Bloomberg

Bloomberg

AIIB plans to scale up water financing in India as El Niño worsens

The lender, which has approved $13.8 billion in financing for India, is looking to fund more water infrastructure and policy reforms as monsoon rainfall deficit widens

Updated On: 26 Sep 2026 | 11:11 AM IST

US seeks to expand passport records access for voter citizenship checks

The State Department proposal would expand access to passport records for state and local officials and potentially some nonprofits to verify voter eligibility

Updated On: 26 Sep 2026 | 9:01 AM IST

Tax fraud could cost US more than $300 billion annually, GAO finds

The Government Accountability Office estimated annual federal tax fraud losses at $116 billion-$304 billion, based on data from 2018 through 2024

Updated On: 26 Sep 2026 | 8:55 AM IST

OpenAI's models accessed US govt websites including US census and SEC data

The company said its models accessed publicly available data from Census and SEC websites as it investigates incidents involving AI systems bypassing security controls

Updated On: 26 Sep 2026 | 8:53 AM IST

Microsoft abandons personal AI chatbot race with Copilot reboot

It allows users to edit Word or Excel documents within a Copilot app or browser tab, addressing a common gripe that Microsoft's assistant had only limited reach into its own productivity software

Updated On: 25 Sep 2026 | 11:07 PM IST

Donald Trump tells OpenAI, Anthropic to withhold models from UK agency

Trump's government wants to ensure US-made models are secure before they are shared with partners including the UK

Updated On: 25 Sep 2026 | 10:32 PM IST

Trump admin seeks to expand access to passport records for voter checks

US State Department plans to allow state and local officials, and potentially nonprofits, to access passport records to verify voters' citizenship under a proposed policy

Updated On: 25 Sep 2026 | 10:38 AM IST

Trump-Xi summit goes big on pomp, but key US-China deals remain elusive

The most significant news tied to the gathering was when Treasury Secretary Scott Bessent said that the two sides had extended a trade truce for another two months

Updated On: 25 Sep 2026 | 10:00 AM IST

Anthropic signs $11.6 billion, seven-year AI computing deal with Akamai

Akamai will supply Anthropic access to central processing units, or CPUs, a type of generalist chip that's seen renewed demand in data centers where it's helping support AI services

Updated On: 25 Sep 2026 | 9:02 AM IST

US, Iran explore phased deal to reopen Strait of Hormuz, lift blockade

The two countries, which have both refused to make similar agreements in recent months, were making a push for a breakthrough Thursday on the sidelines of the UN General Assembly

Updated On: 25 Sep 2026 | 8:56 AM IST

Tech titans, Trump fete China's Xi Jinping at lavish state dinner

Trump has welcomed Xi with fanfare this week, affording rare state visit honors to a counterpart considered one of America's biggest industrial and military rivals

Updated On: 25 Sep 2026 | 8:51 AM IST

Xi Jinping pushes Trump to 'oppose' Taiwan independence in rare call

Since coming to power in 2012, Xi has made bringing Taiwan under China's control a key goal and vowed to achieve it someday, by force if necessary

Updated On: 25 Sep 2026 | 8:42 AM IST

Arnault tightens control on LVMH with simpler holding structure

As a result of the plan, almost all of the Arnault family's stake in the group would be held in a single listed entity, Agache SCA, replacing the major LVMH holding company Christian Dior SE.

Updated On: 24 Sep 2026 | 11:05 PM IST

India's JSW Group wants Volkswagen to cover $1.4 billion tax liability

The tax issue stems from the Indian govt's allegation that VW misclassified some vehicle assembly kits imported from certain countries between 2012 and 2024 that reduced the levies it had to pay

Updated On: 24 Sep 2026 | 7:47 PM IST

India taking steps to build strategic sectors: Economic Affairs secy

Economic Affairs Secretary Anuradha Thakur said India must build capacity in strategic sectors such as semiconductors to shield the economy from an uncertain global environment

Updated On: 24 Sep 2026 | 3:20 PM IST

India's power crunch tops summer levels as El Nino hits hydropower

Nighttime power shortfalls have reached 7.7 GW this month, while hydropower generation fell 12 per cent in September, pushing coal plants to run harder to meet demand

Updated On: 24 Sep 2026 | 1:36 PM IST

Bentley debuts first EV, a Merino-lined luxury SUV targeting younger buyers

The 173,000 euros electric SUV is Bentley's cheapest model and adds a fourth model line as the Volkswagen-owned brand takes a more cautious approach to electrification

Updated On: 24 Sep 2026 | 12:29 PM IST

RBI carries out currency swaps worth at least $10 bn to reduce liquidity

The Reserve Bank of India has conducted sell-buy dollar-rupee swaps with lenders over the past two weeks, taking rupees out of the financial system to contain risks from surplus liquidity

Updated On: 24 Sep 2026 | 11:47 AM IST

Black Sea disruptions push Bangladesh back towards Indian wheat supplies

Importers have booked more than 200,000 tonnes of Indian wheat since Dhaka lifted restrictions in August, as disruptions to Black Sea trade push buyers to seek alternative supplies

Updated On: 24 Sep 2026 | 10:22 AM IST

EAM Jaishankar, Rubio discuss impact of Russia-linked sanctions on India

India's foreign minister raised New Delhi's concerns over US sanctions that could impose tariffs on countries buying Russian crude, while Washington highlighted energy security support

Updated On: 24 Sep 2026 | 9:33 AM IST