Top Trending World News & Highlights
Tensions Escalate: Israel-Iran Conflict — After Trump’s ‘Surrender’ Warning, Iran’s Supreme Leader Says ‘Battle Begins’
Hostilities Worsen Amid Rising Death Toll and Global Alarm The Israel-Iran conflict has sharply intensified, following former U.S. President Donald Trump’s public call for Iran to “surrender unconditionally.” In a bold and defiant response, Iran’s Supreme Leader declared, “The battle begins,” signaling a dangerous escalation that has already seen heavy civilian casualties and military losses on both sides. Fifth Day of Strikes: Nuclear Site Hit, Cities Under Fire The conflict, now in its fifth consecutive day, has seen a wave of airstrikes, missile attacks, and targeted assassinations. The International Atomic Energy Agency (IAEA) confirmed that an Iranian nuclear facility was struck during Israeli air raids. In retaliation, Iran claimed to have targeted a key Israeli intelligence center in Tel Aviv. Israeli sources have acknowledged damage to both civilian areas and military installations, as explosions continued throughout Tuesday night. A Mossad office was reportedly hit, while Tehran saw one of its senior military figures assassinated in a suspected Israeli operation. Casualties Mount: Over 240 Dead Across Both Nations Iranian officials report that Israeli strikes have killed more than 220 people, including at least 70 women and children. Israel, meanwhile, has confirmed the deaths of over 20 people in Iran-led attacks. Hospitals in both countries are under pressure as the civilian toll climbs amid ongoing air raids. India Acts to Protect Nationals, Concerns Grow in Region India has responded by relocating students out of Iran and rerouting international flights to avoid Iranian airspace. Concern remains for 120 Indian citizens stranded in Iraq. Hyderabad MP Asaduddin Owaisi has urged the Ministry of External Affairs to act swiftly to bring them home. United States Increases Military Pressure Amid growing fears of a wider conflict, the U.S. has deployed two fighter jets into Iranian airspace. While Trump’s surrender demand was not made in an official capacity, it has added to the pressure on Iran as Washington calls for an end to hostilities. The U.S. presence in the region is now on high alert, with officials warning of “serious consequences” if attacks continue. G7 Summit: World Leaders Call for Ceasefire, Back Israel At the G7 Summit in Canada, the Israel-Iran crisis took center stage. French President Emmanuel Macron revealed that Trump floated the idea of a ceasefire to fellow leaders. “An offer was made to pause the violence and explore broader dialogue,” Macron said. German Chancellor Friedrich Mertz emphasized that Israel and the U.S. have the combined capability to disable Iran’s nuclear infrastructure if needed. The G7 issued a joint statement supporting Israel and described Iran as a destabilizing force in the Middle East.
Published 18 Jun 2025 08:05 AM
ChinaJoy 2024 Mobile App Advertising Event
What is ChinaJoy Event and all about the event? Shanghai, China hosts ChinaJoy, officially known as the China Digital Entertainment Expo and Conference, every year as a digital entertainment event. This exhibition is the biggest of its kind in Asia and China for video games and digital entertainment. Organizers: Game Connection & ChinaJoy Date: 26-28 July, 2024 Venue: Shanghai New International Expo Centre (SNIEC) ADZ Junction Media Exhibition Details: Booth #IG-061, Hall #5 at ChinaJoy ChinaJoy, 2024 event is divided and categorized in two parts which are: - Indie Game Expo: To present their games and network with publishers and investors, foreign game creators are welcome to come to ChinaJoy's exclusive Indie Game Expo. Indie Game Development Awards: submit your games for publisher assessment and win one or more to gain the recognition you deserve. Why China Joy? A major event for the digital entertainment sector, China Joy showcases the newest in gaming, hardware, software, and related services. It serves as a center for knowledge sharing, networking, and looking into new business ventures. With cutting-edge trends and technologies on exhibit, this year looks to be especially intriguing.What is ChinaJoy Event and all about the event? Shanghai, China hosts ChinaJoy, officially known as the China Digital Entertainment Expo and Conference, every year as a digital entertainment event. This exhibition is the biggest of its kind in Asia and China for video games and digital entertainment. Organizers: Game Connection & ChinaJoy Date: 26-28 July, 2024 Venue: Shanghai New International Expo Centre (SNIEC) ADZ Junction Media Exhibition Details: Booth #IG-061, Hall #5 at ChinaJoy ChinaJoy, 2024 event is divided and categorized in two parts which are: - Indie Game Expo: To present their games and network with publishers and investors, foreign game creators are welcome to come to ChinaJoy's exclusive Indie Game Expo. Indie Game Development Awards: submit your games for publisher assessment and win one or more to gain the recognition you deserve. Why China Joy? A major event for the digital entertainment sector, China Joy showcases the newest in gaming, hardware, software, and related services. It serves as a center for knowledge sharing, networking, and looking into new business ventures. With cutting-edge trends and technologies on exhibit, this year looks to be especially intriguing. Read more about the upcoming biggest event of 2024 which is happening in Shanghai, Chaina at the end of July, 2024.
