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News on Medial
Chic can be local, it must go global, too - The Economic Times
Economic Times
·
2m ago
Medial
The article discusses the potential appearance of Kolhapuri chappals on Prada's 2026 runway, sparking debates on cultural appropriation. It highlights the opportunity for India to transform its traditional crafts into high fashion through strategic marketing. To integrate into high-fashion distribution, collaborations between European labels and Indian artisans are necessary. This model can enhance the value chain, promoting Indian artistry in global markets while rethinking production, design, and distribution efficiencies within the fashion industry.
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TikTok unveils updated community guidelines; to come into force from September 13 - The Economic Times
Economic Times
·
18d ago
Medial
TikTok has updated its community guidelines effective September 13, focusing on stricter rules for commercial and AI-generated content. The platform aims to minimize commercial content's visibility in markets with TikTok Shop and requires disclosure through branded tools. Verified sellers can promote high-risk items, while live streamers must monitor third-party tools during sessions. TikTok extends personalization to search results and comments, tailoring them based on user interactions. AI-generated content must be clearly labeled to prevent misinformation.
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Indian space startups shouldn't copy ISRO: Ex-ISRO scientist Narayanan
Inshorts
·
1y ago
Medial
Former ISRO scientist Nambi Narayanan said he's not "too happy" with the work done by Indian space startups as they can produce better take-off platforms. "Our space startups are too focused on reinventing the wheel. They shouldn't be duplicating what ISRO is already doing," Narayanan said. He added that the startups must venture into areas where ISRO doesn't have expertise.
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Filed ITR will become invalid unless verified within 30 days from this date - The Economic Times
Economic Times
·
1m ago
Medial
Taxpayers must e-verify their Income Tax Return (ITR) within 30 days of filing to avoid penalties. E-verification can be done using methods like OTP on an Aadhaar-registered mobile, EVC via a bank or demat account, ATM, Net Banking, or DSC. Alternatively, taxpayers can send ITR-V to the Bengaluru processing center. Without verification, the ITR is considered invalid. The filing deadline for some has been extended to September 15, 2025.
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Infosys opens advanced AI, cybersecurity and spacetech centre in Hubballi in big boost to North Karnataka - The Economic Times
Economic Times
·
1m ago
Medial
Infosys has launched the Infosys Centre for Advanced AI, Cybersecurity, and Space Technology at its development centre in Hubballi, Karnataka, as part of its 'Infosys Living Labs' initiative. This establishes Hubballi as a significant tech hub for advanced digital solutions. The centre will serve global clients across industries like manufacturing and healthcare and aims to foster local talent through partnerships with local institutions. It also supports regional growth by offering local students employment opportunities.
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Data centre industry wary of proposed certification scheme - The Economic Times
Economic Times
·
1m ago
Medial
India's data centre industry is concerned about the government's proposed certification scheme, arguing it could create unnecessary compliance burdens and doesn't align with international standards. Nasscom suggests focusing on leveraging existing global certifications and addressing specific local needs. While some believe central policies could streamline state regulations, industry leaders warn against a uniform approach that fails to acknowledge the sector's diversity. The industry anticipates significant growth, aiming for a capacity surge by 2027.
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SpaceX expected to launch Starlink services in Vietnam from fourth quarter - The Economic Times
Economic Times
·
1m ago
Medial
SpaceX plans to launch its Starlink satellite internet services in Vietnam by the fourth quarter of 2025. The Vietnamese government has approved a trial period with no foreign ownership limit until 2030. To proceed, SpaceX must complete investment formalities and establish a local unit. The company is working with Vietnam’s Ministry of Finance and plans to set up a ground station. This development is part of SpaceX's broader strategy to expand its low-orbit satellite network globally.
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Fully home-grown tech must for cybersecurity, cannot depend on other sources: IT Secy - The Economic Times
Economic Times
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1m ago
Medial
India must develop fully home-grown cybersecurity technology, asserts IT Secretary S Krishnan, emphasizing the critical need for indigenous solutions amid global advancements in quantum computing, which pose risks to current encryption methods. At the release of a whitepaper on Quantum Cyber Readiness, he stressed the urgency for cyber awareness and the development of post-quantum cryptographic standards. With a National Quantum Mission in place and funds allocated, India is prioritizing self-reliance in cybersecurity.
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Global economy is fragile, handle with care - The Economic Times
Economic Times
·
2m ago
Medial
The global economy faces increased uncertainty from trade disruptions, declining productivity, and fragile public finances. As detailed by the Bank for International Settlements, addressing these issues requires comprehensive reforms, including boosting economic growth, managing public debt, and enhancing financial regulations. Policymakers must focus on maintaining stability, removing trade barriers, and reinforcing structural reforms to sustain economic resilience. Trust in central banks and consistent policy actions is essential for securing a stable and prosperous economic future.
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Apple earnings under pressure from tariffs, slow AI roll-out - The Economic Times
Economic Times
·
1m ago
Medial
Apple is facing challenges including U.S. tariffs, competition in China, and an AI market it has entered late. Despite expectations of a 4.2% revenue growth, investors are focused on how Apple will navigate potential liabilities in its global supply chain. To mitigate tariff impacts, Apple shifted iPhone production to India, boosting local smartphone production by 240%. Analysts expect Apple’s strategy to reduce tariffs' impact, while its cautious AI approach raises concerns amid rapid industry advancements.
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Business, government joining hands to tackle climate change a force for good
Money Control
·
11m ago
Medial
Climate change will greatly affect urban areas, and local governments must be prepared for an influx of people from rural areas. Extreme weather events have long been a concern, and while global and national bodies have made promises, it is non-profits and focused groups that are taking the lead in creating new policies. However, there appears to be a shift as businesses and investors are starting to recognize the importance of addressing climate change and not just focusing on profit.
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