ELECTRONIC RESOURCES
Nvidia's Asian supply chain prepares for life after Huang
Nvidia faces a turbulent leadership landscape as the board evaluates CEO Jensen Huang's future amidst scandals. Asian suppliers are on alert, considering how the situation might disrupt operations and impact their partnerships, particularly in the booming AI sector. While the potential for investment slowdowns raises concerns, some analysts cautiously predict minimal immediate disruption on production fronts.
Five IndiaAI empanelled companies ineligible for new compute bid
CDAC requires bidders to own, lease or operate a Tier-III, Rated-3 or higher data centre in India. Bidders must also hold the required ISO certifications and operate a network operations and security operations centre in India.
Centre bans export of Li-ion battery waste, scrap to boost domestic recycling and critical mineral recovery
India has imposed an immediate ban on the export of lithium-ion battery black mass to strengthen its local recycling ecosystem. This decision aims to enhance domestic recovery of critical minerals, such as lithium and cobalt, which are vital for technology and energy sectors. The prohibition will ensure that battery waste generated in India is processed locally and improves utilization of recycling capacities.
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.
Rare earth magnet scheme: Coal India, IRP seek no sops; other contenders include ReNew, Prozeal
The scheme will run for seven years from the date of award, including a two-year gestation period for setting up an integrated manufacturing facility, and five years for incentive disbursement on the sale of REPM. These magnets are among the most powerful in the world and are widely used in electric vehicles, wind turbines, high-end electronics, aerospace and defence systems.
Samsung set to become first South Korean company with $147 billion in cash assets
Samsung Electronics' cash assets are estimated to exceed 200 trillion won with strong demand for AI semiconductors. The company's cash increased significantly from the previous quarter, showcasing financial growth. Investments into chipmaking infrastructure are projected to reach over 100 trillion won this year, indicating continued growth in the sector. Samsung's net profit surged due to heightened demand for memory chips and AI-related products.
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Dhanteras 2026 what to buy and what's not: Gold, silver, namak, dhaniya, 6 auspicious items you can buy on Dhantrayodashi and dos and dont't for prosperity and make Lord Kuber happy
Dhanteras 2026 will take place on November 6, kicking off the vibrant Diwali celebrations. As part of this tradition, many individuals invest in gold, silver, and other meaningful items to attract wealth and prosperity into their lives. Homes are often cleaned and prayers offered during this time, while many avoid using sharp tools and iron. Following these customs is thought to invite blessings and good fortune.
AI selloff drags Nikkei lower despite broad-based market gains
Japan's Nikkei 225 fell 0.5% on Thursday as losses in AI and semiconductor stocks offset gains across the broader market. Concerns over a potential slowdown in data centre investments weighed on chipmakers, even as falling crude oil prices lifted the Topix 1.3%, with real estate, retail and pharmaceutical stocks leading gains.
India progressing towards sending its first human deep-sea mission to depth of up to 6,000 metres by 2028: Jitendra Singh
Union Minister Jitendra Singh outlined India's plans for deep-sea exploration and human spaceflight during the Indo-Pacific Regional Dialogue 2026. India intends to conduct its first human deep-sea mission by 2028, reaching depths of up to 6,000 metres. The country focuses on enhancing its capabilities through collaboration among various scientific fields. The initiative reflects India's commitment to exploring and utilizing ocean resources strategically for economic benefits.
After Japan and Korea, now Singapore: UP's big plan to build a foreign-style city near Noida airport; check location, sectors and investment plans
Uttar Pradesh is planning to develop a dedicated 'Singapore City' in Sector 7 near Noida International Airport at Jewar to attract foreign investment and boost regional growth. Following talks between Chief Minister Yogi Adityanath and a Singapore business delegation, the proposed project will focus on logistics, semiconductors, data centres, AI, green energy and modern urban infrastructure.
Sam Altman becomes Ram Altman: OpenAI CEO accepts suggestion, changes display name on X
OpenAI CEO Sam Altman has changed his display name on X to "Ram Altman" after facing online criticism over his remarks about the use of Random Access Memory (RAM) in personal computers. The controversy started after his appearance on the Cheeky Pint podcast, where he questioned whether allocating large amounts of memory to individual desktop and laptop users was an efficient use of limited global supplies.
India wants more factories, fabs and data centres. Where will the water come from?
India's ambition to become a developed nation by 2047 is constrained by growing water resource challenges. Industries across sectors, including thermal power and semiconductor manufacturing, face water scarcity issues that could hinder growth. Many regions are already experiencing severe water stress, impacting economic development plans drastically. Adopting recycling and reuse technologies will be crucial for managing water in industries effectively.
Elon Musk vs Sam Altman: After OpenAI CEO questions people's RAM usage at home, Musk defends ordinary users with a meme
Elon Musk has taken a dig at OpenAI CEO Sam Altman after the latter questioned why people keep large amounts of RAM in their personal computers when the limited memory supply could be used more efficiently by AI data centres. Sharing a meme on X, Musk defended ordinary consumers. The exchange comes amid a global memory shortage that is driving up prices of PCs, smartphones and other electronic devices.
How to vote in the US midterm elections 2026: What to do on the polling day and everything else you need to know
As midterm elections approach in the US on November 3, 2026, voters must prepare for varied state-specific voting laws about polling places and ID requirements. Options for early voting and mail-in ballots are also available, depending on individual state rules. It is vital for voters to confirm registration status and get acquainted with candidates and measures on the ballot. Help is offered for those needing assistance or accessible voting options.
