Karnataka Drought Crisis: Failed Crops, Debt Surge and Push for Central Aid

A severe drought crisis in Karnataka has triggered a deepening agrarian emergency, leaving farmers burdened with mounting debt following crop failures. In Tumakuru and Dharwad districts, deficit rainfall has devastated yields of tomatoes, flowers, ragi, and jowar across lakhs of hectares. With 217 out of 240 taluks declared drought-affected, the Karnataka government has estimated agricultural…

CERo Therapeutics to Sell Operating Subsidiary to SRX Global for $1M in Stock Plus Debt Relief — TradingView News

CERo Therapeutics Holdings entered into a Stock Purchase Agreement to sell all shares of its operating subsidiary, CERo Therapeutics, to SRX Global. Consideration includes $1.0 million of SRX common stock (priced by the lower of prior-day close or 20-day VWAP), forgiveness of obligations under a senior secured note (originally up to $11.67 million; $8.25 million…

AI news: Tech companies tap debt to fund cloud expansion

Thomas Martin, senior portfolio manager at Globalt Investments, joins BNN Bloomberg to discuss the outlook on the markets. The world’s largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments. Alphabet, Amazon, Microsoft and Meta…