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The Department of Social Justice and Empowerment has been allocated Rs 13,539 crore in the 2024-2025 budget, an increase of 37 per cent from the 2023-2024 revised estimates of Rs 9,853.32 crore. This increase is primarily focused on enhancing <keyword id="20312810" type="General" weightage="20" keywordseo="welfare-programmes" source="keywords">welfare programmes</keyword> for <keyword id="21384605" type="General" weightage="20" keywordseo="marginalised-communities" source="keywords">marginalised communities</keyword> and improving infrastructure for social services. The key areas of funding include Rs 9,549.98 crore for the 'Umbrella Scheme for Development of Scheduled Castes', a significant increase from the Rs 6,780 crore in the previous financial year. For achieving social justice comprehensively, the saturation approach of covering all eligible people through various programmes, including those for education and health, will be adopted, Finance Minister <keyword id="19916618" type="General" weightage="20" keywordseo="Nirmala-Sitharaman" source="keywords">Nirmala Sitharaman</keyword> said on Tuesday while presenting the 2024-25 Union Budget in Parliament. She said to ensure <keyword id="22517725" type="General" weightage="20" keywordseo="inclusive-human-resource-development" source="keywords">inclusive human resource development</keyword>, a social justice saturation approach will be adopted. Social justice through the saturation approach refers to a strategy where the government aims to ensure that all eligible individuals are covered by various programmes and initiatives. The department has been allocated Rs 2,150 crore for the 'Umbrella Programme for Development of Other Vulnerable Groups' and Rs 314 crore for the National Action Plan for Drug Demand Reduction. The establishment expenditure of Rs 145.80 crore for the central administration includes allocations for the secretariat and national commissions. The amount is a slight decrease from the previous year's Rs 152.60 crore. The National Commission for Scheduled Castes has been allocated Rs 38 crore and the National Commission for Backward Classes Rs 21 crore. The budget of the Development and Welfare Board for Denotified, Nomadic and Semi-Nomadic Communities remains at Rs 5 crore. Central sector schemes and projects are among the focus areas of this budget, with the <keyword id="22517726" type="General" weightage="20" keywordseo="scholarships-for-higher-education" source="keywords">Scholarships for Higher Education</keyword> for Young Achievers Scheme for Scheduled Castes being allocated Rs 428 crore. This scheme encompasses various sub-schemes, including the National Fellowship for SCs, Free Coaching for SCs and OBCs, Top Class Education for SCs and the National Overseas Scholarship for SCs. The Scheme of Residential Education for Students in High School in Targeted Areas for SCs has been allocated Rs 133.07 crore. The department also prioritises <keyword id="22024434" type="General" weightage="20" keywordseo="economic-assistance" source="keywords">economic assistance</keyword> and <keyword id="20068989" type="General" weightage="20" keywordseo="skill-development" source="keywords">skill development</keyword> through initiatives like the Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi Yojana -- that has been allocated Rs 130 crore -- and the <keyword id="20245482" type="General" weightage="20" keywordseo="venture-capital-fund" source="keywords">Venture Capital Fund</keyword> for SCs and OBCs -- that has bee allocated Rs 50 crore. Additionally, the Self Employment Scheme for Rehabilitation of Manual Scavengers, which previously had allocations, does not feature in the current budget, indicating a possible reallocation of funds or a change in strategy. Support for marginalised individuals, particularly through the Support for Marginalized Individuals for Livelihood and Enterprise programme, which includes comprehensive rehabilitation for persons engaged in begging and welfare of transgender persons, has been allocated Rs 98.46 crore. This marks a substantial increase from the previous year's Rs 32.82 crore, highlighting a growing commitment to addressing these vulnerable groups' needs. Transfers to states and Union Territories under centrally sponsored schemes form a major part of the budget.

Budget: Rs 13,539 cr allocated to social justice department, 37% higher than last year

