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Naidu orders officials to follow Irrigation Calendar to ensure timely completion of projects

Published on: May 18, 2026, 7:20 p.m. | Source: The Hindu

CM Chandrababu Naidu urges officials to follow the Irrigation Calendar to expedite project completions and ensure timely funding.

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Gurugram Metro Project Gets a Boost with Revised Funding Plans

Published on: May 18, 2026, 7:17 p.m. | Source: Devdiscourse

The Haryana Cabinet has approved the revised cost of the Gurugram Metro project, increasing from Rs 5,452.72 crore to Rs 10,266.54 crore, amid funding restructuring facilitated by the World Bank. This move aims to enhance urban mobility and integrate metro and railway services in Gurugram.

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Naidu's Push for Timely Completion: Andhra's Irrigation Overhaul

Published on: May 18, 2026, 7:12 p.m. | Source: Devdiscourse

Andhra Pradesh CM N Chandrababu Naidu urges officials to adhere to the new irrigation calendar, targeting the completion of key projects to enhance water security. Emphasizing deadlines and adequate funding, he aims for infrastructure excellence and compensatory measures for displaced families, alongside proposing a new tourist-friendly project.

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Funding Crunch Forces UNHCR to Slash Jobs

Published on: May 18, 2026, 6:48 p.m. | Source: Devdiscourse

The U.N. refugee agency is facing a financial crisis, necessitating job cuts and reform, as funding falls significantly. Despite rising global displacement, the agency expects a funding shortfall in 2026, with contributions dropping significantly. The UNHCR urges donors for more flexible aid to sustain its operations.

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Delhi HC Grants Interim Bail To Engineer Rashid To Attend father’s Funeral

Published on: May 18, 2026, 6:25 p.m. | Source: Daily Excelsior

New Delhi, May 18: The Delhi High Court on Monday granted interim bail till June 2 to Baramulla MP Sheikh Abdul Rashid alias Engineer Rashid, who is lodged in prison in a terror-funding case, following his father’s demise. A bench of Justices Prathiba M Singh and Madhu Jain said during the interim bail period, Rashid shall always be accompanied by at least two police officials in plainclothes, who shall remain with him from the beginning of the journey from Tihar […]

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CIC Decides BCCI Not Covered Under RTI Act

Published on: May 18, 2026, 6:18 p.m. | Source: Devdiscourse

The Central Information Commission has ruled that the BCCI is not a public authority under the RTI Act, exempting it from transparency obligations. Despite its prominent public role in cricket, the BCCI remains a private entity, independently managed and financed, separate from government control or funding.

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Health gains reversed by geopolitical challenges, declining development funding: Soumya Swaminathan

Published on: May 18, 2026, 6:18 p.m. | Source: The Hindu

Soumya Swaminathan highlights the fragility of global health gains amid geopolitical challenges and climate-related violence at the Philanthropy Asia Summit.

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World less prepared for next pandemic despite COVID-19: WHO report

Published on: May 18, 2026, 6:05 p.m. | Source: India Today

A new GPMB report has warned that the world is becoming more vulnerable to future pandemics despite the lessons of COVID-19. It says weaker cooperation, unequal access and funding gaps are eroding global health security.

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Ebola Outbreak Sparks Global Alarm as WHO Declares Emergency

Published on: May 18, 2026, 5:38 p.m. | Source: Devdiscourse

The World Health Organization declared a public health emergency after a fast-spreading Ebola outbreak in the DRC, with cases also confirmed in Uganda. Challenges include the Bundibugyo virus strain and armed conflict hindering containment. Aid groups are responding, but funding and distrust issues persist.

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HC grants interim bail to Engineer Rashid for father's funeral

Published on: May 18, 2026, 2:47 p.m. | Source: ThePrint

New Delhi, May 18 (PTI) The Delhi High Court on Monday granted interim bail till June 2 to Baramulla MP Sheikh Abdul Rashid alias Engineer Rashid, who is lodged in prison in a terror-funding case, following his father’s demise. A bench of Justices Prathiba M Singh and Madhu Jain said during the interim bail period, […]

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Delhi HC grants interim bail to Engineer Rashid for father’s funeral

Published on: May 18, 2026, 2:44 p.m. | Source: The Tribune

The Delhi High Court on Monday granted interim bail till June 2 to Baramulla MP Sheikh Abdul Rashid alias Engineer Rashid, who is lodged in prison in a terror-funding case, following his father’s demise.

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Delhi High Court Grants Interim Bail to Engineer Rashid

Published on: May 18, 2026, 2:41 p.m. | Source: Devdiscourse

The Delhi High Court has granted interim bail to Baramulla MP Sheikh Abdul Rashid, citing the death of his father. Rashid is on trial in a terror-funding case. During his interim bail, police will accompany him as he is restricted to specific locations for his father's burial and related ceremonies.

