Author: News Desk
Shopping in the emirates often involves a common question at the cashier: “Do you have any privilege cards?” For newcomers to the UAE, this might be a perplexing experience, considering the variety of privilege cards offered by different stores. Here’s a guide to some of the top cards and loyalty programs providing discounts and deals in the UAE. 1. RTA Nol Plus: Your Ticket to Seamless Transportation Dubai residents relying on the public transport system are familiar with the Nol card. Offering access to the Dubai Metro, tram, bus, and taxi services, this card allows users to earn 1 point…
India stands proudly as the world’s third-largest startup ecosystem, hosting a thriving community of over 3000 deeptech businesses. These enterprises are at the forefront of technological breakthroughs in areas like artificial intelligence, machine learning, big data analytics, IoT, and blockchain. Notably, they are expanding their influence across diverse sectors, including agriculture, life sciences, chemistry, aerospace, and green energy, aiming to revolutionise industries through cutting-edge technology solutions. NDTSP: A Catalyst for Growth The Indian Government has unveiled a groundbreaking initiative, the National Deep Tech Startup Policy (NDTSP), designed to propel innovation, spur economic growth, and foster societal development within the deep…
On December 18, Bhutan’s King Jigme Khesar Namgyel Wangchuck revealed an ambitious urban development initiative, the Gelephu Special Administration Region (SAR). This strategic project aims to strengthen economic ties between Bhutan and Assam, covering an expansive area exceeding 1,000 square kilometres in close proximity to the Indian border. Diplomacy in Action During his 10-day visit to India, the King engaged in discussions with Prime Minister Narendra Modi, outlining the Gelephu project as a crucial component of the Sarpang district Special Economic Zone (SEZ). The comprehensive plan encompasses the establishment of an international airport at Gelephu and explores the potential for…
India has the capacity to leverage artificial intelligence (AI) to propel economic expansion and advancement on a massive scale. India has a unique chance to use AI to assist businesses, industries, and society because of its big population and diverse economy. Since 2011, the amount spent on AI has increased gradually, and by 2035, it is expected to have a major economic impact. Since 2011, AI start-ups in India have grown rapidly, and 88% of the surveyed organizations intend to invest in AI-related technology. India earned $7.73 billion in AI investments over the course of the last 10 years, with…
Astrek Innovations, founded by Robin Thomas, Jithin Vidyadharan, Alx M Sunny, and Vishnu Sankar in 2018, is revolutionising rehabilitation technology. Their flagship product, an innovative robotic exoskeleton, aims to assist individuals with physical challenges in daily activities and rehabilitation exercises. Astrek’s Exoskeleton stands out for its adaptability and versatility. It facilitates walking, exercising, and rehabilitation, offering a more fluid and natural experience. Equipped with sensors and machine learning, it provides accurate data for monitoring and control. Astrek’s device has the potential to streamline rehabilitation, allowing physiotherapists to manage multiple patients efficiently. With clinical trials on the horizon, the team anticipates…
Kia, the South Korean automaker, has ambitious plans for its presence in the Indian market. The company intends to introduce nine electric vehicles (EVs) in India next year and commence local production by 2025. Tae-Jin Park, Managing Director and CEO of Kia India, shared with PTI, “In 2025, we would initiate local production of a mass segment EV, and then every year, we will keep introducing electric models.” When discussing government policies for the EV segment in India, Park acknowledged the differences compared to other advanced markets like the United States, Europe, or South Korea. He highlighted the absence of…
Google and Alphabet CEO Sundar Pichai recently shed light on the significant downsizing the tech giant underwent in 2022, involving approximately 12,000 job cuts. This marked the most extensive layoff in the history of Alphabet. Defending the Decision: During a recent all-hands meeting, Sundar Pichai defended the decision to reduce the company’s workforce by six percent in 2022. The CEO addressed concerns and explained the rationale behind the unprecedented move. Employee Impact: Addressing a question during the meeting about the aftermath of the layoffs on growth, profit and loss (P&L), and employee morale, Pichai acknowledged a substantial impact on employee…
Krutrim SI Designs, the brainchild of Ola co-founder Bhavish Aggarwal, has recently introduced a groundbreaking family of multilingual artificial intelligence (AI) models designed specifically for the Indian ecosystem. Named ‘Krutrim,’ which translates to ‘artificial’ in Sanskrit, these models aim to address the distinctive requirements of the Indian market. Krutrim Models for India: Krutrim is presented in two sizes, each catering to different needs. The base model, Krutrim, has been trained on an extensive 2 trillion tokens and unique datasets. Additionally, a more advanced model, Krutrim Pro, is set to launch next quarter, offering enhanced problem-solving and task execution capabilities. Bhavish…
On December 17, Prime Minister Shri Narendra Modi is set to inaugurate the newly constructed Surat Diamond Bourse in Gujarat, with an estimated cost of INR 3,400 crores. Positioned as the “world’s largest corporate office hub,” this diamond bourse, located in Surat’s Khajod locality, aims to become a global epicenter for both rough and polished diamond trading. Featuring over 4,500 interconnected offices, the Diamond Bourse stands as the world’s largest interconnected building, boasting a substantial 67 lakh square feet. The facility also houses India’s largest customs clearance house. The primary objective behind this establishment is to streamline the import, export,…
The Department of Telecommunications (DoT) has issued an order that effectively brings the operations of the Doosra app to a halt. Doosra is known for providing users with secondary mobile numbers, which they can use for transactions at shops or online platforms where sharing a number is mandatory. This innovative service helps users avoid potential spam messages or calls associated with providing their primary numbers. Notably, Doosra follows a standard telecom practice by requiring users to furnish identification when purchasing a secondary number. Aditya Vuchi, the founder of the ‘virtual mobile number’ app, has emphasized its utility for customers who…