Nvidia to invest $100 billion in OpenAI
Nvidia will invest up to $100 billion in OpenAI and supply it with data centre chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.
The move underscores the increasingly overlapping interests of the various tech giants developing advanced AI systems. The deal gives chipmaker Nvidia a financial stake in the world's most prominent AI company, which is already an important customer.
China to launch K Visa on Oct 1 to attract global STEM talent
From October 1, 2025, China will introduce a new K Visa aimed at recruiting overseas young science and technology talent. The move is timed to capitalise on US restrictions on the H-1B visa program, which make it harder for American companies to hire foreign workers.
Starting the 2026 H-1B visa season, US employers will be required to pay a one-time $100,000 fee for filing petitions to hire overseas workers. H-1B visas, a key route for highly skilled foreign workers in specialty occupations, allow holders to settle in the US, pursue a green card, and eventually obtain citizenship. The increased fees, which range from $1,000 to $100,000, have significantly reduced the likelihood of foreign workers securing US job offers.
Turn idle cash into returns: Jio Payments Bank's Savings Pro offers 6.5%
In an industry-first move, Jio Payments Bank Limited, a subsidiary of Jio Financial Services Limited, has introduced ‘Savings Pro’, a feature that allows customers to earn higher returns on surplus funds in their bank accounts through automated investments in overnight mutual funds. The initiative aims to turn idle balances into productive investments, offering a seamless, fully digital experience.
With Savings Pro, customers can upgrade their accounts in just a few clicks via the JioFinance app. Users set a threshold amount—starting at ₹5,000 during the initial launch—and any balance exceeding this amount is automatically invested into select ‘Growth’ plans of Overnight Mutual Funds, which carry low risk.
Karnataka launches Rs 1,000 crore LEAP to boost innovation
The Karnataka Department of IT/BTon Monday launched its Local Economy Accelerator Programme (LEAP) to promote innovation and entrepreneurship, especially in rural areas.
Revealing this to the TNIE, IT/BT Minister Priyank Kharge said the state government has announced an allocation of Rs 1,000 crore to implement the programme, which is expected to create five lakh jobs.
Priyank said LEAP was announced in this year’s budget. The aim is to create cluster-based economic accelerators outside Bengaluru. It could be exclusively IT and BT, IT/BT or electronics or skill development. It should not be limited to Bengaluru alone, but spread across the state. The government has announced Rs 1,000 crore for Phase I of LEAP, which is the first of its kind with so much funding.
India’s shipbuilding ambition takes shape with CSL’s MoU with HD Korea for Long-Term Shipbuilding Collaboration
State-owned shipbuilder, Cochin Shipyard Ltd (CSL), has signed a memorandum of understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a long-term strategic collaboration in shipbuilding.
Mint reported in April that CSL is in talks with Korean companies to build ships near its existing shipbuilding facility in Kerala.
This partnership seeks to combine CSL’s legacy, infrastructure, and domestic expertise with HD KSOE’s advanced technology and global experience, marking a significant step in strengthening India’s shipbuilding capabilities.
Visakhapatnam Declaration Charts Roadmap for India’s Digital Transformation
The 28th National Conference on e-Governance (NCeG), co-hosted by the Department of Administrative Reforms and Public Grievances (DARPG), the Ministry of Electronics and IT (MeitY), and the Government of Andhra Pradesh, concluded in Visakhapatnam on Tuesday with the adoption of the “Visakhapatnam Declaration.” The two-day conference outlined a forward-looking strategy to advance India’s e-Governance agenda.
At the valedictory session, Shri V. Srinivas, Secretary, Department of Administrative Reforms and Public Grievances (DARPG), lauded the Government of Andhra Pradesh for successfully hosting the conference outside the state capital after many years, terming it one of the most substantive e-Governance gatherings in recent times. He highlighted the wide participation from 18 ministries, states and union territories, and congratulated the winners of the National e-Governance Awards 2025. From the dais, he also launched the official website for the National e-Governance Awards 2026. Expressing gratitude to the officers and partner institutions who worked for over a year to make the event possible, Shri Srinivas underlined Andhra Pradesh’s innovative governance practices, including real-time governance and WhatsApp-based service delivery, as models worth replicating nationally.
