At the launch of Digital India FutureLABS Summit 2024, held at IIIT-Delhi, the technologies designed and developed by the Centre for Development of Advanced Computing (CDAC), under InTranSE Programme of Ministry of Electronics and Information Technology (MeitY) were transferred to these industries.
The move aims to add momentum to India's comprehensive national strategy for AI, strengthen efforts to be self-reliant in semiconductors, and advance National Quantum Mission.
In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications.
The Securities and Exchange Board of India-appointed Commodity Derivative Advisory Committee feels a detailed study is needed before approving commodity derivatives trading in the Gift City, sources told Moneycontrol.
In an interview to CNBC-TV18‘s Manisha Gupta, Mrugank Paranjpe of MCX, Samir Shah of NCDEX, Vijay Sardana – member of CDAC, Kunal Shah of Nirmal Bang Commodities and BK Sabharwal of CPAI speak about commodities and which of those are ready of options.
Speaking to CNBC-TV18 Mrugank Paranjpe, MD, MCX said that he believes the final contours for options trading from SEBI might come in 2 weeks.
The commodity derivatives advisory committee (CDAC) appointed by the market regulator Securities Exchange Board of India (SEBI) is meeting this month to firm up and shape regulations around options trading in commodity markets. The Sebi in-principle nod is already in place.
In an interview with CNBC-TV18, Mrugank Paranjape, MD & CEO, MCX, says that Donald Trump's win in the US presidential election took markets by surprise. But, now it has factored in the news and the markets did rebound.