QUANTUM
COP31: Limiting 1.5°C overshoot, speeding up electrification emerge as top priorities
Limiting the duration and extent of a global temperature overshoot beyond the 1.5°C threshold and accelerating electrification have emerged as key priorities at COP31 in Antalya. The Turkiye-Australia leadership wants these issues included in the conference's negotiated cover decision, while also demonstrating that international cooperation on climate action remains effective.
India doesn’t have a savings problem. It has a savings incentive problem
Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.
Quantum could solve AI energy drain, says tech founder
Quantum computers could curb the vast energy demands of artificial intelligence data centres with their ability to run complex calculations, one of the tech's pioneers told AFP. Australian startup Diraq is conducting the first field test worldwide putting a small quantum computer based on a silicon chip in a commercial data centre in Sydney. Diraq's computer installed in Equinix's Sydney data centre has eight quantum bits, or qubits, on a silicon chip.
India short bonds may underperform on rate hikes, cash squeeze
India's bond market is experiencing changes due to recent interest rate hikes and tightening liquidity conditions. The Reserve Bank of India is anticipated to raise interest rates significantly in the coming months. Short-term bonds are expected to be more sensitive to these monetary conditions, leading to their underperformance. There are expectations for the yield curve to flatten further as short-term yields rise.
Karnataka will proceed with Mekedatu project, says Supreme Court has upheld its right: DK Shivakumar
Karnataka Deputy Chief Minister DK Shivakumar said the state would proceed with the Mekedatu reservoir project, citing a Supreme Court ruling that permits construction subject to releasing 177 tmc ft of Cauvery water to Tamil Nadu. His remarks followed Tamil Nadu Chief Minister Joseph Vijay's appeal to the Centre against granting approvals without consent.
Taxpayers fret over loose ends in amnesty scheme, seek CBDT clarity on foreign asset disclosure rules as deadline nears
Many taxpayers are unsure if they need to report various accounts due to ambiguous regulations. Clarification is being sought from the Central Board of Direct Taxes regarding ownership versus authority, among other things.
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Karnataka Chief Minister Shivakumar seeks Tamil Nadu's support for Mekedatu, says SC has cleared Karnataka's case
Karnataka Chief Minister DK Shivakumar announced the state would advance with the Mekedatu balancing reservoir project. The Supreme Court has already confirmed Karnataka's right to develop the project while adhering to water-sharing agreements. Shivakumar invited Tamil Nadu Chief Minister Joseph Vijay to engage collaboratively in the matter. Karnataka has identified land for compensatory afforestation and is preparing the necessary application.

Quote of the day by Jack White: 'Sometimes love gets in the way of itself. We want things so much that we sabotage them.' Evergreen lesson on the danger of insecurity from 12-Grammy winner
While love is a basic human necessity that fosters companionship, joy, and emotional satisfaction, it can occasionally turn into an excessive and unhealthy experience. When love surpasses the limits of logic and transforms into fixation, it can slowly evolve into a source of emotional turmoil instead of solace.

Gold vs silver ETFs: Where should investors put their money this Dhanteras? Experts share their strategies
Gold vs silver ETFs: Dhanteras marks a crucial day in the Diwali festivities, traditionally inspiring purchases of gold and silver. Financial experts suggest a diverse approach, prioritizing gold while also incorporating silver ETFs into investment strategies. Notably, gold has shown stable returns since the last Dhanteras, making it an attractive option for new investors looking to build their portfolios gradually. Despite market ups and downs, the long-term potential for both metals is encouraging.

Government prepares draft sustainable aviation fuels policy; moots mandatory blending in ATF from 2027
The civil aviation ministry has circulated the draft National Policy on Sustainable Aviation Fuels which mandates use of only indigenously manufactured SAF to be blended with Aviation Turbine Fuel (ATF).

L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale
Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.

ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.

Is Sabrina Pasterski the next Einstein? Meet the physicist who built her own aircraft at 12 and is exploring Einstein’s biggest unanswered questions about gravity
Sabrina Pasterski's journey from building an aircraft as a teenager to studying Einstein's biggest unanswered questions has drawn attention to her work in physics. The MIT graduate now researches quantum gravity, black holes and space-time at Canada's Perimeter Institute. She also leads an $8 million research initiative exploring how gravity and quantum mechanics could fit together.

Fridge hacks and finance attacks flag AI insecurity
The growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, according to a Reuters commentary by Mike Dolan.

