Semiconductor push: India ramps up high-tech chip production for CCTVs, servers, HPC; Rs 200 crore investment planned

India is making rapid strides in developing advanced semiconductor chipsets capable of powering high-tech applications such as CCTVs, servers, and high-performance computing, Union minister for electronics and IT Ashwini Vaishnaw said on Saturday. The government plans to invest over Rs 200 crore in energy-efficient microprocessors as part of this initiative.Semiconductors are crucial for modern technology,…

Read More

Customs update: CBIC consolidates 31 notifications into one; move to boost ease of doing business

In a move aimed at simplification, transparency, and improving the Ease of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) has merged 31 separate Customs Duty notifications into a single, comprehensive document. As per news agency ANI, the consolidated Notification No. 45/2025, dated October 24, 2025, will come into effect on November…

Read More

RBI vs SBI economists showdown: Plagiarism allegations posted on LinkedIn; here’s what the matter is about

A senior official from the Reserve Bank of India’s monetary policy division has raised allegations of plagiarism against economists at the State Bank of India. In an unprecedented situation, a public spat has emerged on social media between professionals from the Reserve Bank of India (RBI) and the State Bank of India (SBI).A senior official…

Read More

Reagan ad: Canada to halt ‘anti-tariff’ commercial in hope of resuming talks with US; claims Trump ‘wasn’t too happy’

Donald Trump and Ontario Premier Doug Ford (AP images) Canada on Friday said that it will pause the anti-tariff advertisement campaign that prompted US President Donald Trump to abruptly end trade negotiations, as confirmed by Ontario Premier Doug Ford.Ford said the decision comes after discussions with Canadian Prime Minister Mark Carney and the campaign will…

Read More

US fund buys $400mn stake in insurance broker Ace

The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…

Read More