The World Opinion

Category: Technology

  • India Signs Economic Pact With 4 European Nations, $100Bn FDI Expected To Flow In |

    New Delhi: India and the four-nation EFTA bloc of European nations signed an economic agreement on Sunday. India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland and Liechtenstein, signed an economic agreement on Sunday which will step up trade and foreign investment, capping nearly 16 years of negotiations, Commerce and Industry Minister Piyush Goyal said after. the signing ceremony.

    The Trade and Economic Partnership Agreement (TEPA) is a binding agreement for the EFTA nations to invest $100 billion over 15 years in India, the world's fastest growing economy, Goyal said.

    Spent an engaging afternoon with the delegation from European Free Trade Association nations & the business community, alongside my colleague EAM @DrSJaishankar ji. pic.twitter.com/wXD6A0aIPO — Piyush Goyal (Modi's family) (@PiyushGoyal) March 10, 2024

    Switzerland's Economic Affairs Minister, Guy Parmelin, said that the agreement would result in more FDI and innovative technology flowing into India which would boost manufacturing in the country and lead to the creation of more jobs. This would result in a further acceleration of the 'Make in India' campaign, he added. (Also Read: IT Department Uncovers Cases Of Inadequate Tax Payments; Check Deadline Date For Payment)

    The European countries, on their part, will gain access to India's vast market and economic opportunities that the world's fastest growing economy offers, he said.

    India has sought an investment commitment of $50 billion during the first 10 years after the implementation of the agreement and another $50 billion over the next five years from the member countries of the bloc to facilitate the generation to boost manufacturing and generate one million direct jobs in the country.

    Stronger Ties Inked!

    Delighted to sign the India-EFTA Trade & Economic Partnership Agreement, yet another pact of progress for our nation.

    This watershed agreement, realized under the guidance & leadership of PM @NarendraModi ji, marks the dawn of a new era of prosperity and… pic.twitter.com/4h6FKoVAIO — Piyush Goyal (Modi's family) (@PiyushGoyal) March 10, 2024

    Prime Minister Narendra Modi welcomed the signing of the pact, saying, “despite structural diversities in many aspects, our economies possess complementarities that promise to be a win-win situation for all nations. With the opening up of enormous trading and investment opportunities, we have reached a new level of trust and ambition. (Also Read: GAIL Announces CNG Price Reduction By Rs 2.50 Per Kg)

    The trade agreement symbolizes our shared agreement to open fair, equitable trade, as well as generate growth and employment for the youth.” He further said, “India will extend all possible support to EFTA countries and facilitate industry and businesses not only to achieve the committed targets but also to go beyond them. May this agreement mark the beginning of a new chapter in the journey of our nations towards a more prosperous future for us all.”

    From the EFTA bloc, the four ministers who participated in the signing ceremony are: Guy Parmelin, Swiss Federal Councilor and Head of the Department of Economic Affairs, Education and Research; Bjarni Benediktsson, Minister of Foreign Affairs of Iceland; Dominique Hasler, Minister of Foreign Affairs of Liechtenstein; and Jan Christian Vestre, Minister of Trade and Industry of Norway. India and EFTA have been negotiating the pact since January 2008 to boost economic ties.

  • Indian UPI Users Can Now Pay Nepalese Merchants Via QR Codes; All You Need To Know

    It was specified that merchants who are part of the Fonepay Network can now receive UPI payments from Indian customers.

  • Ashwini Vaishnaw Launches India's Fastest And Indigenously Designed Router In Bengaluru |

    New Delhi: In a significant stride towards technological independence and innovation, Union Minister for Communications, Electronics and Information Technology and Railways, Ashwini Vaishnaw launched India's fastest and indigenously designed IP/MPLS (Multiprotocol Label Switching) router in Bengaluru on Saturday.

    MPLS is a routing technique in telecommunications networks that directs data from one node to the next, based on labels rather than network addresses. The project is spearheaded by the collaboration of the government's Department of Telecom, CDOT and Nivetti. It marks a momentous achievement in the nation's journey towards becoming a major product and manufacturing hub in the global tech landscape. (Also Read: Elon Musk Announces X Streaming Service For Long Videos On Smart TVs, Competing With YouTube)

    Vaishnaw said, “It is matter of pride for us that indigenously developed and made in India router, a secure router, a core routers of capacity 2.4 tbps has been developed and launched today. This is a core router, which is secure and which can actually provide very important functions in our entire Prime Minister's vision of Digital India.” (Also Read: Sam Altman Finally Returns To OpenAI Board)

    “As you know, networking is key to entire Digital India efforts. And within networking routers, a core router like this is very, very important. So, I'm so glad that this kind of complex equipment has been designed in India developed in India and made in India,” the minister said.

