New Delhi, July 15 (IANS) US-based technology giant IBM’s Chairman and CEO Arvind Krishna has admitted that the company underestimated the scale of customers’ shift in spending towards artificial intelligence (AI) infrastructure and failed to adapt quickly enough, saying we faltered in the second quarter as the trend weighed on its revenue.In a letter to investors released alongside selected preliminary second-quarter results, Krishna said IBM had expected some supply chain-related disruption bu…
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New Delhi, July 14 (IANS) Indonesia is seeking closer cooperation with India to draw on the latter’s experience in technology, digital transformation, public policy and innovation, a new report has said.The report from Times Kuwait said Indonesian officials have expressed interest in learning from India how to build a stronger innovation ecosystem, support startups and leverage technology to improve efficiency across public and private sectors.The move reflects Indonesia’s growing interest in …
Shillong, July 13 (IANS) Meghalaya Chief Minister Conrad K. Sangma on Monday called for continuous administrative reforms driven by small but meaningful changes, saying the ultimate purpose of governance is to improve people’s lives through efficient and citizen-centric public service delivery. Addressing the inaugural session of the two-day National Conference on NEXTGEN Administrative and E-Governance Reforms in Shillong, Sangma said governments must overcome institutional resistance to change…
New Delhi, July 13 (IANS) India and Spain should look at increasing their bilateral trade and investments 10 times in the next 10 years, Commerce and Industry Minister Piyush Goyal said on Monday.He said that advanced manufacturing, mobility, railways, sustainability, innovation, arts, science, and culture are some of the areas of greater collaboration between India and Spain.“India and Spain must look at a 10x10x10 partnership. We must look at increasing our bilateral trade 10x in the next 10…
New Delhi, July 13 (IANS) India hosts world’s most AI-active workforce, with 80 per cent of employees using AI multiple times a week and 41 per cent using it daily, a report said on Monday.Around 31 per cent of employees believed AI will positively impact their job responsibilities in the coming year, making India one of the most optimistic markets globally, a report from ADP said.Despite high adoption and stronger workplace engagement, employees who use AI most frequently questioned their produ…
New Delhi, July 13 (IANS) India and Poland on Monday held discussions and reaffirmed their shared commitment to strengthening cooperation across political engagements, trade and investment, technology, defence, culture, the fight against global terrorism and other areas of mutual interest. The discussions were held during a meeting between Secretary, West, Ministry of External Affairs (MEA), Sibi George, and Poland’s Secretary of State, Ministry of Foreign Affairs, Wladyslaw T. Bartoszewski and …
New Delhi, July 12 (IANS) India and Australia signed several agreements spanning several areas like defence, economic security, energy, education, science, technology, and culture, during Prime Minister Narendra Modi’s recent visit to Melbourne, showcasing that both nations do not view one another as important bilateral partners but as long-term strategic partners whose cooperation covers almost every major area of national policy, as per a report. During his visit from July 8-10, PM Modi held m…
New Delhi, July 11 (IANS) Legal experts, academicians and officials on Saturday discussed a 10-year perspective action plan for promoting legal education in Hindi and other Indian languages within the justice delivery system at a conference organised by the Department of Legal Affairs, Ministry of Law & Justice, an official said. Led by Justice Rajendra Menon, Chairperson, Armed Forces Tribunal, and Co-Chairperson, Standing Committee on Legal Education, the Conference on “Strengthening Legal…
Washington, July 11 (IANS) China has rejected warnings of a new economic “China Shock 2.0,” saying its expanding technological and industrial strength offers countries greater market access, deeper cooperation and new investment opportunities rather than threats.Liu Chang, spokesperson for the Chinese Embassy in Washington, said Friday that China’s emerging technologies and products would advance global development and make advanced technologies more accessible.“Some, however, see it thr…
Auckland, July 11 (IANS) Prime Minister Narendra Modi on Saturday said India and New Zealand will move ahead with clear goals and concrete outcomes after his talks with New Zealand Prime Minister Christopher Luxon in Auckland, highlighting expanded cooperation across trade, technology, investment, agriculture, defence, healthcare, education and culture.In a post on X, PM Modi said his meeting with PM Luxon was “extensive and fruitful” and underlined the importance of recent high-level engage…