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New Delhi: Lord Rama’s consecration program will be organized in Ayodhya on 22 January. For this, major preparations are going on across the country. In Solapur district of Maharashtra also a unique initiative ‘Weaving threads for Lord Shri Ram’ from 8 am to 8 pm daily for Ram devotees from 5 January to 12 January 2024 from the concept of Shri Panchmukhi Hanuman Devasthanam and Vivekananda Kendra, Kanyakumari Solapur Its going on.

The head of this program Shri. Ambadas Nakka ji said that under this initiative, every Ram devotee is getting the service and opportunity to weave two threads on a handloom. As soon as the woven cloth will be offered at the feet of Lord Shri Ram, many Ram devotees in Solapur are seen weaving this cloth with enthusiasm and devotion. To weave this garment, Solapurkar is seen gathering a huge crowd at Shri Panchmukhi Hanuman Devasthanam from 8 am in the morning.

Shri. Satyanarayan Gurram ji said that the Mangal Akshat Kalash from Ayodhya, the birthplace of Lord Ramchandra, has been made available for the darshan of the devotees for the last fifteen days. A grand procession of Mangal Akshat Kalash was taken out in the temple premises. Just as we invite guests from door to door on auspicious occasions in our house, similarly Suvasini and Ram devotees wish them a joyous festival of Deepotsav on that day by applying Haldi Kunku along with Mangala Akshat, Lord Shri Ram Murti Pranapratishthapana Invitation Card with temple replica. Are invited to celebrate.

Pro. Ganesh Channa ji said that many Ram devotees of Solapur are seen weaving this cloth with enthusiasm and devotion and are saying that they too are getting the opportunity to serve and worship Lord Shri Ram.

Shri. Pandit Birajdar ji told that today at 6 pm on Sunday, Ram devotees have organized a program of worship of clothes woven on handloom at Panchmukhi Hanuman Devasthan.

On this occasion, correspondent of The Parliament News Shrikant Gote, Shri. Vikramsingh Byas and Vinil Kongari and all the Ram devotees were present.

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Recently, Gautam Adani, the Chairperson of the Adani Group, has claimed the title of India’s and Asia’s wealthiest person, surpassing Mukesh Ambani of Reliance Industries. Both Adani and Ambani have ascended the global rich list, securing positions 12 and 13, respectively.

Net Worth Climbs: Adani on Top

With a staggering net worth of $97.6 billion, Gautam Adani now holds the 12th position among the world’s richest individuals. Adani’s wealth has experienced significant growth, marking a gain of $7.67 billion since the last update and accumulating $13.3 billion year-to-date. Despite facing challenges earlier in the year due to stock-related allegations, Adani has made a remarkable comeback.

Source of Wealth: Adani Group’s Diverse Ventures

The Adani Group, based in Ahmedabad and led by Gautam Adani, is a prominent infrastructure conglomerate in India. The group’s diverse ventures include ownership of the nation’s largest private port and a substantial role in global coal trading. Adani’s wealth is primarily derived from his ownership stakes in six publicly traded companies affiliated with the Adani Group.

Other Indians on the List

Mukesh Ambani, the Chairman of Reliance Industries, now holds the 13th spot on the global list with a net worth of $97 billion. Despite a gain of $764 million since the last update, Ambani stands as India and Asia’s second richest individual. Other notable Indians on the Bloomberg Billionaire’s Index include Shapoor Mistry at the 38th position with $34.6 billion and Shiv Nadar at the 45th spot with $33 billion.

Adani’s Rise Despite Challenges

Gautam Adani’s ascent to the top reflects resilience and success, overcoming challenges earlier in the year. Despite facing setbacks related to allegations and a decline in stock prices, Adani’s strategic positions in various sectors have propelled him to the forefront of India’s wealthiest individuals.

As we enter the new year, the dynamics of wealth and success continue to evolve, and individuals like Gautam Adani and Mukesh Ambani shape the economic landscape of India and beyond.

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As we enter 2024, the market has seen a 7% gain in December, an 18% return in the last two months, a 46% return in 2023, and a 57% gain in nine months from the low of March.

Over the last 16 years, the NSE midcap index and the 100 stock index, reflecting midcap and large-cap segments, have witnessed negative returns in 12 out of 16 Januarys. Averaging a 2.2% negative return, exceptions include positive years like 2012, 2015, 2017, and 2020. Notably, 2012 showcased a double-digit return after a 25% market fall in 2011.

Examining historical data reveals nuanced market behavior. In 2011, a 17% market decline preceded the positive January of 2012. Similarly, despite a robust election outcome in 2014, 2015 saw a market return of less than 15% in the prior five months. The positive January of 2017 followed a 10% demonetization-led sell-off in 2016, and 2020’s positive start was amidst recovering from the NBFC crisis.

As we step into 2024, the market closed December with a 7% gain, showcasing an 18% return in the last two months, a 46% return in 2023, and an impressive 57% gain in nine months from the March low. While these gains hold significance for traders and momentum enthusiasts, long-term investors may view them as short-term fluctuations.

