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Nvidia Launches New AI Chip for China: What to Know

Nvidia Launches New AI Chip for China: What to Know

Nvidia is set to launch a less powerful version of its H20 artificial intelligence chip for the Chinese market within the next two months. This move comes after the U.S. imposed export restrictions on the original chip, which was crucial for Nvidia's business in China. The new H20 chip will have significantly reduced memory capacity and other modifications to comply with U.S. regulations. Nvidia's CEO recently emphasized the importance of China as a key market, especially as the country accounted for 13% of Nvidia's total sales last year. This strategic decision highlights the ongoing tension between U.S. and Chinese tech markets.

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Thrilling Day 1 Highlights: WTC Final 2025
Thrilling Day 1 Highlights: WTC Final 2025
Australia faced a tough start in the WTC Final against South Africa at Lord's, with the bowlers dominating on a slow pitch. Day 1 saw 14 wickets fall, with South Africa’s Kagiso Rabada shining with 5-51. Australia struggled initially, reaching 67-4 at lunch, but standout performances from Beau Webster and Steve Smith helped them recover. The match showcased a fierce bowling display from both sides, setting the stage for an exciting contest as Australia defends its title and South Africa seeks its first ICC trophy this century.
Zomato's Shares Rise Amidst Rapido's Competition
Zomato's Shares Rise Amidst Rapido's Competition
Zomato's parent company, Eternal, saw a 1% increase in shares on June 11, recovering from recent losses due to competition from Rapido's entry into food delivery. A block deal involving nearly 60.93 lakh shares worth ₹156 crore was completed at ₹256 each. Rapido's low delivery fees present a challenge to Zomato and Swiggy, with potential valuation cuts looming. As Rapido promotes honest pricing and leverages its vast rider network, the food delivery landscape in India is set for a shake-up, keeping investors and customers on their toes.
RBI's Confusing Signals on Monetary Policy Explained
RBI's Confusing Signals on Monetary Policy Explained
The Reserve Bank of India, under new Governor Sanjay Malhotra, is sending mixed signals regarding its monetary policy. Recently, the RBI cut interest rates unexpectedly to boost economic growth, but quickly reverted to a neutral stance, raising concerns about future rate cuts. Despite these efforts, banks are hesitant to lend, keeping excess cash parked with the central bank. This has led to confusion among market participants about the effectiveness of the RBI’s policies, especially as loan growth has dipped below 10% for the first time in three years.
Musk Regrets Remarks Against Trump: A Surprising Twist
Musk Regrets Remarks Against Trump: A Surprising Twist
Elon Musk recently expressed regret over his harsh comments about former US President Donald Trump, acknowledging that some of his posts went too far. The tension began when Musk criticized a tax bill, leading Trump to express disappointment in him. Musk, who played a pivotal role in Trump’s election, claimed that he was misrepresented regarding the bill and suggested that Trump's past support should not be forgotten. The feud intensified when Musk linked Trump to the Jeffrey Epstein files, but he later deleted those posts, signaling a possible reconciliation.
India’s Stock Market Soars: Opportunities and Risks
India’s Stock Market Soars: Opportunities and Risks
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Surge in Indian Oil Stocks Amid Falling Prices
Surge in Indian Oil Stocks Amid Falling Prices
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Maharashtra's Liquor Duty Hike: Market Impact Explained
Maharashtra's Liquor Duty Hike: Market Impact Explained
The Maharashtra government has raised excise duties on Indian Made Foreign Liquor (IMFL), causing a drop in liquor stocks. Prominent companies like United Breweries and United Spirits faced losses up to 5%, while others like Sula Vineyards thrived due to expected benefits from a new liquor category. The excise on IMFL will increase significantly, leading to a potential 30-50% rise in retail prices. This is the steepest hike since 2011, expected to generate an additional ₹14,000 crore annually. The government is also enhancing oversight through AI technology to improve regulation and curb illicit trade.
Large-Cap Funds Face Decline: Trends in Investment
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Pakistan Army Chief's US Visit: What to Expect
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Adani Group to List Airports Unit by 2027
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Women’s Reservation Bill: A Step Towards Equality
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The Indian government, led by Prime Minister Narendra Modi, is set to introduce a women's reservation bill for the 2029 Lok Sabha elections. The Nari Shakti Vandan Adhiniyam aims to reserve one-third of seats in Parliament and state assemblies for women. This initiative is linked to the upcoming delimitation process, which will reshape electoral boundaries. As the Census has been announced, the government is taking steps to ensure women's representation in governance. This significant move aims to empower women and enhance their political participation in India.
UPSC CSE Prelims 2025 Results Announcement Soon!
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The UPSC is set to announce the results for the Civil Services Preliminary Examination (CSE) 2025 soon. Candidates who took the exam on May 25 can check their results on the official UPSC website. The Prelims consisted of two papers: General Studies and CSAT, with CSAT being qualifying. Candidates who qualify will move on to the Mains exam in September 2025. The results will be released in a PDF format, and candidates can find their roll numbers there. Stay tuned for updates on this crucial step in your civil services journey!
U.S.-China Trade Talks: A Crucial Turning Point
U.S.-China Trade Talks: A Crucial Turning Point
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Apple's Liquid Glass: A Bold New Design Revolution
Apple's Liquid Glass: A Bold New Design Revolution
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Equity Mutual Funds: Positive Inflows Continue
Equity Mutual Funds: Positive Inflows Continue
Equity mutual funds in India saw positive inflows for the 51st month in May, totaling ₹19,013 crore despite a decline from April. This brought the assets under management to ₹32.05 lakh crore. While the Nifty and Sensex rose by about 2%, midcap and smallcap indices surged by 5% and 10%, respectively. New SIP registrations increased, with a notable drop in SIP stoppage rates, indicating investor confidence. Despite fluctuations, hybrid and arbitrage funds attracted significant interest, reflecting a cautious approach among investors looking for safer options amid market volatility.
RBI Cuts Inflation Forecast and Repo Rate for Growth
RBI Cuts Inflation Forecast and Repo Rate for Growth
The Reserve Bank of India (RBI) has cut its inflation forecast for FY26 to 3.7%, down from 4%, providing relief to households. RBI Governor Sanjay Malhotra noted improving food supply as a key factor. Additionally, the RBI adjusted its monetary policy from “accommodative” to “neutral” and reduced the benchmark repo rate by 50 basis points to 5.5%, the lowest in three years. This decision aims to boost growth amidst a slowing economy, with GDP growth projected at 6.5% for FY26. Lower borrowing costs will benefit consumers and stimulate demand.
Record DII Investments Fuel Indian Market Growth
Record DII Investments Fuel Indian Market Growth
In 2025, domestic institutional investors (DIIs) have poured over Rs 3 lakh crore into Indian equities, marking the second-highest inflow since 2007. The recent surge, particularly in May and June, reflects strong market sentiment and investor confidence, driven by mutual funds and retail investor support. The RBI's policy measures and favorable economic conditions further boost optimism. While banks have sold off, mutual funds lead with significant net purchases. Experts suggest that continued inflows and robust earnings growth will be vital for sustaining this momentum, despite potential market corrections.
Tata Motors: Ambitious Growth Plans Ahead
Tata Motors: Ambitious Growth Plans Ahead
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