Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced about a 6 gigawatt agreement with OpenAI to power latter’s next-generation AI infrastructure across multiple generations of AMD Instinct GPUs. The first 1 gigawatt deployment of AMD Instinct MI450 GPUs is set to begin in … Read more
Benchmark Indian government bonds fell on Monday following an increase in the share of their issuance in New Delhi’s fiscal second half borrowing plan, with traders also turning cautious ahead of Wednesday’s central bank policy decision. The yield on the 10-year benchmark note jumped 3 basis points to 6.5547%, its highest level in four weeks. … Read more
YSRCP should have secured people’s mandate to get Opposition status, says Chief Minister N. Chandrababu Naidu. | Photo Credit: File Photo Chief Minister N. Chandrababu Naidu on Wednesday (September 3, 2025) dismissed allegations by the YSR Congress Party (YSRCP) that there was acute scarcity of urea as “mischievous that warrants stern action.” Mr. Naidu said … Read more
Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity added Rs 3,600 in the preceding session to hit a … Read more
The Enforcement Directorate on Wednesday (July 30, 2025) launched searches at multiple locations in Chhattisgarh as part of a money laundering investigation into an over ₹500 crore worth medical supply “scam”, official sources said. Premises linked to some government officials, medical suppliers and agents apart from some “middlemen” are being raided in Raipur, Durg and … Read more
Ministers Ponguleti Srinivas Reddy, Ponnam Prabhakar and Adluri Lakshman Kumar at a video conference with the district collectors on Tuesday | Photo Credit: BY ARRANGEMENT Telangana district collectors were directed to stay at residential schools for at least a day in a week to check the maintenance of the amenities. They were asked to complete … Read more
Tirunelveli Mayor G. Ramakrishnan receiving a petition from the public during the grievance redress meeting on Tuesday. | Photo Credit: A. SHAIKMOHIDEEN A group of residents from Jeba Nagar on South Bypass under the Melapalayam Zone here submitted a petition to Mayor G. Ramakrishnan on Tuesday during the weekly grievances redress meeting complaining about supply … Read more
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country’s emerging aerospace sector and pushing local firms to elevate their games, industry insiders say. Bengaluru-based Hical Technologies and JJG Aero are among those riding the wave. Hical, a supplier to Raytheon Technology and Boeing among others, … Read more
The future of supply chains is poised for an unprecedented transformation. Imagine a world where every inventory decision is predictive, real-time, and perfectly aligned with consumer demand. A world where hospitals never run out of critical medicines, retail stores always have the right seasonal products in stock, and agricultural produce reaches markets with minimal wastage. … Read more
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government’s Energy Information Administration from the sources used to monitor its production and adherence to supply pacts. OPEC+ and Donald Trump clashed repeatedly during his first administration in 2016-2020 when the U.S. President demanded it … Read more