India-EU trade deal: Goyal says FTA talks advancing in positive direction; ‘committed for an early conclusion’

Commerce and industry minister Piyush Goyal on Wednesday said that negotiations for the India-European Union (EU) free trade agreement are advancing in a positive direction, with a rough outline of the pact already prepared. He emphasised that both sides are committed to an early conclusion of the deal. “Ek free trade agreement ki motee-motee roop…

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AI chip smuggling crackdown: Nvidia builds location-tracking tech; ‘Monitor entire AI GPU fleet

Nvidia has developed a location verification feature for its chips, aiming to help prevent its advanced artificial intelligence processors from being smuggled into countries where exports are restricted, reported Reuters, citing people familiar with the matterThe move comes amid growing pressure in the United States to tighten oversight of high-end AI hardware. Lawmakers and the…

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More trouble for IndiGo? After 5,000 flight cancellations, Competition Commission of India may launch antitrust probe

IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…

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SpiceJet plans expansion with 100 more flights daily amidst IndiGo fiasco; airline aims to ‘improve overall network resilience’ – stock jumps 5%

As India’s aviation industry is grappling with ongoing IndiGo crisis, SpiceJet has launched a major winter push to fulfil the continued demand. In a statement released on Wednesday, the carrier outlined plans to add up to 100 daily flights during the ongoing winter schedule, noting that the expansion is still subject to regulatory approval. The…

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IndiGo fiasco: HSBC maintains ‘buy’ rating for InterGlobe Aviation; cites ‘no structural damage’ despite recent crisis

Worried about your InterGlobe Aviation investment after IndiGo’s recent operational crisis? HSBC has urged IndiGo investors to look past the dramatic scenes surrounding InterGlobe Aviation over the past week, saying the chaos has not altered the airline’s long-term prospects. The brokerage acknowledged the scale of the disruption but concluded that the airline’s fundamentals remain unbroken,…

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Gold price prediction today: What’s the outlook for gold prices & will silver prices touch new highs soon? Here’s what you should know

Gold prices traded sideways last week but held near $4,200 per ounce since the start of this week. (AI image) Gold price prediction today: Gold prices are unlikely to see sharp upside, feel analysts. Will silver prices hit new all time highs ahead of year-end? According to Maneesh Sharma, AVP – Commodities & Currencies, Anand…

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