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AIOCD Strike Against Online Medicine Sales Draws Massive Participation Nationwide We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok Source link

Volvo once had ambitions to fully exit the gas car business. Now it’s trying to keep its tenuous foothold in the EV market.It’s not an understatement to say that Volvo’s EV journey has been a bumpy one. The compact EX40 has been a consistent winner, but the Swedish brand’s other EVs have been plagued with problems. The EX90 was supposed to be a bold statement for the future, but persistent software bugs have forced Volvo into an expensive hardware replacement. The tiny EX30 faired no better, with tariffs upending the rollout of the brand’s first mass-market affordable EV, eventually leading…

SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and AI, and has become one of the world’s most valuable private companies. When it goes public later this year on the Nasdaq exchange, it will become one of the most valuable publicly-traded companies. (Nvidia currently holds the crown…

New Delhi: India’s Gross Expenditure on Research and Development (GERD) has been hovering at 0.6% to 0.7% to its GDP as compared to 2.6% in China, 3.4% in the US and South Korea (5.3%). This is despite an increase in absolute R&D funding which, however, “has ‘not been effective’ due to inflation, increase in the number of institutions, and reduced institutional funds for R&D”, a high-level Niti Aayog panel stated in its latest report.This has resulted in an unprecedented level of competition for R&D grants so much so that application to grant ratio has declined to under 10% across several…

Kolkata: Loans against gold jewellery by both banks and non-bank lenders surged 50% year-on-year to ₹19 lakh crore at the end of March, making the segment the fastest growing among retail advances, data from Crif High Mark showed.High borrowings against gold jewellery reflect in part the surge in the value of the yellow metal, which climbed 36% in dollar terms on a rolling 12-month basis. Furthermore, a shift in the nature of borrowing – from the erstwhile last resort to the use of gold as a temporary liquidity tool – has cast the net wide for this loan type, commentators…

A looming strike by Samsung workers could further tighten memory supply and boost prices, analysts said. Source link

New Delhi: The Competition Commission of India (CCI) is building institutional capacity to better understand digital markets and the evolving role of artificial intelligence, chairperson Ravneet Kaur said Wednesday.She said the regulatory body needs to expand its competencies by bringing in data scientists and analysts that understand what goes on behind AI applications.”While I have a team which is looking at the law, and economic analysis, we also need to build insights when it comes to understanding the AI tools and the way digital markets are functioning,” she said at the 17th annual day of CCI.Kaur underscored the need for…

The UK was last night desperately trying to reassure Kyiv its new sanctions policy on Russia did not weaken restrictions, after Ukrainian officials warned the change could help Moscow fund its war efforts.While Downing Street insisted the decision to allow the temporary import of Russian oil and jet fuel was only one element of a tougher overall sanctions package, a British minister conceded that the matter had been handled “clumsily”.Speaking on Wednesday evening, Volodymyr Zelenskyy, the Ukrainian president, said there had been discussions with the UK about the sanctions package and Ukraine had “conveyed our views”.Yvette Cooper, the foreign secretary,…

NEW DELHI: Food and Agriculture Organisation (FAO) on Wednesday conferred on PM Narendra Modi the Agricola Medal, its highest honour, in recognition of his govt’s landmark schemes to enhance agricultural productivity, bolster food security and further farmers’ welfare, besides his overall commitment to public welfare. Receiving the award in Rome from the specialised UN agency that leads international efforts to defeat hunger and improve food security, PM Modi said it reflected India’s unwavering commitment to food security and sustainable development, and was an honour for the country’s farmers and others working in the sector. FAO director general Qu Dongyu lauded…

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