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We’ve all been there—hungry, scrolling through <keyword id="20299302" type="General" weightage="20" keywordseo="food-delivery" source="keywords">food delivery</keyword> apps, trying to satisfy our cravings. And among the many options, one name stands out: <keyword id="19901323" type="General" weightage="100" keywordseo="Zomato" source="keywords">Zomato</keyword>. And huge credit for this goes to those cheeky push notifications. A household name in India and many parts of the world, Zomato has become synonymous with food delivery. But have you ever wondered where the name “Zomato” actually came from and what is the reason behind those push notifications that seem to be flirting with you? <keyword id="19901325" type="General" weightage="20" keywordseo="Deepinder-Goyal" source="keywords">Deepinder Goyal</keyword>, the CEO of the <keyword id="23915877" type="General" weightage="20" keywordseo="food-tech-giant" source="keywords">food tech giant</keyword>, answered these questions on the latest episode of The <keyword id="21100902" type="General" weightage="20" keywordseo="Great-Indian-Kapil-Show" source="keywords">Great Indian Kapil Show</keyword> on Netflix. <h2>How was Zomato’s name born</h2>In a conversation with comedian Kapil Sharma, Goyal shared how the name “Zomato” was born out of necessity rather than creativity. The platform’s founders had originally envisioned the name to have something to do with “tomato” — a staple ingredient in many dishes, and a word that’s easily recognisable. But here’s the twist: when they went to register the domain, tomato.com was already taken! Not to be deterred, they simply tweaked the letter and came up with “Zomato” — a name that not only worked but ended up being memorable, too. The “Z” was added for that perfect tech-savvy ring to the name, and the rest, as they say, is history. And while Goyal didn’t spill the final details about whether it’s pronounced “Zomato” or “Zomaato,” he did confirm one thing — it’s all about how you want to say it. Just like a ripe tomato, the name has become part of the cultural fabric. The debate about the exact pronunciation, as seen in hilarious ads with cricketers Harbhajan Singh and Sreesanth, only adds to the charm. <h2>About Zomato’s <keyword id="23915874" type="General" weightage="20" keywordseo="cheeky-notifications" source="keywords">cheeky notifications</keyword></h2>That’s not all. The Zomato CEO also talked about another amusing aspect of the Zomato experience—those cheeky, flirtatious push notifications. We’ve all received a notification that says, “Your food is just 10 minutes away!” But did you ever stop to think about why Zomato’s notifications always seem to have a bit more personality? Well, it turns out the company’s marketing team, full of youthful energy and passion, took Deepinder’s advice to heart. He had asked them to “build a relationship with the customer,” inspired by a book he read—though he himself wasn’t entirely sure what that meant. The results? A fun, almost flirtatious tone that’s become a signature of Zomato’s communication style. “Our marketing team is very young. They don't have any background in marketing. They are passionate people. So, I briefed them one day to make a relationship with the customer. Even I didn't know what it meant. I don't have any marketing background. I read a book and it said to make a relationship with the customer. I told them. They took me seriously,” Goyal said during the show. So, next time you get that slightly cheeky notification from Zomato, you’ll know that it’s not just about food—it’s about building a connection with you.

I asked my young marketing team to 'make a relationship' with customers, they took me seriously: Zomato’s Deepinder Goyal on cheeky notifications

