war efforts in Ukraine.
"After destroying the credibility of exams from NEET and UGC NET to CUET and CBSE, hollowing out UGC funding, shutting schools and pushing India's education system into chaos, will PM Modi finally fix accountability or continue shielding failure? Dharmendra Pradhan must resign immediately as Union education minister...," said Congress spokesperson Pawan Khera at a party presser.
Anthropic Races Toward Wall Street Debut With Confidential IPO Filing
Published on: June 1, 2026, 11:57 p.m. | Source:
Times Now
Anthropic, an AI firm, is preparing for a public offering after submitting a confidential filing to the SEC. Valued at $965 billion following a $65 billion funding round, it surpasses rivals like OpenAI in market value and revenue., Business, Times Now
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
Anthropic Eyes IPO Amid Surging Valuation and Growth
Published on: June 1, 2026, 11:07 p.m. | Source:
Devdiscourse
Anthropic, a leading AI company, confidentially files for an IPO with the SEC. Valuing close to $1 trillion, the company recently raised $65 billion in funding. This strategic move supports its research, scalability, and rapidly growing demand for its AI tool, Claude, which has seen widespread adoption globally.
France is set to receive a record 93 billion euros in foreign investments. This significant funding will boost artificial intelligence and data centers. Japanese tech investor SoftBank is contributing 45 billion euros. These investments aim to make France a leader in computing capacity in Europe. The pledges will also support semiconductors, critical minerals, and healthcare sectors.
ICC Suspends Cricket Canada's Membership But Keeps Teams Eligible For Events
Published on: June 1, 2026, 6:46 p.m. | Source:
Deccan Chronicle
The Canadian national team will still be able to participate in ICC events, and funding to operate the teams will be provided through a controlled mechanism
Noel Tata opposes Tata Sons listing, warns RBI of risks to Tata Trusts’ philanthropic mission
Published on: June 1, 2026, 5:56 p.m. | Source:
Firstpost
Noel Tata has raised concerns with the RBI over a potential Tata Sons listing, warning it could dilute patient capital allocation and disrupt funding for Tata Trusts’ philanthropic initiatives. The debate has intensified ahead of key board meetings, exposing differing views within the Trusts over governance and long-term strategy
Auto-tech platform Cars24 launches AI Labs to build AI-first products and support founders through funding, mentorship and partnerships with OpenAI, AWS and ElevenLabs
ICC suspends Cricket Canada's membership but keeps teams eligible to participate in events
Published on: June 1, 2026, 5:46 p.m. | Source:
Livemint
Despite the ICC suspension, Cricket Canada will be able to participate in the ICC events and funding to operate the teams will be provided through a controlled mechanism.
ICC Suspends Cricket Canada Membership After Corruption Row, Players To Keep Competing
Published on: June 1, 2026, 5:26 p.m. | Source:
News18
ICC suspends Cricket Canada over serious governance breaches but keeps national teams eligible for ICC events, funding via controlled mechanism, sets conditions for reinstatement.
France's Bold Interception: A Move Against Russian Oil Trade
Published on: June 1, 2026, 3:39 p.m. | Source:
Devdiscourse
France's navy intercepted a sanctioned tanker suspected of aiding Russia's oil trade in the Atlantic, amid accusations of piracy from Moscow. The action, part of a coordinated European effort to curtail Russia's war funding through oil revenues, reflects ongoing tensions and the complex web of international oil trade sanctions.
Share Market News: This company hits 5 percent upper circuit as board sets date to consider proposal for raising capital | Details inside
Published on: June 1, 2026, 3:31 p.m. | Source:
India.com
The company informed that its Board of Directors will meet on Wednesday, June 3, 2026 to consider the proposal for raising capital to meet the funding needs of the company and its subsidiaries.
US funding cuts are impacting Ukraine's pursuit of justice for war crimes. Organizations documenting atrocities face reduced capacity. This impacts investigations into alleged torture and abductions. Other nations are stepping up, but the loss of US support creates significant challenges. Victims may be denied justice as evidence gathering and prosecution efforts are curtailed.
Centre opens new CSR spending route: Zero Coupon Zero Principal instruments on social stock exchange: What this means
Published on: June 1, 2026, 12:01 p.m. | Source:
The Tribune
he opening of a new CSR funding route through the Social Stock Exchange Framework will mean that companies can now channel part of their CSR spending through ZCZP instruments issued by non profits on the social stock exchange.
A Bengaluru Chartered Accountant, Meenal Goel, realized her biggest financial mistake was letting her savings sit idle for years. Despite a strong career start, she didn't begin investing until age 25. A colleague's comment about SIPs funding his travel became her wake-up call, prompting her to actively learn and structure her investments.
