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technology

“Banks Need an AI Makeover to Power India’s ‘Viksit Bharat’ Ambition: Report”

India’s banking sector needs to move beyond digitisation and adopt AI-first operating models to boost productivity, expand affordable credit and strengthen risk management, a BCG-FICCI-IBA report said.

Big EV Boost: PM E-DRIVE Extended Till March 2028, E-2W Buyers to Get Up to Rs 5,000 Incentive

The extended PM E-DRIVE scheme will provide eligible electric two-wheelers with incentives of up to Rs 5,000, while boosting EV adoption, charging infrastructure and domestic manufacturing.

South Korea

South Korea's current account surplus hits record $49.73 billion on chip export boom

June marks the country's highest-ever monthly surplus as semiconductor exports soar, pushing the first-half current account balance to an all-time high.

Centre backs Shashi Tharoor's proposal for Thiruvananthapuram research cluster

Union Minister for Science and Technology Jitendra Singh says he is willing to discuss the proposal with the Kerala Chief Minister to bring eight premier scientific institutions under a collaborative research framework.

isro

ISRO-developed transponders to be installed on 1 lakh fishing vessels under ₹364 crore rollout

The Centre has approved the nationwide VCSS rollout under PMMSY to enhance fishermen's safety, enable real-time vessel tracking, issue weather alerts, and prevent accidental border crossings.

AI

US Senate sounds alarm over AI scams targeting senior citizens

Bipartisan lawmakers warn that deepfakes, cloned voices and AI-powered fraud are driving a surge in sophisticated scams against older adults, with growing implications for India.

PM Modi praises Skyroot Aerospace, says private space sector reflects India’s innovation spirit

Prime Minister Narendra Modi met Skyroot Aerospace founders Pawan Chandana and Naga Bharath Daka and discussed the success of Vikram-1, technology development and opportunities for private companies in India’s growing space ecosystem.

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