Gandhinagar, March 6 (IANS) The Gujarat Semiconnect Conference, held at Mahatma Mandir, in Gandhinagar saw the signing of eight major Memorandums of Understanding (MoUs) in the presence of Chief Minister Bhupendra Patel. These agreements, collectively worth more than Rs 1.04 lakh crore, aim to bolster semiconductor and electronics manufacturing in Gujarat, generating thousands of jobs. …
New Delhi, March 6 (IANS) Domestic company CDIL Semiconductors and Infineon Technologies Asia Pacific, a global semiconductor leader in power systems and IoT, on Thursday signed a memorandum of understanding to explore strategic collaboration opportunities in India’s fast-growing chip market. With the government prioritising semiconductor self-reliance, this collaboration supports India’s goal of strengthening local production …
New York/Washington, Mar 5 (PTI) US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. Trump made these remarks in an address to the Joint Session of the Congress on Tuesday. …
Gandhinagar, Mar 5 (PTI) US electronics manufacturing company Jabil has plans to set up a silicon photonics manufacturing factory in Gujarat, a senior official of the company said on Wednesday. While speaking at IESA Vision Summit, Jabil, Executive Vice President, global business unit, Matt Crowley said that the company has decades of experience in silicon …
The escalating trade war under US President Donald Trump has introduced a wave of economic uncertainty across global markets. However, a recent report suggests that this turmoil may open doors for India by improving its market access in the US. With the US imposing steep tariffs on agricultural imports, India, which is currently negotiating a …
On March 5, 2025, the BSE Sensex ended in the green, closing at 73,730.23, up by 1.01%, and the NSE Nifty50 closed at 22,337.30, up by 1.15%. Sectoral Performance On Wednesday, none of the Nifty sectors ended in the red. Nifty Midsmall IT & Telecom, Nifty Metal, and Nifty Media ended in green. Nifty Midsmall IT & …
China has announced an economic growth target of approximately 5% for 2025, a figure consistent with its objectives over the past two years. However, meeting this goal may prove more challenging due to increasing global uncertainties, particularly higher tariffs imposed by the United States. The target, revealed during the opening session of China’s annual legislative …
In his first address to Congress after commencing his second term, United States President Donald Trump reiterated his strong stance on tariffs. He criticised what he described as “unfair” trade practices by several countries, particularly highlighting India and China for imposing high duties on American goods. Trump underscored that the U.S. has long been subjected …
The Bombay High Court has temporarily halted the registration of a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and 5 others. This stay, which will remain in effect for at least 4 weeks, follows concerns over procedural lapses in the special court’s decision. Special Court’s …
The International Monetary Fund (IMF) has expressed concerns about financial stability risks in India arising from the substantial exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sectors. In its latest report, the IMF warns that vulnerabilities in these sectors could trigger systemic financial distress due to the interconnected nature of NBFCs, banks, …
