NEW DELHI: The Navy is now set to commission the first of the 16 specialised small warships, designed for anti-submarine warfare and low-intensity maritime operations along the coast, being built at Indian shipyards at an overall cost of Rs 12,622 crore.The first anti-submarine warfare shallow water craft, built by Kolkata-based defence shipyard Garden Reach Shipbuilders…
BENGALURU: Venture capital firm Accel partners Shekhar Kirani and Prayank Swaroop highlighted concerns about Indian AI startups lagging behind global competitors, despite having comparable technical abilities. They cited insufficient urgency and limited global vision as key issues.During a media roundtable on Wednesday, they observed that while India is experiencing an emergence of technically proficient, AI-focused…
A proposed US bill, dubbed ‘The One Big Beautiful Bill,’ threatens to impose a 5% remittance tax on non-US citizens, including H-1B and green card holders, sending money abroad. This could significantly impact the Indian diaspora, who remit approximately $32 billion annually to India. If enacted, Indians in the US could face a $1. Its…
BENGALURU: India’s deeptech ecosystem – comprising startups in AI, spacetech, advanced manufacturing, and semiconductor design – added over 480 new ventures in 2023, up two times the previous year. The cumulative base now stands close to 4,000.In 2024, the sector experienced a remarkable surge in funding, with investments rising by 78% compared to the previous…
NEW DELHI: Uncle Sam expects visitors from India to continue growing at the fastest rate till the end of this decade — as it has seen happen post Covid. The US government’s National Travel and Tourism Office (NTTO) has forecast visitors from India will more than double at 201% from 2019’s 14.7 lakh in 2029,…
(Clockwise from left) Palo Alto Networks CEO Nikesh Arora, Microsoft CEO Satya Nadella, Times Internet Limited vice chairman Satyan Gajwani US-led consortium’s winning bid stood at £295 millionLONDON: A consortium of US-based Indian techies have won the bid to own 49% of The Hundred‘s Lord’s franchise London Spirit.Microsoft CEO Satya Nadella, Google CEO Sundar Pichai,…
Thirty-two-year-old Santacruz resident Hriday Samtani can’t wait to get Botox. On his Scrabble rack, that is.Containing the high-scoring “power tile” ‘X’, this five-letter modernism is among 1,816 freshly added words, including ‘Tomoz’ (tomorrow), ‘Yeet’ (to throw with force), ‘Boujee’ (luxurious in lifestyle, humble in character), and ‘Peng’ (very beautiful) that have injected the board game’s…
NEW DELHI: Homegrown Indian liquor makers are mulling approaching food & beverages regulator FSSAI for a separate standard for the Indian single malt whisky that is rapidly scaling with the ongoing trend of premiumisation and has won several prestigious international awards. This will help maintain the reputation of Indian single malt whisky – now exported…
Funded in part by Infosys co-founder Kris Gopalakrishnan, the project aims to advance understanding of brain development and diseases like Alzheimer’s and Parkinson’s. CHENNAI: Five fetal brains, aged between 14 and 24 weeks, were cut into 20-micron slices – less than half the thickness of human hair – by scientists at IIT Madras to create…
In the wild west of social media, few characters have captured the internet’s imagination quite like Dr Parik Patel, BA, CFA, ACCA, Esq. Known for his razor-sharp satire and unmistakable Desi dad humor, Dr Patel has built a cult following on Twitter as the ultimate financial meme lord. But when Newsweek mistook him for the…