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  • Pensionable Age Cut: Will the age for additional pension for retired employees be reduced? know latest update


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    Pensionable Age Cut: The government has assured that the payment of additional pension is made automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    There has been a long standing demand to reduce the existing age limit for additional pension to retired central employees. However, the government has once again clarified its stand on this matter. The central government said that there is no plan to reduce the minimum age eligibility for additional pension to retired central employees.

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    There is no approval for reducing the minimum age limit for additional pension
    The central government has made it clear that the minimum age for additional pension will remain 80 years. In response to a question asked in the Lok Sabha, the government said that there was a proposal to increase this limit to 65 years, but it has not been approved.

    An MP asked whether the government was considering reducing the age limit to 65 years as recommended by the Parliamentary Standing Committee on Pensioners’ Grievances and, if so, sought details about it.

    In response to this question, Union Minister of State for Personnel Jitendra Singh said in the Lok Sabha that on the recommendation of the Sixth Pay Commission, the government has approved 20% additional pension at the age of 80 years, 30% at the age of 85 years, 40% at the age of 90 years, 50% at the age of 95 years and 100% at the age of 100 years.

    He said that as age increases, especially health-related needs also increase, so provision for additional pension has been made. But there is no plan to reduce the minimum age eligibility for additional pension.

    Will the rules on additional pension age change for central government employees?
    The Parliamentary Standing Committee had recommended giving additional pension from the age of 65 in 2021. The government considered it and also submitted its report in 2022. After this, the committee decided not to pursue the issue further. That is, at present the government has no plans to reduce the minimum age eligibility.

    How are central government pensioners paid?

    The government has assured that the payment of additional pension is done automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    How will the impact of rising inflation on pension be reduced?

    Dearness Relief (DR) is given to pensioners, which applies to both their basic pension and additional pension. Its rate is the same as that of Dearness Allowance (DA).

    Possibility of change in pensionable age in future?

    At present, the government does not intend to make any changes in this rule. But in view of the rising inflation and cost of living, the government will keep an eye on this issue. It is clear from this decision of the government that one should not expect to get additional pension before the age of 80 years. At present, Dearness Allowance is the only support for retired central employees, through which they can get some relief.

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  • Vertiv unveils high-density, scalable IT rack DC power shelf solution for AI and HPC applications – CRN

    Vertiv unveils high-density, scalable IT rack DC power shelf solution for AI and HPC applications – CRN

    Equinix Partners with CleanMax to Develop 33 MW Captive Renewable Power Projects to Decarbonize its Data Centers in India
    Equinix Partners with CleanMax to Develop 33 MW Captive Renewable Power Projects to Decarbonize its Data Centers in India

    In a bold move to enhance data center power efficiency, Vertiv has announced the global launch of the Vertiv PowerDirect Rack—a cutting-edge 1U high-density 50V DC power system shelf tailored for the demanding environments of artificial intelligence (AI) and high-performance computing (HPC).

    A Game-Changer for Power Efficiency and Scalability

    The Vertiv PowerDirect Rack brings unmatched resilience to data centers by offering scalable power delivery up to 132kW per rack. Engineered to integrate multiple power shelves, this OCP ORv3 High Power Rack (HPR) compliant system delivers twice the power capacity of alternative solutions without increasing footprint. By supporting both AC and HVDC input, the PowerDirect Rack provides exceptional flexibility for diverse IT infrastructure environments.

    Redefining Data Center Power Management

    With AI and HPC workloads pushing power consumption to new heights, data centers need solutions that balance efficiency, scalability, and operational simplicity. The Vertiv PowerDirect Rack ensures data centers meet these growing power demands without expanding rack space or adding complexity. Compared to traditional AC uninterruptible power supply (UPS) systems, this high-density DC power solution eliminates the need for separate rectification and power distribution, offering a more streamlined power architecture.

    “Today’s data centers face increasing pressure to deliver more power in less space while supporting the rapid growth of AI and HPC applications,” said Kyle Keeper, senior vice president of the power business unit at Vertiv. “Vertiv PowerDirect Rack addresses these challenges with a scalable, energy-efficient DC power design that equips operators with the flexibility to adapt to evolving workload demands and build future-ready infrastructure.”