According to a new analysis, <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> contributed $1.28 billion in <keyword id="20000757" type="General" weightage="20" keywordseo="climate-finance" source="keywords">climate finance</keyword> through <keyword id="20401772" type="General" weightage="20" keywordseo="multilateral-development-banks" source="keywords">multilateral development banks</keyword> (MDBs) in 2022, surpassing the contributions of many developed countries. The study, conducted by the UK-based think tank ODI and the <keyword id="23038658" type="General" weightage="20" keywordseo="Zurich-Climate-Resilience-Alliance" source="Orion">Zurich Climate Resilience Alliance</keyword>, comes amid a renewed push by some developed countries to broaden the donor base for climate finance to include developing countries like China and <keyword id="50996" type="General" weightage="20" keywordseo="Saudi-Arabia" source="Orion">Saudi Arabia</keyword>. The report reveals that only 12 developed countries provided their fair share of international climate finance in 2022. These countries are -- Norway, France, Luxembourg, Germany, Sweden, Denmark, Switzerland, Japan, the Netherlands, Austria, Belgium and Finland. Researchers noted that the significant gap in climate finance is largely due to the United States failing to contribute its fair share. Australia, Spain, Canada and the United Kingdom also performed relatively poorly in this regard. The analysis has identified the top 30 non-Annex II countries that provided substantial climate finance to developing countries in 2022 through multilateral contributions to development banks and climate funds. This group includes former economies in transition like Poland and Russia, countries that have achieved high-income status since 1992, such as Chile, Kuwait, Saudi Arabia and South Korea, and middle-income countries with large populations, including Brazil, China, India, Indonesia, Mexico, Nigeria, the Philippines and Pakistan. India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022, a sum larger than what was contributed by some developed countries like Greece ($0.23 billion), Portugal ($0.23 billion), Ireland ($0.3 billion) and New Zealand ($0.27 billion). China provided $ 2.52 billion in climate finance through MDBs in 2022, Brazil gave $ 1.135 billion, South Korea gave $1.13 billion and Argentina gave $1.01 billion. According to the United Nations Framework Convention on Climate Change (<keyword id="21931277" type="General" weightage="20" keywordseo="UNFCCC" source="keywords">UNFCCC</keyword>), adopted in 1992, high-income, industrialised countries (referred to as Annex-II countries) are responsible for providing finance and technology to help developing countries combat and adapt to climate change. These countries, including the US, Canada, Japan, Australia, New Zealand and European Union (EU) member states, such as Germany, France and the UK, have historically benefitted from industrialisation and contributed the most to greenhouse gas emissions. At COP15 in Copenhagen in 2009, these developed countries pledged to jointly provide $100 billion each year by 2020 to help developing countries mitigate and adapt to climate change. However, this target has not been fully met, leading to a significant finance gap. This shortfall has eroded trust and hindered climate action in developing countries. In May, the Organisation for Economic Cooperation and Development (<keyword id="19916574" type="General" weightage="20" keywordseo="OECD" source="keywords">OECD</keyword>) claimed that developed countries had met the long-standing $ 100 billion-a-year promise by providing nearly $ 116 billion in climate finance to developing countries in 2022, with nearly 70 % of the money given in the form of loans. The ODI researchers pointed out that many developed countries, despite performing well in terms of climate-finance contributions, would make "markedly less progress towards meeting their fair share if the finance provided was accounted for on grant-equivalence terms" -- in other words, if it reflected their real fiscal effort. The report calls for the inclusion of a "burden-sharing mechanism" in the New Collective Quantified Goal (NCQG) to provide clarity on each country's obligations and hold countries accountable. The NCQG refers to the new, larger amount that developed nations must mobilise annually, starting 2025, to support climate action in developing countries. Countries are expected to finalise the NCQG at this year's UN climate conference -- <keyword id="20082972" type="General" weightage="20" keywordseo="COP29" source="keywords">COP29</keyword> -- in Baku, Azerbaijan in November. The current $100 billion annual climate-finance goal is a collective commitment by developed countries. Its collective nature has meant that individual developed countries are not accountable for specific sums of money, potentially reducing the overall amount of climate finance provided due to the lack of individual scrutiny. The inclusion of a burden-sharing arrangement among developed countries could potentially strengthen the NCQG by fostering greater accountability and trust among parties, according to the ODI researchers. Many developing countries, including India, have recently advocated for such an arrangement to enhance accountability among developed countries.

India provided more climate finance in 2022 than many rich nations, noted recent report