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Delhi HC grants interim bail to Baramulla MP Engineer Rashid for father's funeral

Published on: May 18, 2026, 2:12 p.m. | Source: The Economic Times

Baramulla MP Sheikh Abdul Rashid has been granted interim bail by the Delhi High Court until June 2 following the death of his father. Currently lodged in Tihar Jail in connection with terror-funding charges, Rashid will be escorted by police during his temporary release. The relief allows him to attend his fathers funeral and related ceremonies.

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28 Highways, Rs 35,000 Crore: Why India Is Racing To Monetise Roads

Published on: May 18, 2026, 1:58 p.m. | Source: Times Now

India plans to monetise 28 highway assets in FY27 to raise Rs 35,000 crore and boost infrastructure funding through asset recycling., Economy, Times Now

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Terror funding case: Delhi HC grants interim bail till June 2 to MP Engineer Rashid to attend father's last rites.

Published on: May 18, 2026, 1:27 p.m. | Source: Devdiscourse

Read more about Terror funding case: Delhi HC grants interim bail till June 2 to MP Engineer Rashid to attend father's last rites. on Devdiscourse

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Vodafone Idea Share Slips 1% Despite Strong Q4 Results and ₹4,730 Crore Funding Support

Published on: May 18, 2026, 1:27 p.m. | Source: Lokmat Times

Vodafone Idea Share Slips 1% Despite Strong Q4 Results and ₹4,730 Crore Funding Support - Shares of Vodafone Idea Ltd declined over 1 per cent during Monday’s trading session on the NSE despite the ... Get Latest News on Business only on lokmattimes.com

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WHO annual assembly opens amid hantavirus fears, Ebola outbreak and US withdrawal uncertainty

Published on: May 18, 2026, 12:58 p.m. | Source: Firstpost

World Health Organization member states meet in Geneva this week amid global concern over hantavirus and Ebola outbreaks, uncertainty surrounding announced US and Argentinian withdrawals, and growing pressure on the UN health agency over funding cuts, pandemic preparedness, and the future of global health coordination.

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From Airbnb to Anthropic: How Krishna Rao Became AI's Most Important Money Man

Published on: May 18, 2026, 11:07 a.m. | Source: Outlook Business

Discover how Anthropic CFO Krishna Rao went from Airbnb crisis fixer to one of AI’s most powerful money men, steering the Claude maker’s explosive revenue growth, multibillion-dollar funding talks, massive compute deals with SpaceX, Amazon and Google, and a potential IPO that could eclipse OpenAI.

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Japan's extra budget to include funding from fresh debt

Published on: May 18, 2026, 10:10 a.m. | Source: The Economic Times

Japan plans a new budget to counter Middle East war economic impacts. This may mean more government debt, potentially raising interest rates. Long-term bond yields have already hit record highs. The government is considering subsidies for fuel and utility bills. This move could influence the Bank of Japan's interest rate decisions.

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Disaster resilience investment has touched $100 billion in Asia

Published on: May 18, 2026, 9:13 a.m. | Source: The Economic Times

Governments, banks and investors have deployed about $100 billion toward climate adaptation projects in Asia over the past five years, with most funding directed at water management and infrastructure projects.

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Vodafone Idea Shares In Focus After Fresh Funding From Aditya Birla Group

Published on: May 18, 2026, 8:01 a.m. | Source: NDTV Profit

This comes on the back of Vodafone Idea fourth quarter earnings, where a one-time accounting gain due to AGR re-assessment saw its profit skyrocket to over Rs 50,000 crore.

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Japan’s bond market has cried wolf before. Is the wolf arriving this time?

Published on: May 18, 2026, 6:20 a.m. | Source: The Economic Times

Markets have been warned about “Japans moment” many times. So many, in fact, that it had begun to sound like background noise. The boy who cried wolf analogy fits: The first alarm gets attention, the next one gets a shrug, and then the real event arrives when few people are listening. Japans is not a local bond story, it is a global tightening variable, through funding costs, currency dynamics, and the allocation choices of one of the worlds largest pools of patient savings. That is why, even if it is crying wolf yet again, it is a warning that probably deserves attention.

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‘Stigma around gold loans as last-resort funding is fading’: Shaji Varghese, CEO of Muthoot FinCorp

Published on: May 18, 2026, 5:30 a.m. | Source: The Financial Express

The Board of Muthoot Fincorp has approved a ₹4,000 crore initial public offering (IPO) consisting entirely of fresh growth capital. CEO Shaji Varghese outlines how internal engineering, clear sectoral regulations, and a shift away from unsecured credit drove a massive 75% standalone AUM growth to ₹56,185 crore in FY26

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IMF keeps lending billions to countries like Pakistan, but where does all that money come from?

Published on: May 18, 2026, 3:54 a.m. | Source: Zee News

IMF Funding Source: The IMF has approved a fresh bailout package worth Rs 11,322 crore for Pakistan. Here is a look at where the international lender gets such massive amounts of money from.

