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US expected to announce billions in chip subsidies
January 28, 2024
|Financial Express Mumbai
THE BIDEN ADMINISTRATION is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday.
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The forthcoming announcements are aimed at kick-starting manufacturing of advanced semiconductors that power smartphones, artificial intelligence and weapons systems, the WSJ reported, citing industry executives familiar with the negotiations.
The executives expect some to come announcements before US President Joe Biden's State of the Union address on March 7, the WSJ report added.
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Financial Express Mumbai
X admits lapse on Grok AI content; removes 3.5K posts, 600 accounts
MICROBLOGGING PLATFORM X has acknowledged lapses in content moderation linked to its AI chatbot Grok and removed around 3,500 pieces of content and more than 600 user accounts after the government flagged the circulation of obscene material, according to official sources.
1 mins
January 12, 2026
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Govt seeks source code access from smartphone firms
THE GOVERNMENT HAS proposed requiring smartphone makers to share source code with it and make several software changes as part of a raft of security measures, prompting behind-the-scenes opposition from giants like Apple and Samsung.
2 mins
January 12, 2026
Financial Express Mumbai
Govt seeks source code...
LAST MONTH, IT revoked an order mandating a state-run cyber safety app on phones amid concerns over surveillance.
1 min
January 12, 2026
Financial Express Mumbai
Winter chill grips north India, cold wave hits Delhi
THE INTENSE COLD sweeping through north India tightened its grip further on Sunday, with parts of Rajasthan experiencing subzero temperatures and the mercury dropping to below 3 degrees Celsius in some places in Delhi for the first time this season.
2 mins
January 12, 2026
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FPIs likely to get sweeteners...
CAPITAL GAINS TAX has been the fastest-growing revenue head for the government in recent years.
2 mins
January 12, 2026
Financial Express Mumbai
Pvt credit gains...
HOUSING SALES ACROSS the top seven cities fell 14% in 2025, according to Anarock Research.
1 min
January 12, 2026
Financial Express Mumbai
RBI advocates disclosure of NPA; banks approach CIC
FOUR MAJOR BANKS — Bank of Baroda, RBL Bank, Yes Bank and State Bank of India — have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records “liable to be disclosed” under the RTI Act.
1 min
January 12, 2026
Financial Express Mumbai
Amazon AI lists products without merchant consent
SOMETIME AROUND CHRISTMAS, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses associated with Amazon.com.
2 mins
January 12, 2026
Financial Express Mumbai
'We're a savings portal, not q-comm'
After a turbulent period of leadership churn and persistent losses, API Holdings, the parent of Pharmeasy, Thyrocare and medicine distributor Ascent, is focused on stitching all its business segments into a single, profitable OPD healthcare platform.
3 mins
January 12, 2026
Financial Express Mumbai
Govt weighs options to tackle food subsidy spike
· Additional outlay, support to ethanol scheme among plans
2 mins
January 12, 2026
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