Digital Financial News

09.12 / 11:35
markets Digital Software Experts PAM Features X launches Aurora, a new image generator for Grok
Grok assistant. However, the feature, which went live briefly on Saturday, seemed to vanish for some users shortly after. Similar to Flux, the first image generator added to Grok in October, Aurora appears to operate with minimal restrictions. Accessible via the Grok tab on X’s mobile apps and web platform, Aurora can generate images of public figures and copyrighted characters, such as Mickey Mouse, without objection. While it avoided creating explicit nudes during tests, it did allow graphic content. Announced by xAI, Musk’s artificial intelligence startup that develops Grok and other AI-powered features for X, Aurora was unveiled in posts on X early Saturday. However, the team did not specify whether Aurora was independently developed.
09.12 / 11:35
markets Citi Digital Mobile exclusive Features Profiles India-spec MG Cyberster revealed, launch set for January 2025; Check details
MG Motor India, through its newly established premium retail channel MG Select, has unveiled the MG Cyberster, an electric two-seater roadster that marries heritage with modernity. The Cyberster pays homage to the iconic 1960s MG B Roadster while incorporating cutting-edge technology. It will make its market debut in January 2025 at the Bharat Mobility Global Expo. The MG Cyberster is set to be the first vehicle in the MG Select lineup, with the company aiming to introduce four new energy vehicles in the next two years. MG Select will cater to a growing demand for «accessible luxury» by providing exclusive experience centres across 12 Indian cities.
09.12 / 11:35
markets UPS Digital Google Strategy Sustainability Experts Government’s vision is to make AI in India, make AI work for India, and AI for all: Jitin Prasada
Jitin Prasada said on Monday. “Despite being the largest connected nation globally, our presence in the critical global public forums where global standards and technologies for the Internet are determined — it is notably underrepresented,” the minister said. “It is a priority of our government to address this imbalance and ensure that our nation's perspectives contribute significantly to shaping the global discourse on internet governance.”
09.12 / 11:03
markets Digital Progressive Extreme Fighting Experts country Rajya Sabha adjourned for the day amid uproar over alleged link between Congress leaders and Soros
«The purpose of that meeting was to ensure that the House runs smoothly. Both sides had a frank discussion and they signalled two things. One, that integrity, and sovereignty of the nation are sacred for us. We cannot allow any forces within the country or outside to sacrilege our unity, our integrity and our sovereignty,» Dhankhar said, adding that the leaders have agreed to meet in his chamber again at 10:30 am on Tuesday. The Chairman then appealed to all members to carefully consider the oath of the Constitution they have taken to ensure the integrity of the nation on a priority basis.
09.12 / 11:03
markets Digital CEO Platform Healthcare Experts travelers Startups positioning India for exponential economic growth: Zupee founder Dilsher Malhi
economic growth, Dilsher Malhi, founder and CEO of online gaming platform Zupee, said on Monday. Speaking at the India Internet Governance Forum (IIGF) 2024, Malhi said startups are adding value to society's experiences and redefining how people experience education, healthcare, travel, and entertainment. «India has become the world's third-largest startup ecosystem and we believe this has happened mainly because of the endless possibilities that arise from a credible digital public infrastructure consisting of UPI and Aadhaar, and the penetration of mobile phones across the country. Now with the Bharat 6G vision, the semiconductor mission and the AI mission, startups are positioning India for an exponential economic growth,» he said. Speaking on the concept of «gamification» in addressing real-world challenges, Malhi described how startups are evolving from merely providing solutions for immediate problems--what he referred to as «painkillers»--to offering enriching experiences that enhance well-being, termed «vitamins.»
09.12 / 11:03
markets Digital Manufacturing Google Sustainability Experts electronic PLI had led to Rs 1.25 lakh crore investments: PM Modi
production linked incentive (PLI) schemes have led to investments of over Rs 1.25 lakh crore, Prime Minister Narendra Modi said Monday. Speaking at the Rising Rajasthan Global Investment Summit 2024, he said the role of PLI scheme in increasing manufacturing in India is also increasing. «There is a lot of enthusiasm in Electronics, Specialty Steel, Automobiles and auto components, Solar, and Pharmaceuticals,» PM Modi said. «Investment of about Rs 1.25 lakh crore has been made in due to PLI scheme. Products worth about Rs 11 lakh crore have been manufactured and exports have increased by Rs 4 lakh crore,» he said.
