Science/Tech / The Economic Times
Prime Minister Narendra Modi has invited global businesses to join India's rapid economic expansion. He emphasized technology's role in making banking accessible to all, transforming it from a privilege to an empowerment tool. Digital payments are now commonplace, thanks to the JAM Trinity. India is sharing its fintech expertise globally.
India's Unified Payments Interface, UPI, has expanded its presence in Qatar. Following its airport launch, UPI is now available at Lulu Group stores. This move facilitates smoother and cost-effective capital movement between India and Qatar. It aims to revolutionize trade and strengthen trust between the two nations. Indians residing in Qatar will benefit from faster and cheaper remittances.
Qualcomm expects its new Snapdragon 8 Elite Gen 5 processor to gain significant traction in India, driven by the market's shift towards premium devices and the company's strong brand presence. India has become a prime market for Qualcomm, benefiting from government initiatives in manufacturing and AI, alongside deep engagement with local OEMs and PC makers.
A new study reveals Indian exports make factories greener. Companies become more energy efficient after entering global markets. This happens largely by adopting advanced technologies. The research challenges the idea that trade harms the environment. It shows international trade drives green growth. This helps India meet climate goals and creates jobs for many.
Oracle confirmed its E-Business Suite customers received extortion emails. Google first warned about this high-volume hacking campaign. Hackers exploited previously identified software vulnerabilities. The cl0p ransomware group, linked to Russia, claimed Oracle had bugs. This group operates as ransomware-as-a-service. Customers are urged to upgrade products immediately. Extortion demands ranged up to fifty million dollars.
NASA plans to launch its first crewed Artemis mission around the moon. The launch is scheduled for April next year. It could potentially happen as early as February. The Artemis program aims to return humans to the moon. This multibillion-dollar mission rivals China's lunar ambitions. China targets a 2030 astronaut moon landing.
Conservative commentator Charlie Kirk faced a shooting incident. The event occurred at Utah Valley University. Kirk was presenting when shots rang out. University spokesperson confirmed the incident. Reports suggest Kirk was hit. His security team immediately moved him from the location. Investigation is underway to determine the details.
Warner Bros Discovery has initiated legal action against Midjourney, alleging the AI photo generation company of copyright infringement. The lawsuit claims Midjourney illicitly used Warner Bros' characters like Batman and Bugs Bunny to train its AI model, enabling users to generate unauthorized images.
IN-SPACe facilitated the transfer of five ISRO-developed technologies to Indian companies, aiming to reduce import dependence and boost self-reliance. These technologies span sectors like biomedical, solar panel bonding, and aerospace. The agreements, involving NSIL and recipient industries, mark a significant step in commercializing space technologies and expanding their applications beyond the space sector.
India is set to launch over 100 satellites by 2040, blending government and private sector efforts, according to Science and Technology Minister Jitendra Singh. This initiative aims to boost space technology's role in areas like food security and disaster resilience.
Union Coal and Mines Minister G Kishan Reddy announced the Centre's plan to establish a mineral trading exchange, mirroring the London Metal Exchange, under SEBI regulations. This initiative aims to improve price discovery for industries and traders. The government is also encouraging steelmakers to use domestic coal and focusing on boosting coal and iron ore production for export.