Daily Current Affairs / HDFC Mutual Fund launches India's first defence fund
Category : Business and economics Published on: May 19 2023
Rashtriya Raksha University has collaborated with Starburst Aerospace and established a €100 million fund to enhance innovation in aerospace and defence.
Read More....India maintained its position as the fourth largest military spender globally in 2023, with a military expenditure of $83.6 billion, representing a 4.2% increase from 2022, as per the SIPRI report.
Read More....Microsoft has introduced Phi-3-mini, a lightweight artificial intelligence model, aiming to broaden its client base with cost-effective options, marking the first release of three small language models by the company.
Read More....Razorpay has introduced its UPI infrastructure, UPI Switch, in collaboration with Airtel Payments Bank, marking a cloud-based innovation.
Read More....DRDO has introduced India's lightest bulletproof jacket, designed to offer protection against the highest level of threats.
Read More....Ramdev and Balkrishna, co-founders of Patanjali Ayurved Limited, issued a new public apology in newspapers after the Supreme Court questioned the visibility of their previous apology in the Patanjali ads case.
Read More....Perplexity AI, an AI search engine firm, secured $62.7 million in funding, marking a venture into the enterprise market with a valuation of $1.04 billion.
Read More....Leaders of 10 multilateral development banks have announced joint steps to enhance collaboration and amplify their impact in addressing urgent development challenges.
Read More....C-DOT and IIT Jodhpur have signed an agreement to develop AI frameworks for automated network management in 5G and beyond.
Read More....Kate Middleton, in recognition of her expanding role within the royal family, has been bestowed with the title of Princess of Wales by King Charles.
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