FORECAST FUNCTION
IMD plans 3 more radars in Delhi-NCR to improve forecasting capability
In the next two to three years, Delhi-NCR will receive three more Doppler radars, a flood warning model, additional weather stations, and rain gauges to enhance weather forecasting, as announced by IMD chief Mrutyunjay Mohapatra. He clarified that recent heavy rains were not a cloudburst but approached the threshold, attributing the extreme weather event to multiple monsoonal systems and thermodynamic instability.
Spot financial trends using this MS Excel tool and make advanced predictions for investing
MS Excel helps recognise the seasonal patterns, allowing investors to make advanced predictions.
Cosmic Kittens (CKIT) Crypto presale prepares to be the defining Altcoin in 2024 bull market forecast
Crypto market pundits believe Cosmic Kittens (CKIT) is among the altcoins to watch in the year's second half.
Heat is costing India dear. How to prevent it from charring our economy
Indian Institute for Human Settlements (IIHS) estimates that failing to address climate change, notably heat, could cost India up to 2.3% of GDP by 2023, and 6.7% by 2050. India can't roll the heat back. But we can prevent it from charring our economy and grilling India's liveability.
Poll predictions not weather forecasts
Voting in elections involves individual choices affecting collective outcomes, with strategies based on expectations of majority or minority influence. Predicting election results is complex, with exit polls offering insights into collective behavior.
Apple shares jump 7% as record buyback, sales growth forecast lure investors
Apple shares jumped nearly 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China.
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View: AI needs to be kept under an IA eye
Gartner's report predicts that global end-user spending on security and risk management (SRM) is expected to rise by 14.3% in 2024, with security services being the largest area of total SRM end-user spending at 42%. The increasing adoption of AI by firms necessitates the security of AI systems from threats and vulnerabilities. Internal audit (IA) plays a crucial role in ensuring AI security controls are established and effective in mitigating risks.
ISRO to launch INSAT-3DS Meteorological Satellite today: Check launch time and significance
ISRO is set to launch the INSAT-3DS meteorological satellite today, aimed at enhancing weather forecasting and disaster warning capabilities. The satellite, part of the GSLV F14 mission, will be launched from Sriharikota spaceport at 5.35 pm Saturday. INSAT-3DS will provide crucial data for monitoring Earth's surface, oceanic observations, and atmospheric parameters. The mission, fully funded by the Ministry of Earth Sciences, marks a significant milestone in India's space exploration efforts.
Oil prices roughly flat as unclear demand scenario weighed
Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts.
AMD boosts AI chip forecast by $1.5 billion—not enough for Wall Street
AMD's near doubling of its AI processor projections to $3.5 billion was not enough to meet Wall Street's lofty projections for the company's AI fortunes, or assuage the pain of a significant drop in its programmable chip and videogame businesses.
From farmers tilling land to jawans guarding borders, IMD touching every life: VP Dhankhar
Vice President Jagdeep Dhankhar praised the India Meteorological Department (IMD) for its timely forecasts of weather events such as cyclones, which have saved lives and protected vessels. He highlighted the precision of the IMD's predictions and emphasized its role as a safety net for the nation. Dhankhar launched the IMD's 150th anniversary celebrations and unveiled new initiatives, including the 'Mausam' mobile app and the National Framework for Climate Services.
Chipmaker NXP forecasts profit above estimates on resilient auto, industrial demand
NXP in September said automotive demand was "pretty good" across all its markets, including China, which contributes about 30% to the chipmaker's total revenue.
Financial Acumen for COOs: Strategic Financial Management and Decision-Making
Chief Operating Officers (COOs) in today's business landscape need to have strong financial acumen to drive operational efficiency and strategic decision-making. Financial acumen helps COOs in resource allocation, performance measurement, strategic decision-making, and collaboration with other executives.
Supply Chain Management: How COOs Can Optimize Logistics and Demand Forecasting
The role of the Chief Operating Officer (COO) in supply chain management is crucial for optimizing logistics and demand forecasting. COOs can implement strategies such as streamlined transportation, efficient warehouse management, innovative last-mile delivery methods, and vendor collaboration to enhance operational efficiency and cost-effectiveness.
