- Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims May 22, 2026Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims
- SpaceX’s Money-Losing Rockets Are Biggest Asset in AI Dream May 22, 2026SpaceX revealed eye-popping numbers in its IPO prospectus, including a $26.5 trillion potential market for an empire spanning artificial intelligence and telecommunications.
- Wingtech seeks $1.2 billion damages in new suit against Nexperia May 22, 2026WINGTECH-CHINA-NEXPERIA:Wingtech seeks $1.2 billion damages in new suit against Nexperia
- Sun Pharma guides for slower FY27 growth amid regulatory, macro challenges May 22, 2026Sun Pharma forecasts high single-digit revenue growth for FY27 after an 11.9% increase in FY26 revenue. The company aims to expand its innovative portfolio amid regulatory challenges and compliance issues, while also focusing on acquisitions and new product launches in the obesity-drug market.
- Central Bank OFS subscribed 2.35 times on Day-1, govt exercises green shoe option May 22, 2026The strong response to the OFS comes at a time when the government has set an ambitious disinvestment and asset monetization target of ₹80,000 crore for FY27, nearly 135% higher than the revised divestment estimate of ₹33,837 crore for FY26.
- RBI greenlights record surplus transfer of Rs 2.86 lakh crore May 22, 2026The Reserve Bank of India's central board approved a record Rs 2.86 lakh crore surplus transfer to the government for FY26. This significant boost to non-tax revenues aligns with expectations. The RBI's balance sheet expanded, and net income rose, supported by increased gross income.
- India blocks China's request for solar, IT dispute panel at WTO May 22, 2026India has blocked China's initial request for a World Trade Organization dispute panel. China alleges India's tariffs and incentives discriminate against its IT and solar energy imports. India maintains its measures align with global trade rules. This dispute stems from China's filing last year. China can renew its request at a future meeting. […]
- RBI MPC: Bank economists back a rate hike in H2 of FY27 May 22, 2026Bank economists have advised the Reserve Bank of India that interest rate increases will be necessary later this financial year. This is to manage the effects of the West Asia conflict and ensure economic stability. Most economists do not expect a rate hike in the upcoming June policy meeting.
- India in better position to manage retail inflation, RBI must hold rates: ASSOCHAM May 22, 2026India is well-positioned to handle retail inflation, according to ASSOCHAM. The industry lobby recommends the Reserve Bank of India maintain the current repo rate. Support measures for export-oriented and energy-intensive MSMEs are also advised. India's inflation performance is noted as better than the US. The central bank's recent liquidity inject […]
- India blocks China’s first request to setup WTO dispute panel in IT, solar measures May 22, 2026India has blocked China's initial request for a World Trade Organization dispute panel. China alleges India's tariffs and incentives unfairly target its information technology and solar energy imports. India maintains its measures align with global trade rules. China can renew its request at a future meeting. This dispute highlights trade tensions […]
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