Remember the pictures of Indian Prime Minister Narendra Modi and Russian President Vladimir Putin locked in a good-natured embrace that had surfaced on the internet not long ago? While they might not be indicative of the leaders’ alignment in their politics, it is certainly representative of the close ties between India and Russia on multiple strategic aspects, including their respective space programs. The two nations have been mostly pally with each other since India’s post-independence — despite tensions between the US and USSR. And what is perhaps the best example of this friendship would be how the Soviet Union has contributed to the establishment and growth of India's space program. <div type="Article" hostid="261" msid="111577453" title="Modi&amp;#39;s Russia visit shows India isn&amp;#39;t worried about making the US mad" mstype="2" mssubtype="0"></div>India's space program, conceived in the 1960s under the visionary leadership of Dr <keyword id="20550009" type="General" weightage="20" keywordseo="vikram-sarabhai" source="keywords">Vikram Sarabhai</keyword>, was primarily focused on utilising space technology for national development. Unlike the space programs of the United States or the Soviet Union, which were heavily influenced by military competition and the Cold War, India's space endeavours were rooted in civilian and developmental objectives. Recognising the potential of space technology, India sought international cooperation, and the Soviet Union emerged as a crucial partner. As India celebrates its first <keyword id="18542869" type="General" weightage="20" keywordseo="national-space-day" source="Orion">National Space Day</keyword>, we would be remiss to not acknowledge all that Russia has done for our nation in terms of space exploration. And here are seven examples of the USSR's involvement during <keyword id="19915124" type="General" weightage="20" keywordseo="ISRO" source="keywords" meta.keywordsubtype="org" meta.entityname="ISRO" meta.hostid="261" meta.entityid="ISRO">ISRO</keyword>'s early years, with multiple instances of assistance. <h2>1. Aryabhata satellite (1975) </h2>The USSR was instrumental in the launch of India's first satellite, Aryabhata, in 1975. While the satellite was designed and developed by Indian scientists, it was launched using a Soviet Kosmos-3M rocket from the Kapustin Yar launch site in Russia. This marked India's first step into space and would not have been possible without Soviet support. <h2>2. Training of ISRO scientists</h2>Throughout the 1960s and 1970s, many Indian space scientists received training in Soviet institutions. This included training in areas like satellite communications, telemetry, and space mission operations. The transfer of technical knowledge was crucial for ISRO as it developed its own capacity to build and operate satellites independently. <h2>3. Bhaskara-I and Bhaskara-II satellites (1979 and 1981)</h2>The USSR launched two Indian Earth observation satellites, Bhaskara-I and Bhaskara-II, which were crucial for remote sensing applications in areas like meteorology, oceanography, and hydrology. Both satellites were launched aboard Soviet rockets, contributing to India's development of satellite-based Earth observation capabilities. <div type="Article" hostid="261" msid="109511778" title="US satellites could face threat from Russia and China&amp;#39;s &amp;#39;unfriendly&amp;#39; space behavior, warn defense analysts" mstype="2" mssubtype="0"></div><h2>4. Launch of apple satellite (1981)</h2>The Ariane Passenger Payload Experiment (APPLE) satellite, India's first experimental communication satellite, was launched in 1981 with Soviet assistance. While the satellite was launched aboard a European Ariane rocket, the Soviet Union provided crucial technical support during its development and also supported telemetry during its early operations. <h2>5. Tracking and telemetry support</h2>The USSR provided technical and infrastructural support to India by helping set up tracking and telemetry stations in India. These facilities were essential for controlling and receiving data from Indian satellites. Soviet technical assistance helped India develop its ground infrastructure for space missions. <h2>6. Interkosmos program (1984) </h2>Under the Soviet Union's Interkosmos program, India participated in a manned spaceflight mission. Rakesh Sharma, an Indian Air Force pilot, was sent into space aboard the Soviet Soyuz T-11 spacecraft, making him the first Indian to travel to space. This was a landmark event for India's space program, showcasing the close collaboration between ISRO and the Soviet space agency. <h2>7. Support for PSLV development</h2>In the early 1990s, during the development of ISRO's Polar Satellite Launch Vehicle (PSLV), the Soviet Union provided guidance and support, particularly in rocket propulsion technology. This collaboration helped ISRO overcome technical hurdles and achieve greater self-reliance in launching satellites. The dissolution of the Soviet Union in 1991 marked the end of an era in Indo-Soviet space collaboration. However, the legacy of the USSR's contributions to ISRO continues to influence India's space program. Russia, as the successor state of the Soviet Union, maintained friendly ties with India, and space collaboration continued, albeit with a different focus and scale. India’s manned space mission project, Gaganyaan, which aims to send Indian astronauts into space, involves training astronauts in Russia, demonstrating the lasting legacy of <keyword id="22892657" type="General" weightage="20" keywordseo="Indo-Soviet-space-cooperation" source="keywords">Indo-Soviet space cooperation</keyword>. <div type="Article" hostid="261" msid="112569406" title="ISRO targets first Gaganyaan mission launch by December: Chairman" mstype="2" mssubtype="0"></div>

