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petrochemical industry is charting a path towards becoming a global powerhouse, integral to the nation’s economic vision of a USD32 trillion economy. This ambitious journey hinges on a dynamic chemical sector, with manufacturing output projected to increase by an extraordinary 50 times, reaching USD6 trillion. This growth will be driven by strategic partnerships, investments in sustainable practices, and innovation across the chemical value chain.

Modi condoled the demise of BPL Group founder T P Gopalan Nambiar on Thursday and said the pioneering innovator and industrialist was a strong votary of making India economically strong. Nambiar (94), the founder of Indian electronic company BPL Group, died on Thursday, family sources said.

IT firms are increasingly snapping up Indian startups at a time when the startup ecosystem is amid a funding crunch. Several of the acquired firms are working in the segments of AI, semiconductor, data and analytics and spacetech among others. Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretionary spends, returns, say analysts. Big IT firms such as Accenture, Infosys and IBM along with many midcaps like Persistent, Cyient, Global Logic and others have recently acquired smaller Indian firms working in cutting-edge technologies. This month, IBM acquired a Bengaluru-headquartered software-as-a-service (SaaS) startup Prescinto for an undisclosed amount. Later in the month Hyderabad IT engineering service provider Cyient acquired 27.3% in US based Indian startup Azimuth AI for $7.25 million. The acquisition will expand Cyient’s capabilities across the semiconductor industry.

Buzz Aldrin, the second person to walk on the moon, has endorsed Donald Trump for the upcoming US Presidential elections. In a press release dated October 30, Aldrin expressed his support for Trump, highlighting the nation's pursuit of ambition, hope, and innovation. «America is a nation of bold ambition, hope, and energy. We are a nation of free thought, free association, and free movement. We are a nation that allows the best of humanity to emerge, and we strive for great things,» Aldrin said. He recalled his involvement in the mission to put a man on the Moon 50 years ago and voiced his disappointment in the government's inconsistent approach to space exploration. Aldrin, reflecting on his historic Apollo 11 mission over fifty years ago, voiced his disappointment with the government's fluctuating commitment to space exploration. He noted, «the government approach to space had waxed and waned,» describing it as a dynamic that «disappointed» him. However, he praised the Trump administration for reinvigorating national efforts in space, saying, «Under the first Trump Administration, I was impressed to see how human space exploration was elevated, made a policy of high importance again.»

Subscribe to enjoy similar stories. Picture this: A financial markets trainer takes to the stage, looking at a large screen of flickering prices, and then immediately breaks into a dance, with a couple of hundred people in the audience joining him in an apparent money-making festival. If you thought this is a scene from a movie, it’s not.

Subscribe to enjoy similar stories. India’s growing prominence on the global tech stage is attracting industry heavyweights, though not without friction. The country’s IT sector is globally renowned not just for its scale but also for its deep expertise in computer science.

Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year

LONDON — Britain's Labour government on Wednesday announced plans to raise the rate of capital gains tax on share sales, news that offered some relief for technology entrepreneurs who feared a more intense tax raid on the wealthy.

defence production and export, saying every Indian can be proud of this journey, as he gave a passionate call to startups, manufacturers and innovators to be a part of the sector. In a post on LinkedIn, he told the youth, startups, manufacturers and innovators that India's defence sector is calling them. This is their moment to be part of history, he added. «India needs your expertise and enthusiasm. The doors are open for innovation, the policies are supportive, and the opportunity is unprecedented. Together, we will make India not just Aatmanirbhar in defence but a global leader in defence manufacturing,» Modi said. «Together, let's build a stronger, self-reliant Bharat,» he said in a piece titled «India's Defence Revolution Takes Flight».

