TRI SERVICE ORGANIZATIONS
As AI gains a workplace foothold, US trying to make sure workers don't get left behind
Bridging the digital equity gap through AI education is crucial. Marvin Venay stresses the importance of inclusive initiatives for overcoming barriers. Accessible internet and affordable technology are essential components for empowering individuals with AI knowledge and skills.
How an Israeli firm tried to build anti-BJP narrative during polls
OpenAI claims to have disrupted an AI-based covert operation launched by an Israeli firm that allegedly peddled anti-BJP agenda. In 2021, the BJP government drew flak after Israeli spyware Pegasus was allegedly used to snoop on journalists, Opposition leaders and rights activists
Jury to begin deliberations in Donald Trump's hush money case
Jurors are set to deliberate in Former US President Donald Trump's hush money trial following closing arguments where Manhattan prosecutor Joshua Steinglass accused Trump of participating in a cover-up conspiracy during the 2016 election. Trump's lawyer proclaimed his innocence and questioned the prosecution witness. The trial revolves around hush money payments to stifle embarrassing stories. Trump faces multiple felony charges that could result in imprisonment.
Paytm employees warned of potential job losses after hit from RBI probe
Paytm, the Indian fintech pioneer, signalled job cuts and asset trimming after reporting its first sales decline on record due to a regulatory probe. The company's net losses surged to 5.5 billion rupees, with revenue dropping by 2.6%. Paytm aims to recover by streamlining operations and focusing on core businesses.
In farewell speech, Calcutta HC judge Chitta Ranjan Dash says he's RSS member
Justice Dash said he treated everybody at par, be he a rich or poor person, be he a communist, or from the BJP, Congress or TMC (Trinamool Congress). "All are equal before me, I do not hold any bias for anyone or for any particular political philosophy or mechanism," he said, adding that he tried to dispense justice on the principles of empathy and that "law can be bent to do justice, but justice cannot be bent to suit the law".
All group businesses going through transformation over next couple of years: Shashwat Goenka, RPSG Group
Shashwat Goenka envisions significant growth and transformation across diverse sectors within the RPSG Group. The strategic focus includes retail expansion, innovative health food offerings, client-centric BPO services, and a transition to greener energy sources for sustainable growth.
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Aiming for integration, India's Tri-Service Act notification sets stage for theatre commands
The Indian government has enacted the Inter-Services Organisations (Command, Control and Discipline) Act, facilitating the creation of unified theatre commands, a major military reorganization. This move follows the BJP's manifesto promise to establish military theatre commands for more efficient operations. With the Act in force, military commanders will have administrative and disciplinary powers over personnel from all three services. The creation of integrated theatre commands aims to streamline planning, logistics, and operations, replacing the current 17 single-service commands.
War and trade: As Iran-Israel conflict intensifies, India’s trade vulnerability rises
The Israel-Hamas conflict had already inflated freight cost from $1,000 to $6,000. Now with Iran directly entering the conflict, India’s MSME sector is staring at an economic bloodbath as freight costs are likely to rise to $9,000-12,000, say small traders.
Educated and unemployed: India's angry young voters
The World Bank warned this month that India -- like other South Asian nations -- was "not creating enough jobs to keep pace with its rapidly increasing working-age population". South Asia is failing "to fully capitalise on its demographic dividend", said Franziska Ohnsorge, the bank's regional chief economist, calling it a "missed opportunity".
Russia's security head says the US shares blame for a concert hall attack that killed 144
The head of Russia's national security council suggested that the United States shares blame for the Moscow concert hall attack that killed 144 people, despite the Islamic State claiming responsibility. Russian officials, including President Putin, have accused Ukraine, without evidence, of organizing the attack. Patrushev claimed the attack's "customer and sponsor" leads to Ukrainian special services, controlled by the US. The SCO meeting in Kazakhstan discussed these claims. Russia arrested suspects linked to the attack, alleging they were heading to Ukraine.
The al Qaeda plot to kill Bill Clinton that history nearly forgot
President Bill Clinton and First Lady Hillary Clinton narrowly avoided an assassination attempt during the Asia-Pacific Economic Cooperation summit in Manila in November 1996. Al Qaeda operatives, including Ramzi Yousef, had planted a bomb on the motorcade route. The Secret Service foiled the plot by switching to a back-up route, preventing a potentially deadly attack.
Indian Army to organize tri-services demonstration of live indigenous weapons at Pokharan on March 12
The Indian Army is organizing a tri-services demonstration of made-in-India weapon systems and platforms in Pokharan, Rajasthan on March 12. Prime Minister Narendra Modi, Chief of Defence Staff General Anil Chauhan, and Army Chief General Manoj Pande will witness the exercise.
Birlasoft eyes large clients to lead industry growth
Pune-based software services provider Birlasoft, part of the $2.9 billion CK Birla Group, recently bagged a $100-million-plus deal which was the “first in about three or four years” for the company.
US conspiracy theorists monetize 'Disease X' misinformation
Coined by the World Health Organization to denote a hypothetical future pandemic, "Disease X" is at the center of a blizzard of misinformation that American conspiracy theorists are amplifying -- and profiting from. The conspiracy theories particularly took off after the World Economic Forum -- a magnet for misinformation -- convened a "Preparing for Disease X" panel in January focused on a possible future pandemic.