7 times Russia aided India's space program — in chronological order

With hundreds of finger-licking preparations, India loves chicken in a way that may be indescribable to a non-resident. However, with the way things are progressing in the avian world, we could soon see a surge in disdain for the delectable meat, and in perhaps the same way the masses denounced bats during the COVID-19 pandemic. In a surprising and alarming twist, <a href="http://dx.doi.org/10.1038/s41586-024-07849-4">new research</a> has found that <keyword id="20633083" type="General" weightage="20" keywordseo="avian-influenza" source="keywords">avian influenza</keyword>, or <keyword id="20396857" type="General" weightage="20" keywordseo="bird-flu" source="keywords">bird flu</keyword>, has jumped from birds to dairy cattle across many parts of the United States. Initially detected in wild birds, the <keyword id="21348322" type="General" weightage="20" keywordseo="H5N1" source="keywords">H5N1</keyword> had led to symptoms like reduced appetite, respiratory distress, and a significant drop in milk production. "This is one of the first times that we are seeing evidence of efficient and sustained mammalian-to-mammalian transmission of highly pathogenic avian influenza H5N1," said Diego Diel, a virology expert who has written extensively about the topic. As per the new report, significant amounts of the virus has now been identified in the mammary glands of infected cows, meaning their milk itself has the ability to infect others. Researchers have even documented cases where cats and a raccoon became infected, likely from consuming the raw milk from infected cows. Although pasteurisation has shown the ability to kill the virus, the newfound ability to jump from cows to other mammals remains particularly troubling, especially considering how reliant we are on cow products such as beef and milk. <h2>Human cases and <keyword id="22448349" type="General" weightage="20" keywordseo="pandemic-potential" source="keywords">pandemic potential</keyword></h2>If you’re feeling comfortable in the thought that the virus has some ways to go before humans need to be concerned, you might want to think again. So far, 11 human cases have already been reported in the US, primarily linked to cattle and <keyword id="20524711" type="General" weightage="20" keywordseo="poultry-farms" source="keywords">poultry farms</keyword>. While these cases have resulted in mild symptoms, experts worry that the virus could mutate, enhancing its transmissibility among humans. This possibility is a significant concern for scientists and health authorities. <div type="Article" hostid="261" msid="109054967" title="Scientists warn of bird flu pandemic that could be &amp;#39;100 times worse&amp;#39; than COVID after rare human case found in US" mstype="2" mssubtype="0"></div>Further, as viruses do, H5N1 is already evolving at a rapid pace. A <a href="https://dx.doi.org/10.1101/2024.07.14.603367">separate study </a>led by researchers at UNC Charlotte found that the latest variants of H5N1 are getting better at evading antibodies, including those in humans. According to the researchers, these mutations could potentially lead the virus towards pandemic status if it continues to adapt and spread among mammals. <h2>Will developing nations be able to cope?</h2>Given these developments, continuous monitoring of the virus in both animals and humans is critical. The US Department of Agriculture has funded H5N1 testing programs to detect and manage outbreaks early. Enhanced biosecurity measures and quarantine protocols will undoubtedly be critical to prevent the virus from spreading to pandemic levels. However, this is a task much easier said than done for developing countries, who often lack the infrastructure and resources needed for such robust surveillance and response. Many of these countries have limited access to advanced diagnostic tools, vaccines, and antiviral treatments. This disparity leaves large portions of the global population vulnerable to the spread of H5N1. <div type="Article" hostid="261" msid="110941217" title="WHO confirms human case of bird flu in India! H9N2 virus detected in a four-year child in West Bengal" mstype="2" mssubtype="0"></div>The World Health Organization has repeatedly stressed the need for global cooperation and support to strengthen health systems in underprepared regions. Without adequate resources, these countries may struggle to detect and contain the virus, potentially allowing it to spread unchecked. This not only endangers local populations but also increases the risk of a global pandemic. The implications of these studies are clear: the H5N1 virus is moving closer to pandemic potential. As it spreads among mammals, the risk of it adapting to humans increases. The world needs to prepare now to avoid being caught off guard, as was the case with the COVID-19 pandemic.

Cows are now spreading bird flu to each other — here's why that's problematic for humans