Published 25 Jul 2024 02:07 PM
Russia confirms naval chief replaced after Black Sea failures
Russian state media confirmed on Tuesday that the Kremlin replaced the head of the country’s navy following a string of successful Ukrainian attacks on its Black Sea fleet.Adm. Alexander Moiseyev was for the first time officially introduced as acting commander in chief of the Russian Navy during celebrations marking Submariner Day in Kronshtadt, a town and a naval base on Kotlin Island, just west of St. Petersburg, according to state news agency TASS. Born on April 16, 1962 in Borskoye, Kaliningrad region, Moiseyev had served “for many years in nuclear submarines of the Northern Fleet from combat element group engineer to missile submarine commander, submarine force commander and submarine forces commander,” according to his Russian Defense Ministry biography. In 2011, Moiseyev was awarded the title of Hero of the Russian Federation for courage and heroism shown in the line of duty, according to the Defense Ministry. He has also been awarded two orders of courage and a number of other awards and medals, according to the ministry. Moiseyev replaces Adm. Nikolay Yevmenov, according to TASS, whose future had been the subject of speculation for weeks due to Russia’s repeated losses in the Black Sea. While the situation on the frontlines of the ground fighting between Russia and Ukraine has been static for months, save for a few Russian victories, the successes in the Black Sea have been a bright spot for the Ukrainian military. Ukraine claimed last month that it had disabled a third of the Russian Black Sea fleet in attacks which have most involved underwater drones. The salvos are aimed at isolating the Crimean Peninsula to make it more difficult for Russia to sustain its military operations there and on the Ukrainian mainland. Moscow seized Crimea 10 years ago in violation of international law, so the attacks there carry symbolic significance as well as strategic value. Pushing back Russia’s fleet has also allowed Kyiv to open a maritime corridor to export of grain and other commodities to the global market. But those losses have prompted the Kremlin to redouble its efforts to fortify the Black Sea Fleet. Russian Defense Minister Sergei Shoigu effectively admitted that Ukraine had taken advantage of vulnerabilities in the Black Sea Fleet during a visit to its command post. According to a statement from the ministry, Shoigu ordered the Russian navy to add more firepower to war ships to counter Ukrainian drones and train personnel “during the day and at night.” It’s unclear when exactly Moiseyev was appointed to replace Yevmenov. The palace intrigue inside Russia’s military is, like much of the country’s authoritarian politics, notoriously opaque.
Published 06 Jun 2024 10:53 AM
Ukraine sees power outages after largest missile barrage of the year
Several Ukrainian regions suffered power outages after the largest Russian missile and drone strike on the country’s energy infrastructure so far this year, prompting President Volodymyr Zelenskyy to again urge foreign allies to accelerate military aid. Ukraine’s air defense intercepted less than a half of the 88 missiles, which affected electricity generation and transmission systems across the country early Friday, Zelenskyy said on his Telegram channel. Most of an estimated 63 drones were taken down. Moscow’s goal is to disable Ukraine’s power system via the same means as last year, Energy Minister German Galushchenko said in an emailed statement. “Russia’s missiles are not facing delays like military aid packages to our state. Shahed drones don’t have indecision like some politicians,” Zelenskyy said as he urged Ukraine’s allies not to delay with providing weapons, which will in turn help protect citizens. Meanwhile, the International Monetary Fund has approved the next disbursement to Ukraine within a $15.6-billion loan programme, a move that bolsters the nation’s finances as aid from the US, its key ally, remains stalled. The lender’s executive board met on Thursday to give final assent to providing about $880 million in the latest installment to Kyiv. This is the first of four tranches for a total amount of more than $5.3 billion scheduled to be released this year.The IMF continues to lend to Ukraine under a four-year loan package sealed a year ago. At least two people were killed and eight wounded in the western city of Khmelnytskyi after the attacks, the Interior Ministry said. Six people were injured and three are missing in Zaporizhzhia, where missiles struck residential buildings. One of the remaining power lines that link the occupied Zaporizhzhia nuclear plant to the Ukrainian power grid automatically switched off because of disruptions in transmission, the nuclear operator Energoatom said on Telegram. The Dnipro hydro power plant in Zaporizhzhia, Ukraine’s largest, was also targeted, causing a fire, said operator Ukrhydroenergo, adding that there was no risk to the dam.Thermal power plants run by the energy producer DTEK were seriously damaged, the company said in a statement. Ukrainian Railway reported that several areas of its network lost power and trains were being sent on roundabout routes.
Published 06 Jun 2024 10:52 AM
World
We will here show case the latest trends in the Globe from different industries and different verticals.
India overtakes Hong Kong as worlds fourth-largest stock market
India's stock market capitalization crossed $4 trillion for the first time on December 5, with about half of that coming in the past four years. India’s stock market has pipped Hong Kong for the first time. The combined value of shares listed on Indian exchanges hit $4.33 trillion as of Monday’s close, against $4.29 trillion for Hong Kong, according to data compiled by Bloomberg, making India the fourth-biggest equity market globally. Its stock market capitalization crossed $4 trillion for the first time on December 5, with about half of that coming in the past four years. India has all the right ingredients in place to set the growth momentum further,” Ashish Gupta, chief investment officer at Axis Mutual Fund in Mumbai, told Bloomberg. Hong Kong's slump is also due to an eroding China appeal. Some of China’s most influential and innovative firms are listed in Hong Kong. Beijing’s stringent anti-Covid-19 curbs, regulatory crackdowns on corporations, a property-sector crisis and geopolitical tensions with the West have hit Chinese stocks hard. The total market value of Chinese and Hong Kong stocks have tumbled by more than $6 trillion since their peaks in 2021. New listings have dried up in Hong Kong, with the Asian financial hub losing its status as one of the world’s busiest venues for initial public offerings. Overseas funds poured more than $21 billion into Indian shares in 2023, helping the country’s benchmark S&P BSE Sensex Index cap an eighth consecutive year of gains.“There is a clear consensus that India is the best long-term investment opportunity,” Goldman Sachs Group Inc. strategists including Guillaume Jaisson and Peter Oppenheimer wrote in a note Jan. 16 with results of a survey from the firm’s Global Strategy Conference.