    Key Features and Benefits

    The Vertiv PowerDirect Rack delivers a host of industry-leading benefits, making it a compelling choice for AI and HPC-driven data centers:

    • High-Density Power: Delivers up to 132kW per rack with N+N redundancy, supporting power-hungry applications while minimizing footprint.

    • Peak Energy Efficiency: Achieves an impressive 97.5% energy efficiency, reducing power waste, cooling requirements, and operating costs.

    • Future-Ready Flexibility: Supports both AC and HVDC input, ensuring seamless integration into evolving data center infrastructures.

    • Modular Scalability: Features a hot-swappable design, allowing effortless expansion and uninterrupted operations as power needs grow.

    • Advanced Power Management: Built-in safeguards ensure continuous performance and reliability, preventing disruptions and optimizing uptime.

    Strengthening Vertiv’s AI and HPC Portfolio

    The Vertiv PowerDirect Rack further expands the company’s comprehensive portfolio of power and cooling solutions, designed to meet the increasing demands of AI and HPC acceleration. By combining efficiency, adaptability, and high-density power delivery, Vertiv continues to drive innovation in data center power management, helping businesses build resilient and scalable digital infrastructure.

  • UPI Pay Alert: From April 1, THESE users will not be able to transact on Google Pay, PhonePe and Paytm





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    If you use UPI apps like Google Pay, PhonePe or Paytm, then there is an important update for you. A new rule will come into effect from April 1, 2025, under which mobile numbers linked to bank accounts, which are not active for a long time, will be removed from the UPI system.

    This change will affect those users who have an old or closed number linked to their bank account. If you too have linked an old or closed number to the bank, then you may face problems in doing UPI transactions.

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    Why was this decision taken?

    The National Payments Corporation of India (NPCI) has taken this step to prevent cyber fraud and technical glitches. Many times, after a mobile number is closed, telecom companies allot it to another user. In such a situation, the risk of fraud on bank accounts linked to the old number increases. For this reason, NPCI has instructed banks and UPI apps to identify inactive mobile numbers every week and remove them from their system.

    There may be a problem in UPI payment

    For UPI transactions, it is necessary for your mobile number to be linked to your bank account. If your number has been switched off for a long time or has not been updated after getting a new SIM, then after April 1, you may face failure in UPI payment.

    How to avoid this problem?

    If you want your UPI payments to continue without any interruption, then you need to follow these important steps:

    1. Check the mobile number linked to your bank account. If the number is closed or old, update it immediately.
    2. Contact your telecom provider (Jio, Airtel, Vi, BSNL) and confirm that the number is still registered in your name.
    3. If your number has been closed and has been allotted to someone else, then go to the bank and get a new number linked.
    4. Go to UPI app (Google Pay, PhonePe, Paytm) and update your number and bank details.

    NPCI will update the data every week

    NPCI has instructed all banks and UPI apps to update the list of inactive numbers every week. This means that if your number is not active for a long time, it can be automatically removed from the bank’s records. So always keep your number active and updated.

    Is your number active for UPI or not? Check this way

    • Log in to your bank’s netbanking or mobile banking app and look for the registered mobile number.
    • Go to Google Pay, PhonePe or Paytm and verify the number linked there.
    • If the number is closed, then immediately complete the process of linking a new number.

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  • Extending affordable financial protection to every insurable individual: LIC CEO

    Extending affordable financial protection to every insurable individual: LIC CEO

    IANS

    Siddhartha Mohanty, CEO and MD of Life Insurance Corporation of India (LIC), said on Thursday that the nation’s largest insurer has consistently focused on reaching rural areas and economically and socially disadvantaged sections.

    A day after a delegation of LIC agents met the Leader of Opposition in the Lok Sabha, Rahul Gandhi, and raised issues regarding recent changes in rules which make insurance less affordable for the poorest, the LIC CEO denied such concerns, saying, “We aim to extend financial protection to every insurable individual at an affordable cost.”

    “We want to clarify that LIC has introduced products that align with the New Product Regulations set by IRDA, effective from October 1, 2024, keeping policyholders’ interests at the forefront,” Mohanty said in a statement.

