Nvidia CEO Jensen Huang lauded TSMC, calling potential investors “very smart,” amidst reports of US interest in acquiring a stake in H20 chip sales to China. Huang revealed TSMC is developing six new Nvidia products, including CPUs and GPUs crucial for AI. Nvidia is also considering bringing its Blackwell processor to China.
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A tragic incident in Chhattisgarh's Jashpur district claimed three lives and left 22 injured when a speeding SUV crashed into a Ganesh idol immersion procession late Tuesday night. The event unfolded in Jurudand village, Bagicha region, as a Bolero car veered into a crowd of devotees.
The West Bengal Urdu Academy postponed a poetry symposium featuring Javed Akhtar after religious groups protested his invitation, citing that his comments hurt their sentiments. While the Academy cited "unavoidable circumstances," critics suggest yielding to pressure. Akhtar stated he receives criticism from both Hindu and Muslim organizations and remains undeterred, hoping to visit Kolkata soon.
In Bihar's Nalanda district, Rural Development Minister Shrawan Kumar and JD(U) legislator Krishna Murari Sharan faced villagers' wrath following a road accident that killed nine. Villagers, demanding immediate compensation, chased the minister and MLA for a kilometre after the minister's delayed response. The minister switched vehicles multiple times to escape the angry mob, resulting in injuries to a security officer.
Brittany Mahomes, wife of Patrick Mahomes and mother of three, recently shared her experiences with the challenges of motherhood. She highlighted the difficulty of balancing personal time with childcare responsibilities and confessed to struggling with mom guilt when accepting help or leaving her children. Despite these struggles, she remains a dedicated supporter of her husband's NFL career.
The GST Council has approved a new 40% tax slab for sin and luxury goods, set to replace the existing cess. While the implementation date is pending, 5% and 18% slabs take effect from September 22. Finance Minister Nirmala Sitharaman announced the move, highlighting reduced tax burdens for the common person.
Sebi chief Tuhin Kanta Pandey urged listed banks to strengthen internal controls to prevent insider trading, emphasizing their dual responsibility in safeguarding unpublished price-sensitive information (UPSI) related to both the bank and its client companies. He highlighted that weak controls lead to stock market frauds and stressed the moral responsibility of banks' management in complying with insider trading regulations.
A LAPD police video revealed the fatal shooting of Gurpreet Singh, a 35-year-old Sikh man, after 911 calls reported him wielding a machete and threatening people. Singh, seen performing Gatka, charged at officers after a car chase, leading to the shooting. The incident is under investigation, with reviews to determine if the use of force was justified.
Stock market recommendations: Bajaj Broking Research suggests Adani Ports and Jayaswal Neco Industries as top stock picks for September 5, 2025. NIFTY is expected to consolidate between 24,400 and 25,000. A move above 25,000 could lead to 25,250.
Former MLB star Mark Teixeira announced his candidacy for Texas's 21st Congressional District, succeeding Chip Roy, who is vying for Texas Attorney General. Teixeira, a proud conservative, aims to champion President Trump's "America First" agenda. He pledges to strengthen border security, cut government spending, and defend the Second Amendment, emphasizing teamwork to safeguard Texas values and American liberty.
A Belgian court has denied bail to fugitive diamantaire Mehul Choksi, wanted in India for bank fraud exceeding Rs 13,900 crore, ahead of his extradition hearing. Indian authorities presented evidence of his past escapes and involvement in economic offenses, leading the court to deem him a flight risk.