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micron

Micron overtakes Meta in market value as AI boom fuels rally

Micron Technology’s market value surged past that of Meta Platforms and ahead of Tesla on Thursday, as investors responded positively to the company’s latest outlook and growing exposure to the artificial intelligence sector. The memory chipmaker’s shares skyrocketed 18.4% to $1,236, lifting its market capitalisation to $1.398 trillion, placing it aboveMeta, which was valued at...
piyush goyal in london

Scotch and gin get cheaper: India-UK trade deal kicks in July

India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026,. The India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026, with Commerce and Industry minister Piyush Goyal describing the agreement as India’s...
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Bigger play for corporates in debt & money markets

Mumbai: RBI has proposed sweeping changes to deepen debt markets, allowing corporate bodies to lend in the term money segment – long dominated by banks and primary dealers – while widening their access to govt securities market. It has also introduced total return swaps in credit derivatives, which transfer a bond’s entire return to the...
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Centre eases BIS quality compliance with new risk-based framework for manufacturers

Centre has introduced a risk-based compliance mechanism to ease industry compliance with Quality Control Orders (QCOs), allowing eligible manufacturers to follow a simplified certification route while maintaining product quality and consumer protection. The Centre has introduced a risk-based compliance mechanism to ease industry compliance with Quality Control Orders (QCOs), allowing eligible manufacturers to follow a...
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SK Hynix overtakes Samsung: How a 14-year AI chip bet made it South Korea’s most valuable listed company

Fourteen years after a takeover that critics dismissed as a costly gamble, SK Hynix has emerged as the biggest beneficiary of the artificial intelligence boom, overtaking Samsung Electronics to briefly become South Korea’s most valuable listed company, according to a Reuters report.The turnaround was driven by an early bet on high-bandwidth memory (HBM) chips, a...
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