Chinese internet companies don’t have enough compute to power their artificial intelligence ambitions — and they aren’t about to buy Nvidia outright. That’s a key takeaway from the latest earnings season. Alibaba reported cloud-related revenue surged by 34% year-on-year to the equivalent of $5.6 billion. Management said demand was outstripping supply, and indicated they might…
US President Donald Trump has framed his sweeping tariff policy as essential for protecting American workers and manufacturing, promoting it as a cornerstone of his “America First” agenda.Since returning to office this year, the Trump administration has overseen a historic surge in tariff collections. According to Fox Business, total duty revenue reached $215.2 billion in…
LONDON: London morgue workers were exposed to deadly gases after opening the coffins of British victims of the AI171 crash, which were repatriated to the UK from India, a UK coroner has warned.A number of bodies of the 53 British victims of the June 12 plane crash, which killed 241 people, were repatriated to Westminster…
SoftBank-backed digital commerce ecosystem AceVector Ltd has filed updated draft red herring prospectus (UDRHP) with markets regulator Sebi for its proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also feature an offer for sale (OFS) of 6.38 crore shares by existing shareholders. Promoter…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum…
Defence Minister Rajnath Singh addresses the gathering during an event regarding infrastructure projects of Border Roads Organisation (PTI photo) NEW DELHI: Defence Minister Rajnath Singh on Sunday said that while the armed forces exercised measured restraint during Operation Sindoor following the Pahalgam terror attack, they possessed the capability to deliver a far stronger response if…
AI generated representative image In the early 2000s, American factory towns began to empty out. In North Carolina, furniture makers who had worked three generations watched their mills close. Across the industrial centres– from Jakarta to Ohio, a quiet devastation spread—not from war or natural disaster, but from an economic force few had anticipated.In the…
State Bank of India’s mortgage loan book crossed the Rs 9 lakh crore mark in November, with strong traction in retail, agriculture and MSME (RAM) segments expected to drive overall credit growth to 14 per cent in the current financial year, Chairman C S Setty told PTI.The RAM portfolio, which accounts for about 67 per…
Despite the relaxation of Flight Duty Time Limitations (FDTL) rules, chaos continued across major Indian airports on Sunday. Passengers angry, exhausted and desperate were seen shouting, sobbing and climbing service counters. IndiGo said it managed to operate 1,650 flights out of its 2,300 daily domestic and international services, while 650 flights were cancelled as the…
