US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
HS Prannoy made an early exit from the Korea Open Super 500 tournament
India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.
India's crude oil imports from Russia fell for a second straight month in January to its lowest in 12 months but the nation's insatiable appetite for Russian crude remains for the long term, according to data from energy cargo tracker and industry officials. Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in December and 1.62 million barrels in November 2023, according to data from energy cargo tracker Vortexa. Russia however continues to remain India's top oil supplier, accounting for a little less than a quarter of 4.91 million barrels a day of oil that the world's third largest energy consumer imported in January.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
Indian clinches mixed team air pistol gold at World Championship
India's shooters opened their account at the Asian Games, bagging the women's team silver in the 10m air rifle event in Hangzhou on Sunday.
Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting Countries (OPEC) nations, mainly in the Middle East and Africa, had a 72 per cent share of all crude oil India imported in April 2022. This share slid to 46 per cent in April 2023, according to energy cargo tracker Vortexa.
Kiran George wins Indonesia Masters to grab second super 100 title
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier. But the purchases appear to have plateaued as growth has slowed. Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India imported, according to energy cargo tracker Vortexa.
B Sumeeth Reddy and Ashwini Ponnappa, however, suffered a 21-23, 21-13, 12-21 loss against Korean pair of Song hyun Cho and Lee Jung Hyun in their mixed doubles opening round.
He will next face sixth seed Li Shi Feng of China in the last-eight round.
China, who have yet to lose a single badminton match to another nation at the Tokyo Olympics, won gold and silver in mixed doubles on Friday after Wang Yilyu and Huang Dongping beat favourites Zheng Siwei and Huang Yaqiong 21-17, 17-21, 21-19.
Denmark's Viktor Axelsen and Japan's Akane Yamaguchi's dominance continued as they stayed on course for a second successive title.
Indian women's compound team rallied to down their Chinese Taipei rivals by one-point in a tense final to secure a second gold medal in archery
Syrian businessman Yahya Kirdi said on Wednesday he is in the final stages of negotiations to buy Liverpool as reports mounted of a wave of bids to buy the Premier League club.
Lakshya Sen stormed into the quarterfinals of the Indonesia Masters 2022
Indian imports of Russian oil plunged by a record in August month-on-month (M-o-M) as discounts on the fuel shrank in tandem with rising Brent oil prices. Higher crude prices will drive inflation or hurt earnings at oil companies and India's fiscal position if such spikes are not passed on to consumers. Indian purchases of Russian crude declined by around 24 per cent in August from July to the lowest level since January, with refiners expecting volumes to drop further amid rising rates of Russian benchmark Urals grade, substantial stocks at refiners, and planned maintenance at Indian refineries, according to ship tracking data and industry officials.
In the mixed doubles, the Indian duo of Ishaan Bhatnagar and Tanisha Crasto lost 13-21, 12-21 to the Chinese pair of Feng Yan Zhe and Huang Dong Ping in the first round.
Following is India's schedule at the Asian Games in Hangzhou on Saturday, September 30.
On day two of the ISSF World Cup in Baku, Divya TS and Sarabjot Singh bagged gold.
Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.
Huang is one of a small but growing number of women in China to embrace professional boxing
Thapa will now take on the winner of the bout between Haidara Alasaly and Minsu Choi in the quarter-finals.
India's import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed. India took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa. Russia now makes up for nearly 42 per cent of all crude oil India imported in May.
In the ongoing ISSF Pistol/Rifle World Cup in Bhopal, India bagged a silver and bronze in the mixed team events on Thursday.
Mountain brigades being raised by India are mostly meant for the Chinese border, especially the Tibetan plateau, and it is perhaps the first time a Chinese military expert publicly complimented their strength and strategic importance.
World No. 1 Yamaguchi, however, had to toil hard to get across three-time world champion and Rio gold medallist Carolina Marin of Spain 21-17, 14-21, 21-19 in the day's first match at the IG stadium in New Delhi.
South Korea ended their 12-year wait for an Uber Cup title with a 3-2 upset of defending champions China that was only decided in the last singles match of the final in Bangkok, Thailand on Saturday.
Nancy was even better, recording a lowest of 10.2 in her final.
Nikhat Zareen punched her way to a second successive gold title at the Women's World Boxing Championship in New Delhi.
The Chinese Super League (CSL) looks set to start its new season at the end of June or in early July and will not have to shorten the campaign, Guangzhou R&F CEO Huang Shenghua said. The CSL was originally scheduled to kick off on February 22 but was pushed back due to the coronavirus pandemic, which has infected more than 2.33 million and killed about 160,000 people globally.
Star Indian shuttler H S Prannoy produced a gallant fight before going down narrowly to China's Huang Yuxiang in the men singles quarter-finals of the All England Championship in Birmingham.
Russia dominated Saudi Arabia in oil supplies as the world's fastest-growing major economy for fossil fuels in October, relegating the Kingdom to third place. Iraq was India's top oil supplier, according to the data from Vortexa. Saudi Arabia's decline in India's oil market has coincided with Russia's rise, and ironically occurred amid growing diplomatic ties between Riyadh and New Delhi. Saudi Crown Prince Mohammed bin Salman Al Saud is visiting India this month to meet Prime Minister Narendra Modi.
Kidambi Srikanth scored a stunning straight-games victory over world No. 4 Lee Zii Jia but Commonwealth Games champion Lakshya Sen suffered a shock defeat in the opening round of the Japan Open Super 750 badminton tournament, in Osaka, on Wednesday.
Chinese nationals teaching Mandarin in different parts of Pakistan have left for home after being called back by Beijing following the recent deadly attacks targeting them, an official of the Karachi University said on Monday.
Against the unseeded Tunjung, Sindhu started on a bright note and played aggressively to surge to a 10-5 lead. She used her experience and reach to engage her opponents in long rallies initially.
Speed skating - Swings wins mass start, brings first Belgian Winter gold in 74 years.
Sindhu progressed to the quarterfinals with an easy straight-game win over Japan's Aya Ohori
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