Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.
On the outskirts of Shanghai, in a run-down neighbourhood, a People's Liberation Army base has been built for China's growing corps of cyber warriors.
Prime Minister Modi's visit saw India and the US signing several major deals to boost cooperation in key areas such as defence, space and trade.
Trinamool Congress leader Mahua Moitra was expelled on Friday from the Lok Sabha after the House adopted the report of its Ethics Committee that held her guilty of accepting gifts and illegal gratification from a businessman to further his interest.
What all global leaders need to understand is that no Generative AI regulation will work unless they start with the basics, which is data collection, asserts Prosenjit Datta.
"On space, we will be able to announce that India is signing the Artemis Accords, which advance a common vision for space exploration for the benefit of all humankind," a senior administration official said hours before the meeting between Prime Minister Narendra Modi and President Joe Biden in the Oval Office.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
"India's security canvas is vast, complex and multifaceted. Our active borders and equally challenging internal security threats mandate a very high level of operational preparedness," the Army chief said.
While asserting that the CoWIN portal is completely safe with adequate safeguards for data privacy, it said an internal exercise has been initiated to review the existing security measures of CoWIN.
Economic activity has regained momentum from late-May after the dent caused by the second wave of COVID-19, and the pandemic's impact on the overall asset quality has been less than expected, Reserve Bank Governor Shaktikanta Das said on Thursday. However, Das flagged rising data breaches and cyber-attacks as among the risks for the recovering economy, along with others like firming global commodity prices. The governor also said the second wave had a "grievous toll" on the country.
FBI is probing a computer-security breach targeting Citibank that resulted in a theft of tens of millions of dollars by hackers who appear linked to a Russian cyber gang, according to a media report.
Report shows Internet viruses remain a problem.
The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.
Shrinking inflows and surging outflows on account of profit-booking has curtailed mutual fund (MF) investments in equities since April. The total investments made by equity MFs during the first three months of 2023-24 stands at just Rs 2,980 crore, compared with an average monthly investment of Rs 14,500 crore in 2022-23, reveals data from the Securities and Exchange Board of India. "We are seeing signs of moderation in non-systematic investment plan (SIP) contribution, which has impacted domestic fund inflows in recent months to some extent," says Kunal Vora, head-India equity research, BNP Paribas.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
Intel Technology India on Tuesday launched its new Intel vPro Technology, a tool to enhance PC security and manageability and achieve remarkable energy-saving computing performance.
The police in northwestern Gansu province said in a statement on Sunday that a suspect surnamed Hong had been detained for "using artificial intelligence technology to concoct false and untrue information".
According to a report released by computer security company McAfee, there are many scammers out there who are trying out numerous ways to take advantage of innocent shoppers.
'If we want our economies to be strong, we need to invest in young people who are our future.'
A former deputy head teacher at a London primary school who had pleaded guilty to paying and instructing teenagers in India to abuse younger children was sentenced to 12 years in prison on Wednesday.
Last year, Syukuro Manabe, Klaus Hasselmann and Giorgio Parisi won the Nobel Prize for Physics, "for groundbreaking contributions to our understanding of complex physical systems."
Four tips to enjoy a secured online banking experience.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
Various government agencies are probing an incident of the All India Institute of Medical Sciences-Delhi's server remaining out of service for the second consecutive day.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
A new survey has revealed that watching YouTube videos, looking up 'sex', socialising and searching for search engines are the popular activities children perform on the Internet.
Prabhat K Goyal, CFO, Network Associates, faces criminal charges for an accounting scam that duped investors by inflating the company's sales figures.
The chairman of Indian Premier League (IPL), on Tuesday, urged the Centre to ensure enhanced security during matches in Chennai in view of protest threats over Cauvery issue, prompting the Union Home Secretary to ask the chief of the Tamil Nadu Police to do the needful, officials said.
The Central Bureau of Investigation conducted searches in Delhi and the national capital region (NCR) and busted a fake tech-support call centre that allegedly defrauded US citizens online.
Center for Cybersecurity Operations is proposed to protect military, government, and corporate electronics from criminals and other nations
Amazon Web Services (AWS) will invest nearly $4.4 billion (Rs 36,000 crore) in India by 2030 and support more than 48,000 jobs externally through a new regional service launched on Tuesday, said the on-demand Cloud computing company. AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India, six years after it opened its first Cloud region in Mumbai in 2016. The Hyderabad region will give customers access to AWS technologies for data analytics, security, machine learning, and artificial intelligence.
India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
India's urban unemployment rate declined in Q4FY23 to 6.8 per cent - the lowest in over four years -- after it stagnated at 7.2 per cent in the previous October-December quarter, reflecting improvement in the labour market, according to the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on Monday. The unemployment rate in current weekly status (CWS) terms for all ages in the March quarter was the lowest recorded in more than four years, from the time the NSO released India's first quarterly urban jobless rate for the December quarter in 2018. The jobless rate in urban areas had been on a continuous decline since the peak of 20.8 per cent in the April-June quarter of FY21.
The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
Russia's leading computer security labs have warned of a new software virus which infects Automatic Teller Machines (ATM) to steal money from bank accounts of their users.
If you have invested in a new laptop or a desktop this year, don't gamble with your PC's security by using some free security software.
Do not trust any incoming phone calls or mails that ask you to install any file or programme, warns Niranjan Upadhye, general manager-fraud risk management, Worldline India.
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