Business
Chip policy push: Nvidia in talks with Trump administration on new B30A design for China; security concerns remain, Beijing flags ‘backdoor’ risk – Times of India
Nvidia chief executive Jensen Huang said the company is holding talks with the Trump administration over a potential new semiconductor for China, even as Washington maintains tight curbs on advanced chip sales citing national security.During a visit to Taiwan to meet Taiwan Semiconductor Manufacturing Corp (TSMC), Nvidia’s key manufacturing partner, Huang was asked about reports of a new “B30A” graphics processing unit (GPU) aimed at Chinese artificial intelligence data centres, AP reported. TSMC is the world’s largest chip maker.“I’m offering a new product to China for … AI data centres, the follow-on to H20,” Huang said. “But that’s not our decision to make. It’s up to, of course, the United States government. And we’re in dialogue with them, but it’s too soon to know.”The B30A would be based on Nvidia’s Blackwell technology and is said to run at about half the speed of the company’s flagship B300 chips. Top-end Nvidia processors remain barred from China under US restrictions that seek to limit Beijing’s access to advanced computing power for military and AI applications.Huang praised the Trump administration for recently clearing the sale of Nvidia’s H20 chips to China, which had been halted in April. Approval was granted with a condition that Nvidia pay a 15% tax to the US government on such sales. Rival Advanced Micro Devices (AMD) was asked to pay the same levy on exports of its MI380 chips to China.The approval was part of wider trade talks in which Washington and Beijing agreed to scale back some non-tariff measures. China granted additional permits for exports of rare earth magnets to the US, while Washington removed restrictions on chip design software and jet engines. Following Huang’s lobbying efforts, Nvidia was also allowed to resume H20 sales to Chinese customers.Asked about the tax condition, Huang declined to comment directly but said Nvidia valued the chance to sell H20 chips to China. He also rejected suggestions that such sales carried security risks for the US.“We have made very clear and put to rest that H20 has no security backdoors. There are no such things. There never has. And so hopefully the response that we’ve given to the Chinese government will be sufficient,” Huang said. He added that Nvidia was also in talks with Beijing to assure regulators about the product’s integrity.China’s Cyberspace Administration had recently posted a notice online raising what it called “serious security issues” in Nvidia’s chips. Citing US AI experts, it alleged the processors included “mature tracking and location and remote shutdown technologies.” Nvidia was asked to clarify these claims and provide documentation.Huang said the company was surprised by the accusations. “As you know, they requested and urged us to secure licenses for the H20s for some time. And I’ve worked quite hard to help them secure the licenses. And so hopefully this will be resolved,” he said.Reports in Chinese media have suggested authorities were also angered by comments from US Commerce Secretary Howard Lutnick, who argued that Washington’s policy was to limit China’s access to cutting-edge chips.“We don’t sell them our best stuff,” Lutnick told CNBC. “Not our second-best stuff. Not even our third best, but I think fourth best is where we’ve come out that we’re cool.”China’s ruling Communist Party has prioritised self-reliance in advanced technology but continues to rely heavily on foreign semiconductor know-how.
The government on Thursday kept petrol and high-speed diesel (HSD) prices unchanged at Rs253.17 per litre and Rs257.08 per litre respectively, for the coming fortnight, starting from January 16.
This decision was notified in a press release issued by the Petroleum Division.
Earlier, it was expected that the prices of all petroleum products would go down by up to Rs4.50 per litre (over 1pc each) today in view of variation in the international market.
Petrol is primarily used in private transport, small vehicles, rickshaws, and two-wheelers, and directly impacts the budgets of the middle and lower-middle classes.
Meanwhile, most of the transport sector runs on HSD. Its price is considered inflationary, as it is mostly used in heavy transport vehicles, trains, and agricultural engines such as trucks, buses, tractors, tube wells, and threshers, and particularly adds to the prices of vegetables and other eatables.
The government is currently charging about Rs100 per litre on petrol and about Rs97 per litre on diesel.
Business
Gold price today: How much 22K, 24K gold cost in Delhi, Patna & other cities – Check rates – The Times of India
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The yellow metal had closed at Rs 1,46,500 per 10 grams in the previous session.Since the start of 2026, gold prices have surged Rs 9,600, or around 7 per cent, supported by persistent demand in the physical market. In overseas trade, spot gold slipped USD 12.22, or 0.26 per cent, to USD 4,614.45 per ounce, after having touched a record high of USD 4,643.06 per ounce in the previous session.Here is how much gold costs in major Indian cities today:
Gold price in Delhi today
The price of 22K gold in Delhi is Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Chennai today
In Chennai, 22K gold costs Rs 13,290 per gram, up Rs 10, while 24K gold is priced at Rs 14,498 per gram, higher by Rs 10.
Gold price in Mumbai today
Mumbai markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Ahmedabad today
In Ahmedabad, 22K gold is priced at Rs 13,130 per gram, down Rs 75, while 24K gold costs Rs 14,323 per gram, lower by Rs 82.
Gold price in Kolkata today
Kolkata markets price 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Jaipur today
In Jaipur, 22K gold costs Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Hyderabad today
Hyderabad sees 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold is priced at Rs 14,318 per gram, lower by Rs 82.
Gold price in Bhubaneswar today
Bhubaneswar markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold costs Rs 14,318 per gram, lower by Rs 82.
Gold price in Patna today
In Patna, 22K gold costs Rs 13,130 per gram, down Rs 75, while 24K gold is priced at Rs 14,323 per gram, lower by Rs 82.
Gold price in Lucknow today
Lucknow markets see 22K gold priced at Rs 13,140 per gram, down Rs 75, while 24K gold costs Rs 14,333 per gram, lower by Rs 82.
One of Britain’s most prolific rail fare dodgers could face jail after admitting dozens of travel offences.
Charles Brohiri, 29, pleaded guilty to travelling without buying a ticket a total of 112 times over a two-year period, Westminster Magistrates’ Court heard.
He could be ordered to pay more than £18,000 in unpaid fares and legal costs, the court was told.
He will be sentenced next month.
District Judge Nina Tempia warned Brohiri “could face a custodial sentence because of the number of offences he has committed”.
He pleaded guilty to 76 offences on Thursday.
It came after he was convicted in his absence of 36 charges at a previous hearing.
During Thursday’s hearing, Judge Tempia dismissed a bid by Brohiri’s lawyers to have the 36 convictions overturned.
They had argued the prosecutions were unlawful because they had not been brought by a qualified legal professional.
But Judge Tempia rejected the argument, saying there had been “no abuse of this court’s process”.
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