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Trump ballroom update: Latest on East Wing construction as 700% project budget rise faces big Senate setback

Published on: May 18, 2026, 12:59 a.m. | Source: Hindustan Times

Trump’s White House ballroom project faces backlash as costs soar to $1.4B—700% above estimates—after a Senate setback on funding.

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Trump Ballroom Funding Hits Fresh Roadblock After Senate Ruling

Published on: May 18, 2026, 12:56 a.m. | Source: Times Now

Senate Parliamentarian Elizabeth MacDonough has rejected a $1 billion security funding provision connected in part to Trump's planned White House ballroom, ruling it cannot be included in the Republican budget reconciliation bill as written. , US News, Times Now

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'Fight relentlessly': Ukraine commander vows strikes into Russia

Published on: May 17, 2026, 11:02 p.m. | Source: The Economic Times

Ukraine's unmanned forces commander, "Madyar," is orchestrating deep strikes into Russia, targeting defense and oil facilities to cripple war funding. These increasingly frequent attacks, aimed at retribution, are enabled by more resources and the gradual dismantling of Russian air defenses, keeping Moscow on edge.

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Fintechs set to take fresh guard as reality comes to bite the sector

Published on: May 17, 2026, 9:33 p.m. | Source: Business Standard

With funding tightening and regulators increasing scrutiny on risk, firms must move past the growth-at-all-costs model to survive

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Rajasthan's Heritage at Risk: A Congress Leader's Concerns

Published on: May 17, 2026, 7:39 p.m. | Source: Devdiscourse

Congress leader Rafiq Khan criticizes the BJP government for neglecting Rajasthan's historical heritage, museums, and archaeological sites. He highlights issues like inadequate funding, unplanned construction, and rising encroachments that threaten the preservation of these cultural landmarks, demanding urgent measures to safeguard Rajasthan's cultural legacy.

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Vodafone Idea gets promoter support but funding challenge persists

Published on: May 17, 2026, 7:11 p.m. | Source: Livemint

Vodafone Idea posted early signs of recovery with stabilising subscribers and higher Arpu, backed by a ₹4,730-crore promoter infusion. However, analysts say large spectrum dues, funding gaps and network expansion needs remain major challenges.

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Smaller municipalities face challenges in raising funds from market: Report

Published on: May 17, 2026, 6:30 p.m. | Source: Times of India

India Business News: MUMBAI: The government’s push to shift urban financing from grants to market-linked funding under the Urban Challenge Fund (UCF) could face significan.

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Gautam Adani's Visionary Leap: Transforming Eye Care in Bihar

Published on: May 17, 2026, 5:47 p.m. | Source: Devdiscourse

Gautam Adani has spearheaded the groundbreaking of two eye care facilities in Bihar. Aligned with the Akhand Jyoti Eye Hospital, these centers will significantly enhance eye care services and training. The Adani Foundation has pledged substantial funding, with further plans for a hospital in Pirpainti, Bhagalpur.

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Trump's $400 million ballroom faces funding freeze after Senate ruling

Published on: May 17, 2026, 2:59 p.m. | Source: India Today

The Senate parliamentarian removed security funding tied to Donald Trump's planned White House ballroom from a spending package. The ruling complicates Republican efforts to use taxpayer money for the project and sets up a fresh clash with Democrats.

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Why ICC froze Canada cricket’s grant worth $2.6 Million

Published on: May 17, 2026, 1:53 p.m. | Source: The Financial Express

The ICC has frozen Cricket Canada's $2.6M funding for six months over severe governance failures and ACU match-fixing probes. Read the full financial breakdown.

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Donald Trump’s White House ballroom funding hits US Senate roadblock

Published on: May 17, 2026, 10:31 a.m. | Source: Hindustan Times

A Republican plan to earmark federal funding for President Donald Trump’s planned ballroom hit at least a temporary roadblock Saturday in the US Senate.

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Vodafone Idea Gets Fresh Support From Aditya Birla Group, Company Plans To Raise ₹4,730 Crore Through Warrants

Published on: May 17, 2026, 10:22 a.m. | Source: Free Press Journal

Vodafone Idea will raise Rs 4,730 crore from an Aditya Birla Group company through convertible warrants. The fresh funding comes as the telecom operator continues efforts to improve finances after receiving relief in AGR dues, though large spectrum payment obligations still remain a major challenge.

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Senate Parliamentarian Blocks GOP Bid To Fund Trump Ballroom Security In Immigration Bill

Published on: May 17, 2026, 10:19 a.m. | Source: Free Press Journal

A Senate parliamentarian blocked Republicans from including $1 billion for White House security upgrades tied to President Donald Trump’s new ballroom in a broader immigration funding bill. Democrats celebrated the ruling, accusing the GOP of misusing taxpayer money. Republicans said they will revise and resubmit the legislation.