    The minister further said, “Over the past decade, India has laid down the foundational stones of technological advancement and innovation, setting the stage for significant development in the coming years.

    The launch of the 2.4 terabits per second (tbps) router is seen not only as a testament to the country's growing capabilities in the tech domain but also as a pivotal moment that aligns with Prime Minister Narendra Modi's vision for digital India – a vision that emphasizes scaling up technological developments and fostering an environment ripe for manufacturing and innovation.”

    “And the coming five years will be the journey when lots of these foundations will see totally new structures built up them for the country, for the people and for technology,” the Minister added.

    Minister Vaishnaw highlighted the transformative shift in manufacturing paradigms, from traditional mechanical processes to ones deeply intertwined with software, innovation, and intellectual prowess.

    He said, “We are a good service nation and will continue to be that. We will continue to grow on the services. In parallel, we make our efforts to become a product nation and a manufacturing nation. That's the focus that's why I' ve come here today. I will also be going to Applied Materials where the equipments which go into manufacturing semiconductors, they will be manufactured and designed in India.”

    He further said, “Today, manufacturing is no longer the old manufacturing where it was practically a mechanical kind of activity, where you go to fix cut things in a particular size. Today's manufacturing is a manufacturing where there is lots and lots of software in it, lots and lots of innovation in it, lots and lots of combination of brain power in the hardware which is today's manufacturing.”

    “Having a very strong base of software and having very significantly large design capabilities make us absolutely at a takeoff point where we can become a major product nation in the world,” Minister said.

    It is pertinent to note that the Nivetti router, capable of handling 2.4 tbps data, represents a leap in networking technology, promising to bolster India's digital infrastructure and support the ever-growing demand for high-speed data processing and transmission.

    This achievement is a direct result of the government's concerted efforts to create an enabling environment for innovators through policy measures, financial incentives, and a regulatory framework designed to eliminate obstacles and encourage development.

    Reflecting on the global tradition of nurturing innovation through supportive policies, Minister Vaishnaw reiterated the government's commitment to enhancing market opportunities, boosting exports, and streamlining regulations to aid innovators.

    The initiatives introduced under Prime Minister Modi's leadership, including design-linked innovation, production-linked incentives (PLI) and a variety of startup-friendly schemes, are set to be scaled up significantly, aiming at propelling India to the forefront of global innovation and product development.

  • Elon Musk Announces X Streaming Service For Long Videos On Smart TVs, Competing With YouTube |

    New Delhi: Elon Musk announced on Saturday that X platform is stepping into the realm of online video streaming, posing a challenge to Google-owned YouTube. This new streaming service will allow users to enjoy long videos directly on their smart TV screens.

    The company is set to launch a TV app for Amazon and Samsung smart TVs, as confirmed by Musk in response to a post by an The user had shared excitement about being able to watch long-form (Also Read: Sam Altman Finally Returns To OpenAI Board)

    “We just want people to be able to watch long videos in comfort on their big screen TV,” the billionaire posted on TV”. (Also Read: Flipkart Set To Launch 10-15 Minute Delivery Venture Soon)

    One of his followers commented that this move by X is a “strategic step towards diversifying its platform and competing in the ever-evolving digital content landscape”. “It will be intriguing to see how this foray into video streaming will impact the larger ecosystem of online media consumption. Exciting times ahead,” the user posted.

    Beyond smart TVs, the social media network is also exploring video games, podcasts and long-form writing. Taking on legacy media, X on Friday introduced 'Articles' which is a new way to share long-form written content on the platform.

    Premium users who subscribe to X services now have the ability to publish articles on the platform. These articles can include stylized text, embedded images, and videos. Additionally, users can format their text using various features such as headings, sub-headings, bold, italics, strikethrough, indentation, numerical lists, and bulleted lists.(With Inputs From IANS)

  • Flipkart Set To Launch 10-15 Minute Delivery Venture Soon |

    New Delhi: Walmart-backed Flipkart, the largest online retailer in India, is preparing to join the fast-fashion industry, according to sources cited by Entrackr. Within the next six to eight weeks, the business hopes to introduce 10-15 minute delivery in at least a dozen cities, including Bengaluru, Delhi (NCR), and Hyderabad.

