Author: News Desk

According to U.S. Commerce Secretary Gina Raimondo on Thursday, The United States and India will sign a memorandum of understanding on semiconductors as they talk about investment coordination and continue their discussion on the best ways to encourage private investment. On Friday, Raimondo will meet with India’s trade minister. Raimondo is traveling to India for four days with the CEOs of ten US companies. Together, the two countries will map the supply chain for semiconductors and look for prospects for joint ventures and technological collaborations, Raimondo said. With a $10 billion incentive programme for chip and display manufacture, India has…

Inker Robotics bags $1.2 Mn in pre-Series A round Kerala StartUp Mission Inker Robots has raised $1.2m in preseries funding led by venture capital firm AHK Ventures. Inker Robotics leads the research and delivery of robotics and education of future technologies, with the goal of influencing the next generation by equipping them with knowledge about new technologies. The grant will allow Inker to improve its training platform and create more engaging materials in its robotics and emerging technologies courses. Inkerlearn delivery platform aims to create an ecosystem by integrating materials and content to create an engaging community, and Inker Robomaker is the first product of the platform.The main goal of Robomaker is to instill a scientific mindset in young people through immersive, interactive and app-based learning. Inker will drive engagement with learners on a physical and digital level through the new platform. The investment will also be used to increase public knowledge and awareness of robotics, as the company aims to make a social impact by bringing robotics to the grassroots through its unique technology. Amith Raman, cofounder and CEO of Inker Robotics, said the company is taking the first steps to deliver a unique, worldclass customer experience throughout its learning journey, creating an ecosystem for tech enthusiasts focused on the advancement of science. Quality is learned through experimentation.  Inker Robotics,Founder and CEO Rahul Balachandran said during the funding round that the platform’s immersive and engaging approach is a great way to educate young people with modern tech skills.He said they were delighted to have investor support as the team continued to provide the next generation with the skills they needed to prepare for the future.

Saudi Arabia stated on Thursday that all expatriate residents in GCC nations, regardless of occupation, will be able to get a tourist visa. The Ministry of Tourism announced the decision stating that expatriate residents in GCC nations can receive an electronic tourism visa by applying through the “Visit Saudi” platform, providing their residency permit is valid for at least three months. In addition, all first-degree relatives of resident visa holders and domestic employees who want to visit with their sponsors are eligible for a tourist visa. The multiple entrance visa is allowed for both tourists and Umrah, according to Saudi Tourism Minister Ahmed Al-Khateeb. “#SaudiArabia…

The Central Government said that cryptocurrency will be subject to India’s money laundering regulations. According to the notification, money laundering rules will apply to the trade of virtual digital assets and fiat currencies, the exchange of one or more kinds of virtual digital assets, and the transfer of digital assets. The notification further stated that the safeguarding or administration of virtual digital assets, as well as involvement in financial services relating to the offer and sale of virtual digital assets, will be covered. This policy is intended to help investigative authorities carry out their proceedings against cryptocurrency organisations, with the Enforcement Directorate (ED) and Income Tax Department already…

The “Marupadi” project has successfully placed 23 Women: Zoho Multinational technology giant Zoho Corp announced on Thursday that 23 women who participated in its “Marupadi” programme and took a career sabbatical have been effectively placed in a variety of roles across several divisions. The city-headquartered company’s “Marupadi” programme, which means “marupadi” coming back in Tamil, was created to support women who want to return to the workforce after a break. On March 8 of last year, which fell on International Women’s Day, Zoho Corp. announced the programme. 26 women from two batches have completed training as of today, the company…

Google has released new details about the Universal Speech Model (USM), a system that the company describes as a “critical first step” towards realizing its goals, and which is now getting closer to its goal of building an AI language model that supports 1,000 different languages in order to beat ChatGPT. In November of last year, the business revealed its USM model as well as its aspirations to construct a language model that supports 1,000 of the world’s most spoken languages. USM is described by the tech giant as a collection of cutting-edge speech models with 2 billion parameters trained on 12 million hours of speech and 28 billion phrases of text in 300+ languages. Google in…

GAIL establishes a first-of-its-kind incubation cell to foster the entrepreneurial talents of employee spouses GAIL (India) Ltd today established an incubation cell, the first-of-its-kind in the sector, to educate spouses about the start-up environment and give mentorship, training, and support with the required tools to start their own companies. Shakun Gupta, GAIL’s first woman, and Sandeep Kumar Gupta, Chairman & Managing Director, GAIL inaugurated the project today, a day ahead of International Women’s Day, in the presence of R K Jain, Director (Finance), Deepak Gupta, Director (Projects), Ayush Gupta, Director (HR), and their wives. GAIL attracts high-caliber personnel, whose spouses…

When the Reserve Bank of India raises interest rates, the typical and average investor is concerned about where to invest when interest rates fall. The increase in repo rates has helped investors, particularly those who rely on fixed income assets. As interest rates rise, why not invest directly through the RBI? You will also receive reasonable interest, and the security of your investment is unparalleled in the country! The Floating Rate Savings Bond 2020 is a risk-free investment that may be put alongside money market funds, sovereign bonds, and fixed deposits. This bond investment pays a reasonable rate of return.…

Kerala’s efforts to strengthen its startup environment received a significant boost  when emerging startups in the state were guaranteed investments totaling Rs 18.4 crore, opening a new chapter in the government’s initiatives to build a vibrant early-stage ecosystem. Kozhikode-based Sparks Angel Network and Kerala Angel Network both announced raising investments totaling Rs 8 crore and Rs 5 crore, respectively, in the state’s startups at the “Seeding Kerala” conclave hosted by the Kerala Startup Mission (KSUM). Phoenix Angels announced that it was making an investment of Rs 3.5 crore, and an additional Rs 1.45 crore was expected from a pool headed…

Vada Pav, Mumbai’s pride, has been rated as the world’s 13th finest Sandwich Every state has a signature food that is popular throughout the country. Similarly, Vada Pav, a popular snack in Maharashtra, has been named the world’s 13th finest sandwich by Taste Atlas. Taste Atlas announced the rating in a Twitter post. Any Mumbaikar would tell you that their favourite street snack is ‘Vada Pav’ without a doubt. This humble sandwich is loved by many people and can be eaten for breakfast, lunch, late snack time, or even dinner. And now, Vada pav’s popularity has garnered it global acclaim, with the street delicacy named…