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Rescue the Legacy: Saving the Crumbling Ancestral Homes of Bollywood Icons

Published on: May 17, 2026, 9:45 a.m. | Source: Devdiscourse

The ancestral homes of Bollywood legends Dilip Kumar and Raj Kapoor in Peshawar are at risk of collapse due to recent earthquakes and neglect. Despite being declared national heritage sites in 2016, restoration has languished due to funding issues. Heritage advocates demand urgent action to preserve these cultural landmarks.

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Congress, activist questions U.P. Culture department’s ‘silence’ over repeated RTI requests on public money

Published on: May 17, 2026, 9:33 a.m. | Source: The Hindu

Congress questions U.P. Culture department's silence on RTI requests, alleging attempts to conceal public funding information.

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Ballroom Battle: Senate Blocks Funding For Trump's Contested Project

Published on: May 17, 2026, 9:24 a.m. | Source: Devdiscourse

The U.S. Senate's parliamentarian removed funding for President Trump's planned White House ballroom from a spending package. Senate Republicans seek additional taxpayer funds for security upgrades, but Democrats criticize the project as extravagant. The removal complicates Republican efforts, amid criticism over rising costs and a lawsuit challenging the construction.

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IU Celebrates Birthday By Donating 300 Million KRW To Charity Under ‘IUAENA’ Name

Published on: May 17, 2026, 9:22 a.m. | Source: News18

IU donates 300 million KRW under the name IUAENA on her birthday, funding Asan Medical Center and charities aiding patients, children, elderly, single mothers.

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Funding Battle: Trump's Ballroom Controversy

Published on: May 17, 2026, 8:55 a.m. | Source: Devdiscourse

A U.S. Senate official removed potential security funding for President Trump's planned White House ballroom from a large spending package. Democrats criticize the project, citing rising American costs and anti-immigration policies, while Republicans argue security needs. Democrats aim to leverage this issue for upcoming elections.

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Senate Official Blocks Funding for Trump's Controversial $400 Million Ballroom

Published on: May 17, 2026, 8:08 a.m. | Source: Devdiscourse

A U.S. Senate official has removed security funding for President Donald Trump's planned $400 million White House ballroom from a spending package, threatening the project's viability. Republicans seek taxpayer funding, while Democrats criticize the effort amid rising costs for Americans. Legal challenges and party tensions continue to surround the project.

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Karnataka gets record 1,122 new medical UG, PG seats with Rs 1,090 crore in central funding

Published on: May 17, 2026, 8:07 a.m. | Source: The New Indian Express

Union Health Ministry approves additional undergraduate and postgraduate medical seats for districts including Koppal, Gadag, Chamarajanagar, Karwar and Haveri.

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Vodafone Idea funding boost

Published on: May 17, 2026, 5:11 a.m. | Source: Telegraph India

Telecom firm reports strong quarterly profit and expands 5G services as it battles debt and subscriber losses in India

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Entrepreneurs in HP to get funding up to Rs 5 lakh under HIMUDA start-up policy: Minister

Published on: May 17, 2026, 4:01 a.m. | Source: Daily Excelsior

SHIMLA, May 16 : The Himachal Pradesh state government will be providing funding of up to Rs 5 lakh per proposal to young entrepreneurs under the HIMUDA Start-up and Student Innovation Policy, to boost economic growth and to generate employment opportunities. This was stated by Town & Country Planning Minister Rajesh Dharmani while he chaired a review meeting of the Himachal Pradesh Housing and Urban Development Authority (HIMUDA) on Saturday. During the meeting, the minister said that the policy aims […]

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Vodafone Idea's Bold Move: A New Chapter with Aditya Birla's Capital Infusion

Published on: May 16, 2026, 10:13 p.m. | Source: Devdiscourse

Vodafone Idea plans to raise Rs 4,730 crore through warrants from Aditya Birla Group's Suryaja Investments. This comes after Kumar Mangalam Birla's return as Chairman and follows a government reduction of adjusted gross revenue liabilities. The funding aims to tackle upcoming significant debt repayments.

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Decades later, Telangana still struggles to finish key irrigation projects

Published on: May 16, 2026, 8:59 p.m. | Source: Times of India

Telangana has 16 pending irrigation projects delayed for decades due to funding, land and clearances; Devadula to finish by Dec 2027 as costs surge.

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PM SHRI implementation: a tightrope ahead for UDF govt. in Kerala

Published on: May 16, 2026, 8:11 p.m. | Source: The Hindu

The UDF government's decision on the contentious PM SHRI scheme poses significant challenges amid political pressures and funding issues.

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Pakistan's Hydropower Dreams Dim Amid Funding Crisis

Published on: May 16, 2026, 4:32 p.m. | Source: Devdiscourse

Pakistan faces growing challenges in its water and hydropower projects due to severe funding shortages and escalating construction costs. Key projects, including the Dasu Hydropower Project and Diamer-Bhasha Dam, face decades-long delays, raising concerns over the country's future water security and energy planning.