<ul><li><keyword id="19912297" type="General" weightage="100" keywordseo="Nvidia" source="keywords" meta.keywordsubtype="org" meta.entityname="Nvidia" meta.hostid="261" meta.entityid="Nvidia">Nvidia</keyword> wants to partner with <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> to develop new <keyword id="20830356" type="General" weightage="20" keywordseo="AI-chip" source="keywords">AI chip</keyword></li><li>The discussions are in prelim stage</li><li>Nvidia hasn't announced anything officially</li></ul> When it comes to AI, Nvidia is one of the frontrunners in the race. In the last few months, we have heard ample reports about how much Nvidia's AI chips are in demand. Now, latest reports say that the tech giant is looking forward to partner with India and use its huge talent pool to develop a new AI chip. According to a report in ET, Nvidia is looking to forge a partnership with India to create a new semiconductor chip tailored to the nation’s technological needs. As per the report, this initiative was discussed earlier this year between <keyword id="19979316" type="General" weightage="20" keywordseo="Jensen-Huang" source="keywords">Jensen Huang</keyword>, Nvidia’s CEO, and Indian Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="Narendra-Modi" source="keywords">Narendra Modi</keyword>. The collaboration aims to blend India’s robust semiconductor design skills with Nvidia’s cutting-edge technology to meet the increasing demands of the Indian tech market. <div type="Article" hostid="261" msid="113902265" title="Nvidia’s ChatRTX could be your alternative to ChatGPT for reading long documents, and it doesn’t need an internet connection" mstype="2" mssubtype="0"></div> As Nvidia’s graphics processing unit (GPU) chips continue to play a crucial role in the AI revolution, the company’s valuation has skyrocketed, now standing as the second most valuable company globally. Ashwini Vaishnaw, India’s union minister for electronics and IT, confirmed that discussions are underway, although they remain in the early stages. He told ET, “Yes, we are discussing with Nvidia the development of an AI chip; discussions are at a preliminary stage.” Meanwhile, Nvidia has not said anything yet. With around 19% of the world’s chip designers based in India—many working for renowned global firms—Nvidia is reportedly eager to leverage this rich talent pool. The partnership would focus on developing chips that cater to specific requirements within India, including AI-driven solutions for government initiatives, enhancements in infrastructure, and support for startups. Meanwhile, <keyword id="20553835" type="General" weightage="20" keywordseo="huang" source="keywords">Huang</keyword> is scheduled to visit India soon, marking his annual trip, during which he hopes to deepen ties with the nation. <div type="Article" hostid="261" msid="114040583" title="I talked to an AI-powered NPC thanks to Nvidia! True to her character, she surprised me with her princess attitude" mstype="2" mssubtype="0"></div> The report added that the envisioned chip would be specifically tailored for Indian applications, potentially enhancing systems like the Kavach security initiative for Indian Railways. This collaboration aims to provide the government, startups, and various businesses with a chip that supports diverse applications in line with India’s AI mission. Currently, the government is working on details such as cost, benefits, and use cases related to this co-development effort. If this chip collaboration materialises, Nvidia plans to design the core components in partnership with firms like Arm or AMD, while Indian entities, including the <keyword id="20051560" type="General" weightage="20" keywordseo="centre-for-development-of-advanced-computing" source="keywords">Centre for Development of Advanced Computing</keyword> (C-DAC) and private firms, would handle the customisation of the top 10-20% of the chip design, the ET report added.

Nvidia eyes partnership with India to develop a new AI chip, all you need to know

<ul class="summary-list"><li>The UN Security Council met on Monday to press North Korea on nuclear non-proliferation.</li><li>Pyongyang had days earlier launched a new ICBM, which recorded North Korea's longest launch trajectory.</li></ul>Pyongyang went loud and proud on Monday about its plans for nuclear weapons as the United Nations grilled its representative over a recent missile launch."We will accelerate and will not let up on the build-up of our nuclear force that can counter any threat presented by hostile nuclear weapons states," said Kim Song, the North Korean ambassador to the UN, <a target="_blank" class="" href="https://www.youtube.com/watch?v=tbH_GEkkaw4">at a Security Council meeting.</a>"There will ever never be any change in this line," he added, referring to North Korea as a "responsible nuclear weapon state."Kim's statement comes as Japan reported that North Korea fired at least <a target="_blank" class="" href="https://www.reuters.com/world/asia-pacific/north-korea-fires-missile-south-korea-military-says-2024-11-04/">seven short-range ballistic missiles</a> from its east coast that ultimately fell into Japan-administrated waters.Launched on the eve of the US election, the missiles were characterized by Pyongyang as a response to recent joint military drills between the US, South Korea, and Japan involving their long-range bombers.Those joint drills were a signal to North Korea after its Thursday launch of what it said was a new solid-fuel intercontinental ballistic missile dubbed the <a target="_blank" class="" href="https://www.businessinsider.com/north-korea-new-icbm-missile-test-how-effective-2024-11">Hwasong-19</a>, which also landed in the Sea of Japan.Its trajectory was recorded as Pyongyang's longest-ever ballistic missile test, reaching an altitude of about 4,780 miles, though <a target="_blank" class="" href="https://www.businessinsider.com/russia-responsible-for-new-north-korea-icbm-weapon-experts-say-2023-8">previous tests</a> have extended further in latitudinal distance.The US, Japan, and South Korea have condemned the launch.In his comments to the UN, Kim said the Hwasong-19 had "no slightest negative impact on the security of the neighboring countries."The UN Security Council had met on Monday to discuss the Hwasong-19 launch and to press North Korea on nuclear non-proliferation, but Kim instead blasted the meeting as "unlawful.""Today, the nuclear threat of the United States against the DPRK has already reached a critical point in terms of its scale and dangerous level," he said.<h2 id="0a21b4c2-3483-489e-b89e-c50366c67c1b">The US says North Korea 'emboldened' by Russia and China</h2>The US, in turn, accused Russia and China of protecting North Korea."Shielded from closer scrutiny of its sanctions-violating activities by Moscow and Beijing, Pyongyang, unsurprisingly, has been emboldened to continue advancing its unlawful ballistic missile and nuclear WMD programs," said Robert Wood, the deputy US ambassador to the UN.North Korean ties with Russia have more recently come under the spotlight as Moscow <a target="_blank" class="" href="https://www.businessinsider.com/zelenskyy-ukraine-north-korean-troops-preemptively-long-range-strike-restrictions-2024-11">receives manpower</a> and arms from Pyongyang to fuel its war in Ukraine. South Korea said earlier this year that in return, North Korea has been acquiring food, raw materials, and tech expertise from Russia.Ukraine, the US, and the UK have estimated that as many as 10,000 North Korean troops may be embedded with Russian forces, and that at least <a target="_blank" class="" href="https://www.businessinsider.com/north-korean-troops-ukraine-russia-kursk-8000-front-lines-2024-11">8,000 may soon be deployed to the front lines.</a>NATO Secretary General Mark Rutte said the manpower injection has given Russia a crucial way to <a target="_blank" class="" href="https://www.businessinsider.com/russia-cant-sustain-ukraine-attack-without-north-korea-nato-chief-2024-10">sustain its attack on Ukraine</a>, where Moscow has been estimated to be losing about 1,000 soldiers a day.Meanwhile, the Kremlin appears to be struggling to recruit new Russian men for the war, with <a target="_blank" class="" href="https://www.businessinsider.com/russia-sign-up-bonuses-reaching-on-par-with-us-military-2024-7">soaring sign-up bonuses</a> in some cities indicating that the supply of applicants is running low.

