'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
Over the years, there has been a significant change in every field -- from society, politics to economy. Security challenges have also witnessed that change, Singh said.
'Binary fission will happen -- startups will lead to more startups.'
With this, the unit has exited the construction phase and began the operational phase.
To make Bharat a developed and self-reliant country by 2047, the role of the Army is very crucial, said the defence minister.
The Indian IT services industry is expected to clock revenue growth in the mid-single digit for the financial year 2024-2025 (FY25), according to a report by Icra for the year.
India has declared 2025 as the year of defence reforms, aiming to establish integrated theatre commands to enhance synergy among the three armed forces and transform the military into a technologically-advanced combat-ready force. The reforms will also focus on streamlining acquisition procedures, promoting collaboration, and leveraging emerging technologies like artificial intelligence and robotics.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
The Army Day Parade this year will see participation of an all-girl marching contingent from the National Cadet Corps (NCC) and showcasing of four thematic tableaux, including one based on the force's Mission Olympics Wing.
First things first: For those wondering if they need to reapply, the answer is no.
Expressing "serious concerns" over Chinese military modernisation, Defence Minister A K Antony on Wednesday said India needs to carry out a "comprehensive review" of its defence preparedness and "remain vigilant" to meet its security challenges.
The Delhi police has been allocated Rs 10,355.29 crore in the Union Budget for 2022-23, an increase of Rs 1,701.03 crore from the last fiscal, officials said on Tuesday.
The committee also cleared the Rs 5,000-crore (Rs 50-billion) modernisation plan for the New Delhi Railway Station.
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.
The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.
Given the importance of equipment modernisation, the overall defence budget should rise at least at the same pace as salaries and pensions, so that equipment modernisation is not hit.
As part of the change in outlook, all these mills are now modernising its equipment and sourcing high quality paddy from local markets and neighbouring states.They have also started broadening their market in domestic and foreign shores.
AAERB's permission for RAPP-7 paves the way for the subsequent phases of reactor commissioning leading to its commercial electricity generation.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
India's doctrinal policy shift in combating terror by carrying out the Balakot air strikes inside Pakistan, appointment of a Chief of Defence Staff and hastening work on military modernisation marked a new beginning in 2019 in dealing with complex security challenges.
India on Monday said it was 'conscious and alert' about China's military modernisation and infrastructure development in Tibet and adjoining areas and noted that it had taken 'necessary steps' to restructure its force levels along the border.
Expressing its keenness to invest in infrastructure development projects in India, Singapore on Friday said it was considering making investments in the modernisation of airports in the country.
The armed forces have been pushing for adequate allocation of funds so that they are well prepared to deal with the possibility of a "two-front" war on both northern and western borders.
The government has approved the construction of two indigenously designed nuclear attack submarines and is expected to ink contracts next month to procure 26 naval variant of Rafale jets and three Scorpene submarines, Navy Chief Admiral Dinesh Tripathi said on Monday.
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
China on Thursday said it will speed up modernisation of military and build itself into a 'maritime power', an announcement which may cause anxiety in India and some other neighbours of the Communist giant.
Employees Provident Fund Organisation (EPFO) will migrate to a new information technology (IT) system within the next three months, Union labour minister Mansukh Mandaviya said on Wednesday. In July last year, a clutch of officers at the retirement fund body had written a letter to the Central government complaining about archaic and "collapsing" software systems. Subscribers too were facing problems due to it.
Chinese ambassador to India, Xu Feihong, on Wednesday expressed hope that the recently completed Indo-China border disengagement in Eastern Ladakh would smoothen relations and pave the way for a better understanding between the two neighbours in the days ahead.
"Our agenda is to make Indian Railways world's number one from the current third position," Railway Minister Lalu Prasad said.
Deepak Parekh, HDFC Bank Chairman, M S Verma, former SBI Chairman, Raghuram, Professor IIM, Ahmedabad, Rajiv Lal, IDFC MD and Vinayak Chatterjee, Feedback, Infrastructure Services Chairman are members of the committee.
Announcing this in New Delhi, Civil Aviation Minister Praful Patel said trial runs on the new third runway of IGI Airport would begin in ten days from now. Once operational, it would go a long way to ease the air traffic congestion over the Delhi airspace. The two airports, as per the recommendations of the respective state governments, would be developed by the state-owned AAI and not privatised.
Even as the gas pipeline project with Iran hangs in balance, India is likely to help the country in modernisation and expansion of its rail network.Iran, facing UN sanctions, has sought India's expertise in upgrading its train operations, signalling system and electrical work besides training its personnel as part of its plans to modernise the railway system.
Air Marshal Amar Preet Singh has been appointed as the next Chief of the Air Staff.
Speaking at the silver jubilee function of the Indian Coast Guard Aviation at Daman, Antony emphasised the need for faster modernisation of the Coast Guard in view of emerging seaward threat.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
Defence Minister Rajnath Singh on Saturday said India has never attacked any country out of hatred or contempt but if its interests are threatened, 'we will not hesitate to take a big step'.
Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of Justice of the European Union (CJEU) announces its ruling on former France player Lassana Diarra's case against FIFA.