Facebook parent Meta sees advertising jump, tops Wall Street targets
The results from Meta, Facebook's parent company, come a day after a strong performance from Alphabet's Google and make the case that consumers, and the advertisers eager to reach them, are spending despite broad economic concerns.
Innovation in EVs seen denting copper demand growth potential
The engineering changes include shifting to more compact batteries where cells do not have to be wired into modules, using thinner copper foil in battery cells and shifting to higher voltage systems that will require less wiring.
IMF cuts India's FY24 GDP forecast to 5.9%
“Over the medium term, the prospects for growth now seem dimmer than in decades,” the IMF said in its flagship World Economic Outlook, lowering the global growth forecast for 2023 to 2.8% from 2.9% estimated earlier and sharply lower than the 3.4% expansion in 2022.
How key economic indicators shaped up before RBI’s policy decision
The Monetary Policy Committee is expected to raise the repo rate, the rate at which it lends to banks, by 25 basis points like in February, but lower compared with 35 bps increase in December and sharp 50 bps rate hikes in each of the three meetings in June, August and September.
The importance of sensing, analysing, and responding at speed for future supply chain planning
The supply chain planning processes and tools must transform to include the ability to sense, analyse, and respond quickly.
Why World Bank revised India's GDP forecast upwards
In its latest India Development Update, the World Bank said the revision was due to higher resilience of the Indian economy to global shocks and better-than-expected second quarter numbers.
After Bengaluru, now Pune hit by heavy rains; vehicles submerged, roads turn into rivers. See pics
The India Meteorological Department (IMD) has issued an 'orange' alert for heavy to very heavy rainfall in Pune and nearby areas over the next two days. IMD said the heavy rainfall was due to the prevailing depression over Odisha and its movement, adding that light to moderate rains would continue till September 15.
The road map for India to sustain decent growth in a slowing world
Infrastructure hopes to ride on the government's commitment made in the budget to spend big on infrastructure. The government must live up to this commitment. Action by GoI on two other fronts is crucial as well, to sustain the gathering growth momentum. One is energy, the other is social peace.
Boom cycle probably over; start raising more cash: Maneesh Dangi
“Today’s markets rally and the ferocious rally that we have had in the last two, three days would still happen in a bad environment because it is about positioning. But I would still bet that this boom cycle in the economy and stock markets perhaps have already ended and we are staring at sharply slower growth not just in the US and world but also in India over the next six to 12 months, with the risk of double dip and a significant risk that asset markets continue to underperform for the next six to 12 months. ”
Big data analytics forecasted to be the most in-demand skill in 2022: Monster Annual Trends Report
With rapid tech adoption across industries and entirely tech-enabled sectors such as IT and BFSI, the role of AI and Machine learning will only continue to grow in 2022, with a significant increase in the demand for related roles. Industry reports further suggest that AI/Machine Learning investments in India will continue to grow at a CAGR of 33.49% till 2023.
Govt prepares for evacuation as cyclone is likely to reach Odisha coast on Dec 4
The forecast said that the low pressure area in south Andaman Sea will intensify into a depression and move towards the coast as a cyclonic storm on December 4 and the Coast Guard has initiated extensive pre-emptive measures in the eastern coast keeping it in view.
‘Mutual fund investing is not about forecasting returns’
The last few months have seen a spate of equity NFOs (New Fund Offers) in the mutual fund industry, most of which have seen pretty decent collections.
IMD forecasts very heavy rainfall in 7 Odisha districts
The IMD issued Red warning for Puri, Khurda, Cuttack, Jagatsinghpur, Kendrapada, Dhenkanal and Nayagarh districts, Orange warning (isolated heavy to very heavy rainfall) for six districts and Yellow Warning (isolated heavy rainfall) for eight districts.
India's growth to start hitting 6.5-7 per cent from FY23 onwards: CEA Krishnamurthy Subramanian
Subramanian said various reforms undertaken by the government in sectors such as agriculture, labour, export PLI scheme, change in MSME definition, creation of the bad bank, privatisation of public sector banks among others, are going to push growth.
Infosys to roll-out new functions on India's income tax e-filing portal
In his address, Infosys Chairman Nandan Nilekani underlined the software services giant’s preparedness for what he termed as another year of “market-leading performance” despite uncertainties that the Covid-19 pandemic has thrown up in 2021.
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