TrendNCart

Nvidia tops $4 trillion as U.S. stocks shrug off latest tariffs

[ad_1] A NVIDIA logo is pictured on its facility at the High-tech park at Yokne’am, in northern Israel on July 9, 2025. | Photo Credit: Reuters Wall Street stocks bounced early Wednesday (July 9, 2025) following two downcast sessions, shrugging off U.S. President Donald Trump’s latest tariff threats as Nvidia surged to a fresh record. After Congress gave Mr. Trump

Read More »

Govt-backed quantum surge in India lacks private sector spark, says IISc professor

[ad_1] Prof. Arindam Ghosh, Conference Chair of QIB 2025 and IISc Bengaluru professor India has secured over $800 million in quantum computing investments, says Prof. Arindam Ghosh, Conference Chair of QIB 2025 and IISc Bengaluru professor, highlighting a significant government contribution but a lag in private funding.  Speaking on the sidelines of the Curtain Raiser for the Quantum India Bengaluru Summit

Read More »

Nvidia market cap milestone: Chipmaker becomes first public company to hit $4 trillion, AI boom drives rally

[ad_1] Nvidia’s market capitalisation touched the $4 trillion mark for the first time on Wednesday, making it the world’s first publicly listed company to hit the milestone, amid sustained investor demand for artificial intelligence-linked stocks.Shares of the chipmaker climbed as much as 2.4% to $164 in intraday trade, buoyed by Nvidia’s leadership in high-end AI semiconductor design and growing investor

Read More »

Union strike: shutdown in Kerala, major cities in other states remain unaffected

[ad_1] Workers marched in solidarity with the nationwide strike organised by trade unions in Palakkad on Wednesday. | Photo Credit: K K Mustafah Employees and workers associated with 10 Central trade unions participated in a daylong nationwide strike on Wednesday, though essential services largely remained unaffected. The strike had a significant impact in Kerala, which experienced a total shutdown of

Read More »

US market today: Stocks edge higher as tariff deadline gets extended, Merck-Verona deal boosts investors sentiment

[ad_1] US stocks opened higher on Wednesday after President Donald Trump extended the deadline for new trade tariffs to August 1, calming market nerves and lifting major indices. The S&P 500 was up 0.5%, the Dow Jones Industrial Average rose 219 points (0.5%), and the Nasdaq Composite gained 0.7% in early trade.The White House had earlier set July 10 as

Read More »

India on track to hit 50% renewable energy target of 472 GW by year-end: Power Minister Khattar

[ad_1] India is set to meet its ambitious target of generating 50 per cent of its total power capacity—472 gigawatts (GW)—from renewable sources by the end of 2025, Union Power Minister Manohar Lal Khattar announced on Wednesday. Speaking at the ‘India Energy Storage Week (IESW) 2025’ in the capital, Khattar said the country has made remarkable progress in the renewable

Read More »

Will Rishi Sunak work 70 hours a week? Netizens ask as Narayan Murthy’s son-in-law joins Goldman Sachs

[ad_1] Former United Kingdom Rishi Sunak has joined his old firm Goldman Sachs as advisory role after his brief stint as member of parliament. For Sunak, this marks his first major position since resigning as the leader of the Conservative Party last year in July, reported Hindustan Times. Announcing his appointment, David Solomon, the chief executive of Goldman Sachs, said,

Read More »

India presents a compelling case for global maritime investors: Government

[ad_1] With 100 per cent FDI permitted under the automatic route in shipping and shipbuilding, and fiscal incentives offered by the International Financial Services Centre (IFSC) at GIFT City, India presents a compelling case for global maritime investors, a top government official has said. Key benefits include a 10-year tax holiday, zero GST on ship imports, and no withholding tax

Read More »

Delhi CM Rekha Gupta’s bungalow tender cancelled by PWD amid mounting controversy

[ad_1] The Public Works Department (PWD) of the Delhi government has cancelled the controversial Rs 59.40 lakh tender floated for the renovation and electrical works at the official residence of newly appointed Chief Minister Rekha Gupta. The tender, which was scheduled to be opened on July 4, was abruptly scrapped on July 7 citing “administrative reasons”, as mentioned in the

Read More »

Gartner pegs Earth Intelligence, an emerging niche in tech, at $20 billion through 2030

[ad_1] Image used for representational purposes. | Photo Credit: Getty Images/iStockPhoto Earth Intelligence will offer a $20 billion new revenue growth opportunity for Technology and service providers through 2030, forecasts Gartner on Wednesday (July 9, 2025). Earth intelligence indicates the application of AI to Earth observation data to deliver solutions specific to industries and business functions. By 2030, enterprises

Read More »

