The Jebel Ali Free Zone in Dubai has seen one of the biggest deals signed for commercial property in recent times, with Indian firm CARS24 leasing one million square feet facility
AI for Every Nepali: Jobs, Prosperity and Nepal’s Next Development Leap
Nepal does not need to become Silicon Valley. It does not need to copy India, China, Singapore or Canada. Nepal needs an AI strategy rooted in its own realities: young talent, hydropower potential, local problems, growing IT services, tourism, agriculture, small businesses and a global diaspora.
The Hidden Tax: Road Accidents Drain Over 3% of GDP From India and Sri Lanka Every Year; Generative AI Could Win it Back
The core data architecture — a national road safety data lake, AI-powered enforcement, multilingual public awareness — is replicable at any scale, in any South Asian language, in any South Asian urban or rural road environment. The technology does not need to be reinvented for Dhaka, Kathmandu or Karachi. It needs to be validated in Colombo and Delhi first.
Why the Global South Must Become AI Creators: Need to Take a More Leading Role in AI Governance and Economy
However, 118 countries, mostly developing ones, do not participate in international discussions on AI governance, according to UNCTAD. This means that billions of people may live within rules they were not involved in making.
AI's Hidden Appetite: Power, Cooling and the New Geography of Infrastructure
What we are witnessing today may only be the opening chapter. The next breakthroughs in AI may not emerge from software laboratories alone, but from nuclear reactors, cooling technologies, offshore infrastructure, advanced materials, and energy networks. The race to build intelligence has quietly become a race to master power and heat.
More on AI and Innovation
IMF likely to revive $6 billion bailout package to Pakistan soon; relief for country's economy
The International Monetary Fund (IMF) and the Pakistan government have reached a staff-level agreement for the revival of the $6 billion Extended Fund Facility (EFF) which has been stalled due to the pending review since April this year, the global lender said on Monday
India could gain from VC investment flows in edtech, fintech as China investment slows: KPMG report
Shifting regulations targeting specific sectors like edtech and fintech in China could drive venture capital investments in other parts of Asia and India would have a lot to gain going forward in the October to December (Q4) quarter of 2021, as VC investment is likely to remain slow in a number of sectors in China, UNI news agency said
ADB approves USD 150 million to fund 30,000 small enterprises in Bangladesh, 20 percent to women-led microbusinesses
The Asian Development Bank (ADB) has approved USD 150 million in loans to Bangladesh to finance the cottage, micro, and small-sized enterprises (CMSEs) operated by youth, returning migrant workers, and rural entrepreneurs, particularly women, who have been hit hard by the COVID 19 pandemic
Indian yoga guru ventures into media, to launch TV channels in Nepal
Indian yoga guru Baba Ramdev's Rs 10,000-crore FMCG is making its foray into media and two channels are to be launched Friday in the presence of Nepal Prime Minister Sher Bahadur Deuba and Indian Transport and Highways Minister Nitin Gadkari in Kathmandu
Australia hopes to tap projected USD 1 trillion India's digital economy through Bengaluru consulate
Australia is geared to tap the projected USD 1 trillion Bengaluru-centric India's digital economy by establishing a new Consulate General in Bengaluru, known as India's tech capital
IMF seeks tax hike and reforms before reviving Pakistan's $6 billion package
The International Monetary Fund (IMF) has sought an increase in taxes and other reforms from the Pakistan government before reviving its $6 billion bailout package for the country
India-Bhutan buyer-seller meet to build on bilateral business and trade
India’s ‘Neighbourhood First’ foreign policy is finding resonance in industry efforts to ramp up trade and bilateral relations with countries in India’s close proximity
Pakistan's preferential trade access in peril as EU asks Islamabad to work on human rights
Pakistan needs to do more on the rapid implementation of international human rights conventions, said a senior European Union official, if Islamabad wanted the continuation of its Generalized Status of Preference (GSP) Plus status, a system under which most Pakistani goods enjoy duty-free access to the EU market
Drones may soon be delivering food orders in Pakistan’s capital
If everything goes right, customers in Pakistan’s capital Islamabad may soon be getting their food orders via drones
Mukesh Ambani's Reliance arm acquires Sri Lankan brand
RRVL, the retail arm of Indian billionaire Mukesh Ambani, has acquired a 100% stake in the Sri Lankan brand amanté from MAS Holdings
Nepal allows the import of GM crops
Nepal has allowed the import of a few genetically modified crops, partially relaxing the complete ban put eight years ago, amid intense lobbying from the country’s poultry industry
India-US defence expo focuses on emerging domains, including space and artificial intelligence
Indian and US defence officials and business people have focused on partnering in space and artificial intelligence at a virtual expo as part of their diversified strategic defence cooperation
Higher GDP growth to hurt Pakistan's economy, says PM adviser
Gross domestic product growth of over six percent would hurt Pakistan’s economy, said Shaukat Tareen, a special adviser on finance to Pakistan’s Prime Minister Imran Khan
India comes to Nepal’s rescue, allows it to sell surplus power in Indian Energy Exchange
In what comes as a big relief to Nepal, India has permitted Nepal to sell its surplus electricity in the Indian Energy Exchange marketplace, a move that would help Nepal to avoid huge power wastage
