US sets up new technology order, inducts Japan, South Korea, Singapore, Netherlands, UK, Israel, UAE, Australia. Comes at time when India-US trade talks have not delivered conclusive results.
The PM emphasised the pressing need for India to be technology-driven to achieve success. By 2030, India’s chip market is expected to grow to $100 billion.
To meet India’s goal of becoming a semiconductor powerhouse, IITs and IISc are rejigging curricula, launching short courses, and hosting online classes. Focus is on fabrication, not just design.
The so-called ‘showdown of the century’ between the two nations’ semiconductor industries has driven China’s innovation, fuelled by market demand and US restrictions.
Reports also look at the dwindling demand for diesel consumption in India, and how ‘overtourism’ and climate change are impacting India’s hill stations.
The 2 signed agreements on semiconductors, health, skilling & digital security. New digital development pact will aim to strengthen cooperation between the two countries' digital economies.
India must pursue technology partnerships, discuss trade in the Indo-Pacific, formulate stronger IP. This will help operationalise the notion of ‘trust’ in critical supply chains
In latest move, China put export curbs on 2 chipmaking minerals. Experts say long-term impact of such tactics will be less on markets and more on geopolitics of global supply chains.
In 2005, under the UPA’s watch, Chhattisgarh launched Salwa Judum. The state gave assault rifles to Adivasi boys and pushed them into battle against their own brethren.
Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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