Tech layoffs: Tencents Riot Games to lay off 11% employees
Riot Games, based in Los Angeles, is known for popular games like 'League of Legends'. The company stated that teams not directly involved in game development will be most affected by the layoffs.Riot Games, a subsidiary of Tencent Holdings, announced on Monday that it plans to lay off 530 employees, which is about 11% of its global staff. The news was shared in a blog post that included a letter from CEO Dylan Jadeja to the employees.Riot Games, based in Los Angeles, is known for popular games like "League of Legends". The company stated that teams not directly involved in game development will be most affected by the layoffs. The digital gaming industry is facing challenges as audiences are hesitating to buy expensive titles or are sticking to fewer games due to high inflation. This trend was also seen last year when Electronic Arts Inc cut 6% of its staff and reduced office space. In his letter, Jadeja explained, "We're a company without a sharp enough focus, and we have too many things underway. Some of the significant investments we've made aren't paying off the way we expected them to. Our costs have grown to the point where they're unsustainable."The layoffs will allow Riot to concentrate on its live games portfolio, which includes "League of Legends", "Valorant", "Teamfight Tactics", and "Wild Rift". This was mentioned in a separate blog post by Jadeja and co-founder Marc Merrill.Riot will halt new game development under "Riot Forge" and will reduce some staff and features in "Legends of Runeterra".Tencent, which bought a majority stake in Riot Games in 2011, also has a stake in U.S. video game developer Epic Games.
Tata Motors zooms to 52-week high on plans to hike vehicle prices
Shares of Tata Motors Limited traded over a percent higher at Rs 827 to hit a fresh 52-week high on January 23 after the company announced that it will raise the prices by 0.7 percent across its passenger vehicles portfolio, including electric vehicles, with effect from February 1. The automobile major said the main reason behind the hike is escalating input costs. Despite the announcement, specific revised prices for each car have not been disclosed by the company. At 9:26am, the stock was trading at Rs 825, up 0.7 percent from the previous close on the NSE. In the last year, the counter has had a stellar rally, gaining over 100 percent on the bourses. It was also the best performer on the Nifty in 2023. The hike isn't just restricted to internal combustion engine (ICE) vehicles, but also EVs where Tata Motors is the market leader. This comes after the company launched the new Tata Punch EV, its recent addition to the electric SUV segment. Before its launch, Tata had Nexon EV, Tigor EV, and Tiago EV. The development gains significance as Tata Motors isn't the first company to hike prices in 2024. Last week, Maruti Suzuki announced a 0.45 percent price increase for its models. The company’s diverse range of vehicles, from the entry-level hatchback Alto to the sports utility vehicle Jimny and the multi-utility vehicle Invicto.
Cipla shares rally 7% to hit 52-week high on strong Q3 earnings
Shares of Cipla rallied 7 percent to hit a 52-week high of Rs 1,409 in the opening trade on January 23, a day after the company reported a strong performance in Q3 on all key parameters of profit, revenue and profitability. The company's net profit for the quarter grew 32.7 percent on-year to Rs 1,049 crore despite an exceptional loss of Rs 194.8 crore. The bottomline growth was also aided by a 14.2 percent on-year increase in revenue to Rs 6,544 crore in the October-December period. Growth was largely broad-based across markets as the company clocked in its highest ever North American sales at $230 million, up 18 percent on year. The India business grew nearly 12 percent to Rs 2,859 crore, whereas sales from the South Africa recorded a near 10 percent rise to Rs 603 crore. Growth in the India business was driven by a strong performance across branded prescription, trade generics and consumer health, while that in North America was supported by continuing momentum in key assets and robust demand in base business along with some year-end buying.The South Africa business also benefitted from the increase in revenue in local currency terms. This performance was supported by positive traction in prescription, OTC (over-the-counter) and tender.
Amazon Great Republic Day Sale 2024: Best Deals on Power Banks and Wireless Chargers
Amazon Great Republic Day Sale 2024 is live for a few more hours with price cuts on different electronic items. The week-long sale started on January 13 for all Amazon India users. Besides discounts on mobile phones, tablets and laptops, the Great Republic Day Sale brings deals and offers on mobile accessories like power banks and chargers from popular brands. Bank offers are also available that provide additional discounts on a list of devices available through the online marketplace. Further, customers can avail of discounts through coupons.State Bank of India (SBI) customers are eligible to get additional instant discounts of up to 10 percent on purchases made using their cards and EMI options. Amazon is offering bundled offers in the form of exchange and no-cost EMI payment options. Meanwhile, Flipkart is also running a discount sale, which means you should compare prices across both platforms to ensure the best deal.Power banks and wireless chargers from brands like Mi and Ambrane, that will make your travel more convenient and hassle-free, are listed at affordable price tags on Amazon in the Great Republic Day Sale. Xiaomi's Power Bank 3i is currently listed with a price tag of Rs. 1,899, down from Rs. 2,199. Additionally, interested buyers can avail of up to Rs. 300 discount on purchases made via SBI cards and EMI transactions. Amazon Pay ICICI credit card users can avail of Rs. 300 cashback as well. The Xiaomi Power Bank 3i packs a large 20,000mAh lithium polymer battery and supports Quick Charge 3.0. Similarly, Portronics's Freedom Fold 15W wireless charger is available for Rs. 799, down from Rs. 1,999. Below is a list of the best deals and offers on power banks and wireless chargers that you can get during the Amazon Great Republic Day Sale 2024 today. Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company's new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.
