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New Delhi: Emerging requirements of grid stability amid India’s growing electricity demand, large-scale renewable energy integration, and the increasing share of inverter-based generation resources and bulk loads were discussed in a meeting of the parliamentary consultative committee of the ministry of power on Tuesday.Chaired by Union power minister Manohar Lal, the meeting stressed the need…
NEW DELHI: “I had a very satisfying and excellent tenure,” the outgoing Chief of Defence Staff Gen Anil Chauhan said on Saturday as he wrapped up a three-year-and-eight-month stint at the top military post, during which he focused on bringing synergy among the three services. Lt Gen NS Raja Subramani (Retd) will take charge as…
Commerce and Industry Minister Piyush Goyal on Thursday called for aligning standards, customs procedures and business practices between India and African nations to accelerate bilateral trade and deepen economic partnerships, PTI reported.Addressing a curtain raiser event for the upcoming India-Africa Business Dialogue (IABD) and Exhibition, Goyal said the African Continental Free Trade Area (AfCFTA), valued…
Jamie Dimon, CEO of America’s largest bank JP Morgan, has detailed how artificial intelligence (AI) is being used across the bank’s operations, saying the technology now supports hundreds of different functions. Speaking to Bloomberg recently, Dimon said the bank is using AI in areas such as risk management, fraud detection, underwriting, negotiation, note-taking, idea generation…
Mumbai: With less than a fortnight left for bids for IDBI Bank to close, the field has narrowed to Prem Watsa’s Fairfax Holdings and Kotak Mahindra Bank. The absence of a broader bidding war reflects not a lack of capital, but the complexity of integrating technology, HR culture and branch networks.Both bidders face material integration…
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), according to an ET report.Speaking at an IMF press conference, Georgieva replied to ET…
KOLKATA/NEW DELHI: PM Narendra Modi on Monday directed the defence ministry to ‘swiftly implement concrete steps’ to achieve greater jointness, atmanirbharta and innovation to meet future challenges, amid the continuing differences among the Army, Navy and IAF over the creation of theatre commands for an integrated and cost-effective war-fighting machinery.Inaugurating the biennial three-day combined commanders…
