News for 'artificial-intelligence'

Modi's AI Mission Set To Take Off

Modi's AI Mission Set To Take Off

Rediff.com25 Oct 2024

Under the India AI mission, supercomputing, comprising over 10,000 GPUs, will be made available to various stakeholders for creating an AI ecosystem.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Maha Kumbh set for auspicious start on 'Paush Purnima' on Monday

Maha Kumbh set for auspicious start on 'Paush Purnima' on Monday

Rediff.com12 Jan 2025

The 45-day Maha Kumbh 2025, billed as the world's largest gathering of humans, began on Monday with the first major bathing ritual or 'Shahi Snan' at the Sangam, the confluence of the Ganga, Yamuna, and Saraswati rivers in Prayagraj, India. This edition of the Kumbh is being held after 12 years, with the Uttar Pradesh government expecting over 35 crore devotees to visit. The event is being touted as a 'Digi-Kumbh' with Artificial Intelligence (AI) being used for various aspects, including security and cleanliness. The Maha Kumbh will be held from January 13 to February 26, and is expected to transform the area into the world's largest temporary city. Thirteen Akharas of seers from different sects are participating in the event, attracting attention from those seeking to learn about Indian spiritual beliefs.

'Budget's Main Objective Was To Honour Taxpayers'

'Budget's Main Objective Was To Honour Taxpayers'

Rediff.com5 Feb 2025

'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'

Genetic Destiny Or Hard Work?

Genetic Destiny Or Hard Work?

Rediff.com15 Oct 2024

Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.

Drowning In A Sea Of Entertainment

Drowning In A Sea Of Entertainment

Rediff.com22 Jan 2025

'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.

Why Is India Not In The Innovation Race?

Why Is India Not In The Innovation Race?

Rediff.com16 Jan 2025

India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.

'AI Is Going To Ruin Lives'

'AI Is Going To Ruin Lives'

Rediff.com24 Feb 2025

'The value of a human being is being lost. That's my biggest worry.'

Son's AI Hopes From Indian Business

Son's AI Hopes From Indian Business

Rediff.com28 Nov 2024

'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'

AI tool MuleHunter to tackle financial fraud

AI tool MuleHunter to tackle financial fraud

Rediff.com9 Dec 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Rediff.com13 Nov 2024

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.

Is It Wise To Get A Harvard MBA?

Is It Wise To Get A Harvard MBA?

Rediff.com17 Feb 2025

Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.

AI Can't Be Left To Techies!

AI Can't Be Left To Techies!

Rediff.com5 Oct 2024

Here is the Brahma Mantra for mankind. So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R Gopalakrishnan.

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Rediff.com2 Dec 2024

Owaisi criticized the court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, saying it weakens India and distracts from real issues like inflation and unemployment.

Mis-selling of life insurance policies at alarming level: Irdai

Mis-selling of life insurance policies at alarming level: Irdai

Rediff.com4 Sep 2024

The alarming level of life insurance policy misselling has caught the attention of policymakers amid efforts by the insurance regulator to boost insurance penetration, a top official from the Insurance Regulatory and Development Authority of India (Irdai) said on Tuesday. According to Satyajit Tripathy, member-distribution at Irdai, while life insurance grievances often relate to product issues, non-life insurance complaints typically concern claim payments and exclusions. Addressing these grievances is essential to increasing insurance penetration, he said.

upGrad Course Free For 100,000 Learners

upGrad Course Free For 100,000 Learners

Rediff.com18 Oct 2024

Intern-Zip will teach 'technical savviness', soft skills and professional development. It would skill individuals in Microsoft Office and ChatGPT. It will include communication, problem-solving, time management, professional grooming, and networking.

Paytm to reapply for RBI's payments aggregator licence

Paytm to reapply for RBI's payments aggregator licence

Rediff.com15 Sep 2024

Paytm will focus on its core business of payments and cross-selling financial services as it works to achieve "profitability soon", said Vijay Shekhar Sharma, founder and chief executive officer of the fintech, on Thursday. "The past six months have taught us many lessons, giving us the opportunity to thoroughly examine our business processes, compliance, and the way we operate from the inside out.

'India Not tougher Than Other Markets'

'India Not tougher Than Other Markets'

Rediff.com23 Dec 2024

'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'

AI-driven, deepfake-enabled cyberattacks to rise in 2025

AI-driven, deepfake-enabled cyberattacks to rise in 2025

Rediff.com4 Dec 2024

AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.

