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Govt clears Rs 20,000 crore credit guarantee scheme for MFIs; funding access in focus

The government has approved a limited-period Rs 20,000-crore credit guarantee scheme aimed at easing fund flow constraints faced by microfinance institutions (MFIs), according to a PTI report.The Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders, to non-banking finance company-MFIs and MFIs till…

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Government bars LPG supply access for consumers with piped gas connections

NEW DELHI: The Ministry of Petroleum and Natural Gas on Saturday said consumers with piped natural gas (PNG) connections will no longer be allowed to retain, obtain or refill domestic LPG cylinders under an amended supply order.The ministry, in amendment order, said that it will bar government-run oil marketing companies from issuing new LPG connections…

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McKinsey realises the risk of rapid adoption of AI after hackers gain access to 46.5 million employee chat messages, 728000 ‘sensitive files’ and …

McKinsey & Company rushed to patch a serious security flaw in its internal AI platform after a cybersecurity researcher gained access to tens of millions of employee chat messages and hundreds of thousands of sensitive files – all within two hours. According to a report by The Financial Times (via CodeWall), the target was Lilli,…

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Indonesia Social Media Ban: Indonesia becomes latest country to block social media access for children under 16, minister says: Starting March 28… |

Indonesia is set to begin restricting access to social media for children under 16 starting March 28. The move places Indonesia among a growing number of governments introducing rules aimed at limiting minors’ exposure to online risks such as cyberbullying, fraud, and excessive use. According to a report by the news agency Reuters, Indonesia’s Communications…

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AI use in warfare: Anthropic rejects US demand for ‘unrestricted’ military access

The AI battle: Defence secretary Pete Hegseth and Anthropic CEO Dario Amodei. Anthropic CEO Dario Amodei on Thursday said the artificial intelligence company “cannot in good conscience accede” to Pentagon demands for unrestricted use of its technology, escalating an unusually public standoff with the Donald Trump administration that could cost the firm its government contract…

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Societies can’t function without reliable access to space, SatCom is ‘dual use oxygen’: Viasat prez | India News

NEW DELHI: Global communications company Viasat on Tuesday said societies cannot function without reliable access to space, describing satellite communications as the “dual use oxygen” that supports missions ranging from weather forecasting to early warning systems.“Without assured, resilient global SatCom, we would all be in the dark,” Ben Palmer, President of Viasat Commercial, said while…

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Major Vikrant Jaitly Detention Case: Delhi HC grants centre more time to act on Celina Jaitly’s brother Major Vikrant Jaitly’s detention after UAE denies access |

Celina Jaitly has been fighting to bring back her brother Maj (Rtd) Vikrant Kumar Jaitly who has been detained in the UAE since September 2024. In her petition, Celina alleged that her brother was unlawfully abducted and has remained detained in the UAE. She argued that despite more than a year passing, the Centre has…

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The only passport offering access to 190+ destinations in latest Henley index — Full list inside |

In global travel rankings, crossing the 190-destination mark is rare. According to the latest Henley Passport Index, only one passport currently offers access to more than 190 destinations, and that passport belongs to Singapore.As per the index, the world’s strongest passport currently belongs to Singapore, whose citizens can access 192 destinations without obtaining a traditional…

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After CEO Jensen Huang said he wants employees to stop coding, Nvidia give all its 30,000 engineers access to…

Nvidia has equipped all 30,000 engineers with OpenAI’s advanced AI coding tool, Codex, a significant enterprise rollout. This move aligns with CEO Jensen Huang’s vision to automate tasks, freeing engineers to focus on problem-solving. Engineers are reportedly impressed with Codex’s ability to maintain context during complex coding sessions, highlighting its efficiency and advanced capabilities. Nvidia…

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