The AI market is expected to grow to $2 trillion by 2030. As of last year, 73% of US companies across industries are utilising AI in some form. However, as businesses across the globe increasingly recognise the potential of AI to drive growth and innovation, many need help to implement these technologies effectively.
Industries Minister MB Patil announced the government's plan to borrow Rs 5000 crore for infrastructure in new industrial areas, focusing on water supply lines and land acquisition. Additionally, a modern startup park is planned in Bengaluru, and a tech park in Belagavi will focus on the med-tech sector.
Four people were killed and nine more were injured in a horrific shooting at Apalachee High School in Georgia. The shooter, 14-year-old Colt Gray, is currently being held. Authorities are looking at his previous actions and the manner in which he obtained the firearm.
Amazon says 1.50 lakh exporters have been part of the Amazon Global Selling programme, cumulatively selling over 40 crore made-in-India products across the world.
The article highlights nine dynamic business leaders who have shown exceptional resilience and strategic thinking in their respective fields. From technology to finance, these leaders have navigated challenges and driven innovation, making significant impacts on their industries and beyond. Their stories serve as inspiration for aspiring entrepreneurs and leaders.
Indian stock markets, represented by the Sensex and Nifty 50, initially opened higher but later lost ground, mirroring a similar trend in global markets. This decline was fueled by weak US economic data that sparked concerns about a potential economic slowdown.
Former Union Minister Suresh Prabhu has been nominated to the World Agriculture Forum (WAF) Board. WAF Chairman Rudy Rabbinge highlighted Prabhu's expertise as crucial for shaping the future of agriculture. The forum aims to address global food security, sustainable practices, and policy issues by bringing together key stakeholders in the agricultural sector.
Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny. Private sector employment rose by 99,000 in August while job gains in July were revised down to 111,000, said ADP in a report.
Gold prices climbed by Rs 500 to Rs 74,100 per 10 grams in the national capital on Thursday due to fresh demand by jewellers amid a strong trend in the overseas markets. The precious metal had closed at Rs 73,600 per 10 grams in the previous close on Wednesday.
Jaydeep Apte, the sculptor of the Chhatrapati Shivaji Maharaj Statue, has been sent to police custody till September 10. Apte was arrested following the statue's collapse in Sindhudurg district. Maharashtra Chief Minister Eknath Shinde emphasized that everyone is equal before the law. The incident has sparked political tensions in the state.
Prime Minister Narendra Modi's recent visit to Singapore has resulted in a significant investment commitment of Rs 5 lakh crore from Singaporean companies. Modi encouraged businesses to invest in various sectors, highlighting the aviation sector's need for over 100 new airports and increased competition in domestic air traffic.
The CMA said that even before being bought, Inflection had a small portion of UK visits for chatbots and AI tools and, unlike its rivals, couldn't significantly grow or maintain its chatbot users.
On Thursday, Nifty ended slightly lower, forming a small red candle and closing 53.60 points down at 25,145. The short-term trend remains choppy, with key support at 25,000-24,900 and immediate resistance at 25,300, according to Nagaraj Shetti of HDFC Securities.
Veteran French politician Michel Barnier has been appointed as France's new prime minister after two months of political deadlock. Known for his role in Brexit negotiations, Barnier faces significant challenges, including a potential no-confidence motion. His recent shift to the right and hardline stance on migration have stirred controversy.
Lt Governor VK Saxena has approved the creation of over 3,200 posts in the Delhi prisons department. These positions include various roles such as superintendent, deputy superintendent, and warder. The restructuring aims to ensure timely promotions and motivation for staff. The new posts will be filled within six months across Tihar, Mandoli, and Rohini jails.
The relationship between India and the United States has evolved into a robust partnership, focusing on defence, space exploration, and maritime security. Key elements include trust, effective structures, and strategic frameworks. Recent agreements aim to enhance cooperation in technology transfer and joint development, highlighting the importance of continuous dialogue and private-public partnerships.
Wells Fargo has expanded its talent attraction strategy in India by launching the Transgender Persons Hiring Program. This initiative aims to enhance diverse representation and provide employability skills training for transgender individuals. Partnering with PeriFerry, Wells Fargo sponsors 30 transgender individuals, promoting workforce diversity and inclusion across multiple business lines.
The European Union aims to strengthen cooperation with India for a free, open, inclusive, and rules-based maritime order in the Indo-Pacific. This initiative follows a visit by senior Indian officials to EU institutions in Brussels. The focus is on addressing common security challenges and promoting peace and stability in the region.
National Conference president Farooq Abdullah stated that the people of Jammu and Kashmir are the real owners of their land, not slaves of the Centre. He urged BJP supporters in Kashmir to reconsider their stance and emphasised that statehood restoration is a matter for the Centre. Abdullah also addressed party defections as a normal election process and reiterated his call for India-Pakistan dialogue.
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