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Donald Trump, accompanied by his two eldest sons and several cryptocurrency entrepreneurs, announced a new digital currency initiative, World Liberty Financial, during a livestream event on Monday. This marks a dramatic shift in Trump’s stance on cryptocurrencies, as he had previously been critical of digital currencies during his earlier campaigns. The timing of the announcement, just months ahead of the U.S. presidential election, has raised eyebrows among supporters and critics alike.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

chipmaker has been hard at work testing the limits of U.S. authority. Semiconductor Manufacturing International Corp., or SMIC, is manufacturing chips with features less than one-15,000th of the thickness of a sheet of paper. The chips pack together enough computing power to create advancements such as artificial intelligence and 5G networks. It's a feat that has been achieved by just a few companies globally — and one that has landed SMIC in the middle of a crucial geopolitical rivalry. U.S. officials say such advanced chip technology is central not just to commercial businesses but also to military superiority. They have been fighting to keep it out of Chinese hands, by barring China from buying both the world's most cutting-edge chips and the machinery to make them.

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Laura Loomer, a right-wing activist who posted last year that 9/11 was an “inside job,” has attracted a tremendous amount of attention in the past week after she’s been spotted cozying up to Donald Trump’s campaign team and appearing by the Republican presidential nominee’s side at various events.

Piyush Goyal, the Minister of Commerce and Industry, has called for an indigenous Silicon Valley, a dedicated township for startups in India, at the launch of Bharat Startup Knowledge Access Registry (Bhaskar). It serves as a central hub for collaboration and exchange of ideas between startups, investors, service providers and government bodies. Goyal pitched a vision to promote the sector's growth, building the largest digital registry for stakeholders within the startup ecosystem. He proposed a township of 25-500 acres to promote the startup ecosystem and provide guidance and support under one roof. On India’s position in the Silicon valley, ET reported earlier about one-third of tech employees in Silicon Valley are of Indian origin. It further said that CEOs of Indian origin head 16 Fortune 500 companies generating nearly $1 trillion in revenue.

Hardeep Singh Puri who is currently in the United States has severely criticised Lok Sabha Leader of Opposition Rahul Gandhi accusing him of having a "Jinnah like" mindset, that wants the nation to bleed and «foment a divisive narrative.» «He (Rahul Gandhi) never talked about the Sikhs while being in India. When they were in power, which government produced the monsters...they need to do some solid introspection, why this happened. This is a narrative anchored in total lies and. Therefore I am, not surprised that he is going around doing it but it is, I think, this thing about Muhammad Ali Jinnah, what he did, that either I want what I want, or else I will destroy it,» Puri who is in Washington DC for discussions with United States Secretary of Energy Jennifer Granholm on Monday (local time) said. «There can be some differences. But the whole beauty of democracy is to sit and address this issue...They should see the contribution of RSS for the nation. The one distinguishing feature in PM Modi government's ideology is Nation First...but he (Rahul Gandhi) is doing like Jinnah...you want to bleed it into a kind of breakup. But I want to remind them that our very old, more than 5000 years old, culture and civilization, it's an old civilization. People like this will not be able to break it, and we are a proud nation, the minister added.

The officials of the Ministry of External Affairs and Defence and the US State and Defence Departments attended the 2+2 Intersessional. In a post on X, Ministry of External Affairs (MEA) official spokesperson Randhir Jaiswal stated, «India and the US held the 2+2 Intersessional today with officials from India's Ministry of External Affairs and Defence, and the U.S. State and Defense Departments. Key discussions covered bilateral strategic and defense priorities, alongside regional and global issues.»

Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of the bluechip were trade in a large block deal.

Benjamin Netanyahu met on Monday with the special envoy of the President of the United States, Amos Hochstein, at the Israeli military's headquarters in Tel Aviv. Netanyahu's office said that he «made it clear in a determined and decisive manner» in his conversation with the envoy that it will not be possible to return Israelis to their homes in the areas near Lebanon who were evacuated for their safety without a «fundamental change in the security situation in the north.» The prime minister also said that Israel appreciates and respects the support of the United States, but in the end «will do what is necessary to maintain its security and return the residents of the north to their homes safely.»

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Subscribe to enjoy similar stories. The war in Gaza that started on 7 October 2023 is nearly a year old and shows no signs of ending anytime soon. That the war broke out is not a surprise to veteran market watchers, its continuation is.

technology budgets soon as Europe has started reducing interest rates and the US is expected to follow suit. While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025. «We think the first change will reflect in the management commentary turning more optimistic and references to green shoots in discretionary demand pickup,» said Kumar Rakesh, associate director at BNP Paribas, who closely tracks the IT sector. «Impact on earnings will likely take a little longer and we think it will start reflecting in CY2025.»

New York has condemned the vandalism of the BAPS Swaminarayan Temple in Melville, labelling it «unacceptable.» India's Consulate General in New York has raised the matter with US law enforcement authorities and urged them to take prompt action against perpetrators of this act. In a post on X, the Consulate General of India in New York stated, «The vandalism of the BAPS Swaminarayan Temple in Melville, New York, is unacceptable; The Consulate @IndiainNewYork is in touch with the community and has raised the matter with U.S. law enforcement authorities for prompt action against the perpetrators of this heinous act.»

Subscribe to enjoy similar stories. Mumbai: Canada's Brookfield Infrastructure Partners is weighing potential investments in India's emerging semiconductor fabrication sector, even as it actively assesses opportunities in fibres, transmission lines, electric vehicles and smart meters. In the US, Brookfield has invested $15 billion in a joint venture with Intel Corp.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Subscribe to enjoy similar stories. Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market started the week on a higher note and finished upside on Monday. The Nifty 50 index finished 27 points higher at 25,383, the BSE Sensex ended 97 points higher at 82,988, whereas the Bank Nifty index gained 215 points and closed at 52,153.

IT industry to continuously upskill its talent pool, top executives and experts caution. The country has to not just skill but unskill quickly, they said. “A GCC (global capability centre) of some bank in the US that’s got 10,000 people here is asking the question – why do I need these people in India when a model I’m running under my desktop can do or generate the same thing?” Nigel Vaz, CEO of global digital business transformation company Publicis Sapient, told ET in a recent interview.

Nisha Biswal, the US International Development Finance Corporation's (DFC) Deputy Chief Executive Officer, during her travel to Mumbai and New Delhi from September 10-14, highlighted the DFC's partnership with India to advance key growth and development priorities and work with the nation to solve the world's most critical challenges, the release said. While in India, Biswal announced USD 70 million in new DFC investments to support affordable home loans in India and vaccine manufacturing, it added. She spoke at the US-India Business Council's (USIBC) India Ideas Summit about the DFC's strategic vision for driving long-term growth between both countries and the broader Indo-Pacific region.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...