The University of Kansas Hospital Authority has filed a lawsuit alleging CVS diverted more than $61 million from the federal 340B drug discount programme.
Category: Business
Anthropic Signs $1.25 Billion Per Month Compute Deal With SpaceX’s Colossus Supercomputers
SpaceX’s S-1 reveals Anthropic will pay $1.25 billion monthly through May 2029 for access to the Colossus and Colossus II supercomputers.
Pakistan’s Structural Relevance in a Fragmenting Regional Order Attracts Investor Caution
Geopolitical analysts highlight how the Iran war and regional fragmentation are reshaping Pakistan’s strategic and economic positioning for investors.
Meta Lays Off 10 Percent of Workforce and Redirects Thousands to AI Projects
Meta has announced layoffs affecting roughly 10% of its global workforce as it realigns resources toward new generative AI initiatives.
India Private Sector Activity Remains in Expansion Territory in May Says HSBC Flash PMI
HSBC’s flash PMI data shows India’s private sector continues to grow in May 2026, though the pace of expansion has softened slightly.
India’s Current Account Deficit Rises to $13.2 Billion in December Quarter
India’s CAD widened to 1.3% of GDP in Q3 FY26, mainly driven by a larger merchandise trade gap, according to official data.
India-Italy Special Strategic Partnership Includes INNOVIT Joint Innovation Hub
As part of the newly upgraded bilateral relationship, India and Italy have launched INNOVIT, a joint innovation hub to foster technology collaboration.
Sovereign Bond Yields Rise 50 bps Across Advanced Markets Amid West Asia Crisis
Yields on 10-year bonds in Japan, UK, US, Canada and several other markets have risen sharply since the start of the Iran conflict.
India’s Tea Exports Hit by Geopolitical Tensions and Rising Freight Costs
The Indian Tea Association warns that higher freight costs and geopolitical disruptions are hurting export volumes in FY26.
Odisha State Data Policy 2026 Proposes Centralised Data Warehousing and Consent Management
Odisha’s new data policy seeks to build a unified data infrastructure with strong privacy protections and analytics capability.