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Electronics parts: 5,500cr projects get nod – The Times of India

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Electronics parts: 5,500cr projects get nod – The Times of India


NEW DELHI: Govt has approved seven projects worth Rs 5,532 crore, out of 249 proposals received under the Electronics Components Manufacturing Scheme, electronics and IT minister Ashwini Vaishnaw said on Monday. The minister said the production of electronics components from the approved projects is likely to reduce the import bill of around Rs 20,000 crore. “Seven plants under electronics components have been approved. In coming days, more projects will be approved. We expect these projects to reduce import bill by around Rs 20,000 crore,” Vaishnaw said. The minister said that proposals for the manufacturing of multi-layer printed circuit boards or motherboard base, camera modules, copper laminates, and polypropylene films (used in capacitors for consumer electronics) have been approved.





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MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time

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MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time


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MCX delayed trading to 10:00 AM on Tuesday due to a technical glitch, as announced in an early morning notice by the Multi Commodity Exchange.

MCX trading glitch

MCX Glitch: The Multi-Commodity Exchange (MCX) faced a technical glitch on Tuesday, preventing the start of trading. Earlier, the exchange had announced that trading would begin at 10:00 AM following the issue, but it did not resume as planned.

MCX is yet to confirm a new time for the commencement of trading.

“Update as on 09:45 AM-Members are requested to note that the trading will start at 10 AM due to technical issue. Trading will start from DR. Inconvenience is regretted,” MCX informed in the update.

This is not the first time MCX has faced such an issue. Earlier this year, MCX faced a similar technical issue in July when the trading began at 10:15 AM, a delay of more than an hour.

The Multi Commodity Exchange of India (MCX) is the country’s largest commodity derivatives exchange, providing a platform for trading in commodities such as gold, silver, crude oil, natural gas, and various agricultural products. Established in 2003 and headquartered in Mumbai, MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It plays a crucial role in India’s commodities market by enabling price discovery, risk management, and hedging for participants ranging from traders and investors to producers and exporters. MCX’s benchmark contracts—like gold and crude oil futures—are widely used to gauge market sentiment and global commodity trends.

On July 23, trading on MCX was initially expected to resume by 9:45 AM, but the exchange later revised the opening time to 10:10 AM, but trading did not resume as planned. It finally began trading from 10:15 AM after a delay caused by clearing technical processes and file sharing.

(This is a developing story. To be updated)

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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SC permits Centre to review Rs 6,000cr additional dues on Vodafone-Idea – The Times of India

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SC permits Centre to review Rs 6,000cr additional dues on Vodafone-Idea – The Times of India


NEW DELHI: The Union govt on Monday convinced the Supreme Court to permit the department of telecom to review its demand of Rs 6,000 crore additional adjusted gross revenue demand for the FY 2016-17 on Vodafone-Idea. Chief Justice B R Gavai and Justice K Vinod Chandran was informed by solicitor general Tushar Mehta that since the previous round of litigation, in which Vodafone was ordered to pay the AGR dues, there had been a change of circumstance as the Centre has acquired a 49% stake in the company. Mehta said, “We do not want the company, in which the govt has a huge investment, to go bankrupt to make 20 crore people suffer. ‘Govt wants to prevent monopoly’ Govt wants more players in the mobile telecom sector to prevent monopoly,” said solicitor general Tushar Mehta. Vodafone through senior advocate Mukul Rohatgi had argued that the SC had frozen the AGR dues at Rs 58,254 crore as of 2016-17 and that the DoT cannot raise additional AGR dues in breach of the SC order. Govt had converted Rs 36,950 cr dues as its 49% equity in the telecom service provider.

SC: Centre can review ₹6kcr additional dues on Voda-Idea

The bench noticed the element of public interest in the case and permitted the Centre to take a fresh view of the additional AGR demands, especially when the issue is purely in the policy domain and involves the interests of 20 crore people. “We see no reason why the Centre should be prevented from taking a relook at the additional AGR dues,” the bench said.





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OpenAI shares data on ChatGPT users with suicidal thoughts, psychosis

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OpenAI shares data on ChatGPT users with suicidal thoughts, psychosis


OpenAI has released new estimates of the number of ChatGPT users who exhibit possible signs of mental health emergencies, including mania, psychosis or suicidal thoughts.

The company said that around .07% of ChatGPT users active in a given week exhibited such signs, adding that its artificial intelligence (AI) chatbot recognizes and responds to these sensitive conversations.

While OpenAI maintains these cases are “extremely rare,” critics said even a small percentage may amount to hundreds of thousands of people, as ChatGPT recently reached 800 million weekly active users, per boss Sam Altman.

As scrutiny mounts, the company said it built a network of experts around the world to advise it.

Those experts include more than 170 psychiatrists, psychologists, and primary care physicians who have practiced in 60 countries, the company said.

They have devised a series of responses in ChatGPT to encourage users to seek help in the real world, according to OpenAI.

But the glimpse at the company’s data raised eyebrows among some mental health professionals.

“Even though .07% sounds like a small percentage, at a population level with hundreds of millions of users, that actually can be quite a few people,” said Dr. Jason Nagata, a professor who studies technology use among young adults at the University of California, San Francisco.

“AI can broaden access to mental health support, and in some ways support mental health, but we have to be aware of the limitations,” Dr. Nagata added.

The company also estimates .15% of ChatGPT users have conversations that include “explicit indicators of potential suicidal planning or intent.”

OpenAI said recent updates to its chatbot are designed to “respond safely and empathetically to potential signs of delusion or mania” and note “indirect signals of potential self-harm or suicide risk.”

ChatGPT has also been trained to reroute sensitive conversations “originating from other models to safer models” by opening in a new window.

In response to questions by the BBC on criticism about the numbers of people potentially affected, OpenAI said that this small percentage of users amounts to a meaningful amount of people and noted they are taking changes seriously.

The changes come as OpenAI faces mounting legal scrutiny over the way ChatGPT interacts with users.

In one of the most high-profile lawsuits recently filed against OpenAI, a California couple sued the company over the death of their teenage son alleging that ChatGPT encouraged him to take his own life in April.

The lawsuit was filed by the parents of 16-year-old Adam Raine and was the first legal action accusing OpenAI of wrongful death.

In a separate case, the suspect in a murder-suicide that took place in August in Greenwich, Connecticut posted hours of his conversations with ChatGPT, which appear to have fuelled the alleged perpetrator’s delusions.

More users struggle with AI psychosis as “chatbots create the illusion of reality,” said Professor Robin Feldman, Director of the AI Law & Innovation Institute at the University of California Law. “It is a powerful illusion.”

She said OpenAI deserved credit for “sharing statistics and for efforts to improve the problem” but added: “the company can put all kinds of warnings on the screen but a person who is mentally at risk may not be able to heed those warnings.”



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