Big tech share buybacks plunge 83% as AI spending hits cash flows
Major US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free cash flow into deficit. The shift raises concerns about shareholder returns and places greater pressure on Big Tech to deliver profit growth from its AI investments.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
ET Product of the Year Awards 2026: Categories recognising products driving market impact
The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.
Consent managers search for viable revenue model as registration nears
Consent managers are intended to help individuals manage, review and withdraw consent for the processing of their personal data, and they're required to be registered with the Data Protection Board of India (DPBI). A consent manager is data-blind, and processes metadata, consent artifacts, and cryptographic routing instructions.
AI is driving up memory prices. So why is Sam Altman questioning your PC's RAM?
OpenAI CEO Sam Altman has questioned the need for large amounts of RAM in personal computers, arguing that much of the memory remains unused and could be utilised more efficiently through centralised cloud infrastructure. However, his remarks come at a time when the AI industry's growing demand for computing power is contributing to rising memory prices, making smartphones, PCs and other consumer devices more expensive.
A janitor with a thick Indian accent was told he’d never be employed anywhere in USA. He later dropped out of Stanford, joined Goldman Sachs, built 3 billion-dollar ventures
Setbacks are inevitable. The best thing you can do for yourself is not giving up. Taking to Instagram, Acquisition.com CEO and managing partner Sharran Srivatsaa shared his incredible journey from being a janitor to making it as a tennis coach and later as an entrepreneur through a viral video.
Jaishankar's Atlanta diplomacy: Quad meeting and several bilaterals on G20 sidelines
External Affairs Minister S Jaishankar has a busy schedule during the G20 Foreign Ministers' Meeting in Atlanta. He is expected to engage in discussions with multiple foreign ministers on trade, defense, and energy. Meetings with Canada and Brazil are crucial for redefining relationships and securing resources. Jaishankar will also address India's partnerships with European and East Asian nations.
IIT Guwahati, Tata Electronics join hands to build semiconductor talent pipeline
IIT Guwahati has signed an MoU with Tata Electronics to establish a Centre of Excellence for semiconductor education. This collaboration aims to develop educational programmes that align with industry needs and create skilled professionals. Additionally, the partnership will provide hands-on training opportunities for students at Tata Electronics. It includes developing relevant course content and training faculty from various institutions.
Assam Chief Himanta Sarma inspects new projects, inaugurates AAC block unit in Tinsukia
Assam Chief Minister Himanta Biswa Sarma recently visited Tinsukia to evaluate ongoing projects and inaugurate a manufacturing unit. He inspected the Tinsukia Medical College and Hospital's facilities as well as the construction of a town hall. During his visit, Sarma also engaged with athletes practicing at Sarbananda Singha Stadium and toured the proposed interstate bus terminus site.
Days before US unveiled 90-day military readiness plan, mysterious freezer malfunctions hit bases. What we know
Investigators are investigating recent freezer failures at US military commissaries that may have resulted from cyberattacks, raising concerns about food safety. In France, similar issues involved the deliberate alteration of refrigeration temperatures, leading to food spoilage. The US military is consulting with French authorities about these strange events as they might be connected.
Government should support both job-creating and frontier industries: EAC-PM chairman Dev
S Mahendra Dev highlighted the importance of supporting job-creating and frontier industries for future economic growth. He mentioned that sectors like textiles and technology can significantly enhance India's industrial landscape. The need for improved competitiveness and product quality in various firms was also emphasised. Furthermore, land availability and global supply chain shifts present unique opportunities for India. Overall, addressing these challenges is crucial for the country's industrial transformation ahead.
India’s Arrakis problem: The price of what low-skilled workers know
Indian workers contribute valuable data for training AI systems, which is transforming how tasks are automated. As technology advances, low-cost labour is becoming a significant resource for AI development globally. Companies are increasingly relying on Indian workers for video data that demonstrates various physical tasks. This trend poses challenges regarding data ownership and the economic benefits for India.
Pentagon's 'doomsday' plan as World War III fears grow: How US bases are planning to survive for 90 days as UK urges people to 'Be Ready' for crisis
Amid fears of a potential World War III, the Pentagon' Doomsday plan is to keep major US military bases operational for 90 days without outside support under its FORTRESS initiative. The plan includes independent power supplies, strategic reserves of essential materials and preparations for wartime factory production. Meanwhile, the UK government has launched its 'Be Ready' campaign, urging households to stockpile food, water, cash and emergency supplies in preparation for a national crisis.
India Inc wants AI talent to transform manufacturing space
Manufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such as Honeywell Technologies and RPG Group are actively searching for AI and digital leaders. These leaders are expected to bridge the gap between technological advancement and manufacturing processes. Companies are also searching for talent in overseas markets, particularly among Indian-origin executives.
Shaktikanta Das urges BFSI sector to lead infrastructure, high-tech manufacturing funding
Shaktikanta Das highlighted the essential role of the BFSI sector in financing infrastructure and new manufacturing. He emphasized the need for funding micro, small and medium enterprises as well as agriculture. Das proposed utilizing digital financial channels for efficient credit underwriting and financial inclusion. The segment must adapt to support next-gen Digital Public Infrastructure and sustainable finance.
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