Thursday, September 10
ISRO on Friday unveiled a model of the Bharatiya Antariksh Station (BAS) module during the two-day National Space Day celebrations that began here. India plans to launch the first module of the BAS, its own home-built space station, by 2028, marking its entry into the group of a handful of nations that operate orbital laboratories. Presently, there are two orbital laboratories -- the International Space Station operated by five space agencies, and the Tiangong space station of China. India plans to have five modules of the Bhartiya Antariksh Station in place by 2035 as part of its ambitious plans for the space sector. The BAS-01 module is expected to weigh 10 tonnes and will be placed in a low earth orbit at 450 km above the earth. Salient features of the BAS include, indigenously develope
Nvidia has told some component suppliers to suspend production of its H20 AI chip, designed specifically for the Chinese market, the Information reported on Thursday, citing two people with direct knowledge of the communications. According to the report, Nvidia instructed Arizona-based Amkor Technology to stop production of the H20 chips this week and also notified South Korea's Samsung Electronics . Amkor handles advanced packaging for the chip, while Samsung Electronics supplies high-bandwidth memory chips for the model. Neither companies immediately responded to a Reuters request for comment. Meanwhile, Nvidia spokesperson said in a statement, "We constantly manage our supply chain to address market conditions." "As both governments recognise, the H20 is not a military product or for go
The government has formally notified the Income-tax Act, 2025, a legislation aimed at consolidating and amending the country’s income tax laws. The Act received the President’s assent on August 21, 2025, according to a gazette notification issued by the Ministry of Law and Justice.The new law will extend to the entire country and will come into effect from April 1, 2026, unless otherwise specified.“This Act may be called the Income-tax Act, 2025,” the notification stated, marking a comprehensive overhaul of existing income tax provisions.The Act, passed by both Houses of Parliament, replaces the current Income-tax Act, 1961, which has been in force for more than six decades.
Mumbai: It pays to bet on the dark horse in the stock market rather than chase recent winners. A study by DSP Mutual Fund shows that investors who bought the previous year's losing index - across large-, mid-, and small-cap benchmarks represented by the Nifty 100, Nifty Midcap 150, and Nifty Smallcap 250 - at the start of every calendar year earned higher returns than those who bought the prior year's winners.For example, in 2009, large caps gained 4%, midcaps 7%, and smallcaps 8%. At the start of 2010, a contrarian investor would have bought large caps - the previous year's laggards - and earned a 19% return that year. The next year, they would have moved to smallcaps, again picking the underperformer. In contrast, performance chasers would have bought smallcaps in 2010 and midcaps in 201
Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday said India was moving towards becoming the world’s leading nation by 2047, backed by reforms, technology, and demographics. Speaking at the ET World Leaders Forum (ET WLF), Naidu stressed that the country’s progress cannot be halted despite temporary setbacks.Naidu said India must focus on building its own global brands instead of depending on those developed abroad. “We are not producing brands, we are using brands globally but not contributing in making,” he noted.Reflecting on his political journey, the TDP chief recalled serving both as the CM and in Opposition. “I worked the longest as Andhra CM. I also worked as Opposition. I know the role of opposition and government both,” he said.Naidu underlined that despite
