New Delhi, May 30 (IANS) Union Commerce and Industry Minister Piyush Goyal on Saturday shared highlights of his visit to Canada and said that engagements reaffirmed “the renewed momentum in India-Canada relations”.In a social media post titled “Glimpses of my highly productive visit to Canada”, Goyal said that the visit also reaffirmed “shared commitment to advancing mutual growth and prosperity”.The video posted by Goyal shared glimpses of his meetings with Canadian PM Mark Carney, Canada’s M…
Latest AI News & Updates
New Delhi, May 30 (IANS) Due to India’s macroeconomic resilience, a neutral stance on Indian equities is warranted, with a relative ‘overweight’ stance on mid and small caps, a report has said.The report from Motilal Oswal Private Wealth recommended a portfolio allocation of roughly 50 per cent hybrid or large caps, 40 per cent small and mid-caps (SMIDs) and 10 per cent global exposure.The firm recommended lump-sum deployment in hybrid strategies and a staggered approach for pure equity-orient…
New Delhi, May 30 (IANS) India’s design-linked incentive (DLI) scheme is showing good results, Union Minister Ashwini Vaishnaw has said, hailing the country’s first flagship AI system on chip (SOC) ‘A2000’ at 12nm technology node designed by Thiruvananthapuram-based fabless semiconductor startup Netrasemi.The chip has now achieves successful silicon Bringup and getting ready for commercial production.“Netrasemi has designed India’s first Edge AI System-on-Chip (SoC) ‘NETRA A2000’, at…
Kathmandu, May 29 (IANS) Nepal’s Finance Minister, Swarnim Wagle, on Friday announced major tax relief measures targeting the middle class, mirroring steps taken by the Indian government in February 2025. Presenting a budget of NPR 2.124 trillion for the fiscal year 2026-27 at a joint session of Parliament, Minister Wagle said the government has raised the income tax exemption threshold for individuals to NPR 1 million. Currently, individuals earning more than NPR 500,000 annually are required t…
Bhubaneswar, May 29 (IANS) The Odisha government has signed a Memorandum of Understanding (MoU) with Intel and 3D Glass Solutions (3DGS) of the US for the establishment of an Advanced Packaging Substrate Manufacturing Facility in the state — a first-of-its-kind project in India, government officials said on Friday. As per an official statement issued, the facility will leverage advanced glass-based substrate technologies and high-density interconnect packaging, essential for sectors such as AI,…
New Delhi, May 29 (IANS) US-based artificial intelligence firm OpenAI on Friday said adoption of its AI coding and productivity tool Codex is accelerating rapidly in India, with weekly active users growing 27-fold since the beginning of 2026 so far as developers, founders and professionals increasingly adopt AI tools to build and execute tasks faster.Sharing new data on the sidelines of Mumbai Tech Week, the company said India continues to remain among the top five countries globally for Codex a…
New Delhi, May 29 (IANS) India has climbed to fifth place in global digital economy rankings and ranked fourth on the CHIPS‑AI index, marking accelerating digital momentum in an increasingly competitive environment, a report said on Friday.The report from the ICRIER‑Prosus Centre for Internet and Digital Economy (IPCIDE) said that the study among 71 countries, covering 96 per cent of global GDP, revealed that “India outpaced major developed economies, including Germany, France, Japan and Can…
Seoul, May 29 (IANS) Samsung Electronics said on Friday it has begun shipping samples of its latest high-bandwidth memory (HBM) chip, the 12-layer HBM4E, marking the world’s first shipment of the next-generation artificial intelligence (AI) memory product.The move comes just three months after Samsung became the first company to begin mass production and shipments of sixth-generation HBM4 chips in February, underscoring its efforts to strengthen its leadership in the rapidly growing AI memory ma…
Washington/New Delhi, May 28 (IANS) The recent visit of US Secretary of State Marco Rubio to India reflected a more mature phase in relations between New Delhi and Washington, where strategic convergence continues alongside open discussions on trade frictions, differing geopolitical priorities, and ambiguity regarding American consistency, a report has stated.In parallel, it also underscored the Quad’s evolution from a primarily diplomatic signalling platform into an operational framework aimed …
New Delhi, May 28 (IANS) India’s banking, financial services and insurance (BFSI) sector is facing cyberattacks at 1.6 times the global average, even as incidents have more than doubled over the past four years, a report showed on Thursday.A joint report by Boston Consulting Group (BCG) and the Data Security Council of India (DSCI) highlighted that cyber incidents in the Indian BFSI sector rose from 1.4 million in 2021 to 2.9 million in 2025.It noted that the mean time to contain a breach in I…