ANALYSE DATA
India must lead AI revolution, not just participate, says G20 Sherpa Amitabh Kant
Amitabh Kant emphasizes India's potential to lead the AI revolution globally, highlighting the country's active engagement in AI projects. He stresses the importance of AI integration in various sectors like healthcare and logistics to drive innovation and competitiveness.
Australia spy agency moves intelligence data to cloud in Amazon deal
Australia's A$2 billion deal with Amazon Web Services will shift top-secret intelligence data to the cloud, enhancing interoperability with U.S. military. Defence Minister Richard Marles noted resilience via distributed facilities and server redundancy. Rachel Noble highlighted AI's ethical data analysis. Andrew Shearer emphasized a common computing environment. Australia's National Security Agency will build new data centres.
Martech jobs on the rise as digital avenues become prominent in marketing
Digitalization has permeated all sectors, including marketing, which is now adapting to significant shifts in consumer behavior through the rise of marketing technology (martech). Martech blends marketing with advanced software tools to gain consumer insights and track marketing performance, ensuring organizational growth.
Proactive measures against cyber vulnerabilities are vital: Here’s how companies can get started
CEOs and CTOs should prioritize autonomous patching plans to enhance security. Collaboration between security and IT is crucial for effective patching. Analyzing results and ensuring vulnerability compliance are essential. Autonomous patching boosts risk management and operational efficiency, reducing costs and maintaining compliance in a dynamic cybersecurity landscape.
Nifty logs positive returns 9 times in 10 years in July, FIIs net buyers on 8 occasions
Nifty historically delivers positive returns in July with FIIs being net buyers on 8 out of 10 occasions. The month usually ends favoring the bulls, with FIIs making significant investments in Indian equities, indicating a positive sentiment for the market.
HM Amit Shah suggests creation of large ponds in northeast, use of ISRO data for flood control
Union Home Minister Amit Shah has proposed the creation of at least 50 large ponds in the northeast to divert water from the Brahmaputra River, aiming to help tackle floods and develop agriculture, irrigation, and tourism. He also highlighted the importance of using satellite imagery provided by the Indian Space Research Organisation (ISRO) for flood and water management. Shah also highlighted the need to upgrade the forecast system of river water levels for better flood management.
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Why relying heavily on AI for scientific discovery can lead to deskilling of human researchers
AI is playing a significant role in enhancing the speed and scope of scientific discoveries by aiding in hypothesis generation, experimental design, and analysis of large datasets. It has led to breakthroughs like self-supervised learning and geometric deep learning, revolutionizing traditional scientific methods. However, the use of AI raises philosophical questions about the authenticity and reliability of AI-generated insights compared to conventional scientific approaches.
Freshers, take note: Data proficiency is becoming the key to multiple career opportunities
Data analysis is a crucial skill valued by employers across industries. It involves extracting insights from raw data using statistical tools. Lokesh Nigam and Krishna Kumar emphasize its importance in decision-making and career growth.
Why do we make poor investment decisions and how to avoid them
Investing has come to mean a flurry of activity. One must go about acting with assumed expertise, buying, selling, booking profits, revising and reworking. Keeping it simple and staid over the long term is boring in comparison. Poor investment decisionmaking is here to stay. We will crib about outcomes for a while, and then go back to doing the same things.
Let AI plan your trip!
Bags packed and nowhere to go? Let AI lead the way. Travellers are increasingly using smart technology to plan their perfect holiday!
RBI going Hi-tech in regulation, risk management
The Reserve Bank of India is on a drive to raise the use of technology in key areas like supervision and risk management but flagged the downside risks and how widespread the challenges could be in the adoption of Artificial Intelligence and Machine Learning.
View: Our cities need granular heat-risk data, hyperlocal heat action plans down to the ward level
Mungeshpur, north of New Delhi, recorded a record temperature of 52.9°C, raising concerns about urban heat stress in Indian megacities due to urbanisation, humidity, and reports from Mumbai and the Centre for Science and Environment.
Full majority, just majority, hung parliament: S&P Global Market Intelligence analyses scenarios and road ahead for India
S&P Global Market Intelligence anticipates continued policy emphasis on strategic sectors post the Lok Sabha election, regardless of outcomes. Factors influencing voter choices include economic growth, inflation, employment, and foreign policy. The analysis explores three election result scenarios, projecting implications on sectors and foreign policy strategies.
