Asset Managers Rush to Launch New Crypto ETFs Amid Regulatory Shift Asset managers are racing to launch cryptocurrency exchange-traded funds (ETFs), driven by growing interest in digital assets and a shift in US regulatory policy. The US Securities and Exchange Commission (SEC) recently eased listing standards, simplifying the process for new ETFs tied to a wider range of cryptocurrencies. These new rules are expected to increase demand for ETFs linked to coins such as solana and dogecoin, beyond the more established bitcoin and ethereum. ETFs based on bitcoin and ethereum began trading in 2024, but under more restrictive guidelines. There…
Author: Aditya Lenka
NASA Prepares for Artemis 2 Moon Mission with Potential Early Launch NASA officials have confirmed that Artemis 2, the agency’s first crewed mission under the Artemis programme, is on track for launch in April 2026. There is also a possibility the mission could be moved forward to February, depending on the readiness of key systems. The Artemis programme represents the US flagship effort to return humans to the moon. It consists of a series of high-profile missions, backed by billions in funding. This initiative also reflects the growing space race, with China aiming to land astronauts on the moon by…
Cochin Shipyard Boosts ‘Atmanirbhar Bharat’ with Korea’s HD KSOE Partnership Cochin Shipyard Limited (CSL) has signed a significant Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), marking a key step towards self-reliance in India’s maritime sector. The MoU was formalised during the “Samudra se Samriddhi – Transforming India’s Maritime Sector” event, inaugurated by Prime Minister Narendra Modi on 20 September 2025 in Bhavnagar, Gujarat. This strategic partnership aims to blend CSL’s infrastructure and domestic experience with HD KSOE’s advanced global shipbuilding technologies. It will enhance CSL’s capability to construct large vessels, including Suezmax tankers, container…
Turkey Eyes Major Boeing and Lockheed Purchases Ahead of Washington Talks Turkish President Tayyip Erdogan is preparing to finalise large-scale purchases of Boeing airliners and Lockheed Martin fighter jets, according to Bloomberg News. The reported deals could involve hundreds of aircraft, alongside more than $10 billion in local production agreements. Approval from US President Donald Trump will be required before any deal moves forward. Neither the White House, Boeing, nor Lockheed Martin provided immediate comment. Turkey’s Defence Ministry also declined to respond. Strategic Timing Ahead of US-Turkey Meeting The reported plans come just days before Erdogan’s scheduled meeting with Trump…
Nvidia Commits Up to $100 Billion in OpenAI Partnership Nvidia has announced plans to invest up to $100 billion in OpenAI, alongside a commitment to supply the company with its advanced data centre chips. The move marks one of the most significant collaborations in artificial intelligence to date, bringing together two of the industry’s most influential players. The deal is structured in two parts. Nvidia will purchase non-voting shares in OpenAI, while OpenAI will use the investment to buy Nvidia’s chips. This arrangement provides OpenAI with both funding and access to the compute power it needs to stay ahead in…
Intel-Nvidia Deal Brings Mixed Outlook for Asian Chipmakers Nvidia’s recent $5 billion investment in Intel is causing ripples across the global semiconductor industry. While it offers hope for Intel’s long-delayed comeback, the deal presents both opportunities and challenges for Asian chipmakers like Taiwan’s TSMC and South Korea’s Samsung Electronics. Nvidia, now the world’s most valuable tech firm, has taken a 4% stake in Intel. The two companies plan to collaborate on chips for PCs and data centres. This move sparked a 23% surge in Intel’s share price, as investors welcomed a possible revival for the struggling chipmaker, particularly in artificial…
EU Misses Emissions Deadline Amid Climate Policy Disagreements The European Union has confirmed it will miss a key United Nations deadline to set new emissions targets. EU climate ministers announced the delay on Thursday, citing disagreements among member states. The missed deadline could weaken the bloc’s credibility ahead of the COP30 climate summit in November. While major polluters like China are expected to meet the deadline, and Australia has already announced its new targets, the EU’s internal divisions have stalled progress. The bloc had planned to finalise emissions goals for 2035 and 2040 this month. However, countries including Germany, France,…
SoftBank Vision Fund to Cut 20% of Staff Amid AI Investment Shift SoftBank Group is set to reduce its Vision Fund workforce by nearly 20% as part of a new focus on artificial intelligence. This strategic shift reflects founder Masayoshi Son’s renewed ambition to make bold, high-risk investments in AI, particularly in the United States. A memo seen by Reuters and a source familiar with the matter confirmed the job cuts. Vision Fund currently employs over 300 people worldwide. These reductions represent the third round of layoffs since 2022 but come at a time when the fund is performing well.…
GST Reduced to 5% on Renewable Energy Devices to Boost Clean Energy Push India has taken a major step towards cleaner energy by reducing GST on renewable energy devices from 12% to 5%. This change, approved during the GST Council’s 56th meeting, aims to cut costs across the renewable energy sector and support India’s transition to greener power. The reduced GST will apply across the renewable energy value chain. It will make clean electricity more affordable while directly benefiting households, farmers, developers, and manufacturers. Lower Project Costs and Cheaper Tariffs Reducing GST from 12% to 5% will lower the overall…
India to Design 2 nm Chips in Bengaluru as ARM Opens New Office: Ashwini Vaishnaw Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw, inaugurated the new Bengaluru office of semiconductor design company ARM on Tuesday. Speaking at the event, he announced that the “most advanced chips used in AI servers, drones, and mobile phones — chips of 2 nanometres — will be designed here.” The minister described the development as a significant milestone in India’s semiconductor journey, adding that the country’s long-term goal is not only to design and manufacture chips but also to…

