India's ambitious PM-WANI push fails to pick up pace amid major pushback by telcos
Despite the PM-WANI scheme's goal to democratise internet access, its impact has been limited due to resistance from telecom operators and ISPs. The scheme faces challenges with high costs and low data usage. Key Points
Economic TimesLack of data a regulatory hurdle, says NaBFID
NaBFID faces challenges in convincing regulators about higher provisioning for project loans due to lack of comprehensive data in the infrastructure sector. The Reserve Bank's proposed 5% provision on project loans is questioned by NaBFID, which is setting up an infrastructure repository to strengthen data analytics and support stakeholders. Key Points
Economic TimesStocks decline and dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will Key Points
ThePrintThirst Trap: Water sustainability issues loom over India's booming data centre industry
India's data centre industry is booming, driven by significant investments from companies like Adani Enterprises. However, this growth raises concerns about the substantial water consumption needed for cooling in water-scarce cities. Operators are adopting alternative cooling technologies like air-cooled chillers to reduce water use. Despite these efforts, India lacks a national policy on data centre water usage. Experts call for sustainable practices to balance industry growth with water conservation. Key Points
Economic TimesJio vs Airtel cheapest 5G mobile prepaid plan: Price, validity and everything else compared
Indian telecom giants Jio and Airtel have hiked their mobile tariff plans to boost revenue. Both the telcos are now offering 5G data with plans which include 2GB daily data limit. Key Points
India Today
India’s mobile data consumption grows four times in past 5 years
Mobile data consumption per individual in the country has grown four times in the past five years, and has been surging further. From 5 GB per individual... Key Points
The Tribune IndiaDollar edges down after US jobs data; pound firm after UK election
By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. dollar index fell slightly on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring Key Points
ThePrintAfter Reliance Jio, Airtel, Vodafone hikes tariff of prepaid and postpaid plans: Check out the list
Reliance Jio, Airtel, and Vodafone Idea announce tariff hikes for prepaid and postpaid plans within a span of two days. New prices and plans aim to offer comprehensive benefits to users. Key Points
India TodayGovt mulls more frequent job data surveys
India's Ministry of Statistics and Programme Implementation (MoSPI) is considering increasing the frequency of the Periodic Labour Force Survey (PLFS) from quarterly urban unemployment data to monthly, and shifting the release of rural employment data from annual to quarterly. Officials are also discussing revising the base year for gross domestic product (GDP) and inflation. These efforts aim to leverage technology to enhance efficiency and reduce data lag, ensuring compliance with international standards. Key Points
Economic TimesWorried your address, birth date or health data is being sold? You should be –- and the law isn't protecting you
Australians don't know and can't control how data brokers are spreading their personal information. This is the core finding of a newly released report... Key Points
The Tribune India
Indian gig workers toil at frontlines of AI revolution
Akash and Ikshita engage in online work. Gig workers in India train AI models through microtasks. India emerges as a data annotation hub with a potential $8.22 billion global market and a million-strong workforce by 2028. Key Points
Economic TimesHow to Stop Your data From Being Used to Train AI
Some companies let you opt out of allowing your content to be used for generative AI. Here's how to take back (at least a little) control from ChatGPT, Google's Gemini, and more. Key Points
WIREDReliance's Tamil Nadu campus may host Meta’s first India data centre
Meta to establish its first data center in India at Reliance Industries campus in Chennai, enabling local content processing for Facebook, Instagram, and WhatsApp. The move aligns with the growing user base and ad revenue in India. Key Points
Economic TimesGift Nifty down 30 points; here's the trading setup for today's session
Nifty futures on the Gift Nifty traded at 22,185, down 29 points or 0.13%, siganlling a negative start for Dalal Street. Key Points
Economic TimesIndia's data centre capacity to double in three years: CareEdge
New Delhi [India], March 27 (ANI): India’s data centre industry has entered the growth stage, and the capacity is expected to double up in the next three years, from approximately 0.9 Gigawatts (GW) in 2023 to 2 GW in 2026, according to CareEdge Ratings. A data centre is typically a large group of networked servers […] Key Points
ThePrint
data scientist was the sexiest job of the 21st century. Then AI came
Nitin Seth’s ‘Mastering The data Paradox’ is a guide to big data. It offers and expansive and actionable framework to unlock the potential of AI and data. Key Points
ThePrintET maintains top spot in February 2024 in business & financial news segment