Realme 12 Pro+ Camera Details Revealed Ahead Of Launch
Realme has already confirmed that it will launch its Relame 12 series of smartphones later this month. The Chinese smartphone maker has revealed that it will launch the Realme 12 Pro and Realme 12 Pro+ smartphones on January 29 in India. Relame has revealed that the Realme 12 Pro+ will come in two colour options — blue and cream. The smartphone will sport a circular camera module with triple rear camera setup. The company has revealed that the upcoming Relame 12 series smartphone will sport a 64MP main camera with 120X zoom functionality. The smartphone comes equipped with a Sony IMX890+ sensor with optical image stabilisation. The smartphone also house a Periscope Portrait camera. The periscope zoom camera in question utilizes a 64MP OmniVision OV64B sensor with a substantial 1/2-inch dimension. Realme emphasizes that, when compared to the 3x zoom camera in the iPhone 15 Pro (12MP) and the Samsung Galaxy S23 Ultra (10MP), the Realme 12 Pro+'s sensor is significantly larger, exceeding 2.6 times in size. Consequently, this results in over 1.8 times the light intake.In simpler terms, mainstream flagship phones often do not prioritize telephoto cameras. The comparison images presented during the launch event were compelling, demonstrating Realme's ability to maintain an impressive level of detail even with significant cropping. However, a conclusive assessment will be provided based on our hands-on experience in the future.
Go Nisha Go game empowers 2,000 girls in Patna, Jaipur, and Delhi about menstrual health and more
This mobile game is empowering girls in India with knowledge that changes lives. Howard Delafield International (HDI), a woman-owned social impact firm, hosted an event in New Delhi on January 18 highlighting the impact of the award-winning mobile game Go Nisha Go. Developed with support from USAID, this innovative role-playing game aims to shape knowledge and behaviours among adolescent girls aged 15-19, empowering them to reach their full potential.Since its launch, Go Nisha Go has been downloaded over 300,000 times. Players take on the role of Nisha, the protagonist, and make important choices that significantly influence her life journey. Through Nisha, girls can explore critical topics like menstrual health, consent, contraception, pursuing an education, delaying early marriage, and gaining financial independence. The game provides credible information and advice from mentor figures to help guide the choices. Access to in-game resources combined with the ability to make decisions and see the outcomes has led to measurable impact, as shown by a randomised control trial conducted by Population Council Consulting. The study enlisted approximately 2000 girls in Patna, Jaipur, and Delhi – regions with high rates of early marriage and adolescent pregnancy which can disrupt a girl’s education and life prospects.The research revealed that girls who played Go Nisha Go demonstrated substantially improved knowledge compared to those who did not play the game. Players were at least twice as likely to have comprehensive awareness of modern contraceptives like condoms, birth control pills, and emergency contraception. Understanding of fertility and the menstrual cycle increased by 119%. Significant gains were also seen in knowledge of menstrual issues, timing of marriage, and contraception.Beyond expanding knowledge, the game also boosted self-efficacy and intent among players. Girls felt more confident in accessing health services and speaking to providers about their needs. They were more determined to pursue their education, delay marriage, and gain financial independence.
Google Pay, NPCI Sign MoU to Expand UPI Globally, Aim to Ease Digital Payments Abroad
Google Pay and National Payments Corporation of India (NPCI) will work together to expand Unified Payments Interface (UPI), the instant payments system widely used in the country, to international markets, Google and NPCI confirmed Wednesday. A Memorandum of Understanding (MoU) has been signed between Google Pay India and NPCI subsidiary, NPCI International Payments Ltd (NIPL), to bring the instant payment functionality to other countries. UPI has become a widespread mode of digital payment throughout India in recent years, with interoperability between payments apps like Google Pay, PhonePe, and Paytm. The value processed via UPI payments in 2023 stood at Rs. 167 lakh crores, according to Google.The MoU signed between Google Pay India and NIPL primarily seeks to ease digital payments abroad for travellers outside of India. The collaboration will also aid in establishing a UPI-style digital payments infrastructure in other countries, a press release for the announcement said. Additionally, Google and NPCI also aim to leverage the UPI infrastructure to ease the process of remittances between countries, thus simplifying cross-border financial exchanges. “UPI has demonstrated to the world the step change that happens in economies with the introduction of interoperable, population scale digital infrastructure and each economy that joins such networks will create impact beyond the sum of parts,” Deeksha Kaushal, director of partnerships at Google Pay India said.According to the press release, the initiative will also help bring Indian customers to foreign merchants, reducing the need for credit or forex cards and instead allow UPI apps like Google Pay for international digital payments. “This strategic partnership will not only simplify foreign transactions for Indian travellers but will also allow us to extend our knowledge and expertise of operating a successful digital payments ecosystem to other countries,” Ritesh Shukla, CEO of NPCI International Payments Limited, said. Last year, Google Pay introduced a UPI Lite feature on its platform that enables small-value digital payments with just one tap, without the need to enter the UPI PIN, as required in regular transactions. UPI Lite supports a maximum instant transaction of up to Rs. 200 at a time. Users can load their UPI Lite account with up to Rs. 2,000, twice a day.In August, the Reserve Bank of India (RBI) increased the UPI Lite transaction limit from Rs. 200 to Rs. 500. The overall wallet limit, however, was retained at Rs. 2,000 only. A month later, NPCI said that UPI transactions had crossed the 10-billion mark in August. According to the NPCI data, number of UPI transactions stood at 10.24 billion on August 30. In value terms, the transactions amounted to Rs. 15,18,456.4 crore exchanging hands.
