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    AGRICULTURE DATA MANAGEMENT FRAMEWORK

    Thirst Trap: Water sustainability issues loom over India's booming data centre industry

    India's data centre industry is booming, driven by significant investments from companies like Adani Enterprises. However, this growth raises concerns about the substantial water consumption needed for cooling in water-scarce cities. Operators are adopting alternative cooling technologies like air-cooled chillers to reduce water use. Despite these efforts, India lacks a national policy on data centre water usage. Experts call for sustainable practices to balance industry growth with water conservation.

    South India's data centre market to witness 65% capacity growth by 2030

    South India's data center market is experiencing significant growth, particularly in key cities like Chennai, Bangalore, and Hyderabad. The region is expected to significantly impact the global data centre landscape with an anticipated 65% increase in capacity by 2030. The combined installed data center capacity in these cities is around 200 MW, with 190 MW currently under construction and 170 MW in the planning stages.

    CFOs, auditors must follow regulations in letter and spirit says RBI

    RBI emphasizes the importance of CFOs guarding against fraudulent transactions and misuse of internal accounts. Auditors advised to enhance cybersecurity measures and scrutinize business decisions. Future audit expectations include addressing climate risks and technology challenges.

    Pumps, pipes, credit, mass housing and employment generation could be the focus areas in Budget: Yogesh Patil

    ​Manufacturing focus from government actually will create higher jobs and improve the per capita income. So, mass consumption category, which has not done well in last two years, is expected to do well in coming years.

    AI became the teacher of the year

    AI is transforming the landscape of education as lecturers and EdTech platforms across the country utilise the technology for teaching, testing, and assessment. Generative artificial intelligence (AI) tools such as ChatGPT have found their way into Indian classrooms. However, AI also presents potential drawbacks. It may stifle creative thinking among young learners due to an over-reliance on technology.

    Union budget 2024: Making a case for sustainable agrarian practices and inclusive growth

    Budget: Modi's recent focus on PM-Kisan Samman Nidhi aimed to support farmers. The upcoming Union budget may lean towards populism, highlighting the exclusion of tenant farmers in schemes like PM-Kisan. Challenges such as irrigation and labour shortages limit productivity, emphasizing the need for sustainable practices.

    • Fortifying the Digital Frontiers against Cyberthreats
      The worrying changes in India’s monsoon patterns have implications for everything from agriculture to health

      Take Maharashtra, 80% of which is rainfed. In areas such as Vidarbha and Marathwada, the onset of monsoon is now late. After a small pickup in July, there is a break in rainfall in August, lasting up to three-four weeks during the fruit formation phase. The wet spell starts again in September and continues well into October, when it should be dry. This isn't limited to Maharashtra. Several critical areas considered the breadbasket of India—Bihar, West Bengal and Uttar Pradesh—are witnessing the same pattern.

      How GenAI is opening up new revenue streams for IT firms and GCCs

      The rise of generative AI (GenAI) presents an opportunity for IT firms to unlock new revenue streams. Companies like Accenture, Infosys, and Tech Mahindra, alongside global capabilities centers (GCCs), are seeing a surge in data standardisation work. This is driven by the vast amount of "uncleaned/unstructured" data held by their clients and parent companies.

      Northeast floods: Home Minister Amit Shah backs use of satellite imagery provided by ISRO

      Union Home Minister Amit Shah proposed creating 50 large ponds in the Northeast to divert Brahmaputra water for flood management, agriculture, and tourism. He emphasized using ISRO satellite imagery for water management and preparing for Glacial Lake Outburst Flood (GLOF) risks.

      After electoral setback, Modi may be forced to amend India's food policy

      Facing policy challenges after recent election losses, Indian Prime Minister Narendra Modi grapples with controlling food inflation without angering farmers through export curbs and increased imports. With crucial provincial elections looming, Modi must balance economic measures and farmer interests to maintain political stability and address rural discontent.

      IBBI proposes compliance procedures for IPs, seeks stakeholder feedback

      The Insolvency Bankruptcy Board of India (IBBI) has proposed changes to the corporate insolvency resolution process (CIRP) forms and compliance framework to reduce compliance burden on insolvency professionals. The changes aim to reduce the amount of information and data required, enhance efficiency, and reduce redundancy.

      SLCM Group secures second Agri Reach application patent for real-time quality control monitoring in warehouses

      SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.

      Modi 3.0 has heavy lifting to do on tax reforms to managing stock risks

      Economists outline key priorities for India's incoming government, emphasizing the need for growth, job creation, and macro stability. Pronab Sen highlights the importance of sustainable livelihoods, while Pranjul Bhandari suggests that 'easy' reforms could maintain 6.5% growth. However, achieving 70 million jobs requires politically sensitive reforms in agriculture, labor, and land. Additional recommendations include infrastructure investment, judicial reforms, enhancing export competitiveness, and further tax reforms, particularly bringing petroleum and power under GST.

