Indians who use technology feel much younger

Agencies
September 13, 2019

Technology is making the Indians feel much younger, healthier and more emotionally connected, with 91 percent respondents believing that smart devices, such as computers and smart displays are having a positive impact on the ability to improve their overall health, a study said on Thursday.

The study conducted by Chinese technology giant Lenovo, shows a growing relationship between technological innovation and wellbeing.

"In India, we are seeing increasing adoption of AI-enabled smart home devices ushering in a new era of smart living. We have recently introduced our smart home portfolio with the launch of innovative products like Smart Clock and Smart Display with Google Assistant," said Rahul Agarwal, CEO & MD, Lenovo India.

"It's a huge step forward for Lenovo in India as it marks our foray into the IoT and new age devices," he added.

The research, which surveyed over 15,000 individuals from around the globe, including the US, Mexico, Brazil, China, India, Japan, UK, Germany, France and Italy, found that 40 per cent of global respondents feel "a lot" or "somewhat" more youthful thanks to technology.

The survey probed respondents on how they view the role of technology in their lives and in society, both today and in the future.

In India, where most of the workforce stays away from family and close relatives, 85 per cent respondents feel that technology is improving their ability to stay in touch with family and friends who live far away, as compared to 75 per cent global respondents.

The study also found that 66 per cent of the Indian respondents said technology made them feel more youthful.

Similarly, 81 per cent of respondents in India agreed that smart devices, such as computers and smart home devices like smart displays and smart clocks, are making them more productive and efficient.

The research generally revealed that many older generations think using technology helps them to connect better with younger people as well as feel livelier and more knowledgeable.

It is also helping to build connections between generations, especially those who might have once felt disconnected from tech-savvy youngsters.

While 67 per cent of the global respondents believe that technology has a positive impact on the ability to improve their overall health, in India, as high as 91 per cent of the respondents feel technology has had a positive impact, helping them live a healthier lifestyle, the study said.

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News Network
June 30,2020

Bengaluru, Jun 30: Karnataka Chief Minister BS Yediyurappa on Monday launched 'Skill Connect Forum' and said that the government is committed to provide impetuous to creating jobs by reviving economic and industrial activities.

The 'Skill Connect Forum' portal connects both private entrepreneurs and job seekers on the same platform.

After launching the forum, the Chief Minister said that the portal provides information on jobs available and who needs a job. "Under this forum, an unemployed will be imparted skills and then enabled to get a job," Yediyurappa said.
Besides providing jobs via registration, the portal also provides a skilled pool of people for those looking to hire, he added.

Deputy Chief Minister Dr CN Ashwath Narayan, who is also the Skill Development Minister said that portal will be a boon to the youth seeking jobs and it will avoid unemployment issue to a great extent.

"All these years, there was no information and communication between job seekers and recruiters. The portal will solve that problem," he said.

Narayan said that there was no proper information on skilled workers and job market. Moreover, skill development was not in sync with the market. All these issues have been addressed by the portal, he added.

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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News Network
July 9,2020

U.S. electric vehicle maker Tesla Inc is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc Waymo and Uber Technologies are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.

The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.

Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp.

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