HSBC upgrades India to Overweight, cuts China to Neutral; Citi, Jefferies also favour Indian equities

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Karnataka clears industrial projects worth Rs 6,825.93 cr; 18,600 jobs expected

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.

Karnataka clears industrial projects worth Rs 6,825.93 cr; 18,600 jobs expected

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.

Beyond Nvidia: Alice Huang’s reported ties to Gigabyte’s leaders and a data-centre business serving Alibaba

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.

In 2024, a Taipei bar photo showed Alice Huang next to Nvidia CEO Jensen Huang; what US intelligence says happened next

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.

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Nifty holds 25,000 after volatile session; PSU Banks surge 3.7%, IT drags

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, in White House memoir, says Trump should carry the weight of Jan. 6 riots 'to his grave'

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.

TMC MLA Paresh Ram Das arrested from Kolkata airport over rape, extortion cases

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.

'Unsubstantiated...': China dismisses 'Chinese spy' narrative in Nvidia CEO Jensen Huang probe