    Stressing that LIC is committed to broadening life insurance coverage, Mohanty said that with a diverse portfolio catering to various customer segments and different strata of society, LIC fully complies with all regulatory requirements.

    Life Insurance Corporation of India (LIC)

    IANS

    “As an example, our ‘Micro Bachat’ plan offers a minimum sum assured of Rs 1 lakh and is exempt from GST, ensuring accessibility. Post changes in product regulations, the commission has not been reduced for agents, it has been given in a staggered manner,” he informed.

    Mohanty added that LIC remains dedicated to providing financial security to its policyholders while supporting its agency force’s well-being.

    In his meeting with LIC agents, Rahul Gandhi said that the LIC was formed in 1956 to provide affordable insurance to all Indians. The Congress leader assured that he would raise this issue in Parliament.

    Meanwhile, LIC recorded a 28.29 per cent surge in group yearly renewable premiums and a 7.9 per cent rise in individual premiums during the first 11 months of FY25, according to the latest industry data.

    As of February 2025, LIC’s total premium collection stood at Rs 1.90 lakh crore, reflecting a 1.90 per cent increase from the Rs 1.86 lakh crore collected in the corresponding period of FY24.

    (With inputs from IANS)

  • Lenovo hybrid AI advantage with NVIDIA boosts business productivity and efficiency with new scalable Agentic AI solutions – CRN

    Lenovo hybrid AI advantage with NVIDIA boosts business productivity and efficiency with new scalable Agentic AI solutions – CRN

    At NVIDIA GTC, Lenovo unveiled new Lenovo Hybrid AI Advantage with NVIDIA solutions designed to accelerate AI adoption and boost business productivity by fast-tracking agentic AI that can reason, plan and take action to reach goals faster. The validated, full-stack AI solutions enable enterprises to quickly build and deploy AI agents for a broad range of high-demand use cases, increasing productivity, agility and trust while accelerating the next wave of AI reasoning for the new era of agentic AI.

    New global IDC research commissioned by Lenovo reveals that ROI remains the greatest AI adoption barrier, despite a three-fold spend increase1. AI agents are revolutionising enterprise workflows and lowering barriers to ROI by supporting employees with complex problem-solving, coding, and multistep planning that drives speed, innovation and productivity. As CIOs and business leaders seek tangible return on AI investment, Lenovo is delivering hybrid AI solutions that unleash and customise agentic AI at every scale.

    The AI solutions combine Lenovo’s full-stack AI portfolio and ready-to-customise use cases with new platform options that will support the latest NVIDIA Blackwell Ultra platform, NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, and networking innovations to empower organisations everywhere to accelerate applications, such as AI reasoning, agentic AI and real-time video generation.

    “Lenovo continues to drive smarter AI for all, bringing together AI models, data and computing power – running on devices, edge, and cloud, and connected with network- to deliver AI solutions that empower human innovation and enable productivity gains,” said Lenovo Chairman and CEO Yuanqing Yang. “Lenovo Hybrid AI Advantage with NVIDIA integrates cutting-edge services and the next evolution of Blackwell accelerated infrastructure to help enterprises easily scale agentic AI across private and public AI models that deliver substantial benefits in effectiveness, cost, efficiency, security, accessibility and customisation.”

    “Lenovo Hybrid AI Advantage with NVIDIA combines cutting-edge services with the latest NVIDIA Blackwell platform to deliver end-to-end AI solutions. This empowers Indian enterprises to seamlessly scale agentic AI across private and public models,” said Amit Luthra, Managing Director, Lenovo Infrastructure Solutions Group, India. “With AI adoption in India set to contribute over $500 billion to the economy by 2025, businesses can now develop and deploy AI agents within weeks—driving productivity, efficiency, and innovation. At Lenovo, we are committed to accelerating this transformation and delivering real ROI at scale.”

    “AI agents that can reason and adapt are redefining how we work,” said NVIDIA founder and CEO Jensen Huang. “NVIDIA and Lenovo are providing the essential infrastructure to power AI inference and reasoning at scale—bringing generative and agentic AI from research labs into real-world enterprise applications.”