A decade after MH370, planes still at risk of vanishing off the map
The huge Boeing Co. 777 jet, almost as long as a Manhattan city block and taller than a five-story building, had somehow managed to make itself invisible in the clear night sky. There were 239 people on board. Ensuing search operations combed through some of the deepest ocean floors in the inhospitable southern Indian Ocean, hundreds of miles off Australia’s western seaboard, and found no trace of the main fuselage or any passengers and crew. Of the 3 million components in the 777, just a few fragments washed ashore years later on the east African coast.
Both Nodwin and Sportskeeda biz will grow organically & through acquisitions: Nitish Mittersain, Nazara Tech
Nazara Tech, led by Nitish Mittersain, takes a conservative approach post-IPO, awaiting clarity on taxation. They are expanding in the gaming industry, focusing on e-sports, acquisitions, and scaling businesses for long-term growth. The future of gaming looks promising with emerging technologies like Web3, VR, and AI. Mittersain says: "Our strategy is to acquire good businesses, acquire good management teams, work with them, scale up, generate cash flow, and keep redeploying that cash flow for long-term compounding."
Google rebrands its AI services as Gemini, launches new app and subscription service
Google on Thursday introduced a free artificial intelligence app that will enable people to rely on technology instead of their own brains to write, interpret what they're reading and deal with a variety of other task in their lives.
Current high margin, high NIM business can’t last; banks will need to learn to do things in a lean way: KV Kamath
KV Kamath emphasizes the need for correction in NIMs and a reduction in the cost-income ratio for banks to remain competitive and benefit borrowers. He believes that the financial sector will play a crucial role in India's long-term growth story. Trust and convenience are key factors that banks must focus on, along with effective execution. While the top five banks are expected to remain strong, new entrants face challenges in replicating their established base.
India's growing middle class poised to transform travel landscape
Globally, the middle class is already the largest spender. India is expected to become the fourth largest global spender on travel by 2030, and by then the middle class, with increased purchasing power, will make 47% of its population, say reports by Booking.com-McKinsey & Company, and People Research on India’s Consumer Economy-India’s Citizen Environment (PRICE-ICE), respectively.
Eighth Tri-services Armed Forces Veterans Day celebrated by Eastern Command Headquarters on Jan 15
As a mark of respect to their invaluable contribution in the task of nation building and honouring their sacrifices, India Army carries out regular programmes covering various aspects and requirements throughout the country, sources said.
How many Palestinians have died in Gaza war and how will the counting continue?
A senior Israeli official told journalists on Monday that around a third of those killed in Gaza so far were enemy combatants, estimating their number at less than 10,000 but more than 5,000, without detailing how the estimate was reached. The official said the total count of some 15,000 dead as of Monday given by Palestinian authorities, who do not break down the count between civilians and combatants, is "more or less" right.
Israeli Cabinet approves cease-fire with Hamas that includes release of some 50 hostages
Ahead of Wednesday morning’s Cabinet vote, Prime Minister Benjamin Netanyahu said Israel would resume its offensive against Hamas after the cease-fire expires. It was not immediately clear when the truce would go into effect. The government said the first hostages to be released would be women and children. Israel and Hamas on Wednesday appeared close to a deal that would temporarily halt their devastating six-week war and release dozens of hostages being held in the Gaza Strip in exchange for Palestinians in Israeli prisons.
Palestinian officials say Israeli air strikes hit Gaza hospitals and school
Israeli tanks, which have been advancing through northern Gaza for almost two weeks, have taken up positions around the Nasser Rantissi, Children's and Eye hospitals as well as the Al-Quds hospital, medical staff said ealier, raising the alarm.
Goodwill tries to figure out online commerce
Goodwill, the nonprofit retailer, is expanding its e-commerce presence to generate more revenue and support its mission of providing job opportunities for those in need. The organization, which has faced increasing competition from online platforms specializing in secondhand clothes, launched an online site called GoodwillFinds.
Hamas attack mastermind known as 'The Guest' for staying in different houses every night
Mohammed Diab Ibrahim al-Masri, known as 'El Deif,' is the leader of Hamas' military wing, the Al Qassem Brigades. He has successfully evaded Israeli tracking and assassination attempts for decades by staying in different houses every night. El Deif was behind a series of suicide attacks in 1996 aimed at derailing the peace process.
Real face of this terror organisation has been exposed: Former IDF spokesperson on Hamas attack
Former Israeli Defense Forces spokesperson Avital Leibovich has condemned the recent attacks by Hamas on Israel, stating that it reveals the "terror organization's real face" to the world. She expressed gratitude for the international community's support for Israel and believes that countries are now recognizing the true nature of Hamas.
Terrorist organisation Babbar Khalsa International trying to settle key aides across the world: NIA
Pro-Khalistani banned terror outfit Babbar Khalsa International (BKI) is trying to settle its important members and executors abroad in the countries of their wish, with the help of Pro-Khalistan Elements (PKEs) who are well settled in various countries across the world.
It's official. Meteorologists say this summer's swelter was a global record breaker for high heat
The World Meteorological Organization (WMO) has declared the Northern Hemisphere summer of 2023 as the hottest ever recorded. August alone was the warmest August ever recorded, with temperatures around 1.5 degrees Celsius higher than pre-industrial averages. Last month was not only the hottest August scientists ever recorded by far with modern equipment, it was also the second hottest month measured, behind only July 2023, WMO and the European climate service Copernicus announced Wednesday.
Amazon has drawn thousands to try its AI service competing with Microsoft, Google
Organizations including Ryanair and Sun Life have tried out Amazon Bedrock, a service the company announced in April that lets businesses create applications with a range of AI models
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