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INDIA GOVT: NO CHANGE IN EXISTING EXCISE DUTY RATES ON PETROL AND DIESEL FOR DOMESTIC CONSUMPTION

2026-05-01

INDIA GOVT: NO CHANGE IN EXISTING EXCISE DUTY RATES ON PETROL AND DIESEL FOR DOMESTIC CONSUMPTION

Other News
2026-04-30

Prices of Nvidia Corp.’s B300 AI servers in China have surged to about 7 million yuan ($1 million), nearly doubling from around 4 million yuan late last year, as a crackdown on chip smuggling curtailed gray-market supply, according to industry source

Prices of Nvidia Corp.’s B300 AI servers in China have surged to about 7 million yuan ($1 million), nearly doubling from around 4 million yuan late last year, as a crackdown on chip smuggling curtailed gray-market supply, according to industry sources. The servers, priced about $550,000 in the US, face a scarcity premium amid tighter export curbs. Demand from Chinese tech firms remains strong, with some avoiding direct ownership due to sanctions risks and turning to rentals costing up to 190,000 yuan per month. The B300, featuring eight GPUs with 288GB memory and 14 petaFLOPS performance, is among the most powerful for AI inference. Delays in H200 shipments and rising AI usage—China’s share of global token usage reached 32% in March, per Morgan Stanley—have further driven demand, while rivals including Huawei seek to gain share.
2026-04-30

DekaBank: +3.0%; Bank of America: +3.1%; Scotiabank: +3.1%; Standard Chartered Bank: +3.1%; ABN AMRO: +3.1%; BNP Paribas: +3.2%; Capital Economics: +3.2%; Citigroup: +3.2%; Goldman Sachs: +3.2%; Barclays: +3.2%; HSBC: +3.2%; ING: +3.2%; UniCredit: +3

DekaBank: +3.0%; Bank of America: +3.1%; Scotiabank: +3.1%; Standard Chartered Bank: +3.1%; ABN AMRO: +3.1%; BNP Paribas: +3.2%; Capital Economics: +3.2%; Citigroup: +3.2%; Goldman Sachs: +3.2%; Barclays: +3.2%; HSBC: +3.2%; ING: +3.2%; UniCredit: +3.2%; Wells Fargo: +3.2%; Lloyds Banking Group: +3.2%; RBC Capital Markets: +3.2%; Nomura Securities: +3.2%; TD Securities: +3.2%; UBS: +3.2%; Jefferies Group: +3.3%.
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