French Navy Intercepts Sanctioned Oil Tanker 'Tagor'
Published on: June 1, 2026, 11:50 a.m. | Source:
Devdiscourse
The French Navy intercepted the oil tanker 'Tagor,' subject to international sanctions, sailing from Russia. With international collaboration, the operation occurred on the high seas to enforce maritime laws and prevent funding of the ongoing conflict in Ukraine. Shipping data indicates continued violations by Russian-linked vessels.
U.S. Funding Cuts Jeopardize War Crimes Accountability in Ukraine
Published on: June 1, 2026, 11:31 a.m. | Source:
Devdiscourse
Roksolana Makar, a Ukrainian war-crimes investigator, faces challenges as the United States withdraws funding for investigations into Russian war crimes. With over 230,000 alleged cases, including torture and abductions, the defunding hampers justice efforts, affecting organizations like Truth Hounds and reducing international support for Ukraine's legal probes.
Bengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electric two-wheeler maker plans to increase production significantly and aims for an IPO in the second half of FY28, while also preparing to launch more affordable scooter models.
Clean-label food brand Anveshan has secured Rs 150 crore in a significant funding round. The investment, led by Vertex Ventures, will fuel expansion into new manufacturing units and product categories. Anveshan aims to make high-quality clean food products accessible to a wider consumer base across India.
Published on: June 1, 2026, 4 a.m. | Source:
Times of India
IIT-M Global plans to open over five international centres in the US, UK, UAE and more to help curated deep-tech startups with market entry, funding and IP commercialisation.
AAP leader denies role in alleged fake IB call, alleges questioning on party funding and functioning
Published on: June 1, 2026, 2:14 a.m. | Source:
Lokmat Times
AAP leader denies role in alleged fake IB call, alleges questioning on party funding and functioning - Vadodara, June 1 Aam Aadmi Party (AAP) leader Ashok Oza has denied Gujarat Police allegations that he was ... Get Latest News on National only on lokmattimes.com
Adani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are planned across airports, energy, data centres, and logistics. The group anticipates strong demand driven by infrastructure needs and artificial intelligence. Legal matters are now behind them, allowing for a concentrated push on growth and asset building.
Amid persistent energy disruptions and fuel hikes, Green Frontier Capital founder Sandiip Bhammer predicts a 20-30% rise in climate tech funding, shifting priority from generic expansion to strict unit economics.
The start-up plans to use the capital towards scaling commercial operations, product development, and regulatory approvals for its solutions that helps reduce post harvest losses in the agricultural supply chain.
Justice Deferred: How U.S. Aid Cuts Impact Ukraine War Crimes Accountability
Published on: May 31, 2026, 3:33 p.m. | Source:
Devdiscourse
Roksolana Makar continues her work documenting war crimes in Ukraine despite U.S. funding cuts under the Trump administration. U.S. aid reductions have hindered Ukrainian and international efforts to hold Russian perpetrators accountable for alleged war crimes, highlighting the global impact of withdrawing developmental assistance and support for justice initiatives.
Supreme Court's Pivotal Role in Upcoming Election Cases: Impact on Voting Rights and Campaign Finance
Published on: May 31, 2026, 3:30 p.m. | Source:
Devdiscourse
The U.S. Supreme Court is set to rule on significant election-related cases which could affect mail-in ballot laws and campaign finance regulations. The potential rulings may advantage Republicans ahead of the midterm elections and impact strategies involving voter districts and campaign funding, fundamentally altering political landscapes.
A new chapter in Indo-American relations is unfolding as India and the US deepen their partnership in artificial intelligence and semiconductor industries. This initiative encourages cross-border business collaboration, designed to bolster technological integration and attract crucial investments. Conversations have highlighted the importance of funding strategies, establishing robust AI infrastructure, and improving access to computing capabilities.
Zeptos unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.
Sonam transferred Rs 20 lakh in different accounts
Published on: May 31, 2026, 4:10 a.m. | Source:
Daily Excelsior
Excelsior Correspondent KATHUA/HARIDWAR, May 30: The police has got more leads in suspicious bank transaction and alleged terror funding case which has recently surfaced in Kathua district in which a couple from district was arrested by Lakhanpur police for suspicious bank transactions of Rs one crore in their accounts which either is related to Hawala or terror funding case. The investigation into the case registered under UAPA in Lakhanpur Police Station of Kathua district has revealed links extending to Uttrakhand. […]
MLA Seeks Funds for Pending Irrigation and Development Works
Published on: May 31, 2026, 12:57 a.m. | Source:
Deccan Chronicle
The MLA submitted a representation to in-charge district collector and joint collector Y. Megha Swaroop at Rajamahendravaram on Saturday, seeking early approval and funding for several development works.
)