    Hybrid AI defines the next Era and fuels Agentic AI

    Data exists everywhere – in manufacturing, retail, banking, healthcare business locations, enterprise data centres and in the public domain. Hybrid infrastructure allows data to be collected, stored, processed, and then fed into enterprise AI models for training in the hybrid cloud, and provides inferencing at the edge or on devices with training models.

    The new offerings leverage Lenovo’s leadership in hybrid infrastructure and the recently announced Lenovo Hybrid AI Advantage with NVIDIA to efficiently scale agentic AI across business locations using a factory-type approach that turns data intelligence from everywhere into transformational outcomes.

    Fully validated and tested Agentic AI use cases

    The Lenovo Hybrid AI Advantage with NVIDIA framework includes the Lenovo AI Library, which consists of a portfolio of customised, tested and proven use cases empowering teams to be more productive and deliver AI. Agentic AI can be uniquely accessed on personal devices, workstations, and data centres across enterprise locations and enable ROI in key areas, such as:

    • Content Generation – Automating content creation up to 8x faster, enhancing quality, and personalising customer interactions.1
    • Customer Service – Improving customer service efficiency by 50% with reduced response times, automating chatbot interactions, and reducing handling times by 20%2
    • Knowledge Assistants – Breaking down data silos, enhancing enterprise knowledge sharing, and automating workflows, such as faster contract reviews. For legal teams, for example, this has boosted productivity by up to 80% and enhanced accuracy by 45%.3

    At NVIDIA GTC, Lenovo debuted the Lenovo AI Knowledge Assistant, a digital human assistant that engaged in real-time conversation with attendees to transform their event experiences and navigation. Powered by the Lenovo agentic AI platform, the solution enables organisations to rapidly customise Lenovo AI Library use cases and operationalise new AI agents and assistants within weeks. The demo was customised using the digital human NVIDIA AI Blueprint and NVIDIA NIM™ microservices, running on a Lenovo PX ThinkStation.

    Attendees used natural voice and language to interact with the AI assistant about relevant event details, maps, schedules and meeting locations, maximising their time and optimising navigation. The demo brings to life how Lenovo’s tested and proven solutions can help businesses get customised agentic AI up and running faster, connecting and collaborating with customers and employees on a whole new level to improve outcomes and experiences.

    The Lenovo agentic AI platform, the industry’s most complete on-prem agentic AI solution, simplifies deployment so customers can scale agentic AI across personal, enterprise, and public environments to automate workflows, boost productivity, and accelerate decision-making. Fully integrated with the NVIDIA AI Enterprise software platform, it includes essential software toolkits, advanced data tools, pre-trained models, and automated deployment features. Lenovo AI services and experts provide guidance to streamline adoption while ensuring AI delivers real value. The platform also prioritises security and trust with a Responsible AI framework and a GenAIOps dashboard for centralised AI management, performance monitoring, and bias detection.

    Enterprise-ready hybrid AI factory for scalable growth

    As the world transitions to accelerated computing for AI workloads, Lenovo is helping businesses quickly build, scale and operate their own AI factories — high-performance, scalable and protected environments for delivering trusted AI solutions. These new platforms help organisations efficiently build, scale and integrate agentic AI across business locations using validated designs that support multiple workloads with standardised, modular, hybrid deployment options. The factories simplify AI training, inferencing, and deployment—whether on-premises, in the cloud, or at the edge.

    Delivering full-stack data centre infrastructure that includes workstations, servers, networking, storage, partner solutions and services, the hybrid AI factory platforms are built with Lenovo Validated Designs based on NVIDIA Enterprise Reference Architectures and NVIDIA-Certified Lenovo ThinkSystem servers. The factory options include the Lenovo ThinkSystem SR675, 680, 685 servers and storage solutions using NVIDIA Hopper GPUs, NVIDIA Blackwell GPUs, NVIDIA Grace™ CPUs, NVIDIA Spectrum-X networking, and NVIDIA BlueField DPUs.

    For data centres, the Lenovo ThinkSystem SR675 V3 server, equipped with NVIDIA H200 NVL, NVIDIA Networking and NVIDIA AI Enterprise software platform delivers exceptional performance for AI and HPC workloads. The platform scales from a single server, with just 4 GPUs as a starter environment, to a rack scalable unit (SU), offering a turnkey infrastructure solution that enables enterprises of all sizes to quickly deploy a hybrid AI factory or extend their existing IT infrastructure.

