Posts

Showing posts from June, 2021

Artificial Intelligence and technology in manufacturing is evolution, not revolution

Image
Artificial Intelligence and technology in manufacturing is evolution, not revolution By Kishore Jayaraman The economic resurrection roadmap for India laid out by the Finance Minister recently, reinforced the Prime Minister’s vision for a self-reliant India. As we envision the country’s overall recovery, there is a need to focus on technology-driven systems that will be a key pillar to building a future-ready India. For a self-reliant India, a robust local manufacturing sector can act as a strong lever for economic growth. To build a sustainable local manufacturing base significant investment in disruptive technologies including artificial intelligence (AI) enabled machine learning, will be key to bringing down labour costs, reduce product defects, shorten unplanned downtimes, improve transition times and increase production speed. AI can be used to effectively gather data and insights across manufacturing operations from design to delivery, including predictive problem solving by ident...

Bitcoin is legal in India

Image
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan to offer users now that the banking ban has been removed. Supreme Court Verdict on Cryptocurrency After almost two years, the Indian crypto community finally won the battle against the Reserve Bank of India (RBI), and crypto enthusiasts are celebrating worldwide. The Supreme Court of India passed judgment on Wednesday striking down the central bank’s April 2018 circular which bans regulated financial institutions from providing services to crypto businesses. The court held that the RBI circular is unconstitutional, as news.Bitcoin.com reported. "Following the judgment, the National ...