Month: March 2024

China Boosts Defense Budget by 7.2% Amid Rising Global Tensions

Manish Kumar

Amid escalating tensions over Taiwan and border disputes with India, China has announced a 7.2% increase in its defense budget, reaching a total of 1.67 trillion yuan ($231 billion) for 2024. The surge in defense spending outpaces China’s economic growth target of approximately 5%, reflecting a strategic emphasis on strengthening national security. China’s defense expenditure for 2024 marks the highest allocation in five years, coinciding with growing concerns over corruption undermining military reforms. Despite these internal challenges, China remains the world’s second-largest defense spender, trailing behind the United States. Against…

Jeff Bezos Overtakes Elon Musk as World’s Richest Person

Manish Kumar

Elon Musk’s reign as the world’s wealthiest individual has come to an end, with Jeff Bezos reclaiming the top spot for the first time since 2021. The change in fortune occurred as Tesla Inc. shares plummeted 7.2% on Monday, causing Musk’s net worth to dip to $197.7 billion. Bezos surged ahead with a fortune of $200.3 billion. The wealth gap between the two titans, which had once exceeded $142 billion, has been steadily narrowing as the trajectories of Amazon and Tesla stocks diverge. Musk’s financial setback may deepen further following…

Rahul Gandhi and INDIA Bloc Vow to Combat Unemployment Crisis, Fill Vacant Government Posts

Manish Kumar

Rahul Gandhi, alongside the INDIA bloc, has unveiled a comprehensive strategy to combat the crisis and fill vacant government positions. The Congress leader lambasted the Narendra Modi government for its alleged failure to address the issue adequately, accusing it of neglecting the welfare of the country’s youth. He highlighted alarming statistics, revealing that a staggering 9,64,000 positions remain unfilled across 78 government departments. Rahul Gandhi asserted that Prime Minister Modi’s administration has not only failed to create new job opportunities but also neglected to address existing vacancies. Gandhi criticized the…

S Jaishankar Counters “Bullying” Accusations: Highlights India’s Neighbourly Assistance and Connectivity Boost

Manish Kumar

Addressing assertions of India’s alleged bullying in the region, External Affairs Minister S Jaishankar delivered a pointed response. Jaishankar dismissed the notion, stating, “Big bullies don’t provide four and a half billion dollars when the neighbours are in trouble.” He highlighted India’s extensive support. The minister highlighted India’s constructive engagements, such as the establishment of power grids, roads, railways, and waterways, significantly benefiting nations like Bangladesh and Nepal. Reflecting on the global response to the COVID-19 pandemic, Jaishankar emphasized the interconnectedness of nations and the need for collective action in…

Tessact’s AI Video Innovation Shines at AEGIS Graham Bell Awards, Spearheading Industry Transformation

Manish Kumar

Tessact, a pioneering AI Video Tech company, has garnered widespread acclaim by securing the coveted M&E Innovation Award at the esteemed 14th AEGIS Graham Bell Awards ceremony held in Delhi. Central to Tessact’s triumph is its forward-looking approach, which seamlessly integrates real-time contextual insights with content creation processes. Co-founders Manas and Apurv expressed their gratitude to the jury for recognizing their team’s unwavering dedication to AI-driven innovation in the video industry. The M&E Innovation Award, a highlight of the AEGIS Graham Bell Awards, celebrates exceptional accomplishments in the media and…

PM Modi’s Mega Launch: Expected to Unveil Projects Worth Rs 19,600 Crore in Odisha

Manish Kumar

PM Modi is set to embark on a significant journey to Odisha, where he will inaugurate and lay the foundation stone for a series of developmental ventures valued at over ₹19,600 crore. This momentous occasion occurs against the backdrop of heightened speculation regarding a potential political alliance between the BJP and the BJD. Coinciding with the birth anniversary of Biju Patnaik, this visit holds additional significance amidst growing calls from the BJD for the posthumous conferment of the Bharat Ratna upon Biju Patnaik. During his visit, Prime Minister Modi will…

US court orders Pegasus to handover its code to WhatsApp

Manish Kumar

U.S. Court Orders NSO Group to Disclose Code for Spyware Products. NSO Group, the maker of one the world’s most sophisticated cyber weapons, has been ordered by a U.S. court to hand its code for Pegasus and other spyware products to WhatsApp as part of the company’s ongoing litigation. Judge Phyllis Hamilton’s decision is a significant turning point in the lawsuit between WhatsApp and NSO Group. Previously, the inner workings of Pegasus were shrouded in secrecy. By forcing NSO to hand over the code, WhatsApp gains valuable insight into how…

Involvement of US Government in Gemini AI raise questions?

Manish Kumar

The potential involvement of the US government in Google’s Gemini AI does raise questions, particularly regarding transparency, accountability, and the potential implications for privacy, freedom of expression, and political influence. The involvement of House Republicans in the controversy surrounding Google’s Gemini AI comes in response to Sundar Pichai’s characterization of the AI’s responses to user queries about race, politics, and gender as “unacceptable.” This statement by Pichai likely triggered concerns among members of the Republican party, prompting them to take action and address the issues raised. However, the involvement of…

World Wildlife Day celebrated at Okhla Bird Sanctuary focusing on Mission LiFE

Manish Kumar

WWF EIACP PC-RP, under Ministry of Environment, Forest and Climate Change today celebrated World Wildlife Day, 2024, by organisingvarious activities at Okhla Bird Sanctuary, one of the places blessed with a rich biodiversity focusing Mission LiFE. World Wildlife Day (WWD) is celebrated every year on 3 March to celebrate wild animals and plants. Every year, we recognize the unique roles and contributions of wildlife to people and the planet. The theme for this year is Connecting People and Planet: Exploring Digital Innovation in Wildlife Conservation. World Wildlife Day 2024 is…

Raksha Mantri Shri Rajnath Singh to inaugurate DefConnect 2024 to encourage indigenous defence innovation

Manish Kumar

Taking a giant leap forward towards promoting indigenous innovation and facilitating partnerships to address the evolving security challenges, Innovations for Defence Excellence-Defence Innovation Organisation (iDEX-DIO), under the aegis of Department of Defence Production, Ministry of Defence, is organising DefConnect 2024 at Manekshaw Centre, New Delhi on March 04, 2024. The event will be inaugurated by Raksha Mantri Shri Rajnath Singh. DefConnect 2024 represents a significant milestone in the country’s defence innovation landscape, bringing together key stakeholders including the Armed Forces, defence industry leaders, start-ups, academia, and policymakers. The event aims…