Urban demand stress under watch, festivals may boost consumption: FinMin

Urban demand stress under watch, festivals may boost consumption: FinMin

Rediff.com29 Oct 2024

Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched. In its review, released on Monday, the ministry also noted the early signs of artificial intelligence displacing workers, as described in anecdotal reports. The commentary from several large consumer goods companies, including Nestl India, Hindustan Unilever, and ITC, in their recent quarterly earnings, has been around a sluggish urban demand. Rural consumption, however, has mostly seen a revival, the companies pointed out.

Modi hugs Pope Francis at G7; invites him to India

Modi hugs Pope Francis at G7; invites him to India

Rediff.com14 Jun 2024

They met with a warm embrace at the Outreach session of the G7 Summit in Apulia, southern Italy where they joined other world leaders to deliberate on the topic of Artificial Intelligence, Energy, Africa and the Mediterranean.

Hurry up and board the Artificial intelligence train, or else...

Hurry up and board the Artificial intelligence train, or else...

Rediff.com10 Aug 2017

Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.

Google's Willow milestone may revolutionise AI, quantum computing

Google's Willow milestone may revolutionise AI, quantum computing

Rediff.com12 Dec 2024

With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Rediff.com15 Nov 2024

Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship

Hike plans to use artificial intelligence to beat WhatsApp

Hike plans to use artificial intelligence to beat WhatsApp

Rediff.com24 Feb 2016

Hike will launch brand channels later in 2016.

Will quit if it makes LoP happy but....: Shah clarifies on Ambedkar remark

Will quit if it makes LoP happy but....: Shah clarifies on Ambedkar remark

Rediff.com18 Dec 2024

Home Minister Amit Shah accused the Congress of twisting facts and distorting his comments on B.R. Ambedkar in the Rajya Sabha, saying the opposition party launched a malicious campaign after a parliamentary discussion "established" the Congress as being "anti-Ambedkar and anti-reservation." Shah defended his remarks, stating his address was clear and without confusion, and that his party would explore all legal options against the Congress for misrepresenting his comments. He also accused the Congress of insulting V.D. Savarkar, crushing constitutional values by imposing Emergency, and humiliating soldiers who laid down their lives.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

America is a nation of immigrants: Biden aid amid H-1b debate

America is a nation of immigrants: Biden aid amid H-1b debate

Rediff.com11 Jan 2025

Ahead of Trump's inauguration here on January 20, the debate on foreign guest workers visas for highly skilled professionals, the H-1B, has intensified which has literally created divisions in both the Democratic and the Republican parties.

Reject divisive tendencies based on social hierarchies: President

Reject divisive tendencies based on social hierarchies: President

Rediff.com14 Aug 2024

President Droupadi Murmu on Wednesday emphasised the need to strengthen affirmative action as a tool for inclusion while urging the rejection of divisive tendencies rooted in perceived social hierarchies.

Exciting OTT Menu This Week

Exciting OTT Menu This Week

Rediff.com26 Jul 2024

Cricket, time travel, artificial intelligence, haunted homes, World War II -- it's all there on OTT this week.

10 Job Skills That Will Be In Demand In 2025

10 Job Skills That Will Be In Demand In 2025

Rediff.com27 Dec 2024

Skills like social media, e-mail marketing, SEO (search engine optimisation) and PPC (pay per click) will be essential in 2025, says Sachin Alug, CEO, NLB Services.

Scientists who decoded protein structures win Chemistry Nobel

Scientists who decoded protein structures win Chemistry Nobel

Rediff.com9 Oct 2024

The 2024 Nobel Prize in Chemistry has been awarded to David Baker, Demis Hassabis, and John M Jumper, the Royal Swedish Academy of Sciences announced on Wednesday.

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Rediff.com12 Nov 2024

Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

India maintained assertive approach along LAC in 2024

India maintained assertive approach along LAC in 2024

Rediff.com31 Dec 2024

In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'

India AI mission to be key priority for telecom ministry

India AI mission to be key priority for telecom ministry

Rediff.com18 Jun 2024

Many who track the ministry and the technology sector closely believe that the space won't see much impact on the policymaking side, but the gestation time for regulations might get long, as now there could be a wider consensus-building exercise on policy matters under a coalition government.

You did it your way, chief: Successor bids emotional farewell to CJI

You did it your way, chief: Successor bids emotional farewell to CJI

Rediff.com8 Nov 2024

Chief Justice of India-designate Sanjiv Khanna on Friday lauded CJI D Y Chandrachud for his "monumental" contribution, saying he worked on a mission to improve the apex court and pursued his goal of making it "a sanctuary of inclusivity", which was accessible to all.