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HYDERABAD: IT & Industries Minister D Sridhar Babu on Wednesday accused the Union government of showing discrimination in allocating a major semiconductor project to Andhra Pradesh even though Telangana was in complete readiness to execute such projects. In a press statement issued here, Sridhar Babu said that Telangana had fulfilled every requirement to establish a world-class Advanced System and Packaging Facility, including allotment of 10 acres of prime land at Maheshwaram, clearance of all ...Read More >
India negotiates free trade agreements with nations on an equal footing with adequate firmness, as the country has changed under the leadership of Prime Minister Narendra Modi, Minister of State for Commerce and Industry Jitin Prasada said on Wednesday. He said that India's economic growth is progressing rapidly. "When we do FTAs with different countries...we talk on equal footing. This is the new India. We put forth our point of view forcefully," he said. The minister was speaking at the ina ...Read More >
Himachal Pradesh faced nature's fury. Bridges collapsed in Shimla, Lahaul, and Spiti. Cloudbursts and flash floods caused widespread damage. Over 300 roads closed, disrupting travel. A police post swept away, shops damaged. No casualties reported yet. Orange alert issued for more heavy rain. The state has suffered significant financial losses this monsoon. Many people have died in rain-related incidents. Several bridges were washed away in Shimla and Lahaul and Spiti districts, while over 300 r ...Read More >
Hyderabad: Much before the semiconductor unit proposed by Andhra Pradesh in its Tirupati Electronics Manufacturing Cluster (EMC) could see the light of the day, it has generated immense political heat in Telangana, where the state's IT and Industries Minister D Sridhar Babu has accused the Centre of blatant partiality in the allocation of a major semiconductor project, despite TG's full preparedness to host it. The Minister said the state government had undertaken every step, including allotmen ...Read More >
The Union Cabinet has approved the establishment of four new semiconductor manufacturing units at a total cost of ₹4,594 crore. Two of the facilities will be set up in Odisha, with one each in Andhra Pradesh and Punjab, according to a statement by the Ministry of Electronics & IT. These four proposals approved are from SiCSem, Continental Device India Private Limited (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP) Technologies. While SiCSem and 3D Glass will be set up in ...Read More >
DEHRADUN: Uttarakhand cabinet on Wednesday gave its nod to a strict Uttarakhand Freedom of Religion (Amendment) Bill, 2025, which provides for a maximum punishment of life imprisonment and fine of up to Rs 10 lakh for "forced conversion". The govt is likely to table the bill in the House, where they have a strong majority, for approval during the three-day monsoon session of assembly commencing on Aug 19.At present, the maximum jail term for such an offence is 10 years and the highest fine is Rs ...Read More >
Odisha has become an "investment destination": Union Minister Dharmendra Pradhan Bhubaneswar (Odisha) [India], August 13 (ANI): Union Minister Dharmendra Pradhan on Wednesday stated that Odisha has become an 'investment destination' as the government has been planning for a long time to bring the 'new-age economy' to the state. He said the Union Cabinet has decided to provide 50 per cent subsidy for three new semiconductor projects in the country, especially in eastern India. 'Earlier too, th ...Read More >
Chief Economic Advisor V Anantha Nageswaran Chief Economic Advisor V Anantha Nageswaran on Wednesday said US tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent from FY24's 9.2 per cent, to tight credit conditions and liquidity issues. The right agriculture policies can add 25 per cent t ...Read More >
Hyderabad: The Greater Hyderabad Municipal Corporation's (GHMC) order to shut beef shops and slaughterhouses on the Independence Day (August 15) and Krishna Janmashtami (August 16) evoked mixed response from people in the city. While some felt that the beef shops should be closed on Krishna Janmashtami considering religious sentiments, they said the shops could be allowed to function on August 15. While there are no restrictions on chicken, fish, etc., beef shops were ordered to be closed. So ...Read More >
New Delhi: The Union Cabinet's nod for a semiconductor facility in Andhra Pradesh has triggered a political controversy, with Opposition-ruled states accusing the Centre of weaning away investments and directing them to NDA-ruled states. The Centre's nod to a semiconductor manufacturing facility by Advanced System in Package Technologies Private Limited with an expected investment of ₹1,500 crore in Andhra Pradesh under Indian Semiconductor Mission (ISM) has run foul of Opposition-ruled states. ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "No ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan.Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "Now ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan chip production landscape, potentially pulling more of the island semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump tariff threat signals a shift from incentive-driven industrial policy to one defined by force. Now he is ...Read More >
NEW YORK, Aug 5 (Reuters) - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands (YUM.N), opens new tab and other companies cited trade duties in their results or outlooks. In addition, U.S. President Donald Trump said the U.S. could impose a "small tariff" on pharmaceutical imports before increasing the rate subsequently. He also signaled an announcement on tariffs on semiconductors and chips in the "next week or so." Shares of KFC parent Yum Brands ( ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India's semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country's grow ...Read More >
Dehradun (Uttarakhand) [India], August 4 (ANI): In Uttarakhand, the India Meteorological Department (IMD) has issued an orange alert for three days in the districts of Dehradun, Nainital, Champawat, Bageshwar, Pauri Garhwal and Udham Singh Nagar. In view of the alert issued by the IMD, the Dehradun district administration announced the closure of all schools up to Class 12 and Anganwadi centres on August 4, 2025. Also Read | Drug Party Raided in Hyderabad: 6 Techies Arrested for Consuming LSD ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country growing ...Read More >