Insurtech startup Coversure raises $4 million in funding from Enam Holdings
Insurtech startup Coversure raised $4 million in pre-series A funding led by Enam Holdings. They plan to build a consumer-centric insurance engagement platform using data intelligence and machine learning capabilities.
How Google and Meta's Ad transparency reports reveal—and conceal—political Ad spend
Despite abundant data, Google and Meta’s ad transparency reports often obscure more than they reveal. While intended to enhance transparency, critics argue they create an illusion of openness, complicating the analysis of political ads and raising concerns about content moderation.
Aurum Analytica: Transforming real estate with Data Science and AI
Aurum Analytica, a data analytics firm in real estate, uses data science and AI. CEO Prakash Tejwani and co-founders Sahil and Vishal discuss the company's mission and growth.
ICMR draws flak from experts over call for BHU study retraction
Universal Health Organisation (UHO) criticizes ICMR for questioning BHU researchers over Covaxin study, calling for academic freedom and data transparency. Study on Covaxin's side effects faces ICMR scrutiny, urging transparency and data access from ICMR. BHU study on Covid-19 vaccine side effects challenges academic censorship by ICMR. UHO condemns ICMR's censorship attempts on BHU's Covaxin study.
PM panel says Muslims are thriving. Math says that’s not true
Muslim population is not rising the fastest, Hindu population growth is not the slowest — this is what an analysis of the dataset used by the advisory panel to the PM shows
CCI chief flags 'opacity of algorithms', potential 'data dominance' concerns in digital markets
Competition Commission of India (CCI) chief Ravneet Kaur highlighted the opacity of algorithms in assessing their impact on competition, emphasizing the need for competition law to evolve in digital markets. The CCI is closely monitoring digital markets to combat anti-competitive practices. Kaur also announced a forthcoming market study on Artificial Intelligence during the 15th annual day event.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
POSH case reporting confined to a fraction of India Inc cos: Study
A recent analysis of 300 NSE listed companies reveals a concerning trend in reporting sexual harassment complaints under the POSH Act. Despite a rise in complaints, many companies reported zero cases, indicating possible non-compliance. Larger companies, with more resources, tended to report more cases, but size alone couldn't explain the low reporting. The findings emphasize the need for better awareness and reporting mechanisms to address workplace harassment effectively.
James Harris Simons: The math wiz who revolutionized investing
Simons was a leading philanthropist who gave away billions during his lifetime to support medical and science research and teaching. His journey had been exciting and intriguing. A maths genius, he was only 23 when he received his PhD from the University of California, Berkeley.
Aggression on vitals of live conduct of polls: EC over Kharge's letter on voter turnout data
The Election Commission condemned Kharge's biased letter on voter turnout data, rejecting mismanagement claims. It advised private concerns to avoid confusion, highlighted voter turnout trends, and votes polled in Constituencies.
Railway minister contradicts Kerala Cong's claim, says Vande Bharat's occupancy is 98 per cent
Ashwini Vaishnaw challenges Kerala Congress's 50% Vande Bharat occupancy claim, proving it's 98%. IRCTC data analysis shows economic disparities in access. Vande Bharat's popularity is evident with over two crore travelers by March 31 this year.
The young backroom players playing a big role in this year's polls
These are grads hired in large numbers by consulting firms specialising in communication and public relations, and well entrenched in the political space.
Log analytics firm Parseable raises $2.75 million from Peak XV's Surge
Nitish Tiwari launched Parseable in 2022. The company focuses on helping businesses handle the growing challenge of log data by storing, managing, and analyzing it using cloud-based solutions. Parseable makes use of open-source formats like Apache Parquet and Apache Arrow to ensure data can be processed and work seamlessly with other systems.
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.
RBI action on Kotak Mahindra Bank: Is your data in other banks safe?
Kotak Mahindra Bank: The Reserve Bank of India (RBI) took action on Kotak Mahindra Bank due to observance of serious deficiencies and non-compliances in the areas of data security and data leak prevention strategy, business continuity and disaster recovery rigour and drill, etc. So did the bank violate Digital Personal Data Protection Act, 2023?
Skills ministry to use Gati Shakti data to chart training
The Ministry of Skill Development and Entrepreneurship (MSDE) has developed a gap-analyser tool that will help it do a one-on-one mapping of the skill training centres around key infrastructure projects and identify the indicative need for skilling, a senior government official told ET. Data from the Gati Shakti portal will help in doing the mapping.
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