India showcases strong maritime investment potential at London meet; offers 100% FDI and tax breaks

[ad_1] India is positioning itself as a global maritime hub by opening doors to international investors with 100 per cent Foreign Direct Investment (FDI) under the automatic route in shipping and shipbuilding, coupled with tax and policy incentives at the International Financial Services Centre (IFSC) in GIFT City. Speaking at the ‘India Maritime Investment Meet’ hosted at India House in

Read More »

Murugappa Group’s Cholamandalam Investment and Finance launches Chola Chess to nurture chess talent

[ad_1] (from left) Grand Master R Praggnanandhaa, Vellayan Subbiah, Executive Chairman, Cholamandalam Investment and Finance; PR Venketrama Raja, Founder, Ramco Systems and Chess world champion Viswanathan Anand, at the launch of Chola Chess | Photo Credit: Bijoy Ghosh In a bid to strengthen India’s chess ecosystem, Murugappa Group-owned Cholamandalam Investment and Finance Company (Chola) on Wednesday launched Chola Chess, a

Read More »

No impact of 50% copper tariffs on Indian companies, says industry

[ad_1] Sheets of copper cathode at BHP Billiton’s Escondida, the world’s biggest copper mine, in Antofagasta. File | Photo Credit: Reuters The proposed 50% import tariff on copper announced by U.S. President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines Minister G. Kishan Reddy

Read More »

After a gap of eight months, tractor sales cross one lakh units in June

[ad_1] June tractor volumes growth was supported by the early onset of rains and healthy agricultural activity After a gap of eight months, tractor sales breached the one-lakh mark in June, thanks to the timely arrival of monsoon, good rabi crop harvest and improvement in kharif crops. In June, tractor sales were up 10 per cent to 1,21,613 units as

Read More »

10 killed & 5 injured as bridge over Mahi river collapses in Gujarat

[ad_1] Rescue operation underway after several vehicles fell into the Mahisagar river when a portion of a four-decade-old bridge collapsed, in Gujarat’s Vadodara district, Wednesday | Photo Credit: – A portion of a bridge built over Mahisagar (Mahi) river in Gujarat collapsed on Tuesday, killing at least 10 people and injuring 5 others. Prime Minister Narendra Modi and Gujarat Chief

Read More »

Hims & Hers offers generic semaglutide as Novo Nordisk patent lapses

[ad_1] The Hers website arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk‘s patent on its branded drugs Ozempic and Wegovy is set to expire in January. “Canada is a major opportunity to

Read More »

Bengal paddy output this crop year may exceed last year’s bumper crop

[ad_1] In 2024-25, the State produced 256 lt of paddy | Photo Credit: REUTERS West Bengal expects total paddy production for this crop year (July 2025-June 2026) to exceed last year’s bumper production of 256 lakh tonnes. Total paddy production in Bengal, India’s largest rice-producing state, was a record high in 2024-25. The West Bengal government has set a target

Read More »

SEBI mulls allowing ratings agencies to rate instruments not regulated by it

[ad_1] Agencies that rate non-SEBI-regulated instruments must charge a fee for the same and maintain arm’s length from the business that rates SEBI-regulated entities, SEBI said. File | Photo Credit: Reuters Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (July 9, 2025) proposed allowing credit ratings agencies to rate financial instruments regulated by other financial sector regulators. Any

Read More »

No plan to introduce Rs 50 coin: Centre tells Delhi HC

[ad_1] The Union Ministry of Finance has told the Delhi High Court that at present, it has no proposal under consideration regarding the introduction of a Rs 50 coin. The Centre’s response came in the backdrop of a plea, filed by advocates Rohit Dandriyal and Mini Agrawal, which sought directions to issue Rs 50 coin, highlighting the distress and inequalities faced

Read More »

US Sanctions IT Worker Scheme Mastermind Generating Revenue For N Korean Regime

[ad_1] The U.S. Department of the Treasury has imposed sanctions on the mastermind of an information technology worker scheme generating revenue for the North Korean Kim Regime. The Treasury alleges that Song Kum Hyok, who is a malicious cyber actor linked with Pyongyang’s military intelligence agency, known as the “Reconnaissance General Bureau,” used foreign-hired IT workers to seek remote employment

Read More »

US Government Mulls Law To Ban Purchase Of Farmland By Chinese Nationals

[ad_1] The Department of Agriculture has launched a National Farm Security Action Plan that envisages new law and executive action to ban the purchase of American farmland by Chinese nationals and other foreign adversaries. Tuesday, Agriculture Secretary Brooke Rollins explained aggressive actions across seven critical areas proposed in the action plan. “The first of the seven is securing and protecting

Read More »