ACCESS
New system to ease FPI access to Gsecs awaits RBI nod
Foreign investors seek improved access to Indian bonds through global platforms, awaiting RBI approval. The new model aims for efficient trading with straight-through processing on the NDS-OM platform.
Govt websites, apps set to get an accessibility reboot soon
The ministry of electronics and information technology will anchor this project and suggest ways to improve page and website loading times, have better user interfaces on websites and apps, and make them more accessible for people with disabilities, an official said.
India has the second-highest open access quantum computing users after US, says IBM executive
In an interview to ET, Jay Gambetta, vice president of IBM Quantum, said he saw big opportunities for India to become a pioneer in quantum computing in use cases as varied as sustainability and green hydrogen, efficiency of CO2 recapture process or nitrogen in agricultural yield and logistics.
M1xchange and Andhra govt ink MoU to boost MSME financial access
M1xchange partners with Andhra Pradesh to provide quick working capital access for MSMEs through TReDS, ensuring timely payments and improved cash flow. The platform aims for a throughput value of Rs 72,000 crore by 2025, offering collateral-free financing for small enterprises in the state.
India, Pakistan exchange lists of civilian prisoners, fishermen in each other's custody: MEA
Pakistan has been requested to ensure the safety, security and welfare of all Indian and believed-to-be-Indian civilian prisoners and fishermen, pending their release and repatriation to India, it said. The MEA said India remains committed to addressing, on priority, all humanitarian matters, including those pertaining to prisoners and fishermen in each other's country.
EU releases Euro 1.9 billion for Ukraine, days after launch of accession talks
The European Union on Thursday disbursed Euro 1.9 billion to Ukraine amid its ongoing conflict with Russia. The funds, provided under the Ukraine Facility, are intended to support the Ukrainian state during this challenging time. European Union President Ursula von der Leyen stated the purpose of the funds.
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In 2020, only 4% could not access an urban centre in India, reveals study
In 2020, only four per cent of India's population lacked access to an urban centre, according to a study published in the journal Nature Cities. The research, led by the Food and Agriculture Organization (FAO) of the United Nations, Italy, examined over 30,000 urban centres globally. The study highlighted that three per cent of India's population could only reach towns within an hour of travel.
SunSource Energy commissions 3 open access solar plants in Uttar Pradesh
Solar solutions provider SunSource Energy on Tuesday announced the commissioning of three open access solar power plants totalling a capacity of 45 MWp in Uttar Pradesh. Located in Jhansi and Lalitpur districts on a combined area of 150 acres, these projects have a total capacity of 45 MWp and signify the continued commitment of SunSource Energy to expanding its footprint in the state, a company statement said.
TRAI directs telcos to make spam complaints user friendly on app/web
The Indian telecom regulator, the Telecom Regulatory Authority of India (TRAI), has directed service providers to make their mobile apps and web portals more user-friendly for complaint registration. The regulator has mandated that options for UCC complaint registration and preference management should be easily accessible on these platforms.
Shopify expands access to its AI-powered features to attract more businesses
Customers can now use its editing tool on their smartphones to enhance images used in promotional materials, including emails, the Canada-based firm said at its biannual products event. The feature was previously restricted to only editing product images online.
India bond yields seen little changed amid lack of fresh cues
Indian government bond yields are expected to hold steady on Monday, moving in a 6.95%-6.99% range. Inflows under the FAR, crossing $10 billion, and foreign banks' increased bond purchases ahead of the inclusion affect U.S. Treasury yields.
These 8 smallcap stocks with low PE ratios can rally up to 25%
Low PE stocks, often regarded as value stocks, are typically favoured for long-term investments. According to Trendlyne data, Narayana Hrudayalaya, CreditAccess Grameen, and PNB Housing Finance are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 25%, as suggested by Trendlyne data. Here is a list of 8 smallcap stocks from the Nifty Smallcap100 index with below industry PE levels that can rally up to 25%:
Call of Duty Black Ops 6: All we know about release date, platforms, editions, plot and beta
Call of Duty Black Ops 6 launches on October 25, 2024. Set during the Gulf War, the game features an innovative campaign, enhanced multiplayer with omnidirectional movement, and the return of round-based Zombies. Available on PC, Xbox, and PlayStation, preorders offer early beta access and exclusive rewards.
