Flipkart has pared its senior leadership ranks over the past two years, reducing the number of senior vice presidents (SVPs) to fewer than a dozen from about 18 earlier, ahead of a planned initial public offering. Budget 2026 Critics' choice rather than crowd-pleaser
The defining moment of Oman's cricketing journey came during their spirited showing against India at the Asia Cup 2025 in Abu Dhabi. Though the Jatinder Singh-led side went down by 21 runs, the performance of the world No. 20 side against the Men in Blue turned heads across the cricketing world
Apple Tax Exemption: Under the new rule, foreign companies can provide machinery to Indian contract manufacturers operating in bonded customs zones without triggering taxes in India. Apple Tax Exemption: In Budget 2026, Finance Minister Nirmala Sitharaman has announced a major policy relief for
Elon Musk's social media platform X was back up after a brief outage affected more than 19,000 U.S. users on Sunday, according to outage tracking website Downdetector.com. The outage lasted about 45 minutes and was largely resolved by 12:04 p.m. ET
Nipah scare recently sounded an alarm across the world with several airports reinstating COVID-like health checks. Following the Nipah virus outbreak in West Bengal, World Health Organisation (WHO) director general Tedros Adhanom Ghebreyesus warned against the “serious disease
Indias inclusion in Pax Silica reflects strategic trust: MeitY Secretary
Indias inclusion in Pax Silica reflects strategic trust: MeitY Secretary
New Delhi [India], January 13 (ANI): Ministry of Electronics and Information Technology Secretary S Krishnan has asserted that India's invitation to join the US-led Pax Silica initiative represents global recognition of the country as a trusted partner in critical technology supply chains.
He said that IT Minister Ashwini Vaishnaw is in Washington to attend a meeting on critical minerals, asserting that India's involvement in such issues is at the high table.
"My minister is in Washington attending a meeting on critical minerals. So I think from a strategic point of view, it's important that India is at the high table as far as all of these important issues are concerned," Krishnan said.
"Fundamentally, it's about addressing the supply chain of critical minerals and it's important for a country like India to be part of that, and I think it's a recognition of the trust," he added.
US Ambassador to India Sergio Gor on Monday announced that New Delhi would be invited next month to join Pax Silica, a US-led strategic initiative aimed at securing critical supply chains spanning silicon, advanced manufacturing, and AI.
Speaking at an event organised by industry body Nasscom, the Secretary said that India should aspire to become the global use case capital for artificial intelligence, with the government pursuing a balanced approach of maintaining openness to international players while building sovereign AI capabilities.
Krishnan outlined India's comprehensive AI strategy ahead of the IndiaAI Impact Summit, a multilateral gathering of world leaders scheduled for next month in the national capital to discuss global AI policy-making.
Addressing concerns about the concentration of AI infrastructure in the hands of a few companies, particularly in chip manufacturing, Krishnan emphasised India's technology-agnostic procurement strategy.
"We are not going to necessarily say that we will buy only NVIDIA GPUs. Our approach is whoever produces the chips," he said, explaining how the government is avoiding vendor lock-in.
He noted that recent developments like DeepSeek have demonstrated that AI development need not be as expensive as previously thought. "DeepSeek was a moment where something broke through, and suddenly you realize that it need not cost as much as they say it would cost. There's a way in which you can do it cheaper," he said.
The Prime Minister recently met with 12 startups and institutions selected under the India AI Mission to prepare India's first foundation models, signaling the government's commitment to developing indigenous AI capabilities.
Krishnan stressed that India's differentiation from other countries lies in its continued commitment to being an open system. "What is available, and I think it's important in the technology world to be an open system, because people in India must have the access to whatever is the latest in terms of technology," he said.
"Some of it we will develop ourselves. Some of it, in due course, we will develop, but why should you restrict access to technology, saying it's not Indian and therefore I will not use it?" he added, noting this approach has enabled the IT sector's growth.
The Secretary said India's development of sovereign capabilities in AI and becoming strategically autonomous is in the larger global interest.
"You are assuring the world that there is one more production line, one more option available for many countries in the world to use," he said.
Krishnan emphasised that the democratisation of AI extends beyond models and computing power to real-world applications, where revenue will be generated. He compared the opportunity to the India IT industry's pivotal moment of transformation.
"It is legitimate for India to aspire towards becoming the use case capital for AI in the world. If the active startups are able to do it, that will make a difference. That will make AI available to a wide range of users," he said.
