Under CEO Cristiano Amon, Qualcomm is getting into AI chips to diversify away from its dependence on smartphones—which isn't as lucrative as it used to be. (Reuters)
Posted in Business

Qualcomm share price soars after taking aim at Nvidia with new AI chips| Business News

Qualcomm Inc. has kicked off its biggest share-price rally since 2019 after unveiling chips and computers for the lucrative AI data centre market, aiming to…

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$3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”. (Reuters)
Posted in Business

Gold prices plunge below $4,000/ounce as US-China truce erodes saven-haven demand| Business News

Gold prices slid below $4,000 an ounce, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped…

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Posted in Economy

DGFT plans to launch digital platform to integrate testing, inspection agencies

New Delhi: DGFT, the foreign trade arm of the Commerce Ministry, on Monday said it plans to launch a pilot of Bharat Aayat Niryat Lab…

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Posted in Economy

India, Germany discuss shared commitment to early conclusion of India–EU FTA

New Delhi: India and Germany Monday discussed areas of mutual interest and growth, and their shared commitment to an early conclusion of the India–EU free…

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Posted in Economy

EOUs, SEZ units exempt from silver import restrictions: DGFT

New Delhi: The government Monday clarified that the recent restrictions on the import of silver jewellery will not apply to export-linked entities such as Special…

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Ola Electric operates its own stores and service centres in India, in a departure from the industry norm of dealership model. (Tushar Deep Singh/HT)
Posted in Business

Ola Electric scales up Hyperservice to open source its spares, service business| Business News

Ola Electric Mobility Ltd. has scaled up its so-called Hyperservice initiative to open source its proprietary service infrastructure and technology, a move the company says…

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Posted in Economy

India’s crude import from US surges to highest since 2022

New Delhi: India’s crude oil imports from the United States climbed to their highest level since 2022 in October, a move seen as part of…

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Curefoods gets Sebi nod for Rs 800-crore IPO
Posted in Startups

Curefoods gets Sebi nod for Rs 800-crore IPO

Cloud kitchen operator Curefoods has received the approval of the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), per a…

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Posted in Economy

India advances anti-dumping probe into tuberculosis drug imports from China, Thailand

India on Monday advanced an anti-dumping investigation into imports from China and Thailand of Ethambutol Hydrochloride, an active pharmaceutical ingredient used in anti-tuberculosis drugs, by…

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Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories. (AFP)
Posted in Business

Amazon targets India e-commerce exports of $80 billion by 2030 despite US tariffs| Business News

Amazon.com Inc. says its e-commerce exports from India has surpassed $20 billion, including nearly $7 billion this year, despite the punitive US tariffs on the…

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