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Microsoft to invest $50 bn to expand AI to countries across 'Global South'

Microsoft to invest $50 bn to expand AI to countries across 'Global South'

Microsoft on Wednesday said it ​is on pace ​to invest $50 billion by ‌the end of the decade to help expand AI to countries across the 'Global South'.

The announcement was made at the AI summit in New Delhi, ‌where top executives from global AI giants meet several world leaders this week.

Cong alleges use of benami funds to amass large stakes in Adani Group

Cong alleges use of benami funds to amass large stakes in Adani Group

The Congress on Wednesday cited an Organised Crime and Corruption Reporting Project report to allege the use of benami funds to amass large stakes in the Adani Group by two of its close associates, and claimed that Prime Minister Narendra Modi has "stonewalled" the party's demand for a JPC to investigate all aspects of the "scam" involving the conglomerate.

ECI announces schedule for biennial Rajya Sabha polls across 10 states

ECI announces schedule for biennial Rajya Sabha polls across 10 states

The Election Commission of India (ECI) on Wednesday announced the schedule for the upcoming biennial elections to the Council of States (Rajya Sabha) to fill the 37 seats across 10 states, as the members are set to complete their term in April 2026, a press note stated.

According to the press note, the term of 37 members who were elected from Maharashtra, Odisha, Tamil Nadu, West Bengal, Assam, Bihar, Chhattisgarh, Haryana, Himachal Pradesh.

Nestle CEO, management under pressure as infant formula crisis adds to woes

Nestle CEO, management under pressure as infant formula crisis adds to woes

For Nestlé SA, the baby-formula crisis that has sparked the largest recall in its history is a scandal it could have done without.

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world’s biggest food company was already struggling to revive its shares from their multi-year lows.

People may not need jobs by 2050 as AI advances, says Vinod Khosla

People may not need jobs by 2050 as AI advances, says Vinod Khosla

Indian-American entrepreneur and venture capitalist Vinod Khosla made a bold prediction that by 2050, people may not need jobs as artificial intelligence makes rapid gains.

Speaking during a firechat conversation with Mohit Bhatnagar, the managing director of Peak XV, at the AI Impact Summit on Tuesday, Khosla said, “By 2050, it'll be very clear that nobody needs jobs because with enough production of goods and services that are near free, you won't need jobs.

Farmers' interests safeguarded in India-US trade deal, reiterates Chouhan

Farmers' interests safeguarded in India-US trade deal, reiterates Chouhan

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said the recent India-US trade deal was finalised after careful consideration and the government has ensured that no decision would harm the farming community.

Speaking at a programme in Jaipur, he said, "I am speaking with full responsibility as the Agriculture Minister of India. In the trade agreement, we have taken complete care of the interests of Indian farmers. It has been ensured that there will be no loss for India's farming community," he said.

India's Maruti Suzuki launches first EV with battery rental scheme

India's Maruti Suzuki launches first EV with battery rental scheme

India's top car maker, Maruti ​Suzuki, launched its ​maiden electric vehicle on ‌Tuesday, accompanied by a battery rental plan.

The company said its e-VITARA SUV would be priced at 1.1 million rupees (around $12,100), with the battery ‌priced at 3.99 rupees per kilometre. It did not share further details.

AI can save India up to ₹20,000 crore in port cargo handling: EAC-PM member

AI can save India up to ₹20,000 crore in port cargo handling: EAC-PM member

India needs to embrace new technology and can save up to Rs 20,000 crore by using AI for cargo handling at ports, said Member of Economic Advisory Council to PM Gourav Vallabh on Tuesday.

Speaking at session 'AI-Powered Ports: Reimagining Efficiency and Operations' at the AI Impact Summit here, Vallabh said India is emerging as a global leader in the field of new technology.

AI offers opportunity for Indian firms to drive job transformation: Nasscom

AI offers opportunity for Indian firms to drive job transformation: Nasscom

The rapid development of artificial intelligence (AI) globally presents significant opportunities for Indian companies and will not adversely impact their businesses, Nasscom AI Head Ankit Bose said on Tuesday.

He said instead of job cuts, India will witness job transformations as roles evolve with the growing adoption of AI.

NHAI accepts NHIT's ₹6,221 cr offer to monetise two highway assets

NHAI accepts NHIT's ₹6,221 cr offer to monetise two highway assets

NHAI has accepted National Highways Infra Trust's offer of ₹6,220.90 crore for the asset monetisation of two highway sections of 310 kilometres.

Asset monetisation has emerged as a strategic tool in NHAI's efforts to unlock the value of existing assets and attract private sector investment.

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