Prime Minister Narendra Modi will interact with young innovators at the grand finale of Smart India Hackathon - 2024 via videoconferencing on Wednesday, his office said. The seventh Smart India Hackathon will run concurrently at 51 centres nationwide, a statement issued by the Prime Minister's Office said. Modi will interact with the young innovators at the grand finale via videoconferencing around 4:30 pm on Wednesday. More than 1,300 student teams will participate in the grand finale and the prime minister will also address the gathering. The Software Edition will run nonstop for 36 hours while the Hardware Edition will run from Wednesday to Sunday. Like past editions, the student teams will work on either the problem statements given by ministries, departments or industries or submit their own ideas in the Student Innovation Category against any of the 17 themes linked to sectors of national importance. These sectors are -- health care, supply chain and logistics, smart ...
Chief Justice of India D Y Chandrachud on Friday announced the second hackathon of the Supreme Court, which will focus on use of artificial intelligence (AI) to streamline the functioning of the top court. At the outset of the day's proceedings, the CJI said AI will be used to streamline the functioning of the apex court's Registry to deal with issues like removal of defects (in petitions) and formatting and sorting of the judicial records". The hackathon of the top court, which is being organised in the 75th year of the Supreme Court's establishment, will be held in association with the Centre's MyGov' application, Justice Chandrachud said. "This time the hackathon will focus on use of AI to streamline the functioning of the Registry (of the SC) for things like removal of defects and formatting and sorting of petitions. So we are completely moving to an AI-based model. I request all the innovative young minds to please participate... Last date to submit is August 31 and the ...
The Reserve Bank on India on Friday hiked the threshold for bulk fixed deposits to Rs 3 crore from existing Rs 2 crore. Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management exercise. Now single rupee term deposits of up to Rs 2 crore with Scheduled Commercial Banks (excluding Regional Rural Banks) and Small Finance Banks will be part of retail fixed deposits. On a review of the bulk deposit limit, it is proposed to revise the definition of bulk deposits as 'Single Rupee term deposit of Rs 3 crore and above' for SCBs (excluding RRBs) and SFBs, RBI Governor Shaktikanta Das said while announcing the bi-monthly policy on Friday. Further, it is also proposed to define the bulk deposit limit for Local Area Banks as Single Rupee term deposits of Rs 1 crore and above', as applicable in case of RRBs. To promote ease of doing business, RBI has proposed to rationalise guidelines for export and im
Hundred winners of the hackathon will share a total prize pool of Rs one crore, and the unique opportunity to scale and implement their 5G products/solutions
The Reserve Bank on Tuesday announced its second global hackathon -- 'HARBINGER 2023 - Innovation for Transformation' with the theme 'Inclusive Digital Services'. Fintechs have been invited to develop solutions that have the potential to make digital financial services accessible to the differently-abled, facilitate efficient compliance, extend the reach of Central Bank Digital Currencies and enhance the scalability of blockchains. "Being part of HARBINGER 2023 gives an opportunity to the participants to get mentored by industry experts and exhibit their innovative solutions before an eminent jury and win exciting prizes in each category," the RBI said. Registration for the hackathon starts from February 22, 2023. The RBI has invited innovative ideas in four segments. 'Innovative, easy-to-use, digital banking services for differently-abled (Divyaang); RegTech solutions to facilitate more efficient compliance by Regulated Entities (REs)'; Exploring use cases/solutions for CBDC-Reta
RISE, in Collaboration with ThriveDX, Hosts the Largest Cybersecurity Hackathon in India with Over 22,000 Participants
The hackathon is inviting innovative ideas in the payment and settlement system, registration for which can be done till November 15
The India Meteorological Department (IMD) has issued a yellow alert for 10 districts in Kerala for the next four days. Stay tuned for the latest news of the day
Understanding the problem and its solution is the key, reports Tech in Asia