North Korea told the UN point blank that it's speeding up nuclear weapons development

<ul class="summary-list"><li>Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported.</li><li>The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.</li></ul>Tech giant Intel is seeking an investor for a stake in its Altera subsidiary, <a target="_blank" class="" href="https://www.cnbc.com/2024/10/18/intel-seeks-billions-for-minority-stake-in-altera-business-sources-say.html">CNBC reported late Thursday,</a> citing people familiar with the matter.Intel is seeking a deal that values Altera at around $17 billion, per CNBC. The US company is looking to raise several billion dollars for at least a minority stake in Altera, according to the network.Intel has told some investors this week that it would be possible to acquire a majority stake in Altera, according to CNBC.The news comes as US chip giant Intel faces <a target="_blank" class="" href="https://www.businessinsider.com/intel-qualcomm-takeover-bid-layoffs-foundry-spin-off-2024-9">troubles</a> just as Washington is seeking to revitalize the country's chip industry for national security reasons.In March, President Joe Biden announced Intel would receive $8.5 billion in funding from the CHIPS Act. In September, Biden awarded another $3 billion to the company.However, <a target="_blank" class="" href="https://www.businessinsider.com/intel-struggles-qualcomm-deal-chip-industry-turmoil-2024-9">Intel still faces business challenges</a> that include manufacturing delays and falling behind in the AI race. The company's <a target="_blank" class="" href="https://markets.businessinsider.com/stocks/intc-stock">stock price</a> is down 55% this year to date.The <a target="_blank" rel=" nofollow" class="" href="https://www.wsj.com/business/deals/qualcomm-approached-intel-about-a-takeover-in-recent-days-fa114f9d">Wall Street Journal reported</a> in September that its competitor <a target="_blank" rel="" class="" href="https://www.businessinsider.com/qualcomm-intel-acquisition-chips-semiconductors-tsmc-2024-9">Qualcomm had approached Intel</a> about a takeover deal.Last month, Intel CEO Pat Gelsinger mentioned in a <a target="_blank" class="" href="https://www.intc.com/news-events/press-releases/detail/1710/a-message-from-intel-ceo-pat-gelsinger-to-employees">message to employees</a> that the company was looking to sell part of its stake in Altera to "carefully manage our cash as we meaningfully improve our balance sheet and liquidity."The sale of part of Intel's stake in Altera "has long been part of our strategy to generate proceeds for Intel on Altera's path to an IPO," Gelsinger said in his message.Intel's search for an investor in Altera comes in a big week for semiconductor companies. Dutch equipment maker <a target="_blank" href="https://markets.businessinsider.com/news/stocks/chipmakers-tumble-asml-guidance-semiconductor-nvidia-chip-growth-2024-10">ASML</a> and Taiwanese chip giant <a target="_blank" href="https://www.businessinsider.com/tsmc-earnings-taiwan-semiconductor-chip-ai-chip-demand-asml-china-2024-10">TSMC</a> both reported quarterly earnings that showed <a target="_blank" class="" href="https://www.businessinsider.com/asml-tsmc-earnings-demand-ai-chips-2024-10">AI chip growth</a> in the short to medium term.Intel did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Intel is seeking an investor for a stake in its Altera chip unit, CNBC reports

