Bengaluru: Artificial Intelligence (AI) is more than a technology and has become a way of life, N T Arunkumar, MD and Country Head and Head of Innovation, Telstra India, said on Thursday.
AI is more than technology, it is a way of life. Hence, the country needs to shift from being a service provider to becoming a global leader in the industry, a goal worth working towards," Arunkumar said during a panel discussion on AI for Growth, Evolution & Technology' at the Bengaluru Tech Summit-2021.
He pointed out the increasing pivot towards expertise in building this futuristic tech and its applications in everyday life ranging from agriculture to healthcare, defence to manufacturing, to public services. Democratising its usage and closing the digital gap would transform society, he said.
Arunkumar said, When we look at Digital India, we have transformed it from more than a campaign wit.....
The Morrison Government is securing Australia’s economic recovery by backing businesses to succeed and create jobs with a further $33 million to support Australian made food and beverage companies.
Prime Minister Scott Morrison said the funding was part of the latest round of the $1.3 billion Modern Manufacturing Initiative (MMI).
“Liberals and Nationals will continue to protect and grow manufacturing jobs to secure Australia’s economic recovery,” the Prime Minister said.
“More than one million Australians are once again employed in manufacturing and we want businesses to be successful and create even more jobs.
“Under Labor, one in eight manufacturing jobs were lost and Australians can’t risk this sort of economic mismanagement as we begin to open up again.”
Seven Australian companies will share in the funding, which will unlock new manufacturing opportuni.....
Glasgow: Deliberations under the current session of the COP, CMP and CMA came to an end this Saturday in Glasgow, one day after their scheduled conclusion. The wide-ranging set of decisions, resolutions and statements that constitute the outcome of COP26 is the fruit of intense negotiations over the past two weeks, strenuous formal and informal work over many months, and constant engagement both in-person and virtually for nearly two years. The package adopted today is a global compromise that reflects a delicate balance between the interests and aspirations of nearly the 200 Parties to the core instruments on the international regime that governs global efforts against climate change.
Under the UK presidency and with the support of the UNFCCC Secretariat, delegates forged agreements that strengthen ambition in the three pillars of collective climate action.
Adaptation was the obje.....
The Morrison Government will establish a new $1 billion technology fund to turbocharge investment in Australian companies to develop new low emissions technology.
The Low Emissions Technology Commercialisation Fund (the Fund) will combine $500 million of new capital for the Clean Energy Finance Corporation (CEFC) with $500 million from private sector investors.
Prime Minister Scott Morrison said the Fund would back Australian early stage companies to develop new technology.
“Our Plan to reach net zero by 2050 is an Australian one that’s focused on technology not taxes and this Fund backs in Australian companies to find new solutions,” the Prime Minister said.
“Australia can become a world leader in creating low emissions technology that is both affordable and scalable, helping get emissions down while creating jobs.
“We are backing Australian businesses by creati.....
New Delhi: Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said.
Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.
"Aatmanirbhar Bharat Mission encapsulating major structural reforms continues to play a critical role in shaping India's economic recovery, both through the signalling of business opportunities and expansion of spending channels.
"Armed with necessary macro and micro growth drivers, the stage is set for India's investment cycle to kickstart and catalyse its recovery towards becoming the fastest growing economy in the world," the review said.
The Economic Survey 2020-21, released i.....
Mumbai: The dairy industry is expected to grow by 9-11 per cent in 2021-22, driven by a revival in economic activities, increasing per capita consumption of milk and milk products, changing dietary preferences due to rising urbanisation, according to a report.
The industry-wide demand to grow by 9-11 per cent in the financial year 2021-22, Icra said in a report maintaining a stable outlook for the diary industry over the long term.
Revival in economic activities, increasing per capita consumption of milk and milk products, changing dietary preferences due to rising urbanisation, and continued government support to the dairy industry will drive demand, it added.
Domestic milk production is estimated to increase by 5-6 per cent in the financial year 2021-22, supported by a normal monsoon and early onset of the flush season in some regions, the report said.
Post the moderate imp.....
People who receive the Pfizer or AstraZeneca COVID-19 vaccine have antibody levels significantly higher than those infected with the SARS-CoV-2 virus, according to a study published in Scientific Reports journal on Monday. A team led by researchers at the University of Montreal in Canada found that these antibodies were also effective against the Delta variant.
