Indian plants -- who plan to begin production with 28 nano metre chips -- will take two to four years to get off the ground. By that time, in the fast changing world of chip making, the global market would have shifted to 22 nm.
The rupee depreciated 31 paise to an all-time low of 80.15 against the US dollar in early trade on Monday tracking the strength of the American currency and firm crude oil prices. At the interbank foreign exchange, the rupee opened at 80.10 against the dollar, then lost ground to quote at 80.15, registering a fall of 31 paise from the last close. On Friday, the rupee closed at 79.84 against the dollar.
For the first time, the rupee declined to the low level of 80 against the US dollar in intra-day spot trading on Monday before ending the session 16 paise lower at 79.98 amid a surge in crude oil prices and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 79.76 against the greenback but lost ground to touch the psychological low mark of 80 against the American currency. The local unit clawed back some lost ground and closed at 79.98, registering a fall of 16 paise over its previous close.
After their emphatic victory against LSG, Mumbai Indians would be fancying their chances against defending champions Gujarat Titans in Friday's Qualifier 2 match.
A recent survey discovered that Bengaluru has some of the classiest high streets in our country.
Captain Rohit Sharma's form with the bat and bowling in the death overs will be a huge concern for hosts Mumbai Indians when they take on Royal Challengers Bangalore on Tuesday.
Don't be surprised if growth in the second half of the financial year drops below 4%, which is where it was in the year before the pandemic, warns T N Ninan.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
Mukesh Agnihotri, the leader of opposition in the outgoing assembly, was administered the oath as the deputy chief minister.
Equity indices chalked up losses for the second straight session on Monday, in tandem with a bearish trend overseas as ratcheting up of hostilities in Ukraine and prospects of further rate hikes by the US Fed soured global risk sentiment. The rupee slipping to another all-time low against the US dollar amid foreign fund outflows added to the gloom, traders said. After tumbling over 800 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 200.18 points or 0.34 per cent lower at 57,991.11.
Former champions Mumbai Indians will have their task cut out when they host Gujarat Titans, who remain unbeaten on the road.
Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.
'As long as Amul was coming in with products it was not a problem because it was something value added and with a shelf life.' 'When it gets into the local market by procuring locally, it cuts into the market-share of local cooperatives.'
Rediscovering himself in the twilight of his career, a rejuvenated Mahendra Singh Dhoni would look to continue his regained form and guide India to a series-clinching win when the hosts take on New Zealand in the fourth One-Day International, in Ranchi, on Wednesday.
Prince Victor Albert Jay Duleep Singh's mansion is located in one of south-west Kensington's most sought after residential addresses.
Bookmark this recipe to add to your Christmas menu. When you bite into the chops Jenny D'Souza promises you will experience 'heaven on earth'.
Divya Rolla lists asanas to begin your yoga journey.
22 of the people trapped in mid-air in a row of ropeway cable cars for around 24 hours following the accident were rescued on Monday while one person has died, officials said.
One fan has got a mural painted on the wall of his home in Dalgaty Lane as a mark of tribute. And little wonder, it is slowly turning into a tourist destination.
According to reports, by last year, the company has helped its customers save 15 per cent on costs -- around 5-6 per cent on fuel and 15 per cent on fleet utilisation through digital measures.
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
Poonam and Deepak kept the body parts of Anjan Das in a fridge and would dispose them of at different places in east Delhi.
Prime Minister Narendra Modi on Monday urged people to pledge not to do anything that lowers the dignity of women, saying a mentality to insult them in speech and conduct has crept in.
Mitchell Starc and Adam Zampa collected three wickets apiece in Australia's eight-wicket demolition of Zimbabwe on Wednesday, giving the home side an unassailable 2-0 series lead from the second One-Day International at Riverway Stadium in Townsville.
'I was a young pilot in the IAF and Tom Cruise (with his genuine Ray-Bans) was now an icon with his sensational performance in Top Gun.' 'The IAF, maybe influenced by the movie, decided to 'issue' pilots Ray-Bans as part of their flying kit,' remembers IAF Veteran Air Commodore Nitin Sathe.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
India needs a second green revolution along with the next generation of reforms with a view to make agriculture more climate-resistant and environmentally sustainable, said an RBI article on farm sector challenges. Observing that Indian agriculture has exhibited remarkable resilience during the COVID-19 period, the article said "new emerging challenges warrant a second green revolution along with next-generation reforms". Despite the success in terms of production that has ensured food security in the country, food inflation and its volatility remain a challenge, which requires supply-side interventions such as higher public investment, storage infrastructure and promotion of food processing, said the article titled 'Indian Agriculture: Achievements and Challenges'.
The downturn in the aviation sector has led to significantly lower demand for pilots. This has adversely affected the businesses of more than 50 flying training schools, which had come up during the last two years on the back of an unprecedented growth story. Admissions to these institutes have now hit an all-time low.
While painkillers can give you temporary relief, yoga may be able to help you calm down and get rid of your headache for good.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
Indian batters committed themselves to doubles shift in the nets against slow bowlers
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
Mind Trainers is recruiting graduates for their Back and Transaction process and Voice Based process.
The fall in the employment rate translated into a 2.6 million fall in absolute employment between December 2022 and March 2023. Most of this fall was in March 2023.
A recent report outlining preliminary findings of damage assessment of the earthquakes shows violations of the building code stipulations in the past two decades contributed to a large number of lives lost and extensive damage to infrastructure.
'If you are going to have only a handful of telecom players on whom the entire dream of Digital India rests, it's important they are financially sustainable.'
Australia gelled superbly during last year's triumph in the United Arab Emirates and 14 of that 15-man squad will bid for back-to-back titles
Australia beat India by nine runs to win the Commonwealth Games women's T20 cricket gold medal on Sunday but the real winner was the sport which delivered compelling competition and boosted its case to be included in the Olympics.
Following a disastrous outing in the 2022 edition, five-times champs Mumbai Indians will look to turn it around when the 16th season of the IPL gets underway.
The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied Economic Research (NCAER).
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