In India, Children’s Day is celebrated on November 14, while International Children’s Day, established by the United Nations, is observed globally on November 20. India initially marked Children’s Day on November 20, but this changed after the passing of Pandit <keyword id="6360386" type="General" weightage="20" keywordseo="Jawaharlal-nehru" source="Orion">Jawaharlal Nehru</keyword>, the country’s first Prime Minister and a prominent leader in the freedom movement. An anti-colonial nationalist, social democrat, and author, Nehru was instrumental in India’s independence struggle and a champion of parliamentary democracy, secularism, and advancements in science and technology. He served as Prime Minister for 17 years, guiding India’s post-independence growth and development. During his leadership, India maintained a neutral stance amid Cold War tensions and made significant strides in education and other key areas, shaping the nation’s future trajectory. Nehru had a deep affection for children and placed immense trust in their potential. He saw them as invaluable treasures and the nation’s future, capable of transforming the country’s future. Because of this belief, he emphasised the importance of their education, upbringing, and development, seeing their growth as vital to the nation’s progress. Children lovingly called him "Chachaji," a name by which he is still fondly remembered as "Chacha Nehru" by both children and adults today. Children’s Day also serves as a reminder of the importance of prioritising children’s well-being, ensuring that every child—regardless of economic, social, or political background—enjoys a safe and fulfilling childhood. This includes access to basic necessities like shelter, education, healthcare, and sanitation. Beyond these essentials, safeguarding children’s human rights is crucial. It’s our collective responsibility to protect them from harmful practices such as abuse, trafficking, and child labour. Given that millions of children in India are orphans, it is essential to protect and nurture their present to secure a bright future for them and for the nation. To celebrate this day with your loved ones, here are heartfelt wishes and messages that will bring joy and positivity this Children’s Day. <h2>Children’s Day Wishes</h2><ul><li><keyword id="1451428" type="General" weightage="20" keywordseo="Happy-Childrens-Day" source="Orion">Happy Children’s Day</keyword>! May you sparkle and shine with happiness always! </li><li>To the joy-bringers, the dreamers, and the pure-hearted—Happy Children’s Day! </li><li>May your childhood be filled with love, laughter, and endless joy. Happy Children’s Day! </li><li>Every child is a miracle. You are our little star. Happy Children’s Day! </li><li>May you grow up to achieve all that you dream and more! Happy Children’s Day. </li><li>Wishing you the happiest, brightest Children’s Day ever! </li><li>May your innocence and laughter light up the world. Happy Children’s Day! </li><li>Here’s to the magical, carefree years of childhood! Enjoy it to the fullest. </li><li>Happy Children’s Day! May you always have a reason to smile. </li><li>Childhood is precious. Live every moment and make beautiful memories. Happy Children’s Day! </li><li>Wishing you oceans of joy and a sky full of dreams. Happy Children’s Day! </li><li>You are the stars of tomorrow. Shine bright, little ones! Happy Children’s Day! </li><li>May your imagination lead you to magical places. Happy Children’s Day! </li><li>Happy Children’s Day to the sweetest kids who make our world so much brighter! </li><li>To the wonder-makers, the adventurers, the joyful souls—Happy Children’s Day! </li><li>May your life be filled with dreams, love, and laughter. Happy Children’s Day! </li><li>Here’s to the laughter, the smiles, and the endless joy of childhood! </li><li>May every little child feel special, cherished, and loved. Happy Children’s Day! </li><li>Wishing all the happiness and joy to the little hearts of the world! </li><li>May you always have a smile on your face and a song in your heart. </li><li>You bring joy to the world just by being you. Happy Children’s Day! </li><li>Every child is a treasure, and you are the most precious. Happy Children’s Day! </li><li>May your days be filled with colour, joy, and wonderful memories. Happy Children’s Day! </li><li>You are the hope of tomorrow, and you bring so much joy today. Happy Children’s Day! </li><li>Wishing you laughter, play, and endless joy. Have a fantastic Children’s Day! </li><li>To the world’s sweetest souls, may you always find happiness. Happy Children’s Day! </li><li>Here’s to a day filled with dreams, games, and smiles. Happy Children’s Day! </li><li>Keep shining, keep laughing, and keep being amazing! Happy Children’s Day! </li><li>May you live every day with the wonder and joy of childhood. Happy Children’s Day! </li><li>To the most wonderful part of life—children! Have a beautiful Children’s Day! </li></ul><h2>Messages for <keyword id="23888689" type="General" weightage="20" keywordseo="Childrens-Day-2024" source="Orion">Children’s Day 2024</keyword></h2>On this day, let’s honour Pandit Jawaharlal Nehru’s legacy and nurture the future of India—our children. Happy Children’s Day! November 14 is a reminder to cherish childhood and encourage the potential within every child. Wishing all a joyful Children’s Day! Let’s promise to protect, care for, and empower every child, giving them a happy, healthy future. Happy Children’s Day! This Children’s Day, let’s remember that every child has the right to education, love, and a life of happiness. November 14, a day to celebrate the joy of childhood and the dream of a brighter future. Happy Children’s Day! Happy Children’s Day! Let’s make every child feel safe, loved, and cherished not just today but always. Today let’s dedicate ourselves to creating a world where every child feels valued and heard. Happy Children’s Day! Celebrating the laughter and dreams of children across India on this special day, November 14. On this Children’s Day, let’s embrace the spirit of innocence, joy, and hope that every child brings to the world. Children are our tomorrow; let’s make sure they grow up with love, respect, and opportunities. Happy Children’s Day! SEE ALSO: <a href="https://www.businessinsider.in/travel/india/webstories/10-kid-friendly-heritage-trips-for-childrens-day-2024/slidelist/115210134.cms" data-type="tilCustomLink" target="_blank">10 kid-friendly heritage trips for Children’s Day 2024</a>

