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TSMC has raised its long-term semiconductor industry forecast, projecting the global market to exceed $1.5 trillion by 2030, driven by artificial intelligence and high-performance computing demand. The company expects rapid growth in advanced chip production and is aggressively expanding manufacturing capacity across the US, Japan and Germany.
TVS Motor Company reported a 19% YoY jump in consolidated net profit to Rs 772 crore for Q4 FY26, with revenue rising 30% YoY to Rs 15,053 crore. Despite sequential profit decline, analysts from Morgan Stanley and Goldman Sachs maintain positive ratings, citing strong growth prospects. Citi, however, retains a 'Sell' call due to valuation concerns and potential cost headwinds.
Japan's Nikkei share average reached a record high for the third consecutive day, propelled by strong performance in the technology sector. Despite a broader market slump, tech shares mirrored Wall Street's gains, with companies like SoftBank Group reporting significant profit increases, though individual stock performance varied.
The government has banned all sugar exports, shifting policy from restricted to prohibited until September 30, citing tight domestic supply. The move is expected to impact sugar companies such as Balrampur Chini Mills and Dhampur Sugar Mills. India’s production is forecast to stay below consumption for a second consecutive year.
Social media influencer Dr Neelam Singh, popularly known online as ‘The Skin Doctor’, was arrested by Delhi Police over allegedly objectionable posts linked to the family of late businessman Sunjay Kapur. The arrest has triggered debate online, with public figures reacting to the development.
The Kangpokpi incident happened in the morning hours of 13 May at a place between Kotzim and Kotlen villages when members of the Thadou Baptist Association (TBA) were returning from Churachandpur after attending a religious congregation
Oil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gains and geopolitical issues like the Iran war. Despite concerns over interest rate hikes, crude futures saw slight increases, with analysts warning of potential price surges if the Strait of Hormuz remains shut.
India has prohibited sugar exports with immediate effect till 30 September 2026, according to a DGFT notification. The move aims to curb domestic prices and ensure local availability. Exemptions include EU and US quota exports, government shipments and consignments already in transit.
Popular singer, TikTok star Tayler Holder stepped back from shows to focus to himself amid mental health struggles. He also talked about feeling lonely. Here's what happened to him.
The US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Reserve rate hikes this year. A meeting between US President Donald Trump and China's Xi Jinping in Beijing is a key focus. The offshore yuan held near a three-year high. Inflation data suggests renewed price pressures in the US.
Gold prices saw a slight increase on Thursday, influenced by a weakening dollar as investors closely watched the high-stakes meetings between U.S. President Trump and China's Xi Jinping. Meanwhile, U.S. producer prices surged, signaling accelerating inflation, while gold discounts in India reached a record high amid weak demand.