Indian youth is among the best in innovation and technology after GitHub's CEO Thomas Dohmke said India's rise as a global tech titan is inexorable. Dohmke, whose firm is a leading developer platform, said on X, «Of course, I have to show some love to India. Now the fastest growing developer population on the planet, India's rise as a global tech titan is inexorable.» He said India's developers have gone a leap further as they are increasingly using AI (artificial intelligence) to build AI. «India has the second-highest number of contributors to public generative AI projects. This makes it evermore likely the next great AI multinational is borne on the continent,» he added.

jobs filled globally in 2024 bear titles unheard of in the year 2000. Roles such as Sustainability Manager, AI Engineer, Social Media Manager, Data Scientist, and Customer Success Manager have now become integral across industries. The shift is driven by the rise of new technologies like Artificial Intelligence (AI) and a greater emphasis on sustainability. Among 5,000 surveyed global business leaders, 82 per cent in India observe a rapid acceleration in workplace transformation, with a rising demand for roles, skills, and innovative technologies reshaping job requirements. With Generative AI at the forefront, 70 per cent of global business leaders rank AI adoption among their top priorities for 2025. LinkedIn India’s Talent Solutions Head, Ruchee Anand, underscored this shift, stating, «As we look to 2025, businesses are increasingly prioritising AI adoption, alongside meaningful investments in upskilling and reskilling their people. Embracing AI is not just about keeping pace; it's about empowering teams, fostering innovation, and creating resilient workforces ready to thrive.»

The funding will come from the European Innovation Council (EIC), which is part of the EU's research and innovation programme, and it represents an increase of nearly 200 million euros in terms of investment compared to 2024. European politicians have targeted tech and the fast-growing artificial intelligence (AI) sector as one of their key priorities in terms of boosting the region's sluggish economy.

Centre of Excellence in Ayurveda for Diabetes and Metabolic Disorders at the Indian Institute of Science (IISc). The launch coincides with the ninth National Ayurveda Day, celebrated on 29 October, which this year carried the theme “Ayurveda Innovations for Global Health.” This year's theme emphasised the importance of integrating Ayurveda with modern science to address critical health issues like diabetes, IISc said in a media statement. One of the key highlights of National Ayurveda Day 2024 is the launch of six new Centres of Excellence in Ayurveda across India. These centres, established under the "Ayurswasthya Yojna" programme, will be led by institutions like IISc, IIT Delhi, Jawaharlal Nehru University Delhi, CSIR-Central Drug Research Institute, Lucknow, and so on. Backed by a grant of Rs 52.47 crore, these centres will spearhead cutting-edge research, education, and healthcare innovation in the field of Ayurveda, by providing scientific underpinning for traditional knowledge, the statement added.

Meta’s Build with AI summit in Bengaluru, Nilekani stressed that India's AI trajectory should be less about competing in LLM development and more about building an infrastructure to gather and utilise data, driving meaningful innovation across various sectors, highlighted the publication."Our aim is not to build yet another LLM," Nilekani remarked, referencing the significant investments by Silicon Valley giants in creating vast language models. “Let the big players handle that.

https://x.com/pepe_unchained/status/1838641240583344541

Dhriti Prasanna Mahanta, VP and Business Head, TeamLease Degree Apprenticeship, says these changes have led to increased demand for specialised roles. Mid-senior level hiring now includes positions like credit analysts, investment bankers and financial analysts who focus on risk evaluation, capital management and financial planning. Asset managers oversee investment portfolios, while product managers develop innovative financial products. In fintech, roles such as cybersecurity managers, data scientists, research analysts, software developers, machine learning experts and database architects have become crucial, leveraging advanced analytics and technology to drive business growth and enhance customer experiences. Aatash Shah, SVP and Head-Business, Manipal Academy of BFSI, says with 80% of transactions happening through digital platforms, operations roles are transitioning to digital-first, and recruitment now focuses on customer engagement via digital channels. This reflects the broader industry trend of moving towards digitally savvy roles over traditional operational positions.

DXY is significantly influenced by the economic and fiscal policies proposed by the U.S. administration. With Donald Trump and Kamala Harris outlining distinct policy paths, the DXY could experience notable fluctuations, which in turn would directly affect the Indian rupee and stock markets.

Cyient, on Monday announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company, for a consideration of $7.25 million. The strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an exchange filing. This is the third such M&A deal entered by Cyient this month.

Air Quality Index (AQI) for Noida plummeted to 304, down from 169 the previous day. Greater Noida reported an AQI of 312, while Ghaziabad recorded an even higher AQI of 324.

Importance of AI Courses