    Lenovo’s AI factory ecosystem also includes:

    • AI-ready Lenovo ThinkStation PX workstations with NVIDIA RTX PRO 6000 Blackwell Workstation Edition and NVIDIA AI Workbench for developers.
    • Lenovo Neptune liquid-cooled AI infrastructure, efficiently powering AI at scale and built with the next generation of NVIDIA accelerated computing for cloud service providers tackling LLM workloads.
    • Lenovo AI fast start services for rapid deployment, integration, and scaling that helps businesses deploy use cases and prove business value in 90 days or less.

    Driving the next AI breakthroughs

    Across industries, Lenovo hybrid AI solutions are already transforming healthcare, finance, manufacturing and retail—from summarising medical research and automating compliance reporting to enhancing customer experiences with intelligent recommendations. Lenovo and NVIDIA are working with leading institutions and enterprises to unlock AI’s potential. In Germany, Lenovo secured the first NVIDIA GB200 project with the Technical University of Darmstadt to advance scientific discoveries. The project will feature the new energy-efficient Lenovo ThinkSystem SC777 V4 Neptune systems, advanced high-performance servers powered by Lenovo’s 6th generation Neptune direct water-cooling platform and services. This collaboration builds on the strong partnership between Lenovo and Technical University of Darmstadt, further enhancing the sustainable and high-performance ‘Lichtenberg NHR-Stage 1’ Supercomputer with a pioneering next-gen Grace-Blackwell partition.

    To optimise the patient experience and medical evaluations in preventive health check-ups, the healthcare software development company, Artificial Intelligence System for Human Analysis (AISHA) trained an AI model to analyse MRI scans using a Lenovo and NVIDIA hybrid AI solution. The AI model can analyse a full-body scan in just 30 minutes—over 99% faster than manual analysis—providing doctors with rapid insight and enhancing the patient check-up experience.

    “Without the power of the Lenovo and NVIDIA solution, the model would simply not be able to exist. Lenovo and NVIDIA are unmatched in the field of AI,” said Dr. Juan Pablo Reyes Gonzalez, Head of AISHA.

    The future of AI is hybrid

    By simplifying AI adoption and scalability, Lenovo Hybrid AI Advantage with NVIDIA solutions are helping organisations across industries unlock data from anywhere to harness AI for real business value. 

  • Tenable Research finds that DeepSeek R1 can be tricked into developing malware – CRN

    Tenable Research finds that DeepSeek R1 can be tricked into developing malware – CRN

    Nick Miles, Staff Research Engineer, Tenable

    When new technologies such as generative artificial intelligence (GenAI) emerge, cybercriminals inevitably look for ways to exploit its capabilities for malicious purposes. While most mainstream GenAI models have built-in safeguards to prevent misuse, Tenable Research has found that DeepSeek R1 can be tricked into generating malware, raising concerns about the security risks posed by AI-powered cybercrime.

    To assess the potential threat, Tenable’s security researchers conducted an experiment, evaluating whether DeepSeek R1 could create malicious software under two scenarios: a keylogger and a simple ransomware sample.

    At first, DeepSeek R1 refused to comply, as expected. However, using simple jailbreaking techniques, the researchers found that the AI’s safeguards were easily bypassed.

    “Initially, DeepSeek rejected our request to generate a keylogger,” said Nick Miles, staff research engineer at Tenable. “But by reframing the request as an ‘educational exercise’ and applying common jailbreaking methods, we quickly overcame its restrictions.”

    Once these guardrails were bypassed, DeepSeek was able to:
    1) Generate a keylogger that encrypts logs and stores them discreetly on a device
    2) Produce a ransomware executable capable of encrypting files

    The bigger concern resulting from this research is that GenAI has the potential to scale cybercrime. While DeepSeek’s output still requires manual refinement to function effectively, it lowers the barrier for individuals with little to no coding experience to explore malware development. By generating foundational code and suggesting relevant techniques, AI models like DeepSeek could significantly accelerate the learning curve for novice cybercriminals.

