Credit growth rose 21% year-on-year in October, with corporate lending up around 24% and MSME credit climbing 25%
Karnataka's recent committee meeting led to the approval of 147 industrial projects amounting to Rs 6,825.93 crore. These projects are anticipated to generate approximately 18,600 jobs across the state. Notably, 131 projects will invest in regions outside Bengaluru's urban areas to promote regional development. The investments span several sectors, including IT, semiconductors, and food processing. Major projects include IT parks and manufacturing units expected to create thousands of job opportunities.
China's alleged spying operation targeting Nvidia CEO Jensen Huang goes beyond one executive. A New York Times investigation links Alice Huang, reportedly recruited by China's top intelligence agency, to Gigabyte's leadership and a Singapore-based data-centre company serving Alibaba. The operation allegedly aimed to gather information on Nvidia's advanced AI chips and influence their exports to China.
It still remains unclear when Alice Huang first met Nvidia CEO Jensen Huang. It also remains uncertain how long their affair lasted. But, according to media reports, she was first photographed sitting with him in June 2024. This was at a bar in Taipei. Both were seen drinking with executives from Gigabyte and NetThunder.
The Sensex ended at 81,106.65, up 107.25 points or 0.13%, while the Nifty settled at 25,044.65, gaining 58.25 points or 0.23%
Joe Biden’s memoir sharply criticizes Donald Trump for his role in the January 6 Capitol insurrection. Biden argues that Trump's actions have significantly harmed American institutions and societal coherence. During his presidency, Biden faced multiple challenges including the COVID-19 pandemic and economic instability. He reflects on a unique meeting with Trump that raised concerns about Trump's approach to governance.
Paresh Ram Das, a Trinamool Congress MLA, was arrested at the Kolkata airport on Monday. He is accused of multiple serious crimes, including rape, extortion, and involvement in post-poll violence. Das was apprehended by a special team from Baruipur Police while he was attempting to board a flight to Mumbai. This arrest follows a period during which he had been evading law enforcement authorities.
