New Delhi, July 6 (IANS) India has emerged as a contrarian investment opportunity within the emerging market universe as the ongoing rally in the asset class become increasingly concentrated around semiconductor companies, according to a report.The report by DSP Netra said that the MSCI Emerging Markets (EM) Index has recovered to levels last seen in 2021, but the rally has been driven by a narrow set of markets and stocks.Among the four markets with index weights exceeding 5 per cent. India is …
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Los Angeles, July 5 (IANS) Singer-songwriter Sir Mick Jagger of the legendary band the Rolling Stones, has shared that he sought help from AI to find an album title. The Rolling Stones frontman was having trouble coming up with a name for the group’s 2023 record, Hackney Diamonds, so turned to the technology, and while it only offered “rubbish” suggestions, that gave the 82-year-old star more confidence in his own ideas, reports ‘Female First UK’.Asked if the group would use AI to write song…
Bhopal, July 5 (IANS) Madhya Pradesh Chief Minister Mohan Yadav will lay the foundation stone of the “Shyama Prasad Mukherjee Smart Industrial Park” in Bhopal on the birth anniversary of Shyama Prasad Mukherjee, India’s first Minister of Industry and Supplies. The project marks a major step towards giving the state capital a modern industrial identity and strengthening Madhya Pradesh’s position as a leading investment destination in the country.The Smart Industrial Park, to be developed …
Seoul, July 5 (IANS) South Korea’s bourse operator triggered a record number of Volatility Interruption (VI) measures on the benchmark KOSPI market in the first half of this year as the market swung sharply amid a strong rally, data showed on Sunday.A total of 29,357 VIs were triggered on the KOSPI in the January-June period, the highest figure ever recorded for a six-month period, according to the Korea Exchange (KRX), reports Yonhap news agency.The previous record was 24,401 in the first half …
Sanand (Gujarat), July 4 (IANS) In a powerful symbol of India’s rising technological prowess, Prime Minister Narendra Modi on Saturday inaugurated the CG Semi OSAT facility, declaring that Gujarat’s Sanand is fast emerging as India’s answer to Silicon Valley.Just two years after the foundation stone was laid in 2024, the plant has moved with remarkable speed, commencing chip testing by August 2025 and now beginning full commercial production.“This is what happens when India resolves to do …
Seoul, July 4 (IANS) In 2013, when Dunamu — now the operator of South Korea’s largest crypto exchange, Upbit — was a fledgling startup with just three employees, Kakao Ventures saw a diamond in the rough.After making the first 200 million-won (US$129,575) seed investment that year, Kim Ki-jun, the chief executive officer (CEO) of the venture capital (VC) firm, spearheaded two follow-up rounds of investments, in 2015 and 2017, totaling 3.3 billion won.Thirteen years later, Kakao Ventures and it…
France/New Delhi, July 3 (IANS) Finance Minister Nirmala Sitharaman on Friday said India’s AI-ready talent pool and industry-backed skilling programmes are creating new opportunities for the country’s middle class while positioning India as the preferred destination for Global Capability Centres (GCCs).Speaking at a panel discussion on “How to Promote the Rise of a New Middle Class?” during the Rencontres Economiques d’Aix-en-Provence at Aix-Marseille University in France, FM Sitharaman highligh…
New Delhi, July 3 (IANS) Chief Election Commissioner Gyanesh Kumar on Friday cautioned ECI’s Media and Communication Officers against false narratives propagated on social media, asking them to counter the spread of misinformation. Addressing the ECI’s Second one-day Conference for Media and Communication Officers, CEC Gyanesh Kumar asked the participants to engage proactively to prevent social media misinformation, said an official statement.Speaking to over 260 Media and Communication Offi…
New Delhi, July 3 (IANS) Japan has emerged as the largest contributor to India’s Global Capability Centre (GCC) ecosystem in the Asia Pacific (APAC) region, with over 100 centres already established, a report showed on Friday.These centres are rapidly evolving into strategic hubs for engineering, digital transformation and product innovation, spanning areas such as AI, embedded systems, cloud, advanced analytics and digital manufacturing, according to the Deloitte India report.Japanese enterpr…
New Delhi, July 3 (IANS) India is in talks with the United States to secure access to Anthropic’s Project Glasswing to strengthen cybersecurity testing of its critical digital infrastructure, a senior government official said on Friday.Speaking at the Confederation of Indian Industry (CII) Cybersecurity Summit, Ministry of Electronics and Information Technology (MeitY) Secretary S. Krishnan said access to the advanced AI model would help India stress-test its digital systems against frontier art…