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    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

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    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

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    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

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    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

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    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

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    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

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    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

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    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

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    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

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    Renault Niagara: the name of the new robust versatile pick-up designed for Latin America

    Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) Consolidated Q4 FY26 Results.

    Tata Motors Passenger Vehicles introduces AMT in the Altroz iCNG.

    PHOTO CREDIT-JLR

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    TATA IPL 2026 Playoffs tickets to go live from May 20.

    Tributes, tradition mark the inauguration of SM Krishna Memorial Open

    Teen sensation Kriish Tyagi enters the SM Krishan Stadium for practice with a renewed confidence.-PHOTO CREDIT-Deepthi Indukuri / KSLTA.

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    Bombay Shirt Company

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    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

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    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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  • Home
  • World

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    NextEra Energy and Dominion Energy to Combine, Creating the World’s Largest Regulated Electric Utility Business and North America’s Premier Energy Infrastructure Platform Benefiting Customers.

    Renault Niagara: the name of the new robust versatile pick-up designed for Latin America

  • National
    • All
    • Economy & Politics
    • Election

    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

    Nationwide bandh called: Food Safety and Drug Administration issues precautionary measures to public and guidelines to departments.

    Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy at Dashela, Giving new momentum to the vision of “Sahkar Se Samriddhi”.

    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    PHOTO CREDIT-ADANI Group

    Gautam Adani Launches ₹150 Crore Rural Vision Care Initiative in Bihar with Capacity for 3.3 Lakh Surgeries Annually, Commits An Additional ₹500 Crore for Nationwide Expansion .

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

  • Business

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

    Standard Chartered to acquire Zodia Custody’s custody business.

    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

  • Health

    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    DKMS Foundation India Launches Free HLA Typing for Children with Thalassaemia.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

  • Technology
    • All
    • Environment
    • Science

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

    logo

    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    India’s AI Boom Faces Reality Check as ROI and Governance Lag: ISACA Report.

    CAQM conducts inspection drive in Noida, directs Intensified Mitigation and Strict Enforcement

  • Auto

    Renault Niagara: the name of the new robust versatile pick-up designed for Latin America

    Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) Consolidated Q4 FY26 Results.

    Tata Motors Passenger Vehicles introduces AMT in the Altroz iCNG.

    PHOTO CREDIT-JLR

    JLR DELIVERS SIGNIFICANTLY IMPROVED Q4 PERFORMANCE IN CHALLENGING YEAR .

  • Sports

    TATA IPL 2026 Playoffs tickets to go live from May 20.

    Tributes, tradition mark the inauguration of SM Krishna Memorial Open

    Teen sensation Kriish Tyagi enters the SM Krishan Stadium for practice with a renewed confidence.-PHOTO CREDIT-Deepthi Indukuri / KSLTA.

    8 Indians in main draw as SM Krishna Memorial Open begins new Challenger era.

    Bombay Shirt Company

    Bombay Shirt Company and JioStar Unite to Bring a Fresh Take to ‘On-Air Styling’ for India’s Biggest Summer Cricket Broadcast.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel
    Grand Inauguration of Lulu Hypermarket on 17th  May 2026 at Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka graced by Mr. Yusuff Ali M. A., Chairman & Managing Director of Lulu Group International along with other Lulu Group Dignitaries.

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation India brings together changemakers and medical leaders at the Lifesaver Honours Night in Bengaluru to support blood cancer patients

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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We need a global framework urgently because, in the next 6-9 months, AI will take shape and evolve in a way that we may not anticipate or fully understand”: MoS Rajeev Chandrasekhar

FWM by FWM
December 16, 2023
in Business, National, Technology
0

“Just like the semiconductor model and framework we will be funding and supporting startups leveraging AI”: MoS Rajeev Chandrasekhar

“The Govt of India is focused on building an academic, industry, and startup research ecosystem in Artificial Intelligence”: MoS Rajeev Chandrasekhar

“We need our academic institutions to focus on talent that the AI ecosystem can absorb in the coming years”: MoS Rajeev Chandrasekhar

Minister Rajeev Chandrasekhar Engages in a Fireside Chat and Pays Respects at the National War Memorial in Bengaluru today

 16 DEC 2023 6:40PM by PIB Delhi

Union Minister of State for Skill Development & Entrepreneurship, Electronics & IT and Jal Shakti Rajeev Chandrasekhar participated in a fireside chat organized by MoneyControl in Bengaluru today, sharing insights on Artificial Intelligence (AI) and its potential impact on India. He highlighted that AI can Propel India’s digital economy, fostering growth in sectors such as healthcare, agriculture, and governance. He emphasized the positive influence AI could have on startups, expanding their opportunities and contributing to India’s overall development.

