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India’s foreign exchange reserves slipped by $1.01 billion to $697.93

Scientists have uncovered fossils of a new dog-sized dinosaur species

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Natasha Poonawalla, the only Indian guest at Jeff Bezos and Lauren Sánchez’s lavish Venice wedding, made a bold fashion statement. She wore a fiery red mini dress from AZ Factory’s

India’s foreign exchange reserves slipped by $1.01 billion to $697.93 billion in the week ended June 20, according to the Reserve Bank of India (RBI)’s latest data released on Friday.The

Scientists have uncovered fossils of a new dog-sized dinosaur species that lived alongside some of the largest dinosaurs ever known. This remarkable discovery sheds light on the diversity of prehistoric

State-run Coal India Ltd (CIL) on Friday said it will invest more than Rs 1,067 crore in Talcher Fertilizers Ltd (TFL) by subscribing to equity shares through a rights issue,

State-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition, signing a deal worth up to $52.96 million to acquire a controlling stake in Sri Lanka’s Colombo Dockyard

Reliance Jio and Bharti Airtel together accounted for over 99.8% of all new telecom subscribers in May, helping India’s total telecom subscriber base rise marginally to 120.7 crore, according to

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State-run Coal India Ltd (CIL) on Friday said it will invest more than Rs 1,067 crore in Talcher Fertilizers Ltd (TFL) by subscribing to equity shares through a rights issue,

State-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition, signing a deal worth up to $52.96 million to acquire a controlling stake in Sri Lanka’s Colombo Dockyard

Reliance Jio and Bharti Airtel together accounted for over 99.8% of all new telecom subscribers in May, helping India’s total telecom subscriber base rise marginally to 120.7 crore, according to

India on Friday banned imports of certain jute products and woven fabrics from Bangladesh through all land routes, permitting entry only via the Nhava Sheva seaport in Maharashtra, amid increasingly

Nike shares surged 15% at the opening bell Friday after the company announced a shift in production away from China, even as it warned that tariffs imposed by the Trump

The Employees’ State Insurance Corporation (ESIC) on Friday relaunched the SPREE scheme to bring unregistered employers and left-out workers under the ESI Act, as part of a broader push to

Nvidia shares climb on report Trump will end chip export restrictions

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Nvidia CEO Jensen Huang (R) speaks alongside US President Donald Trump speaks about investing in America, at the White House in Washington, DC, on April 30, 2025.

Jim Watson | AFP | Getty Images

Nvidia shares rose on Wednesday on a report that the Trump administration plans to revise a set of chip trade restrictions called the “AI diffusion” rule.

The rule, which was proposed in the last days of the Biden administration, organizes countries into three different tiers, all of which have different restrictions on whether advanced AI chips like those made by Nvidia, AMD, and Intel can be shipped to the country without a license.

The Trump administration plans to rescind the rule, Bloomberg reported on Wednesday. The chip restrictions were scheduled to take effect on May 15.

Nvidia had no comment on the reported move by the Trump administration.

Chipmakers including Nvidia and AMD have been against the rule.

AMD CEO Lisa Su told CNBC on Wednesday that the U.S. should strike a balance between restricting access to chips for national security and providing access, which will boost the American chip industry.

Nvidia CEO Jensen Huang said earlier this week that being locked out of the Chinese AI market would be a “tremendous loss.”

Read the full Bloomberg story here: Trump to Rescind Global Chip Curbs Amid AI Restrictions Debate

This is breaking news. Please refresh for updates.



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