Morning news wrap: ED arrests ex-UCO Bank CMD in Rs 6,200 cr loan scam; Bengaluru flooded, braces for more rain & more – The Times of India

Morning news wrap: ED arrests ex-UCO Bank CMD in Rs 6,200 cr loan scam; Bengaluru flooded, braces for more rain & more – The Times of India

From a high-profile arrest in a Rs 6,200 crore bank fraud case to critical trade negotiations with the US, India saw major developments over the weekend and into Monday. The enforcement directorate arrested former UCO Bank CMD Subodh Goel in a massive loan scam, while commerce minister Piyush Goyal pushed forward trade talks in Washington…

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Nvidia braces for .5 billion blow as Trump administration tightens grip on AI chip exports to China – Times of India

Nvidia braces for $5.5 billion blow as Trump administration tightens grip on AI chip exports to China – Times of India

Nvidia warned that it expects a $5.5 billion hit to its revenue after the Trump administration blocked sales of its China-specific AI chips, a move that could reshape the global chip race and deepen the technology rift between the US and China.In a regulatory filing, Nvidia said it had been notified that the US government…

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India braces for intense summer: Heatwave days to double in several states, says IMD | India News – The Times of India

India braces for intense summer: Heatwave days to double in several states, says IMD | India News – The Times of India

NEW DELHI: India is set to experience an unusually hot summer from April to June, with heatwave days expected to double in several states, the India Meteorological Department (IMD) warned on Monday. Central and eastern India, along with the northwestern plains, are likely to see prolonged spells of extreme heat.IMD chief Mrutyunjay Mohapatra stated that…

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