Nifty down 8% since last Diwali, but these 8 equity mutual funds deliver over 10% returns. Are you invested?
Only eight of 292 equity mutual funds delivered returns exceeding 10% on lump-sum investments since Diwali 2025. TRUSTMF Small Cap Fund topped the list with an 18.73% gain, while 214 schemes posted negative returns, including eight that lost over 10%.

SBI Q2 Results Preview: PAT may rise up to 25% YoY; NII, margins, deposit growth in focus
State Bank of India will announce Q2FY27 results on November 3, with brokerages forecasting 11-13% NII growth and up to 25.2% profit growth. Investors will track margins, loan growth, deposits, credit costs and asset quality.

Uttar Pradesh to launch state Quantum Mission, steps up push for AI and robotics
The state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusing on quantum technology within a broader digital transformation agenda, the initiative aims to ignite innovation. At the ETGovernment AI Vision Conclave, leading industry figures explored the adoption of AI, investment avenues, and workforce readiness.

Students going abroad must return to country to give back to nation: DRDO DG Binay Das
Binay Kumar Das expressed the crucial importance for students studying abroad to keep their cultural roots and identity alive. At the Open House event held at the Indian Institute of Technology, he motivated students to return to India and make meaningful contributions.

India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush Goyal
Commerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncertainties. He said nine FTAs could open preferential market access to economies with a combined GDP of $60 trillion. Goods and services exports were estimated at $476.2 billion in April-September.

India aims to be globally competitive semiconductor powerhouse by 2047: MoD
India is working towards becoming a globally competitive semiconductor powerhouse by 2047 and focuses on next-generation technologies. The Defence Research and Development Organisation participated in the Emerging Science, Technology and Innovation Conclave 2026 themed 'Creative Minds, Catalysing Science, Empowering Society'.

DRDO showcases indigenous chips for advanced radar, electronic warfare and missile systems
At the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026, held at Bharat Mandapam in New Delhi from October 27 to 29, DRDO displayed Monolithic Microwave Integrated Circuits (MMICs) and Infrared Focal Plane Arrays (IRFPAs), developed by its Solid State Physics Laboratory (SSPL), Delhi.

Abundantia Entertainment and invideo announce first film of their co-production slate Beta Builder
Abundantia Entertainment and invideo have announced the commencement of production for the film Beta Builder. Directed by Hridaye A Nagpal, this innovative film blends live-action with AI-driven technology. The story follows Jai, a self-taught architect from Dharavi, as he navigates the virtual reality landscape. The film explores themes of ambition and community, highlighting the importance of belonging. With a talented cast, this production marks a significant step into AI-assisted filmmaking.

German startup NVision shows new path to quantum computing chips in Nature paper
Startups and tech giants such as Microsoft and IBM alike are racing to build quantum computers that hold the promise of solving problems that would take conventional machines thousands of years. But NVision, which has raised more than $155 million in funding from firms such as Abbott Laboratories, made the discovery published on Wednesday while working in an entirely different field: improving medical devices.

QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.

Intel to buy quantum firm Classiq for about $2.3 billion: Report
The Israeli startup would also add quantum processors to Intel's lineup, which already includes central processing units and graphics processors. Intel said it plans to keep Classiq's software compatible with other companies' hardware after the deal closes.

AI models have produced proofs challenging major theories in maths, computing, physics: OpenAI
OpenAI has claimed its AI models have disproved the Exponential Time Hypothesis, which impacts computer science research. The findings include proofs related to harmonic analysis and quantum field theory, influencing various scientific domains. Researchers will verify these claims, and OpenAI plans to share the results for independent examination. The company is also funding a conference to discuss the implications of these discoveries.

SBI launches CyRIS to strengthen cybersecurity capabilities
SBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centre will delve into vital aspects like threat intelligence, cyber defense mechanisms, and ethical hacking practices. It also emphasizes malware analysis, AI security, and quantum-safe advances, showcasing SBI's unwavering resolve to fortify cybersecurity across the financial landscape through collaborative efforts.

Chip startup Nova Spectral AI raises Rs 21 crore to build low-cost image sensors
Founded by IIT Kanpur alumni Anish Priyadarshi and Sanjeev Kumar, the startup is developing a short-wave infrared (SWIR) sensor that can help cameras capture images in low light and through smoke, haze, and fog. It aims to make these sensors up to 100 times cheaper than existing technology, opening up potential applications in defence, robotics, cars, and smartphones, the founder said.

SBI opens cyber CoE, announces training for 1.8 lakh staff in cybersecurity
'CyRIS' will focus on emerging digital safety and capability areas, including threat intelligence, cyber defence, digital forensics, malware analysis, ethical hacking, fraud analytics, AI security, and quantum-safe technologies, as per an official statement.
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