Author: News Desk
The Women and Child Department in Maharashtra has unveiled a plan to introduce pink e-rickshaws driven by women in 10 cities, including Mumbai, Thane, Navi Mumbai, Pune, and Nagpur. The initiative, known as ‘Pink Rickshaws,’ aims to empower unemployed women by providing a 20% government subsidy to purchase e-rickshaws. Applicants will contribute 10% of the cost, with the remaining 70% covered by bank loans. During the presentation to Deputy Chief Minister and Finance Minister Ajit Pawar, Women and Child Development Minister Aditi Tatkare emphasized that the scheme not only offers a livelihood opportunity for women in urban areas but also…
India’s primary stock market indices, Nifty and Sensex, have demonstrated remarkable growth in the current year, reaching unprecedented highs. Nifty has recorded an impressive growth rate of 18.5 percent, while the benchmark Sensex has surged by 17.3 percent in the year 2023. According to a report by Ernst and Young, the Indian stock market has witnessed a robust influx of new listings, with over 150 companies making their debut in the first nine months of the year. In comparison, Hong Kong, another significant financial hub, saw only 42 new listings during the same period. Further accentuating this bullish trend, the…
Akash Ambani, chairman of Reliance Jio Infocomm, announced the collaboration with the Indian Institute of Technology-Bombay to introduce the ‘Bharat GPT’ program. As the largest telecommunications company in the country and a unit of Reliance Industries, Reliance Jio is also actively considering the launch of an operating system for televisions. Ambani mentioned ongoing efforts in this regard during his address at the annual Techfest of the institute. Ambani emphasized the importance of building an “ecosystem of development” for the company and shared insights into the vision of “Jio 2.0,” which is already in progress. He highlighted the partnership with IIT…
The New York Times initiated legal action against OpenAI and Microsoft in a US court, alleging unauthorized use of millions of articles for training their potent AI models, including ChatGPT. The lawsuit contends that the companies, through their AI chatbots, are capitalizing on The Times’ substantial investment in journalism without permission or compensation, aiming to develop substitute products. In contrast to media groups like Germany’s Axel Springer or the Associated Press, which have engaged in content deals with OpenAI, The New York Times has adopted a more confrontational approach to the evolving landscape of AI chatbots. As one of the United States’ most respected news organizations, The Times is seeking damages and an injunction to…
Microsoft has discreetly introduced a dedicated Copilot app for Android, now available on the Google Play Store. This standalone app provides access to Microsoft’s AI-powered Copilot without requiring the Bing mobile app. The Android version has been available for almost a week, while an iOS counterpart is not yet released. The Copilot app on Android closely resembles ChatGPT, featuring chatbot capabilities, image generation using DALL-E 3, and the ability to draft text for emails and documents. Notably, it offers free access to OpenAI’s latest GPT-4 model, a feature that typically requires payment when using ChatGPT. The launch of the Copilot…
India, a realm of dynamic hues, opulent customs, and an explosion of tastes, has once again etched its presence on the global culinary stage. Taste Atlas, a renowned experiential travel platform, has recently crowned five of its vibrant cities among the “Best Food Cities in the World.” This acknowledgment underscores the remarkable diversity and richness of Indian cuisine, inviting gastronomes worldwide to embark on an exquisite journey. Mumbai, the Fusion Hub: Mumbai, the City of Dreams, stands as a culinary mosaic. From roadside stalls offering piping hot vada pav and zesty pani puri to upscale restaurants presenting fusion creations, Mumbai…
The prominent technology conglomerates comprising the ‘FAAMNG’ group in India, recognized for setting benchmarks in the tech industry, are presently undergoing a substantial deceleration in their hiring activities due to prevailing macroeconomic challenges and global workforce downsizing, according to an ET report. Noteworthy entities such as Facebook (Meta Platforms), Amazon, Apple, Microsoft, Netflix, and Google (Alphabet) collectively experienced a remarkable 90% reduction in active job postings within India throughout 2023 when compared to the previous year. This analysis is based on data compiled by the specialized staffing firm Xpheno, revealing that the cohort’s current active hiring numbers have plummeted by…
The Bharatiya Janata Party’s Maharashtra unit initially scheduled the opening of the Mumbai Trans Harbour Link (MTHL), India’s longest sea bridge, for December 25. However, despite reaching approximately 97% completion, recent updates indicate a potential delay in the inauguration until January 2024. Originally planned to reduce peak-hour travel by 30-45 minutes, the inauguration faces delays due to pending tasks such as electrification, pole installation, toll booth setup, and system integration, all yet to be finalized by the implementing agency. One significant obstacle to the MTHL’s opening is the completion of works related to traffic control mechanisms and automatic toll collection,…
Google has decided to use artificial intelligence (AI) technology to replace 30,000 employees who left their jobs. This move comes after Google had already laid off 12,000 workers using AI. The company aims to streamline jobs through the implementation of AI and has issued statements suggesting that the use of AI in the workforce will be a significant factor in the coming year. Global companies are increasingly focusing on utilizing machine learning and AI technology across various platforms to make informed decisions. Acquiring AI-driven companies and incorporating their technology is seen as a strategic move by companies like Google to…
In a significant stride towards sustainable and eco-friendly public transportation, the Karnataka government has revealed plans to introduce 1,400 electric buses. The initiative, led by the Bangalore Metropolitan Transport Corporation (BMTC), is slated to commence operations in April next year, with the aim of improving connectivity and curbing environmental impact. The formal inauguration of this groundbreaking project took place at the Vidhana Soudha, where Chief Minister Shri. Siddaramaiah flagged off the first batch of 100 electric buses, including both non-AC and AC variants. These buses, equipped with advanced features like panic buttons, wheelchair ramps, and digital destination boards, underscore a…