09.12 / 10:53
UPS Provident Digital Platform Strategy Software economy UAE's AI Office partners with UiPath to further key National AI Strategy objectives
UAE government announced a partnership with UiPath, a leading enterprise automation and AI company, to advance Agentic Automation — a transformative approach to automation powered by AI. This collaboration will focus on developing AI-powered automation solutions across government entities while equipping UAE talent with critical AI skills. The Memorandum of Understanding, aligned with the UAE National Strategy for AI and supporting the UAE's vision to become a global leader in AI by 2031, was signed by Omar Sultan Al Olama, minister of state for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Daniel Dines, founder and CEO of UiPath, along with the UiPath team
09.12 / 10:29
markets Digital Research Experts PAM show cover Myth Debunking 101: Cover letters don’t matter for entry-level positions
freshers believe that as they do not have work experience, they only need a resume to crack an interview and cover letters are just for experienced individuals. This is not true. Irrespective of your experience, a well-crafted cover letter can convey why you are the most suitable candidate for the job. This can greatly influence the employer’s decision in your favour. Hence, it’s important to explain the significance of cover letters to debunk this myth in freshers’ minds. Sarbojit Mallick, Co-founder, Instahyre, says some entry-level applicants may mistakenly believe that cover letters are unnecessary as writing a personalised cover letter for each application can be time-consuming. Some are of the opinion that a cover letter repeats information found in the resume. Sometimes, the job description instructs candidates to not submit a cover letter, or the application platform might not have an option to upload a cover letter. All these reasons can make a fresher ignore a cover letter.
09.12 / 10:29
markets Digital Platform Software Experts information Features Kinetic Green partners with JioThings to launch digital display platforms, analytics suite
Kinetic Green Energy and Power Solutions on Monday said it has forged a technical collaboration with Jio Platforms Limited's subsidiary JioThings to launch a suite of digital display platforms and analytics. As part of this collaboration, Kinetic Green is unveiling an innovative Smart TFT-based digital and connected display platform to revolutionise the riding experience for its consumers on its E2W platforms, the company said. This advanced display integrates essential features, including real-time navigation, notifications for incoming calls, and information on nearby charging stations, Kinetic Green Energy added. The collaboration will also introduce key features like a built-in Bluetooth and telematics-enabled device to ensure seamless connectivity.
09.12 / 10:29
markets Digital economy Election Experts PAM country Mauritius economy 'much worse than we imagined', new prime minister says
Navin Ramgoolam announced the audit days after his coalition won a resounding election victory in November, alleging the previous government had manipulated data to put a positive spin on the country's economic prospects. The former finance minister, Renganaden Padayachy, has not responded to requests for comment about Ramgoolam's allegations since the launch of the audit. Padayachy did not respond to further calls and a message seeking comment on Monday.
09.12 / 07:27
markets BLOCK Digital Strategy Software Highways Schools Farmers protest: SC dismisses plea seeking clearance of highways in Punjab
Farmers under the banner of the Samyukta Kisan Morcha (non-political) and Kisan Mazdoor Morcha have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. The plea, filed in the apex court by a social activist hailing from Punjab, also sought directions to the Centre and others to remove restrictions on farmers' protests and to ensure that national highways and railway tracks are not blocked by the agitating farmers.
09.12 / 07:27
markets Digital Airlines security film Videos Couple caught having sex on plane, crew faces heat as explicit footage goes viral
The video was captured by the cockpit-controlled security cameras on the Swiss Air passenger jet. The couple, which reportedly snuck into plane's kitchen, were filmed by crew members engaging in sexual activity, sparking outrage and raising concerns about passenger privacy and conduct of the crew.
09.12 / 07:05
markets Digital Progressive Strategy economy Experts innovations Indian startups disrupting ecommerce dominance of foreign players with instant delivery model: Zupee CEO
Indian startups are redefining the ecommerce landscape, previously dominated by foreign players, through innovative instant delivery models, said Dilsher Singh Malhi, founder and chief executive officer (CEO) of Zupee. Speaking at the India Internet Governance Forum (IIGF) 2024, held at Bharat Mandapam in Delhi on Monday, Malhi emphasized the transformative role of Indian enterprises in the digital economy. «First the Indian ecommerce was driven and controlled by the foreign players primarily, but the instant delivery model of Indian companies is disrupting the ecommerce business,» he remarked.
