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Low tax is India's lure as green debt misses nation's sovereign bond boom

The nation will allow the trading of sovereign green debt from its newest finance hub in Prime Minister Narendra Modi's home state of Gujarat by March

DMI Finance set to raise funds from MUFG at $3 billion valuation

DMI Finance plans to use the capital to expand its balance sheet, co-founder said

AI tech giants hide dirty energy with outdated carbon accounting rules

Recently Microsoft reported that its emissions are 30% higher today than in 2020, when it set a goal to become carbon negative

Cholamandalam to raise Rs 1,000 cr by selling largest private perp bond

The note, which doesn't have a maturity date, is being arranged by Axis Bank Ltd. and carries a coupon of 9.50 per cent, according to people familiar with matter

Nvidia stock eyes return to record as investment in AI space continues

Companies are pouring tens of billions of dollars into building out AI infrastructure and services, making the beneficiaries close to a sure thing in terms of their growth prospects

Fed chief Powell confronts policy crossroads with all eyes on Jackson Hole

The hotly anticipated speech at the Fed's annual gathering in Jackson Hole, Wyoming, comes at a high stakes moment for the US central bank and the $27 trillion Treasury market

HDFC Bank taps retail bankers as wealth managers amid talent crunch

Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns

Southeast Asia's solar industry boom threatened by US-China trade tensions

Chinese firms that set up factories there over the last decade are now being accused of skirting US import levies on their home market

Africa's mpox vaccine plan aims to avoid repeat of Covid-19 pandemic errors

It was a similar story during the Covid-19 pandemic. When those shots first became available, Africa found itself at the back of the queue

Byju's hedge fund ally Morton seeks to keep lawyers as cash runs out

After the hearing, Morton said his Miami-based Camshaft Fund has run out of cash and owes money to creditors

OpenAI to allow corporates to customise its most powerful AI model

The move comes as startups face rising competition for their AI products for business, and businesses face growing pressure to demonstrate the gains from investment in AI

AI boom driving earnings growth for Europe's biggest industrial companies

Data center revenues for the six biggest electrical firms reached €20 billion ($22.2 billion) last year, double what they were five years earlier, according to Redburn Atlantic analyst James Moore

Gold pares gains after hitting records as focus turns to Jackson Hole

Bullion climbed to as high as $2,531.75 an ounce, taking this year's gain to more than 22 per cent, before giving up some of the advance

Wealthy Indians' plan to invest abroad via GIFT city hits roadblock

The regulator for Gujarat International Finance ­Tec-­City is halting approvals for family investment funds after feedback from the central bank

Zelenskyy urges US, European allies to remove limits on weapons use

Operation to seize Russian territory in the Kursk region would have been viewed as crossing the strictest of all red lines

China approves 11 nuclear reactors worth $31 billion across five sites

China has more nuclear reactors under construction than any other nation in the world

Mpox outbreak spreads in Africa with Burundi reporting 100 cases: WHO

The cases, 28 per cent of which were in children under five, have been reported since July in multiple districts

Ambani takes Shein's help to battle Tata in race to sell affordable fashion

Reliance Industries Ltd. has poured more than $2 billion into its retailing unit over the past year

Huge profits made by investors on catastrophe bonds raising eyebrows

Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster coverage, have been handing investors double-digit returns

Summer deals heat up as 7-Eleven, Pop Tarts drive M&A wave: Report

7-Eleven parent Seven & i Holdings Co. soared Monday after saying it's received a takeover proposal from the owner of Circle K