The secretary noted that this aligns with the Prime Minister's message that AI must be made available for use, similar to what India achieved with Digital Public Infrastructure.
Responding to comparisons with the USD 500 billion AI investment announced in the US, Krishnan clarified that such investments are primarily driven by the private sector and are not limited to any single geography. He pointed to recent announcements by Google, Microsoft, and AWS in India totalling around USD 70 billion over the past few months.
"If that investment is there, that compute is there, that is something which you can then ride on the back of and build further, then that really makes the impact," he said.
The government is also working on sovereign cloud capacity for AI intended for government use and certain restricted categories of users, with several companies already making such offerings.
Highlighting India's semiconductor progress, Krishnan noted that 20 per cent of the global design workforce in semiconductors belongs to India. "Many of them are in global capability centers establishing here. Eventually this should convert into Indian intellectual property, designing chips, and those in turn becoming products that India can produce," he said.
He revealed that fabs and advanced packaging facilities under the India Semiconductor Mission are receiving orders and some are planning to export their entire production. "The best test of industrial policy is whether you're competitive and whether you can export," he said, noting this validates that the policy was fundamentally sound.
The Prime Minister had mentioned in September that there will be an ISM 2.0, which is currently in its final stages of development. (ANI)
Source: LiveMint
Related Posts: India said to travel to Sri Lanka for Pakistan clash amid boycott call Pakistan captain Salman Agha breaks silence on India match boycott India vs USA today Pakistan captain Salman Ali Agha’s first reaction after India match boycott Where India’s AI Roadmap Takes Shape Railway-linked MIC Electronics announces quarterly earnings – check PAT Budget 2026 clears path for faster iPhone manufacturing in India-details Exclusive | How India game reshaped Oman’s T20 World Cup mindset Union budget 2026 supercharges India’s sporting ambitions through Khelo India Mission Best New Artist To Record Of The Year
Phone charging tips: It may seem like a technical issue, but before blaming the charger or rushing to a service centre, check for dust and dirt trapped inside the charging port of your smartphone. Phone charging tips: You must have been troubled by repeated plugging in and unplugging while charging
1 hours ago
Elon Musk on Monday (February 2, 2026) denied any links to Jeffery Epstein, saying he never attended his parties or been on his “Lolita Express” plane or set foot on his creepy island or done anything wrong at all. In a post on X, on Monday (February 2, 2026), Mr. Musk said
1 hours ago
Billie Eilish's Wildflower won Song of the Year at the 2026 Grammy Awards, making it one of the biggest moments of the night. The award was announced during the main ceremony held on Sunday at the Crypto.com Arena in Los Angeles. Billie walked up to the stage with her brother and longtime
1 hours ago
Union Budget of India 2026: India is set for a major sports transformation over the next decade. The government plans to enhance talent development, upgrade infrastructure, and integrate new technology. This initiative aims to make India a global leader in sports goods manufacturing
1 hours ago
The National Investigation Agency (NIA) on Monday (February 2, 2026) carried out searches at multiple locations in Srinagar, Bandipora and Baramulla districts of Jammu and Kashmir in connection with a terror case, officials said. The searches were being carried out in Rafiabad, Sopore
1 hours ago
KERALA LOTTERY RESULT MONDAY 2-2-2026 LIVE: The Kerala Lottery result for the "Bhagyathara BT" draw on Monday, February 2, 2026, is scheduled to be announced live at 3 PM. This lottery draw is part of the seven weekly draws held in Kerala. The alphanumeric code assigned to this specific lottery is
1 hours ago
The Magh Mela is observed every year from Paush Purnima to Mahashivratri, spanning a period of 44 days. During this sacred time, devotees take part in six major bathing festivals. These holy bathing dates include Paush Purnima, Makar Sankranti, Mauni Amavasya, Basant Panchami, Magh Purnima
1 hours ago
Congress MP Priyanka Gandhi has again requested the Kerala government to grant Scheduled Tribe status to the Kunduvadiyan community. She wrote to Minister O R Kelu highlighting the community's historical discrimination and marginalization. Granting this status would address long-standing social and
1 hours ago
MIC Electronics Share Price: MIC Electronics, a smallcap company which primarily serves to Indian Railways, has announced its results for the third quarter of current financial year (Q3 FY26). The company said that its consolidated net profit stood at Rs 1.88 crore in the quarter