<keyword id="19901584" type="General" weightage="20" keywordseo="Saif-Ali-Khan" source="keywords">Saif Ali Khan</keyword>, Jr. NTR and <keyword id="19911182" type="General" weightage="20" keywordseo="Janhvi-Kapoor" source="keywords">Janhvi Kapoor</keyword> recently appeared on The Great Indian Kapil Show to promote their upcoming film Devara. Bits of the episode have been making rounds online and a certain clip caught our attention. In one of the clips from the show, Saif is seen explaining to the audience that he has stopped consuming parathas ever since his blood tests revealed that he was allergic to milk and bread. <div type="Youtube" id="YgOa2Zpig1Q" title="Triple the Laughter: Jr. NTR, Saif, Janhvi | The Great Indian Kapil Show | Bacha Hua Content" thumbUrl="https://i.ytimg.com/vi/YgOa2Zpig1Q/mqdefault.jpg"><url><![CDATA[https://www.youtube.com/watch?v=YgOa2Zpig1Q]]></url></div>His co-star Janhvi responded saying, “Yeh sab faaltu ke allergy test hote hain. Hum sab itne sadiyon se doodh, maida-vaida sab khaate aa rahe hain” (all these allergy tests are nonsense. We have been drinking milk and consuming flour for ages). While this may have been the young actor’s mostly harmless attempt at sounding relatable, gluten and <keyword id="20158013" type="General" weightage="20" keywordseo="lactose-intolerance" source="keywords">lactose intolerance</keyword> is a real health concern for millions of Indians. And taking these tests is among the most recommended ways to understand and alter our diets. <h2>Gluten allergy is not new in India, gluten is!</h2>A gluten allergy, often referred to as <keyword id="22227619" type="General" weightage="20" keywordseo="gluten-intolerance" source="keywords">gluten intolerance</keyword> or non-celiac gluten sensitivity (NCGS), is a condition where the immune system reacts negatively to gluten, a protein found in wheat, barley and rye. Unlike celiac disease, gluten sensitivity does not cause damage to the small intestine, but it can trigger uncomfortable symptoms such as bloating, diarrhoea, constipation, fatigue and headaches after consuming gluten-containing foods — such as bread. When asked if more and more Indians were reporting gluten allergies, nutritionist Dr Meghana Pasi explained that it wasn’t entirely true. “An increase in the Indians’ wheat consumption was a result of colonisation”, she said. Most Indians primarily consumed millet before the British’s influence and wheat became a staple in our diets roughly between 50-100 years ago. And it has taken a few decades to associate the discomfort many feel after consuming wheat with a gluten allergy. So, claiming that gluten consumption is perfectly okay since people in the past did it too, is infact entirely inaccurate. <h2>A significant proportion of Indians are lactose intolerant</h2>After Janhvi implies that these allergies are a hoax, Saif attempts to correct her saying, “Hum jab bade ho jate hai to sab cheezein nahi khani chahiye, bacho ko khani chhaiye ( We should refrain from eating certain things when we get older; kids should eat all of this).” In response Janhvi says, "Main toh doodh peeti hun (I still drink milk).” Anecdotal fallacy again. Sigh. Lactose intolerance is a digestive condition where the body is unable to fully digest lactose, the sugar found in milk and dairy products. This happens when the small intestine doesn't produce enough of the enzyme lactase, which is needed to break down lactose into simpler sugars for absorption. As a result, lactose passes undigested into the colon, where bacteria ferment it, causing symptoms like bloating, diarrhoea, gas and stomach cramps. The severity of symptoms varies, depending on how much lactose a person can tolerate. This author, for instance, needs just one pizza slice to develop a terrible gastric headache that leads to violent episodes of puking. Regarding her claim that we have been consuming milk for ages, India has seen a notable rise in lactose intolerance as dietary patterns evolve. Studies suggest that one-third of Indians may have some degree of lactose intolerance due to genetic factors. Historically, the diet in many parts of India included fermented or low-lactose dairy products like yogurt and paneer, which are easier to digest. However, the growing consumption of milk-based products and <keyword id="20490015" type="General" weightage="20" keywordseo="processed-foods" source="keywords">processed foods</keyword> may be contributing to more visible cases of lactose intolerance. Furthermore, even without the intolerance debate, science has shown that humans’ capacity to absorb milk decreases as we grow old. By the time we’re in our mid-thirties, these problems can manifest as gastrointestinal problems like irritable bowel syndrome (IBS) and gastro-esophagal reflux disease (GERD). So, while Janhvi Kapoor's casual dismissal of gluten and lactose allergies may have been made in jest, it brought forth a good opportunity to discuss a larger issue of misinformation about <keyword id="23476473" type="General" weightage="20" keywordseo="dietary-sensitivities" source="keywords">dietary sensitivities</keyword>. As allergies and intolerances become more widely understood and recognised, particularly in the Indian context, it’s important to acknowledge that the foods we’ve consumed for generations may no longer suit everyone. Of late, many celebrities like Janhvi, who boast millions of followers, have been caught spreading health-related misinformation intentionally or unintentionally. Despite their access to the best nutritionists and doctors, such misguided statements show blatant disregard for public health. <div type="Article" hostid="261" msid="111515126" title="Samantha Ruth Prabhu faces heavy backlash after recommending hydrogen peroxide inhalation to cure viral fever" mstype="2" mssubtype="0"></div>Instead, as a society, we should aim to foster a more nuanced understanding of how individual bodies react to different foods over time and the role modern science plays in identifying these sensitivities. In an era of growing health awareness, informed conversations around food intolerances can lead to better lifestyle choices for many.

