DRDO, TIFR test 6-qubit quantum processor: What it means for India’s quantum future

NEW DELHI: In a significant breakthrough for India’s quantum technology aspiration, scientists from the DRDO Young Scientists Laboratory for Quantum Technologies (DYSL-QT) in Pune and the Tata Institute of Fundamental Research (TIFR) in Mumbai have successfully completed end-to-end testing of a 6-qubit quantum processor. This achievement marks a crucial step forward in the country’s quantum […]

Rs 81 lakh crore worth transactions processed by UPI in April-July

New Delhi: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments hub Paysecure, UPI processed 3,729.1 transactions per second — a 58 per cent […]

Outreach program promotes jewellery export business in Kashmir

Merchant traders educated about entering jewellery export business; industry experts, govt officials share insights SRINAGAR: The Kashmir Chamber of Commerce & Industry (KCCI), in collaboration with the Gem and Jewellery Export Promotion Council (GJEPC) North Region, Directorate General of Foreign Trade (DGFT), and ECGC, organized an outreach programme on August 29, 2024, in Srinagar. The […]

India ranks among top countries in terms of key technologies: Report

NEW DELHI: India has ranked among the top five countries in 45 out of 64 critical technologies in 2023, up from 37 a year before. As per the Critical Technology Tracker report by the Australian Strategic Policy Institute, India has secured the second position in seven technologies. In 2023, India also overtook the US to […]

Moody’s ups India’s GDP growth forecast to 7.2 pc for 2024

NEW DELHI: New York-based Moody’s Ratings on Thursday raised its forecast for India’s GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy. “Household consumption is poised to grow as headline inflation eases toward the RBI’s […]