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Nvidia's Jensen Huang says quantum computing nears key breakthrough

Huang's forecast marks a change in tone from January, when he said that "very useful" quantum computers, which are still largely used by researchers, were likely still decades away

New York backs California in opposing Trump's troop deployment in LA

The Trump administration deployed thousands of National Guard troops in recent days to respond to protests in Los Angeles, over the objections of state and city officials

Indian depository NSDL plans IPO for July, expects to raise $400 million

The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital

Turkey to sell 48 Kaan fighter jets to Indonesia in major defence deal

The agreement to sell the Kaan fifth-generation planes, which Turkey is still developing, is a "record-breaking" military deal for the country, Erdogan said

Two public-sector firms pull bond sales as RBI moves spark swings

The average yield on top-rated three- and five-year corporate debt rose eight basis points and nine basis points

Mizuho on verge of buying majority stake in investment bank Avendus

Executives are hammering out details of a transaction that could be finalised as soon as this month and value Avendus at about $800 million

S'pore-backed Prestige Estates Projects bets on India's entertainment boom

The developer, which counts Blackrock Inc. and Vanguard Inc. as its investors, plans to allocate 40 per cent space in malls to entertainment and restaurants

Major Chinese maker of rare-earth magnets gets green light for US exports

JL Mag Rare-Earth Co. said that officials approved a certain number of export applications, and the company had permits for regions including the US, Europe and Southeast Asia

India, US race to finalise trade deal ahead of Trump's tariff deadline

Trade officials from India and the US met in New Delhi for about a week to discuss issues including greater market access, digital trade, customs rules and technical barriers to trade

Being a bully on trade won't work longer term, warns Christine Lagarde

Coercive trade policies are not a sustainable solution to today's trade tensions, said Lagarde

GM invests $4 bn in US plants, shifts production to avoid tariffs

Taken together, the investments will allow GM to produce more than 2 million vehicles in the US each year

India's state oil refiners may order tankers worth $600 mn for domestic use

Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to jointly issue a tender later this year for the medium-range tankers

Associated Press challenges ruling limiting access to White House

In a filing Tuesday, the Associated Press asked that all the judges on the US Court of Appeals for the DC Circuit review a 2-1 decision by a smaller panel of the court

Harvard may regain federal grants if policies change: US education secy

McMahon said the administration was "making progress in some of the discussions" with Harvard, despite ongoing legal fights

Elon Musk sets June 22 as launch date for Tesla's Robotaxi service

Musk said in a post on his social media site X that the date could shift because Tesla is being "super paranoid about safety"

US intel chief Tulsi Gabbard warns global nuclear war closer than ever

Gabbard didn't cite any countries by name but her remarks echoed longtime claims by Russian officials and, more recently, by far-right commentators in the US

US Prez Trump deploys Marines as protests spread to greater LA area

Seven hundred troops from the 2nd Battalion, 7th Marines have made it to the greater LA area, a spokesperson for the US Northern Command said, without disclosing their specific location or duties

India plans to standardise air-conditioning temperature to save power

The plan, although at an initial stage, reflects the government's focus to boost energy efficiency as electricity consumption soars

India's swelling coal stockpiles test state-owned mining giant CIL

The early onset of monsoon rains and frequent showers in parts of the country have kept India's electricity demand in check and coal stockpiles high

UK employment plunges most in 5 yrs, 276K jobs lost since Reeves budget

Tax data showed the number of employees on payroll tumbled 109,000 in May, the biggest decline since May 2020, the Office for National Statistics said Tuesday