Op Sindoor planner tied to choosing terror targets in Pakistan: Who is Ram Temple CEO Jeetendra Mishra?Jeetendra Mishra accompanied Prime Minister Narendra Modi to the Adampur air base in Punjab after Operation Sindoor. Updated on: Sep 3, 2026, 08:00:02 IST By Rahul Singh
Banks’ 'Certificate of Deposits' rates dip as FCNR flows hit $127 billionThe RBI’s scheme for attracting foreign currency deposits from NRIs has boosted banking-system liquidity, reducing banks’ need to raise funds through CD's. Updated on: Sep 3, 2026
Controversy is swirling around Rachel Cusk's new novel and its movie-star protagonist named "M". Why the fuss – and could the character be based on Natalie Portman? From Truman Capote mining the secrets of his high society friends for his writing to The Devil Wears Prada's Miranda Priestly
Did Travis Kelce’s ex Kayla Nicole really ‘expose’ him? Viral cheating and $5M claims debunkedThe viral Kayla Nicole and Travis Kelce claims raise questions about cheating, $5 million, and what Nicole actually said. Published on: Sep 3, 2026
For almost two decades, Lady Victoria Beckham has been trying to prove that she is more than simply Posh Spice. Now, her fashion and beauty business has reached a milestone many doubted it would achieve: profitability. Victoria Beckham Holdings announced an operating profit of £7
Trump terms $300 billion fund to rebuild Iran as

US President Donald Trump has dismissed claims of Washington paying Iran a massive sum. Reports suggested a $300 billion fund for investment, contingent on Iran's nuclear deal compliance. This fund would be for companies, not direct government payments. Sanctions relief would be phased, linked to Iran's actions. Officials emphasize no money has flowed to Iran yet.
US President Donald Trump has rejected a report suggesting Washington would pay Tehran a whopping sum of money, calling the claims "Fake News" propagated by the "Dumocrats".
"The story that the U.S. is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats," Trump wrote in a post on Truth Social.
Also read: US at odds with allies over how easy it is to reopen Hormuz
The dismissal came after the reported that Trump's administration is considering creating a $300 billion fund, aimed at facilitating investment by companies interested in entering Iran, rather than providing money directly to the Iranian government.
A big $300 billion fund to rebuild Iran?
According to the report, the proposed fund would be contingent on Iran agreeing to a final settlement to end the conflict, including a nuclear agreement with Washington. A senior US official told the newspaper that the administration had discussed the possibility of sanctions relief and "a big $300bn fund to rebuild their country".The incentives, the official said, would be linked to Iran's "performance" in adhering to a memorandum of understanding (MoU) that is expected to be formally signed in Switzerland on Friday.
Citing a person briefed on the talks, the Financial Times reported that the fund's establishment would follow a 60-day extension of the ceasefire, the reopening of the Strait of Hormuz and further negotiations on a nuclear accord. The person added that the money would not come from governments but would instead be created for companies interested in investing in Iran.
"There is interest from a lot of businesses in Europe, a lot in Asia, South Korea, Japan etc, and American companies and businesses as well," the person told the "If the sanctions are lifted, this fund would be a significant amount and it will be huge."
Also read: 'Iran agrees to never have nuclear weapons,' says Trump after signing MoU with Tehran
Sanctions relief in phases
US Vice-President JD Vance also suggested that access to the reconstruction fund would depend on Tehran's compliance with any final agreement. The $300 billion fund would be "the sort of thing [Iran] could have access to . . . so long as they honour their end of the obligation", he told CBS News, according to the Financial Times.The newspaper reported that any sanctions relief, including the unfreezing of Iranian assets held overseas, would be released in phases and remain dependent on progress in nuclear negotiations and a final settlement. However, senior Trump administration officials indicated that the US could offer "small gestures" of financial relief "in the beginning" as a trust-building measure.