    It also intends to strategically build a network of dark stores in these areas. (Also Read: Bank Employees To Receive 17% Annual Wage Hike; IBA, Unions Sign Joint Note)

    For the unversed, the company is seen taking the same type of initiatives recently like same-day delivery in 20 locations and the delivery of cakes and flowers for Valentine's Day in February 2024. (Also Read: Big Relief To THESE EPF Members: Exempt From Joint Declaration Form Submission)

    In order to set itself apart from competitors, the company is anticipated to feature a wide range of products, with an emphasis on groceries, fast-moving consumer goods (FMCG), electronics, fashion, and everyday necessities.

    According to someone with knowledge of the events, the corporation is currently relocating staff members within in order to assemble a team for the most recent endeavor.

    Three companies currently dominate the rapid commerce industry in India: Blinkit from Zomato, Instamart from Swiggy, and Zepto. Flipkart introduced Flipkart Quick, a hyperlocal service in 2020 that aimed to deliver food and electronics within 90 minutes.

    Earlier in the year, Flipkart declared its intention to introduce same-day delivery in 20 locations.

  • Made in India Router Set To Be Launched Tomorrow

    India's fastest and indigenously-designed IP/MPLS is a routing technique in telecommunications networks that directs data from one node to the next, based on labels rather than network addresses.

  • Google Gemini Latest Update: Check What New It Brings |

    New Delhi: Google has introduced a new feature for its AI-powered chatbot, Gemini, offering users more control over the responses generated by the bot. This feature allows users to modify specific portions of text within the response, providing a more tailored experience.

    In the latest update, users can now select and adjust particular parts of the text generated by Gemini. This feature empowers users to make changes to the response's content, and length, or completely remove certain sections. (Also Read: Good News For Job Seekers! Elon Musk's Firm

    Initially available in English on the Gemini web app, this feature enhances the precision of response tuning. (Also Read: India AI Mission: Check 8 Key Components Of Cabinet's Newly Launched Plan)

    Editing Process

    Google described the new feature as a more precise way for users to fine-tune Gemini's responses. By simply selecting the portion of text they want to modify and providing instructions, users can obtain an output that aligns more closely with their preferences.

    Creative Control

    Explaining the motivation behind the feature, Google emphasized its commitment to providing users with greater control over their creative process.

    This new functionality allows users to iterate on content and ideas within the context of the original response, fostering a more collaborative and customizable experience.

    Editing Options

    After generating a response, users can highlight any part of the text and access editing options by hovering over a pencil icon with the Gemini logo.

    The options available include 'Regenerate,' 'Shorter,' 'Longer,' and 'Remove,' each serving a specific purpose to modify the selected text as per the user's preference.

    User-Friendly Interface

    The interface is designed to simplify the editing process, allowing users to seamlessly adjust the length or content of the response with just a few clicks. Users can also add prompts to further customize the selected text as needed.

  • India AI Mission: Check 8 Key Components Of Cabinet's Newly Launched Plan |

    New Delhi: Yesterday, March 8, 2024, the union cabinet under the leadership of Minister Piyush Goyal introduced the India AI mission, allocating Rs 10, 371.92 crore for its implementation. The mission is launched to boost AI development in the country for the next 5 years. For ease, we have decoded the key components of India's AI mission.

    IndiaAI Mission: How It Will Be Implemented?

    According to the union minister Piyush Goyal's briefing, the implementation of the mission will be executed by IBD and DIC. (BIG Bonanza To Ujjwala Beneficiaries; Govt Extends Rs 300 LPG Subsidy)

    1. Compute Capacity

    Speaking to the reporters after the cabinet meeting, Union Minister Piyush Goyal said, one of the primary focuses of the AI ​​mission is to establish an ecosystem equipped with AI compute infrastructure, comprising 10,000 or more graphics processing units (GPUs). (Also Read: Good News For Job Seekers! Elon Musk's Firm

    The government has planned to develop this infrastructure through public-private partnerships.

    2.AI Marketplace

    The government plans to create an AI marketplace, offering AI as a service and pre-trained models to AI innovators. This initiative aims to facilitate access to AI resources for developers and entrepreneurs.

    3. Startup Financing

    Deep-tech AI startups will receive support under this initiative. This will boost the growth of innovative ventures in the AI ​​space.

