Veteran investor Raamdeo Agrawal has described the government’s decision to offer a 100% tax holiday for data centres until 2047 as a transformational policy move that could reshape India’s position in the global artificial intelligence infrastructure race. Speaking to ET Now, Agrawal, Chairman & Co-Founder, MOFSL termed the incentive a “1000-pound gorilla” decision, arguing that […]
The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom. A mix of online hype, a tiny free float and India’s swelling base of retail investors locked the RRP Semiconductor stock at the upper circuit for 149 consecutive trading sessions. (AI Image) RRP Semiconductor Ltd., which […]
NEW DELHI: India’s growth story under the leadership of Prime Minister Narendra Modi rests on three strong pillars — strong macroeconomic fundamentals, modern infrastructure, and improved quality of life, Union commerce and industry minister Piyush Goyal said on Thursday. Union minister Piyush Goyal addressed the India-Brazil Business Dialogue (X/PiyushGoyal) Speaking about the first pillar, he said the […]