Apple Vision Pro to Support Several Streaming Services in the US; to Feature 3D Versions of Over 150 Movies
Apple Vision Pro is set to arrive next month and the Cupertino company has now revealed a list of streaming services that will be supported when its first mixed reality headset makes its debut in the US. Meanwhile, customers who want to watch content from other services can do so via Safari, according to Apple. The Vision Pro headset will allow wearers to watch both 2D and 3D movies and over 150 movies will be available on the headset when it is launched. The company has announced that the Apple Vision Pro will support several streaming services such as Amazon Prime Video, Crunchyroll, Discovery+, Disney+, ESPN, Fubo, IMAX, MLB, MUBI, Max, NBA, PGA Tour, Paramount+, Peacock, Pluto TV, Red Bull TV, TikTok, and Tubi. These platforms will allow users to download and stream TV shows and movies or watch sports content with their subscription. Streaming applications will also be able to take advantage of the immersive features offered by the Apple Vision Pro. Four 'environments' will be available on the headset — the El Capitan Theatre-inspired by Disney+ Theater, the Scare Floor from Monster's Inc, the cockpit of Luke Skywalker's landspeeder, and the view of downtown Manhattan from Marvel's Avengers Tower, according to the company.Meanwhile, the Apple Vision Pro will allow you to view movies in 2D and 3D with Spatial Audio — customers will have access to 150 3D movies including Avatar: The Way of Water, Dune, Spider-Man: Into the Spider-Verse, and The Super Mario Bros. Movie. Other 3D movies will also be available to rent or buy via the Apple TV app, according to the company.Scheduled to arrive in the US on February 2, the Apple Vision Pro is equipped with dual micro-OLED displays with a combined 23 million pixels. The headset is powered by the company's M2 chip for CPU, GPU, and NPU tasks, while another, new M2 based chip called R1 handles streaming to the display. Apple's headset is powered by an external battery pack that offers up to 2.5 hours of battery life.The device has an eye-watering $3,499 (roughly Rs. 2.9 lakh) price tag, while customers who wear spectacles will have to shell out more for Zeiss optical inserts. The company is yet to provide a timeline for the launch of the Apple Vision Pro in other markets — including India, but more information could be made available in the coming months.
“There Will Be Jobs”: Microsoft CEO Satya Nadella On How AI Will Change Workplace
Artificial Intelligence (AI) is considered to be one of the key developments of 2023 as tech honchos highlighted the positive impact of the technology across society. However, several C-suite executives, including OpenAI’s Sam Altman and Google CEO Sundar Pichai have hinted at job cuts, sugarcoating what’s to come.Microsoft CEO Satya Nadella has shared his take and just like his industry peers, he has also painted an optimistic picture, saying that there will be a reduction in jobs as we know but different types of jobs will be created that will require new sets of skills. “There will be jobs, the question is the shape of these jobs. If anything, these tools can be very helpful with getting us the skills for what is the new set of tasks,”Artificial Intelligence (AI) is considered to be one of the key developments of 2023 as tech honchos highlighted the positive impact of the technology across society. However, several C-suite executives, including OpenAI’s Sam Altman and Google CEO Sundar Pichai have hinted at job cuts, sugarcoating what’s to come. Microsoft CEO Satya Nadella has shared his take and just like his industry peers, he has also painted an optimistic picture, saying that there will be a reduction in jobs as we know but different types of jobs will be created that will require new sets of skills.“There will be jobs, the question is the shape of these jobs. If anything, these tools can be very helpful with getting us the skills for what is the new set of tasks,” he said at London’s Chatham House, a day before heading to Davos for the World Economic Forum.“Everyone can become an expert in anything because they have an AI assistant,” he added.His comments came soon after the International Monetary Fund (IMF) said that AI is set to affect nearly 40% of all jobs, with IMF’s managing director Kristalina Georgieva adding that “in most scenarios, AI will likely worsen overall inequality”. Nadella on use cases of AINadella also said that generative AI products like ChatGPT should be welcomed as they disrupt how people get access to information.“Let’s face it, there’s a real aggregation power in a few places, right? Search is one. News feeds is another. Both of these things could be up for disruption,” Nadella said, adding that as a result, journalists and publishers “should welcome” generative AI, as per a report by Politico.Recently, The New York Times filed a lawsuit against both OpenAI and Microsoft accusing the companies of copyright infringement. It said that the outlet’s journalistic content was used to train models underlying the ChatGPT AI chatbot.
