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Meta Is Developing 4 New Chips to Power ...

Meta Is Developing 4 New Chips to Power Its AI and Recommendation Systems

Meta Is Developing 4 New Chips to Power Its AI and Recommendation Systems ## Meta Accelerates In-House AI Silicon Development with New Processor Designs **Menlo Park, CA** – Meta Platforms, Inc. is reportedly advancing its strategic initiative to design and deploy custom silicon for its... read more »

Nvidia Will Spend $26 Billion to Build O...

Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show

Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show ### Nvidia Poised to Disrupt Generative AI Landscape with Ambitious Open-Source Initiative **Santa Clara, CA** – In a strategic maneuver that could significantly reshape the competitive dynamics of the artificial... read more »

Iran Warns US Tech Firms Could Become Ta...

Iran Warns US Tech Firms Could Become Targets as War Expands

Iran Warns US Tech Firms Could Become Targets as War Expands ### Iranian Media Signals Potential Digital Retaliation Against US Tech Giants **Tehran, Iran** – Amidst escalating geopolitical tensions, Iranian state-affiliated media outlets have identified prominent United States technology... read more »

In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.
Piped cooking gas users feel heat of LPG...

Piped cooking gas users feel heat of LPG crisis, scramble to stock up

Piped cooking gas users feel heat of LPG crisis, scramble to stock up **Piped Gas Supply Disruptions Create Scramble for Hyderabad Residents** Residents of numerous gated communities and high-rise apartment complexes in and around Hyderabad are currently experiencing significant disruptions to... read more »

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US defends Mehsud’s killing amidst admitting tensions with Pak

Mehsud killing seen as major victory by US media

Washington – The reported death of Pakistan Taliban chief Hakimullah Mehsud in a US drone strike has been described as a “victory” by the US media, but analysts also cautioned that... read more »

979 died in Iraqi violence in October

979 died in Iraqi violence in October

Baghdad – As many as 979 people were killed and about 1,900 injured following violent incidents in different parts of Iraq during October, a... read more »

18 killed in armed attack in Yemen

18 killed in armed attack in Yemen

Aden – At least 18 people were killed and over 50 injured Friday in an armed attack by Shiite Houthi rebels in Yemen’s northern province of Saada,... read more »

Turkey warns over WMDs being threat to world peace

Turkey warns over WMDs being threat to world peace

Istanbul – Turkish President Abdullah Gul warned here Friday that concerns about the spread of weapons of mass destruction (WMDs) are mounting with each... read more »

China assumes UN security council’s rotating pres...

Man jailed 5 years in China for flight bomb hoaxes

United Nations – China Friday assumed the rotating presidency of the UN Security Council (UNSC) for November. Liu Jieyi, China’s permanent... read more »

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