{
}
The electronics sector is set to experience significant job growth due to the new Production-Linked Incentive (PLI) scheme, as highlighted by Ashwini Vaishnaw. This initiative aims to bolster employment opportunities and enhance the industry's overall development.
India is set to launch a $1 billion fund aimed at bolstering the creator economy, as announced by Union Information and Broadcasting Minister Ashwini Vaishnaw. This initiative will provide digital content creators with capital to enhance their skills, improve production quality, and expand their global reach, contributing to the sector's growth.
India is set to launch a $1 billion fund aimed at bolstering the creator economy, as announced by Union Information and Broadcasting Minister Ashwini Vaishnaw. This initiative will provide digital content creators with capital to enhance their skills, improve production quality, and expand their reach in global markets, contributing to the sector's growth.
Prime Minister Narendra Modi announced plans for India to establish a national large language model (LLM) to enhance AI research, backed by a budget of INR 500 Cr. This initiative is part of the broader IndiaAI mission, which aims to develop foundational AI models using Indian datasets and encourages collaboration among startups and researchers.During a recent AI Action Summit, Modi highlighted the biases in existing AI models and called for equitable resource distribution to foster global AI innovation, particularly in the Global South. Tata Sons' chairman N Chandrasekaran emphasized the need for India to develop sovereign AI capabilities to avoid "digital colonization" and ensure that local languages and cultures are accurately represented in AI systems.
Indian Prime Minister Narendra Modi announced plans to develop a national large language model (LLM) for AI research, emphasizing the need for increased investment in the sector. The government has allocated $57.5 million to support AI-driven education and research initiatives, alongside acquiring 18,693 GPUs for machine learning tools. Startups, researchers, and entrepreneurs are encouraged to collaborate on creating foundational AI models tailored to Indian datasets.
PSIQUANTUM has achieved a significant milestone in manufacturing photonic quantum chips at scale, addressing major hardware challenges in quantum computing. Meanwhile, India and the EU have strengthened their collaboration on AI, digital governance, and semiconductor ecosystems, committing to enhance digital cooperation, promote ethical AI, and ensure supply chain resilience. They also agreed to work on interoperability of Digital Public Infrastructures and bridge the digital skills gap through talent exchange initiatives.
AWS has engaged with Union Minister Ashwini Vaishnaw to discuss a significant investment plan of $8.3 billion in Maharashtra aimed at expanding its cloud infrastructure in India. This commitment follows a memorandum of understanding signed between the Maharashtra government and AWS at the World Economic Forum in Davos earlier this year.
India's Ministry of Railways will collaborate with IIT-Madras to develop vertical take-off and landing (VTOL) vehicles, aiming to promote innovative travel solutions. This initiative reflects a strong partnership between Indian Railways and the education sector, with potential applications in flying taxis and aerial inspections. The project aligns with the government's push for advanced air mobility and support for startups in the sector.
Both Houses of Parliament convene after multiple adjournments, focusing on key legislation. Union Minister Anupriya will address the implementation of health recommendations, while Finance Minister Nirmala Sitharaman will present the Banking Laws (Amendment) Bill, 2024. Additionally, Railway Minister Ashwini Vaishnaw will introduce the Railways (Amendment) Bill, 2024, and Health Minister J.P. Nadda will initiate elections for AIIMS members.
Shares of HBL Power and Kernex Microsystems surged on November 28 following Railway Minister Ashwini Vaishnaw's update on the 'Kavach' system deployment. The next phase includes equipping 10,000 locomotives and inviting bids for trackside works covering approximately 15,000 RKm. HBL Power's shares rose 1.62% to Rs 626.4, while Kernex hit an all-time high, locked at a 5% upper circuit at Rs 1,110.75.
Ashwini Vaishnaw
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
electronics sector poised for significant job growth under new pli scheme
22:26 28.03.2025
India announces one billion dollar fund to boost digital creators economy
02:45 17.03.2025
India announces one billion dollar fund to boost digital creators
02:45 17.03.2025
India to establish national AI language model and boost research funding
12:09 06.03.2025
India announces plans for national AI model and increased funding for research
04:40 06.03.2025
India and EU strengthen digital cooperation and innovation in technology sectors
Euro
United States Dollar
Maroš Šefčovič
S. Jaishankar
Ashwini Vaishnaw
Ekaterina Zaharieva
Narendra Modi
Henna Virkkunen
Ursula von der Leyen
Piyush Goyal
Show more
07:02 05.03.2025
aws plans 8.3 billion investment in maharashtra for cloud expansion
07:51 04.03.2025
India Railways partners with IIT-Madras to develop innovative air mobility solutions
05:16 25.02.2025
parliament addresses banking laws railway act and healthcare issues in session
State Bank of India
IND
J. P. Nadda
Ashwini Vaishnaw
Anupriya Goenka
L. Murugan
Arjun Ram Meghwal
Nirmala Sitharaman
Pabitra Margherita
Sanjay Singh
Show more
10:27 29.11.2024
HBL Power and Kernex shares rise on Kavach system deployment update
13:37 28.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Global Financial Events
Retail and Consumer Goods
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Credit Suisse Lux Digital Healt
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
BNP Paribas SA
Banco Santander, S.A.
UBS Group AG
Morgan Stanley
Commerzbank AG
UniCredit S.p.A.
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Berkshire Hathaway Inc.
Danske Bank A/S
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Offshore Chinese Yuan
Hong Kong Dollar
Mexican Peso
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: