US President Donald Trump’s semiconductor tariff announcement is poised to shake global trade once again. On August 5, Trump stated that new tariffs on semiconductors and pharmaceutical products could be rolled out within a week. As global markets brace for impact, India’s auto sector, heavily reliant on imported chips, could face significant ripple effects.
In a groundbreaking move in India’s digital ecosystem, Reliance Jio launches JioPC, its first-ever cloud-based desktop platform available at just ₹400 a month. JioPC is not a traditional hardware PC, but a virtual desktop experience powered by the cloud, offering full computing functionality — including AI tools, Microsoft Office, Adobe Express, and virus protection — all without the need for expensive physical machines.
In a major development in the artificial intelligence space, the OpenAI GPT-5 launch could happen as early as August, according to a report by The Verge. The highly anticipated next-generation model from the creators of ChatGPT is expected to be more advanced, versatile, and integrated than ever before — marking a significant leap in AI capabilities.
In a strategic move to reinforce ties with one of the world’s largest semiconductor consumers, Nvidia CEO Jensen Huang has reiterated the company’s dedication to the Nvidia China market. Speaking at the China International Supply Chain Expo in Beijing, Huang emphasized the firm’s ongoing efforts to serve Chinese clients, despite mounting global tensions and evolving trade restrictions.
TCS salary hike: India’s largest IT company, Tata Consultancy Services (TCS), has yet to finalize its decision on employee salary increments for the current financial year. Despite reporting strong Q1 earnings for FY2025-26, the company has maintained a cautious stance on pay hikes due to prevailing uncertainties in the business environment. Speaking at the Q1 earnings press conference, Chief Human Resources Officer (CHRO) Milind Lakkad stated that no concrete decision has been made regarding the salary hike for its 6.13 lakh employees.
Bharat Heavy Electricals Limited (BHEL) has added a significant feather to its cap by securing a Rs 6,500 crore contract from Adani Power, marking a major milestone in India’s power infrastructure landscape. The BHEL Adani Power contract entails the supply and supervision of six thermal power units of 800 MW each, underlining BHEL’s engineering expertise and reinforcing its leadership in the heavy electrical equipment sector.
Gold price today witnessed a significant dip in domestic futures markets, even as geopolitical tensions between Israel and Iran flared up dramatically. On Friday, June 20, MCX Gold August 5 contracts traded 0.66% lower at ₹98,670 per 10 grams around 2:20 PM,
The Indian government is reportedly considering a significant change in digital payment policy by proposing charges on UPI payments over Rs 3000. This potential policy shift, if approved, would reintroduce the Merchant Discount Rate (MDR) for higher-value transactions through the Unified Payments Interface (UPI) — marking a move away from the zero-MDR regime that has been in place since January 2020.
Tesla’s plans for India appear to have hit a pause again. Despite hopes of a local footprint, the electric vehicle (EV) giant is not interested in Tesla India manufacturing, said Union Minister of Heavy Industries, H.D. Kumaraswamy, on Monday. Instead, Tesla is focusing on importing its EVs and opening showrooms to sell them directly in the Indian market.
Motorola is all set to make waves in the mid-range smartphone segment with its upcoming launch — the Moto G96 with Snapdragon 7s Gen 2. Leaks and reports from reliable sources such as GSMArena and Techlusive suggest that the brand is gearing up to introduce this feature-rich smartphone under its popular Moto G-series. The device is expected to boast an impressive combination of performance, display,
