Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China’s chip industry that stop short of earlier proposals.
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With UPS, BJP hopes to win back govt staff it lost to Congress
The BJP had expected political gains from government employees after promising a pension scheme matching 50% of salaries and inflation adjustments, countering Congress’s old pension scheme promise. Recent state polls showed mixed reactions. The newly announced Unified Pension Scheme came ahead of upcoming elections, backed by promises of funding and intergenerational equity.