One senior official also stressed that "zero" dollars have flowed to Iran since Trump, Vance and Iran's parliamentary speaker, Mohammad Bagher Ghalibaf, remotely signed the document. Another official said sanctions relief was "not tied specifically to any particular conduct" but rather to Iran "behaving appropriately", adding that "the thing that we care the most about is the nuclear programme".
Add as a Reliable and Trusted News Source Add Now!
Source: EconomicTimes
Related Posts: FIFA President Infantino denies claims of UEFA paying off his alleged lover Dismissed, reinstated, then attacked me Drake's lawsuit over Kendrick Lamar diss track is dismissed Dismissed as a joke FIR Against Bharti Singh Dismissed North Korea Defence Minister dismissed Donald Trump says Washington has waited 200 years for the arch he wants to build Pakistan PM Shehbaz to travel to Washington to meet President Trump on Thursday Donald Trump completes a year as US President US President Donald Trump says Pakistan-Afghanistan conflict is
On August 26, Samar Bezbaruah was preparing for a regular day. He had left his home in Assam’s Nalbari district seven months earlier to work in Nepal’s 216-MW Upper Trishuli-1 hydropower project. That morning, he walked into the project’s tunnel with a group of 20 others to begin the day’s
1 days ago
US Energy Secretary Chris Wright denied claims of stealing Venezuelan oil. He stated private companies bring money and technology to develop resources. Wright emphasized fixing Venezuela's electricity sector is crucial for oil production. President Trump called the oil pact the world's biggest deal
1 days ago
Spotify will not ban AI-generated music but will focus on preventing impersonation. The company introduced AI Credits for artists to disclose AI usage in songs. New AI Persona badges will identify profiles that appear to be AI-generated. This approach aims to inform listeners and protect genuine
1 days ago
Shriya Pilgaonkar says Guilty Minds Season 2 cancellation ‘broke my heart’: ‘Rare to get a part like that’ | InterviewDuring the promotions of Haiwaan, the actor told Hindustan Times that the show remains closest to her heart even if season 2 was not comissioned by Prime Video
1 days ago
Himachal Pradesh Assembly passed a bill amending the state university recruitment system. The government aims for transparent and merit-based appointments in universities. Opposition legislators and university teachers protested the proposed changes to recruitment powers
1 days ago
Sanjeev Sanyal, a member of the Prime Minister’s Economic Advisory Council, in an interview to India Today on Tuesday defended the Union government’s change in the methodology for calculating the gross domestic product amid Opposition’s allegations of data manipulation.Sanjeev Sanyal
1 days ago
Donald Trump's portrait has made its way on to a US coin - the first time a living president has appeared on American currency in a century. The US Mint launched the commemorative $1 coin with a portrait of Trump alongside the words "In God we trust", to celebrate America's 250th anniversary
1 days ago
Uber layoffs: CEO Dara Khosrowshahi to cut 10% of staff to simplify business. Read full memoUber is cutting 10% of its global workforce to flatten organisational layers, CEO Dara Khosrowshahi said in a memo. Updated on: Sep 3, 2026, 07:08:17 IST By Trisha Sengupta Prefer HTon Google Share via Copy
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Google Pixel 10a covers: 4 official options on Flipkart if you want style and protectionJust bought the Google Pixel 10a? These four official Google cases on Flipkart offer different
1 days ago
A little bit of hunger is good for you," says Serge Pizzorno. "Keeps you going. The Kasabian frontman is describing a typical day in his home recording studio. Snacks and phones are banned, but he might screen a film in the background (typically something by David Lynch) while he tinkers with his
2 days ago
Three killed in separate wall collapse incidents in Odisha amid heavy rainfallOdisha recorded 1,154.3 mm of rainfall between June 1 and August 31 against its normal seasonal rainfall of 1,150.2 mm Updated on: Sep 2, 2026, 07:49:44 IST By Debabrata Mohanty Prefer HTon Google Share via Copy link
2 days ago
If you’re depositing your PF with a company, this is important. This is big news for the millions of members of the Employees’ Provident Fund Organization (EPFO). The central government is making major changes to the EPFO’s digital system, and under EPFO 3.0
