The cost of memory is expected to climb to 48% of total component costs from 20-35% previously, after leading memory manufacturers shifted capacities to cater to surging demand for high-bandwidth memory used in AI data centres.
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The Centre’s push to wean officials away from the usage of publicly available AI-based tools owned by foreign entities has also contributed to the demand.
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In the absence of a breakthrough in US-India trade talks, the currency is expected to exhibit a downward bias, though Reserve Bank of India interventions are likely to moderate extreme movements.
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The divestments present a major opportunity for Indian private sector banks to acquire customer bases, deposits, and wealth management portfolios quickly.
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During a press briefing, Sanjay Malhotra, the Governor of the Reserve Bank of India, hinted at the potential for further cuts in the policy interest rate, backed by promising macroeconomic indicators. While market trends might suggest a pause, economic experts…
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TRAI has disconnected over 21 lakh mobile numbers and one lakh entities for spam and fraud in a year. Citizens reporting through the official TRAI DND App enables permanent disconnection, unlike simple local blocking. Users are urged to report suspicious…
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