    “Tenable’s research highlights the urgent need for responsible AI development and stronger guardrails to prevent misuse. As AI capabilities evolve, organisations, policymakers, and security experts must work together to ensure that these powerful tools do not become enablers of cybercrime,” said Miles.

  • Lex Fridman podcast: Narendra Modi says dialogue is key to reaching stable India-China bond

    Narendra Modi says dialogue remains the key in reaching a stable India-China bond while appearing in Lex Fridman podcast.
    A file photo of Narendra Modi and Xi Jinping. Photo Courtesy: PIB

    Indian PM Narendra Modi appeared on the Lex Fridman podcast and said dialogue is the key to building a stable and cooperative relationship between India and China.

    On being asked about the bilateral relations between India and China, the Prime Minister emphasised their shared history of learning from each other and contributing to global good, highlighting that at one point, India and China together accounted for over 50 percent of the world’s GDP, showcasing their massive contributions.

    He noted the deep cultural connections, including the profound influence of Buddhism in China, which originated in India.

    Modi stressed the importance of maintaining and strengthening the relationship between the two nations.

    He acknowledged that differences are natural between neighbours but stressed the need to prevent these differences from escalating into disputes.

    “Dialogue is the key to building a stable and cooperative relationship that benefits both nations,” he added.

    Border dispute

    Addressing the border disputes, the Prime Minister acknowledged the tensions that arose in 2020 but noted that his recent meeting with President Xi has led to a return to normalcy at the border.
    He highlighted efforts to restore conditions to pre-2020 levels and expressed optimism that trust, enthusiasm, and energy would gradually return.

    He emphasized that cooperation between India and China is essential for global stability and prosperity, advocating for healthy competition rather than conflict.

    The relationship between the two Asian giants touched new low points after India and Chinese troops were engaged in a violent border confrontation in Galwan Valley in May 2020.

    India and China reached an agreement regarding patrolling along the Line of Actual Control (LAC) in eastern Ladakh on October 21, last year.

    The agreement marked a significant breakthrough in ending the standoff.

    Modi-Xi Meeting

    Modi and Chinese President Xi Jinping met on the sidelines of the BRICS Summit in Kazan last year in October.

    It was the first meeting between the two leaders since the standoff.

  • Bridging the Gap: How Explainable AI is Transforming Decision-Making

    intelligence and human understanding

    In the modern era, artificial intelligence (AI) is transforming industries, yet its complexity challenges decision transparency. Danish Khan, an AI transparency expert, examines Explainable AI (XAI) as a bridge between machine intelligence and human understanding. His insights highlight XAI’s role in fostering trust, enhancing decision-making, and ensuring ethical AI deployment across diverse sectors.

    The Rise of Explainable AI
    As AI becomes increasingly sophisticated, the need for transparency in algorithmic decision-making is more crucial than ever. Traditional machine learning models, particularly deep learning networks, often function as “black boxes,” providing little insight into their internal logic. XAI addresses this issue by making AI-driven outcomes more interpretable, enabling users to understand, trust, and effectively utilize AI insights.

    Key Approaches to AI Explainability
    The field of XAI has introduced key methodologies to enhance transparency. SHAP (SHapley Additive Explanations) assigns importance values to features, providing deep insights into AI predictions. LIME (Local Interpretable Model-Agnostic Explanations) simplifies complex models with local approximations, making predictions more interpretable. These techniques have greatly improved AI applications across various industries, fostering trust and usability.

    Enhancing Trust and Compliance in AI Systems
    A major advantage of XAI is its role in increasing user trust. Studies indicate that users are more likely to rely on AI-driven decisions when they understand the underlying logic. In regulatory environments, such as finance and healthcare, explainability is not just a convenience but a necessity. XAI frameworks help organizations comply with legal and ethical guidelines by ensuring that AI decisions are fair, unbiased, and transparent.

    Applications in Healthcare
    The healthcare industry has seen significant improvements through XAI. AI-assisted diagnostic tools, when equipped with explainability features, have shown a marked increase in accuracy and efficiency. Studies reveal that diagnostic accuracy improves by up to 28% when healthcare professionals can interpret AI-generated results. Moreover, patient trust in AI-assisted diagnoses rises when they receive clear explanations, leading to better treatment adherence.

