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  • Hello from Melodi team: Italian PM Giorgia Meloni clicks selfie with Indian Prime Minister, welcomes global leaders with ‘Namaste’

    Italian Prime Minister Giorgia Meloni
    Italian Prime Minister Giorgia Meloni greeting world leaders with Namaste. Photo Courtesy: X/@GiorgiaMeloni and X/@BJP4India

    “Hello from the Melodi staff,” says Italian Prime Minister Giorgia Meloni taking a selfie with her Indian counterpart Narendra Modi on the sidelines of the G7 Summit in Italy, giving a digital shoutout to the netizens who casually consult with the 2 global leaders as Melodi.

    Sharing a video on her X deal with, Meloni mentioned, “Hi mates, from #Melodi.”

    In the video, the Italian Prime Minister was heard saying, “Hello from the Melodi staff.” The two Prime Ministers had been seen waving wanting on the digital camera.

    In an image which went viral on social media, Meloni could be seen clicking the selfie with Modi by her facet whereas each had been in all smiles.

    The viral image was nearly a deja vu second for the 2 global leaders whose selfie on the COP28 Climate Summit in Dubai turned out to be common.

    During the G7 Sumit, Meloni additionally selected to greet individuals with a Namaste, a conventional Indian hand gesture, somewhat than handshaking.

    The Italian metropolis of  Apulia hosted the summit this yr from June 13 to June 15.

    On the work entrance, Modi Friday held bilateral talks with his Italian counterpart Giorgia Meloni with whom he had a “good assembly” to cement ties between two international locations.

    Modi additionally thanked her for inviting him to the G7 Summit. Earlier he was welcomed by Meloni in Italy.

    India has been invited to the G7 Summit as an Outreach nation.

    The bilateral talks targeting India-Italy relations in areas like commerce, vitality, defence, telecom and extra.

    “Our nations will work collectively in futuristic areas like biofuels, meals processing and demanding minerals,” PM Modi posted in an X put up.

  • Education: 69 percent of Indian students prefer the US to any other destination

    US mission interviews over 3900 Indian applicants
    More than 100 students and their households participated in Student Visa Day actions at the U.S. Consulate in Kolkata. Photo Courtesy: US Consulate Kolkata PR Team

    The United States stays the primary greater schooling destination for Indian students, with research exhibiting that 69 percent of Indian students prefer to get educated in the US as in contrast to any other locations, a prime official mentioned on Thursday.

    The US Mission to India’s Consular Team interviewed greater than 3,900 pupil visa candidates throughout the eighth Annual Student Visa Day throughout the nation, together with at the US Consulate General Kolkata. 

    In an announcement, US Envoy to India Eric Garcetti mentioned: “Every worldwide pupil on a U.S. campus represents large accomplishment- years of research and onerous work that went into making ready for educational excellence. Like those that went earlier than, immediately’s Indian students additionally characterize large potential – the information you’ll unlock, the new expertise and alternatives you’ll expertise, and the relationships you’ll construct are price the funding. Each pupil is an envoy for India. Together we’re taking the US-India relationship ahead.” 

    More than 100 students and their households participated in Student Visa Day actions at the US Consulate in Kolkata.  

    Speaking to reporters, Consular General Melinda Pavek mentioned: “Thousands of students from the East and Northeast will change into half of the largest delegation of Indian students in historical past this 12 months in the United States.”

    She mentioned: “Indian students, already the largest group of worldwide graduate students in the United States, acquire priceless real-world expertise, receiving employment-based US visas or changing into leaders of their fields right here in India – reflecting the lifelong profit of a US schooling.”
     
    She advised the students that by becoming a member of the universities in the US, they’re changing into the latest hyperlink in the thriving friendship between the two nations.

    In 2023, the US issued over 140,000 pupil visas in India, considerably greater than in any other nation.

    During the 2022-2023 Academic Year, 270,000 Indians studied in the US.   

