SPACE DEFENCE
Andhra Pradesh inks 9 MoUs for Rs 4,100 crore space-defence push
At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed nine MoUs covering rocket engines and test beds, satellites, missiles, explosives, aerospace manufacturing, flight training and heliports. Eight of them propose investments totalling Rs 4,100 crore and 6,865 direct jobs on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year strategic partnership with Pawan Hans to develop and operate heliports across the State.
Elon Musk says Nvidia will lose "critical" deals without Jensen Huang
Elon Musk has voiced his support for Jensen Huang after his recent resignation from Nvidia due to personal controversies. Musk praised Huang's pivotal role in optimizing Nvidia's supply chain and securing lucrative contracts. In the wake of these events, a petition advocating for Huang's reinstatement has gained momentum, calling for an independent inquiry.
Musk backs petition calling for Jensen Huang’s return, says he will sign it
Nvidia's leadership landscape shifted dramatically with CEO Jensen Huang's resignation, following controversies that involve alleged extramarital affairs and ties to a Chinese espionage figure. Now helmed by interim CFO Colette Kress, many within the company are rallying for Huang's reinstatement, as a petition gaining momentum highlights backing from influential personalities like Elon Musk and Donald Trump, provoking widespread discussion about the future direction of Nvidia's leadership.
Urgent climate finance pleas at COP31 face a non-urgent response
Poor nations are calling for urgent financial support to address climate-related disasters, yet responses are sluggish. Despite past agreements, funding to vulnerable countries has not met the required targets, causing severe delays. Geopolitical issues and rising military expenditures further divert attention and resources away from climate financing.
Nvidia employees rally behind Jensen Huang; Trump says only Tim Cook can replace him
In a surprising turn of events, Nvidia employees are mobilizing their support for Jensen Huang, who recently resigned amid controversy. Many fear that the company may falter without his visionary leadership, which has spanned over three decades. Internal messages highlight a strong desire among staff for the board to reconsider their decision and reinstate him, receiving backing from prominent figures in tech and investments.
Rajnath Singh calls for stronger defensive capabilities to maintain 'element of surprise' in future warfare; launches UDAAN-developed AI applications
Defence Minister Rajnath Singh called on the armed forces to strengthen offensive and defensive capabilities in modern warfare. He highlighted the need for improved integration and intelligence mechanisms to counter unexpected threats. The Defence Minister urged the Indian Air Force to develop doctrines for evolving warfare domains, including cyber and space. He launched in-house developed Artificial Intelligence applications to enhance operational capabilities across various domains.
Elon Musk hints at willingness to hire Jensen Huang if Nvidia fires him over affairs
Nvidia CEO Jensen Huang is under scrutiny for his extramarital affairs and possible ties to Chinese intelligence. Investigations have prompted Nvidia’s board to meet regarding his future within the company. Congress has also requested Huang to provide details about his interactions with Alice Huang. Support for Huang has emerged from prominent figures, including SpaceX CEO Elon Musk.
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.
AI innovation in sports: Technology driving the next phase of sports development
Artificial intelligence is creating new opportunities across the sports ecosystem, from performance analysis and sports administration to technology development and wider participation. The ET AI Awards 2027 recognises organisations, technology providers and initiatives advancing the application of AI in sports through its AI Innovation in Sports category.
Australia to adopt 'mandatory' AI safeguards
Artificial intelligence companies will have to abide by new "mandatory" safeguards when operating in Australia, Prime Minister Anthony Albanese said Tuesday. With immense renewable energy potential and vast stretches of uninhabited land, Australia has billed itself as a prime location for the data centres needed to power artificial intelligence.
Paras Semiconductors, BroadPak join hands to build advanced semiconductor packaging capabilities
The collaboration will combine Paras Semiconductors' manufacturing ambitions in opto-electronics, photonics and co-packaged optics with BroadPak's technology expertise in advanced semiconductor packaging, heterogeneous integration and chiplet-based system architectures, it said.
Waste to wealth: Centre earns over Rs 970 crore from disposal of scrap
Inspired by the vision and direction of Prime Minister Narendra Modi, and under the guidance of Union Minister of State for Personnel Jitendra Singh, the Special Campaign 6 for institutionalising swachhata and minimising pendency in government offices has recorded its highest-ever achievements across key parameters since the commencement of the annual special campaign in 2021, an official statement said.
Premji Invest pumps $35 million into Hical Technologies to expand aerospace, defence manufacturing
Premji Invest has invested $35 million in Bengaluru-based Hical Technologies, marking the aerospace and defence components maker’s first institutional funding in nearly four decades. The company, valued at $300 million-$400 million according to industry sources, will use the capital to expand manufacturing capacity, engineering capabilities and R&D across South India.
Largecaps could finally have their day in Samvat 2083, says TCG AMC’s Shahzad Madon
Largecaps, which have lagged mid- and smallcaps for much of 2026, could finally regain market leadership in Samvat 2083 as investors turn to businesses with stronger balance sheets, credible management and sustainable earnings growth, according to TCG AMC’s Shahzad Madon.
Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectors
Jai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel for railways, defense and aerospace applications, along with renewable energy initiatives. The expansion is expected to create over 20,000 employment opportunities in the region. Additionally, the company aims to enhance its production capabilities in precision engineering and specialized copper products.
Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?
Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 points, or 2.40% by 10:44 am ET. The S&P 500 rose 1.52% and the Nasdaq gained 1.82%. But Tesla, SpaceX and data centre stocks fell, as investors worry tighter rules may slow the AI boom.
Where are the remote Aleutian Islands? What makes this region so important, and why has the US Air Force sent F-16 fighter jets there?
The exercise tested the US military's ability to deploy fighter aircraft to remote locations and maintain readiness far from its main bases. The mission involved two F-16s, F-35 Lightning IIs assigned to Eielson Air Force Base, an E-3 Sentry from Joint Base Elmendorf-Richardson, Canadian fighter jets. Aerial refueling aircraft also supported the operations.
Pixxel's Indian ownership comes under scrutiny
Pixxel founder and chief executive Awais Ahmed in a blog post on X said the company remains “headquartered, owned, managed and controlled in India,” on Monday. Indian investors, including the founders, collectively hold the largest shareholding in the company, followed by investors from Singapore, the UK and the US, he added.
Europe space chief heads to Gulf as bloc looks beyond US
The head of the European Space Agency will visit the United Arab Emirates to discuss collaboration. This meeting aims to reduce Europe's dependence on the United States for space exploration. The ESA hopes to establish a framework agreement with the UAE to strengthen its exploration initiatives. Additionally, discussions may include potential investments and participation in upcoming programs. European governments must first ensure adequate funding before pursuing international cooperation.
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