[ad_1] India will begin trials of its first homemade graphic processing units before the end of this year, two senior officials familiar with the matter said, crossing a milestone in the development of components at the heart of artificial intelligence (AI) systems. The chips will be general-purpose GPUs, or GPGPUs, with the potential use across…
[ad_1] New Delhi: As India and the US negotiate a trade deal, chairman and managing director of state-run gas utility GAIL Ltd Sandeep Kumar Gupta said that there is potential for import of more liquefied natural gas (LNG) from America and increase its share in India’s energy basket. Addressing the media on Tuesday, Gupta said…
[ad_1] India on Monday informed the World Trade Organization (WTO) that it will impose $1.91 billion of levies on imports from the US in retaliation against Trump’s move but left a 30-day window for talks, showed a communication from New Delhi to the global trade body. The people cited above said American goods that could…
[ad_1] Biocon Ltd expects its overall revenue to grow in mid-teens this financial year, and the company is betting on a robust launch pipeline in its generics as well as biosimilars businesses to drive sales in the coming years, its chief executive and managing director Siddharth Mittal said on Tuesday. The Bengaluru-based company expects mid-to-high…
[ad_1] Canada’s Liberal Party has won a fourth consecutive national election in a race that largely came down to which party would better stand up to US President Donald Trump. “We are over the shock of American betrayal,” Mark Carney, a former central banker and the leader of the Liberal Party, said in a victory…
[ad_1] With a myriad headwinds such as global trade war, upcoming state elections and interest rate resets, market volatility could persist in the current year. But, as global funds reallocate from China to markets like India, where growth is likely to be upwards of 6.5%, chances of a deep correction are unlikely, believes Nirmal Jain,…
[ad_1] Indian air force officer Shubhanshu Shukla, is set to create history by piloting NASA and ISRO’s joint space mission to the International Space Station later this year. According to a NASA statement last week, Shubhanshu Shukla will pilot its mission travel to the ISS aboard a SpaceX Dragon spacecraft from Florida “no earlier than…
[ad_1] Data for 2024-25 released this week shows a notable shift in India’s trade trends with its big partners. With the US, India’s merchandise exports jumped 11.6% to $86.5 billion last fiscal year, while imports rose 7.4% to $45.3 billion. As a result, our bilateral trade surplus widened to $41.2 billion. In contrast, our exports…
[ad_1] (Bloomberg) — Russian President Vladimir Putin met Iran’s top diplomat ahead of a second round of talks between the US and the Islamic Republic aimed at resolving the standoff over Tehran’s nuclear program. Putin received Iranian Foreign Minister Abbas Araghchi in Moscow, the Kremlin said in a statement on Thursday. After a first meeting…
[ad_1] The scheme, which will run over several years, will support companies across 30 semiconductor and 30 electronics categories, the people cited above said on the condition of anonymity. The incentives will be given based on value of capital investments (capex) as well as turnover of companies. The idea is to create an ecosystem that…
