BENGALURU: Adani Group and Zoho Corp are both said to be backing off from their ambitious semiconductor projects, a setback to India’s plans to develop an indigenous chip manufacturing ecosystem. While Zoho founder Sridhar Vembu confirmed the move, the Adani news was reported by Reuters based on sources. Adani Group was in discussions with Israel’s…
Dubai gold prices see second-biggest 2025 surge, following the record high of Dh420/gram earlier this year amid the global tariff war. (File) Gold prices in Dubai rose sharply on Friday as escalating tensions between Israel and Iran pushed investors toward traditional safe-haven assets. The 24-karat gold variant jumped by Dh4 (approximately $1.09) per gram, reaching…
US President Donald Trump (left) (AP image) and New York Congresswoman Alexandria Ocasio-Cortez (right) (Official website image) Congresswoman Alexandria Ocasio-Cortez faced heavy criticism on Friday after calling US President Donald Trump a “rapist” in a social media post.“Wow who would have thought that electing a rapist would have complicated the release of the Epstein Files?”…
NEW DELHI: Gross direct tax collections rose less than 5% to Rs 5,45,207 crore during the fiscal year up to June 19. The first of the four instalments of advance tax receipts increased at a muted 3.9%, raising fears of a sharp slowdown in the growth in corporate profits during the June quarter.On a net…
Australian CEO Greg Josephson stabbed to death by a 15-year-old at his house party. An Australian CEO was stabbed to death at his mansion at the Brisbane suburb of Clayfield Thursday night at the house party that he hosted. A 15-year-old boy was one of the attendees of the party war arrested and charged with…
The House passed legislation in which DUI will get illegal immigrants deported out of US. The House passed a bill that would allow the immediate deportations of illegal immigrants who drive under the influence. The bill was introduced by conservative Rep. Barry Moore, R-Ala., and passed by a 246 to 160 vote. No Republicans voted…
A flock of Flamingos is seen in a flooded field that produce rice for risotto, in Jolanda Di Savoia, Italy JOLANDA DI SAVOIAL: An unusual pest is ravaging crops and irking farmers in northeastern Italy: the flamingo. Flocks of these relatively recent immigrants have set their hungry sights on the flooded fields that produce rice…
Nvidia CEO Jensen Huang said the company has secured approval from the Trump administration to begin selling its advanced H20 chips to China, paving the way for resumed exports of its AI hardware to a key international market.“The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,”…
The US Federal Reserve’s preferred inflation gauge eased more than expected in April, offering a temporary reprieve from price pressures even as new tariffs introduced by President Donald Trump began to take effect.According to data released Friday by the Commerce Department, the personal consumption expenditures (PCE) price index rose 2.1% year-over-year, down from a revised…
MUMBAI: The grocery bag of urban and rural shoppers is undergoing a divide. Urban Indians are gravitating towards unbranded products in select categories and are also experimenting with new-age brands, while rural consumers are taking to legacy FMCG brands. While there is a big market for unbranded goods in rural, it is losing out to…
