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    UPI users get AI assistant: NPCI launches ‘UPI Help’ for user queries, complaints and payment tracking
    Why cloud expenditure is rising, and how enterprises are fighting back

    Enterprises are overspending nearly 30% annually on the cloud. New models promise agility, cost control, and resilience without slowing digital transformation.

    India rolls out pilot for e-commerce payments via ChatGPT

    India's payments authority NPCI, alongside fintech firm Razorpay and OpenAI, is piloting AI-driven payments on ChatGPT. This groundbreaking initiative leverages India's Unified Payments Interface (UPI) to enable users to make purchases directly through the AI chatbot. The pilot aims to explore secure, autonomous transactions for users, with Axis Bank, Airtel Payments Bank, and Bigbasket as key partners.

    S&P 500 heads for first fall in 8 days - top reasons for the downfall

    The S&P 500 dropped for the first time in 8 days as Oracle shares fell and investors worried about AI profits. The U.S. government shutdown and delayed economic data added pressure. Gold surged past $4,000 as a safe-haven. Stocks had mixed moves, while experts suggested caution and holding gold to protect investments during uncertainty.

    Ray Dalio compares today's market to the 1970s, and urges investors to do this

    Ray Dalio warns investors to hold more gold now. He says this moment feels like the early 1970s. Dalio recommends up to 15% of portfolios be in gold. The metal recently hit a record high above $4,000 an ounce. Gold acts as a key hedge during inflation and market uncertainty.

    MIT study shatters AI hype: 95% of generative AI projects are failing, sparking tech bubble jitters

    Despite over $44 billion invested in AI startups in the first half of 2025, a new MIT report reveals that 95% of generative AI business efforts are failing, with only 5% achieving meaningful revenue growth. Productivity gains remain elusive as AI struggles with real-world tasks and verification needs. Concerns over bias, mental health, and ethical dilemmas deepen. While some leaders predict massive future gains, experts warn that AI’s hype may be inflating an unsustainable bubble.

    • NVIDIA says 'Small Language Models' are the future of AI, but why isn’t anyone switching yet? The $57 billion reason may surprise you

      NVIDIA's research challenges the prevailing belief that bigger AI models are always better, suggesting that Small Language Models (SLMs) could be more effective for many AI agent tasks. SLMs, being faster, cheaper, and capable of local operation, offer a practical alternative to massive LLMs. NVIDIA's tests reveal that SLMs can handle 40% to 70% of tasks in systems like MetaGPT without compromising effectiveness, potentially saving organizations significant costs.

      Pause on accepting new proposals under IndiaAI after April 22

      The government will pause accepting new proposals under the Rs 10,000 crore IndiaAI Mission after April 22 due to high response volumes. The deadline for phase 3 has been extended to April 22. Over 190 proposals were received in earlier rounds, including LLMs and SLMs, which are under evaluation.

      Small language models set to be the next big thing in AI

      Large language models (LLMs), SLMs can generate human-like language but are trained on smaller datasets with fewer parameters. They are said to be easier to train and use, consuming less computational power, more cost-effective and better suited for specific tasks. The year 2024 saw launches of a slew of lightweight models, from Microsoft’s Phi family of SLMs to Google’s Gemma and a smaller variant of Meta’s Llama model.

      Infosys launches small language models built on Nvidia AI stack

      SLMs are trained on smaller (specific), and higher quality data than large language models (LLMs). The IT major added, these models are developed as part of the Infosys center of excellence dedicated to NVIDIA technologies and built to help businesses quickly adopt and scale AI.

      Joe Biden expected to announce USD 225 million weapons package for Ukraine, including Patriot system

      President Biden will announce a USD 225 million aid package including a second Patriot missile system for Ukraine's air defence against Russian airstrikes, aligning with Zelenskyy's call against 3,000 monthly bombs. Deployment will use presidential drawdown authority, previously noted in June. At the NATO summit, allies, including the US, Germany, and Romania, pledged Patriots. The US provided USD 150 million for interceptors, artillery, and anti-tank weapons, and USD 2.2 billion in Ukraine Security Assistance funds for future systems like NASAMS. Additional support includes NASAMS, HAWKs, IRIS T-SLM, IRIS T-SLS, and Gepards.

      Germany's Diehl to further expand production of IRIS-T air defence systems

      German arms manufacturer Diehl intends to expand production of the IRIS-T medium-range air defense system, aiming for at least 10 firing units by 2026 and a doubling of missile production by 2025. This move follows heightened threats from Russia, prompting Germany to bolster its defense capabilities. Germany has already supplied two IRIS-T units to Ukraine for missile defense and plans to provide six more. Additionally, some NATO countries, including Estonia and Latvia, have signed agreements to purchase the IRIS-T system, which has a range of up to 40 kilometers and a 360-degree view.

