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San Francisco: AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker. Shares of the chipmaker surged more than 34% on Monday, putting them on…
NEW DELHI: The country’s housing market saw a 3.1% rise in demand during July-Sept over the previous quarter with buyers opting for smaller homes amid affordability challenges, said a new report.The share of 1 and 2 BHK units rose to 54% in the Sept quarter, reversing the declining trend seen over the last two years,…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Mahindra & Mahindra Ltd (M&M), and Bharat Forge:M&M – Buy in the range between Rs 3,465 & Rs 3,480; Stop Loss: Rs 3,330; Target: Rs…
File photo: Union minister Nitin Gadkari NEW DELHI: Prices of electric vehicles will match that of petrol-diesel ones in next four-to-six months, Nitin Gadkari, minister of road transport and highways said on Monday Speaking at a Ficci event, Gadkari said, “When I launched electric vehicles, the battery cost was $150 per kilowatt hour. Today it’s…
Navi Mumbai International Airport (NMIA) Navi Mumbai International Airport’s (NMIA) opening will signal the start of restoring equilibrium for the Mumbai Metropolitan Region (MMR) in Indian aviation – a place that Mumbai had slowly ceded to Delhi, Bengaluru and Hyderabad over the last decade, said Jeet Adani, director (airports) of the Adani Group, who oversaw…
NEW DELHI: Supreme Court on Monday decided to examine a plea challenging the constitutional validity of Securities Transaction Tax (STT) imposed on stock market participants and sought a response from the Centre on a petition filed by a trader who alleged it violated the principle of double taxation. STT was introduced 2004 and is currently…
Telangana industries & IT minister Sridhar Babu (L) and CM A Revanth Reddy (C) with Patrik Jonsson, executive VP and president of Lilly International, Eli Lilly and Co in Hyderabad HYDERABAD: In what is one of the biggest investments in the pharma sector in India in recent years, American giant Eli Lilly and Company is…
India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as…
NEW DELHI: India’s oil demand will increase more than any other country, accounting for 12% of global energy market on the back of rapid economic growth through 2050, according to BP plc chief economist Spencer Dale.“When we look ahead, India is the fastest-growing energy market in the world… So when we think about what’s driving…
A global competition for energy export dominance is unfolding between the US and China, with contrasting strategies- America focuses on fossil fuel exports, while China emphasises clean energy technology sales.China has emerged as the frontrunner in the race for now. Its clean technology exports, including electric vehicles, solar panels, and batteries, reached $20 billion in…
