Data

Indian Institute of Corporate Affairs (IICA) will provide access to the independent director database to six executive search firms, a move that will further help in finding the qualified independent directors for companies. The institute is maintaining the Independent Director Databank (IDDB), mandated under the companies law. The databank is a repository of details of professionals eligible to serve as independent directors. Memoranda of Understanding (MoUs) were signed by the institute with six entities -- Korn Ferry, ABC Consultants, EMA Partners, DHR Global, Sheffield Hawroth and Vahura -- on Friday in the national capital. The database has information of around 32,000 independent directors. "Collaboration with search firms of this stature will help ensure the companies have access to skilled professionals, aligned with the evolving requirements of corporate governance," IICA Director General and Chief Executive Officer Ajay Bhushan Prasad Pandey said. IICA's Head of School o

To ensure data accuracy, key infrastructure ministries have finalised standard operating procedures (SOPs) for a three-tier system

The report for 2022-23 shows that only 4,413 specialist doctors, against the 21,964 needed in rural CHCs for March 2023, were available, indicating a shortfall of 17,551, or 79.9%

It is important for policymakers in a rapidly changing economy to have timely and accurate data for making effective policy interventions

IIT/IIM grad Nitin Seth's book offers a systematic process to harness wisdom in the deluge of data in our data-first world

The average speed of Vande Bharat trains has decreased from 84.48 kmph in 2020-21 to 76.25 kmph in 2023-24, the railway ministry said in a response to an RTI query. Railway officials said not only Vande Bharats but many other trains are also maintaining cautionary speed at places were "huge infrastructural work" is underway. "Besides this, some Vande Bharat trains have been launched in difficult terrain areas where there are speed restrictions due to geographical reasons or extreme weather conditions," a railway official said. Citing the example of the Vande Bharat train between Mumbai CSMT and Madgaon, an official of the Central Railway Zone said, "Most of the Konkan railway area is 'ghat' section where trains pass through low height mountain ranges. It is a difficult terrain area where increasing speed could compromise safety." "Things become very challenging during the monsoon season when we have to keep the maximum speed for all trains at 75 kmph," he added. The RTI applicant

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said

Lucas Salter, GM - Asia Pacific and Japan, Data Protection Solutions at Dell Technologies discusses cybersecurity, data laws, and evolving threats

The RBI has been persistently selling dollars in order to protect the rupee from depreciating further

Telecom regulator Trai on Friday issued a supplementary consultation paper to seek stakeholders' views on provision of licence and spectrum allocation methods for data communication between aircraft and ground stations. The Telecom Regulatory Authority of India (Trai) has floated a consultation paper on "Data Communication Services between Aircraft and Ground Stations for services provided by organisations other than Airport Authority of India". However, after detailed consultation, it could not get inputs on certain aspects, such as those related to service licence for provision of data communication services between aircraft and ground stations, methodology for spectrum assignment and spectrum charging mechanism, Trai said in the paper. "Accordingly, the authority has decided to issue this supplementary consultation paper to seek inputs from stakeholders on such aspects. "In this regard, a supplementary consultation paper on 'Data Communication Services Between Aircraft and Groun

Govt's indifference isn't helping matters

Statistics play an important role in informed policy-making, according to Union Minister Rao Inderjit Singh. The Minister of Statistics and Programme Implementation made the remarks at the 17th Statistics Day in the national capital on Thursday. "This day provides us an opportunity to recognise the importance of statistics as evidence for informed policy-making and the role played by the Ministry of Statistics and Programme Implementation (MoSPI) in strengthening the statistical capability of India," he said. The significance of quality and timely data for facilitating evidence-based decision-making needs to be emphasised. This is also valid for the availability of data in the context of monitoring the progress of sustainable development goals, he said. Further, Singh expressed hope that MoSPI in collaboration with all the stakeholders will continue to work towards facilitating data-driven policy-making and also taking the lead in statistical research and development activities in

As connected cars become mainstream globally, Toyota has issued an apology after it discovered that millions of customers' partial data was made public due to misconfiguration of the Cloud environment

Non-banking finance company TVS Credit Services Ltd would emphasize on enhancing customer experience, leveraging data and technology, a top official has said. The company has reported 76 per cent rise in its net profit for the quarter ending March 31, 2023 at Rs 111 crore. For the year ending March 31, 2023 the net profit grew by 221 per cent to Rs 389 crore as compared to last year. "We are closing FY23 on a strong note, with significant growth witnessed in disbursements across the products." company CEO Ashish Sapra said. "With an expanding customer base of over one crore, our emphasis will remain on enhancing the customer experience, leveraging data and technology," he said. The company had registered total income for the quarter ending March 31, 2023 at Rs 1,236 crore while for the year it was at Rs 4,160 crore. Assets Under Management as of March 31,2023 was Rs 20,602 crore, registering a 48 per cent rise over last year. In a statement, TVS Credit said it continued to maint

The demand for experts who ensure that AI models are free of bias is exploding

An official statement said digitalisation of international trade could be an effective solution towards achieving cost reduction in trade and trade finance

Chinese officials have in recent years emphasised the need to strengthen their control over the valuable data generated by swaths of the economy, including its internet industry

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What is low base effect?

India's GDP growth fell in the negative zone in 2020. The next year, growth numbers threw a surprise. The sudden jump in GDP growth was due to the previous year's low base. Let's know more about it