Janhvi Kapoor thinks allergy tests for gluten and milk are ‘faaltu’. Here's why she might be misinformed.

<keyword id="19913963" type="General" weightage="100" keywordseo="Indian-startups" source="keywords">Indian startups</keyword> have experienced a remarkable surge in funding during the first eight months of 2024, with a significant increase of 53.1% compared to the same period in 2023, according to a report by <keyword id="19910824" type="General" weightage="20" keywordseo="GlobalData" source="keywords" meta.keywordsubtype="org" meta.entityname="GlobalData" meta.hostid="261" meta.entityid="GlobalData">GlobalData</keyword>. From January to August 2024, Indian startups secured $7.5 billion in <keyword id="19913965" type="General" weightage="20" keywordseo="venture-capital" source="keywords">venture capital</keyword> funding, a sharp rise from the $4.9 billion raised during the same timeframe in the previous year. The report highlighted that not only did the total funding amount grow, but the average deal size also increased. A total of 780 venture capital deals were completed between January and August 2024, compared to 742 deals in the same period in 2023. These deals contributed to the $7.5 billion raised this year, marking a 5.1% rise in deal volume alongside the impressive 53.1% growth in funding value. GlobalData's report emphasised India's growing prominence in the Asia-Pacific region as a major hub for venture capital investments, ranking second only to China. Globally, India secured a spot among the top five countries in terms of both the number of venture capital deals and the total funding value. "The marked increase in venture funding value highlights the burgeoning investor confidence in India's <keyword id="19930407" type="General" weightage="20" keywordseo="startup-ecosystem" source="keywords">startup ecosystem</keyword>,” explains Aurojyoti Bose, lead analyst at GlobalData. "India's performance signals a promising landscape in the <keyword id="20948843" type="General" weightage="20" keywordseo="VC-funding" source="keywords">VC funding</keyword> market". From a global perspective, India accounted for 7.3% of the total venture capital deals between January and August 2024, with a 4.6% share of the total funding value. Additionally, India saw a notable increase in high-value VC deals, with several investments exceeding $100 million. Some of the standout funding rounds this year included <keyword id="12437554" type="General" weightage="20" keywordseo="zepto" source="Orion">Zepto</keyword>, which raised $665 million and $340 million in two separate rounds, Meesho's $300 million round, <keyword id="20201450" type="General" weightage="20" keywordseo="pharmeasy" source="keywords">PharmEasy</keyword> securing $216 million, OYO raising $173.5 million, and Radiance receiving $150 million. These impressive funding rounds underscore the continued momentum and strength of India’s startup ecosystem in 2024, setting the stage for further growth and innovation in the coming years. (With inputs from ANI)

Indian startup finance ecosystem still going strong, report shows over 50% growth in VC funding over last year

