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Subscribe to enjoy similar stories. New Delhi: The Adani group will manufacture microchips for its own businesses ranging from ports to power and mining, as well as for global and domestic customers at its proposed fabrication plant in Maharashtra, multiple officials aware of the plans said. The ports-to-cement conglomerate has tied up with Israel’s Tower Semiconductor to build the foundry in Maharashtra's Raigad district.

Asian stocks rose before a Federal Reserve policy decision, with traders still split on the size of an anticipated interest-rate cut. Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on mainland markets will resume trading after a break.

US Fed meeting, although rotational buying in large-cap stocks is maintaining a positive tone," said Ajit Mishra – SVP, Research, Religare Broking. Here's breaking down the pre-market actions:

Inflation slowed to two per cent in August, hitting the Bank of Canada’s target and adding to the case for more aggressive interest rate cuts.

The world’s centi-millionaires — individuals with liquid investable assets of US$100 million or more — have ballooned by 54 per cent over the past decade, a new report shows.

Planning to work longer is a popular escape hatch for Americans who feel they've saved too little to support themselves in old age.

Mphasis on Tuesday announced the appointment of Ajay Arya as the head of mergers & acquisitions (M&A), the company said in a regulatory filing. “Ajay will be based in New York and lead the entire process, including strategy, evaluation, deal sourcing, negotiation, diligence management and post-merger integration,” the company said. Mphasis has completed nine acquisitions with an average acquisition amount of $71.8 million, accoridng to data and market research platform Tracxn. Its most active year was 2023, with two acquisitions, and it has averaged nearly one acquisition per year over the past three years.

Red sea crisis and logistical challenges have severely impacted the country's exports in August, which contracted 9.3 per cent, according to exporters and experts. Think tank GTRI said the contraction of petroleum product exports' by 37.56 per cent to USD 5.95 billion in August is linked to the ongoing disruptions in the Red Sea. These exports were USD 9.54 billion in August 2023. «This dramatic decline has significantly impacted India's overall merchandise trade, leading to a 9.33 per cent reduction in August 2024 compared to the previous year,» Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said.

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.

The brother of Terry Fox is calling the move of his older sibling’s statue in Ottawa one of “significance,” now that it stands along Fox’s route through the national capital during his “Marathon of Hope.”

Apple fell nearly 3% on Monday after some analysts said delivery times for the new iPhone 16 Pro models indicated weaker-than-expected demand, possibly due to the delayed rollout of key artificial intelligence features. Apple last week unveiled its long-awaited iPhone 16 series designed around its AI software, Apple Intelligence.

Le Messurier joins after more than 16 years as director at Odey Wealth Management, initially at the Channel Islands arm, before becoming director at the UK and Channel Islands divisions in 2015. At Odey Wealth, he was initially responsible for construction and monitoring of a plethora of risk-rates model portfolios, before becoming the firm's risk officer in 2016.  Former Odey Wealth investment director resurfaces at Waverton The director left Odey Wealth in April 2024, following the announcement last October that Odey Wealth was set to wind down amid allegations of sexual miscondu...

Subscribe to enjoy similar stories. Connor Hubbard spends his days as a senior benefits analyst at a manufacturing company like any other cubicle drone. Except that millions of people watch him do it.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories. When I write about Generative Artificial Intelligence (GenAI) in IT Matters, it is usually about its latest advances and the nuances of its seemingly relentless march. I try to discuss both its triumphs and its travails, especially technological aspects that aren’t readily apparent to most.

National Green Tribunal (NGT) by the Central Pollution Control Board (CPCB) has revealed that some flame-retardant chemicals found in car cabin air, which may be carcinogenic, are not listed under the Manufacture, Storage, and Import of Hazardous Chemicals Rules 1989. This report highlights a potential regulatory gap, as these rules were issued by the Union Ministry of Environment. The CPCB’s report, dated September 10, 2024, noted that no testing had been conducted on these chemicals and recommended that the tribunal consult agencies overseeing automobile safety standards, which are regulated by the Ministry of Road Transport and Highways. This issue gained attention in June when the NGT’s principal bench, led by Justice Prakash Shrivastava, took suo motu notice of a media report indicating the presence of «carcinogenic flame retardants» in cars. The claim, which is being investigated by the US National Toxicology Program, prompted the NGT to request a report from CPCB on the matter.

Subscribe to enjoy similar stories. MUMBAI : PVR Inox Ltd has got a shot in the arm with the roaring success of Stree 2. The Hindi horror comedy, starring Shraddha Kapoor and Rajkummar Rao, has garnered ₹573 crore since its release on 15 August, according to Bollywood Hungama website.

Subscribe to enjoy similar stories. A month after Ola Electric was listed in the public market, its older but smaller rival Ather Energies also filed its draft red herring prospectus (DRHP) for an initial public offering (IPO). Founded in 2013, Ather Energies has seen Ola Electric, four years its junior, overtake it in sales in the past few years.

Terry Fox had run the length of a marathon a day during his journey across Canada, she was shocked.Like most Canadians, Adhiya had known about the icon’s 1980 mission to raise funds for cancer research through a 4,700-mile run from Newfoundland to British Columbia, but not much about Fox’s childhood, the day-to-day grind of his run and his deep connection to his supporters.The editor and writer’s new book, Hope by Terry Fox, published this month by ECW Press and Burman Books, explores who Fox was beyond what he called his Marathon of Hope through interviews, journal excerpts, letters and photos.“As Canadians, we adore him for very good reason, and he is our iconic hero,” Adhiya said. “But I think this book allows you to really understand the depth of who he was as a human being.”“This is hope, as Terry Fox would teach you.”Fox, of Port Coquitlam, B.C., was 18 years old when he was diagnosed with bone cancer and had to have his right leg amputated.

Subscribe to enjoy similar stories. Buy or sell stocks: After witnessing a massive upside move on Thursday, the Indian stock market consolidated on Friday and closed lower. However, banking stocks witnessed a decent demand throughout the session.

Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested