Nvidia and AMD have agreed to hand over 15% of their revenues from chip sales to China to the US government, a senior US official confirmed, according to the Associated Press. The arrangement is part of a deal allowing the companies to resume sales of specific artificial intelligence chips to the Chinese market.The revenue-sharing terms…
Elon Musk-owned vehicle manufacturer Tesla inaugurated its second showroom in India at Delhi’s Aerocity, expanding its presence in the country.The American automaker giant is further set to expand its supercharging network across key Indian metropolitan regions ahead of its September delivery commencement, according to a senior company representative on Monday, quoted by ET.At the inauguration…
The Income-Tax Bill, 2025 was designed to update and simplify India’s taxation system. New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has introduced modified New Income Tax Bill 2025 in Parliament on Monday. The government had officially withdrawn the Income-Tax Bill, 2025 on Friday, which had been presented in the Lok Sabha on February…
Xinjiang-Tibet railway project: The new railway line has been under consideration for approximately twenty years. (AI image) China is starting the construction phase of the Xinjiang-Tibet railway project – adjacent to India’s northern Ladakh borders. India’s neighbor has established the Xinjiang Tibet Railway Co. Ltd in the past week, following years of preliminary studies on…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 11, 2025) are AU Small Finance Bank, and Bharti Airtel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) AU Bank 739 875 18% Bharti Airtel 1859…
