CHINESE SPACE CAPABILITIES
Altimeter, Atreides urge Nvidia board to keep doors open for Jensen Huang's return as CEO
In a letter addressed to the company's board, Altimeter CEO Brad Gerstner and Atreides Managing Partner and Chief Investment Officer Gavin Baker said the board should not rush to appoint a permanent successor before all the facts surrounding Huang's departure are known.
MEA says "power grid integration" with ASEAN is promising as India eyes deeper digital cooperation
India is looking to solidify partnerships with ASEAN countries in digital public infrastructure and telecommunications. The country seeks to leverage its experience in power grid integration for regional energy security. Prime Minister Narendra Modi's upcoming visit to the Philippines will coincide with the 49th ASEAN Summit. Various world leaders will participate in discussions on regional cooperation and challenges.
China’s army-linked university was served Nvidia chips despite US sanctions
A Chinese university with close links to the country's military has purchased two of Nvidia's powerful H200 AI chips despite being on the US export blacklist, according to procurement records reviewed by Reuters. The findings raise fresh concerns over gaps in Washington's export restrictions and China's access to advanced American technology through domestic suppliers. Other Chinese universities and research institutions have also reportedly obtained restricted Nvidia chips or rented computing capacity powered by them.
Battery component makers may get up to 50% capital subsidy
The ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Proposed support includes capital subsidies and sales-linked incentives to promote local production. India aims for sufficient manufacturing capacity to support 50 GWh of annual battery cell production by 2032. Current costs of battery materials are significantly higher compared to those from China.
China's secret reusable spaceship spotted in US intelligence report: What we know about this mysterious plane and its mission
A recently declassified US intelligence report has revealed a satellite image that confirms China's reusable spaceplane is currently orbiting. This significant development has sparked concerns about China's expanding capabilities in space and the potential military implications. The spacecraft is noted for its ability to interact with smaller objects during missions, amplifying worries about the competitive landscape of space exploration, as tensions between nations continue to rise.
US releases rare photo of China's secretive Shenlong space plane: What does it reveal?
China's Shenlong space plane was recently photographed in orbit, showing its design and structure. The Defense Intelligence Agency included the photograph in a report assessing threats in space. This image revealed the spacecraft's delta-shaped wings and open payload bay doors while docked with another satellite. Shenlong's history includes missions in which it has released and interacted with objects in orbit.
China's secretive Shenlong spaceplane: What the US report reveals
A newly released report by the US Defense Intelligence Agency showcases an intriguing image of China's Shenlong spaceplane operating in orbit. Notably, a second spacecraft is docked to Shenlong, prompting speculation about the spaceplane's mission and technological abilities. Concerns have been raised over China's advancing space technologies and counterspace capabilities, with whispers of potential developments in space-based weaponry that could jeopardize international satellite safety.
Anthropic's record IPO faces some big questions
No startup has ever grown so fast. Investors have already grown nervous.
A missed call for China is a loud wake-up call for desi companies
Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking demand. Domestic brands captured 7% of shipments in the September quarter, their highest share in nearly eight years. Government incentives and India's manufacturing expansion offer a boost, but technology, distribution, after-sales service and customer loyalty remain critical to sustained growth.
Is India a “shadow transshipment” hub? The data says otherwise
Between 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relationship, with India’s global exports also up 1.36-fold, is hard to square with a “mere pass-through” story tailored to one market.
India’s business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in Asia
McKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, accounting for $7 trillion of the $14 trillion in market value created by Asia’s top 300 companies over 25 years. He explains the leadership traits that distinguish founders, succession challenges, AI adoption and why Indian businesses must look beyond domestic markets to build global franchises.
Sentiment muted, but India story is unchanged: McKinsey's Kumra
India's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors see potential, sustaining growth requires policy improvements and stronger emerging industry engagement. India's growth forecast for 2026-27 has been increased, indicating positive long-term expectations. The country must address structural disadvantages to enhance its competitiveness on the global stage.
India-Pakistan Moon race: With China's help, Pakistan wants to send humans to Moon five years before India
Pakistani astronaut on Moon: Pakistan has set a target of landing on the Moon by 2035 as it expands its space programme through cooperation with China. Planning Minister Ahsan Iqbal announced that Pakistan’s first astronaut is scheduled to embark on a space mission from China on November 25. The partnership also includes a lunar rover project, while India is pursuing its own human spaceflight and Moon exploration goals.
Global Market: Why China’s CXMT is putting global memory chip giants under pressure
Global semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensifying competition. Samsung, SK Hynix and Micron face potential pricing pressure as Chinese manufacturers seek to narrow the technology gap. The selloff also reflects growing scrutiny of AI valuations and whether heavy investment in AI infrastructure will deliver sustainable returns.
"India stands ready to work with ASEAN as reliable, equal partner": Rajnath Singh
Defence Minister Rajnath Singh on Wednesday called for stronger defence cooperation between India and ASEAN countries, including joint research on maritime security, counter-drone systems, cyber defence and disaster response, stressing that regional challenges require collective action and practical solutions.
Elon Musk says India blocking Starlink, Rahul Gandhi responds: UPSC coach fact checks and explains why India shall not bend to bullying, says US also blocked Chinese BYD
Elon Musk has accused influential business interests of blocking Starlink's entry into India, prompting a response from Rahul Gandhi. UPSC educator Shekhar Dutt has fact checked the allegation. He said that India should prioritise national security and make its own decisions on satellite internet approvals.
Nvidia-backed Reflection unveils first AI model to take on Chinese open models
Nvidia-backed Reflection AI debuted its first open-weight model named Beam on Monday, as the startup aims to compete with lower-cost Chinese models such as DeepSeek and Kimi in coding and agentic tasks.
AI’s newest models compete on price, not just power
Over the past few months, Anthropic, Google, OpenAI, and Grok have rolled out a fresh wave of models, and nearly all of them come with the same pitch — that they are cost-effective. Where earlier launches were sold almost entirely on raw capability, this round puts cost in the centre, with companies promising lower prices per query and more efficient systems that do more for less.
Trump says top tech firms have signed accord to 'self-police' AI development
Trump and House Speaker Mike Johnson met with leading executives from top tech firms that are spending hundreds of billions of dollars to build out AI infrastructure, including data centres in communities across the country, which have sparked grassroots, bipartisan opposition.
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