AI Impact Summit declaration secures support of 86 nations, two global bodies: Ashwini Vaishnaw

Eighty-six countries and two international organisations have signed the AI Impact Summit declaration, signalling broad global support for shared principles on responsible and inclusive artificial intelligence, IT minister Ashwini Vaishnaw said on Saturday. The declaration was adopted at the conclusion of the India AI Impact Summit held in New Delhi, with signatories including the US,…

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Bank Holiday Today: Are banks open or closed on Saturday, February 21? Check state-wise full list of holidays this month

As weekend approaches, bank customers need to verify the holiday calendar before visiting branches, as bank closures in India depend on national holidays, state-specific festivals, and the weekly schedule mandated by the Reserve Bank of India (RBI). While some Saturdays are working days, others are designated holidays, making it important to confirm branch availability in…

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Peak XV raises $1.3bn with focus on Indian startups

Mumbai: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the Asia-Pacific region. The capital will be deployed across three funds-India seed, India venture…

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PM Modi to meet Brazilian President Lula: Critical minerals, trade cooperation – what’s on agenda

NEW DELHI: Prime Minister Narendra Modi will hold talks with Brazilian President Luiz Inacio Lula da Silva in New Delhi on Saturday, with a focus on strengthening cooperation in critical minerals, boosting trade ties, and advancing strategic supply chain partnerships. The visit comes amid India’s push to reduce dependence on China, which dominates global rare…

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$2.2bn India investment on track: Kyndryl CEO

PM Modi meets Chairman & CEO of Kyndryl, Martin Schroeter New Delhi: Artificial intelligence is no longer experimental, said Martin Schroeter, CEO of Kyndryl, one of the world’s largest IT infrastructure services providers. It is, he said, already reshaping how govts and enterprises operate, including in India. “It is the discussion that every customer wants…

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Tata Electronics ties up with Qualcomm

Qualcomm and Tata Electronics partner to manufacture automotive modules in India New Delhi: Tata Electronics has joined Qualcomm Technologies’ global network of module manufacturing partners to produce advanced automotive module products in India, securing a key anchor customer for its upcoming $3 billion semiconductor assembly and test (OSAT) facility in Jagiroad in Assam. Through its…

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