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World Bank Approves $1 Billion to Boost Green Industrial Development in Northeast Brazil

Published on: May 16, 2026, 4:16 p.m. | Source: Devdiscourse

The programme will channel funding through Banco do Nordeste, a major regional development bank that plays a central role in financing economic development across Northeast Brazil.

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ICC Suspends Funding To Cricket Canada Due To Governance Issues

Published on: May 16, 2026, 4:11 p.m. | Source: News18

The move comes after reported breaches of ICC policies, including concerns over Cricket Canada's governance and lack of financial oversight.

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Ballroom Blues: Trump's $400M White House Project Sparks Controversy

Published on: May 16, 2026, 3:30 p.m. | Source: Devdiscourse

With midterm elections approaching, Democrats criticize Republicans for supporting a $400 million White House ballroom, branding it a frivolous distraction from rising living costs. Amidst debates on its funding source, the project remains a point of contention as Republicans and Democrats clash over economic priorities and transparency.

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Chasing Olympic Dreams: The Rise of USA Women's Handball

Published on: May 16, 2026, 2:38 p.m. | Source: Devdiscourse

Rylee White joins USA Handball's national residency program after a viral TikTok sparked interest. Over 150 women attended tryouts, aiming to represent the U.S. at the 2028 Olympics. Handball, popular in Europe, faces funding challenges in the U.S., but athletes are determined to revive the sport.

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Britain Unveils New Banking Reforms: A Shift in Financial Regulation

Published on: May 16, 2026, 1:12 p.m. | Source: Devdiscourse

The UK government plans to relax banking regulations, initially established to prevent a recurrence of the 2008 financial crisis. New proposals, expected soon, include allowing banks to reduce costs and lend with lower funding expenses, aligning with government economic objectives.

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Major setback for Cricket Canada as ICC halts funding for six months

Published on: May 16, 2026, 12:29 p.m. | Source: Times of India

Cricket News: International Cricket Council has suspended funding to Cricket Canada for the next six months over governance-related concerns, according to a report .

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ICC Suspends Cricket Canada funding over governance concerns

Published on: May 16, 2026, 11:45 a.m. | Source: Livemint

Cricket Canada relies heavily on ICC financial support. Its financial statements for the year ending 2024 showed that ICC distributions accounted for nearly 63 per cent of the organisation's total income, contributing CAD 3.6 million out of total revenues of CAD 5.7 million, as per ESPNcricinfo.

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Amit Shah calls for a unified global effort on the war against drugs

Published on: May 16, 2026, 11:34 a.m. | Source: The Economic Times

Union Home Minister Amit Shah called for synchronized global laws and real-time intelligence to combat drug syndicates and narco-terrorism, aiming for a drug-free India by 2047. He stressed that fragmented international approaches empower drug cartels and urged standardized punishments and seamless extradition of kingpins to prevent irreversible damage from drug abuse and its funding of crime.

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Centre Approves New Battalion to Strengthen Tripura's Security

Published on: May 16, 2026, 11:04 a.m. | Source: Devdiscourse

The Indian government has sanctioned the creation of a new India Reserve Battalion for Tripura. With a funding of Rs 50 crore from the Centre, this move aims to improve law and order in the state. Recruitment is set to be completed in two years, focusing on counter-insurgency and border guarding.

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AI reshaping venture capital's economics, new models for valuation and liquidity: World Economic Forum

Published on: May 16, 2026, 10:30 a.m. | Source: The Tribune

With AI-native firms reaching $100 million in annual recurring revenue in under a year and five companies alone absorbing 20 per cent of global VC funding in 2025, the WEF report warns that traditional SaaS valuation frameworks and liquidity mechanisms are becoming obsolete. The industry must adapt its capital structures, regulatory frameworks and talent ecosystems to support a new era of capital-efficient, infrastructure-heavy growth.

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Brazil's supreme court opens probe into funding for ex

Published on: May 16, 2026, 9:21 a.m. | Source: Lokmat Times

Brazil's supreme court opens probe into funding for ex-president's film - Brasilia, May 16 Brazil's Supreme Federal Court has ordered an investigation into the possible diversion of parliamentary funds ... Get Latest News on International only on lokmattimes.com

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Oxfam India activities are against country’s economic interest, MHA tells High Court

Published on: May 16, 2026, 5:23 a.m. | Source: The Indian Express

The Ministry of Home Affairs has accused NGO Oxfam India of conducting a negative and malicious campaign against the Assam tea industry and being a potential tool of foreign policy. The NGO has also been accused of funding and organizing protests against the coal industry, which goes against national economic interests.

