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India poised to become global AI hub: Tech futurist Stephen Ibaraki

Aug 31, 2024

New Delhi, Aug 31 (IANS) To become a global artificial intelligence (AI) hub, India needs to leverage its vast talent pool and establish AI-focused centres of excellence in collaboration with academic institutions and industry leaders, Stephen Ibaraki, a technology futurist and global thought leader, said on Saturday.Ibaraki said the country, with…

Record forex reserves to boost economy, promote domestic trade: Industry

Aug 31, 2024

New Delhi, Aug 31 (IANS) The record all-time high level of India’s forex reserves will create external sector resilience and boost economy across sectors, industry experts said on Saturday, as the country’s forex reserves surged $7.023…

Business

UPI processed Rs 81 lakh cr worth transactions in April-July, up 37 pc YoY

Aug 31, 2024

New Delhi, Aug 31 (IANS) Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent…

Business

Pakistan exports mangoes to 42 countries, UK largest importer

Aug 31, 2024

Islamabad, Aug 30 (IANS) Pakistan's Ministry of Commerce informed on Friday that the country has exported mangoes to 42 countries with the UK as the largest importer. Pakistani mangoes - famous around the world for their sweet and…

Business

ISG and JP Morgan launch ‘ONDC Made Easy’ solution to tap into India’s $350 billion…

Aug 31, 2024

Mumbai, Aug 30 (IANS) In a bid to democratise India’s rapidly expanding digital commerce landscape projected to surpass $350 billion by 2030, In-Solutions Global (ISG), in partnership with JP Morgan Payments, has launched the "ONDC Made…

Business

Fintechs Need to be Alert to Social and Macro-economic Interest and Priorities: Shri T Rabi Sankar,…

Aug 30, 2024

“Fintechs need to be alert to social and macro-economic interest and priorities and not subsume them to business interest. It is only the SRO that

Business

Indian economy clocks 6.7 pc growth in first quarter of 2024-25

Aug 30, 2024

New Delhi, Aug 30 (IANS) The Indian economy clocked a GDP growth of 6.7 per cent in the first quarter (April-June) of the financial year 2024-25 over the growth rate of 8.2 per cent in Q1 of FY 2023-24, figures released by the Ministry of…

Business

Centre partners Visa to skill 20,000 youth for tourism industry

Aug 30, 2024

New Delhi, Aug 30 (IANS) The government on Friday said it has signed a pact with global digital payments leader Visa for a three-year partnership, valued at up to $1 million, to skill 20,000 youth for the booming tourism industry.The…

Business

TRAI extends deadline for move aimed at curbing misuse of messaging services

Aug 30, 2024

New Delhi, Aug 30 (IANS) The Telecom Regulatory Authority of India (TRAI) on Friday granted a one-month extension to access service providers to comply with its direction regarding the whitelisting of URLs, APKs and OTT links.TRAI had…

Business

Sensex, Nifty close at all-time high before release of GDP numbers

Aug 30, 2024

Mumbai, Aug 30 (IANS) The Indian equity market closed at an all-time high before the release of the GDP numbers at 5:30 P.M. on Friday.At closing, the Sensex was at 82,365, up 231 points or 0.28 per cent and Nifty was at 25,235, up 83…

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