Fiscal Deficts of Central Government down to 5.6% from 6.4% in the FY 2023-24 #Economy

🤖 🇮🇳 IndiaAI makes it possible for Intel, AMD to take on Nvidia

GPUs will be procured through tenders, not direct contract.

Global players like Intel and AMD will have a level playing field with Nvidia for supplying graphics processing units (GPU) for setting up compute infrastructure in the country under the Rs 10,372 crore AI mission.

This is because the ministry of electronics and information technology (MeitY) will follow the tender route to procure the GPUs instead of any direct engagement with Nvidia, official sources said.

US-based Nvidia, currently dominates the GPU market with about 80% share.

The AI mission basically pertains to bringing AI compute capacity under the public-private partnership (PPP) mode through GPU-based servers, allocating early-stage funding to deeptech startups, setting up of innovation centres and developing broader AI sovereign infrastructure in the country.

#Semiconductor #MakeInIndia #AI

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#Meme of the day

Number of Chess♟️ GM from each state.

#Sports

PM Modi urges Voters of Phase 7 to vote to exercise their franchise for a more vibrant & participative Democracy #LS2024 #GE2024

🇵🇰 Pakistani government has admitted before the Islamabad High Court that Pakistan Occupied Kashmir (#PoK) is a foreign territory.

Pakistan Additional Attorney General told the court that Kashmiri poet and journalist Ahmed Farhad Shah is under police custody in PoK and he cannot be produced before the Islamabad High Court as PoK is in a foreign land that does not come under Pakistan's jurisdiction.

#Geopolitics #IndianSubcontinent

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#Meme of the day

Google accidentally leaked their search ranking algorithm by pushing to GitHub

#Offtopic #Cyber

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👩‍🚀 ISRO and Wipro 3D partner for space exploration with 3D-printed rocket engine 🚀

This groundbreaking achievement marks a paradigm shift in space manufacturing, ushering in the era of additive manufacturing for space exploration.

#ISRO #Space

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Between Exit Polls update :

💸 Gautam Adani becomes the richest Indian.

Gautam Adani has overtaken Mukesh Ambani to become the richest Indian once again. Following a surge in Adani Group stocks on Friday, Adani's total net worth stands at $111 billion, whereas that of Reliance Industries Chairman is $109 billion.

#Economy

India has voted!

A heartfelt thank you to all those who exercised their franchise. Their active participation is the cornerstone of our democracy. Their commitment and dedication ensures that the democratic spirit thrives in our nation.

I would also like to specially appreciate India’s Nari Shakti and Yuva Shakti. Their strong presence at the polls is a very encouraging sign - PM Modi

7 Phase General Elections Concludes, Counting on 4th June!
#LS2024 #GE2024

I Election Commission for their exemplary efforts in ensuring a smooth and fair electoral process. Their dedication and meticulous planning have been crucial in upholding the integrity of our democracy, allowing citizens across the nation to vote with confidence and security. Our electoral process is something every believer in democratic values takes inspiration from - PM Modi

Election Commission of India has successfully conducted the largest Election on Earth #LS2024 #GE2024

Election Commission orders Central Forces to stay back in West Bengal and Andhra Pradesh for 15 days post counting of Votes.

Central Forces to stay for 2 days after counting of votes in Odisha, Arunachal Pradesh and Sikkim where Assembly Elections were held alongside with Lok Sabha elections. UP included in this list

#LS2024 #GE2024