July 5, 2026

India eyes full semiconductor value chain under ISM 2.0 with design firms in focus, says Ashwini Vaishnaw

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India Semiconductor Mission (ISM) 2.0 will prioritise building domestic chip design capabilities, strengthening the semiconductor ecosystem and expanding the talent base, Union Minister Ashwini Vaishnaw said on Saturday, outlining the government’s next phase strategy for the sector.Speaking at a Qualcomm event in Bengaluru, Vaishnaw said the upcoming phase of the programme will place design-led growth…

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Economic Survey 2025–26 sees gold, silver prices staying elevated amid global uncertainty

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Gold and silver prices are likely to remain elevated unless global geopolitical tensions ease and trade wars are resolved, the Economic Survey 2025–26 said, pointing to sustained safe-haven demand amid heightened uncertainty.The survey, tabled in Parliament, noted that both precious metals touched lifetime highs in 2025, driven by a weakening US dollar, expectations of persistently…

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More competition for IndiGo, Air India: Shankh Air expected to begin operations in 2026; 2 new carriers get NOCs

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Shankh airlines (Image/Website) Uttar Pradesh-based Shankh Air is expected to begin flight operations in the first quarter of 2026. The airlines has already secured a no-objection certificate (NOC) from the Union civil aviation ministry,.Yesterday, two other carriers Al Hind Air and FlyExpress also received their NOCs, paving the way for fresh competition in India’s fast-growing…

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‘When it comes to AI …’: PM Modi hails Microsoft’s $17.5 bn investment; claims ‘youth will harness this opportunity’

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NEW DELHI: Prime Minister Narendra Modi on Tuesday hailed Microsoft’s “largest ever investment in Asia” as the tech giant announced that it will invest $17.5 billion in India to advance its cloud and artificial intelligence (AI) infrastructure.In a social media post on X, the prime minister said that the world is optimistic about India when…

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