‘Access Hollywood’ renewed; here are all the details
‘Access Hollywood’ and its companion show ‘Access Daily’ have been renewed till 2026. The former has more than 1.1 million daily viewers on average and it is this popularity that has led to its renewal.
Modi 3.0: Industry seeks roadmap to cement India's lead in global digital arena, vows support
The Digital Infrastructure Providers Association (DIPA) has expressed full support for India's digital and telecom transformation under the new government, emphasising the need for a clear roadmap to solidify the country's leadership in digital infrastructure. DIPA highlighted the success of initiatives like Digital India and PM WiFi Access Network in enabling broad digital adoption, with Director General Tilak Raj Dua stressing the industry's readiness to collaborate with the government.
Domestic open access solar capacity addition doubles to 1.8 GW in Jan-Mar: Mercom
India added over 1.8 gigawatts (GW) of solar open access capacity in the first quarter of the calendar year of 2024, posting a two-fold increase from 909.3 megawatts (MW) in Q4 2023, the report titled 'Mercom India Solar Open Access Market' said.
Credit cards for international airport lounge access of HDFC Bank, Axis Bank, Yes Bank: Complimentary lounge access, other benefits
Top airport lounge credit cards: The credit cards listed below offer considerable number of complimentary visits to international as well as domestic airport lounges, along with other travel and lifestyle benefits
Concord: Everything we know about Sony's new hero shooter
Sony revealed Concord, a new hero shooter from Firewalk Studios, during their May 2024 State of Play. Early access is available through pre-orders starting June 6, 2024. The beta is expected to run in summer before the full release on August 23, 2024.
Hold meet with all stakeholders on Delhi water crisis, SC tells Centre
The Supreme Court directed a stakeholder meeting to address Delhi's water crisis amid an extreme heatwave. Various issues, including water wastage and shortage, were discussed, with a meeting scheduled for June 5 and the next hearing on June 6.
Amazon adds Grubhub food delivery to its website, app in the US
Amazon already offers no-fee access to Grubhub, to U.S. Prime members. As part of the agreement, Amazon Prime members will continue to be eligible to avail a free Grubhub+ membership worth $120 a year, which includes free delivery on orders above $12.
ChatGPT meets Beckn in FIDE’s AI agent BecknGPT
The AI agent, Beckn Generative Pre-trained Transformer or BecknGPT, is an open-source demonstration app over Open AI’s ChatGPT.
India well positioned as shift to AI happens: Google CEO Sundar Pichai
Pichai, who is also the chief executive of Alphabet, Google's parent company, was talking a day after announcing several of Google's innovations in his keynote address at Google I/O connect, the company's annual developer conference. "AI tools for a lot of our products... India is number one country in terms of user base. To be able to serve them we're committed to bringing the same AI tools," Pichai said.
Govt eyes pvt-public cloud model for chip designs for easy access
This facility will provide easy access to chip and packaging designs to startups, researchers and small firms, as per the plan.
Centre plans a unified portal for all digital public goods
In a move to streamline access, the government is developing a central platform to house all its digital public goods (DPGs). This one-stop portal aims to simplify citizen interaction with services like Aadhaar, UPI, and ONDC.
US eyes curbs on China's access to AI software behind apps like ChatGPT
Biden admin plans to regulate AI models export to China. Commerce Dept may use computing power threshold. Concerns about AI's role in bioweapons, cyber attacks. Challenges in defining export criteria.
Only 3% women entrepreneurs in tier 2-3 cities have access to external funding: study
Merely 3% of women entrepreneurs in India's tier II and III cities had access to bank loans or equity investments. The study highlighted the need to close the gender gap in employment and the lack of data on women entrepreneurs.
Financial credit a challenge for almost half of women entrepreneurs in MSMEs: report
A ‘Bharat Women Aspiration Index Report’ by Tide India reveals a critical gap: 95% of surveyed women lack awareness of government schemes that could help finance their businesses, forcing them to rely on informal lenders.
GPU access: Govt may chip in with Nvidia deal
India plans Nvidia deal for GPUs under AI Mission to offer subsidised units to startups. Global trend shows China, US securing AI infrastructure with Nvidia GPUs. Indian companies seek GPUs for AI competitiveness.
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