The prime minister said if the villages could be connected with broadband, education could be provided to children in even the last school and telemedicine facilities could greatly help the poor.
He said digitisation was aimed at bringing in accountability and added that more cash would bring with it social evils.
In future versions, the app will not only expand its cricket coaching features, but will also focus on other aspects of the sport including mental and physical health, merchandising, and education.
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.
Sitharaman said the government will bring in a new national education policy to transform India's higher education system into one of the best in the world.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
As education loans are given on a floating-rate basis (and not fixed), one needs to account for probable spikes in the EMI while choosing the loan tenure. Loans are available for up to 15 years, which could lower your EMI and ease your repayment burden, advises Mohan Jayaraman.
'We need more support from states to back budding talents from not-so-affluent families.'
As a volunteer you'll need to meet people and educate them about the benefits of going cashless by going digital.
Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.
While the exact cause of prostate cancer is unknown, factors such as genetics, a sedentary lifestyle and hormonal imbalances may contribute to its development.
'These include economic prosperity, a promising future for youth, empowerment for women, a thriving society, robust healthcare, quality education, elevated living standards, agricultural prosperity, and robust social security coupled with effective governance.'
India needs to grow at an annual rate of 9-10 per cent for around three decades and constant innovations to become a $35 trillion economy by 2047, India's G-20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Sunday. "We are the fifth largest economy in the world and by 2027 we will surpass Japan and Germany to become the third largest economy in the world. "And our aim is that by the time we turn 100 in 2047, India should be a $35 trillion economy," Kant said while addressing a session at Mumbai Tech Week (MTW) hosted by Tech Entrepreneurs Association Mumbai (TEAM).
The newest entrant to the Rs 46-trillion mutual fund (MF) space - Zerodha - plans to focus strictly on the low-cost passive segment and offer its products solely through the commission-free digital route, as it aims to replicate its broking success in the MF space. "We will offer an array of exchange-traded funds (ETFs) and index funds that would help investors take varied exposures and build portfolios based on their financial needs and risk tolerance. "Zerodha Fund House (FH) products will be exclusively distributed online and available as direct plans to engage directly with individual investors and consumers, taking advantage of the pronounced shift from physical to digital interactions," said Vishal Jain, chief executive officer, Zerodha FH.
From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.
Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Ambani said the fresh investment will be in the areas of digital life solutions, retail and bio-energy.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
Rakesh Ranjan reveals how his mother Samita Ghosh braved difficult odds to teach students in a small school in Bihar.
Gen Z, don't shy away from expressing your ideas, and millennials, be receptive to new perspectives, suggests Sonica Aron, founder of the HR consultancy firm, Marching Sheep.
Indian American education expert and journalist Sreenath Sreenivasan has been appointed as the first chief digital officer of Metropolitan Museum of Art in New York, musuem's director and CEO Thomas P Campbell announced Thursday.
Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.
The foundation for a Digital India will be intelligent networks.
'The maximum struggle that I have gone through in this industry was to try to get a film made which had a female action star.' 'And that film never got made, despite reaching out to some of the biggest actresses.'
Indian software firms have been retraining their workforce in emerging technology areas, also helping them get certified
From educating people about the internet, connecting far-flung areas with a high-speed net, promoting entrepreneurship, building start-up incubators, women empowerment, to even running a voter registration campaign, cybersecurity and counter-terrorism, Facebook and Google have done it all for the government.
Take an education loan. Encourage them to freelance while studying.
The credibility of the examination system has also come under question, they said.
Keeping pace with students who are becoming more tech-savvy, schools in India are taking to the concept of digital classrooms.
Modi has accelerated efforts to make India the next driver in innovation, Sunder Pichai said.
As part of the three-year programme, Microsoft will support select institutions with infrastructure, curriculum and content, access to cloud and Artificial Intelligence (AI) services as well as developer support, the company said in a statement.
India may be 15th among the top 25 Artificial Intelligence nations, but it has the 'the greatest upward potential' according to research by Tufts University's business school, the Fletcher School. At the top is the US, followed by China, fighting for global leadership in AI followed by the UK, Japan, and Germany. In the 15th spot, India is ahead of Brazil, Argentina, Indonesia, Mexico, Turkey, Indonesia and Thailand.
India is capable of achieving and sustaining double-digit growth in the coming years if labour reforms are carried out to shift workforce from agriculture to the industry, eminent economist Arvind Panagariya said on Friday.
Considering factors like job prospects, growth potential and industry trends can provide valuable insights into selecting a suitable career path, suggests rediffGURU Rohit Gupta.
Several technology companies are seeking to step up hiring from Tier-II and Tier-III cities of India in 2024 to tap into a vast talent pool of skilled professionals churned out by educational institutions and training centres in these regions. Tier-II and Tier-III cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent, hinting towards the strong talent availability in these regions, according to Randstad India, a talent management firm.
Byju's is in talks with three-four strategic buyers, including Joffre Capital Ltd and language learning platform Duolingo, to sell one of its key assets, US-based digital reading platform Epic, for about $400-$450 million, according to sources. With this, the beleaguered edtech firm wants to meet various commitments, including repaying its entire $1.2 billion term loan B (TLB) within six months. "The binding offers of the bidders to acquire Epic are expected to come in the next few weeks after the due diligence is complete," said a person familiar with the matter.
An advocate of using technology to improve education, training and storytelling without losing core, traditional values, he has worked on distance-learning and other digital efforts for several years.
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