<ul><li><keyword id="6354484" type="General" weightage="100" keywordseo="Donald-Trump" source="Orion">Donald Trump</keyword> has been re-elected as the 47th president of the United States.</li><li>Trump has defeated <keyword id="20307089" type="General" weightage="20" keywordseo="Kamala-Harris" source="keywords">Kamala Harris</keyword> in the US Presidential elections.</li><li>Indian Americans have welcomed the re-election of Donald Trump.</li></ul>Eminent Indian Americans have welcomed the re-election of Donald Trump as the 47th president of the United States and assured to work with him on issues of importance in the US-India ties. "Congratulations to President Donald Trump on his decisive victory. We are in a golden age of American innovation and are committed to working with his administration to help bring benefits to everyone," Google CEO Sundar Pichai said on Wednesday. “The American people have spoken”, former South Carolina Governor Nikki Haley said. "Congratulations to President Trump on a strong win. Now, it's time for the American people to come together, pray for our country, and start the process of a peaceful transition," Haley added. "That begins with Kamala Harris conceding. You can't just talk about unity in a campaign, you have to show it regardless of the outcome," Haley said. Former Louisiana Governor Bobby Jindal called it a great day for America. "Let's take a moment to celebrate. Then begins the hard work to get our country back on track!" said Jindal. "It's almost morning in America," said entrepreneur-turned-politician Vivek Ramaswamy. "Now let's go save a country," he said. "Congratulations to President Trump. We look forward to working with him and his administration on issues of bilateral importance in the US-India relationship, and on global challenges that the two countries can lead together," said M R Rangaswami, founder of Indiaspora, a community engagement platform. Ajay Jain Bhaturia, a major fundraiser of the Kamala Harris campaign, also congratulated Trump. "Congratulations President-elect Trump! America failed to elect its First Women President again! People have voted for a change to handle border issues, the economy, immigration, crime, and wars! I respect their choice. We did all we could!" said Bhaturia. New York-based prominent entrepreneur Al Mason said: "God saved Trump from two assassination attempts - there is a reason for the same. Trump is going to be a messiah for the American people and the rest of the world. There will be a very prosperous America, a safer world free of wars. In fact, a golden era begins for the United States of America." Dr Krishna Reddy, chair of Indian American Friendship Council, congratulated Trump on the victory. "This is the beginning of super <keyword id="21319316" type="General" weightage="20" keywordseo="US-India-relations" source="keywords">US-India relations</keyword> and together we keep the world safe again. This is the great strength of Indian Americans to build a robust economy again and Indian Americans are a great part of this success," he said. With inputs from PTI. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/skoda-kylaq-suv-launched-in-india-starting-at-7-89-lakh/articleshow/115013668.cms">Skoda Kylaq SUV launched in India starting at ₹7.89 lakh</a> <a href="https://www.businessinsider.in/stock-market/webstories/swiggy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115004939.cms">Swiggy IPO – GMP, risk factors and all you need to know</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms">Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away</a>