Dakar 2024 Result: Harith Noah Wins in Rally 2 Class, Hero MotoSports Makes History
The 2024 Dakar Rally was a great event that came to a close. After years of KTM domination, Honda finally won the Dakar Rally, with Hero MotorSports finishing in second place, just behind the KTMs. It is worth mentioning that Harith Noah won the Rally 2 class, which was a significant milestone for India in the Dakar Rally.The short 175km special stage of the day was all KTM, as the brand was on full display with a 1-2 podium finish. Toby Price won the stage, with defending champion Kevin Benavides in hot pursuit. But the overall winners were decided over the previous days, and Honda's Ricky Brabec was in the lead from the start. For a short time, Hero's Ross Branch was the race leader. After Benevides and Price of KTM crossed the finish line first and second, Adrien Van Beveren of KTM took third.As the only manufacturer entered in the Rally 2 class of this year's Dakar Rally, Harith Noah—supported by TVS—and Sherco were the only competitors to stand out. After finishing the most recent stage in eleventh place, the Indian rider won the Rally 2 class overall. Even in the overall standings, Noah's performance was remarkable. He finished the 2024 Dakar Rally in eleventh place, making history as the first Indian to ever win a stage, finish on the podium, and finish in the top fifteen.Noah showed resiliency by overcoming health issues in the first week and then picked up steam in the second week of the competition. His incredible jump from 18th to 13th place overall over the 48H Chrono Stage 6 is worth noting. Stage 8 and Stage 10, in which he twice set the fastest rally, were particularly impressive for his sustained growth.It's important to remember that RallyGP and Rally 2 are two separate classes. Only highly experienced racers who have been accepted by the FIM Championship Committee based on their sports credentials are allowed to compete in the RallyGP class. Rally 2 offers a more welcoming environment for riders from various backgrounds since it is available to anyone who isn't already in the RallyGP riders' registration.Despite finishing ten minutes and fifty-three seconds behind winner Ricky Brabec, Hero MotoSports' Ross Branch managed an outstanding second-place finish in the 2024 Dakar Rally. Hero MotoSports has achieved a remarkable feat, becoming the first Indian team to secure a podium place in the esteemed race.By the end of the sixth stage of the 2024 Dakar Rally, three of Hero's four riders had pulled out due to the extreme difficulties they had encountered. Ross Branch was the sole Hero MotoSports competitor in Dakar 2024, despite the team's other three riders withdrawing: Joaquim Rodrigues, Sebastian Buhler, and Joan Barreda Bort. Nevertheless, he quickly established himself as a strong candidate for the ultimate win.Branch won the first stage of the rally and remained in first place until the fifth stage. He showed his skill by finishing second in Stage 11 with the fastest time and then followed Honda's Ricky Brabec closely in the following stages.Ross Branch said: “Finally finished the Dakar!! It was a really tough Dakar 2024, and I'm so thrilled to be here! Finishing on the podium was always the goal, and today it's a dream come true. I'm really over the moon to achieve this goal for Hero. And a big thank you to the team for developing a highly competitive machine, for the sleepless 3 weeks here, and for everything they've sacrificed to reach to this point. I'm really proud of my team. We've got some more work to do to be on the next step, so we'll look forward to that in the next year. A big thank you to everyone for your continued support from all around the world!”With a ninth-place finish in the last 174-kilometre stage near Yanbu, the South African rider solidified his position as second overall. This incredible feat not only marks Branch's first podium finish at the Dakar, but it also marks the first podium for an Indian team in the history of the race.
Hyundai Motor India Acquires GMs Talegaon Plant; to Invest Rs 6,000 Crore in Maharashtra
Hyundai Motor India Ltd. (HMIL), has acquired the Talegaon factory of General Motors India, located in Pune, Maharashtra. Following the fulfillment of specific requirements and obtainment regulatory clearance from the relevant government departments and stakeholders, the acquisition has been completed. Hyundai Motor India has also inked a formal Memorandum of Understanding (MoU) with the Maharashtra government. With this, it has pledged to spend Rs 6,000 crore in the state. At the moment, the Talegaon factory produces 1,30,000 units per year. To reach its targets, the automaker plans to increase production capacity even further. HMIL states that the facility will be updated to meet the company's global manufacturing and operational needs. To achieve production excellence, investments will be undertaken in stages to gradually update the plant's existing infrastructure and equipment.Mr. Un Soo Kim, MD & CEO, of Hyundai Motor India Ltd., shared his thoughts on the acquisition and commented ''India is a very important market for Hyundai Motor Company, and we are committed to providing benchmark creating products & technologies to Indian customers. As we look forward to the next decade of progress for Hyundai Motor India, it is critical for us to augment our manufacturing capacity in India.''He further added ''The Talegaon manufacturing plant will play the role of a catalyst in achieving HMIL’s 1 million annual production capacity milestone. The acquisition of the Talegaon plant reinforces our commitment to ‘Atmanirbhar Bharat’ (Self-Reliant India), by making India a hub for advanced smart mobility solutions, Make-In-India for the world. Our manufacturing operations are scheduled to begin in Talegaon, Maharashtra in the year 2025.”With a starting price of Rs 10.99 lakh (ex-showroom), Hyundai launched the eagerly awaited Creta Facelift in India on January 16. Along with many interior upgrades and a new engine option, the facelift gives the car a more robust exterior look. Over 70 safety features—36 of which are standard—are included in the recently redesigned Creta. TPMS, electronic stability control, an all-wheel disc brake system, and six airbags are a few of them. The highest-spec versions come with 19 Level 2 ADAS features (Hyundai SmartSense).The 1.5-litre naturally aspirated (NA) and 1.5-litre CRDi diesel engine options for the SUV remain the same. However, a new 1.5-litre turbocharged GDi petrol engine is now offered as an option in this lineup. The new 1.5-litre turbocharged GDi petrol unit delivers 158bhp and 253Nm of performance numbers.
