The global tech sell-off deepened this week after more than $1.8 trillion in market value was erased from major equity markets in just four trading sessions. On Thursday alone, the Nasdaq Composite logged its worst one-day decline of the year, driven by renewed fear around AI spending excesses, slowing growth signals, and tightening financial conditions.
NEW DELHI: Government on Sunday unveiled a string of steps for Customs and central excise, measures that will help in simplifying the tariff structure, support domestic manufacturing, and promote export competitiveness against the backdrop of global trade tensions. Steps were also taken to promote ease of living with FM Nirmala Sitharaman proposing to reduce the
Synopsis Indian data centre stocks rallied as the Union Budget announced a tax holiday until 2047 for foreign cloud service providers, aiming to position India as a global hub. Companies like Anant Raj, Techno Electric, and Netweb Technologies are expected to benefit from increased data centre development and infrastructure demand. Listen to this article in
Synopsis The company said the facility will be set up in Londrina, in the southern state of Parana, with an initial investment of about $37 million. The campus is expected to generate more than 1,600 new jobs over time. ETtech India’s largest IT services company, Tata Consultancy Services (TCS) has announced plans to build a
TWO decades ago, Kunal Bahl almost achieved the American dream. The India-born engineer earned an MBA at the University of Pennsylvania’s Wharton School, then an internship at Microsoft. That position led to an invitation to have dinner with Bill Gates at his house, and later to a full-time job at the tech giant. But the
The expected announcement next week of the conclusion of India–EU free trade negotiations will mark a turning point in a relationship that has long struggled to translate political goodwill into tangible outcomes. While reduced tariffs on European automobiles and wine, and improved market access for Indian electronics, textiles and chemicals will dominate headlines, the strategic
China’s rapid electrification has been hailed as a miracle. By some measures, India is even further ahead. The nation is electrifying faster and using fewer fossil fuels per capita than China did when it was at similar levels of economic development, according to a new report from the think tank Ember. It is a sign
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Miguel De Bruycker, director of the Centre for Cybersecurity Belgium (CCB), said that under the current circumstances, fully storing data within Europe is “impossible” as American tech companies dominate the space Belgian cybersecurity expert Miguel De Bruycker has warned that Europe is so far behind the US in terms of digital infrastructure that “it has
As of January 1, 2026, the global semiconductor landscape has undergone a tectonic shift, with India emerging from the shadows of its service-sector legacy to become a formidable manufacturing powerhouse. The India Semiconductor Mission (ISM), once viewed with skepticism by global analysts, has successfully transitioned from a series of policy incentives into a tangible network