Decent macro-economic fundamentals, an anticipation of lower global interest rates, and reduced election risk post BJP’s strong performance in recent state elections contribute to positive factors. While January historically presents challenges, the current positive indicators suggest the market may defy seasonal trends.

The key lies in balancing short-term considerations with a long-term perspective as we embark on the new year.

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An unbelievable incident occurred at Tesla’s Giga Texas factory in Austin, Texas, a software engineer was reportedly attacked by a malfunctioning robot, causing serious injuries. The robot, designed to move aluminum car parts, unexpectedly activated and pinned the engineer, leaving wounds on his back and arm. The incident, which occurred two years ago, came to light through a 2021 injury report.

As per the report, the engineer was programming software for robots cutting car parts from freshly cast aluminum. Due to maintenance, two robots were disabled, but a third remained active, leading to the unexpected attack. The injured engineer sustained an open wound on his left hand, though it was not classified as severe. Tesla has chosen not to comment on the incident.

While no other robot-related injuries were reported at the Texas factory in 2021 or 2022, there are indications of safety lapses at the facility. Injury reports submitted to the US Occupational Safety and Health Administration (OSHA) reveal a higher-than-average injury rate at Giga Texas. Nearly one in 21 workers were reported injured last year, surpassing the median injury rate of one in 30 workers in the automotive industry.

Allegations from current and former Tesla workers suggest concerns about the company compromising on construction, maintenance, and operations, potentially putting employees at risk.

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Researchers have introduced a groundbreaking artificial intelligence (AI) tool called “Life2vec,” capable of forecasting an individual’s personality traits and predicting their lifespan. Using transformer models similar to those behind ChatGPT, Life2vec analyzes sequences of life events, such as health history, education, employment, and income, providing highly accurate predictions surpassing existing models.

AI Advancement: Life2vec, developed on transformer models, demonstrates exceptional accuracy in predicting personality traits and lifespans. It utilizes extensive life event data from the entire population of Denmark.

Remarkable Predictive Capabilities: The tool showcases unparalleled accuracy in foreseeing future events, emphasizing lifespan predictions, based on a dataset encompassing diverse life experiences.

Cautionary Approach: Despite its advanced capabilities, researchers stress that Life2vec is a foundation for future work rather than a tool for real-world predictions on specific individuals. Its specificity to the Danish population warrants caution in direct application.

Human-Centered Perspective: Professor Tina Eliassi-Rad from Northeastern University highlights the importance of recognizing the tool’s limitations. She suggests involving social scientists in AI development to maintain a human-centered perspective amid vast datasets.

Comprehensive Reflection of Human Life: Life2vec’s strength lies in its comprehensive reflection of human life, considering various factors such as income, education, and health. It adapts the transformer model approach from language to sequences of human life events.

Predictive Elements: Life2vec predicts intricate aspects, including the probability of mortality. The visual representation shows a cylinder progressing from low to high probabilities of death, with outcomes influenced by unexpected events.

Ethical Considerations: While celebrating its unprecedented predictive capabilities, researchers urge a careful and ethical approach to the tool’s application. Life2vec opens new avenues for understanding human life but requires cautious and responsible implementation.

As Life2vec marks a significant leap in AI capabilities, researchers emphasize its potential as a stepping stone for future developments, urging ethical considerations and responsible use in unlocking insights for improved outcomes based on insightful data analysis.

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Indian IT giant Infosys has terminated a $1.5 billion agreement with a global company specializing in artificial intelligence (AI) solutions. The deal, initially announced in September for 15 years, has been canceled by mutual agreement. The undisclosed global partner chose to terminate the Memorandum of Understanding (MoU), and both parties will not proceed with the Master Agreement.

Deal Background: Infosys signed a Memorandum of Understanding on September 14, 2023, for a $1.5 billion contract over 15 years with a global company focused on AI solutions.

Cancellation Announcement: The termination was confirmed in a regulatory filing to stock exchanges, following the earlier disclosure in September.

Reasons Unspecified: Infosys did not provide reasons for the cancellation of the project, leaving the details undisclosed.

Recent CFO Resignation: The termination comes shortly after the unexpected resignation of Infosys’ Chief Financial Officer (CFO) Nilanjan Roy. However, the company has not linked the deal cancellation to the CFO’s departure.

Business Pressures: The cancellation highlights potential challenges for Infosys and other IT companies in India, facing subdued business over the past few quarters.

Financial Overview: Infosys reported a 3.17% rise in net profit to ₹6,212 crore in the July-September quarter. The company had narrowed its revenue growth guidance to 1-2.5% for the full year.

Recent Wins: In the September quarter, Infosys secured significant deals, including a $7.7 billion contract, and more recently, a five-year deal with auto parts distributor LKQ Europe.

Upcoming Earnings Announcement: Infosys is scheduled to declare its October-December quarter earnings on January 11, 2024.

The termination of the $1.5 billion AI deal adds to the evolving landscape for Infosys, as the company navigates challenges and seeks new opportunities in the dynamic IT sector.