In February 2024, Comscore data reaffirmed EconomicTimes.com's status as the top Indian website choice globally for individuals seeking business, market, and financial news, with 31.53 million Unique Visitors from India and the USA. Key Points
Economic TimesMeta Kills a Crucial Transparency Tool At the Worst Possible Time
CrowdTangle helps researchers track disinformation, but Meta will close it down before the US election. The tool's cofounder, Brandon Silverman, says it's time to force companies to share data. Key Points
WIREDFormal job creation under EPFO up by 2.7% to 1.62 million in January: Payroll data
As per the provisional data, released by the ministry of labour and employment on Sunday, the year-on-year net new subscribers addition to EPFO was higher by 7.8% when compared to 1.48 million net new subscribers added in January 2023. Key Points
Economic TimesChina loosens foreign trade data guidelines
While authorities have yet to detail what constitutes important data, the rules feature a number of carve-outs, and go far to alleviate the burden on smaller-sized companies in particular, analysts said. Larger firms will benefit from exemptions for personal data collected for human resources purposes or classified as non-sensitive, under rules effective immediately, the Cyberspace Administration of China said. Key Points
Economic Times
Telcos play big for IPL: New mobile & broadband plans aim to boost revenue during cricket extravaganza
The plans come bundled with speed bumps, free usage, additional data and other benefits, taking advantage of a typical mobile data spike between 3% and 8% during the period to boost revenue. The recharge plans on offer from Reliance Jio, Bharti Airtel and Vodafone Idea for the tournament period provide users with additional data limits at a discounted price, besides providing extra data benefits to existing recharge packs. Key Points
Economic TimesUS dollar gains as strong economic data could reduce rate cuts this year
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment Key Points
ThePrintDollar ticks up before US data, bitcoin hits record high
By Harry Robertson LONDON (Reuters) - The dollar inched higher on Thursday as investors waited for U.S. economic data later in the day, while bitcoin rose to a record high above $73,800. The dollar Key Points
ThePrintStocks flat, US yields edge higher ahead of data
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit record levels in the prior session, as investors Key Points
ThePrintJapan avoids technical recession as Q4 GDP revised up to slight expansion
Japan’s gross domestic product (GDP) expanded at an annualized pace of 0.4% in the October-December quarter, the revised data by Cabinet Office reported on Monday, better than the initial estimate for a 0.4% contraction. Key Points
mint
S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut bets
At 09:37 a.m. ET, the Dow Jones Industrial Average was up 8.98 points, or 0.02%, at 38,800.33, the S&P 500 was up 9.57 points, or 0.19%, at 5,166.93, and the Nasdaq Composite was up 55.76 points, or 0.34%, at 16,329.14. Key Points
Economic TimesAfter facing flak for delayed reports, panel likely to address data quality concerns
India's statistics have come under criticism from multiple quarters over quality issues and lag in releases. A paper published by the prime minister's economic advisory committee last year had criticised the National Sample Surveys, which are used for estimating poverty and unemployment, for having data quality issues. Key Points
Economic TimesSoundThinking, Maker of ShotSpotter, Is Buying Parts of PredPol Creator Geolitica
SoundThinking is purchasing parts of Geolitica, the company that created PredPol. Experts say the acquisition marks a new era of companies dictating how police operate. Key Points
WIREDDr. Jessie Christiansen Wants to Help You Discover the Next Exoplanet
As project scientist on NASA’s Exoplanet Archive, Dr. Christiansen is a huge advocate for citizen science—and making sure anyone can be a planet hunter. Key Points
WIREDOil prices hold gains on upbeat China trade data
By Florence Tan SINGAPORE (Reuters) -Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after U.S. data showed a smaller-than-expected rise in crude Key Points
ThePrint
Sam Altman backed Worldcoin slapped with a three-month ban in Spain: What all happened
Spain bans Worldcoin due to privacy risks from iris scanning for digital ID. AEPD demands halt to data collection, citing concerns about consent withdrawal and data from minors. Key Points
mintDoT creating digital twin of real assets to unlock monetisation opportunities
The Department of Telecommunications (DoT) in India is developing the Sangam Digital Twin initiative, a digital platform aimed at enabling cross-sector data flows. Combining 5G, IoT, AI, and AR/VR, Sangam will create a simulation environment for real-world assets to generate real-time insights. The initiative aims to break data silos, allowing telecom companies, tech giants, and startups to share data, such as traffic movement, for collaborative planning and optimization. Key Points
Economic TimesIndian GPTs are here but they have a mountain to climb
