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artificial intelligence (AI) revolution, transforming itself into the world’s front office from its back office, said Jensen Huang, founder and chief executive of chip maker Nvidia. He also called for the regulation of AI while dismissing fears that it would replace humans, at the second ET Conversations in Mumbai on Friday that was attended by thought leaders, business chieftains and policymakers. The country has all the ingredients needed to capitalise on the opportunity that will be thrown up by AI thanks to the digital infrastructure that’s in place and software capabilities developed over the years, he said. “India has one of the largest digital ecosystems,” said Huang in his conversation with ET’s Sruthijith KK. “It is an opportunity to reinvent from being the back office of the world, to becoming the front office. From being a cost-reduction centre, to an AI-driven ecosystem.”

Subscribe to enjoy similar stories. One class of Indians that hasn't copped enough of the criticism it deserves for its role in selling out the country to imperialists through the 17th and 18th centuries, is bankers of that time.

Subscribe to enjoy similar stories. New Delhi: India is putting in place an ambitious plan to secure access to critical minerals in foreign countries by buying majority stakes in overseas companies, two people aware of the development said.

Subscribe to enjoy similar stories. The Competition Commission of India (CCI) is considering if there are grounds to open an investigation into the grievances expressed by a trade body against quick commerce platforms Zepto, Blinkit and Instamart.

Turkey on Friday dismissed reports that India had opposed its entry as a BRICS partner country at the group's just-concluded Kazan Summit. A day earlier, a report had appeared in a German daily alleging that India had opposed Turkey's entry into the BRICS partner mechanism. Ankara's dismissal of the report came in an official statement. The news report also preceded German Chancellor Olaf Scholz's three-day official visit to India which began on October 25.

India and Germany voiced concern on the ongoing conflicts in Ukraine and West Asia on Friday, with Prime Minister Narendra Modi asserting that New Delhi is ready to make every possible contribution for the restoration of peace. At the 7th India-Germany Inter-Governmental Consultations (IGC), German Chancellor Olaf Scholz described India as an anchor of stability and requested Modi to work jointly to bring about political solutions to the twin conflicts that have been raging for long. «The ongoing conflicts in Ukraine and West Asia are a matter of concern for both countries. India has always been of the view that war cannot be a solution to problems. India is ready to make every possible contribution for the restoration of peace,» Modi said, with the visiting German chancellor by his side. At the IGC, the two sides signed 18 agreements and documents, including a Mutual Legal Assistance Treaty in Criminal Matters and an agreement on exchange and mutual protection of classified information.

North Korean troops are poised to be deployed by Russia on the battlefield in Ukraine as early as this weekend, Ukrainian President Volodymyr Zelenskyy claimed on Friday. Western officials have warned that North Korean units joining the fight would stoke the almost three-year war and bring geopolitical consequences as far away as the Indo-Pacific region. The possibility has alarmed leaders and deepened diplomatic tensions around the war. A senior official in the Ukrainian presidential office told The Associated Press on Friday that Zelenskyy had cancelled a planned visit to Kyiv by UN Secretary-General Antonio Guterres. The official, who spoke on condition of anonymity because he was not authorised to speak publicly about the matter, said the visit was supposed to come after this week's summit in the Russian city of Kazan of the BRICS bloc of developing economies, which Guterres attended.

Bishweshwar Nandi, the coach of gymnast Dipa Karmakar who won bronze in the 2014 Commonwealth Games, joined the BJP in a simple ceremony at his residence here on Friday. Agartala Mayor and BJP MLA Dipak Majumder welcomed Nandi to the party. «I am deeply influenced by how the BJP is managing the country, whether in sports or other areas, which is why I joined the party,» said Nandi, a Dronacharya award recipient for his exceptional contributions to gymnastics. He recently participated in a virtual meeting with the Union Sports Minister to discuss India's preparations for the 2036 Olympics.

Raamdeo Agrawal, Chairman & Co-Founder, Motilal Oswal Financial Services, says there are forces far bigger than the political circles playing into the market. The biggest force is the retail revolution, the inclusive development of the market where we are getting anywhere between 4-4.5 million customers. Last month, it was 4.35 million. The sustained flow of SIPs and even the block flows are providing a lot of resilience to the market and that is why this huge event of political upset has just gone by. Agrawal further says the real thing to watch out for the next 12 months is the earnings profile and how exactly the industries do and what are the factors which are impacting. Quarterly results might show just about 5-6% growth. All cylinders should fire in the second half. Q3 and Q4 should be better than the first half of the earnings. It has been a good Samvat here, whichever way you look at it. Raamdeo Agrawal: You cannot ask for more, in the sense that the index itself has done about 25-26% and on top of it, everybody's portfolio has done 5-6% better.

