Jensen Huang, Nvidia's CEO, secured US approval for H20 chip sales to China. This reversed a ban and protected billions in revenue. Huang acts as a key intermediary between Washington and Beijing. The US aims to keep Chinese firms reliant on American tech. Nvidia's global importance grows with its AI chips. Huang's role is crucial in the US-China tech race.
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Jagdeep Dhankhar's unexpected resignation as Vice President, citing health reasons, has triggered speculation, especially given his active morning and the timing during the Monsoon Session. Opposition parties highlight a three-hour gap where key ministers skipped a crucial meeting, fueling suspicions of a deeper motive.
India's wealthiest investors are increasingly allocating capital to cryptocurrencies like Bitcoin and Ethereum, driven by less than desirable returns from traditional assets and renewed confidence following favorable global signals, including pro-crypto stances from US political figures.
National Conference has criticised the central government's decision. The decision involves appointing Bharatiya Janata Party leader Kavinder Gupta as Ladakh's Lieutenant Governor. NC spokesperson Tanvir Sadiq said this move contradicts BJP's claims made during the abrogation of Article 370. He added that the appointment exposes BJP's real motives. BJP welcomed the appointment and felicitated Gupta in Jammu.
Nayara Energy's Gujarat refinery becomes the first in India to face Western sanctions as the EU tightens restrictions on Russian oil exports, aiming to cut off funding for Moscow's war efforts. India opposes unilateral sanctions and emphasizes energy security, while the measures could impact Nayara's operations, exports, and Rosneft's stake sale plans.
Stock market recommendations: Anand Rathi Shares suggests buying Tilak Nagar Industries, Orchid Pharma, and ITC. Tilak Nagar Industries shows range breakout with volume support. Orchid Pharma indicates potential breakout after downtrend. ITC displays renewed strength with an Inverse Head and Shoulders pattern.
The Enforcement Directorate admitted its mistake in summoning advocates. Attorney General informed the Supreme Court that probe agencies received instructions to avoid such errors. The Chief Justice of India emphasized the privileged nature of lawyer-client communication. The Supreme Court will address petitions from bar associations on July 29.
As India prepares for a crucial Test against England, former cricketer Navjot Singh Sidhu has proposed his predicted XI, advocating for Sai Sudharsan's inclusion and questioning Karun Nair's position. Sidhu highlighted Sudharsan's strong domestic and IPL performances, emphasizing his technical skills. Despite Shubman Gill's support for Nair, the final team selection remains uncertain, with India aiming to level the series.
Sports Minister Mansukh Mandaviya urged national sports federations to prioritize national interest over personal egos to elevate India as a global sporting powerhouse by 2047. Addressing the 'Khelo Bharat Conclave,' he emphasized good governance and collaborative planning, highlighting the upcoming National Sports Governance Bill.
The US State Department has declared The Resistance Front (TRF) a foreign terrorist group. This action follows TRF's claim of responsibility for the Pahalgam massacre. The US also linked TRF to Lashkar-e-Taiba (LeT). Investigations revealed the Pahalgam attack was a joint operation by Pakistan's ISI and LeT. Pakistani terrorists, led by Sulaiman, executed the killings.
Justice Yashwant Varma's petition to quash an inquiry report regarding the discovery of money at his residence faces significant hurdles in the Supreme Court. With over 100 MPs seeking his removal, the petition's maintainability is questioned, especially given the evidence and his delayed response. A PIL further complicates matters, suggesting potential corruption and demanding a police FIR.