IIT Madras Team Takes India's Solar Car Dream To South Africa
For Team Agnirath, the race is about much more than winning a trophy.
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ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
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For Team Agnirath, the race is about much more than winning a trophy.
K Annamalai quits BJP citing differences on Tamil Nadu politics, vows public service, sparking speculation he may form a new party.
The tanker was allegedly transporting smuggled gasoline at the time of the explosion.
The draft rules underline that AI systems used in court processes must โfunction solely in an assistive capacityโ and remain โstrictly subservient to human judgment and judicial authorityโ
As geopolitical headwinds make it tougher for equity investors to make money, Dalal Streetโs top voice Nilesh Shah, managing director of Kotak Mahindra Asset Management, told a gathering of HNI investors at the ET Alpha Wealth Summit on Thursday that there are four specific investment structures which deserve a place in most portfolios right now.Shahโs first recommendation was the Special Investment Fund, or SIF, a structure that marks a meaningful shift in what is available to Indian investors. Shah noted that the mutual fund industry has, until now, been a long-only business but the SIF changes that. These are long-short, absolute return-oriented funds, designed to generate returns regardless of market direction rather than simply riding the equity tide.The second vehicle Shah flagged is performing credit AIFs. His reasoning was grounded in a simple supply-demand observation that for corporate settlements today, capital is not available from banks, mutual funds, or insurance companies.As institutional lenders have stepped back, borrowers are plenty and lenders very few. Amid this imbalance, Shah said the need is real and returns are attractive. Performing credit AIFs, which lend into this gap, are positioned to benefit directly from the scarcity of competing capital.https://youtube.com/shorts/Xa4AcXFg8hA?feature=shareThe third idea was REITs, and here Shah introduced a timing element. Over the last three years, REITs have delivered index-level returns of around 13.5%. But with interest rates rising, he suggested that the next six to nine months may present an opportunity to enter at better prices. Rising rates typically compress REIT valuations in the near term, and Shah framed any such correction as a potential entry point rather than a risk to avoid. Beyond the return potential, he positioned REITs as a portfolio diversification tool as the asset class behaves differently from equities and fixed income, and that is still underrepresented in most Indian investor portfolios.The fourth recommendation addressed global diversification but came with an important caveat. Mutual fund industry limits for overseas investment are currently full, which means the conventional route for Indian investors to access global markets through domestic mutual funds is closed. Shah pointed to Gift City as the workaround. Structures domiciled there allow investment under the Liberalised Remittance Scheme, and in his view, these Gift City-based LRS products are the practical path for investors who want global exposure while the mutual fund window remains shut.Across all four โ the SIF, performing credit AIFs, REITs, and Gift City products โ Shah's underlying argument was the same: in a volatile period, the portfolio needs instruments that can generate positive returns through means other than a rising equity market.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Goldman Sachs CEO David Solomon believes markets are in a "greed" mode, with ample liquidity to support a significant fundraising wave from major AI companies like OpenAI, Anthropic, and SpaceX. He suggests investors are optimistic and that this exuberance could continue, with markets potentially being early in the cycle for AI-driven growth.
Mumbai: With a market capitalisation of over $5 trillion, South Korea has become the sixth largest equity market in the world, replacing India which has a market cap of $4.8 trillion, according to the data from Bloomberg.Earlier, in the last week of May, Taiwan had jumped ahead of India after crossing $5 trillion in market cap.131473576The two Asian markets are in a bull phase, helped by record financial performance from semiconductor manufacturers amid booming demand from the artificial intelligence (AI) ecosystem. South Korean equities have gained 88% in 2026 so far while Taiwan has expanded market cap by 58%. India's market cap, on the other hand, has fallen by over 8% since the beginning of the current calendar year, impacted by heavy selling from foreign portfolio investors (FPIs) amid geopolitical uncertainties in West Asia. They have sold equities worth $24 billion (โน2.2 lakh crore) in the first five months of 2026 compared with $18.9 billion (โน1.7 lakh crore) in the whole of 2025.Samsung Electronics and SK Hynix, South Korea's two largest companies by market cap, have led the current rally in local equity markets with a year-to-date gain of 182% and 231% on bourses. The Asian semiconductor companies are benefitting from the rising AI capital expenditure since memory chips are a part of the building blocks of the technology.
