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28% of mobiles in India made by domestic cos

NEW DELHI: At least one in four smartphones manufactured in India is now produced by domestic contract manufacturers, signalling a quiet but significant shift in the country’s electronics ecosystem.The rise has been led by Dixon Technologies and Bhagwati Products, with Dixon emerging as the country’s largest device maker, overtaking Samsung Electronics in overall production volumes…

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Army chief inducted into International Hall of Fame at US Army War College | India News

NEW DELHI: India’s Army chief General Upendra Dwivedi has been inducted into the International Hall of Fame of the US Army War College in Pennsylvania.“General Upendra Dwivedi, COAS, visited the Army War College (AWC), Carlisle Barracks, USA, where he was inducted into the International Hall of Fame — the third Indian Army Chief to receive…

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U.S. government’s Intel stake swells to $35 billion, netting $26.5 billion unrealized gain

The U.S. government is holding an unrealized gain of roughly $26.5 billion on its Intel (INTC) stake after the chipmaker’s shares jumped more than 22% in pre-mrket trading on Friday, following a stronger-than-expected first-quarter earnings report. The position stems from an August deal in which the Trump administration converted $8.9 billion in CHIPS Act grants…

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Rajnath visits German submarine yard as P-75I deal is expected soon | India News

NEW DELHI: Defence minister Rajnath Singh visited German company ThyssenKrupp Marine Systems’ (TKMS) submarine building facility in Kiel, where he was briefed on advanced naval technologies and capabilities. He was accompanied by German defence minister Boris Pistorius during the visit to the shipbuilding facility.The visit comes as India moves closer to finalising its nearly Rs…

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U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the…

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