09.12 / 04:05
markets Digital Sustainability Moodys Research reports Schools Repair work for Puri Jagannath temple's 'Ratna Bhandar' likely to start from Dec 16
Archaeological Survey of India (ASI) is likely to start repair work for the 'Ratna Bhandar' of the Jagannath temple in Odisha's Puri from December 16, an official said. The ASI has sought approval from the Niti sub-committee of the temple for the proposed repair work, ASI superintendent D B Garnaik said on Sunday. «After getting the time slot, we will start the work, most probably from December 16,» he said. Earlier, the ASI had conducted the GPR-GPS survey of the 12th-century shrine's 'Ratna Bhandar' (treasury) with the assistance of the Hyderabad-based National Geophysical Research Institute.
09.12 / 04:05
markets Digital Strategy DISH Experts Videos Hotel in Meerut serves chicken to vegetarian family; Video goes viral
Romeo Lane restaurant in the Down Town Complex on Friday evening. The family had ordered a vegetarian dish, but they were served roasted chicken. As the family realised that it was a non-vegetarian dish, they created a ruckus in the restaurant. A purported video of the incident has gone viral on social media.
09.12 / 04:05
markets Digital Analysis Sustainability Healthcare trends Trade ETMarkets Smart Talk: From AI to Renewables - Growth stocks theme to watch in 2025: Subhash Chand Aggarwal
central banks globally expected to ease monetary policies in 2025, growth stocks, particularly in sectors like technology, healthcare, and renewable energy, are expected to see significant gains,” says Subhash Chand Aggarwal, Chairman & Managing Director, SMC Global Securities Ltd, said. In an interview with ETMarkets, Aggarwal said: “A diversified portfolio that includes both growth and value stocks can help mitigate risks and capitalize on opportunities in 2025,” Edited excerpts:
09.12 / 04:05
markets COST Digital Sustainability Moodys country Schools How China became the world's largest car exporter
President-elect Donald Trump has promised to impose new tariffs on China. Many countries, including the United States, already levy extra tariffs on China's electric vehicles. But with all of the advantages China wields in automaking, this pushback is unlikely to undercut China's dominance. China's home market for car sales is the world's largest — almost as big as the U.S. and European markets combined.
09.12 / 03:31
markets Digital Strategy War International Analysis: Collapse of Syria's Assad is a blow to Iran's 'Axis of Resistance'
Iran's theocratic government, it keeps getting worse. Its decades-long strategy of building an «Axis of Resistance» supporting militant groups and proxies around the region is falling apart. First came the crushing Israeli campaign in Gaza triggered by the October 7, 2023, attack on Israel by Iranian-backed Hamas. That war spawned another in Lebanon, where Israel has mauled Iran's most powerful ally, Hezbollah, even as Israel has launched successful airstrikes openly inside of Iran for the first time. And now Iran's longtime stalwart ally and client in Syria, President Bashar Assad, is gone. As dawn broke Sunday, rebel forces completed a lightning offensive by seizing the ancient capital of Damascus and tearing down symbols of more than 50 years of Assad's rule over the Mideast crossroads.
09.12 / 03:31
markets Digital Strategy Software Experts 2024 will be the hottest year on record, EU scientists say
European Union scientists said on Monday. The data from the EU's Copernicus Climate Change Service (C3S) comes two weeks after U.N. climate talks yielded a $300-billion deal to tackle climate change, a package poorer countries blasted as insufficient to cover the soaring cost of climate-related disasters. C3S said data from January to November had confirmed 2024 is now certain to be the hottest year on record, and the first in which average global temperatures exceed 1.5 degrees Celsius (2.7 degrees Fahrenheit) above the 1850-1900 pre-industrial period.
09.12 / 03:31
markets Digital Strategy Experts PAM innovations gatherings UAE gathers India’s top startup founders & prominent Emirati leaders to encourage partnerships
United Arab Emirates hosted the inauguralFounders' Retreat from 6 to 8 December. The Retreat brought together more than60 of India’s most prominent start-up founders and key UAE business leaders, investors, and policymakers to discuss new directions and opportunities in the bilateral investment partnership. Co-organised by the UAE Embassy in Delhi, Offline, and the UAE-India CEPA Council, the event marked a significant milestone in the UAE-India partnership, showcasing the two countries’ shared commitment to fostering innovation and economic growth. With participating retreat ventures averaging a valuation of USD 3.5 billion, alongside representation from founders of 13 Indian unicorn start-ups and five publicly listed companies,this first-of-its-kind platform facilitated transformative collaborations and highlighted the mutual benefits of closer investment ties between the two nations.

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