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#OctoberTradeData | #Exports down 11.8% at $34.38 bn vs $38.98 bn (YoY) ▶️#Imports up 16.64% at $76.06 bn vs $65.21 bn (YoY) ▶️#TradeDeficit up 58.90% at $41.68 bn vs $26.23 bn (YoY)
CYIENT LIMITED: CO. LAUNCHES INDIA'S FIRST-GENERATION IP POWERED SILICON CHIP ARKA GKT-1 IN COLLABORATION WITH AZIMUTH AI; DESIGNED FOR HIGH-EFFICIENCY EDGE AI AND SMART ENERGY APPLICATIONS; MARKS A PIVOTAL STEP TOWARD SELF-RELIANCE IN SEMICONDUCTOR DESIGN.
the fact no one knew Zohran Mamdani a year ago and today he is the Mayor of New York is all you need to know that you can change your life in an year if you really want it (this is a motivational post for my techbros and not at all political)
FROM BLOOMBERG BANKERS SEES RELIANCE JIO VALUATION AT $170B WHICH IS 15 LAKH CR IN INR Investment bankers are proposing a valuation of as much as $170 billion for Jio, reports say bloomberg.com/news/articles/… #BREAKING
URBAN COMPANY: Q2 CONS NET LOSS RUPEES 593.3M VS LOSS 18.2M (YOY) URBAN COMPANY: Q2 REVENUE RUPEES 3.8B VS 2.77B (YOY)
Each 1GW of AI computing capacity costs $50bn to deploy in today’s prices, according to OpenAI execs. By 2028, Morgan Stanley projects at least 65 GW of new data center demand. Do the math
Only way this can happen is if i) there are rolling blackouts across the US (with electricity prices 3-4x higher) or ii) there is a nuke around every corner. There is no way the current US grid can support this
HOUSING SALES IN INDIA’S TOP 9 CITIES DROP 4%, MARKING 10TH STRAIGHT QUARTER OF DECLINE
🚨 Accenture announces laying off 11,000 jobs in three months.
🇺🇸 US Senators Target H-1B Usage by Big Tech: WSJ 👉🏻 Lawmakers demand data by Oct 10 on wages of H-1B workers & impact on American jobs 👉🏻 Concerns raised over layoffs & shrinking opportunities for US employees 👉🏻 Letters sent to Amazon, Apple & other tech giants by Senate…
INDIA RESTRICTS IMPORTS OF CERTAIN JEWELLERY ITEMS TILL MARCH 2026.
Bloomberg Reports CHINA MAKES POWER PLAY FOR GLOBAL GOLD – EYES CONTROL OVER FOREIGN RESERVES TO CHALLENGE DOLLAR DOMINANCE •Beijing pushes to become the world’s custodian of foreign sovereign gold, aiming to shake up the bullion market. •The People’s Bank of China woos…
A sudden change in policy: The initial policy of raising H-1B visa costs on ALL holders would have impacted ~700,000 people. Assuming the cost of an H-1B visa rises from $10,000 to $100,000, this would raise an incremental $63 billion PER YEAR. However, President Trump has…
The H1-B Visa Situation: President Trump just raised the cost of an H-1B Visa to $100,000 PER YEAR, a +1,000% increase. The US issues ~85,000 new H-1B Visas per year, which will now cost $8.5 BILLION/year. What are the economic implications? Let us explain. (a thread)
How Semiconductur Capex will Flow across Geographies
A Guide To India's Chip Mission India’s four-year-old mission to develop a local semiconductor industry is gaining momentum. 10 semiconductor projects $18 billion in investment commitments Subsidies of over $7 billion allocated 23 chip design projects sanctioned A new…
“A DCF is like the Hubble telescope - turn it a fraction of an inch and you're in a different galaxy.” - Curtis Jensen
BREAKING: China lifts export restrictions on fertilizers, rare earths, and tunnel boring machines to India.
Biggest Beneficiary from GST Cut As Per MOSL report
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