    Texas, New York, Illinois and Massachusetts stay the prime US locations for Indian students.

  • Education: 69 percent of Indian students prefer the US to any other destination

    US mission interviews over 3900 Indian applicants
    More than 100 students and their households participated in Student Visa Day actions at the U.S. Consulate in Kolkata. Photo Courtesy: US Consulate Kolkata PR Team

    The United States stays the primary larger training destination for Indian students, with research exhibiting that 69 percent of Indian students prefer to get educated in the US as in contrast to any other locations, a prime official stated on Thursday.

    The US Mission to India’s Consular Team interviewed greater than 3,900 scholar visa candidates throughout the eighth Annual Student Visa Day throughout the nation, together with at the US Consulate General Kolkata. 

    In an announcement, US Envoy to India Eric Garcetti stated: “Every worldwide scholar on a U.S. campus represents great accomplishment- years of research and arduous work that went into making ready for tutorial excellence. Like those that went earlier than, at present’s Indian students additionally characterize great potential – the data you’ll unlock, the new expertise and alternatives you’ll expertise, and the relationships you’ll construct are price the funding. Each scholar is an envoy for India. Together we’re taking the US-India relationship ahead.” 

    More than 100 students and their households participated in Student Visa Day actions at the US Consulate in Kolkata.  

    Speaking to reporters, Consular General Melinda Pavek stated: “Thousands of students from the East and Northeast will turn out to be half of the largest delegation of Indian students in historical past this 12 months in the United States.”

    She stated: “Indian students, already the largest group of worldwide graduate students in the United States, acquire precious real-world expertise, receiving employment-based US visas or changing into leaders of their fields right here in India – reflecting the lifelong profit of a US training.”
     
    She advised the students that by becoming a member of the universities in the US, they’re changing into the latest hyperlink in the thriving friendship between the two nations.

    In 2023, the US issued over 140,000 scholar visas in India, considerably greater than in any other nation.

    During the 2022-2023 Academic Year, 270,000 Indians studied in the US.   

    Texas, New York, Illinois and Massachusetts stay the prime US locations for Indian students.

  • Epson retains the No.1 position in the Indian Projector Market for the eighth consecutive year

    Epson retains the No.1 position in the Indian Projector Market for the eighth consecutive yearIndia, June 14, 2024: Epson, a worldwide chief in digital imaging and printing choices, at current launched its continued administration and year-on-year market share improvement in the Indian projector market. According to the latest data revealed by Futuresource Consulting for FY23, Epson provided 77,637 projectors out of the normal 172,414 projectors provided in the nation all through the fiscal year 2023-24. This gave Epson a serious market share of 45.03% in FY2023. Epson has grown its market share by 13% in FY2023 from its earlier share of 31.54% in FY2022. Futuresource Consulting are market specialists in seen reveals and are accepted as the worldwide projector commerce commonplace.

    Epson has been the chief in the Indian projector market since the FY 2016-17. Globally, Epson has been the No. 1 projector mannequin position for 22 years, with a Global market share of 32.3% in FY 2022-23. Epson stays the market chief in every B2B and B2C lessons.  Epson attributes its success to its proprietary 3LCD know-how which delivers vibrant and true-to-life images with as a lot as 3 events elevated shade vibrancy and the subsequent shade gamut than others. Epson says its projectors have all the time been renowned for their high-quality effectivity, revolutionary choices and superior know-how. The most recent projectors elevate the individual experience with Laser light provide, Ultra Short throw, 3LCD Reflective Laser know-how and 4K for state-of-the-art home theatre projectors. Epson says it should proceed to focus on creating cutting-edge utilized sciences and choices to ensure it stays the most preferred projector mannequin every in India & Worldwide.