1 hours ago
Trinamool Congress MPs staged a walkout from Rajya Sabha. They protested the Centre's alleged withholding of Rs 2 lakh crore in dues. Party leaders stated West Bengal was ignored in the Union Budget. They accused the Centre of discrimination following the BJP's defeat in the state
1 hours ago
Yamaha EC-06: Yamaha's first electric scooter, the EC-06, has finally been launched in India at Rs 1,67,600 (ex-showroom, Delhi). Yamaha EC-06 Launched: Yamaha's first electric scooter, the EC-06, has finally been launched in India at Rs 1,67,600 (ex-showroom, Delhi)
1 hours ago
Explained: ICC's 2024–27 distribution model and Pakistan's financial risk in T20 World Cup 2026. The Pakistan Cricket Board's decision to boycott the India vs Pakistan league-stage match at the T20 World Cup 2026 has triggered a rare public debate about the International Cricket Council's
1 hours ago
A Russian drone strike on the Ukrainian city of Dnipro hit a bus carrying mineworkers and killed at least a dozen people, Ukrainian authorities said on Sunday (February 1, 2026), hours after President Volodymyr Zelenskyy announced that the next round of peace talks between Russian and Ukrainian
1 hours ago
The Pakistan government announced its decision on Friday to not field the national cricket team during the league stage match against India on 15 February. Soon afterwards, former Pakistan head coach and captain Mohammad Yousaf came out in support of the decision and went on to call out
1 hours ago
Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. In Asia trade on Monday, spot gold prices fell more than 9% to $4,403 (£3,222) an ounce, while silver slumped by 15% to less than $72 an ounce
1 hours ago
The Congress on Monday claimed that the Mahatma Gandhi National Rural Employment Guarantee Act was a transformative law, but the new rural job scheme introduced by the Union government to replace it is “a flaw”. Congress General Secretary Jairam Ramesh contended in a social media post
1 hours ago
The 68th Grammy Awards have taken place in Los Angeles, with Kendrick Lamar the night's biggest winner for the second year in a row. The rapper took home five awards, including record of the year for Luther, a duet with SZA, and best rap album for GNX
1 hours ago
Iran has released a list naming nearly 3,000 people killed in recent anti-Khamenei protests, as unrest over economic hardship turned violent amid rising tensions with the US. Seoul: The office of Iran's President Masoud Pezeshkian has released a list naming 2
1 hours ago
Indian athletics: At the Sports Ministry's National Centre for Sports Science and Research (NCSSR) in Delhi, India's first Athlete Management and Sports Science platform has been developed and put into operation. New Delhi: From dietary recommendations to injury predictions and from age
1 hours ago
The rupee gained 37 paise to 91.56 against the U.S. dollar in early trade on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Forex traders said for the rupee, the budget offered reassurance, not relief
1 hours ago
YouTuber Ashish Chanchlani has landed in controversy after a video from his recent Italy trip sparked outrage online. The clip, which has since been deleted, showed Ashish making derogatory remarks about an Italian man during a speedboat ride
1 hours ago
The Union Budget 2026-27 has introduced significant cuts to important urban development programs. The Ministry of Housing and Urban Affairs (MoHUA) is experiencing a major decrease in overall funding. One of the most affected schemes is the Swachh Bharat Mission-Urban (SBM-U)
1 hours ago
Pakistan captain Salman Agha says players had no role in India match boycott at T20 World Cup 2026. ICC seeks resolution. Pakistan captain Salman Ali Agha has made it clear that the decision to forfeit the India clash at the T20 World Cup 2026 was not taken by the players or the team management
1 hours ago
The fiscal consolidation for FY27 is the slowest in six years. And the budgeted disinvestment, which is a below-the-line funding item, is likely to see the highest rise in six years, the report from HSBC Global Investment Research said. Mumbai: Lower revenue as a share of GDP has been more than
1 hours ago
New Delhi: Set to replace the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 (MGNREGA), the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 has been allocated a whopping Rs 95,692 crore under the Union Budget
1 hours ago
Taipei, TAIWAN — China executed four people found guilty of causing the deaths of six Chinese citizens and running scam and gambling operations out of Myanmar worth more than $4 billion, authorities said on Monday. The Shenzhen Intermediate People's Court in south China announced the
1 hours ago
A 15-member delegation of the Trinamool Congress, led by Chief Minister Mamata Banerjee and party National General Secretary Abhishek Banerjee, will meet Chief Election Commissioner Gyanesh Kumar today. West Bengal Chief Minister Mamata Banerjee who is set to meet Chief Election Commissioner
1 hours ago
