Jupiter Fund Management Plc
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EU Unlocks €16.4 Billion for Hungary Under New PM Magyar, May 30
EU Commission releases €16.4 billion in frozen funds for Hungary under PM Péter Magyar following anti-corruption reforms and rule-of-law improvements.
DeSantis Pushes $250K Property Tax Exemption Plan, May 30
DeSantis proposes raising Florida’s homestead exemption to $250,000, potentially eliminating property taxes for 60% of homeowners.
Telangana Gets ₹9,968 Crore for Village Councils, May 30
Telangana receives ₹9,968 crore for gram panchayats and rural bodies from 2026-27 to 2030-31 to support rural infrastructure and services.
LIC Share Price Halves on Bonus Record Date, Real Decline Just 1.5%
LIC share price fell 50% on May 29 after 1:1 bonus record date. This was a technical adjustment only; actual stock decline was just 1.5%.
EPFO 3.0 Brings Instant PF Withdrawals via UPI and ATM, May 30
EPFO 3.0 enables instant PF withdrawals via UPI and ATM. Members can withdraw 50-75% of balance. Auto-settlement limit raised to ₹5 lakh.
SOXL Surges 3.29% as AI Chip Demand Powers Semiconductor Rally, May 29
SOXL ETF rises on semiconductor sector rally driven by AI chip demand. PHLX Index up 40% in April; global chip sales forecast $975B for 2026.
US Consulate Builder Faces Milan Labor Probe Over Indian Worker Abuse, May 30
Milan prosecutors investigate Caddell Construction for exploiting Indian workers on US consulate project. Workers paid under poverty line, charged…
India’s Stock Market Falls 1.5% on Monsoon Fears and Iran Tensions, May 30
NSE Nifty fell 1.5% to 23,547.75 and BSE Sensex dropped 1.44% to 74,775.74 on May 29 amid monsoon concerns, FII selling, and MSCI rebalancing.
Anthropic Hits $965B Valuation, Surpasses OpenAI in May 29 Funding
Anthropic raises $65B Series H at $965B valuation with $47B run-rate revenue, led by top-tier investors including Altimeter Capital and Sequoia.