    Epson’s key segments for projectors embrace education, corporates, authorities and residential, with each presenting very important improvement alternate options. Epson projectors are primarily used in firm meeting rooms for reveals, for collaborating school college students in lecture rooms, for huge venue and theatre type projections and for an elevated home theatre experience. Demand is being fueled by digital lecture rooms, hybrid meeting rooms, teaching rooms, projection mapping, digital paintings galleries, rental and staging, and residential leisure.  The newer shift in the path of Laser light provide projectors with longer lifetime of upto 30,000 hours is supporting greener and cost-efficient workplaces. In the education sector, digitization and interactive finding out are driving projector adoption. Smart choices like wi-fi connectivity and mobile compatibility further enhance attraction, reflecting a improvement in the path of a seamless, helpful multimedia experiences.

    Commenting on the achievement, Mr. A. Ok. Harish, Senior General Manager – Visual Products, Epson India, acknowledged, “We are delighted to not merely retain the No.1 position in the Indian projector market for FY2023, nonetheless to significantly enhance our market share as successfully. We have been the market leaders in India for a number of years now. Over the years, the projector market has developed significantly, offering a further superior individual experience along with seamless choices. Epson has persistently been at the forefront of this transformation, delivering merchandise that current vibrant, true-to-life images and a viewing experience that exceeds purchaser expectations”.


    Mansi Praharaj

  • New innovative smart traffic system developed by BHU professor and Indian student in S. Korea

    IIT

    An Associate Professor, Ankit Gupta, in the Transportation Engineering Section of the Civil Engineering department of IIT Banaras Hindu University (BHU) and a Ph. D student, Sumit Mishra, at Korea Advanced Institute of Science and Technology, South Korea have developed an innovative system ‘Spatio-Temporal Traffic Data Reporting for Smart City Services’.

    Associate Professor Ankit Gupta said that the Smart City Traffic System is a network of interconnected modules designed to gather, analyse, and disseminate traffic data in real-time and provide accurate, real-time traffic information.

    “What makes this system truly remarkable is its ability to generate insights based on either traffic sensor and crowdsourced data,” Gupta said.

    New Delhi: Massive traffic jam occurs at ITO

    IANS

    He said that the crowdsourced information is collected from everyday commuters through third-party services like Google Maps.

    “This data provides real-time insights into traffic conditions, such as vehicle speed and travel time,” the Associate Professor said.

    To secure user privacy, third parties provide limited analytics instead of raw GPS data. The system uses sophisticated algorithms to calculate comparative metrics that can serve use cases like congestion levels. These services can include traffic diversion and optimal traffic light timing deployment.

    For more sophisticated parameters like queue length and waiting time, which are useful for optimal traffic light timing deployment, raw data processing is necessary.

    Similarly, smart city services like traffic emission estimation require information obtained from processing raw data. A traffic simulation tool like SUMO is used to create a digital twin, simulating real-world traffic scenarios with impressive accuracy.

    These metrics help in mapping congestion levels and can be used for different smart city services. The system can simulate real-time traffic situations, providing a dynamic view of traffic flow and congestion.

    With inputs from IANS

  • Upset after being fired, Indian techie in Singapore hacks former company’s system, causing SGD 918K loss

    Hacker
    The hacker accessed the NCS system and ran a pc script that might delete 180 digital servers. Representative picture courtesy: Pixabay/geralt

    An Indian techie named Kandula Nagaraju, 39, has been sentenced to jail by a Singapore court docket after he hacked into his former employer company’s system and triggered losses amounting to SGD 918,000. He did this as a result of he was very upset after being fired by the corporate.

    Reporting on the matter, the Singapore-based information outlet CNA stated that Nagaraju had hacked into the ex-employer’s pc programs and deleted 180 digital servers. On Monday, he was sentenced to 2 years and eight months in jail for unauthorised entry to pc materials.

    The convicted techie used to work with the digital and tech providers firm NCS, which terminated his contract in October 2022. His final day at work was November 16, 2022.

    While the explanation cited for the contract termination was poor work efficiency, Nagaraju felt “confused and upset” as a result of he believed that he had made “good contributions” to NCS.

