New Delhi, May 30 (IANS) As artificial intelligence (AI) adoption surges in India, Indian women score higher (1.9) than women in the United States (1.71), Canada (0.97) and the United Kingdom (0.90) on learning AI-related skills, according to a new report.The ‘Stanford AI Index 2026’ found that AI skill penetration rate for Indian women stood at 1.9 — an improvement from 1.61 registered in the previous year’s index.Among AI projects with at least 10 stars, the United States accounted for …
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New Delhi, May 30 (IANS) The Goods and Services Tax (GST) Department has issued a tax demand of Rs 124.65 crore to low-cost carrier SpiceJet for allegedly failing to file GST returns for several months, while the airline also faces proceedings for cancellation of its GST registration.According to officials, the department has issued a show-cause notice proposing cancellation of SpiceJet’s GST registration over repeated delays and alleged non-compliance in filing statutory returns.The tax deman…
New Delhi, May 25 (IANS) India’s fertiliser supply position remains stable and well above normal levels, with stocks currently accounting for more than 51 per cent of the annual requirement, the government said on Monday.The assessment for the current year stands at 390.54 lakh metric tonnes, while existing stock levels are at 200.12 lakh metric tonnes, significantly higher than the usual benchmark of around 33 per cent, according to Aparna S. Sharma, Additional Secretary, Department of Fertil…
New Delhi, May 25 (IANS) Bangladesh is facing rising concerns over food security and inflation as continued disruptions in the Strait of Hormuz threaten both global fuel and fertiliser supply chains, a report has said, warning of a potential knock-on impact on agriculture and rural incomes.A report published in The Financial Daily highlighted that while immediate attention in the country remains focused on surging fuel costs, a more significant risk is emerging from tightening fertiliser availab…
Mumbai, May 25 (IANS) Indian equity benchmarks rallied sharply on Monday, tracking gains in global markets amid hopes of easing geopolitical tensions after US President Donald Trump said negotiations with Iran were progressing constructively.The Sensex surged 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the Nifty jumped 312.4 points, or 1.32 per cent, to settle at 24,031.7, reclaiming the crucial 24,000 mark.Commenting on Nifty technical outlook, experts said that 24,100 now a…
New Delhi, May 25 (IANS) India needs a coordinated national strategy combining resilient power system, competitive semiconductor market and computing supply chain for large‑scale AI infrastructure deployment, a new report said on Monday.The report from Applied Materials and AMCHAM India advocated a framework with three pillars — a stronger, more resilient electricity grid for AI workloads, an energy‑efficient computing supply chain from algorithms to materials, and development of globally c…
New Delhi, May 25 (IANS) Navratna public sector undertaking NBCC (India) Limited on Monday reported a sharp rise in its consolidated net profit for the January-March quarter (Q4) of FY26, driven by improved operational performance despite a marginal decline in revenue.The company posted a consolidated net profit of Rs 253.51 crore in Q4 FY26, registering a growth of 38.78 per cent from Rs 182.66 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to it…
New Delhi, May 25 (IANS) India’s data centre industry is entering a phase of accelerated expansion and the country’s total data centre sector revenue is pegged to reach about $45.69 billion by 2033, a report said on Monday.The report from KPMG in India said that the accelerated expansion of specialised infrastructure is driven by AI‑driven workloads, rising cloud adoption, widespread 5G rollout and data localisation requirements.The AI‑optimised data centre market, valued at roughly $588.6…
New Delhi, May 25 (IANS) India’s digital connectivity ecosystem received a boost on Monday as TP-Link India announced the commencement of local manufacturing of its Wi-Fi 7 product portfolio in the nation, aligning with the government’s push for domestic electronics production and next-generation telecom infrastructure.The company said it has begun manufacturing Wi-Fi 7 devices in India with the Omada EAP770 enterprise access point, which is one of the early moves by a global networking bran…
New Delhi, May 25 (IANS) A Ring Gantry-based Linear Accelerator was commissioned into the Department of Radiation Oncology at Army Hospital Research & Referral, Delhi, to strengthen cancer care services and improve access to advanced radiotherapy for serving personnel, veterans and their dependents, an official statement said on Monday.It is expected to enhance in-house treatment capacity for the significant patient load at the hospital, the statement from the Ministry of Defence said.The Li…
Mumbai, May 25 (IANS) Union Finance Minister Nirmala Sitharaman on Monday said that standard products cannot serve non-standard businesses as the minister urged the Small Industries Development Bank of India (SIDBI) to redesign lending models according to the unique business cycles of MSMEs and startups.Addressing an event here, the Finance Minister said SIDBI’s role must expand beyond that of a lender to becoming a market maker and risk-sharing partner for India’s MSME ecosystem.“SIDBI’s …
New Delhi, May 25 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari has unveiled an indigenous ethanol-based cooking stove technology that he said can produce cooking flames at a lower cost than commercial LPG cylinders, while also announcing a Rs 40-crore initiative to promote scientific temperament among young Indians.Speaking at an event in Nagpur, Gadkari said the new technology uses a blend of ethanol and water to generate flames suitable for cooking purposes.“By mixing …