Indian Americans welcome Donald Trump's re-election

Propelled by the popularity of titles such as "<keyword id="19983826" type="General" weightage="20" keywordseo="Heeramandi" source="keywords">Heeramandi</keyword>: The Diamond Bazaar", "<keyword id="20780480" type="General" weightage="20" keywordseo="The-Great-Indian-Kapil-Show" source="Orion">The Great Indian Kapil Show</keyword>" and "<keyword id="1047212" type="General" weightage="20" keywordseo="Amar-Singh-Chamkila" source="Orion">Amar Singh Chamkila</keyword>", India has emerged as the third country in <keyword id="22467054" type="General" weightage="20" keywordseo="revenue-per-cent-growth" source="keywords">revenue per cent growth</keyword> for streaming service <keyword id="19897536" type="General" weightage="20" keywordseo="Netflix" source="keywords" meta.keywordsubtype="org" meta.entityname="Netflix" meta.hostid="261" meta.entityid="Netflix">Netflix</keyword> in its second quarter. The streamer released its second quarter earnings for 2024 on Thursday and <keyword id="1943179" type="General" weightage="20" keywordseo="Indian-content" source="Orion">Indian content</keyword> seems to have made significant strides this year alongside popular international shows such as "Bridgerton 3", "Baby Reindeer", Korean drama "Queen of Tears" and films such as "Hit Man" and "Under Paris". India and the UK have had especially strong slates this year, according to the streamer. In Q2, India was the second and third country in terms of paid net adds and revenue per cent growth, respectively, due to the success of titles like Sanjay Leela Bhansali's "Heeramandi: The Diamond Bazaar", which had 15 million views to become the streamer's biggest Indian drama series ever. Imtiaz Ali-directed biopic "Amar Singh Chamkila" with 8.3 million views was another major title for Netflix, which also registered success with licensed films such as Kiran Rao's "Laapataa Ladies" and Ajay Devgn-starrer horror drama "Shaitaan". From the UK, "Baby Reindeer", which has earned 11 Emmy nominations, emerged as the big hit with 88.4 million views. "The Gentlemen", "One Day" and "Fool Me Once" also spent multiple weeks on the streamer's global TV top 10 list. The upcoming line-up for India in 2024 includes non-fiction content such as "Modern Masters feat. SS Rajamouli", "Nayanthara: Beyond the Fairy Tale" and "Yo Yo Honey Singh". In the fiction space, most anticipated returning titles are "Yeh Kaali Kaali Ankhein" season two, "Phir Aayi Hasseen Dillruba", "The Great Indian Kapil Show S2", the third season of "Fabulous Lives Vs Bollywood Wives". Anubhav Sinha's gripping drama "IC814: The Kandahar Hijack", "Do Patti" and "Vijay 69" are some of the other projects from India to come out on the streamer this year.

India becomes third country in revenue percent growth for Netflix in Q2, aided by 'Heeramandi', 'Chamkila' success