    Unable to seek out one other job instantly in Singapore, he returned to India. For a number of months, he stayed in India, throughout which period — in January 2023 — he started to hack into the NCS pc system utilizing his private laptop computer. He was significantly concentrating on 180 digital servers, which he had entry to whereas he labored with NCS. These digital servers have been utilized by NCS for quality-testing new software program and packages earlier than launch, as a part of its providers.

    Even after he returned to Singapore in February 2023 with a brand new job, Nagaraju continued accessing the NCS system; he grew to become an NCS worker’s roommate and shared a Wi-Fi community.

    In March 2023, he accessed the NCS system, and ran a pc script that might delete the 180 digital servers.

    The firm did not troubleshoot, and suspected some type of sabotage. In April 2023, the corporate took the case to the Singapore Police Force. Through its personal investigations, NCS had discovered some suspicious IP addresses, which have been handed over to the police.

    Soon sufficient, the probe led the police to Nagaraju, and his laptop computer had all of the proof of unauthorised accessing of the NCS system and the server deletion script. The precise quantity of losses suffered by NCS due to Nagaraju’s hacking and server deletion was SGD 917,832.

  • Upset after being fired, Indian techie in Singapore hacks former company’s system, causing SGD 918K loss

    Hacker
    The hacker accessed the NCS system and ran a pc script that might delete 180 digital servers. Representative picture courtesy: Pixabay/geralt

    An Indian techie named Kandula Nagaraju, 39, has been sentenced to jail by a Singapore court docket after he hacked into his former employer company’s system and brought on losses amounting to SGD 918,000. He did this as a result of he was very upset after being fired by the corporate.

    Reporting on the matter, the Singapore-based information outlet CNA stated that Nagaraju had hacked into the ex-employer’s pc programs and deleted 180 digital servers. On Monday, he was sentenced to 2 years and eight months in jail for unauthorised entry to pc materials.

    The convicted techie used to work with the digital and tech companies firm NCS, which terminated his contract in October 2022. His final day at work was November 16, 2022.

    While the explanation cited for the contract termination was poor work efficiency, Nagaraju felt “confused and upset” as a result of he believed that he had made “good contributions” to NCS.

    Unable to search out one other job instantly in Singapore, he returned to India. For a number of months, he stayed in India, throughout which era — in January 2023 — he started to hack into the NCS pc system utilizing his private laptop computer. He was notably concentrating on 180 digital servers, which he had entry to whereas he labored with NCS. These digital servers have been utilized by NCS for quality-testing new software program and packages earlier than launch, as a part of its companies.

    Even after he returned to Singapore in February 2023 with a brand new job, Nagaraju continued accessing the NCS system; he turned an NCS worker’s roommate and shared a Wi-Fi community.

    In March 2023, he accessed the NCS system, and ran a pc script that might delete the 180 digital servers.

    The firm did not troubleshoot, and suspected some type of sabotage. In April 2023, the corporate took the case to the Singapore Police Force. Through its personal investigations, NCS had discovered some suspicious IP addresses, which have been handed over to the police.

    Soon sufficient, the probe led the police to Nagaraju, and his laptop computer had all of the proof of unauthorised accessing of the NCS system and the server deletion script. The actual quantity of losses suffered by NCS due to Nagaraju’s hacking and server deletion was SGD 917,832.

  • Retail investors turn new power players in Indian stock market [details]

    INVESTMENT

    Retail investors, together with High Net Worth Individuals (HNIs), have emerged because the driving power in the Indian stock market, outpacing Foreign Institutional Investors (FIIs) and different massive investors.

    This development was notably evident in the course of the market rally on June 3, 2024, when retail investors offered shares price Rs 8,588 crore, whereas FIIs and mutual funds invested greater than Rs 10,000 crore.

