Education

Business

Technology: Worried, Google invests $400 mn in ChatGPT’s rival

February 4, 2023 virendra pandit

Virendra Pandit   New Delhi: Concerned that ChatGPT, the new kid on the technology block, might dislodge it from its leadership position in the search engine ecosystem, Google has invested nearly USD 400 million in the challenger’s rival, Anthropic. Within weeks of its launch on November 30, 2022, ChatGPT (Chat Generative Pre-training Transformer) has taken […]

Read more

Business

Roving Periscope: ‘One percent of Indians own over 40% of the country’s wealth’

January 16, 2023 virendra pandit

Virendra Pandit   New Delhi: The wealthiest one percent of people in India now own more than 40 percent of the country’s total wealth, while the bottom half of the population together share just 3 percent of the wealth, the media reported on Monday. Releasing the India supplement of its annual inequality report on the […]

Read more

Business

Roving Periscope: FM Nirmala asks Pravasi Bharatiyas to use Indian products, services

January 10, 2023 virendra pandit

Virendra Pandit    New Delhi: Finance Minister Nirmala Sitharaman on Tuesday exhorted the Indian diaspora to increase their use of India-made products and services to give a fillip to the economic progress of their motherland. Speaking at the 17th Pravasi Bharatiya Diwas Sammelan at Indore, Madhya Pradesh, she said the Indian diaspora is the country’s […]

Read more

Education

The Bug Returns: China, the US, Brazil, S. Korea, Japan…back on the Covid-19 map

December 21, 2022 virendra pandit

Virendra Pandit   New Delhi: With India returning to the mask-and-sanitation regime, Covid-19 threatens to overwhelm not only China but also the US, South Korea, Brazil, Japan, and several other countries as their ships and aircraft potentially turn into carriers of the pandemic in the next few weeks, the media reported. With fresh coronavirus waves […]

Read more

Business

The Sunrise: India to be a $5-tr economy by FY25, says Gadkari; USD 30 tr by 2047, says Tata Sons chief

December 16, 2022 virendra pandit

Virendra Pandit   New Delhi: Union Road Transport and Highways and MSME Minister Nitin Gadkari on Friday said India, the world’s fastest-growing major economy, is all set to achieve a GDP worth USD 5 trillion by the financial year 2024-25. And Tata Sons Chairman N. Chandrasekaran said India can look forward to becoming a USD […]

Read more

Business

Roving Periscope: China trembles as the pandemic cocks a snook at Zero-Covid policy

November 28, 2022 virendra pandit

Virendra Pandit   New Delhi: As widespread protests against China’s brutal Zero-Covid policy multiplied across the country, where nearly 100 towns and cities are under lockdowns over the fresh outbreak of the infections, panicked investors readied for a dip as markets opened in Asia on Monday to grim reports of growing unrest in the world’s […]

Read more

Business

Roving Periscope: FAANG faces existential crisis; now, Google to layoff over 10,000 people

November 22, 2022 virendra pandit

Virendra Pandit   New Delhi: Loss-making Twitter is not the only technology-supported company facing rough weather sparked, among other reasons, by speeding up deglobalization, geopolitical turbulence, and worldwide economic recession. Most of the Big Tech companies—Facebook, Amazon, Apple, Netflix, and Google, known by the acronym FAANG—are also in the same sinking boat. So, after Meta […]

Read more

Business

Rozgar Mela 2.0: PM Modi hands over 71,000 job-offer letters to freshers

November 22, 2022 virendra pandit

Virendra Pandit   New Delhi: While thousands are losing jobs worldwide because of a downturn in the global economy and recession, India, the fifth largest economy, is the only country providing government employment to thousands of people each month. As part of his government’s initiative to create over a million jobs, Prime Minister Narendra Modi […]

Read more

Business

Population Bomb: As the world now has 8 bn people, India to replace China in 2023

November 15, 2022 virendra pandit

Virendra Pandit   New Delhi: It is worrying that Earth now has 8 billion mouths of Homo sapiens to feed when the global climate is collapsing, the world is worried over international conflicts with new war theatres emerging, and the planet is facing a global recession in 2023, with food, fuel, and financing crises looming […]

Read more

Business

Tech bubbles or Great Leaps Forward: Are Meta, and Twitter outgrowing to the next level?

November 11, 2022 virendra pandit

Virendra Pandit    New Delhi: Two decades ago, with the turn of the second millennium after Jesus Christ, the dotcom bubble burst worldwide. Now, technology-enabled social media and other companies appear heading the same way, as their bubbles burst one after another. But some of them might evolve differently to the next level. Social media […]

Read more