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India's first significant defence export. The missile is the first such armament developed jointly by India and Russia. These missiles are manufactured by Brahmos Aerospace in India.

Rana Gupta, MD, Manulife Investment Management, says what the Indian government did with Make in India, is in the case where the Indian government is the buyer, whether it is power, railways and all this equipment, they made a local content mandatory. That means the import substitution has to happen. You cannot just import and sell, that was the first phase, that has already happened and happening. The second phase is where we are moving on to now is basically technology absorption. In the second leg that we are going to see investing and deepening valuation within India. First, the import substitution gave the volume. Now that is giving these companies confidence to do value addition, leading to exports. I 2024, global growth is going to slow a bit. But if you take a three-year view, the export story is pretty much alive.” I was just speaking with the head of JCB India head. He was just telling me that we are already the third largest construction equipment market in the world and will move to second largest in the next five-seven years. He also said we have a 20% growth visibility on exports. TRIL, KEI, Apar are saying that there is a major manufacturing capex happening in Europe and the US and India will be the country to feed into that. Are you also convinced on this argument? We have been convinced on this argument for some time.

GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in an uncertain economy, hampering the videogame retailer's pivot to a more online-focused model. Sticky inflation and high borrowing costs have led to uneven spending in the gaming industry. Recently, two major players, including Take-Two Interactive Software, gave an underwhelming forecast.

artificial intelligence (AI) looked set for a dramatic climax on Wednesday, as lawmakers enter what some hope will be the final round of discussions on the landmark legislation. What is decided could become the blueprint for other governments as countries seek to craft rules for their own AI industry.

AMD estimated there was a $45 billion market for data center artificial intelligence processors this year as it launched a new generation of AI chips on Wednesday. Advanced Micro Devices announced two new AI data center chips from its MI300 lineup: one focused on generative AI applications, and a second chip geared toward supercomputers. The version of the processor for generative AI, the MI300X, includes advanced high-bandwidth memory that improves performance.

OCEAN – a newly launched Bitcoin (BTC) mining pool backed by Jack Dorsey – has updated its mining software to exclude Bitcoin ordinals transactions from the blocks that it generates.

By Gilles Guillaume

A technology-focused China equity fund outperforming 98% of peers this year advises caution over the frenzy in artificial intelligence themes, saying it might be the biggest underpriced risk in the market.

Barrons Roundtable panelists discuss how you can adjust your 2023 portfolio for success in 2024.

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By Gilles Guillaume

Rapido also aims to expand across India by the middle of 2024, said company’s co-founder Pavan Guntupalli. The aggregator company enjoys 60% market share in bike taxis, Rapido plans to expand its footprint with "the pan-India launch of Rapido Cabs, introducing an initial fleet of 1 lakh vehicles," as per the release.

₹30,000 in December 2023. Samsung Galaxy F54 5G is equipped with an 108MP no-shake camera on the back and is powered by a 6,000mAh battery. The handset packs 8GB RAM with 256 GB storage.

Dogecoin (DOGE) has gained more than 10% over the past day as the cryptocurrency celebrates its tenth anniversary, marking a decade since its inception. 

Mint reported that Delhi’s Chief Minister Arvind Kejriwal’s daughter Harshita became a victim of an online scam. She tried to sell an old sofa set at an online second-hand marketplace but was, instead, duped at ₹34,000. Several such cases have come to the fore of late.

Investing.com — The Dow closed lower Tuesday, but downside momentum was curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.

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After a rash of layoff announcements at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling. Tech-industry layoffs, which dominated at the start of 2023, included Facebook parent Meta Platforms, Google parent Alphabet and Microsoft. Then downsizing went beyond high-growth technology companies, with retailers, manufacturers and the financial sector announcing cuts.

Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they’re also lobbying hard to make sure the new rules work in their favor

The highly-anticipated trailer for Grand Theft Auto VI arrived a little early after a copy was leaked online

Zomato is scouting for algorithm engineers at IIT campuses. High frequency trading companies are looking for statistical process control experts with high scores in quant. Consulting companies want associate product managers.