    Despite the Nifty falling 5.9 per cent on June 4, 2024, retail investors demonstrated their optimism and shopping for power by buying fairness price Rs 21,179 crore. The emergence of retail investors as trendsetters in the Indian stock market is a big growth, and their affect is more likely to form market tendencies and funding methods in the years to return.

    The aftermath of the Covid-19 pandemic has caused a big shift in the Indian stock market’s investor base. Retail investors, together with High Net Worth Individuals (HNIs), have emerged because the driving power in the market, outpacing Foreign Institutional Investors (FIIs) and different massive investors. This shift is a testomony to the strategic decision-making and well timed actions of retail investors, who’ve demonstrated their potential to navigate the market’s volatility and capitalize on alternatives.

    This development was notably evident in the course of the market rally on June 3, 2024, triggered by the Exit Polls. On today, retail investors offered shares price Rs 8,588 crore, whereas FIIs and mutual funds invested greater than Rs 10,000 crore. This divergence in funding actions underscores the unbiased decision-making of retail investors, who aren’t swayed by the actions of institutional investors.

    The affect of retail investors was additional highlighted on June 4, 2024, the day the outcomes of the 2024 Lok Sabha elections have been declared. Despite the Nifty falling 5.9 per cent, retail investors demonstrated their optimism and shopping for power by buying fairness price Rs 21,179 crore. In distinction, FIIs and mutual funds offered fairness price Rs 12,511 crore and Rs 6,249 crore respectively.

    Metal stocks lead spurt in Sensex

    IANS

    The day after the election outcomes, retail investors continued their funding spree, injecting Rs 3,006 crore into the market. Meanwhile, FIIs offered fairness price Rs 6,481 crore, and mutual funds invested Rs 2,672 crore. These figures underscore the numerous position retail investors are taking part in in the Indian stock market, with their aggressive shopping for offsetting the massive sell-offs by FIIs.

    Market consultants have famous this shift, stating, It is vital to grasp that the main driving power in this bull market, are the Indian retail investors, together with HNIs. Big promoting by FIIs is getting eclipsed by the aggressive shopping for of DIIs and retail investors. This assertion not solely acknowledges the affect of retail investors but additionally highlights their contribution to the present bull market.

    In addition to direct fairness investments, retail investors are additionally more and more investing in Systematic Investment Plans (SIPs). The common month-to-month SIP determine has reached round Rs 20,000 crore, indicating an increase in retail investor participation and their long-term funding outlook.

    This development of retail investors main the market just isn’t an remoted phenomenon. In the previous, retail investors have performed a big position in driving market tendencies. For occasion, in the course of the 2008 monetary disaster, retail investors in the US have been instrumental in driving the restoration of the stock market. Their aggressive shopping for helped stabilize the market and set the stage for the next bull run.

    In conclusion, the emergence of retail investors as trendsetters in the Indian stock market is a big growth. Their strategic decision-making, well timed actions, and aggressive shopping for haven’t solely helped them capitalize on market alternatives but additionally pushed the present bull market. As the Indian stock market continues to evolve, the position of retail investors is predicted to turn out to be much more outstanding. Their affect is more likely to form market tendencies and funding methods in the years to return. This shift in market dynamics underscores the rising power and affect of retail investors in shaping the way forward for the Indian stock market.

  • Four Indian medical students die after drowning in river in Russia, one rescued

    Four Indian students drown to death in Russian river
    Four Indian students drown in River in Russia. Representative Photo Courtesy: Unsplash

    Four Indian medical students died after drowning in a river in Russia’s Veliky Novgorod, the Ministry of External Affairs stated on Friday (June 7, 2024).

    A fifth scholar was recovered from the river.

    “In the incident, a fifth Indian scholar was saved from drowning and is presently receiving medical consideration,” learn the assertion issued by the MEA.

    “Our Consulate in St. Petersburg stays in contact with the college and native authorities and is offering all attainable help,” the assertion stated.

    “Local emergency companies have to date recovered two useless our bodies from the Volkhov river,” the assertion stated.