    4. Non-Personal Dataset Platform

    The India AI Datasets Platform will streamline access to non-personal datasets for entrepreneurs and startups. A unified data platform will be developed to provide seamless access to these datasets, aiding Indian startups and researchers in their endeavors.

    5. Innovation Center

    The India AI Innovation Center will focus on developing and deploying indigenous large multimodal models and domain-specific foundational models in critical sectors, contributing to technological advancements.

    6. AI Application in Critical Sectors

    Through the IndiaAI Application Development Initiative, AI applications will be promoted in critical sectors, addressing problem statements sourced from the government. This initiative aims to leverage AI to enhance efficiency and address challenges in various sectors.

    7. IndiaAI FutureSkills

    Under the FutureSkills program, entry into AI programs and courses at undergraduate, master's, and Ph.D. levels will be encouraged. Additionally, data and AI Labs are planned to be set up in Tier 2 and Tier 3 cities across India to provide foundational-level courses.

    8. Responsible AI

    To ensure the responsible development and deployment of AI, projects will be initiated to develop indigenous tools and frameworks. Self-assessment checklists for innovators and other guidelines and governance frameworks will also be established.

  • Xiaomi 14, Xiaomi 14 Ultra Launched In India; Check Specs, Price And Other Features |

    New Delhi: Xiaomi launches its much-anticipated Xiaomi 14 flagship series in India. The series includes the Xiaomi 14 and Xiaomi 14 Ultra. Xiaomi also announces a partnership with Huawei and Qualcomm.

    Notably, Alan Schaller, a Leica photographer, tested the Xiaomi 14 series cameras. The smartphone also features a 'Cloud de Paris design' and an aluminum frame. The Xiaomi 14 will go on sale on March 11 at 12 PM via mi.com, Xiaomi outlets, Mi Home stores, Amazon and Flipkart. Meanwhile the Xiaomi 14 Ultra will go on sale on April 12 via mi.com and Xiaomi Home outlets.


    Xiaomi 14 Specifications And Price:

    The smartphone features a 6.36-inch screen, offering an impressive brightness of 3000 nits and enhanced by Dolby Vision technology. It is powered by the Snapdragon 8 Gen 3 processor, ensuring smooth performance. It runs on the Android 14 HyperCharge OS. The Xiaomi 14 comes in three color options: Jade Green, Matte Black, and Classic White.

    Co-engineered with #Leica, the #Xiaomi14 camera system redefines Smartphone photography experience:

    Next-gen Leica Summilux lens for exceptional clarity & detail. Light Fusion 900 image sensor for single-frame HDR & low-light brilliance. Leica 50MP Triple Camera System… pic.twitter.com/xY2YnbRnYB — Xiaomi India (@XiaomiIndia) March 7, 2024

    The smartphone is loaded with a 4610 mAh battery and 50W wireless HyperCharge capability. With an IP68 rating, it provides exceptional durability and resistance to water and dust. For connectivity, the smartphone features next-generation Wi-Fi 7 technology, Type-C USB 3.2 Gen 1, Bluetooth 5.2. (Also Read: Realme Narzo 70 Pro 5G With Air Gesture Support And Design Teased On Amazon Microsite)

    The newly-launched smartphone comes with 12 GB RAM and 512 GB storage variant and carries a price tag of Rs 69,999. There is a 24-month no-cost EMI. In the camera department, the smartphone features a 50MP primary camera with OIS. For selfies and video chats, there is a 32MP Camera.

    Xiaomi 14 Ultra Specifications And Price:

    The smartphone features a 6.73-inch QHD+ LTPO OLED display, boasting a smooth 120Hz refresh rate and a resolution of 3200 x 1440 pixels. It runs on the Android 14-based HyperOS custom skin.

    The smartphone is loaded with a 5,300mAh battery, supporting rapid charging capabilities with 90W wired charging and impressive 80W wireless charging support. Xiaomi 14 Ultra comes in Black and White color options.

    This smartphone is powered by Snapdragon 8 Gen 3 and features a Quad Curved display. The newly launched smartphone comes with 16 GB RAM and 512 GB storage variant and carries a price tag of Rs 99,999. (Also Read: Vivo V30 Series With Android 14 And Zeiss Optics Launched In India At Rs 33,999; Check Price, Specs)

  • Realme Narzo 70 Pro 5G With Air Gesture Support And Design Teased On Amazon Microsite

    Realme Narzo 70 Pro smartphone sports a circular camera island at the back, as per Amazon's microsite.