Electronic Financial News

Mumbai Police beefed up security outside Chabad House in Colaba after a Google image of Chabad House was recovered from two suspected terrorists arrested for planning an attack in Rajasthan. Notably, Chabad House was one of the targets of the 26/11 terror attack in Mumbai in 2008. The ATS took custody of Mohammad Imran Mohammad Yunus Khan and Mohammad Yunus Mohammad Yakub Saki – residents of Ratlam, Madhya Pradesh, from Pune a few days ago and were probing the case.

New Delhi: NEW DELHI: The Ministry of Electronics and IT (MeitY) and the Ministry of Information and Communication Technology (MICT) of Papua New Guinea signed a memorandum of understanding (MoU) for sharing India Stack, successful digital solutions implemented at population scale in New Delhi on 28 July. Earlier, MeitY hosted the inaugural Global DPI Summit in Pune on June 12-13.

India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges.

China business amid a frail recovery at the world's second-largest economy from a pandemic slowdown. Following are comments from firms on their China business during the latest reporting season:Procter & Gamble: The Tide detergent maker reported an overall volumes fall of 1% in its fourth quarter, mainly due to weaker demand in the Greater China region. Intel: «The China market, I think, has been well reported, hasn't come back as strongly as people would have expected overall,» said Intel CEO Pat Gelsinger.AbbVie Inc The Botox maker said it has seen rates for aesthetics treatments in China fully recover to pre-COVID levels and continues to anticipate strong growth through the rest of the year in the country.Mastercard Inbound cross-border travel to China stood at nearly 50% of 2019 levels, while outbound travel was nearly 70%, the company said.Anglo American The global miner said it has been surprised by how slow the reopening of China has been but believed a recovery was underway.L'Oreal The Chinese market is «really picking up,» although «not at the speed everybody had hoped for,» L'Oreal CEO Nicolas Hieronimus told Reuters.Mobileye Global Saw weak demand for its driver-assistance technology in China.Coca-Cola The company saw strong demand for some juice business in China but also flagged destocking activity in the second quarter.Seagate The computer hardware maker said its fourth-quarter Technology performance was impacted due to the uneven pace of the Chinese economic recovery.LG Energy Company warned it faces weaker EV demand in China than Solution previously expected.Thermo Fisher The company witnessed significantly slower economic activity Scientific in China during the second quarter.

So, whether you're a student, professional, or someone who needs to carry data on the go, the 64GB pendrives provide the convenience and versatility you need. In this article, we'll explore some of the best 64GB pendrives available in the market so that you can make an informed decision when choosing the perfect storage companion for your needs.

PM KISAN scheme on 27th July, 2023 in Rajasthan. PM Kisan is a Central Sector scheme with 100% funding from Government of India, where beneficiary farmers will receive monetary benefits of Rs 6000 yearly. The fund will be directly transferred to the bank accounts of the beneficiaries.

Power Grid fund raies: The board of directors of Power Grid Corporation of India Ltd has approved fund raise up to ₹5,700 crore throuugh issuance of bonds on a private placement basis to part finance its capex requirement. The Indian central public sector undertaking informed Indian stock market exchanges about the decision on Saturday.

Russia is launching its electronic visa (e-visa) facilities for Indian passport holders from August 1. The e-visa will be processed in a maximum of four days and a $40 consular fee will be charged for the facility.

Multibagger stock: Aditya Vision shares are one of the multibagger stocks that Indian stock market has delivered in recent years. In post-Covid rebound, this Bihar-based company has given stellar return to its long term share holders. Aditya Vision share price ascended from ₹18 to the tune of ₹2,190 apiece levels, delivering whopping 12,000 per cent return to its shareholders in last three years.

FTA, 19 have been closed. "Remaining issues include IPRs, rules of origin, and investment treaty," the official added. In the rules of origin chapters, both countries are talking about product-specific rules, value addition, change in chapter heading, and certification.

semiconductor policy has taken care of talent and design capabilities to ensure that it stays ahead of the chip-making plans other countries have drawn up, union minister for electronics and information technology Ashwini Vaishnaw said. In an interview with Aashish Aryan on the sidelines of the Semicon India 2023 conference in Gandhinagar, Gujarat, he said the India Semiconductor Mission will ensure that companies willing to set up shop in India do so as a natural business decision, not just on geopolitical and supply chain considerations.

India and Japan are exploring collaboration in critical and emerging technologies, including semiconductors and resilient supply chains, as part of a target $35.9 billion Japanese investment in the country by 2027

Haier in Pune, Mumbai, and Noida, and the premises of its promoters. The searches are in connection with underreporting of income and royalty payment, officials said. The email and text query ET sent to Haier India remained unanswered till press time.

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Edited excerpts: You’ve got nearly $2 billion in investment commitments from AMD, Micron and Applied Materials. What’s the next target? We are already in discussion with many more players. So the next target is within the next 12 months.

Mint had reported that India may not budge from its opposition to the provisions on regulatory data protection as well as patent extension during the free trade talks with the EU and UK. Regulatory data protection or data exclusivity have been among EU’s demands since 2013 but continues to be a red line for India. Patent term extension allows secondary patenting or ‘evergreening’, a technique used by companies to prevent the entry of generic drugmakers.

Bolivia is using the yuan to pay for imports and exports, becoming the latest country in South America to regularly use the Chinese currency in a small but growing challenge to the hegemony of the U.S. dollar

Job creation and skill development: One of the primary benefits of Micron's investment in India will be the creation of high-value jobs. With its state-of-the-art semiconductor manufacturing facilities, Micron will not only hire top-tier talent but also collaborate with local educational institutions, fostering the development of skilled professionals in microelectronics. This transfer of knowledge and expertise is crucial to nurturing indigenous innovation and allowing homegrown technology companies to flourish.

lightning strikes. Lightning can be a deadly force of nature, and taking precautions during such weather conditions is of utmost importance. Here are some essential guidelines to follow for your safety and well-being:Seek Adequate Shelter: When lightning threatens, find sturdy shelter immediately.

Yoshimasa Hayashi, also deliberated on enhancing cooperation in defence equipment and technology. The discussions took place as part of a two-day visit by Hayashi to the Indian capital, AP reported.

Gujarat facility will be shipped to Indian customers and also abroad, CEO of Micron Technology Sanjay Mehrotra said on Friday at the annual semiconductor conference in Gujarat. «I am proud to be here today to represent the company's commitment to build a semiconductor test facility right here in Gujarat. It is a first for India and the first major semiconductor company investment in the nation,» Mehrotra said at Semicon India 2023 event.