What’s ailing India’s battery scheme for EVs? | Explained

What’s ailing India’s battery scheme for EVs? | Explained

The ACC PLI scheme, launched in October 2021, was designed to catalyse a domestic battery manufacturing ecosystem and reduce a near-total reliance on Chinese imports. File image for representation only. | Photo Credit: PTI The story so far: An ambitious ₹18,100 crore scheme to facilitate the manufacture of advanced chemistry cell batteries in India, particularly…

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Here is what caused the wild swings in our 34-stock portfolio last week

Here is what caused the wild swings in our 34-stock portfolio last week

The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks…

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NASA delays Artemis II wet dress rehearsal due to bad weather |

NASA delays Artemis II wet dress rehearsal due to bad weather |

NASA delays Artemis II wet dress rehearsal due to bad weather (IANS) NASA has delayed a key prelaunch test for its Artemis II mission after bad weather affected conditions at Kennedy Space Center in Florida. The wet dress rehearsal, which simulates the full launch countdown and fuelling process, has been moved to Monday, February 2….

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US judge signals Elon Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets

US judge signals Elon Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets

Lawyers for xAI and OpenAI did not immediately respond to requests for comment [File] | Photo Credit: REUTERS A U.S. federal judge signaled on ‌Friday she may dismiss a lawsuit by Elon ​Musk’s artificial intelligence startup xAI accusing Sam Altman’s rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology….

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Microsoft stock is flat the day after sinking 10%. Here’s why

Microsoft stock is flat the day after sinking 10%. Here’s why

Microsoft’s stock was largely flat on Friday, after the stock saw its biggest daily decline since 2020, sliding 10% Thursday after it reported earnings. Shares fell despite the company’s second-quarter earnings beating analyst revenue expectations. Like other hyperscalers, Microsoft has invested huge sums in its AI infrastructure buildout. But Meta reported huge AI spending on…

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Amazon pays .5 billion to settle FTC Prime enrollment allegations

Amazon pays $2.5 billion to settle FTC Prime enrollment allegations

NEWYou can now listen to Fox News articles! Amazon has agreed to pay $2.5 billion to settle allegations brought by the Federal Trade Commission over how it enrolled customers in Prime and how difficult it made cancellation.  The FTC alleged Amazon enrolled millions of consumers without clear consent and failed to provide a simple way…

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NASA’s Perseverance discovers white kaolinite rocks on Mars, revealing millions of years of rainfall and wet conditions |

NASA’s Perseverance discovers white kaolinite rocks on Mars, revealing millions of years of rainfall and wet conditions |

Bright white rocks. Scattered across the rusty red plains of Mars. NASA’s Perseverance rover spotted them in Jezero crater which the scientists have been staring at them ever since. At first glance, they might seem ordinary. But analysis tells a different story that these rocks aren’t just rocks. They’re kaolinite clays, aluminium-rich, and rare. On…

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The story of dapsone: from dye to drug

The story of dapsone: from dye to drug

India observes Anti-Leprosy Day on January 30, the death anniversary of Mahatma Gandhi. For most of history, leprosy was treated not as a medical condition but as a moral one. Across major religions and ancient traditions, people with leprosy were described as impure, cursed, or unclean. They were made to live outside towns, barred from…

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Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia’s dominance

Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia’s dominance

If money were not a factor, a Google software engineer says custom chips, like those from Broadcom , would always be his default selection to build cutting-edge artificial intelligence models. “I am a hundred percent using a custom chip of some sort if resources are not a constraint and I need to move fast and…

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How to find the Orion constellation in the sky |

How to find the Orion constellation in the sky |

Orion’s Belt is a familiar sight in the night sky during the colder months, often noticed easily. Three bright stars sit in a straight line, rising in the east and crossing high overhead as the evening deepens. They belong to the larger Orion constellation, positioned close to the celestial equator, which makes them visible from…

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