Global semiconductor revenue growth worsens

Global semiconductor revenue is projected to decline 3.6 per cent in 2023 — from the previous forecast of $623 billion to reach $596 billion, a new Gartner report showed on Monday.In 2022, the market is on pace to grow 4 per cent and total $618 billion.

GDP may print at 5.8 pc in Q2: SBI Research

Citing a weak manufacturing sector coupled with the steep margin compression, SBI Research has pencilled in the country’s GDP growth for the second quarter at 5.8 per cent, down 30 basis points from average estimates.

China’s zero-Covid policy not going to work: US

The White House said on Monday that China’s zero-Covid policy is unlikely to work and reaffirmed that everyone around the world has the right to protest peacefully, amidst unprecedented demonstrations in the Communist nation over its stringent policy.

PMK wants TN Guv’s assent to bill banning online gambling

The political arm of the powerful Vanniyar community, the Pattali Makkal Katchi (PMK) has demanded that the Tamil Nadu Governor R.N. Ravi give assent to the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Bill.

‘Udayanidhi Stalin likely to join DMK govt as minister soon’

Udayanidhi Stalin, son of Chief Minister M.K. Stalin, and an MLA is likely to join the DMK government soon.The birthday bash of the younger scion of the first family of Tamil Nadu on Sunday was an indication of the clout he enjoys in the government and the party.