2 days ago
Commercial LPG Cylinder Price Hike September 1: The revised prices, effective from September 1, and are expected to raise the operating costs for businesses such as hotels, restaurants and cloud kitchens that rely on LPG for their day-to-day activities
2 days ago
GoPro sold for $285 million: Starman Optical to take 90% stake in camera makerGoPro is being bought by Starman Optical for $285 million as the action-camera maker faces debt, rising memory chip prices and tough Chinese competition. Updated on: Sep 1, 2026
2 days ago
Vaishnavi Patil, 26, was supposed to share the stage with Rahul Gandhi at a Congress party event for women in Pune last month. She could not address the crowd because of time constraints but was far from disappointed. “This was the first event where a political party head was talking about
2 days ago
3-day national youth athletics meet kicks off at Guru Nanak Stadium in LudhianaBeing held from September 1 to 3 under the aegis of the Athletics Federation of India (AFI) and organised by the Punjab Athletics Association, the opening day witnessed competition for national honours across various
2 days ago
Aug 31 (Reuters) - Anthropic said on Monday it resumed external cybersecurity testing of AI models after deploying new safeguards, following incidents last month in which Claude models accessed the internet and hacked into other systems during security evaluations
2 days ago
ICTS 2026: Centre says Delhi set to get comprehensive road-grid plan within 3-4 monthsThe Capital is set to get a comprehensive road-grid plan within months as the Centre moves to implement the city’s new master plan, a senior Union housing and urban affairs ministry official said on Tuesday
2 days ago
The John Ternus era: How Apple is redefining design beyond the Jony Ive yearsJohn Ternus has evolved the approach from the Jony Ive era on three key characteristics. Published on: Sep 1, 2026, 21:11:24 IST By Vishal Mathur Prefer HTon Google Share via Copy link Before John Ternus
2 days ago
Fact check: Is Dollywood closing permanently after a fire? Could Disney buy the park for $200 billion?Rumors that Dollywood burned down and is permanently closing are false. The park remains open. While, Disney takeover claims are also untrue. Published on: Sep 2, 2026
2 days ago
HONG KONG, Sept 2 (Reuters) - While Nvidia is synonymous with the AI boom, a lesser-known group of power and cooling equipment suppliers is cashing in on a global data centre construction spree as developers race to avoid infrastructure bottlenecks
2 days ago
September has begun, bringing a fresh set of money-related changes and important financial dates for taxpayers, investors and households. While the August 31 deadlines for certain ITR filers and LPG e-KYC have now passed, September has several dates to watch
2 days ago
As India moves from AI experimentation to real-world application, the ET AI Awards 2027 recognise organisations, teams and leaders driving AI innovation, business transformation and measurable impact. Across AI startups, SMEs and enterprises, the awards spotlight excellence in AI products
2 days ago
From September 1, international passengers departing from India will no longer be required to get their boarding passes stamped at immigration counters. The Bureau of Immigration has introduced the change to simplify the departure process and make immigration clearance faster and more convenient
2 days ago
Erin Piacenti’s killer posted about ‘stabbing others for no reason’ months before attackMonths before killing Bank of America VP Erin Piacenti, Pamela Cisneros shared a series of posts where she rambled about religion, the meaning of life and more Updated on: Sep 2, 2026
2 days ago
Premier League clubs have broken their all-time summer transfer record after spending reached £3.46bn. English top flight clubs had already pushed well beyond the £3bn barrier when Iliman Ndiaye's move from Everton to Manchester City on deadline day for an initial £60m took the amount spent past
2 days ago
Ariana Grande made an emotional exit on Tuesday night, as she wrapped up her Eternal Sunshine tour, and prepared to step back from public life. The singer was occasionally close to tears - most notably during One Last Time, the song that took on extra meaning as an anthem for survivors of the 2017
2 days ago