Volvo’s 10,000th car in India is its first pure electric offering
Volvo Car India has achieved a significant milestone by producing its ten thousandth car at its Bangalore facility. The company, which began assembly operations in 2017, has seen the highest production of the XC60 model, with over 4000 units produced to date.Jyoti Malhotra, Managing Director of Volvo Car India, in a company statement, revealed that the honour of being the ten thousandth car produced goes to the XC40 Recharge, the company's first pure electric offering.Malhotra said, "It is indeed a matter of pride for the company to have reached this milestone in a short span of time in spite of nearly three years of pandemic disruptions."Gao Feng, Production Head of Volvo Car India, highlighted the plant's achievement of rolling out India's first domestically assembled electric vehicle (EV), the XC40 Recharge. Today, the company assembles all its models in India, including the XC90, XC60, S90, XC40 Recharge, and the recently launched C40 Recharge.Meanwhile, Volvo Car India announced a 2% price increase for its conventional engine vehicles on Monday, while the prices of its EV offerings remain unchanged.Following the price hike, the XC60 is priced at ₹68.9 lakh, the S90 at ₹68.25 lakh, and the XC90 at ₹1,00,89,000.However, the prices of the XC40 Recharge and C40 Recharge remain unchanged at ₹57.9 lakh and ₹62.95 lakh, respectively.
Hyundai introduces ‘IONIQ 5 N NPX1’ concept with N Performance Parts
Hyundai Motor Company has unveiled the ‘IONIQ 5 N NPX1’, a concept model equipped with prototype N Performance Parts, at the Tokyo Auto Salon 2024. The ‘NPX1’ is the first N Performance Parts concept model based on the company’s high-performance electric vehicle (EV) IONIQ 5 N. The company plans to enhance the EV ownership experience with N Performance Parts, a project that began in 2019 and continues to develop high-quality tuning parts for customers. Following the success of internal combustion engine vehicles such as the Elantra N, i30 N, and i20 N, Hyundai N plans to offer specialised tuning components for all-electric N models, including the IONIQ 5 N.The ‘NPX1’ concept model previews a range of N-specific enhancements that will soon be available for purchase from a catalogue of N Performance Parts.These enhancements include a carbon front splitter, side skirts, rear diffuser, rear wing spoiler, lightweight hybrid carbon wheels, high-performance brake pads, and lowering springs. The concept model’s interior is further enhanced with Alcantara material and racing bucket seats.The prototype N Performance Parts applied to the NPX1 concept will be further developed for production in preparation for sales in 2024. Starting with the IONIQ 5 N, Hyundai N will expand the availability of N Performance Parts products for all N models.Joon Park, Vice President of N Brand Management Group at Hyundai, said, “In 2024, Hyundai Motor Company will take a step forward as a leader in new tuning parts suitable for the high-performance EV era as demonstrated with the ‘NPX1’ concept model.”He added that the company is also developing software customisation such as sound and vehicle calibration by over-the-air (OTA) updates, opening a completely new category of EV customisation for an exciting future for the tuning community.
Tata Punch facelift launch confirmed for 2025
The Tata Punch petrol will see a mid-life facelift sometime next year. Confirming this development on the sidelines of the Punch EV launch, Tata Motors’ Passenger Vehicles Unit MD, Shailesh Chandra, said, “As far as the upgrade of the Punch is concerned, you know that it was launched in October 2021. Typical facelift period is three years. So, we should be expecting a facelift for the ICE version only in mid-2025, or slightly later.” Just like what we’ve seen on the Nexon and Harrier facelifts recently, expect Tata Motors to update the Punch SUV’s styling with fresh design cues to bring it in line with the newer Tata models. Changes to the front bumper and grille, along with minor tweaks to the headlamps and the bonnet can be expected to make the small SUV look new.Like the Nexon and the Nexon EV facelift, there will be styling bits that will help differentiate the petrol-powered Punch from the recently launched Punch EV. What’s more, Chandra also said that the Punch will have feature differences between the petrol and EV versions.
Renault Bigster global debut later this year
The new Renault Bigster SUV will see a global debut later this year and is expected to go on sale internationally by early 2025. Revealed as a concept in 2021, it is essentially a three-row iteration of the all-new Duster, which made its global debut a few months ago. Sources have conveyed to our friends at Motor1 Brazil that the Bigster SUV will share its design cues largely with the new Duster and the Bigster concept. Essentially, it will be most likely an elongated version of the Duster, similar to what we see with the Creta and Alcazar in India. There will, however, be styling, tech and equipment differences on the inside and out. This new SUV from Renault will be around 4.6 metres long – nearly 0.3 metres longer than the new Duster, which measures 4.34 metres. It will get rugged looks and interior bits from the Duster, but there will be more upmarket materials and additional creature comforts to justify the SUV's higher price tag. The Duster currently has a 2,657mm wheelbase, which also could see an increment for the Bigster in order to facilitate easy ingress-egress and more cabin room. As far as the platform goes, the Bigster will share the same CMF-B modular architecture. There isn’t much known about its powertrain options, however, it will be safe to expect that the SUV will share its powertrain line-up with the latest-gen Duster, which comes with three engine options – two of which are electrified. Starting the proceedings is the 1.6-litre four-cylinder petrol hybrid that gets two electric motors; this engine comes with an automatic gearbox. It also comes with regenerative braking and a 1.2kWh battery, enabling purely electric driving for up to 80 percent of the time in the city.The next engine is the 130hp, 1.2-litre three-cylinder turbo-petrol coupled with a 48V starter motor. While the Duster will also come with a 1.0-litre petrol-LPG option in some markets, there is no diesel option in any market right now. The next engine is the 130hp, 1.2-litre three-cylinder turbo-petrol coupled with a 48V starter motor. While the Duster will also come with a 1.0-litre petrol-LPG option in some markets, there is no diesel option in any market right now.
