International News

WASHINGTON —The World Bank’s Board of Executive Directors today approved a new program to support Tamil Nadu and provide around 2 million people with more and better access to water and sewerage services in cities. Tamil Nadu is one of…

BEIRUT  – Four years into the economic and financial crisis, Lebanon’s macroeconomic framework remains severely impaired. According to the latest World Bank Lebanon Economic Monitor released today, the spillover effects from the ongoing…

WASHINGTON – The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II). This financing is funded by an International Development Association (IDA)* credit of US$76 million…

WASHINGTON  — The Pandemic Fund’s Governing Board approved a grant envelope of $500 million for its second round of funding to help low- and middle-income countries scale up efforts to better prepare for future pandemics. Interested …

While DII flows have been robust for the past few years, rising global interest rates have kept FPI flows under check, as per Quantum Mutual Fund. DIIs have invested $ 20.2 bn in 2023 on top of $ 35.8 bn in 2022. FPI flows have…

42dot, Hyundai Motor Group's global software research startup, plans to showcase its vision of software-defined vehicles (SDV) and related technologies at next month's CES 2024, the company said. 42dot said it plans to unveil…

An #earthquake with a magnitude of 6.0 jolted #Tonga Islands at 22.57 GMT on Friday, GFZ German Research Center for Geosciences said. The epicenter, with a depth of 10.0 km, was initially determined to be at 15.04 degrees south…

Social media platform ShareChat is reportedly set to raise up to $65 million from existing investors. According to MoneyControl, the company is set to raise the money via convertible notes at $2.7 billion valuation. …

Apple is in touch with some top news publishers to use their articles to help train its generative AI systems, the media reported. The tech giant is apparently discussing “multiyear deals worth at least $50 million and is in…

The central government has given the go-ahead to big GW scale projects for setting up around 48.3 GW of integrated high efficiency Solar PV module manufacturing capacity in the country under its Production Linked Incentive (PLI) Scheme as…