Many of us have used ChatGPT, the chatbot developed by OpenAI. It is based on a large language model (LLM), or AI algorithms that use huge datasets to understand and generate content. Globally, LLMs are trained predominantly from English databases. A bunch of Indian companies have other ideas. Key Points
mintElon Musk's Lawsuit Against a Group That Found Hate Speech on X Isn't Going Well
X alleges that the Center for Countering Digital Hate cost it millions by showing that hate speech was spreading on the platform. In a hearing Thursday, a federal judge sounded skeptical of those claims. Key Points
WIREDStocks buoyant as investors bank on rate cuts
By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) - Global shares were buoyant on Friday after U.S. consumer price data contained no nasty surprises, keeping intact hopes of central bank rate Key Points
ThePrint
Dollar steady as traders weigh Fed rate cut bets; yen shaky at 150/$
International Business News: The dollar steadied as U.S. inflation eased, raising hopes of Fed rate cuts. Yen approached 150 per dollar. Bitcoin paused near a two-year high. Euro Key Points
Times Of IndiaVectors, RAG are behind a lot of the AI magic
Discover how vectors and Retrieval Augmented Generation (RAG) are revolutionizing AI. Learn how these technologies are enabling precise answers and intelligent recommendations using generative AI models and vector databases. Key Points
Times Of IndiaAsia Set for Muted Open; US Bond Sales in Focus: Markets Wrap
Stocks were poised for a muted open in Asia after the S&P 500 nudged higher. Wall Street saw another busy session of bond sales as issuers looked to borrow before key economic data later this week. Key Points
mintSensex Today | Stock Market Live Updates: Asian markets cautious; Gift Nifty indicates muted start for Indian benchmarks
Sensex Today | Stock Market Live Updates : Foreign institutional investors (FIIs) net sold shares worth ₹285.15 crore, while domestic institutional investors (DIIs) offloaded ₹5.33 crore worth of stocks on February 26, provisional data from the NSE showed. Key Points
MintDollar droops as key US data looms; yen firms on CPI beat
By Kevin Buckland TOKYO (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Key Points
ThePrint
Chinese hackers have stolen 100 GB of immigration data from India, leaked papers show
Leaked documents reveal extensive cyber intrusions by Chinese state-linked hacking group. Implications raise concerns about scale and persistence of cyber threats from China and their impact on global cybersecurity. Targets include foreign governments, companies, infrastructure. iSoon, a Shanghai-based firm, plays a significant role in Chinese hacking operations. Key Points
Economic TimesAirtel announces in-flight roaming packs for prepaid, postpaid users, price starts at Rs 195
Airtel introduces in-flight roaming plans for prepaid and postpaid customers to stay connected while flying. The plans, priced at Rs. 195, Rs. 295, and Rs. 595, offer varying data, voice minutes, and SMS allowances, catering to different user needs. Key Points
India TodayGold firms as softer dollar, Middle East tensions lend support
By Sherin Elizabeth Varghese (Reuters) - Gold prices edged higher on Thursday, buoyed by a weaker dollar and escalating tensions in the Middle East, while investors await more U.S. economic data that Key Points
ThePrintSingapore’s GIC, DigitalBridge, ADIA, Stonepeak, Permira, among others tapped for Carlyle’s 24% in Nxtra
The Carlyle Group, among the worlds largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtels data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in Indias data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited. Key Points
Economic Timesdata breaches at PMO and EPFO, In-Cert officials brought in to probe allegations
On Tuesday, a social media user on platform X alleged the leakage of documents from Chinese cyber agencies on GitHub. The user claimed that these documents contained data from the EPFO, the Indian PMO, and various public and private organisations. Key Points
mint
EPFO, PMO data breach: Centre says aware of reports, Cert-In looking into details
A social media user has claimed that data from EPFO and PMO were leaked on the global software and code repository GitHub. Senior officials told ET that the government is aware of the claims but need to verify them first . Key Points
Economic TimesWe are living in a ‘digital dark age', here's how to protect your photos, videos and other data
If Instagram or the entire internet suddenly disappeared, would you be able to access your precious memories?. If you have grown up with social media,... Key Points
The Tribune IndiaNovel AI model may lead to personalised tuberculosis treatments: Study
By analysing data from patients with varying levels of drug resistance, the researchers discovered biomedical features predictive of treatment... Key Points
The Tribune IndiaWhy Noida & Greater Noida are emerging as data centre hotspots — UP govt support, demand in north
India will require a 6-fold increase in data centre capacity by 2029, involving investment of Rs 1.5 lakh crore. Maharashtra, TN & UP are offering policies to tap into this opportunity. Key Points
ThePrintHow have Indians at large fared under this government?
