Qualcomm to make India export hub for auto modules, backs AI push: Global CEO Cristiano Amon
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Goyal: India keen to diversify crude, coking coal sources
India is actively seeking to broaden its crude oil and coking coal suppliers, with a keen interest in high-quality US coking coal. Minister Piyush Goyal highlighted the US's potential to provide crucial technology like GPUs for AI and data center equipment, while India offers manufacturing prowess. Significant aircraft demand from the US also presents a key opportunity. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/89QRvhG >
US stock market: Wall Street rises as Nvidia leads AI rally
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'Quite ridiculous': Piyush Goyal dismisses investor fears over future of India’s IT sector
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Adani bets big on AI data centres, to invest $100bn
Adani Group plans a massive $100 billion investment by 2035 to establish renewable energy-powered, AI-ready data centers across India. This initiative aims to foster a $250 billion AI infrastructure ecosystem, building on existing partnerships and expanding renewable energy capacity to support India's ambition as an AI hub. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WOdgRIE >
US stocks today: Wall Street swings as AI jitters, weak consumer sentiment weigh on markets
US stocks saw mixed trading as consumer confidence dipped and AI's impact on earnings remained a concern. General Mills and Genuine Parts faced significant drops due to weak consumer sentiment and company forecasts. Meanwhile, Warner Bros. Discovery saw gains amid buyout talks, while Big Tech stocks experienced volatility, raising questions about AI investment returns. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Rr81o7z >
'Only quotas offered in most farm goods for US duty cuts'
India is offering agricultural quotas in an interim trade deal with the US, aiming for a March signing. Officials state these quotas are small and align with current imports, designed to boost Indian textile exports. The agreement, focusing on agricultural goods and potentially digital services, is being finalized in Washington. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ElOuYTD >