Asia leads as nanometer chips redefine semiconductor industry
IANS -
TSMC, the world's largest semiconductor foundry, has unveiled advancements in 2nm technology and new additions to its 3nm family. Its 2nm technology is slated for production in 2025. "The nanometer chip revolution is here to rewrite the rules of technology. Unleashing a power surge in the AI realm, 5nm chips, for instance, are redefining speed and efficiency across industries," said Kiran Raj, Practice Head of Disruptive Tech at GlobalData.
India on its way to become world's third largest economy: Niti Aayog CEO
IANS -
Prime Minister Narendra Modi, who chaired the meeting, also urged the all the stakeholders to grab the opportunities, adding that the aspiration of 'Viksit Bharat' is not the vision of an individual or a small group, but it is the vision of India that "we will have to conceive and fulfil".
Milk output projected to grow 6% annually, says Niti Aayog report
IANS -
This is the observation of a research paper, which was recently brought out by government's think tank Niti Aayog. It further noted that with per capita milk intake already above the recommended dietary allowance (RDA) and population growth falling below 1 per cent, the domestic milk demand in future is likely to grow at a lower rate.
Public Cloud services market in Asia-Pacific to reach $154 bn in 2026
IANS -
IDC expects the Asia/Pacific excluding Japan (APeJ) Public Cloud market will grow at a year-over-year (YoY) rate in 2022 at 25.9 per cent in comparison to 36.3 per cent in 2021, as cloud migration continues to accelerate. However, the YoY growth rates will slow down, beginning from 2023 with a YoY growth of 24.1 per cent, to 21.4 per cent in 2026.
Indian firms to generate 49% of revenue from digital infra by 2027: Report
IANS -
India is leading the Asia-Pacific region, with 97 per cent of businesses using or planning to use edge computing in business operations, according to the 'CIO Technology Playbook 2023' by global technology company Lenovo and chip-maker AMD. "With the rise of digital capabilities, businesses are leaning towards data-driven innovation to drive effective business decisions
B.V.R. Subrahmanyam to be new NITI Aayog CEO, Parmeswaran Iyer moves to World Bank
IANS -
Iyer has been appointed as Executive Director of World Bank at the institution's headquarters in Washington DC for a period of three years, from the date of assumption of charge of the post or until further orders, whichever is earlier. His World Bank appointment was cleared by the Appointments Committee of Cabinet according to an order issued on Monday.
Rural commerce tech platform VilCart raises $18 mn in funding winter
IANS -
Nabventures Fund and Texterity Private Limited also participated in the round. "VilCart aims to bridge the gap between rural consumers and to the manufacturers/primary market by building a strong network. With the new investment, we aim to scale our operations to the entire South India," said Prasanna Kumar, Founder, VilCart.
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