Author: News Desk
India is poised to achieve remarkable economic growth, potentially reaching a $10 trillion economy and securing the third-largest global economy position in the near future, according to World Economic Forum President Borge Brende. Brende expressed admiration for India’s unique sense of optimism amid a world marked by fragmentation and polarization. In an exclusive interview with PTI, Brende highlighted India’s status as the fastest-growing economy among major global players. He emphasized the substantial interest in India showcased at the recent Davos meeting and expressed the WEF’s intention to host the WEF India Summit in partnership with the Indian government when the…
To enhance the reliability and authenticity of driving licences issued within the state, the government has introduced stringent measures governing the driving licence test and issuance process. The decision stems from a collaborative effort between the state government and the Transport Department to uphold the integrity of driving licences. Transport Minister KB Ganesh Kumar had previously hinted at forthcoming changes, emphasising the need to eliminate any laxity in the issuance of licences. Under the new regulations, applicants are subjected to a comprehensive evaluation covering diverse driving conditions and terrains to ensure competency behind the wheel. The latest directives set forth…
Mukesh Ambani, the visionary billionaire behind Reliance Industries, has embarked on a groundbreaking journey in the realm of artificial intelligence (AI). Partnering with the esteemed IIT Bombay and eight other Indian Institutes of Technology, Ambani’s Seetha Mahalaxmi Healthcare (SML) has unveiled “Hanooman,” an innovative series of large language models (LLMs) tailored to 22 diverse Indian languages. This ambitious endeavour, known as “BharatGPT,” seeks to democratise AI access in India’s rich linguistic tapestry. Hanooman’s Multimodal AI Capabilities Hanooman transcends traditional language models by embracing “multimodal AI capabilities.” Not confined to text alone, this cutting-edge AI can comprehend and generate content across…
Astra Tech, the leading consumer technology holding group in the MENA region, has announced a significant milestone in the fintech sector. In collaboration with Mastercard, the company has successfully issued over 100,000 Botim multi-currency cards in the UAE within just four months of their launch. This achievement sets a new benchmark in the UAE market, breaking records for the rapid adoption of fintech solutions. Astra Tech highlighted in a media statement that this milestone underscores the efficiency and innovation of the company while indicating a surging demand for reliable and trustworthy fintech services across the region. Abdallah Abu Sheikh, Founder…
Actor and entrepreneur Suniel Shetty unveiled the inaugural chapter of “Kal Ke Krorepati” (KKK) in Ahmedabad, Gujarat. This pioneering initiative, spearheaded by Shetty, seeks to not only showcase but also support the country’s dynamic startup ecosystem. With Gujarat serving as the launchpad, plans are already underway to expand this model to other states in the near future. A representative of the initiative highlighted its unique approach, describing KKK as an amalgamation of startups, venture capital funds, and investors. Far from being solely focused on fundraising, KKK aims to take a holistic approach towards fostering substantial economic growth in India. The…
Samsung continues to dominate the premium smartphone market with its innovative product range, with a particular focus on meeting diverse consumer needs. The flagship Galaxy S24 series, positioned as a sleek and portable alternative to its bulkier counterparts, aims to redefine industry standards. The Samsung Galaxy S24 breaks away from the trend of bulky flagship smartphones, offering a slim profile of 7.6mm and a lightweight build of 167g. Despite its compact size, it boasts a robust construction with an aluminium enclosure and Gorilla Glass protection, ensuring durability. Moreover, its IP68 rating for water and dust resistance adds to its appeal,…
In the bustling streets of Mumbai, where dreams find their wings and aspirations soar high, lies the tale of Yashasvi Jaiswal, a name synonymous with resilience and unwavering determination. The journey of this young cricketer from sleeping in tents and selling pani-puri to owning a lavish apartment stands as a testament to the triumph of grit over adversity. Yashasvi’s Early Years Yashasvi Jaiswal’s journey to success was anything but conventional. Born to humble beginnings, the son of a small shopkeeper in Uttar Pradesh, Jaiswal’s tryst with destiny began at the tender age of 10 when he set foot in Mumbai…
In a decisive move to safeguard public health, the Tamil Nadu government has enforced a ban on the sale of cotton candy across the state. The ban comes in response to alarming test results from the Government Food Analysis Laboratory, which detected the presence of cancer-inducing chemicals in cotton candy samples. Health Minister M Subramanian has directed stringent measures to be taken by food safety officers following the discovery of Rhodamine B, a harmful textile dye, in select samples of the confectionery delight. The Threat of Rhodamine-B Rhodamine-B, a chemical commonly used in various industries for its colouring properties, has…
Bengaluru-based social networking platform Oopar Club, the startup has successfully raised INR 5 million in its maiden pre-seed funding round. The funding was led by startup community-builder PedalStart, with participation from angel investor Ankitt Jain, Co-Founder of Paper Arizona. This marks a crucial milestone for Oopar Club, which had been self-funded since its inception in 2022. Oopar Club is revolutionizing the social networking landscape with its unique community-driven approach. The platform aims to create a one-of-a-kind ecosystem that empowers adults to forge genuine connections, socialize, and prioritize personal growth, all through a single platform. With a strong emphasis on technology,…
The legal scrubbing process for the proposed India-Oman Free Trade Agreement (FTA) is underway, signalling a significant step towards enhancing economic ties between the two nations. Oman’s push to diversify its economy away from oil and gas, coupled with India’s quest for expanded market access across various sectors, sets the stage for mutually beneficial trade relations. In the fiscal year 2023, India’s merchandise exports to Oman totaled $4.5 billion, comprising a substantial portion of Oman’s imports. Notably, petroleum products accounted for a significant share of India’s exports, with motor gasoline emerging as the largest petroleum product. Imminent FTA Announcement Sources…