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Global tech giant Meta, known for platforms like Facebook, WhatsApp, and Instagram, has raised concerns about the Indian government’s proposed telecom law. The worry stems from the possibility of the law extending its regulatory reach to over-the-top (OTT) applications, including messaging apps like WhatsApp and Signal.

Regulatory Ambit: Meta is worried that the new Telecom Bill, presented in the Indian Parliament, could be used to regulate OTT services in the future. This includes internet apps like Facebook, WhatsApp, and Instagram.

Internal Communication: Shivnath Thukral, Meta’s Director and Head of India Public Policy, shared these concerns in an internal email to colleagues. He highlighted the potential for the government to apply the legislation to OTT services at a later date.

Changes in the Bill: While the specific term ‘OTT’ has been removed from the current version of the legislation, concerns persist due to the expansive definitions of ‘telecommunication services’ and ‘messages’ in the bill.

Government Powers: The proposed law grants the government extensive powers, including the ability to intercept messages, establish encryption standards, and assume control over telecom networks.

Broader Definitions: Experts are cautious about the broad definitions in the bill, even though the reference to ‘OTT’ has been omitted.

Ongoing Debate: Meta’s concerns add to the ongoing debate around the balance between regulatory control and the freedom of internet applications in India.

As the Telecom Bill progresses through the legislative process, the tech industry and policymakers will continue to navigate discussions regarding regulatory frameworks, privacy, and the evolving landscape of digital communication in India.

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Google has agreed to pay a whopping $700 million and make some changes for around 102 million customers in the United States. This comes as part of a deal related to an antitrust case over fees that Google charged through its app store.

Here’s what you need to know:

The Payment: Google will pay $700 million. The majority, $630 million, will go into a fund to compensate US customers who were charged higher prices for digital transactions within apps downloaded from the Play Store.

Who Gets the Money: Around 71% of the people covered by the settlement, which is about 70 million customers, will receive at least $2. The amount might increase based on how much they spent on the Play Store between August 16, 2016, and September 30, 2023.

Additional Fund: Google will put an extra $70 million into a separate fund that the states will use to cover penalties and other costs.

Changes for Android Users: Google will make it easier for people to download and install Android apps from sources other than the Play Store for the next five years. It won’t give security warnings when users opt for alternatives.

Developer Choices: Google agreed to allow app developers to let users pay using a different payment system instead of Google’s.

Legal Perspective: Colorado Attorney General Phil Weiser stated that they took legal action because using monopoly power to increase prices and limit consumer choice is illegal.

Google’s Response: Google seems positive about the settlement, aiming to move forward and highlighting their commitment to app store choice. The deal still needs approval from US District Judge James Donato.

This settlement is a significant step in addressing concerns about competition and pricing in the tech giant’s app store, bringing relief and potential compensation to millions of Americans.

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OpenAI, the group behind powerful AI technology, has stopped ByteDance, the company that owns TikTok, from using its technology. This decision came after it was found out that ByteDance used OpenAI’s technology secretly to create its own AI model named “Project Seed.”

Using someone else’s AI tech without permission is not cool in the AI world, and it’s against the rules set by OpenAI. The rules clearly say that the results from OpenAI’s model cannot be used to make AI models that compete with OpenAI’s own products and services. Microsoft supports OpenAI, and since ByteDance is getting access through Microsoft, they have to follow the same rules.

ByteDance, which is already under close watch because of its links to the Chinese government and concerns about TikTok, will face more scrutiny now. This new information makes things even more complicated for ByteDance in the United States.

OpenAI has said that ByteDance didn’t follow the rules, so they’ve suspended ByteDance’s account. A spokesperson from OpenAI mentioned, “While ByteDance’s use of our API was minimal, we have suspended their account while we further investigate. If we find out that they didn’t follow the rules, we’ll ask them to fix it or close their account.”

In June, ByteDance entered the AI competition in China by testing their own AI chatbot. They wanted to be like ChatGPT, an AI language model from OpenAI. This move put ByteDance in direct competition with other big tech companies like Alibaba and Baidu, all wanting to be the best in China’s growing AI market.

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Prime Minister Narendra Modi is set to inaugurate the new Integrated Terminal Building at Surat Airport today. Additionally, he will dedicate the Diamond Bourse, the world’s largest corporate office hub. The advanced terminal is designed to handle 1200 domestic and 600 international passengers during peak hours, increasing the annual capacity to 55 lakh passengers. The sustainable features of the new building include a double-insulated roofing system, rainwater harvesting, and a solar power plant.

Surat is poised to become a global hub for diamond trading, with the 35-acre Diamond Bourse as part of the ambitious ‘Surat Dream City’ project. The bourse, constructed at a cost of 3400 crore rupees, is expected to generate 1.5 lakh jobs and will be the world’s largest corporate office hub, connecting over 4,500 offices. It includes a state-of-the-art ‘Customs Clearance House’ for import and export, a Jewellery mall for retail business, and facilities for international banking and safe vaults.

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