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Showing posts from January, 2025

Budget, Economic Survey Highlights: Steady GDP growth, FDI rebound, and push for deregulation among key takeaway

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Budget, Economic Survey Highlights: Steady GDP growth, FDI rebound, and push for deregulation among key takeaway Union Finance Minister Nirmala Sitharaman presented the Economic Survey in Parliament on January 31, providing an in-depth assessment of India's economy with a focus on key macroeconomic sectors. The survey projects India's GDP growth for FY26 to be between 6.3% and 6.8%, despite global uncertainties. This report comes just a day before the Union Budget 2025 presentation. What is Economic Survey? The Economic Survey is a comprehensive report that reviews India's economic progress, government initiatives, and future prospects. It consists of two parts: Part A evaluates macroeconomic trends, fiscal performance, and key indicators, while Part B focuses on socio-economic aspects like education, poverty, climate change, and projections for GDP growth, inflation, and trade. Who prepares the Economic Survey? The Economic Survey is compiled by the Economic Division of th...

DeepSeek is not accessible in Italy.What are the reasons for banning the Chinese AI application?

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A major concern with DeepSeek's AI chatbot app is that user data is stored on servers located in China.If you're searching for DeepSeek's AI chatbot app on Apple's App Store or Google Play Store in Italy, you likely won't come across it. A report by TechCrunch reveals that the DeepSeek AI chatbot app, which operates on its proprietary AI models such as V3 and R1, has been taken down from app stores in Italy. The action was prompted by an inquiry by the country's privacy watchdog regarding the data collection and storage practices of the Chinese AI startup. image source google The Italian data protection authority has opened an investigation following the consumer group Euroconsumers' complaint against the handling of personal data by DeepSeek. According to reports, the company is being given nearly 20 days to respond. As for other European Union privacy regulators, they are saying that all companies have to adhere to the region's laws and regulations whe...