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Showing posts from February, 2024

Union Interim Budget 2024: How Will it Impact Businesses?

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  Our Hon’ble Finance Minister Nirmala Sitharaman presented India’s Interim Budget of 2024, outlining this year’s fiscal plans. This budget holds a crucial vision for technological development and business growth in India. And as a software development company, this is exactly what we are focusing on.   Many commended the budget, stating it outlines a clear path for a fully developed & economically strong India by 2047. As per the  IMF , India is likely to become the third-largest economy in 2027 (in USD at market exchange rate). As per reports, India’s contribution to global growth will rise by 200 basis points in 5 years.  Exciting, isn’t it?  Moreover, international agencies such as the  World Bank  & ADB, project India’s GDP to grow by 6.4% –  6.7%. (Respectively in 2024-25, as well).  According to the Finance Minister, the Indian economy has witnessed a profound positive transformation in the last few years. She adds, “ Conditions were created for entrepreneurial opportuni

Artificial Intelligence Trends of 2024

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  We all know how   AI   has been the buzzword since the dawn of 2023 itself! From the implementation of LLM models to generative AI tools across diverse sectors; we expanded the horizon of possibilities further. 2024 too, will be nothing different. In Fact it will be an expansion of the same. The latest Artificial Intelligence trends will fill the new year with innovations, breakthroughs, and above all opportunities.  Similar to the 1950s industrial revolution, the catalyst for change was the electronics industry.  Yes!  It was the time when First computers were developed, and so were the first industrial automation devices. Similarly, in 2024, trends of artificial intelligence are driving the next industrial revolution, mirroring the transformative impact witnessed in past. In 2024, a horizon of innovation awaits – as AI and technology converge to redraw the maps of possibility. Much like any sort of technological boom, we are continuing to see constant demand for advancements in the