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IMF Projects Indian Economy To Grow At 6.6% In Financial Year 2025
The International Monetary Fund (IMF) has predicted that India will continue to be one of the fastest-growing 'emerging market and developing economies' in 2025-26, growing at a rate of 6.6%, according to the World Economic Outlook (WEO) report.
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Karnataka May Plan Budget Cuts To Raise Rs 70,000 Crore For Irrigation Scheme
Karnataka's Health, Education, and Urban Development departments may face a 10 per cent budget cut as Siddaramaiah's government tries to raise up to Rs 75,000 crore - spread over four years - for the Upper Krishna irrrigation project (Phase III).
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Delhi Approves Rs 53 Crore District Fund For Local Development Projects
The Delhi Cabinet on Monday approved two new schemes - the Integrated District Project Fund and the District Project Fund - with a combined allocation of Rs 53 crore aimed at facilitating small-scale development works across the city's 11 districts.
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Forza Motorsport Team 'No More', Romero Games 'Completely Closed' Following Microsoft Cuts
The latest round of cuts at Microsoft has impacted the Forza Motorsport team and reportedly led to Ireland-based Romero Games being closed. Microsoft slashed four percent of its total workforce last week and cancelled several projects in development at multiple Xbox-owned studios.
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The Cost Of Carbon Credits And How They Can Fight Climate Change
The European Commission has proposed an EU climate target for 2040 that allows countries to count carbon credits bought from developing nations towards the EU goal for the first time. The EU's climate targets need countries to cut emissions at home.
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Donald Trump's Foreign Aid Cut Risks Causing 14 Million Deaths: Study
More than 14 million of the world's most vulnerable people, a third of them small children, could die by 2030 because of the Trump administration's dismantling of US foreign aid, research projected on Tuesday.
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Outriders Developer People Can Fly Cancels Two Projects, Says Will 'Scale Down' Teams
People Can Fly, the Polish game developer behind games like Bulletstorm, Gears of War: Judgment and Outriders, has cancelled two unannounced projects and said it will downsize its teams. The studio cited disagreements with the publisher and insufficient funds to continue production as reasons behind the decision.
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'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
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TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative.
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Dogecoin Foundation Seeks Funding to Develop ‘Dogebox’: Details
Through Dogebox, the ecosystem developers wish to onboard the “first million grassroot retailers to accept Dogecoin” as a payment option. This project is part of the open-source work that the Dogecoin Foundation has been working on for a while now.
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US Government Commission Pushes Manhattan Project-Style AI Initiative
A US congressional commission has proposed a Manhattan Project-style initiative to fund the development of AI systems that will be as smart or smarter than humans. The Manhattan Project was a large-scale collaboration between the US government and the private sector during World War Two that produced the first atomic bombs.
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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DK Shivakumar Meets PM, Seeks More Funds For Bengaluru, Irrigation Projects
Karnataka Deputy Chief Minister D K Shivakumar on Wednesday met Prime Minister Narendra Modi in the national capital and sought more funds for development of Bengaluru and irrigation projects in the State.
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Centre Rejects MK Stalin's Charges, Shares Funding Details For Tamil Nadu: Report
The Centre has dismissed Tamil Nadu Chief Minister MK Stalin's allegations that it was withholding funds for development projects in the southern state.
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Anthropic to Fund Initiative to Develop New Third-Party AI Benchmarks to Assess AI Models
Anthropic announced a new initiative to develop new benchmarks to test the capabilities of advanced artificial intelligence (AI) models on Tuesday. The AI firm will be funding the project and has invited applications from interested entities. The company said that the existing benchmarks are not enough to fully test the capabilities and the impact ...
-
IMF Projects Indian Economy To Grow At 6.6% In Financial Year 2025
The International Monetary Fund (IMF) has predicted that India will continue to be one of the fastest-growing 'emerging market and developing economies' in 2025-26, growing at a rate of 6.6%, according to the World Economic Outlook (WEO) report.
-
Karnataka May Plan Budget Cuts To Raise Rs 70,000 Crore For Irrigation Scheme
Karnataka's Health, Education, and Urban Development departments may face a 10 per cent budget cut as Siddaramaiah's government tries to raise up to Rs 75,000 crore - spread over four years - for the Upper Krishna irrrigation project (Phase III).
-
Delhi Approves Rs 53 Crore District Fund For Local Development Projects
The Delhi Cabinet on Monday approved two new schemes - the Integrated District Project Fund and the District Project Fund - with a combined allocation of Rs 53 crore aimed at facilitating small-scale development works across the city's 11 districts.
-
Forza Motorsport Team 'No More', Romero Games 'Completely Closed' Following Microsoft Cuts
The latest round of cuts at Microsoft has impacted the Forza Motorsport team and reportedly led to Ireland-based Romero Games being closed. Microsoft slashed four percent of its total workforce last week and cancelled several projects in development at multiple Xbox-owned studios.
-
The Cost Of Carbon Credits And How They Can Fight Climate Change
The European Commission has proposed an EU climate target for 2040 that allows countries to count carbon credits bought from developing nations towards the EU goal for the first time. The EU's climate targets need countries to cut emissions at home.
-
Donald Trump's Foreign Aid Cut Risks Causing 14 Million Deaths: Study
More than 14 million of the world's most vulnerable people, a third of them small children, could die by 2030 because of the Trump administration's dismantling of US foreign aid, research projected on Tuesday.
-
Outriders Developer People Can Fly Cancels Two Projects, Says Will 'Scale Down' Teams
People Can Fly, the Polish game developer behind games like Bulletstorm, Gears of War: Judgment and Outriders, has cancelled two unannounced projects and said it will downsize its teams. The studio cited disagreements with the publisher and insufficient funds to continue production as reasons behind the decision.
-
'Pakistan Not Allowed To...': IMF Explains $2.3 Billion Bailout Payments
Amid questions by India over international agencies' aid funding to Pak after the Pahalgam terror attack, the IMF said Pakistan is not allowed to divert financial assistance provided to its central bank.
-
TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative.
-
Dogecoin Foundation Seeks Funding to Develop ‘Dogebox’: Details
Through Dogebox, the ecosystem developers wish to onboard the “first million grassroot retailers to accept Dogecoin” as a payment option. This project is part of the open-source work that the Dogecoin Foundation has been working on for a while now.
-
US Government Commission Pushes Manhattan Project-Style AI Initiative
A US congressional commission has proposed a Manhattan Project-style initiative to fund the development of AI systems that will be as smart or smarter than humans. The Manhattan Project was a large-scale collaboration between the US government and the private sector during World War Two that produced the first atomic bombs.
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
DK Shivakumar Meets PM, Seeks More Funds For Bengaluru, Irrigation Projects
Karnataka Deputy Chief Minister D K Shivakumar on Wednesday met Prime Minister Narendra Modi in the national capital and sought more funds for development of Bengaluru and irrigation projects in the State.
-
Centre Rejects MK Stalin's Charges, Shares Funding Details For Tamil Nadu: Report
The Centre has dismissed Tamil Nadu Chief Minister MK Stalin's allegations that it was withholding funds for development projects in the southern state.
-
Anthropic to Fund Initiative to Develop New Third-Party AI Benchmarks to Assess AI Models
Anthropic announced a new initiative to develop new benchmarks to test the capabilities of advanced artificial intelligence (AI) models on Tuesday. The AI firm will be funding the project and has invited applications from interested entities. The company said that the existing benchmarks are not enough to fully test the capabilities and the impact ...
