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South Korea Unveils Massive Semiconductor Mega-Project to Secure AI Chip Dominance
Posted inBusiness Insights

South Korea Unveils Massive Semiconductor Mega-Project to Secure AI Chip Dominance

South Korea launches an ambitious mega-project with Samsung and SK Hynix to build new fabs, solidifying its lead in the global AI chip market.
Posted by Prasenjit Bhowmik June 29, 2026
South Korea Unveils $1.3 Trillion Semiconductor Mega-Project to Lead Global AI Race
Posted inEconomy

South Korea Unveils $1.3 Trillion Semiconductor Mega-Project to Lead Global AI Race

A Strategic Pivot for the Global Chip IndustryThe South Korean government, in partnership with industrial giants Samsung Electronics and SK Hynix, announced a monumental $1.3 trillion investment plan this week…
Posted by Prasenjit Bhowmik June 29, 2026
USIBC President Urges Rapid Trade Deal as India Races Against AI Clock
Posted inEconomy

USIBC President Urges Rapid Trade Deal as India Races Against AI Clock

USIBC warns India must swiftly finalize a US trade deal to capitalize on economic opportunities and compete in the global AI race.
Posted by Prasenjit Bhowmik June 28, 2026
Oracle Continues Global Restructuring with 500 Layoffs in Romania
Posted inBusiness Insights

Oracle Continues Global Restructuring with 500 Layoffs in Romania

Technology giant Oracle has terminated approximately 500 employees at its Romanian subsidiary this week, marking a significant escalation in the company's ongoing global restructuring efforts. The move, aimed at consolidating…
Posted by Prasenjit Bhowmik June 28, 2026
The Rise of Zombie Unicorns: Silicon Valley's Valuation Reckoning
Posted inBusiness Insights

The Rise of Zombie Unicorns: Silicon Valley’s Valuation Reckoning

The End of Easy CapitalSilicon Valley is currently grappling with a proliferation of 'zombie unicorns'—private companies valued at over $1 billion that lack the revenue growth or profitability to justify…
Posted by Prasenjit Bhowmik June 26, 2026
India Extends Deadline for ₹7,280 Crore Rare Earth Magnet Manufacturing Scheme
Posted inEconomy

India Extends Deadline for ₹7,280 Crore Rare Earth Magnet Manufacturing Scheme

Strategic Delay to Bolster Domestic Supply ChainsThe Indian government has officially extended the bid submission deadline for its ambitious ₹7,280 crore rare earth magnet manufacturing Production Linked Incentive (PLI) scheme…
Posted by Prasenjit Bhowmik June 26, 2026
Indian Startup Funding Surges Past $1 Billion Mark Driven by CRED Mega-Round
Posted inBusiness Insights

Indian Startup Funding Surges Past $1 Billion Mark Driven by CRED Mega-Round

Funding ReboundIndian startups secured over $1.07 billion in funding across more than 10 deals during the week of June 19-25, signaling a sharp rebound in investment activity. The surge was…
Posted by Prasenjit Bhowmik June 26, 2026

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