    AI in Financial Decision-Making
    The financial sector has also benefited from XAI, particularly in risk assessment and fraud detection. Explainable AI models enable financial analysts to identify the reasoning behind credit scoring and loan approval processes. This increased transparency has resulted in fewer disputes and enhanced customer satisfaction. Moreover, XAI-powered fraud detection systems have significantly reduced false alarms while maintaining high detection accuracy.

    Impact on Manufacturing and Automation
    In manufacturing, XAI is optimizing processes by improving quality control and predictive maintenance. Factories utilizing explainable AI systems have reported a 44% reduction in defect rates and a notable improvement in production efficiency. Predictive maintenance models, when backed by transparent decision-making, allow engineers to proactively address potential failures, thereby reducing downtime and maintenance costs.

    Overcoming Ethical and Regulatory Challenges
    Ethical concerns in AI-driven decisions are rising, as biases can lead to unfair outcomes in hiring, lending, and law enforcement. XAI helps identify and reduce biases by enhancing transparency in decision-making. Organizations adopting structured XAI frameworks have significantly lowered bias-related incidents and improved compliance with ethical standards, ensuring fairer and more accountable AI systems.

    Future Directions in XAI
    As AI continues to evolve, so will the methodologies for enhancing explainability. Researchers are exploring hybrid approaches that combine multiple explanation techniques for greater accuracy and comprehensibility. Advances in natural language processing are also being integrated into XAI, enabling AI systems to provide detailed yet understandable justifications for their decisions.

    In conclusion, Explainable AI is essential for building trust, ensuring compliance, and promoting ethical decision-making in AI systems. Danish Khan emphasizes the need for transparency in AI, demonstrating how XAI is transforming intelligent automation. By bridging the gap between complex algorithms and human understanding, XAI is driving more responsible and effective AI implementations for the future.

  • KSB Limited Announces Remarkable Sales Revenue for the Year 2024


    KSB Limited one of the world’s leading suppliers of pumps, valves and systems have announced their remarkable sales revenue for the year 2024. Combining innovative technology and excellent service to provide intelligent solutions, the company has been offering innovative and sturdy solutions to cater to the myriad needs of the Indian Customer . The company emphasizes on delivering excellent services.


     


    • The sales revenue of 2024 is registered as INR 2533 crores, which is a 12.7 % increase over the previous year.


    • The sales revenue of Quarter 4 recorded a 20.5% growth, compared to the same period last year, closing the quarter with sales revenue of INR 726.4 crores.


    • The company has announced a 200% dividend, reflecting a consistent year-on-year increase and demonstrating the company’s strong performance.


     


    Major Highlights:


    • Inauguration of the Dynamic Test Facility of the 220 MW Primary Coolant Pump Mechanical Seal by the hands of the NPCIL team at our EPD plant.


    • Launched the reciprocating plunger-type pump to cater to the domestic market.


    • Received significant valve orders from BHEL for the NTPC Talcher Power Plant and from TSK Spain for the Andres-1 Power Plant project.


    • ESG – Certification and 3rd-party assurances of GHG emissions, Zero Waste to Landfill (ZWL), and Zero Liquid Discharge (ZLD).


    • Secured solar pump orders with a total value of INR 204 Million from MSEDCL and Maharashtra Energy, and INR 204 Million from Dakshin Gujarat Vij Company under government schemes.


     


    Business Highlights


    (All amounts in INR Crores)














    Particular s


    Q4 – 2024


    Q4– 2023


     



    Jan’24-Dec’24


     



    Jan’23-Dec’23


    (Oct’24-Dec’24)


    (Oct’23-Dec’23)


    Sales


    726.40


    602.60


    2,533.10


    2,247.20


    Expenses


    628.00


    521.70


    2,195.60


    1,953.60


    Operating Profit


    98.40


    80.90


    337.50


    293.60


    OPM %


    13.55%


    13.43%


    13.32%


    13.07%


    Other Income


    10.20


    6.50


    41.50


    36.30


    Interest


    0.40


    1.60


    2.70


    5.30


    Depreciation


    14.40


    13.70


    54.30


    49.70


    PBT


    93.80


    72.10


    322.00


    274.90


     


