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Toll from Venezuela earthquakes climbs to at least 920 dead, 3,360 injured

Toll from Venezuela earthquakes climbs to at least 920 dead, 3,360 injured

The toll from the back-to-back earthquakes that devastated Venezuela this week climbed Friday to at least 920 dead and 3,360 injured, authorities said.

The new figures were announced by Jorge Rodriguez, the president of the country's National Assembly.

Thank you, says Trump as Telangana names Hyderabad road after him

Thank you, says Trump as Telangana names Hyderabad road after him

Donald Trump expressed his gratitude for naming a road in Hyderabad, India, after him, saying he was the first US President to be honoured this way.

Trump's remarks on Truth Social on Friday came after the Telangana government named a road adjoining the US Consulate in the southern Indian city as "Donald Trump Avenue".

Trump may visit India next year, trade deal close to finalisation: Rubio

Trump may visit India next year, trade deal close to finalisation: Rubio

Secretary of State Marco Rubio said the US is seeking to ​arrange a visit to India by President Donald Trump early next year as the countries work on a bilateral trade deal, Indian media outlet IANS reported on Saturday.

Rubio is likely ‌to travel to India this ​year to prepare for ​the president's visit, he told IANS in an interview.

US strikes Iran after drone attack on cargo ship in Strait of Hormuz

US strikes Iran after drone attack on cargo ship in Strait of Hormuz

The US struck Iran on Friday in response to a drone attack a day earlier on a cargo ship in the Strait of Hormuz. It's the most significant test yet to an interim understanding reached a week ago by the two countries to begin working to end their months-long war and reopen the pivotal waterway.

US President Donald Trump said the drone attack violated the ceasefire.

Legal review reveals ex-chairman's charges 'not substantiated': HDFC Bank

Legal review reveals ex-chairman's charges 'not substantiated': HDFC Bank

India’s largest private sector lender HDFC Bank said on Friday that an independent legal review it had commissioned into allegations made by former part-time chairman of the bank Atanu Chakraborty in his resignation letter were “not substantiated” by documentary evidence or witness interviews.

On March 18, Chakraborty had resigned as the part-time chairman and independent director of HDFC Bank.

Prabhjeet Singh of Uber India resigns, set to join ChatGPT maker OpenAI

Prabhjeet Singh of Uber India resigns, set to join ChatGPT maker OpenAI

ChatGPT maker OpenAI said on Friday that outgoing Uber India CEO Prabhjeet Singh will join the company’s India operations in September as the managing director for the cou­ntry. Singh will report to Kiran Mani, who OpenAI appointed as managing director for Asia Pacific in March this year.

Vedanta unit accepts bids worth $1.75 bn for 3-tranche dollar debt: Bankers

Vedanta unit accepts bids worth $1.75 bn for 3-tranche dollar debt: Bankers

A subsidiary of UK-based Vedanta Resources has accepted bids worth $1.75 billion for a three-tranche issuance of dollar bonds, as it seeks to refinance high-yielding outstanding debt, three merchant bankers said on Friday.

Vedanta Resources Finance II has raised $500 million through six-year bonds at a coupon of 7.00%, $700 million through eight-year bonds at a 7.3750% coupon, and $550 million through 11-year bonds at a coupon of 7.75%, the bankers said.

Venezuela earthquake death toll rises to 188 as rescue efforts expand

Venezuela earthquake death toll rises to 188 as rescue efforts expand

The death toll is rising in Venezuela after back-to-back earthquakes struck west of the capital on Wednesday, toppling buildings and severely damaging the country’s main international airport.

The natural disaster has killed at least 188 people and injured more than 1,500 others in a country where emergency response capacity is limited after years of political and economic turmoil.

Weak monsoon emerges as India's next economic problem after crude oil

Weak monsoon emerges as India's next economic problem after crude oil

A weak monsoon is emerging as India’s next inflation risk, with a developing El Niño threatening to curb rainfall and push up food prices just as an easing oil relieves broader price pressures.

The southwest monsoon, which accounts for about 70% of India’s annual rainfall, is vital for the $300 billion farm economy and has an outsized influence on food prices, rural demand and broader economic output.

Foxconn Singapore acquires stake in India subsidiary for $37.2 million

Foxconn Singapore acquires stake in India subsidiary for $37.2 million

Hon Hai Precision Industry Co. has said that its subsidiary, Foxconn Singapore, acquired around 351.73 million common shares in its India subsidiary, Foxconn Hon Hai Technology India Mega Development Ltd, for $37.2 million, according to a stock exchange filing.

The Taiwanese electronics giant is the world's largest manufacturer of iPhones.

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