<ul><li>Most Indian couples book their honeymoon packages within 30 days of departure.</li><li>Beaches are a preferred destination for the post-marriage trips of Indian newlyweds.</li><li>Couples are ready to spend more on comfort and luxury than ever before.</li></ul>In India, weddings are more than just events—they are grand festivals that <a href="https://www.businessinsider.in/business/news/indian-weddings-expected-to-generate-6-lakh-crore-in-two-months-cait-says/articleshow/114934657.cms">fuel business opportunities</a> across multiple industries. With the wedding season approaching, many soon-to-be-married couples have already planned their first post-wedding trip, while others are in the midst of booking their honeymoon getaways. Newlyweds aren’t just looking for a vacation; they’re seeking unique and meaningful experiences that will leave lasting memories. Additionally, they also want to spend some time getting to know each other better. This is even better in case of an arranged marriage setup. From unwinding on exotic beaches to discovering peaceful hill stations, the honeymoon preferences of Indian couples are as diverse as the regions they call home. To gain insights into Indian couples’ honeymoon preferences and planning styles, <keyword id="54613" type="General" weightage="20" keywordseo="MakeMyTrip" source="Orion">MakeMyTrip</keyword> has analysed its booking data, releasing a report titled ‘How India Travels for Honeymoon’. The report highlights the travel trends and behaviours of couples embarking on this special journey. <h2>Beaches are a favourite for Indian couples</h2>Be it for domestic or international destinations, beaches have consistently been the top choice for newlyweds planning their first post-wedding trip, as per the report. This year’s data reflects the same trend. Internationally, <keyword id="11905404" type="General" weightage="20" keywordseo="Thailand" source="Orion">Thailand</keyword> has emerged as the leading honeymoon destination for Indian couples in 2023-24, topping honeymoon package bookings on MakeMyTrip. With a notable 5.2% year-on-year (YoY) increase, Thailand has surpassed the Maldives, last year’s favourite, which saw a 16.2% YoY decline in bookings. Meanwhile, the other top international destinations—Indonesia, Mauritius, and Vietnam—also experienced growth in their booking shares this year. Domestically, the Andamans have overtaken Kerala as the most popular honeymoon destination, with a 6.9% year-on-year increase in honeymoon package bookings. Kashmir also rose in popularity, gaining 3.6% in bookings and moving into third place. Bookings for Goa remained steady compared to last year, while Himachal Pradesh experienced a 4% decline. Other regions, including the Northeast, Uttarakhand, and Maharashtra, also attracted Indian couples looking for memorable honeymoon experiences within the country. <h2>Couples going far</h2>Indian honeymooners are exploring far places increasingly drawn to new and diverse destinations. While international spots like Bhutan, Azerbaijan, Malaysia, Sri Lanka, and Seychelles have seen significant year-on-year growth in honeymoon package bookings, this trend extends beyond just short-haul destinations. Because of Easy Visa, Japan has seen the highest YoY growth of 388% in honeymoon package booking. Other long-haul destinations that have seen maximum growth for honeymoon package bookings include Scandinavia, the United States, South Africa, and Australia and New Zealand. <h2>Honeymooners from Metro cities going all out to create Insta-worthy memories</h2>Metro cities like Delhi, Mumbai, and Bangalore are driving the demand for premium honeymoon packages, contributing to more than two-thirds of all honeymoon package bookings. However, cities such as Hyderabad, Kolkata, Chennai, Ahmedabad, and Pune are also seeing a notable shift from budget to premium travel. Couples are ready to spend more on luxury and pampering during their honeymoon. The average spending per couple has gone up by 13% compared to last year. In fact, 68% of newlyweds booked 4-star or 5-star hotels for their stay. One in every five honeymoon bookings was for a 5-star property in 2023-24, showing a 10% increase from the previous year. Newlyweds are not only spending more on comfort and luxury but are also increasingly choosing to visit multiple destinations during their honeymoon. Domestically, the number of couples visiting four or more cities increased from 35% in 2022-23 to 39% in 2023-24. Internationally, while more than half of honeymooners still prefer visiting just one city, the percentage of couples choosing to explore two or more cities grew from 32% to 47%. <h2>Personalised experiences demand all-time high</h2>Couples are seeking more personalised and romantic experiences than ever before. Honeymoon package bookings have grown by 25% compared to last year, showing that many couples want a fully planned, curated experience. Over 95% of honeymoon bookings this year included special activities. As a result, MMT saw a 56% increase in bookings for premium romantic activities like couples' photoshoots, romantic dinners, cruises (sunset, dinner, or catamaran), spa sessions, and floating breakfasts. <h2>Couples booking packages last minute</h2>The report also adds that Indian couples are booking their honeymoons closer to their travel dates. For domestic packages, 56% were booked within 30 days of departure, and 38% were booked the same way for international packages. This matches the overall trend of Indian travellers, who usually book closer to their travel dates. However, 31% of couples travelling internationally booked their honeymoon more than two months in advance, compared to just 18% for domestic trips. To gain more insights, MakeMyTrip also surveyed over 200 people who booked their honeymoon packages through the platform. The survey revealed that 70% of couples went on their honeymoon within 10 days of their wedding, 10% travelled between 10 days to a month later, and 20% waited more than a month to go.

