Budget 2026-27 avoided populism, focused on productive capex to power ‘Reform Express’: PM Modi

File photo: PM Modi (Picture credit: ANI) Calling productive spending a defining feature of his government, Prime Minister Narendra Modi on Sunday said the recently unveiled Union Budget consciously steered clear of short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth.In an exclusive interview with news agency PTI,…

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Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. “While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any…

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Why crypto venture capitalists at Consensus Hong Kong are playing a 15-year game

The mood among top venture capitalists at Consensus Hong Kong was not retreat, but recalibration, as the crypto market experienced a prolonged downturn. Hasseeb Qureshi, managing partner at Dragonfly, described today’s venture market as a “barbell:” On one side, proven verticals compounding at scale; on the other, a narrow set of high-risk, next-generation bets. “There’s…

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