Happy Children’s Day 2024: Messages and heartfelt wishes for kids

<ul class="summary-list"><li>Malta, a small Mediterranean island that attracts <a target="_blank" href="https://www.businessinsider.com/sc/malta-safe-summer-travel-destination-europe-2021-7">wealthy tourists,</a> might be the next AI center.</li><li>It's using AI to automate tasks, improve education, and solve traffic issues.</li></ul>Silicon Valley isn't the only hotspot in the AI boom.Malta, a small island in the Mediterranean Sea, is leaning heavily into the technology. Its businesses, universities, and the government are embracing AI as a way to automate tasks, improve education, and even solve rush hour traffic jams.The country has a population of just over 500,000, but it already has 56 AI startups, according to startup tracker Tracxn Technologies. That's about 1 startup for every 9,500 people. Meanwhile, the United States, which has a population of over 330 million, has around 24,000 AI startups by Tracxn's count. Or 1 for about every 14,000 residents.The country has long made headlines as a <a target="_blank" href="https://www.businessinsider.com/sc/visit-malta-safely-this-holiday-season-2021-11">hot spot for wealthy tourists</a>. Its <a target="_blank" href="https://www.businessinsider.com/golden-visa-passport-malta-citizenship-by-investment-wealthy-americans-europe-2023-2">"golden passport,"</a> which gives rich foreigners citizenship in exchange for investing a certain amount of money in the country, was the second most sought-after foreign passport program for Americans last year.It also began pouring money into artificial intelligence before the ChatGPT-fueled AI arms race began.In 2019, Malta <a target="_blank" href="https://malta.ai/wp-content/uploads/2019/11/Malta_The_Ultimate_AI_Launchpad_vFinal.pdf">outlined a vision</a> to be the "Ultimate AI Launchpad" by 2030. The goal was for Malta to become "a place in which local and foreign companies and entrepreneurs can develop, prototype, test, and scale AI, and ultimately showcase the value of their innovations across an entire nation primed for adoption." AI would "springboard from Malta to the world."Those efforts stalled between the pandemic and a turn of the political administration. Now, under the <a target="_blank" href="https://www.businessinsider.com/european-union-trying-regulate-ai-artificial-intelligence-could-backfire-2024-3">EU's AI Act</a> — the region's sweeping AI legislation, which bans unacceptable use cases — Malta is working on a new AI strategy, <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-24/a-tiny-mediterranean-island-wants-a-piece-of-the-global-ai-frenzy">Bloomberg reported</a>.Those at the center of this renewed effort are focused on safely deploying the technology. They're developing initiatives to combat job displacement and ethical frameworks, for instance."Foresight in recognizing the importance of AI has given Malta a head start in the field of AI, and it continues to be a leader in the industry today," Alexiei Dingli, a professor of artificial intelligence at the University of Malta, who's leading Malta's endeavors, including the traffic jam project, told Bloomberg.

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