Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state’s participation at the World Economic Forum (WEF) Annual Meeting in Davos as part of “Team Bharat” reflects India’s evolving growth narrative, where every region is now positioned as a credible destination for global investment. Speaking to the media after concluding his engagements at Davos, Sarma said Assam’s presence at the global platform underlined India’s transition towards balanced and in…
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Davos, Jan 21 (IANS) IBM Chairman and CEO Arvind Krishna has urged Indian entrepreneurs to build local capabilities across semiconductors, model development and real‑world applications to build stronger “AI sovereignty” in India.Speaking at the World Economic Forum (WEF) annual meeting in Davos, Krishna said smaller, specialised AI models are rapidly closing the gap with large foundational models and now account for nearly 95 per cent of consumption.“The underlying ecosystem whether it’s…
Seoul, Jan 21 (IANS) South Korea’s exports expanded 14.9 per cent from a year earlier in the first 20 days of this month, driven by strong demand for semiconductors, data showed on Wednesday.Outbound shipments reached US$36.36 billion in the January 1-20 period, compared with $31.63 billion tallied over the same period last year, according to the data from the Korea Customs Service, reports Yonhap news agency.Imports increased 4.2 per cent on-year to $36.98 billion during the period, resulting i…
New Delhi, Jan 20 (IANS) The India-EU summit scheduled for January 27 comes as part of the steady strengthening of economic relations between the two sides amid growing uncertainties in global markets triggered by the US tariff turmoil and dramatic geopolitical shifts in the world order. The summit to be hosted by Prime Minister Narendra Modi and co-chaired by European Council President Antonio Costa and European Commission President Ursula von der Leyen will witness the adoption of a document b…
Hyderabad, Jan 20 (IANS) Telangana has set the goal of raising its contribution to India’s GDP to 10 per cent, supported by a clear roadmap to build a USD 3 trillion economy, industry minister D. Sridhar Babu said on Tuesday. He invited global industry leaders to partner in Telangana Rising, a long-term vision built on policy stability, ease of doing business, and innovation-led growth.At the inauguration of the India Pavilion at the World Economic Forum annual meeting in Davos, Minister Sridh…
Seoul, Jan 19 (IANS) South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni were set to hold summit talks on Monday, during which they are expected to focus on cooperation in the fields of trade, investment and cutting-edge technologies, including artificial intelligence.Meloni arrived in South Korea on Saturday for a three-day official visit as part of her Asia trip, which also includes stops in Japan and Oman.During the meeting, the two leaders are expected to discuss w…
New Delhi, Jan 17 (IANS) Over one lakh individuals have enrolled in India’s chip design training programmes, with around 67,000 already trained, the government said on Saturday.The initiative, driven by the Ministry of Electronics and Information Technology (MeitY), aims to make India self-reliant in chip design, a sector crucial for modern electronics, green energy, defence, and emerging technologies.“Over 1 lakh individuals have enrolled in chip design training, with approximately 67,000 t…
Washington, Jan 15 (IANS) US President Donald Trump has said he has signed two new trade actions under Section 232. The moves target critical minerals and semiconductor imports. White House Staff Secretary Will Scharf said the first action followed a trade investigation into critical minerals. He said it creates a process to secure US supply chains for critical minerals and related products.The second action focuses on semiconductors. Scharf said it sets up a two-phase process. Under the first p…
Washington, Jan 14 (IANS) Eminent American trade and strategic advocacy group the US–India Strategic Partnership Forum welcomed India’s participation in the Finance Ministerial on Securing Critical Minerals Supply Chains in Washington, calling it an important step in strengthening US–India cooperation in a critical strategic sector.India was represented at the meeting by Ashwini Vaishnaw, Minister for Railways, Information and Broadcasting, and Electronics and Information Technology. The m…
Gandhinagar, Jan 13 (IANS) German Chancellor Friedrich Merz on Tuesday left for home after concluding his two-day visit to India. Gujarat Governor Acharya Devvrat, Chief Minister Bhupendrabhai Patel, and other dignitaries saw him off at Ahmedabad Airport.On Monday, Prime Minister Narendra Modi and Chancellor Merz held delegation-level talks at the Mahatma Mandir Convention Centre in Gandhinagar and agreed to take the relationship between the two nations to a qualitatively higher level, with deep…