In the study, 32 non-hospitalised COVID-19 positive Canadian adults were recruited 14 to 21 days after being diagnosed through PCR testing in 2020, before the Beta, Delta and Gamma variants emerged. "Everyone who had been infected produced antibodies, but older people produced more than adults under 50 years of age," said Jean-Francois Masson, a professor at the University of Montreal.
"In addition, antibodies were still present in their bloodstream 16 weeks after their diagnosis," Masson said. Antibodies produced after an i.....
The Morrison Government has released the first national Future Fuels and Vehicles Strategy backed by an expanded $250 million Future Fuels Fund investment.
The technology-led Strategy will see the Government work with industry to enhance consumer choice, create jobs and reduce emissions in Australia’s transport sector.
The expanded Future Fuels Fund, will focus on four key areas of investment, including:
Public electric vehicle charging and hydrogen refuelling infrastructure
Heavy and long-distance vehicle technologies
Commercial fleets
Household smart charging
The Government will deliver the Strategy with an expanded $250 million Future Fuels Fund, including $178 million in new funding. The Strategy is expected to result in more than $500 million of combined private and public co-investment directed into the uptake of future fuels in Australia and the creation o.....
In the biggest step forward in protecting the world’s forests in a generation, more than 100 leaders will commit to halt and reverse forest loss and land degradation by 2030 at an event convened by the Prime Minister at COP26 today. The pledge is backed by almost £14 billion ($19.2 billion) in public and private funding.
Countries spanning from the northern forests of Canada and Russia to the tropical rainforests of Brazil, Colombia, Indonesia and the Democratic Republic of the Congo will endorse the Glasgow Leaders’ Declaration on Forest and Land Use. Together, they contain 85% of the world’s forests, an area of over 13 million square miles.
Forests are the lungs of our planet, absorbing around one-third of the global CO2 released from burning fossil fuels every year, but we are losing them at an alarming rate. An area of forest the size of 27 football pitches is lost every.....
Prime Minister Narendra Modi on Monday announced a bold pledge that India will achieve net zero carbon emissions by 2070 and asserted that it is the only country that is delivering in "letter and spirit" the commitments on tackling climate change under the Paris Agreement.
Addressing the world leaders at the High-Level Segment for Heads of States and Government' at the UN COP26 underway at Glasgow, Prime Minister Modi said India is working hard in fighting climate change and it will show results.
Modi also said that India is putting climate change at centre of its policies and stressed on the need to include climate adaptation policies in school syllabus to make the next generation aware of the issues.
"Today the entire world acknowledges that India is the only big economy in the world that has delivered both in letter and spirit' on its Paris commitments. We are making all poss.....
Australia will welcome back fully vaccinated Singaporean travellers in November as part of our step by step and safe reopening to the world.
The quarantine-free travel arrangements will commence on November 21 for Australian states and territories that are ready, and will be available for fully vaccinated Singaporeans travelling from Singapore who present a negative PCR test taken within 72 hours of departure.
Prime Minister Scott Morrison announced the agreement at the G20 Leaders’ Summit in Rome, following a meeting with the Prime Minister of Singapore Lee Hsien Loong.
“Australia is slinging its doors open to fully vaccinated Singaporean travellers in November,” the Prime Minister said.
“This is another significant milestone in our step by step approach to safely reopening to the world that we outlined in the National Plan.
“It follows the announcement this wee.....
Australia is further increasing its international climate finance commitment to $2 billion over the next five years to support developing countries in our region as they tackle the impacts of climate change.
Today we are committing an additional $500 million, on top of the $1.5 billion announced by the Prime Minister in& December 2020. This doubles our previous five-year commitment of $1 billion between 2015 and 2020.
Prime Minister Scott Morrison said the investment would include an increase for the Pacific from $500 million to at least $700 million.
“Australia’s assistance will support Pacific and Southeast Asian countries to enhance climate resilience for future infrastructure investments, including roads, schools and bridges,” the Prime Minister said.
“It will also drive private sector-led climate solutions that support clean technology, jobs and growth across our.....