Indian couples prefer Thailand and Andamans for honeymoon, says MakeMyTrip

<ul><li>A study by <keyword id="19900426" type="General" weightage="100" keywordseo="Accenture" source="keywords" meta.keywordsubtype="org" meta.entityname="Accenture" meta.hostid="261" meta.entityid="Accenture">Accenture</keyword> says GenAI could add billions to Indian economy</li><li>The study added that 31 percent of working hours in India could be automated</li><li> Indian economy could be up by as much as USD 675 billion by 2038</li></ul> In the last two years, there have been many debates about the possibility of AI replacing human beings at their jobs. Various tech experts have expressed their opinions on this. While there is one section of people saying that AI will make it easier for human beings to do their jobs, there is another section that fears being replaced altogether. Talking about the section that thinks AI will help humans do their jobs better, various experts have said in the past that AI will focus on mundane aspects of a job so that human beings can be fully focused on more challenging and creative parts. And a new study by Accenture seems to support this argument. Moreover, the study also says that due to the use of generative AI, Indian economy could be up by as much as USD 675 billion. <h2>GenAI could add USD 675 billion to Indian economy</h2>According to the study by Accenture, adopting a people-centric approach to GenAI could potentially add USD 675 billion to India's economy by 2038. This transformative impact hinges on a bold vision for reinvention, underscored by strong data and technology foundations, and an intentional approach to workforce development. The <keyword id="22702248" type="General" weightage="20" keywordseo="Accenture-study" source="keywords">Accenture study</keyword> highlights that the deployment of GenAI could automate approximately 31 percent of working hours in India. This significant shift is expected to contribute a 0.6 percentage point increase to the annual GDP growth, showcasing GenAI's potential as a powerful economic driver. However, the journey to harnessing this potential is fraught with both opportunities and challenges. For the unversed, generative AI, a subset of artificial intelligence, involves machines generating text, images, or other media in response to prompts. This technology has far-reaching implications for industries ranging from capital markets to retail, banking, insurance, and software platforms. Globally, these sectors are expected to witness the automation or augmentation of 49% to 71% of working hours due to GenAI. <h2>31 percent automation in India</h2>The Accenture study also highlights that in the Asia-Pacific region, the impact of GenAI is anticipated to be substantial, with Australia and Japan seeing the highest impact at 45% and 44% of working hours, respectively. For India, the projection of 31% automation signifies a seismic shift in how businesses operate and how work is performed. <keyword id="22702250" type="General" weightage="20" keywordseo="saurabh-kumar-sahu" source="keywords">Saurabh Kumar Sahu</keyword>, Lead for India Business at Accenture, underscored the necessity of a bold vision for reinvention. He said that the scaled and responsible deployment of GenAI can drive revenue growth and act as a force of change, reinventing functions across industries. However, unlocking the real value of GenAI requires businesses to have robust data and technology foundations. "The scaled and responsible deployment of generative AI can not only drive revenue growth but also act as a force of change that can reinvent almost all functions across industries. To unlock its real value, businesses need to have a bold vision for reinvention anchored in a strong data and technology foundation. This, coupled with an intentional approach to skilling, is crucial to succeed in the age of generative AI," Sahu said in a statement according to a report in Business Standard. <h2>89 percent businesses plan to increase AI spending</h2>Despite the promising prospects, there is a critical gap in preparation that could hinder the effective integration of GenAI. The Accenture study reveals that while 89% of businesses plan to increase spending on AI, only 35% prioritise workforce development. Moreover, a mere 4% of business leaders have implemented GenAI training at scale. This disparity underscores the urgent need for comprehensive skill development programs. As organisations embrace GenAI, equipping the workforce with the necessary skills is important to ensuring that the technology's implementation is both effective and sustainable. SEE ALSO: <a href="https://www.businessinsider.in/artificial-intelligence/news/verizon-sees-early-success-using-generative-ai-to-answer-questions-from-business-customers/amp_articleshow/112145960.cms" data-type="tilCustomLink" target="_blank">Verizon sees early success using generative AI to answer questions from business customers </a><a href="https://www.businessinsider.in/tech/news/yup-ai-is-basically-just-a-homework-cheating-machine/amp_articleshow/112330231.cms" data-type="tilCustomLink" target="_blank">Yup, AI is basically just a homework-cheating machine</a>

