INNOVATION AND NEW FORMATS
Job market’s new mantra: Leverage AI, stay relevant
AI courses in India see explosive demand as professionals race to upskill for lucrative roles. Companies value AI for automation and innovation, leading to salary hikes of up to 200%. Cybersecurity demand surges amidst alarming cyber threats. Upskilling platforms offer tailored AI programmes to meet the digital economy's demands. Are you ready for the AI revolution?
OpenAI working on new reasoning technology under code name 'Strawberry'
The project, details of which have not been previously reported, comes as the Microsoft-backed startup races to show that the types of models it offers are capable of delivering advanced reasoning capabilities.
HUA ministry extends deadline for Smart Cities Mission till March 2025
The Union housing and urban affairs ministry has announced an extension of the Smart Cities Mission deadline until March 2025, allowing completion of ongoing projects. This comes after requests from states facing delays. As of July 3, 2024, 100 cities have completed 90% of projects worth Rs 1,44,237 crore, with remaining projects in advanced stages. The allocated budget of Rs 48,000 crore has seen 97 per cent released by the Union government, with 93 per cent funds utilised.
10 Best APJ Abdul Kalam Books: Unlock the Secrets of Leadership and Innovation
APJ Abdul Kalam's books are renowned for motivating and inspiring readers from all walks of life. His works, such as "Wings of Fire" and "Ignited Minds," blend personal anecdotes with profound insights on leadership, education, and innovation. Kalam's writing reflects his remarkable journey from a humble background to becoming India's Missile Man and President, offering invaluable lessons on perseverance, vision, and the power of dreams. His books are imbued with a sense of optimism and a call to action, encouraging readers to aspire for excellence and contribute positively to society. Whether you're a student, professional, or simply seeking inspiration, APJ Abdul Kalam's books provide timeless wisdom and a roadmap to achieving greatness.
Now, here's an India plan
The path to a developed economy by 2047 needs to be sustainable and inclusive. Boosting rural consumption is an immediate requirement. But this can't come at the cost of a disconnected fiscal policy, which may create an untenable level of debt. Similarly, physical and digital infrastructure development needs to be addressed more consciously, keeping in mind broader societal needs and environmental challenges.
The Real Housewives of New Jersey Season 14 reunion cancelled due to THIS reason
Bravo's choice to cancel the reunion special for Season 14 of 'The Real Housewives of New Jersey' (RHONJ) has generated excitement among fans, signaling a notable deviation from the show's customary format.
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Renewable energy accounted for 71 per cent of India's new power generation in FY 24
India's total installed energy capacity has now reached 442 GW, with RE comprising approximately 33 per cent (144 GW) and hydro contributing 11 per cent (47 GW), according to the report by CEEW Centre for Energy Finance (CEEW-CEF).
Maharashtra Day 2024: Wishes, quotes, messages, and images to share on Maharashtra Diwas
Maharashtra Day, observed on May 1 every year, commemorates the formation of the state of Maharashtra in 1960. This article explores the history, importance, and celebrations of Maharashtra Day, highlighting its significance for the Marathi people and the state's rich cultural heritage. Celebrations include parades, cultural events, and flag-hoisting ceremonies, bringing together people from all walks of life to celebrate Maharashtra's achievements and honor its eminent personalities.
The worst part of a Wall Street career may be coming to an end
Generative artificial intelligence is reshaping the landscape of investment banking, particularly in roles traditionally held by junior analysts. AI technologies like those being tested at Goldman Sachs and other major banks are capable of performing tasks that previously took hours or even whole weekends for human analysts. This includes assembling PowerPoint presentations, crunching numbers in Excel spreadsheets, and refining language in financial documents. The widespread adoption of AI in banking could lead to significant changes in hiring practices, with the potential for fewer junior analyst positions and altered job responsibilities for those who remain.
FTAs and new markets will increase India's export to USD 1 trillion by 2030
With these new initiatives, India has seen a surprising surge in exports of precious metals, minerals, automobiles, electronics, pharmaceuticals, organic chemicals, textiles, spices and defence equipment.
Times Group inks pact with Pickleball Asia to start world series
Pickleball, which has become a worldwide sensation in a very short period of time, is a fusion of tennis, table tennis and badminton. Its accessible game-play has attracted enthusiasts of all age groups across the globe as well as sports stars and celebrities, including champions from these three racquet sports. The Times Group is partnering with Pickleball Asia to start this exciting new series on a global stage.
CBSE to conduct trials of open-book exams for classes 9-12; no plans to adopt format in boards
The pilot will be focused on assessing higher-order thinking skills, application, analysis, critical and creative thinking, and problem solving abilities. While the design, development, and review of Open Book Tests is proposed to be completed by June 2024, the pilot testing of the materials in schools is being planned in November-December 2024.
Disney+ revives Goosebumps series for Season 2 with a bold twist, here are the plot teasers
Disney+ has officially confirmed the renewal of the Goosebumps series for a second season. Building on the success of its serialized first season, the revival takes a new turn by adopting an anthology approach, reminiscent of "American Horror Story."