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Starmer's $24 Billion Defence Bet: A Battle for Political Survival

Published on: May 16, 2026, 4:32 a.m. | Source: Devdiscourse

British Prime Minister Keir Starmer plans a significant increase in defence spending amid political challenges. With a potential £18 billion boost, he faces pressure over funding methods. The defense plan is crucial amid geopolitical tensions, yet funding without tax increases or borrowing raises concerns of cuts elsewhere.

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Smaller banks find it harder to hit a home run

Published on: May 16, 2026, 1:20 a.m. | Source: The Economic Times

Larger banks are dominating the home loan market. Mid-sized private banks are struggling as competition squeezes profits. State Bank of India, ICICI Bank, HDFC Bank, and Kotak Mahindra Bank are expanding their mortgage books. These big lenders use lower funding costs and wider reach. They see home loans as a way to build lasting customer relationships.

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Sunetra Pawar tightens family grip on NCP, sidelines Praful Patel, Sunil Tatkare

Published on: May 16, 2026, 12:47 a.m. | Source: The New Indian Express

Sunetra retains key powers within the family, entrusting financial and funding decisions to sons Parth and Jay Pawar as Patel and Tatkare face an uncertain futu

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Anthropic Raising $30 Billion More as AI Labs Absorb Majority of VC Funding

Published on: May 15, 2026, 11:18 p.m. | Source: Livemint

The AI front-runner could raise even more as a tiny number of companies get an unprecedented share of investment this year.

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State govt approves Rs 49.26 crore funding for water diversion scheme for Trimbakeshwar to bring about 165 hectares under irrigation

Published on: May 15, 2026, 11:13 p.m. | Source: Times of India

Maharashtra approves Rs 49.26 crore Amboli-Velunje water diversion scheme in Trimbakeshwar, Nashik, to irrigate 165 hectares and divert water to Godavari basin.

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Trump's Monumental Vision: American Heroes in Controversy

Published on: May 15, 2026, 8:36 p.m. | Source: Devdiscourse

President Donald Trump proposes creating a National Garden of American Heroes in West Potomac Park, featuring statues of prominent Americans. This project, however, may face legal and bureaucratic challenges over approvals and funding, echoing other controversial changes Trump initiated in Washington's heavily regulated monumental core.

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Continuance of BU’s PG Centre at Erode hinges on volume of 2026-27 admissions

Published on: May 15, 2026, 8:35 p.m. | Source: The Hindu

Bharathiar University’s PG Centre in Erode depends on strong 2026-27 admissions to remain operational and sustain funding.

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'Very serious': Kiren Rijiju asks Rahul Gandhi to disclose details of his foreign travels

Published on: May 15, 2026, 8:18 p.m. | Source: The Economic Times

Union minister Kiren Rijiju has called questions surrounding Rahul Gandhi's foreign trips and their funding very serious. He urged the Congress leader to share travel details with authorities to prevent potential legal action. The BJP had previously questioned the source of funds for Gandhi's numerous international visits, citing a discrepancy with his declared income.

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Kiren Rijiju flags 'very serious' concerns over Rahul Gandhi’s foreign trips, seeks funding disclosure

Published on: May 15, 2026, 8:11 p.m. | Source: The New Indian Express

Union minister calls issue “very serious”, urges compliance with travel disclosure norms; party alleges mismatch between income and expenditure on overseas visi

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A New Era: EFL Introduces Cost Control Framework for Clubs

Published on: May 15, 2026, 8:05 p.m. | Source: Devdiscourse

The English Football League (EFL) has announced a new financial framework for Championship clubs, capping player and manager spending at 85% of income from the 2026-27 season. The Squad Cost Rules (SCR) replace existing regulations and focus on real-time financial monitoring, with owner funding limits set to further control expenses.

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Rahul Gandhi's Foreign Travel Expenditure: Unveiling Serious Questions

Published on: May 15, 2026, 7:56 p.m. | Source: Devdiscourse

Union Minister Kiren Rijiju has raised serious questions regarding Congress leader Rahul Gandhi's foreign travels and their funding. The ruling BJP has demanded details of these trips, citing a mismatch between Gandhi's declared income and his travel expenses. Rijiju urges compliance with law to avoid potential actions.

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Jungle Ventures bets big on repeat founders, larger seed cheques amid funding slowdown

Published on: May 15, 2026, 7:39 p.m. | Source: The Hindu Business Line

Jungle Ventures increases seed investments in repeat founders and deep-domain operators, defying India's funding slowdown with larger capital allocations.

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Sebi expands permitted use of borrowings for highly leveraged InvITs

Published on: May 15, 2026, 7:13 p.m. | Source: The Economic Times

The changes, which have come into force with immediate effect, are aimed at providing greater flexibility to InvITs in managing funding requirements.