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Rajeev Chandrasekhar said, “We see AI as a significant bolt to the already galloping Indian digital economy, acting as a kinetic enabler. To enable the AI ecosystem, we have put together an overall framework that talks about AI compute capacity. The Government will deploy financial resources for building foundational models, Large Language Models (LLMs), and various use cases. Similar to the semiconductor model, we will fund startups as well. We maintain a clear focus on building an academic, industry, and startup research ecosystem, which we refer to as the Innovation and Research Center. There are many adjacent areas as well, including AI chips, where we will have an intersection between the semiconductor program and the India AI mission. AI compute will have two segments: one led by the private sector, similar to the design of the semiconductor ecosystem with incentivized investments. The other segment involves indigenously developed public sector capacity for AI emerging from C-DAC, which will be available to the Indian ecosystem.”

Ghd Minister highlighted the challenge of the chip shortage, noting that it is expected to resolve relatively quickly. He emphasized the need for India to shift its focus towards nurturing AI talent, anticipating a growing ecosystem in the future.

“The chip shortage is a problem that will go away the fastest. There are challenges like talent; this is an ecosystem that will need top-notch talent. We need postdocs, PhDs, and master’s graduates to emerge. What we need to do is for our academic institutions to focus on the kind of talent that this ecosystem will absorb in the coming years,”  Rajeev Chandrasekhar said.

The Minister emphasized that the Government of India has proactively addressed the challenges arising from the ubiquitous nature of the internet, addressing issues such as deepfakes, misinformation, and disinformation.

“We should focus on creating a global framework, not an American or European framework. The nature of the internet and our experiences on social media, the toxicity, and the crimes or harms it has shown us, that regardless of any country that has built rules and laws, the ubiquitous nature of the internet means that 80-90% of cybercrime or harms are extra-jurisdictional. The perpetrator may be in one jurisdiction, the victim in another, and the crimes in a third. Our approach is to ensure there are some principles, make sure there is a list of harms and criminalities as we see it today, and then keep adding to it as we encounter malicious models, biased, bigoted models, and algorithms. Deepfakes are a classic example because misinformation and patently false information are diseases that social media has spread, causing harm, especially in democratic countries. It creates divisions, incitements, and fake narratives. Misinformation has been a problem in social media; now imagine misinformation powered by AI,” the Minister further added.

Reflecting on the recently concluded GPAI, where 29 member nations discussed overarching principles and frameworks, the Minister remarked, “There is no way to avoid establishing certain principles. What GPAI has done this year in New Delhi—declaring that AI should be inclusive, avoiding a model where only a few countries have it and others don’t—is crucial. We need a global framework urgently because, in the next 6-9 months, AI will take shape and evolve in a way that we may not anticipate or fully understand. Therefore, we need to establish this framework quickly, with a granular set of principles and rules that all countries can follow. Since 2021, India has already taken steps to discuss openness, safety, trust, accountability, and legal accountability of platforms.”

Minister  Rajeev Chandrasekhar also paid his respects at the National War Memorial in Bengaluru, where he laid a wreath as part of his annual tradition to honor India’s bravehearts who served and sacrificed.

Later in the day, he took part in the Viksit Bharat Sankalp Yatra— a program designed to raise awareness among citizens about various welfare schemes and encourage their active participation in the spirit of “Jan Bhagidari” to achieve 100% saturation of these initiatives. This initiative, the largest-ever outreach program of the Government of India, aims to cover 2.60 lakh Gram Panchayats and 4000+ urban local bodies nationwide by January 25, 2024.

Tags: BengalurucybercrimeNational War Memorial
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    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

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    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

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    Joyalukkas ‘Brilliance Diamond Jewellery Show’ in Koramangala, Bengaluru from 15th May to 31st May 2026.

    May 19, 2026

    Standard Chartered sets out sustainable growth plan, targeting ~18 per cent RoTE in 2030 .

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    Standard Chartered to acquire Zodia Custody’s custody business.

    May 19, 2026
    The Joint Secretary, Ministry of Petroleum & Natural Gas, Ms. Sujata Sharma addressing at the Inter- Ministerial Briefing on Recent Developments in West Asia at National Media Centre, in New Delhi on May 18, 2026.

    Approx. 13.5 LMT DAP and 7 LMT NPKs secured from out of Strait of Hormuz for arrival at Indian ports in May and June

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