India’s young workforce is making the country a global powerhouse of skilled talent, said Prime Minister Narendra Modi, while extending his best wishes to over 8 lakh graduates nationwide. The PM shared this in a written message at the Kaushal Deekshant Samaroh 2024 – Skill Convocation Ceremony, organised by the Ministry of Skill Development and … Read more
Rajasthan Chief Minister Bhajan Lal Sharma on Saturday inaugurated the renovated and upgraded Terminal-1 of the Jaipur International Airport, saying the facility re-opened after almost 11 years is set to benefit tourists as well as investors. Speaking on the occasion, the Rajasthan Chief Minister said: "The inauguration of the airport's international Terminal-1 is a symbol … Read more
The Indian startup ecosystem raised around $187 million in funding this week, that included four growth-stage and 13 early-stage deals. At least 21 domestic startups cumulatively raised $187 million across 10 deals between October 21-26. Last week, 39 early and growth-stage startups had raised around $450 million in funding. This week, Singapore’s sovereign wealth fund … Read more
Aimed at promoting the scaling and adoption of impactful AI solutions to enable large-scale socio-economic transformation, the IT Ministry has launched the ‘IndiaAI CyberGuard AI Hackathon’. This hackathon is part of the applications development initiative within the IndiaAI Mission, which seeks to advance the development, deployment, and adoption of AI applications in critical sectors. The … Read more
Union Minister for Electronics and IT and Railways, Ashwini Vaishnaw, on Saturday said the country’s AI mission is advancing with strong collaborations among industry, government and academia. In a post on X, Vaishnaw said he met Meta's Chief AI Scientist Dr Yann LeCun and discussed the country’s potential in AI and skilling the youth. "Met … Read more
Silver could either match or outperform gold in the medium to long term, and is likely to reach Rs 1,25,000 per kg on MCX and $40 on COMEX in the next 12 to 15 months, a report showed on Saturday. Recently, silver has shown impressive performance, gaining more than 40 per cent (year-to-date) and breaching … Read more
As private consumption surges especially in the rural parts of the country, premium brands in FMCG are consistently growing — approximately twice as fast as their non-premium counterparts — and 50 per cent of e-commerce sales stem from the premium and luxury segment, according to a new report. Similar trends are observed in the tech … Read more
In a bid to transform the startup manufacturing ecosystem, the government has formed a strategic partnership with HCLSoftware, a global leader in software solutions. Under the 'Manufacturing Incubation Initiative,’ startups will have access to the ‘HCL SYNC programme for global market exposure, allowing them to showcase their products and services worldwide, thus taking Indian innovation … Read more
In a bid to provide a seamless internet experience to millions of people, the government on Friday released new regulations that will rate buildings for digital connectivity and boost the collaboration between telecom service providers and property managers. The Telecom Regulatory Authority of India (TRAI) released regulations titled ‘Rating of Properties for Digital Connectivity Regulations, … Read more
Amid persistent foreign institutional investors (FII) selling and growing geopolitical tensions, India's foreign exchange (forex) reserves saw a $2.163 billion drop to stand at $688.267 billion in the week ended October 18, data from the Reserve Bank of India (RBI) showed on Friday. Meanwhile, gold reserves increased by $1.786 billion to $67.444 billion during the … Read more