While we have no survey data on incomes since 2011-12, multiple sources suggest a decline or deceleration in what working Indians earned in the last five years. These grim readings may be at variance with claims made in the budget speech but mass distress warrants attention. Key Points
mintBumper tech earnings buoy stocks as US jobs surprise hits bonds
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Bumper tech earnings supported world stocks on Friday, even as overwhelmingly strong U.S. jobs data lowered expectations of how much the Federal Key Points
ThePrintEuro edges down as EZ avoids recession, dollar rises ahead of Fed decision
By Joice Alves and Brigid Riley LONDON/TOKYO (Reuters) - The euro edged lower on Tuesday after data showed the euro zone narrowly avoided a technical recession in the fourth quarter, while the U.S. Key Points
ThePrintEuro steadies as EZ avoids recession, dollar eases ahead of Fed decision
By Joice Alves LONDON (Reuters) -The euro steadied on Tuesday after data showed the euro zone narrowly avoided a technical recession in the fourth quarter, while the U.S. dollar edged lower, as Key Points
ThePrintDollar keeps tight ranges ahead of Fed, jobs data
By Brigid Riley TOKYO (Reuters) - The dollar held narrow ranges against its major peers on Tuesday, as traders awaited the Federal Reserve's monetary policy decision for clues on when the U.S. central Key Points
ThePrint5G rollout: Why DoT has penalised Vodafone and Adani Networks
Learn why Vodafone Idea and Adani data Networks have been penalized by the Department of Telecommunications (DoT) for failing to meet 5G rollout obligations. Find out the reasons for the delay and the potential fines they may face. Key Points
Times Of India
RBI’s TReDs on growth path; green shoots in IT hiring
RBI's invoice discounting platform (TReDS), meant for easy access to credit for small businesses, has seen increased usage in the past year. This and more in today's ETtech Morning Dispatch. Key Points
Economic TimesUS dollar slips after inflation data, Fed meeting looms next week
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar inched lower on Friday, after data showed inflation rose modestly in December but was trending lower, which should keep the Federal Key Points
ThePrintDollar holds ground ahead of key U.S. inflation data
By Iain Withers LONDON (Reuters) - The U.S. dollar held steady versus major currencies on Friday ahead of key inflation data later in the day, as traders weighed how the U.S. economy's faster than Key Points
ThePrintCompetition Comm to soon float tender for market study on AI's impact on businesses
The Competition Commission of India (CCI) will float a tender for a study on the impact of artificial intelligence (AI) on businesses and services. The CCI's Chairperson, Ravneet Kaur, emphasized that the regulator cannot take a one-size-fits-all approach in technological markets. The CCI is also looking at data protection from the perspective of data access, analysis, storage, and usage by third parties to prevent anti-competitive practices. Key Points
Economic TimesMost Top News Sites Block AI Bots. Right-Wing Media Welcomes Them
Nearly 90 percent of top news outlets like 'The New York Times' now block AI data collection bots from OpenAI and others. Leading right-wing outlets like NewsMax and Breitbart mostly permit them. Key Points
WIRED