Indian economy could get USD 675 billion due to AI by 2038, study shows

The Consulate General of India in Toronto on Thursday said it is cancelling some of its scheduled consular camps after the Canadian security authorities conveyed their inability to provide minimum security protection to its organisers. The announcement comes days after an incident of violent disruption by protestors carrying Khalistani flags at a consular event co-organised by the Hindu Sabha temple in Brampton and the Indian Consulate. "In view of the security agencies conveying their inability to provide minimum security protection to the community camp organisers, the Consulate has decided to cancel some of the scheduled consular camps," the Consulate General of India said in a post on X. On November 3, the protest occurred at the Hindu Sabha temple in Brampton and unverified videos circulating on social media appeared to show demonstrators holding banners in support of Khalistan. The protestors clashed with people and disrupted the consular event. The incident was condemned by Prime Minister Justin Trudeau who said every Canadian has the right to practise their faith freely and safely. India condemned the attack with an expectation that those indulging in violence "will be prosecuted". In a statement, the Ministry of External Affairs said that New Delhi remains "deeply concerned" about the safety and security of Indian nationals in Canada. The relations between India and Canada came under severe strain following Prime Minister Justin Trudeau's allegations in September last year of a "potential" involvement of Indian agents in Khalistan extremist Hardeep Singh Nijjar's killing. New Delhi rejected Trudeau's charges as "absurd". India has been maintaining that the main issue between the two countries is that of Canada giving space to pro-Khalistan elements operating from Canadian soil with impunity. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/skoda-kylaq-suv-launched-in-india-starting-at-7-89-lakh/articleshow/115013668.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/skoda-kylaq-suv-launched-in-india-starting-at-7-89-lakh/articleshow/115013668.cms" target="_blank">Skoda Kylaq SUV launched in India starting at ₹7.89 lakh</a><a href="https://www.businessinsider.in/stock-market/webstories/swiggy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115004939.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/swiggy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115004939.cms" target="_blank">Swiggy IPO – GMP, risk factors and all you need to know</a><a href="https://www.businessinsider.in/tech/mobile/news/realme-gt-7-pro-with-snapdragon-8-elite-6500mah-battery-to-launch-in-india-on-november-26/articleshow/114945858.cms" target="_blank"></a><a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms" target="_blank">Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away</a>

Indian consulate in Canada cancels consular camps over security issues, Canadian authorities convey inability to provide security

In early Wednesday trading, the Indian rupee slid 14 paise to hit an all-time low of 84.23 per US dollar, weighed down by continued outflows of foreign funds and a robust US dollar in global markets. Forex analysts highlighted the volatility stemming from the ongoing US elections, suggesting that stability could return once results are clear in this close race. The US Federal Reserve is also on the radar, with an anticipated interest rate cut this week and a projected easing of up to 100 basis points by 2025. At the interbank forex market, the rupee opened at its historic low of 84.23 against the dollar, down from its previous close of 84.09. On Tuesday, the currency had ended slightly stronger, gaining 2 paise. Meanwhile, the dollar index, which tracks the strength of the US dollar against six major currencies, climbed 1.64% to 105.11. According to Anil Kumar Bhansali, Head of Treasury at Finrex Treasury Advisors, the index rose following initial election results showing former President Trump ahead, with the Republican party also leading in both the Senate and the House of Representatives. The global oil market saw movement as Brent crude prices dipped 0.98%, trading at USD 74.79 per barrel. Bhansali noted that the rupee’s trajectory will heavily depend on the Reserve Bank of India’s (RBI) response, particularly as the currency fluctuates with real-time election outcomes. He estimated an intra-day trading range between 84.00 and 84.35. On the domestic front, Indian stock markets showed positive trends. The Sensex climbed by 390.93 points (0.49%) to reach 79,867.56, while the Nifty rose by 135.60 points (0.56%) to 24,348.90. Despite these gains, foreign institutional investors (FIIs) were net sellers on Tuesday, pulling out Rs 2,569.41 crore from the capital markets, as per stock exchange data. This withdrawal underscores the challenges facing the Indian currency amid global financial uncertainties. (with PTI inputs)

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