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Scandal and Suspense: Behind the Scenes of 'Dark Horse'

Published on: May 15, 2026, 5:48 p.m. | Source: Devdiscourse

Jim Caviezel's new film 'Dark Horse,' a biopic about Jair Bolsonaro, finds its production engulfed in scandal. Senator Flavio Bolsonaro confirmed funding from disgraced banker Daniel Vorcaro, who's involved in a fraud investigation. The controversy raises questions about the film's financial foundations and its political implications ahead of Brazil's elections.

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West Bengal Embraces PM SHRI Schools Initiative

Published on: May 15, 2026, 5:40 p.m. | Source: Devdiscourse

West Bengal has joined the PM SHRI Schools initiative after the new BJP government took charge, ending previous resistance due to funding disputes. The program, launched in 2022, aims to upgrade government schools as model institutions for the NEP 2020. An MoU was signed to formalize the collaboration.

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Tripura's Medical Education Boost: Centre Sanctions Rs 273 Crore

Published on: May 15, 2026, 4:08 p.m. | Source: Devdiscourse

The Indian government has approved a funding of over Rs 273 crore for the expansion of Agartala Government Medical College. This will enable an increase in MBBS and post-graduate seats, significantly enhancing medical education in Tripura.

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Drama and Intrigue: The Controversy Surrounding Jair Bolsonaro's Biopic 'Dark Horse'

Published on: May 15, 2026, 3:34 p.m. | Source: Devdiscourse

Jim Caviezel's film 'Dark Horse,' a biopic about former Brazilian President Jair Bolsonaro, has become embroiled in controversy after securing funding from banker Daniel Vorcaro, implicated in fraud. Senator Flavio Bolsonaro's involvement raises political tensions as investigators probe potential connections. The film is set to release before Brazil's pivotal election.

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Global Energy Crisis Drives Unavoidable Fuel Price Hike

Published on: May 15, 2026, 3:27 p.m. | Source: Devdiscourse

Union Minister G Kishan Reddy explained the unavoidable fuel price hike amid a global energy crisis. He urged public understanding while opposing misinformation, citing international conflict and transport issues. The increase follows election season and impacts welfare program funding due to fiscal strains on the government.

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Raipdo raises $240 million in fresh funding; Valuation triples to $3 billion in one year

Published on: May 15, 2026, 2:36 p.m. | Source: The Financial Express

Rapido, a ride-hailing platform, has raised $240 million in funding, bringing its valuation to $3 billion. Led by Prousus, the round saw participation from existing investors. The company plans to expand into new markets and deepen operations, with a 44% revenue growth in FY25 and a foray into car-hailing. Rapido is gaining market share and […] | financialexpress.com

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Rapido raises $240 million from Prosus, others

Published on: May 15, 2026, 2:11 p.m. | Source: The Hindu Business Line

Rapido secures $240 million funding led by Prosus, raising total to $730 million to enhance mobility and technology expansion.

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Rapido raises $240 million in primary funding led by Prosus, valuation at $3 billion

Published on: May 15, 2026, 1:51 p.m. | Source: CNBC TV18

Rapido raises 240 million led by Prosus, hitting a 3 billion valuation, to expand Tier 2 plus mobility services, tech, and driver livelihoods across India

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Rapido Secures $240M Funding to Drive Market Expansion and Technological Investment

Published on: May 15, 2026, 1:36 p.m. | Source: Devdiscourse

Rapido, a mobility platform, raised $240 million in a funding round led by Prosus, with participation from WestBridge Capital and Accel. The investment aims to expand market reach, bolster technological capabilities, and enhance mobility services across India, particularly in high-growth regions beyond major cities.

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Anthropic has agreed terms for $30 billion funding deal at $900 billion valuation: FT

Published on: May 15, 2026, 1:16 p.m. | Source: The Economic Times

AI firm Anthropic is reportedly nearing a $30 billion fundraising round, valuing the company at $900 billion. This significant valuation surge, driven by rapid revenue growth and strong investor interest, positions Anthropic to potentially surpass rival OpenAI. The company is also expanding infrastructure partnerships and seeing increased customer adoption.

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Rapido raises $240 million in funding led by Prosus at $3 billion valuation

Published on: May 15, 2026, 1:10 p.m. | Source: Business Today

Rapido said the fresh capital will be used to deepen its presence across high-growth markets, strengthen first- and last-mile connectivity and expand earnings opportunities for its driver-partners.

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Global Push to Decarbonise Steel and Cement Faces Massive Finance Gap: OECD

Published on: May 15, 2026, 10:54 a.m. | Source: Devdiscourse

A new OECD and Climate Club report warns that financial support for decarbonising heavy industries like steel, cement and chemicals in developing economies remains far below what is needed, despite these sectors being among the world’s largest sources of emissions. While international funding and private investment are beginning to rise, the report says much stronger global action and investment in breakthrough technologies such as clean hydrogen and carbon capture are urgently required.