    Mr. Prashant Kumar, Vice President – Sales and Marketing, KSB Limited


     


    Summarizing the business highlights, Mr. Prashant Kumar, Vice President – Sales and Marketing, KSB Limited, said, “This year, we have registered good sales revenue with a 12.7% YoY growth. We have seen good growth in Solar, Valves, Building Services, Waste Water, and Domestic segments. Although there was a slowdown in the project business this year due to various reasons, including elections, we have made progress in the Marine sector and received some breakthrough orders from Green Hydrogen and Railways. Our focus on standard business and exports will keep us insulated from any shock due to macroeconomic conditions. We continue to maintain a global presence with our export business.”


     


    About KSB Limited


    KSB Limited Founded in 1960 in India is a part of KSB SE & Co. KGaA., one of the world’s leading suppliers of pumps, valves and systems. Combining innovative technology and excellent service to provide intelligent solutions, the company has been offering innovative and sturdy solutions to cater to the myriad needs of the Indian Customer may it be in power, oil, building services, process engineering, water treatment, water transport, etc. The activities of KSB’s in-house research centre focuses on the areas of hydraulics, sealing technology, materials, production technology and automation.


     


    Today the KSB group has a presence on all the continents with its own sales and marketing companies, manufacturing facilities and service operations. More than 15,000 employees generate annual consolidated sales revenue of over Two billion Euros.

  • Scaler innovation lab partners with NeoSapien to further advance India’s first AI-powered wearable device – CRN

    Scaler innovation lab partners with NeoSapien to further advance India’s first AI-powered wearable device – CRN

    Scaler, a soonicorn education provider in India, has partnered with NeoSapien, an early-stage startup developing an AI-powered wearable device to enhance human memory, decision-making, and productivity. NeoSapien, a Shark Tank India Season 4 participant, is the first company to join the recently launched Scaler Innovation Lab, a non-dilutive grant fund to support promising startups, offering not just financial assistance but also access to a high-quality workspace, resources, and a strong network of industry experts. This pioneering incubator fosters innovation in AI/ML, IoT, robotics, and blockchain.

    NeoSapien stands out as a groundbreaking venture, being the first in India and among the pioneers globally to develop an AI-powered wearable. This device, created by cousins Dhananjay Yadav and Aryan Yadav, aims to redefine how individuals interact with technology, bridging gaps in communication while fostering deeper connections.

    Through its partnership with Scaler Innovation Lab, NeoSapien will leverage state-of-the-art resources to advance its product development and scale operations. The collaboration includes:
    Grant Support: A non-dilutive grant of ₹10 lakh to support NeoSapien’s growth.
    Student Internships: Access to talented students from Scaler School of Technology, who will intern with NeoSapien to provide essential skilled talent.
    Expert Mentorship: Guidance from industry leaders at Scaler to accelerate research, development, and product implementation.
    Operational Assistance: Support in software testing and warehousing to streamline operational challenges.

    “Scaler Innovation Lab is committed to empowering promising startups like NeoSapien to bring transformative ideas to life,” said Abhimanyu Saxena, Co-founder of Scaler and InterviewBit. “We are thrilled to embark on this journey with NeoSapien as our first partner and to contribute to the vibrant startup ecosystem by combining the expertise of our mentors and the talent of our students.”

    NeoSapien Co-Founder Dhananjay Yadav commented, “Joining Scaler Innovation Lab is a game-changer for us. The funding, mentorship, and access to top-tier talent will significantly boost our growth trajectory, enabling us to focus on what we do best—innovating and solving real-world challenges through technology.”

    During their Shark Tank India pitch, the founders showcased the immense potential of Neosapien and their vision for the future of personal assistance, seeking ₹80 lakhs for 2.5% equity.

    The Scaler Innovation Lab is designed to be a hub for groundbreaking ideas, providing startups with a collaborative environment and a robust support system to thrive. By partnering with NeoSapien, Scaler aims to foster innovation and prepare its Scaler School of Technology students for impactful careers in technology.