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VC, PE Funds Use IPOs, Post-Listing Deals To Return Capital After Backing Pvt Cos For Yrs

The United States revoked an Iran oil sanctions waiver after recent tanker attacks. Three tankers were struck by projectiles in the Strait of Hormuz. One vessel caught fire off the coast of Oman following the incident. The Iranian foreign ministry condemned the US move as a breach of commitment. These events threaten to disrupt vital

Getty Image has ended its planned $3.7 billion merger with Shutterstock. The UK competition regulator required Shutterstock to sell its editorial business. Getty’s board decided this condition was not in the company’s best interests. The companies had unveiled the deal in January 2025 to build a visual content powerhouse. Both firms now face increasing pressure

South Asia witnessed a sharp rise in FDI inflows, which climbed from $34 billion to $46 billion, largely driven by India, where inflows expanded to $39 billion, the report noted. At the same time, UNCTAD observed that project-related indicators suggested a more cautious investment environment despite the increase in overall inflows.

US stocks traded mixed on Tuesday as technology shares faced pressure. Declines in artificial intelligence and semiconductor stocks weighed on the Nasdaq Composite. The S&P 500 also slipped, while the Dow Jones Industrial Average saw gains. This weakness followed a sharp sell-off in Asian markets, particularly South Korea’s Samsung Electronics. Oil prices moved higher after

India has asked the United States to withdraw proposed tariffs on its imports. The nation argues the US lacks adequate evidence for its claims. India’s submission highlights a broad approach by the USTR investigation. It states the current framework does not distort trade unfairly. India remains open to dialogue and consultation on specific concerns.

Data from the India Meteorological Department showed that cumulative rainfall across the country was 38% below normal until July 1, largely due to the development of El Niño conditions over the Pacific Ocean, which affected the southwest monsoon running from June to September.

India has launched the National Critical Mineral Mission (NCMM) in January 2025 for a seven-year period from 2024-25 to 2030-31. The mission goes far beyond a conventional mining initiative. It lays out a long-term strategy aimed at strengthening India’s energy security, accelerating industrial development and enhancing technological self-reliance.

Chinese officials are discussing restricting overseas access to advanced artificial intelligence models. These talks involve major technology firms like Alibaba and ByteDance. The government views cutting-edge AI as a strategic national asset amid global competition. Discussions also covered strengthening legal protections for proprietary AI technology. This move follows China’s increasing global traction in the AI