Indian Professionals in Silicon Valley launch initiative to foster innovations
Aimed at leveraging engineering as a powerful tool to address global challenges and improve the quality of life, a group of Indians in Silicon Valley has announced the formation of a global network of Indian professionals dedicated to fostering innovations.
Budget: Government’s big push on infra, innovation and technology to spur growth
The budget's emphasis on the growth and global competitiveness of businesses is aimed at fostering a robust ecosystem for economic growth.
PM's Awards scheme restructured, to recognise performance through targeted beneficiaries
The Prime Minister's Awards for Excellence in Public Administration has undergone restructuring to acknowledge the performance of civil servants based on targeted individual beneficiaries and the implementation of government priority programs. The revamped scheme, aimed at fostering competition, innovation, and institutionalizing best practices, focuses on good governance, qualitative achievements, and last-mile connectivity.
Shoppable video: A captivating format that seamlessly blends entertainment and retail.
The fusion of shoppable videos on e-commerce websites has been made achievable by cutting-edge developments in augmented reality (AR) and artificial intelligence (AI) fields.
MSMEs, sustainability and innovation to be key focus areas: Canon India’s Manabu Yamazaki
Manabu Yamazaki, President & CEO of Canon India asserts supporting SMEs and the startup ecosystem has been a core focus area of the Japanese MNC.
Nazara looking at diverse formats within real money gaming space: Nitish Mittersain
“There is a great opportunity for a company like Nazara to acquire global studios and address the US market. It can be very profitable for us. We have an established playbook and we are kind of doubling down on that strategy. So, pretty excited about what the US market prospects are. Also, pretty excited about the Indian long-term opportunity. We have got our hands in both pies.”
RBI declares formation of repository for fintechs to expand digital payments
The Reserve Bank of India (RBI) has increased the limits on UPI payments to Rs 5 lakh for specific situations and announced the creation of a repository for fintechs. This move aims to expand digital payments and reduce reliance on physical cash or cheques. The limits for UPI transactions made to hospitals and educational institutes have been raised from ₹1 lakh to ₹5 lakh per transaction.
Navigating digital transformation: The crucial role of chief digital officers in crafting Innovative futures
The Chief Digital Officer program recognizes the pivotal role of Chief Digital Officers (CDOs) in steering organizations through the complexities of digital disruption. The program equips CDOs with the knowledge and skills essential to be transformational drivers. Modules focusing on both exploratory and exploitative initiatives provide insights into challenges, opportunities, and strategic objectives. By addressing pitfalls highlighted in a McKinsey report, the program is committed to crafting sustainable solutions for modern problems. The collaboration between ISB Executive Education and Emeritus ensures a quality, collaborative format that maximizes peer-to-peer sharing and includes practical learning experiences.
Startups innovate interview formats for hiring candidates
Sourcing tools, power of social and professional platforms have now become part of hiring strategy.
Sony Innovation Fund invests in webtoon start up firm 'Toonsutra'
Toonsutra has raised an undisclosed amount of funding from the Sony Innovation Fund (SIF). Along with Toonsutra, SIF has supported startups like Lokal, GetVantage, Impact Guru, Medfin, MedPay, Slice, WeRize, and Tricog. SIF is entirely funded by Sony and invests in early-stage businesses.
Eloelo raises $22 million in funding from Courtside Ventures, Griffin Gaming Partners
The funding happened at a valuation of between $100-150 million, founder and chief executive Saurabh Pandey told ET in an interaction, without giving an exact figure. The entire $22 million was in primary funding.
Amazon devices unit morale wanes amid cuts, weak development pipeline
The division, known as Lab126, was a focus for Amazon's founder Jeff Bezos, who portrayed it as an engine for future projects, but more recently it has been buffeted by mass layoffs and key executive departures.
Under Rozgar Mela, PM to distribute 51,000 appointment letters to new recruits in govt depts
Prime Minister Narendra Modi will distribute over 51,000 appointment letters to newly-recruited personnel via video conferencing. The recruits will be joining various central armed police forces and the Delhi Police. The Prime Minister will also address the appointees during the event.
SMEs log into local apps for hyperlocal connect
Small businesses across the country are banking on advertising on homegrown apps for a pan India reach. Industry watchers said the short form video boom that India has been witnessing is what is fuelling this advertising growth.
Small firms eye homegrown apps to build strong footprint beyond metros
Small businesses in India, such as wafer, hosiery, and footwear companies, are turning to homegrown apps to expand their reach and boost sales. These apps provide access to a hyper-local audience and help businesses establish a strong presence beyond metro cities. Companies like VerSe Innovation, ShareChat, and Hipi are attracting local and regional businesses as advertisers, offering cost-effective advertising solutions. The growth of short-form video platforms is driving this trend, allowing advertisers to reach potential customers in tier II cities.
India to host SCO summit in virtual format on July 4
All the SCO member states-China, Russia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan and Uzbekistan-have been invited to attend the summit. In addition, Iran, Belarus and Mongolia have been invited as observer states. As per SCO tradition, Turkmenistan has also been invited as the guest of the chair. Heads of the two SCO bodies-the Secretariat and the SCO RATS-will also be present.
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