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At least two people were taken to hospitals and residents were urged to shelter in place after an apparent explosion at a Louisville, Kentucky, business

high-end smartphones are set to get at least 5% more expensive, driven by use of more powerful and complex chipsets for AI use-cases along with more powerful memory modules and other components. Leading chipset companies-Qualcomm and MediaTek-have guided gross margins on mobile phone chipsets to go down in the December quarter due to increasing wafer costs. Taiwanese chipset maker TSMC is raising costs for leading-edge 5nm and 3nm processors that are majorly utilised by smartphone chipmakers. Meanwhile, chipset designer ARM is also raising licensing costs for companies like MediaTek, even as it is embroiled in a lawsuit against Qualcomm for its use of custom CPU cores in its latest generation mobile chipset. Experts believe Qualcomm will likely settle ahead of the hearing in December, with ARM pushing to raise license fees with Qualcomm as well.

Like many Canadians, I was glued to the non-stop coverage of the election results in the United States last week, with my tax brain going into overdrive thinking about how Canada would respond to a high-tax-loving Kamala Harris win versus a low-tax-high-tariff Donald Trump win, which ultimately came to pass.

Subscribe to enjoy similar stories. New Delhi: India now ranks among the top 10 countries globally in the number of patents, trademarks and industrial design applications, according to the World Intellectual Property Organization's (WIPO) 2024 report on IP trends. The World Intellectual Property Indicators report underscores India’s rapid progress in the IP landscape.

The car manufacturer said that the decline in PAT was owed to weak market sentiments and geo-political factors. The company’s revenue from operations fell 7% YoY to Rs 17,260 crore during the quarter.

Akums Drugs and Pharmaceutical, the Delhi-based contract development and manufacturing organisation (CDMO) reported an adjusted net profit of Rs ₹66.7 crore, a 16% year-on-year (YoY) increase from the previous quarter led operational efficiency. Revenue declined 11.9% YoY to ₹1046.6 crore due to lower active pharmaceutical ingredient (API) prices and fluctuating demand.

Venture capitalist Tim Draper-backed deep tech startup Bon V Aero on Monday announced the launch of a fully autonomous logistics drone Air Orca to cater to the requirements across sectors such as healthcare, ecommerce, military logistics and disaster management on a global scale. With advanced autonomous capabilities and fully designed, developed and manufactured in India by Bon V Aero, the drone is engineered to tackle diverse logistical challenges, particularly in regions where traditional transportation methods are impractical, the company said. This launch underlines the growing role of Odisha-based companies in India's technology ecosystem and demonstrates how localised innovation is gaining national and international recognition, Bon V Aero said.

Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday. The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India's and Global Economy, emphasised that the rupee can have a brief spell of depreciation against the US dollar, followed by appreciation. Donald J Trump's historical comeback as the 47th President of the United States adds a morphine shot to the markets and select asset classes even as the focus is now shifting to wider economic ramifications and supply chain realignments, the report said.

There are several ways Canadian consumers can spot fake toonies circulating across the country, coin experts say.

Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock market is at record highs, unemployment is low by historical standards and gross domestic product has been expanding at a healthy pace of around 2.5% so far this year. Yet there’s a reason for voter dissatisfaction with the economy and, beneath the surface, there are several risks for Trump 2.0 as he thinks about enacting his trade and fiscal agenda. Let’s start with jobs. Trump took over a stable labor market in 2017, with the unemployment rate falling throughout the previous year and payroll growth steady at roughly 200,000 a month. That’s not true this time around: The jobless rate has been on the rise, hiring is below normal and payroll growth has cooled since the first quarter. The three-month average for private payrolls additions at 78,000 from June to August was the slowest since 2010 outside of the pandemic period. (The September number is still subject to revision and October was heavily affected by a strike and hurricanes). The level of job openings relative to the size of the workforce has fallen back to pre-Covid levels and continues to decline. While the deterioration in the labor market has been gradual, Trump’s team will need to reverse this negative momentum quickly if he wants to sustain the economic expansion and hold on to his electoral gains in the 2026 midterm elections.

Subscribe to enjoy similar stories. One of the memorable moments of Nvidia Corp’s most recent conference for developers came towards the end of the chip giant’s semi-annual event. Clad in his ubiquitous leather jacket, CEO Jensen Huang strode onto the stage in front of a large screen displaying a row of humanoid robots straight out of a Philip K.

Subscribe to enjoy similar stories. A mercurial and brash narcissist with a propensity to bend the truth. That’s how people close to Apple co-founder Steve Jobs (1955-2011) described him.

Subscribe to enjoy similar stories. At every dinner party, celebration, and family get-together this year, there was at least one person boasting how much they earned on an IPO listing day. Indeed, IPOs are hot right now.

Space Manufacturing and Tech, Satellite and Navigation Systems, Propulsion, and Mission Design. Space startups have also said that they are willing to pay a premium for individuals with the right skill set. TalentSprint's founder, CEO and MD Santanu Paul told ET that the company has consistently anticipated market trends, as seen with AI and fintech when those industries were in their early stages, by launching various executive courses. «This is an attempt to create the talent pool and ‘expertise building’ for the space economy in India,» he said. «If India aims to become a 100 billion USD space economy by 2040, I believe that a 100 billion USD industry will naturally support at least a billion dollars' worth of education.»

Subscribe to enjoy similar stories. New Delhi: The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal, potentially disrupting their sales from manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio, among others. The annual cap for number of subsidised e-three wheelers under the PM E-Drive scheme has almost been reached for this fiscal, and the Centre has decided not to extend the subsidies beyond the cap for FY25.

Subscribe to enjoy similar stories. New Delhi: Foreign Direct Investment (FDI) equity inflows in the non-conventional energy sector surged in the first three of months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India’s green energy initiatives.

Under the scheme that began in April, the majority of the 27 companies enlisted as beneficiaries are yet to even start production. And those who have started, are producing volumes too small to have any significant revenue impact to meet the incremental targets. Some are yet to make even initial investments under the scheme.

Trump set to become the next US president after the recently closely contested president polls, India and other Asian countries are expected to benefit due to rising US-China tensions and potential investment restrictions in strategic sectors, as per Moody's Ratings. «In the Asia-Pacific region, trade and investment flows might be further diverted away from China as the US tightens investments in strategic sectors, which would negatively affect China's economy and consequently dampen regional growth. However, this shift might benefit India and ASEAN countries,» the global rating agency said. The global agency anticipated a significantly shift under the Trump administration across fiscal, trade, climate, and immigration issues, departing from the approach of the administration of the current US President Joe Biden.

Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House

A natural gas utility that serves more than 2 million customers in Arizona, Nevada and parts of California is being fined $2 million by regulators in Arizona