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IndiGo has launched an AI chatbot, 6Eskai, powered by the GPT-4 technology with an aim to address travellers' queries in 10 different languages and to offer a first of its kind platform for booking tickets across the entire network. The airline spokesperson said that developed entirely in-house by IndiGo's digital team, in close collaboration with Microsoft, the AI chatbot represents a significant milestone for the airline.

artificial intelligence (AI) computer programme can generate doctors' notes so well that two physicians couldn't tell the difference, according to a study, that may soon open the door for AI to support health care workers with groundbreaking efficiencies. In this proof-of-concept study, physicreviewed patient notes — some written by actual medical doctors while others were created by the new AI programme — and the physicians identified the correct author only 49 per cent of the time.

₹24,500 billion) by FY26, with electronics exports expected to hit $120 billion by then. These projections depend on India gradually reducing its dependence on electronics imports. At present, India fulfills a majority of its electronic needs through imports.

Honasa Consumer Care are expected to sell shares this week for about ₹150 crore, sources told CNBC-Awaaz, adding that the block deal is probably going to be carried out at a 5–7% discount to the current market price of ₹477.10. The deal's broker is Kotak, and the block is expected be an ESOP (employee stock ownership plan) pool of roughly 31 lakh shares, CNBC-Awaaz reported. Honasa Consumer shares have increased by more than 47% since listing compared to the ₹324 issue price.

– By Mayur Mulani

The World Bank estimates that India will need to invest approximately $ 840 billion in urban infrastructure over the next 15 years. The Union Budget 2023-24 has already allocated ₹10 trillion towards capital investment and has identified one hundred critical transport projects for first and last mile connectivity.

PHD Chamber of Commerce and Industry (PHDCCI) is launching its policy forum initiative, led by president Sanjeev Agrawal and Dr. Manoj Pant, Advisor –PHDCCI and former VC, Indian Institute of Foreign Trade (IIFT), along with Dr Ranjeet Mehta, executive director, PHDCCI. The industry body said the move, emphasizing collaboration with the government and top research entities, aims to ‘revolutionize’ India's policy approach. In an interview to ET, PHDCCI president Sanjeev Agrawal discussed the goals of the initiative, potential challenges, and its potential to ‘revolutionize’ policy-making in India and beyond, besides PHDCCI's broader vision. Edited excerpts:

₹10 each for every 1 existing fully paid-up equity share of ₹10 each held by the Members of the Company as on the Record Date," the company said in a BSE filing on Monday. This will reportedly be the company's first bonus issue of shares. Newgen Software board has also approved the increase in the authorized share capital of the company from ₹110.10 crore to ₹180.10 crore.

A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform.

The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry.

Saudi Arabia has introduced stricter rules for issuing visas to recruit domestic workers from abroad, saying that the minimum age for a single employer to obtain such a visa is 24 years. The regulations, recently announced by Musaned, a government platform overseeing domestic labor in Saudi Arabia, outline specific eligibility criteria for visa applications. Under these rules, Saudi citizens, Gulf nationals, foreign wives of Saudi men and their mothers, along with holders of Saudi premium residency permits, can apply for visas to hire overseas domestic labor, contingent on the financial capabilities of the employers. This move comes as part of Saudi Arabia's efforts to streamline and regulate the domestic labor market. The Ministry of Human Resources has established the Musaned platform to empower customers with information about their rights, duties, and related services. These services encompass visa issuance, recruitment requests, and the contractual relationship between employers and workers. The Musaned platform facilitates wage transfers to labor through digital services such as STC pay and Urpay apps. Additionally, it offers features like the transfer of a house worker's service between employers, authentication of domestic labor contracts, and the resolution of disputes. The Ministry emphasizes the necessity of conducting contracting through Musaned, which serves as the official recruitment platform for domestic labor in the country.