Jawa Yezdi Motorcycles eyes ASEAN market for Jawa exports
The company has been exporting Jawa back to the Czech Republic-based JAWA Moto spol. S r.O. The successor to the original JAWA company using the trademark JAWA, which in turn sells the bikes mostly in Eastern Europe and the Czech Republic. Jawa Yezdi Motorcycles plans to start exports of Jawa brand of bikes in ASEAN countries in the next three to four months, a top company official said on Thursday. The company, which launched the new Jawa 350 priced at Rs 2,14,950 (ex-showroom Delhi), is also working to enhance its reach across India, especially in smaller cities targeting to open 750 outlets in the next 24 to 30 months, Jawa Yezdi Motorcycles CEO Ashish Singh Joshi told reporters in an interaction here. The company has been exporting Jawa back to the Czech Republic-based JAWA Moto spol. S r.O. The successor to the original JAWA company using the trademark JAWA, which in turn sells the bikes mostly in Eastern Europe and the Czech Republic. We also sell directly in Nepal and we have already opened operations in the Philippines, which will serve as the hub to sell in other ASEAN countries such as Malaysia, Vietnam and Thailand," Joshi said. This is likely to start in the next three to four months, he said.On export volumes, Joshi said it is not so large considering the company's focus has been on the Indian market.After making a comeback in India in 2018, the company has sold about 2 lakh units in total, out of which nearly 5,000 units have been exported.When asked about domestic plans, Joshi said Jawa Yezdi Motorcycles plans to bring in more models to add to the existing nine products in its stable at present without specifying details. Also, he said the company is on a network expansion journey to widen and deepen its presence across India. "We are looking to increase our outlets to 750 in the next 24 to 30 months from 423 at present," he said, adding that when the company started it was mainly in the metros and major cities.It has gradually entered smaller cities and towns and will continue to do so, while also increasing the number of outlets in cities where it already has a presence to deepen its presence, Joshi added.On the outlook, he said the company is looking at "double-digit" growth this year, having overcome the COVID-19 induced disruptions and supply chain issues."2024 is going to be the year of consolidation for us," he said, adding that the premium motorcycle segment in India has recovered while the entry-level motorcycle segment is also witnessing recovery.
Toto Wolff Extends Contract With Mercedes For 3 More Years
Mercedes F1 team principal Toto Wolff signs a new three-year contract, extending his leadership until the end of 2026. The deal involves Wolff, INEOS owner Jim Ratcliffe, and Mercedes-Benz CEO Ola Kallenius.The contract excludes performance clauses.Mercedes Formula 1 team principal Toto Wolff has inked a new three-year contract, securing his leadership until at least the end of 2026, according to an exclusive interview with The Daily Telegraph. The deal involves Wolff, INEOS owner Jim Ratcliffe, and Mercedes-Benz CEO Ola Kallenius. Remarkably, the contract excludes performance clauses, emphasising trust between the parties and Wolff's commitment to achieving success rather than relying on specific track outcomes.Wolff, who owns 33 per cent of the team, clarified, "I've never had a performance clause; you either trust each other or you don't." The new agreement arises amid speculation about Wolff's position due to Mercedes' recent struggles in comparison to Red Bull's consecutive title wins. Despite external pressures, the contract demonstrates mutual confidence and a desire to navigate challenges as a united front. The lack of performance clauses aligns with Wolff's emphasis on stability and a long-term perspective. He believes that the absence of such conditions reinforces the shared goal of achieving a strong return on investment, which, in the context of Formula 1, translates to winning races and championships. His commitment extends beyond the team principal role, encompassing responsibilities as a co-shareholder and a member of the board.Reflecting on the risks associated with his role, Wolff expressed a concern for "bore-out" rather than burnout, indicating a preference for overcoming challenges and embracing difficulties rather than stagnating in a dominant position. The Mercedes team principal remains driven by the prospect of re-establishing the team's dominance in Formula 1.Wolff's new contract is significant not only for its duration but also for the absence of conditional performance metrics. It reflects a collective decision by the stakeholders to persist in their current roles and address the challenges that come with a downturn in the team's performance. The deal positions Wolff as a key figure in Mercedes' efforts to reclaim its leading position in Formula 1 and underscores the importance of trust and collaboration among the team's principal shareholders.In the larger context, the contract signals a commitment to stability, allowing Mercedes to navigate a transitional phase in Formula 1 and work towards regaining competitiveness. While the team faces uncertainties regarding the performance of the new Mercedes W15 car, Wolff's enduring leadership provides continuity and stability during a critical period.As Wolff embarks on the next three years, the focus will be on steering Mercedes back to the summit of Formula 1, where it enjoyed a dominant position for much of the past decade.