Shares of Anant Raj surged as much as 4.6% to Rs 563.25 in Tuesday's trade after the company announced a landmark partnership with the Government of Haryana to accelerate the state's digital infrastructure buildout.The real estate and infrastructure developer has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), marking a significant step in its ambitions to expand its data centre and cloud services business.The agreement was formalized on June 1, 2026, during the launch of the "Make in Haryana Policy & Other Sectoral Policies" event, presided over by Haryana Chief Minister Nayab Singh Saini.Rs 25,000 crore investment planUnder the MoU, Anant Raj intends to invest around Rs 25,000 crore in building data centres and cloud infrastructure across Haryana. The move highlights the company's increasing emphasis on digital infrastructure as demand continues to grow for artificial intelligence (AI), cloud computing, and data storage solutions.The partnership framework involves several key government departments and agencies, including:Haryana Enterprises Promotion Centre (HEPC)Department of Information Technology, Electronics & CommunicationHaryana State Electronics Development CorporationCitizen Resources Information DepartmentDepartment of Industries & CommerceThe agreement is designed to support Anant Raj's expansion of its Digital Infrastructure Business, encompassing both data centre operations and cloud services. The Haryana government, through HEPC, has committed to providing facilitation support and ease-of-doing-business assistance to help fast-track the project.The company said the arrangement aims to foster long-term cooperation between the state government and Anant Raj, positioning Haryana as a major hub for next-generation digital infrastructure investments.Anant Raj clarified that the MoU does not involve any shareholding arrangement, special rights, equity issuance, or related-party transaction. The agreement is focused solely on enabling investment and operational expansion in the state.Share price performance and technical indicatorsOver the past three years, the stock has delivered strong returns, rallying nearly 254%. The company currently commands a market capitalization of approximately Rs 19,406 crore.From a technical perspective, the 14-day Relative Strength Index (RSI) stands at 61. An RSI reading below 30 typically indicates oversold conditions, while a reading above 70 suggests the stock may be overbought.The stock also exhibits strong bullish momentum, trading above all eight of its key Simple Moving Averages (SMAs), signaling a positive technical trend.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Wall Street stocks posted modest gains on โMonday as investors watched developments in U.S.-Iran peace negotiations and cheered the unveiling of a new computer chip that promises to bring artificial intelligence to personal computing.Tech shares boosted the Nasdaq and the S&P 500 to their latest in a series of record closing highs.U.S. President Donald โTrump said talks โ with Iran โ continue. Earlier, Iran's news agency announced Tehran is halting indirect negotiations with Washington after a new round of strikes threatened to derail diplomatic efforts to โend the war, now in its fourth month.The intensification of hostilities sent crude prices jumping, along with worries over the extent to which โa protracted war could result in heightened, intransitory inflation."We don't really know where things stand," said Thomas Martin, senior portfolio manager at GLOBALT in Atlanta. "The market seems to think that something's going to get done at some point, but we don't have โvery good information to go on, like what the Iranians really want and โ what Trump โis willing to settle for."Stocks added to their gains after Trump said no Israeli troops would โgo into Beirut, โciting a call with Israeli Prime Minister Benjamin Netanyahu.Nvidia jumped after the company unveiled a โ new chip that puts AI capabilities directly into personal computers.The chip is the โresult of a three-year partnership with Microsoft to "reinvent the PC" for the AI era, โNvidia CEO Jensen Huang said. Microsoft shares rose.The reaction among semiconductor stocks was mixed. Qualcomm tumbled and while Intel also fell. Micron shares rose sharply, breaching the $1,000 mark for the first time.The Philadelphia SE Semiconductor Index advanced.In economic news, U.S. factory activity expanded in May for the fifth consecutive month as goods-makers navigate tariff and geopolitical crosswinds.Investors will turn to Friday's jobs report ahead of Kevin Warsh's debut policy meeting as chairman of the U.S. Federal Reserve this month, amid fears โof rising inflation linked to the Iran war that could upend the stock market rally.According to preliminary data, the S&P 500 gained 20.19 points, or 0.27%, to end at 7,600.03 points, while the โNasdaq Composite gained โ114.75 points, or 0.43%, to 27,087.37. โ The Dow Jones Industrial Average rose 44.70 points, or 0.09%, to 51,076.85.Software stocks rebounded from heavy selling earlier this year on AI disruption fears. ServiceNow and IBM rose sharply. The software services index advanced."On the software side, companies that hadn't โbeen doing very well, but now are doing well today," Martin added. "Some of that has been attributed to Nvidia comments that software is part of the solution, so the market's coming back to" software stocks.Cadence Design Systems jumped after launching an Nvidia-powered AI agent for chip design.Broadcom's earnings, due on Wednesday, will be closely parsed in the wake of solid results from Dell last week, which signaled strong AI server demand.
The police discovered a video posted by the deceased on social media, stating he was upset over the recent developments in the AIADMK, and had thus decided to take the extreme step of ending his life
From NEET disputes and CBSE issues to fighting pollution, improving irrigation and aiding farmers, IITs are increasingly becoming India's go-to problem-solvers beyond academia.
AMD CEO Lisa Su advised graduates entering the AI-driven job market to prioritize purpose, judgment, and problem-solving over simply learning AI tools. She emphasized that employers need individuals who can determine AI's application, not just operate the technology. Su highlighted that human judgment remains crucial for deciding which problems are worth solving and taking responsibility for outcomes.
