Renowned British banker Jacob Rothschild, a prominent figure in Europe's esteemed banking lineage, has died at the age of 87, as confirmed by his family on Monday.

British banking icon Jacob Rothschild dies at 87

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India evaluates $21 bn semiconductor proposals to boost chip manufacturing industry The Indian government is reviewing proposals totalling $21 billion in investments aimed at fostering chip manufacturing within the country.

WION Business Wrap | India’s semiconductor proposal, Expedia’s restructuring and more

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British banking icon Jacob Rothschild dies at 87

WION Business Wrap | India’s semiconductor proposal, Expedia’s restructuring and more