    Officials are looking for the remaining two our bodies of the drowned Indian nationals.

    MEA stated the 5 students concerned in the accident belong to the Jalgaon district of Maharashtra.

    “Our Consulate in St. Petersburg is coordinating with native authorities for the repatriation of the mortal stays. The Consulate continues to be in contact with the households and the district administration in Jalgaon, Maharashtra,” the assertion stated.

  • Yokogawa Acquires Indian Flowmeter Manufacturer Adept Fluidyne


    From L- Hiroshi Kusuyama, Deputy Director, Yokogawa Product Headquarter, Sajiv Nath Vice President, Yokogawa Electric-Japan, Regional Chief Executive -South Asia, Managing Director Yokogawa India Limited and Vinayak Gadre, Managing Director for Adept Fluidyne Pvt Ltd and Katsuya Ikezawa, Executive Director, Yokogawa India Limited at a press conference for acquisition of Adept Fluidyne Pvt Ltd.

    PUNE: Yokogawa India Limited announces that parent company Yokogawa Electric Corporation of Japan has completed the acquisition of Adept Fluidyne Pvt. Ltd. (“Adept”), one of the largest Indian manufacturers of magnetic flowmeters in India. Company officials present for the announcement: Sajiv Nath, Vice President, Yokogawa Electric-Japan, Regional Chief Executive -South Asia, Managing Director Yokogawa India Limited, and Vinayak Gadre, Managing Director for Adept Fluidyne Pvt Ltd.

    Yokogawa supports the operations of water and wastewater treatment companies, oil & gas conglomerates, and customers in chemicals and petrochemicals, fertilizers, pharmaceuticals and life sciences, metals & mining, power, food & beverage, and other sectors. Yokogawa established a local subsidiary in India in 1987 and, since then, has been delivering control systems and field instruments for plants in the energy industry, as well as remote monitoring for water supply and wastewater networks and control systems for water treatment facilities. Yokogawa also has systems engineering teams and an R&D center in India that support its global operations.

    Flowmeters are an essential industrial instrument that can measure the flow rates and, with some products, the density and temperature of liquids, gases, and steam. Various measurement technologies are available depending on the purpose of measurement, the type and condition of the fluid or gas, and the measurement conditions. With the rapid expansion of India’s industrial sector under the Government of India’s ‘Make in India’ initiative, which aims to transform India into a global manufacturing hub by encouraging both multinational and domestic companies to manufacture their products within the country, the demand for flowmeters continues to grow. This growth is further fueled by the adoption of Agile manufacturing practices, which enhance the responsiveness and efficiency of production processes in various industries.

    Moving forward, Yokogawa intends to enhance Adept’s manufacturing capabilities and certified flow calibration facilities in Pune to enable local production of its lineup of magnetic flowmeters that align with its global quality standards. Yokogawa will also continue to provide Adept’s range of flowmeters through both companies’ sales networks.

    Sajiv Nath, Vice President, Yokogawa Electric-Japan, Regional Chief Executive -South Asia, Managing Director Yokogawa India Limited shares, “We are committed to the Indian market as we firmly believe in ‘Make in India’. It is exciting to be a part of India’s sustainable transformation growth trajectory. Today marks a pivotal moment in our company’s history as we announce the acquisition of Adept. We embark on a journey of innovation and growth, combining the best Indian expertise with Japanese quality and excellent ingenuity, all under the spirit of ‘Make in India”.

    Vinayak Gadre, Managing Director, Adept Fluidyne Pvt adds, “Adept is glad to become a part of the Yokogawa family. Established in 1983, Adept has manufactured magnetic flowmeters for over 30 years and introduced ultrasonic flowmeters in 2010. We have supplied over 70,000 flowmeters to various industry sectors, including water and wastewater. Additionally, Adept offers IoT gateways, smart water meters, and flowmeter calibration services. With an expanding sales network across India, Adept has secured significant public and private sector orders and exports to customers in over 25 countries.“