OpenAI researchers gave the problem to an advanced AI model.
Google's CEO Sundar Pichai highlighted the escalating costs of AI, with companies depleting annual budgets by May due to heavy token usage. To combat this, Google unveiled Gemini 3.5 Flash, a cost-effective model promising significant savings. This new AI aims to boost efficiency in coding and agentic tasks, potentially saving enterprises over a billion dollars annually.
Cisco's chief customer experience officer, Liz Centoni, described AI adoption as "surgery without the drugs," highlighting its difficulty. Cisco learned that simply adding AI to existing workflows didn't solve core issues, leading them to implement intelligent routing for support cases, achieving an 88% first-time correct engineer assignment rate.
Dell's shares surged 33% on Friday as the PC maker's blockbuster results showed that โits growing focus on AI servers was โhelping it capitalize on the data center boom, making the company one of โthe biggest beneficiaries of the new technology.The company, whose AI servers are crucial components in the global AI infrastructure build-out, is set to add $68 billion to its market value of about $206 billion, if gains hold.A household name in the โPC market, Dell โ has in โ recent years scaled up its AI hardware business. Dell's AI server revenue of $16.1 billion surpassed its PC unit's $14.6 billion in โsales in the quarter.The company's infrastructure solutions segment, home to both traditional and AI-optimized servers as well as other storage, software โand networking solutions, has consistently eclipsed PC business revenue in the past four quarters."We've been following Dell a long time and never seen anything like this. Not only do they get an "A" for โexecution, but you can make an argument that Dell is even โ the best โway to play AI out there," Melius Research analysts said.Dell's outlook for "AI and โtraditional servers are โstill very conservative," as the firm has stronger prospects for selling CPU racks to โ AI cloud providers like CoreWeave and Nscale, the brokerage said.The blowout โquarter lifted shares of server makers Super Micro Computer and Hewlett Packard โEnterprise 16% and 12%, respectively, while Dell's PC rival HP also rose 8%.Hewlett Packard Enterprise, which reports results on Monday, has also been prioritizing higher-margin product orders. But it has a smaller server business compared with Dell.Dell Chief Operating Officer Jeff Clarke acknowledged the ongoing "supply constrained" environment, particularly concerning memory chips, but said that its customers were actively securing supply for extended periods.The company has banked on balanced price โhikes as well as its scale and strong supplier relationships to wade through the memory crisis. Strong returns from its AI server business are also helping cushion the blow โto margins โfrom the soaring memory prices.HP, which โ focuses mostly on PCs and printers, reported 13.2% growth in its personal systemsdivision, while sales in Dell's PC business unit grew 17%, driven by a Windows 11 refresh cycle and growing focus on AI โPCs.At least 13 brokerages raised their price targets on Dell stock following the results, giving it a median price target of $255, according to data compiled by LSEG. That is up from $170 before the report.Dell is on track to record its biggest one-day percentage gain if gains hold. It has a 12-month forward price-to-earnings ratio of 20.21, compared with HP's 8.39 and HPE's 14.70.
Shares of Netweb Technologies surged over 15% on Friday to hit their fresh 52-week high of Rs 4,680 on the NSE amid high volumes. The stock extended its gaining streak for the third session in a row, rising 21% in this period.The rally comes on the back of a ratings upgrade by CRISIL Ratings Limited. The company's Long-term rating has been upgraded to 'Crisil A+ / Stable'; while short-term rating reaffirmed to Crisil A1. Netweb offers computing solutions with fully integrated design and manufacturing capabilities. Its HCS offering comprises HPC, Private cloud and (HCI), AI systems and enterprise workstations, High performance storage (HPS) and Data Centre ServersCrisil Ratings believes NTIL will continue to benefit from the extensive experience of its promoters and established relationships with clients.The rating agency has also listed a slew of factors that will likely aid its growth. Among them are sustained revenue growth to over Rs 4,000 crore, with diversification across the end users earning steady operating margin at 13-14%, leading to higher-than-expected net cash accruals. Efficient working capital management leading to moderate dependence on debt and sustenance of healthy financial risk profile and liquidity will be another trigger according to CRISIL.It has also highlighted caveats that include the likelihood of decline in revenue below Rs 2,000 crores or fall in operating margin to below 11%, could lead to lower-than-expected net cash accrual. Meanwhile large, debt-funded capex or substantial increase in the working capital requirement, thus weakening the financial risk profile and liquidity.CRISIL shares have been market laggards, falling over 8% in 2026 while extending its decline to 24% over the past 12 months.Netweb Technologies reported Q4FY26 revenue from operations at Rs 774 crore, growing 87% year-on-year. Its operating EBITDA for Q4FY26 stood at Rs 97 crore while the adjusted operating EBITDA for Q4FY26 was Rs 102 crore, up 72% YoY, with a margin of 13.2%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)