New Delhi, June 21 (IANS) Rupee is likely to appreciate further in the coming weeks and in the context of appreciating domestic currency, foreign portfolio investors (FPIs) are unlikely to sell significantly going forward, analysts said on Sunday.The better-than-expected FY26 earnings growth of 15.6 per cent for Nifty 500 is providing fundamental support and resilience to the market. “However, poor monsoon, so far this year, is becoming a concern,” said analysts.There has been a distinct cha…
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New Delhi, June 2 (IANS) As the artificial intelligence boom reshapes the global technology industry, compensation and profit-sharing are increasingly emerging as key issues, with Nvidia CEO Jensen Huang arguing that workers should be paid as much as possible.Speaking on the sidelines of Computex in Taipei on Tuesday, Huang said employees should benefit from the rapid growth generated by AI-driven investments.“I think people should be paid as much as possible,” Huang said while responding to…
New Delhi, May 30 (IANS) India’s design-linked incentive (DLI) scheme is showing good results, Union Minister Ashwini Vaishnaw has said, hailing the country’s first flagship AI system on chip (SOC) ‘A2000’ at 12nm technology node designed by Thiruvananthapuram-based fabless semiconductor startup Netrasemi.The chip has now achieves successful silicon Bringup and getting ready for commercial production.“Netrasemi has designed India’s first Edge AI System-on-Chip (SoC) ‘NETRA A2000’, at…
New Delhi, May 3 (IANS) As long as the artificial intelligence (AI) trade continues, the trend of foreign portfolio investors (FPIs) outflows from India is likely to continue, analysts said on Sunday.A significant trend in FPI flows this year is that Japan, South Korea and Taiwan are attracting significant inflows while India and some other emerging markets which are facing headwinds from the energy crisis and currency depreciation are facing outflows. “An important factor driving capital flows …
New Delhi, March 26 (IANS) Apple on Thursday announced new members of its American Manufacturing Programme (AMP), expanding the company’s long-standing commitment to bring even more advanced manufacturing and critical component production to the United States. Apple is working with Bosch, Cirrus Logic, TDK, and Qnity Electronics to manufacture essential materials and components in the U.S. for Apple products sold around the world, creating jobs and strengthening America’s manufacturing capab…