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Commerce and Industry minister Piyush Goyal on Wednesday asked exporters to target $1 trillion in goods and services exports in the current financial year, after India recorded an all-time high outbound shipment value of $863.11 billion in 2025-26, PTI reported.“This year, let’s aspire for a $1 trillion exports target. It’s possible,” Goyal said at an…
US defense secretary Pete Hegseth defended President Donald Trump’s proposed $1.5 trillion military budget before House and Senate lawmakers on Tuesday, as Congress pressed the Pentagon over the rising cost of the Iran war, weapons stockpiles and the administration’s long-term strategy in the conflict.The hearings came as the Trump administration faces growing pressure from the…
Samsung Electronics saw its market value surge past the $1 trillion mark for the first time on Wednesday, riding a powerful wave of demand for artificial intelligence (AI) chips.The rally comes as the global race to build AI infrastructure accelerates, boosting chipmakers that supply high-performance memory and processors.Samsung has emerged as a key player in…
MUMBAI: Nvidia, the global US-based chip giant that’s at the forefront of the ensuing AI revolution across the world, now has a market capitalisation more than the total market cap of all the companies listed in India. Compared to the company’s valuation of $4.91 trillion during opening trades on Friday, India’s was at $4.88 trillion…
South Korea’s stock markets scaled a historic peak on Monday, as the total valuation of listed companies moved past the 6,000 trillion won ($4.1 trillion) mark for the first time during trading hours. According to figures cited by The Korea Herald, based on data from the Korea Exchange, the combined market capitalisation of domestic bourses…
Shares of Nvidia surged to a record high on Friday, pushing its market capitalisation past $5 trillion for the first time since October, as investor enthusiasm for artificial intelligence chips gathered pace ahead of key earnings from major tech firms.The stock climbed 4.3% to close at $208.27, marking a strong comeback after a weak start…
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called the heads of America’s biggest banks to an urgent, short-notice meeting at the Treasury Department on Tuesday. The agenda wasn’t interest rates or tariffs—it was Anthropic’s newest AI model and the cybersecurity risks it poses to the financial system.The CEOs of Bank of…
Gold has corrected significantly by 19% globally and 17% in rupee terms. (AI image) Gold prices crash and how! The unprecedented rise in gold prices over the last few quarters has come to a halt – for now. In fact, gold prices have been on a crashing spree for the last two months, and the…
The US has quietly funneled $3.4 trillion into a “militarised rivalry” with China from 2012 to 2024 — eclipsing the $2.3 trillion spent during two decades of war in Afghanistan — without a single shot fired in direct combat. This isn’t wartime spending; it’s peacetime paranoia, averaging $260 billion yearly. U.S. Spent $3.4T to Counter…
The Trump administration has intensified efforts to recoup about $1.6 trillion in tariff revenue lost after the Supreme Court struck down a range of the president’s import duties, with officials turning to new investigations and legal provisions to impose replacement levies, according to news agency AP report.Experts say recovering the revenue–which the White House had…
