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EPFO to deploy new age tech to authenticate member records

NEW DELHI: In a big relief to millions of its members who face difficulty in validating their past service records while filing advance or final settlement claims, Employees Provident Fund Organisation (EPFO) is set to deploy new-age technologies like artificial intelligence (AI), blockchain and machine learning (ML) to authenticate member records, reports Shiva Rajora.“People who…

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US markets today: Wall Street steadies as Big Tech rebounds on earning results; oil prices slide sharply

Wall Street steadied on Thursday as heavyweight technology stocks bounced back on the back of strong signals from the global chip industry, while a sharp drop in crude oil prices helped soothe broader market concerns, according to an AP report.The S&P 500 rose 0.6%, snapping a two-day losing streak that followed its recent record high….

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Budget 2026: Agri sector lays out its pitch — expect tech push, climate-smart infrastructure & more

As the FY27 Budget draws closer, the country’s agriculture industry is urging the government to rethink how the sector is supported, pressing for higher spending on technology, digital systems and climate-ready infrastructure to unlock long-term growth. The sector employs close to 45% of the country’s workforce but contributes less than one-fifth to gross value added….

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Jamie Dimon on JPMorgan’s tech spending: Help us God, we are going to…

JPMorgan CEO Jamie Dimon is doubling down on tech spending, refusing to cut back despite a planned $9 billion increase by 2026. He stressed that falling behind in technology means losing to fintech rivals. While acknowledging competitive sensitivity, Dimon revealed their $2 billion AI investment is already breaking even, calling it just the beginning. Jamie…

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India, Germany to boost ties in defence, trade, critical tech | India News

PM Modi and German Chancellor Friedrich Merz fly a kite during the International Kite Festival at Sabarmati riverfront in Ahmedabad As PM Modi hosted German Chancellor Friedrich Merz for bilateral talks in Ahmedabad, the two countries agreed to significantly boost their defence, trade and critical and emerging technology ties with the formalisation of 19 agreements….

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Chinese tech leaders admit US export controls are a problem; say chances of beating OpenAI, Anthropic and other US tech giants are …

Contrary to what tech leaders like Jensen Huang and Eric Schmidt, some Chinese tech leaders are now saying China is unlikely to eclipse the US in the AI race. According to a report by Bloomberg, Justin Lin, head of Alibaba Group Holding Ltd.’s Qwen series of open-source models has said that currently there are less…

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Zoho founder Sridhar Vembu after tech town hall on AI-generated code: ‘I now have a much clearer understanding of…’

Zoho founder Sridhar Vembu has shared insights from a code review of C++ generated by Anothropic’s LLM, saying that he was impressed but thinks that AI still have room for development. He also suggested that LLMs coding still need human intervention but there has been a significant improvement in such capabilities in the last two…

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Budget 2026: PHDCCI pitches green bank to finance renewable energy, EVs and climate tech

Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…

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Union Budget 2026: PLI scheme should be extended to new tech sectors like AI, robotics; here’s what EY India recommends

EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…

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