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Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company

Published on: May 15, 2026, 9:14 a.m. | Source: The Economic Times

Alphabet has issued a record-breaking 576.5 billion yen ($3.6 billion) in yen-denominated bonds, marking its first such debt offering. This move supports its substantial AI investment program and funding diversification efforts. The issuance saw strong demand from investors, surpassing Berkshire Hathaway's previous record.

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Noida Police uncover Rs 1 crore foreign funding in violent labour protests; NSA invoked

Published on: May 15, 2026, 8:35 a.m. | Source: Zee News

Noida protest: Gautam Buddh Nagar Police claim over ₹1 crore in foreign currency was sent to Satyam Verma, an accused in the violent Noida labour protests. NSA has been invoked against key leaders.

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Musk Accused of 'Selective Amnesia,' Altman of Lying As OpenAI Trial Nears End

Published on: May 15, 2026, 8:20 a.m. | Source: Republic World

OpenAI's lawyers argued Musk's claims were tardy, suggesting he desired control over OpenAI. They countered allegations of misconduct, asserting Musk was aware of OpenAI's funding needs.

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Billion-Dollar Moves: Major Deals and Settlements In Financial Headlines

Published on: May 15, 2026, 7:37 a.m. | Source: Devdiscourse

Top stories include the U.S. SEC settling a lawsuit against Gautam Adani, Anthropic's $30 billion funding deal at a $900 billion valuation, LVMH's sale of Marc Jacobs to WHP, and Xpeng's discussions with Volkswagen regarding a European factory purchase to expand their market.

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AMD veterans' Agrani Labs scouts for $100 million to build AI chip

Published on: May 15, 2026, 6 a.m. | Source: The Economic Times

Agrani Labs, founded by former Intel and AMD executives, is aiming for a significant $100 million Series A funding. This investment will support the development of AI inference chips designed to work with Nvidia's CUDA software. The company is in talks with Qualcomm and Battery Ventures for potential investment.

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Why ₹4,900 crore is ‘vital’ to MMRDA and BMC

Published on: May 15, 2026, 3:40 a.m. | Source: Hindustan Times

Mumbai's transport agencies are in a funding dispute over ₹4,973 crore for vital projects like metro lines and coastal roads, impacting urban infrastructure. | Mumbai news

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ED Gets Court Nod To Question 19 Accused Allegedly Linked To ISIS Modules

Published on: May 15, 2026, 2 a.m. | Source: Free Press Journal

The Enforcement Directorate has secured court permission to question 19 accused allegedly linked to ISIS modules in Maharashtra and Uttar Pradesh. The agency claims the accused were financially interconnected and involved in terror funding, recruitment and unlawful activities linked to ISIS operations in India.

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US pledges new UN aid, says funding will prioritise countries aligned with Trump interests

Published on: May 15, 2026, 12:33 a.m. | Source: Firstpost

The State Department's top aid official said on Thursday that $1.8 billion in new humanitarian aid to be provided by the U.S. through the United Nations would be used in line with the Trump administration's foreign policy interests.

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Flavio Bolsonaro's Banker Ties Shake Presidential Race

Published on: May 14, 2026, 11:46 p.m. | Source: Devdiscourse

Flavio Bolsonaro, son of former President Jair Bolsonaro, faces scrutiny after ties to jailed banker Daniel Vorcaro emerge, potentially impacting his presidential race. Allies struggle to minimize the damage amid revelations about film funding. Financial markets react sharply to the controversy.

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Senators Agree to Withhold Pay During Federal Shutdowns

Published on: May 14, 2026, 10:07 p.m. | Source: Devdiscourse

Senators approved a resolution to suspend their pay during government shutdowns, aiming to make closures financially impactful for lawmakers themselves. The bipartisan measure follows frequent shutdowns, with senators agreeing to forgo salaries when federal closures occur, until normal government funding resumes.

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Anthropic AI Safety Fellowship 2026: How to apply, $15,000 funding, duration & hiring chances

Published on: May 14, 2026, 10:02 p.m. | Source: Business Today

Anthropic, founded by former OpenAI researchers, has positioned itself as one of the leading firms focused on AI alignment and “steerable” AI systems. The company says its mission is to create AI that remains reliable, interpretable, and beneficial for society.

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WHO Warns World Falling Behind on Global Health Goals as Inequality, Funding Gaps and Climate Risks Threaten Progress

Published on: May 14, 2026, 8 p.m. | Source: Devdiscourse

One of the report’s most serious warnings concerns the slowdown in progress toward universal health coverage (UHC).

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Americans could get $1,700 back in a new tax credit; here's who qualifies and how to claim it

Published on: May 14, 2026, 7:44 p.m. | Source: The Economic Times

A new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are starting to pay attention. The new tax relief program allows taxpayers to claim major savings through approved education scholarship donations, while also helping students access school funding support. As more states move to join the plan, the education tax credit is quickly becoming one of the biggest trending U.S. tax benefit stories for 2026.

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