Texas Gov. Greg Abbott details the states stock exchange venture to rival Wall Street, the impact of the immigration crisis on jobs and his vow to eliminate Venezuelan gang Tren de Aragua in the state.

Mallikarjun Kharge on Friday slammed the BJP over rising food prices, alleging that the 'triple engine government' in Maharashtra «which grabbed power through the backdoor» has even snatched food from the common man's plate. Now, Maharashtra has decided to completely throw open the farewell doors for the BJP and its allies, he said as the state prepares to vote in the assembly polls on November 20. In a post in Hindi on X, Kharge said the inflation «imposed by the BJP» has hit the people of the country, including Maharashtra, hard and the party needs to be ousted to fix this. «The BJP's 'triple engine government' which grabbed power in Maharashtra through the backdoor has snatched the food from the common person's plate,» he alleged.

Border Security Force (BSF) and its Bangladeshi counterpart the Border Guard Bangladesh (BGB) were to be tentatively held between November 18 and 22 in the national capital, the first such meeting after the collapse of the Sheikh Hasina government on August 5. Sources told PTI that the Bangladeshi side informed about the postponement and indicated that they were working on «an early date» for the meeting to be held. Overall, it will be the 55th edition of the Director General (DG)-level talks between the two forces that also includes officials from the home and external affairs ministries, and anti-narcotics, Customs and some other federal agencies from both the countries that have a stake in border management.

Falguni Nayar, founder and chief executive of beauty and fashion retailer Nykaa, said quick commerce has impacted offline channels such as general and modern trade within the personal care category, and that the Mumbai-based company would not get into multiple categories of quick commerce “just for the sake of” ultra-fast delivery. “The industry is developing in a manner…where quick commerce is taking demand from traditional neighbourhood stores,” she said in a virtual interview with ET, ahead of launching the second edition of Nykaaland, the company’s beauty and lifestyle festival where it collaborates with brands for new launches. Nayar’s comment on the fast-growing quick-commerce channel comes at a time when various retail formats — including ecommerce — is impacted by the rapid rise of platforms like Blinkit, Zepto and Swiggy Instamart besides new entrants such as Flipkart Minutes, offering deliveries as fast as in 10 minutes.

Canada's government has unveiled a new immigration plan for 2025–2027 aimed at balancing population growth with economic and social stability. Immigration Minister Marc Miller emphasized that while immigration is crucial for economic strength, the country must address pressures on housing, infrastructure, and social services. Below are the detailed changes and their implications. “Today’s announcement is the next step in our plan to address the evolving immigration needs of our country. While it’s clear our economy needs newcomers, we see the pressures facing our country, and we must adapt our policies accordingly," Miller said. «These changes will make immigration work for our country so that everyone has access to the quality jobs, homes and supports they need to thrive. We have listened to Canadians, and we will continue to protect the integrity of our system and grow our population responsibly,” he added.

Subscribe to enjoy similar stories. When it comes to electric vehicles (EVs), both investors and the media tend to focus on the makers of these vehicles. However, the other players in the EV ecosystem can often be the game changers.

Subscribe to enjoy similar stories. The middle-class of a country often has a starring role in its economy as much as what we call the ‘public sphere.’ But who qualifies as a member can vary by how we define this class. Should we go by how people view their own status? According to the latest YouGov-Mint-Centre for Policy Research Millennial Survey, as reported in ‘Plain Facts,’ 88% of urban Indian netizens identify themselves as middle-class.

₹440 and ₹463 per equity share with a face value of ₹10. The Afcons Infrastructure IPO subscription period is set to begin on Friday, October 25, and will conclude on Tuesday, October 29.As of June 30, 2024, the firm is actively involved in 65 projects across 12 countries, with a cumulative order book valued at ₹317.47 billion.Over the years, the company has broadened its international footprint, especially in Asia, Africa, and the Middle East.

A California-based produce company is the source of fresh onions linked to a deadly E

Democrat candidate Donald Trump. Jamie Dimon, CEO of JPMorgan Chase is quietly backing a Kamala Harris win this November, even though he had praised Donald Trump and his policies sometime ago.

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

Russian President Vladimir Putin has presided at the closing session of a summit of the BRICS bloc of developing economies, hailing its role as a counterbalance to the West