EMERGING TECHNOLOGIES
Imposition of emergency had plunged the world's largest democracy into darkness, says VP Jagdeep Dhankar
Recalling the dark days of an emergency, Dhankhar asserted that the days of emergency will never be seen again as the constitutional democracy is very strong in Bharat and now constitutionally guaranteed at the village, State, and Union levels.
US & India can achieve headway in defence, technologies & economic prosperity in Modi 3.0: Garcetti
US Envoy Eric Garcetti highlights Modi 3.0 as an opportunity for "ambitious India" and "ambitious America" to achieve progress in defense partnerships, critical technologies, and economic prosperity. Congratulating PM Modi on his third term, Garcetti emphasizes enhancing bilateral relations to benefit global democracies and the Indo-Pacific. Reflecting on past achievements, including over 150 agreements, Garcetti underscores resilience during elections, affirming continuous US-India collaboration. He praises India's development and global role, citing advancements in healthcare and global security efforts, and celebrates the country's transformative journey towards prosperity and international influence.
Elastocalorics, carbon-capturing microbes among top 10 emerging technologies: WEF
The WEF said these top 10 emerging technologies focus on applications in health, communication, infrastructure and sustainability. The report also states AI will enable researchers to make unprecedented connections and advancements in understanding diseases, proposing new materials, and enhancing knowledge of the human body and mind.
This large-and mid-cap equity mutual fund gave 18.5% returns in five years; should you invest?
Canara Robeco Emerging Equities: This fund shifted its positioning from a mid- and small-cap offering to its current large- and mid-cap mandate a few years ago. It retains preference for businesses with improving fundamentals or experiencing temporary setbacks. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Asian earnings growth to outpace US and Europe, India's growth momentum strong: Report
The analysis by CLSA, citing Bloomberg's projections, forecasts that Asian earnings growth will surpass that of the US and Europe for both this year and the next. This positive outlook is in line with the Reserve Bank of India's (RBI) prediction of a robust 7.2 per cent growth rate for India in fiscal year 2025.
Elon Musk's Starlink brings internet to Amazon tribe isolated for 1,000 years; Now they face porn addiction
The remote Marubo tribe in the Amazon has connected to the internet via Elon Musk's Starlink, bringing both benefits and cultural challenges. While it aids in emergency responses and communication, concerns arise over its impact on youth behavior and cultural preservation. The tribe grapples with balancing modern technology's advantages and maintaining their traditional way of life.
DoT to undertake MSME survey to push industry 4.0 applications
The Department of Telecommunications (DoT) plans a 60-day survey of MSMEs to aid their adoption of 5G and 6G technologies. The survey aims to understand the challenges MSMEs face in adapting to Industry 4.0 technologies, targeting at least 10 sectors to foster innovation. Proposals are due by June 11, 2024.
Sinking profits bring reality check to AI-driven rally in emerging market stocks
Unilever Plc’s Indian unit reported a 5.5% drop in net income for the first quarter, missing analyst estimates. Behind the decline was sluggish rural demand combined with high net-worth urban consumers pivoting to other brands. Similar trends can be seen elsewhere, with Chilean retailer Cencosud SA, restaurant chain operator Yum China Holdings Inc. and Swiss-South African jeweler Compagnie Financiere Richemont SA all delivering weaker-than-expected results.
Why has Quant Large Cap fund been an outperformer? Shweta Rajani answers
I will highlight two-three points over here. One is definitely a size advantage that a Quant would have, so I am talking about a thousand crore fund versus a 35,000 crore fund, so that helps in the agility of the fund manager to actively manage.
Improvement in tech, backend processes & team strength needed to achieve IRDA objective: Shweta Rajani
It is welcoming move what IRDA has done because it now means that one within three hours in a normal case the insurance company has to authorize the entire documentation and the claim approval has to go through, not only that they are also emphasising that there should be a 100% claim and any claim rejection by the insurance company would internally need internal explanations and approvals.
Pakistan does not adhere to 'no first use' of nuclear weapons policy: ex-Army official
Pakistan does not adhere to a "no first use" policy on nuclear weapons, clarified Lt Gen (retd) Khalid Ahmed Kidwai, Adviser to the National Command Authority, during a seminar commemorating the 26th anniversary of Pakistan's 1998 nuclear tests. Kidwai emphasized that Pakistan's nuclear deterrence capabilities are fully operational and ready to respond to any threats, underscoring that Pakistan maintains strategic ambiguity regarding its nuclear stance.
GCCs see regulatory compliance as key for India expansion: Survey
Global capability centres (GCCs) operating in India have made it a priority to understand local compliance norms amid an evolving regulatory and GenAI landscape, as per a Nasscom-KPMG survey report.
Beacon Trusteeship IPO to open on May 28; sets price band at Rs 57-60/ share
Leading debenture trustee Beacon Trusteeship Ltd on Wednesday said it is aiming to raise a little over Rs 32 crore through its initial share-sale opening for public subscription on May 28.
Mother set of Multibaggers: Evolution of EV ecosystem and emergence of new winners from auto ancillary space
Whether it's institutional or retail investors, the desire to find the next multibagger is always high. But it is not easy to find multibagger stocks for multiple reasons. In the last 30 yearsonly two or three sectors have thrown up multibaggers -- IT, pharma and some engineering or industrial segments. Now the auto and auto ancillary sectors are transforming. From next Sunday onward, we take a deep dive into individual auto ancillary companies which have either transformed due to EV space or are changing themselves or will go down as they are not relevant in new age of EV.
First global showcase of deeptech startups by SanchiConnect in collaboration with ThinKuvate in Singapore
Deeptech startup enablement community SanchiConnect announced its upcoming delegation to Singapore for EchelonX and fundraising program designed for community startups.
Ambulances startup Red.Health raises $20 million led by Jungle Ventures
Hyderabad-based startup Red.Health will use the fresh capital to innovate its product, advance its technology, and improve its dispatch system to minimise human errors and optimise response time.
Digital India sparks rush for new-age software engineers
Demand for software engineers trained in emerging technologies is rising, creating 9-10 lakh additional jobs in the next 18 months. The surge is fueled by advancing technology and digital adoption, leading to fresh opportunities in AI and related fields like AI specialists and data scientists. GenAI is enabling non-technical employees to become citizen developers.
SP Jain Institute launches Wise Innovation Studio for Emerging Technologies
SPJIMR's WISE Tech fosters societal advancement through wise innovation with initiatives like accelerators, Entrepreneurship Fellowship, and Wise Innovation Conclave. Manoj Mohan leads the executive team, supported by R. Ramanan and Haresh Chawla from True North.
Are your Apple iTunes and Google Chrome apps vulnerable? CERT-In issues advisory
CERT-In has issued a cautionary advisory concerning security risks in Apple iTunes and Google Chrome desktop applications. These vulnerabilities, if exploited, could allow malicious actors to execute arbitrary code on targeted systems. The advisory specifically mentions vulnerabilities in older versions of Apple iTunes and certain versions of Google Chrome for Desktop. CERT-In urges users to promptly apply security updates provided by the companies to mitigate these risks and safeguard their systems.
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