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China Ai Computing Power: Explained: Why China’s AI computing power looks 6,000x bigger

China has reported a massive leap in its domestic artificial intelligence (AI) computing power, with official figures suggesting capacity far beyond what is reflected in global benchmarks, raising questions about a potential “dark pool” of hidden compute.According to China’s ministry of industry and information technology (MIIT), the country has reached 1,882 exaflops — or 1,882…

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Alarm Bells: Over 55% of Young Indians Abandon Health Insurance Within 3 Years, Niva Bupa Reports | India Business News

MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa health insurance survey, 55% of policyholders in the age group who let policies lapse do so within three years…

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M K Stalin: Stalin holds edge, but dark horse Vijay keeps rivals guessing | India News

After five weeks of intense campaigning by four contending sides in Tamil Nadu, one question remains: will the disruptor help the incumbent, the opposition or himself? Conventional analyses still give the M K Stalin-led Secular Progressive Alliance (SPA) an edge over Edappadi K Palaniswami’s National Democratic Alliance (NDA), but the vote share of Vijay’s TVK…

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HCLTech Shares Plunge 11% Amid Weak Outlook Despite AI Growth | India Business News

NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services business,…

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NSE IPO Moves Closer with ₹1,800 Crore Settlement Approved by Sebi | India Business News

MUMBAI: The long-drawn process for the listing of NSE, the country’s largest stock exchange by turnover and revenue, got a boost after a panel set up by markets regulator Sebi cleared the bourse’s settlement offer in long-pending issues popularly known as colocation and dark fibre cases. These cases, more than a decade old, related to…

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Godrej Group’s Ambitious Plans: Aiming for Leadership in Key Industries | India Business News

MUMBAI: Two years after one of India’s most storied business dynasties, Godrej Group, split, Godrej Industries Group (GIG) is targeting 15% annual growth over five years and preparing to list more businesses as incoming chairman Pirojsha Godrej charts its next phase.GIG, with sales of Rs 57,300 crore, also plans to expand a nascent pet care…

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Government Initiates Special Cargo Vessels to West Asia for Exporters | India Business News

The commerce department is working with agencies, including the Shipping Corporation of India (SCI), which was on the privatisation list until recently, to run special vessels to West Asia t o help exporters move their goods at cheaper rates.While freight to West Asia is in the region of $3,000-3,500 per 20-feet equivalent (TEU) and $4,500-6,000…

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