India's semiconductor market is projected to more than double, reaching $100-110 billion by 2030, up from $45-50 billion in 2024-25. A government statement highlighted the urgency to build secure, diversified chip supply chains amid global reliance on Taiwan. India aims to become a trusted global hub, backed by ₹76,000 crore in incentives and over ₹1.55 lakh crore in industry investments. India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion ...Read More >
Union Railway Minister Ashwini Vaishnaw highlighted India's surging economic strength and technological progress post-pandemic and urged citizens to join the national mission for a developed India. Addressing the "Viksit Bharat Samvad" with traders, business leaders, and citizens in Bhavnagar, Mr Vaishnaw emphasized that while global economies saw declining growth rates post-COVID-19, India stands proudly as the world's fourth-largest economy in the world. The Rail Minister called the fully in ...Read More >
Srinagar, Aug 3: The Department of Archives, Archaeology and Museums on Sunday said that an ancient Shivling had been unearthed and safely housed in the SPS Museum Srinagar for public display. A statement of the Department of Archives, Archaeology and Museums issued here said that it was pleased to announce the discovery of an ancient Shivling carved from stone, measuring 137 cm in length and 160 cm in width, approximately dating back to the 10th Century CE, recovered during sand extraction by ...Read More >
Bhavnagar (Gujarat) [India], August 3 (ANI): Union Railway Minister Ashwini Vaishnaw held a 'Viksit Bharat Samvad' with traders, merchants, industrialists, and prominent citizens at Iskcon Fern in Gujarat's Bhavnagar. Speaking about India's robust and continuously growing economy compared to other countries, the Railway Minister stated that while global economies have seen declining growth rates post the COVID-19 pandemic, India has witnessed a consistent rise in its growth rate--a matter of bo ...Read More >
New Delhi: The Trinamool Congress (TMC) on Sunday sharply criticised the Delhi Police for a controversial reference to Bengali as the "Bangladeshi language," calling it an insult to the language and its speakers. TMC shared a letter from a Delhi Police inspector requesting a translator for what was labeled "Bangladeshi language" in a statement on X. The police official also mentioned the arrest of eight individuals under suspicion of being Bangladeshi nationals residing illegally in India. "Is ...Read More >
New Delhi, Aug 3 (PTI) India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion by 2030 according to industry estimates, an official statement said on Sunday. The Indian semiconductor market was about USD 45-50 billion in 2024-2025 against USD 38 billion in 2023, the statement said, citing industry estimates. "As per industry estimates, the size of the Indian semiconductor market was about USD 38 billion in 2023, USD 45-50 billion in 2024-2025 an ...Read More >
Lucknow (Uttar Pradesh) [India], August 3 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath is closely monitoring the flood situation in Uttar Pradesh, issuing timely directives to ensure effective relief efforts. Acting on his instructions, state ministers are inspecting affected areas, while Relief Commissioner Bhanu Chandra Goswami informed that floods have impacted 37 tehsils and 402 villages, affecting 84,392 people. Of these, 47,906 have received assistance, and 2,759 animals have been ...Read More >
BENGALURU: The Maharashtra government fears that increase in height of Alamatti reservoir in Bagalkot district of Karnataka from 519.60 meters to 524.256 meters would result in flooding of Sangli, Satara and Kolhapur districts owing to backwaters and there is no need for the Maharashtra government to fear flooding since its own expert committee led by retired Principal Secretary to Irrigation department Nandkumar Wadnekar ruled out flooding from the Almatti and Hipparagi reservoirs, stated Minis ...Read More >
New Delhi: India's transformation from a consumer to a key manufacturer in the global semiconductor value chain, with the chip market targeted to reach 100 to 110 billion dollars by 2030, is being driven by strategic initiatives launched by the government. These include the India Semiconductor Mission, rolled out with an investment of Rs 76,000 crore, the SEMICON India Programme, and global partnerships such as iCET, according to an official statement issued on Sunday. According to industry est ...Read More >
India's Semiconductor Revolution -- Powering the Future of Electronics (Image: PIB) New Delhi [India], August 3 (ANI): India is undergoing a transformative journey in the semiconductor space, rapidly building an ecosystem that promises to position the country as a major hub in the global chip manufacturing and design value chain. What makes a phone smart? A computer processes millions of commands in a fraction of a second. A TV brings out the reality as it is happening right now. A satellite c ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) India's transformation from a consumer to a key manufacturer in the global semiconductor value chain, with the chip market targeted to touch $100 to 110 billion by 2030, is being driven by strategic initiatives launched by the government - the India Semiconductor Mission rolled out with an investment of Rs 76,000 crore, the SEMICON India Programme and global partnerships such as iCET, according to an official statement issued on Sunday. According to industry es ...Read More >
New Delhi [India], August 3 (ANI): India is undergoing a transformative journey in the semiconductor space, rapidly building an ecosystem that promises to position the country as a major hub in the global chip manufacturing and design value chain. What makes a phone smart? A computer processes millions of commands in a fraction of a second. A TV brings out the reality as it is happening right now. A satellite collects data and sends signals across the world. It all comes down to that tiny thing ...Read More >
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