Page 4 - Bloomberg

Trump weighs $100,000 fee for foreign students to work after graduation

If implemented, the fee would put a popular post-graduate visa extension out of reach for many students

US GDP grows less-than-expected at 1.5% despite strong consumer spending

US economic growth slowed to 1.5% in the second quarter as weaker net exports offset robust consumer spending and strong AI-led business investment

Kudankulam nuclear project costs jump 55% after delays due to Ukraine war

Construction delays linked to the Ukraine war have pushed the estimated cost of four new Russian-designed reactors at Kudankulam to ₹1.38 trillion

IPL's business value rises to $20.6 billion in 2026 as tycoons flock

Houlihan Lokey's 2026 IPL Brand Valuation Study found that IPL's standalone brand value has risen to $4.3 billion, up 10.3% from the previous year

India scrambles for sunflower oil alternatives on Black Sea disruptions

Delays in sunflower oil shipments from Russia and Ukraine push the world's largest buyer towards palm, soy and South American supplies amid weak domestic crops

Italian family clashes over Del Vecchio's $46 billion Ray-Ban empire

A governance crisis at EssilorLuxottica deepens as heirs of founder Leonardo Del Vecchio struggle to manage the fortune he built before his death

Student protests highlight India's soaring private coaching costs

Neet paper leak protests have highlighted the growing burden of private tuition as families spend a larger share of incomes on competitive exam preparation

US Senators warn Apple not to buy chips from blacklisted Chinese firms

Bipartisan lawmakers warn Apple against sourcing memory chips from CXMT and YMTC, citing national security concerns over reliance on Chinese suppliers

$32 bn inflows from India's forex drive yet to lift rupee, boost liquidity

RBI Governor Sanjay Malhotra has said that banks have mobilised $32 billion under recent measures, though the inflows are yet to significantly boost forex reserves, banking liquidity or the rupee

Govt to push Tax Amendment Bill for global bond funds amid Parliament din

The administration plans to table the Income Tax Amendment Bill in the lower house of Parliament as early as next week to replace the ordinance notified early June

Russian govt charges Telegram founder Pavel Durov with aiding terrorism

Russian officials opened an investigation in February into Durov, who's also a citizen of the United Arab Emirates, after he criticized the state's crackdown on social media

UEFA considering boycott of Fifa events in brewing fued over investment

The two nonprofit organizations have long had an uneasy relationship, exacerbated recently as Fifa encroached on UEFA's turf

China bolstering its positive influence over youth of Africa, shows survey

Some 95% of young African respondents consider Beijing's influence on the continent as positive, while 85% regard Washington's standing in a similar vein, the survey found

More than 1,100 workers of AI firms calls on US govt to pace tech growth

The letter has been signed by employees across nearly a dozen firms, including OpenAI, Anthropic PBC, Alphabet Inc.'s Google and Meta Platforms Inc

OpenAI's AI agents compromised a customer at second tech firm Modal

The agent broke into an isolated testing environment known as a sandbox that Modal was running for a customer, Akshat Bubna, chief technology officer of the cloud platform for developers said

Software stocks in India are set to beat global chipmakers by record

The divergence suggests investors are growing weary of the AI-driven rally in chip stocks, while renewing interest in India's IT services firms after a years-long slump

US probes China-linked factories in Vietnam, stoking new tariff fears

US customs officials have conducted spot inspections at China-linked factories in Vietnam to check for transshipment, local value addition and intellectual property violations

Visa to layoff 7% of workforce as CEO McInerney seeks to revamp company

Visa CEO wrote, "I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company"

Standard Chartered India loses top wealth executives amid strategy revamp

Saurabh Jain, the head of Standard Chartered India's wealth management and affluent client segments, is leaving the bank by the end of this week and will join Bandhan AMC Ltd. as CBO

Tata Power expects to build its first nuclear plant as early as 2032

The company has shortlisted sites in at least three states to build nuclear projects and will start work after the government finalizes the rules for private companies, CEO Praveer Sinha said