Hanoi, May 18 (IANS) Vietnam’s southern hub Ho Chi Minh City has approved an outline for its 2025-2050 master plan with a 100-year vision to transform itself into a leading sustainable, innovative and livable mega-city in the Asia-Pacific region, local media reported on Monday. Under the outline, which was approved by the municipal People’s Committee, the city targets an annual gross regional domestic product (GRDP) growth rate of at least 10 per cent between 2025 and 2050. Its total GRDP is pro…
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New Delhi, April 18 (IANS) The Ministry of Electronics and Information Technology (MeitY) on Saturday said that it has constituted a Technology and Policy Expert Committee (TPEC) to provide specialised technical and policy inputs for India’s emerging artificial intelligence governance framework.The committee will function as an advisory body to the AI Governance and Economic Group (AIGEG), supporting decision-making on policy design, regulatory measures and India’s engagement in global AI go…
New Delhi, April 18 (IANS) State-owned Broadcast Engineering Consultants India Limited (BECIL) has signed a memorandum of understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC) to collaborate in the areas of advanced technologies, digital transformation and capacity building, the Ministry of Information and Broadcasting said on Saturday.The collaboration will focus on joint project implementation, consultancy and technical support, as well as the development of solutio…
New Delhi, April 17 (IANS) Global tech layoffs are accelerating in 2026, with more than 80,000 jobs already cut in the first quarter and total losses likely to exceed 3 lakh this year, led by companies like Oracle, Amazon, and Meta, according to a report.The report by TradingPlatforms noted that the latest wave of layoffs builds on a broader post-pandemic correction, with over one million tech jobs lost globally since 2021 as companies recalibrate hiring after the Covid-era expansion.Artificial …
Washington, March 27 (IANS) The Pentagon is pushing to overhaul its information technology systems. Officials say outdated networks and cyber risks could hurt military readiness.Defence Chief Information Officer Kirsten Davies outlined the plan at a House hearing. She said the department is driving a “bold transformation” to turn technology into a “decisive warfighting advantage.”“Our focus is to enable data supremacy and decision superiority,” she said.Lawmakers said strong networks…
Bengaluru, March 6 (IANS) The Karnataka Budget 2026–27 has placed Artificial Intelligence (AI) at the centre of the State’s strategy for technological advancement, inclusive growth and improved governance, with a range of initiatives aimed at integrating AI across agriculture, education, public services and skill development, Chief Minister Siddaramaiah said this on Friday while presenting the budget.While presenting the Budget, CM Siddaramaiah highlighted Karnataka’s growing prominence in…
New Delhi, Feb 23 (IANS) Corporate India is expected to roll out an average salary increase of 9.1 per cent in 2026, with Global Capability Centres (GCCs) leading the growth in pay, a new report said on Monday.GCCs are expected to offer the highest increments at 10.4 per cent, driven by strong global demand for digital and technology capabilities, according to the latest Future of Pay report by EY India.The financial services sector is likely to see salary hikes of around 10 per cent, followed b…
New Delhi, Feb 18 (IANS) Around 73 per cent of employers intend to hire freshers during January–June 2026, marking a rise of 3 per cent from the previous half‑year, with a shift toward selection frameworks that prioritise demonstrable skills, a report said on Wednesday.The report from TeamLease EdTech said retail led sectoral intent at 91 per cent, e‑commerce and technology start‑ups at 90 per cent and manufacturing at 85 per cent.The report highlighted the most in-demand roles in retail…
New Delhi, Feb 14 (IANS) Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan’s Asia Pacific Equity Research team. Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more work within the same budgets.In a note titled “India IT Services: Looking through the AI fog 2 — Discounted for extinction? Div/FCF yields at crisis levels,” JP Morgan said fears that AI could wipe…
Chennai, Jan 22 (IANS) Actor Prasanna, who is known for his outstanding performances in a number of Tamil films, is now looking to realise two of his long pending dreams– that of becoming a commercial pilot and an AI expert, thanks to the inspiration he received from actor Ajith Kumar. In an exclusive interview to IANS, Prasanna, who acted with Ajith Kumar in ‘Good, Bad, Ugly’ said, “This year is going to be very different for me. I have dug out two of the wishes that have been on my bucket lis…