Centre launches National Dhanwantari Ayurveda Awards to honour Ayurvedic doctors
The Ministry of Ayush has launched the National Dhanwantari Ayurveda Awards to celebrate outstanding contributions in the field of Ayurveda. These awards aim to encourage Ayurvedic doctors to continue advancing traditional medicine while inspiring young practitioners.
The awards will be given in five categories every year. The top award carries a cash prize of Rs 5 lakh, while others carry Rs 1 lakh each along with a citation and trophy.
Ayurveda Bhushan Award – Rs 5 lakh
Ayurveda Ratna Award – Rs 1 lakh
Ayurveda Gaurav Award – Rs 1 lakh
Ayurveda Yuva Award – Rs 1 lakh
Ayurveda Prashasti Patra Award – Rs 1 lakh
These categories cover recognition of senior doctors, young achievers, and notable contributions across Ayurveda practice, education, and research.
India, Morocco sign MoU on defence cooperation in Rabat to intensify defence industry collaboration
Defence Minister Rajnath Singh and Morocco’s Defence Minister Abdeltif Loudiyi signed a Memorandum of Understanding (MoU) on defence cooperation in Rabat yesterday. The MoU provides for a robust institutional framework for the growing partnership and paves the way for collaboration in the defence industry, joint exercises, military training and capacity building. Both leaders decided to intensify defence industry collaboration and agreed on a comprehensive roadmap covering counter-terrorism, maritime security, cyber defence, peacekeeping operations, military medicine, and expert exchanges. The discussions between the two Ministers reflected the shared resolve to further strengthen the longstanding friendship between India and Morocco.
Defence Minister Rajnath Singh also met Morocco’s Minister of Trade, Mr Ryad Mezzour, in Rabat. In a social media post, the Defence Ministry informed that during the meeting, Mr Mezzour highlighted the importance of enhancing industrial cooperation between India and Morocco, bound by a long-standing friendship. The Ministry added that the discussions centred on deepening partnerships in key sectors, including defence, pharmaceuticals, and chemicals.
Gram Panchayats Bag National e-Governance Awards 2025 for Pioneering Digital Service Delivery
In a significant move marking a pioneering step in grassroots digital governance, Gram Panchayats were today conferred with the National Awards for e-Governance (NAeG) 2025 under a newly instituted category dedicated to grassroots-level initiatives in digital service delivery. The Awards were conferred during the 28th National Conference on e-Governance (NCeG) in Visakhapatnam, Andhra Pradesh by Dr. Jitendra Singh, Minister of State, Prime Minister’s Office & MoS (Personnel, Public Grievances and Pensions). Earlier in the day, Shri N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, inaugurated the Conference and delivered the inaugural address.
After a rigorous multi-tier evaluation of more than 1.45 lakh entries nationwide, the following Gram Panchayats were awarded under the newly introduced category, “Grassroots-level initiatives in Gram Panchayats for deepening service delivery” :
Gold Award: Rohini Gram Panchayat, Dhule District, Maharashtra – Sarpanch Dr. Anandrao Pawara
Silver Award: West Majlishpur Gram Panchayat, West Tripura District, Tripura – Sarpanch Smt. Anita Deb Das
Jury Award: Palsana Gram Panchayat, Surat District, Gujarat – Sarpanch Shri Pravinbhai Parshottambhai Ahir
Jury Award: Suakati Gram Panchayat, Kendujhar District, Odisha – Sarpanch Smt. Kautuka Naik
Each award includes a trophy, certificate, and financial incentives of Rs.10 lakh (Gold) and Rs.5 lakh (Silver), to be reinvested in strengthening citizen-centric initiatives.
India elected to Interpol's Asian Committee
In a major boost to its international law enforcement efforts, India has been elected as a member of the INTERPOL Asian Committee. The election took place during the 25th Asian Regional Conference held in Singapore. India made it to the committee after a multi-stage voting process.
This marks a significant step in strengthening India’s role in global policing and security cooperation. The Asian Committee plays an important advisory role, supporting the Asian Regional Conference by identifying strategic crime-fighting priorities and enhancing police cooperation in the region.
India to amass global cooperation to tackle crimes
India’s membership is expected to advance collaboration in tackling key security challenges, including organised crime, cybercrime, terrorism, drug trafficking and human trafficking. The move reflects India’s growing commitment to the Global Policing Goals and its active participation in transnational law enforcement initiatives.