Nvidia may be forced to shift out of some countries after new US export curbs
Nvidia (NVDA.O) said it may be forced to move some business operations out of countries that are in the purview of U.S. export curbs after the Biden administration on Tuesday expanded its restrictions on export of certain high-end technology. Key Points
ReutersJapan ends Covid-19 travel curbs to bring shoppers, tourists back
Japan's service mood rebounds as Covid curbs end. The outcome offers some relief for policymakers fretting that rising living costs could discourage households from shopping and travelling, thereby derailing Japan's delayed recovery from the scars of the pandemic. | Travel Key Points
Hindustan TimesChina's Q1 GDP growth rises to 4.5% as Covid curbs end
International Business News: China's GDP grew by 4.5% YoY in Q1 2021, surpassing analysts' forecasts of 4.0% expansion, as the country began to emerge from the effects of Covid cu Key Points
Times Of IndiaNo proposal to lift export curbs on wheat, rice, sugar as of now: Piyush Goyal
New Delhi, Jan 13 (PTI) Union Minister Piyush Goyal on Saturday said there is no proposal before the government as of now to lift export curbs on wheat, rice and sugar. He also said there is “no plan and no need” to import wheat and sugar. “There is no proposal as of now to remove […] Key Points
ThePrintHeadwinds are an opportunity for long-term investors: 6 agro-chemical stocks with upside potential of up t
Majority of businesses have a cycle of ups and downs. The question is whether the downs are cyclical in nature or they have come up due to one off event. Agro chemical sector is in a down cycle due to one off events. Sudden increase in inventory in the industry, oversupply which came into markets to resumption of the Chinese production post covid curbs. That is the reason that the sector which did extremely well in the first part of the bull run which starred post covid has been underperforming for some time. Given the fact that in the last three months, the problem of over inventory in the system has started to reduce. Is the worst of the issues behind the agro chemical companies? Key Points
Economic TimesSundar Pichai announces Google's plan for 'made in India' Chromebooks with HP
Alphabet Inc.’s Google will begin to make its Chromebook laptops in India through a partnership forged with HP Inc. Key Points
Hindustan TimesNo ban on imports, companies can import laptops, tablets, etc: Senior official
There is no ban on imports. Companies and traders can import IT hardware, laptops, tablets, etc. said a senior official at the IT ministry, a day after the ministry notified import curbs Key Points
mintBREAKINGVIEWS US blacklisting is no match for TikTok virality
The United States’ web of trade restrictions has a TikTok-sized hole in it. The Commerce Department added another 28 Chinese firms to its trade blacklist on Thursday, requiring licenses to acquire U.S. wares. Yet social media app TikTok, which government officials have repeatedly voiced national security concerns over, hasn’t been hit with trade curbs. It might be time to classify Americans’ data as a domestic good. Key Points
Reuters