      ISRO working on mission to advance high-resolution thermal imaging for climate, resource management

      The TRISHNA mission, a collaboration between ISRO and the French space agency CNES, aims to monitor Earth's surface temperature, water stress, and water quality for energy budgeting. The launch schedule is undisclosed.

      The show must go on: Push agriculture, make states fiscally responsible, avoid the middle income trap & stick to the PoA

      The Indian electorate has defied predictions of certainty, but the economic agenda for India remains unchanged. Despite impressive economic progress since 1991, India remains a low-middle-income economy. Policy priorities include urban expansion, modernization of agriculture, tackling unemployment, and addressing state-level disparities. Additionally, India must prepare for challenges such as aging populations and technological advancements to sustain growth.

      RBI releases finalised framework for Indian fintech sector's self-regulatory body

      The Reserve Bank of India (RBI) has finalized a framework for self-regulatory organizations (SROs) in the fintech sector, considering stakeholder feedback on draft norms from January 15. These SROs will be industry-led, responsible for regulatory standards, ethical conduct, market integrity, dispute resolution, and fostering transparency, the central bank said in a statement.

      The rising importance of the chief trust officer

      Businesses are emphasizing trust by appointing a Chief Trust Officer (CTrO) to oversee trust-building initiatives. This role involves assessing trust levels within and outside the organisation, focusing on domains like corporate culture, compliance, and customer experience.

      National Grid to raise $9 bln in biggest UK rights issue since 2009

      National Grid's 7 billion pounds rights issue for energy networks aligns with UK's decarbonisation goal. CEO John Pettigrew assures stable regulatory framework. Shares drop over 10% amid political risk concerns in the sector.

      Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey shows

      A survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines in 2023, with the highest one-year (40%) and two-year (38%) attrition rates. Infant attrition was the highest among Graduate in Management (BBA / BCom /others) degree holders, with 33% of fresh hires leaving organisations in less than a year of joining. However, the survey showed a reduction in attrition rates from 2022, with MBA hires from Top-10 and Tier-1 colleges attriting at 24% (infant), 40% (one-year), and 38% (two-year) in 2023.

      Capital markets and dispute resolution will keep law firms busy in coming years: Harry Chawla, Luthra and Luthra Law Offices

      Technology integration drives legal sector growth, with rising demand for regulations, advisory services, and increased M&A activity. Focus on AI, blockchain, data privacy, cybersecurity, and geographical expansion to enhance client service and efficiency.

      Meghalaya State Council address the need for framework to protect catchment areas from further degradation

      Meghalaya State Council on Climate Change & Sustainable Development discussed amendments to the Meghalaya Protection of Catchment Areas Act, 1990 to protect critical areas from degradation. The meeting under Chief Minister Conrad K. Sangma focused on leveraging community institutions for climate action, highlighting the development of a GIS-based technology platform for village-level interventions.

      Boom in e-commerce opens door for multiple jobs at all levels

      The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.

      Why contaminated foods can easily enter your kitchen

      Though India has a food regulator, the actions regulators abroad take on exported foods seem to get wider attention. There is a danger of trust deficit that needs urgent attention through better testing, penalties, and transparency.

      Disincentivise crop burning effectively

      GoI directs states to withhold MSP benefits from stubble-burning farmers, following Supreme Court's disincentive recommendation. Strategies like in-situ residue management face challenges due to quick field-clearing through burning, slow implementation, and inadequate outreach to farmers.

      How AI and data can bring another green revolution in India

      India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers make informed decisions. AI aids resource management and environmental conservation, but widespread adoption requires collaboration. Farmers' active engagement with data transforms them from beneficiaries to contributors, ensuring a sustainable agricultural future driven by technology.

      How lenders manage risk in MSME lending when credit history is not available

      Some of the traditional methods used for credit assessment of businesses such as using credit history to predict behaviour or analysing cash flows and profitability using bank statements and financial statements are not very helpful.

      AdaniConneX sets benchmark with construction financing framework of $1.44 billion

      AdaniConneX, a joint venture, raised USD 1.44 billion in India's largest sustainability linked financing. The construction financing pool now stands at USD 1.65 billion, focusing on advanced technologies and environmental solutions, with support from international lenders and industry partners.

      'Harvesting data': Latin American AI startups transform farming

      For centuries, farmers used almanacs to try to understand and predict weather patterns. Understanding how water moves, how wind moves, how different solar exposures operate throughout your farmland,"is a media partner this year.

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