      The story behind the Telugu SLM ‘Chandamama Kathalu’

      Small language models, trained on limited datasets and fewer parameters, can revive the lost art of telling stories to children in their native languages.

      How small language models offer clues on customer psyche

      A few local companies are working on developing small language models (SLM), which are trained on smaller datasets and have limited capabilities than large language models, because they meet their domain-specific requirements at a lower cost.

      Kanchan Devi becomes first woman officer to be appointed as DG of ICFRE

      The new DG Kanchan has more than 30 years of experience in different areas of forestry, including forest management, forest administration, education, HRD, research and extension in Madhya Pradesh.

      BSE to discontinue stop loss orders across market segments from Oct 9; will it impact traders?

      The decision comes in light of a recent instance of wide price movement in Sensex call option of 67,000 strike on September 8, on account of Stop Loss Market Order (SL-M) without due price protection. Due to a market order, the premium that was trading at Rs 4-5, shot up to Rs 209 for a few seconds, and a lot of traders faced losses due to this, Jain said

      Big food runs greenwash risks over regenerative farming push

      Many global food suppliers are looking at regenerative agriculture which has the capability to reduce the social and environmental impact of traditional farming approaches.

      UK promises more arms for Ukraine as Volodymyr Zelenskyy meets Rishi Sunak on European tour

      Zelenskyy thanked Britain for its support so far, and said the war was a matter of "security not only for Ukraine, it is important for all of Europe." Sunak told Zelenskyy that "your leadership, your country's bravery and fortitude are an inspiration to us all." This is the fourth European country Zelenskky has visited in the past few days. He is seeking more aid as Ukraine prepares a long-anticipated spring offensive to retake territory seized by Russia.

      'No winner' in Sudan war: exiled Darfur rebel leader

      Nur was a leader of the Darfur rebellion from 2003 when African minority groups rose up against Arab elites they accused of monopolising Sudan's political power and wealth. The Islamist-backed strongman then in power, Omar al-Bashir, unleashed the notorious Janjaweed militias, the forerunners of the RSF, whose atrocities shocked the world. The unrest killed at least 300,000 people and displaced 2.5 million, according to the UN. The bloodshed led to international charges of genocide, crimes against humanity and war crimes against Bashir and others.

      Western nations vow to send more, better arms to Ukraine

      Germany said it will supply Ukraine with modern anti-aircraft missiles and radar systems, and the US will unveil a new weapons package later in the day that will include high-tech, medium-range rocket systems.

      Germany to send IRIS-T air defence system to Ukraine

      Scholz said Germany had been "delivering continuously since the beginning of the war", pointing to more than 15 million rounds of ammunition, 100,000 grenades and over 5,000 anti-tank mines sent to Ukraine since Russia invaded it on Feb. 24.

      Skill development ministry signs MoU with IGNOU to link vocational education and training with higher education

      The trainees attached to national skill training institutes (NSTI), industrial training institutes (ITI), pradhan mantri kaushal kendras (PMKK) and jan shikshan sansthans (JSS) will benefit from the programme aimed at creating upward mobility of these students to be able to attain higher education for better livelihood opportunities, the skills development ministry said on Tuesday.

      Primaeam Solutions has tied up with Belgium-based Materialise for Innovation & Incubation Centre for Healthcare

      The 10,000 sq. ft. centre, which came at an investment of Rs 20 crore, will allow the company to develop its position as a technology leader in additive manufacturing service bureau with technologies such as Electron Beam Melting (EBM), Selective Laser Sintering (SLM), Fused Deposition Modelling (FDM), Stereolithography (SLA), Multi Jet Fusion (MJF), and Continuous Filament Fabrication with Fiber reinforcement (CFF).

      2021 may turn out to be the best year for the company: Schwing Stetter India MD VG Sakthikumar

      Sakthikumar who was in Guwahati on Friday said, “Last year three months of April, May and June was not good for us, later things picked up and we ended the year comfortably. This year initially owing to COVID-19 pandemic business was not good however it picked up and we are expecting that this year will be third best year for company.”

      Mosque in Ayodhya may be square-shaped like Kaaba: Trust official

      Secretary and spokesperson of the Indo-Islamic Cultural Foundation (IICF) Athar Hussain told on Sunday, "A mosque measuring 15,000 square feet will be built in Dhannipur village. It will be of the same size as that of the Babri mosque. The shape of the mosque may be completely different from that of other mosques.

      Lower customer acquisition & network costs boost Jio opex

      CLSA said Jio’s acquisition cost per new subscriber added is a modest Rs 129, while No 3 carrier, Idea’s is as much as 40% higher at Rs 216.

      The what and how of direct selling companies

      A direct selling company sells products and services directly to consumers, away from a fixed retail locations.

      Lanco Infratech's third-quarter result was below expectations, mainly due to a lacklustre performance of the power division.

      The Gujarat High Court, in a recent ruling, has held that the assessing officer (AO) cannot make addition to the income

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