Xi Jinping Thought in the New Era of Socialism with Chinese Characteristics." A billboard-sized image of Mr Xi, China’s leader, waves to visitors as they enter the lobby. In a nearby factory NHI’s tunnel-boring machines, used for digging metro lines, rise four storeys into the air. The company was founded by the state many decades ago.

Independent market expert Mahantesh Sabarad says “this could probably be the good time to lock in your home buying activity because you will potentially see interest rates falling as you go ahead because most of the home loans are variable interest rate structured, you will tend to find that benefit coming in. I do not believe that this is the time to get into the cement companies as a play on the real estate sector. ” Do you think cement and building materials is a better way to play the real estate theme right now because the real estate developers themselves have run up quite substantially? Yes, sometimes it does make sense to play in the real estate segment through the cement companies but not always.

TikTok maker ByteDance is set to internally announce on Monday the winding down of its Nuverse gaming brand and full retreat from mainstream video games, four people familiar with the matter told Reuters. The Chinese technology firm has no plan to return to the $185 billion global video games market, said the people, who declined to be identified as the information is not public.

Russia on Sunday put Meta Platforms spokesperson Andy Stone on a wanted list on unspecified charges as the US social media giant — which owns Facebook — is classed as "extremist" by Moscow. Russia has hugely cracked down on media and social media freedom since launching its Ukraine offensive last year and banning criticism of it.

Australia's competition watchdog said on Monday new competition laws are required in response to the rapid expansion of digital platforms such as Amazon, Apple, Google, Meta and Microsoft in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour, such as invasive data collection and practices that lock in customers and limit their choices.

The three month pilot, set for the fourth quarter of 2024, is being run by the Bank of Korea, Financial Services Commission, and Financial Supervisory Service.Participants will be able to make purchasers with deposit tokens issued by commercial banks in the form of CBDC, says the Korea Times.

Reliance Jio, Bharti Airtel and Vodafone Idea — as revenues remain a relative straggler to data usage. Case in point: While the just-ended cricket World Cup may have boosted mobile data usage by over 4% sequentially in the December quarter for the top three telcos, that will translate only into relatively modest sequential revenue growth — at best 1% — since consumers invariably have large chunks of unused data, precluding mass upgrades to higher value plans. Furthermore, some digital viewing of World Cup action on smartphones was via WiFi and not mobile data. But the saving grace this quarter is likely to be the festive season and the slew of assembly elections in multiple states (Rajasthan, Chattisgarh, MP and Mizoram), coupled with 5G user additions by Jio and Airtel and extra days during the October-December period. This, analysts, estimate could potentially boost overall data usage levels by almost 7-8% sequentially, which, in turn, could drive around 3-3.5% sequential growth in sectoral India mobile revenues during the current quarter. «The World Cup factor will have pushed up data usage levels north of 4% sequentially in Q3FY24 for the top 3 telcos, but it's likely to at best trigger only around 1% revenue upside on-quarter for them as data packs, typically, tend to be under-utilised, which limits possibility of consumers upgrading to higher value packs,» Prashant Singhal, Emerging Markets, Technology, Media & Telecom leader, EY India, told ET. The top 3 telcos collectively reported 3% and 2.4% sequential growth in India mobile revenues in Q1FY24 and Q2FY24 respectively as per company data.

As the world dives deeper into an age of digital transformation, and with the open promise and threat of AI, the need for in-person and collaborative workspace has only become more important.

NEW DELHI : In an extensive interview covering railways, information technology, and telecom, Union minister Ashwini Vaishnaw spelt out the government’s vision on multiple fronts—from making India an export engine of indigenous technologies, to strengthening and expanding the railway network with the right technologies to ensure safe and efficient operations, to ensuring that regulation keeps up with technology and therefore the Digital India Bill, to planning for India to take the lead in 6G where standards are yet to be set. New financial incentives for the components ecosystem may also be considered going forward. Edited excerpts: In every aspect of Railway safety, in the past nine-and-a-half-years, we have invested huge amounts.

Unprecedented Accumulation of Wealth Caused by Bitcoin