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Price fall in large-cap drives stocks further down
Biden calls for Assad to be 'held accountable'Co-operation Minister Amit Shah on Wednesday exuded confidence of creating the targetted 2 lakh Primary Agricultural Cooperative Societies (PACS) before the five-year timeline after announcing the launch of 10,000 new such societies at the grassroot level. Addressing an event to mark the occasion, Shah said: “We have kept a target of setting up 2 lakh PACS in five years. I want to tell you that we will establish them before five years. In three months, we have been able to establish over 10,000 new PACS.” Prosperity through co-operation cannot be achieved unless co-operatives function effectively at the panchayat level, he said adding within just 86 days after the SOP was unveiled (on September 19), registration of 10,000 PACS was successfully completed. The Minister highlighted that so far, 11,695 PACS have been registered under the new model laws (based on a draft bylaw shared by the Centre), which allows these co-operative societies to navigate into many other territories beyond their core strength area. He said: “once the target of 2 lakh PACS is achieved, it will greatly facilitate the seamless integration of farmers’ produce into global markets through robust forward and backward linkages.” Further, he stressed that the adoption of new model by-laws will ensure the active participation of women, Dalits, backward communities and tribals, fostering social and economic equality and enhancing social harmony. He said that the initiative will be rolled out in two phases, with Nabard (National Bank for Agriculture and Rural Development) establishing 32,750 new M-PACS, while NDDB (National Dairy Development Board) will set up 56,500 dairy co-operatives and NFDB (National Fisheries Development Board) 6,000 fishery co-operatives in the first phase. In the second phase, Nabard will create 45,000 M-PACS, NDDB will establish 46,000 dairy co-operatives and NFDB 5,500 fishery co-operatives. State governments will also form about 25,000 new co-operatives. Shah also released standard operating procedures (SOP) for the liquidation of defunct PACS, which will enable the setting up of new societies in 15,000 villages. Under the current norms, a second PACS cannot be established in the same jurisdiction where one already exists, unless it is declared defunct. The liquidation is a cumbersome procedure as a result, no one tries to do that and the Centre’s SOP is set to help State governments ease the procedures. Shah distributed registration certificates, micro ATMs and RuPay Kisan Credit Cards to the newly established co-operative societies and highlighted the importance of digitalisation in the sector. The government has already computerised existing PACS and integrated them with 32 different initiatives, he said. At the same time, the minister also said that technology alone is not enough and urged the societies to utilise the new training module. “We have computerised PACS, given them software and have started different schemes. But, co-operatives cannot operate, if there is no trained manpower,” he noted. He emphasised that district co-operative registrars must take responsibility for implementing the training programme effectively, ensuring the secretaries and executive members of PACS receive quality training. The Minister also recalled the contribution made to the co-operative sector by Atal Bihari Vajpayee as the country observes the former Prime Minister’s 100th birth anniversary on Wednesday. The 97th Amendment to the Constitution was brought during Vajpayee’s tenure to give a push to the co-operative sector, he said. Comments
AP Trending SummaryBrief at 9:15 a.m. EST
— BIRTH NAME: James Earl Carter, Jr. Read this article for free: Already have an account? To continue reading, please subscribe: * — BIRTH NAME: James Earl Carter, Jr. Read unlimited articles for free today: Already have an account? — BIRTH NAME: James Earl Carter, Jr. — BORN: Oct. 1, 1924, at the Wise Clinic in Plains, Georgia, the first U.S. president born in a hospital. He would become the first president to live for an entire century. — EDUCATION: Plains High School, Plains, Georgia, 1939-1941; Georgia Southwestern College, Americus, Georgia, 1941-1942; Georgia Institute of Technology, Atlanta, 1942-1943; U.S. Naval Academy, Annapolis, Maryland, 1943-1946 (class of 1947); Union College, Schenectady, New York, 1952-1953. — PRESIDENCY: Sworn-in as 39th president of the United States at the age of 52 years, 3 months and 20 days on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. Left office on Jan. 20, 1981, following 1980 general election loss to Ronald Reagan. — POST-PRESIDENCY: Launched The Carter Center in 1982. Began volunteering at Habitat for Humanity in 1984. Awarded Nobel Peace Prize in 2002. Taught for 37 years at Emory University, where he was granted tenure in 2019, at age 94. — OTHER ELECTED OFFICES: Georgia state senator, 1963-1967; Georgia governor, 1971-1975. — OTHER OCCUPATIONS: Served in U.S. Navy, achieved rank of lieutenant, 1946-53; Farmer, warehouseman, Plains, Georgia, 1953-77. — FAMILY: Wife, Rosalynn Smith Carter, married July 7, 1946 until her death Nov. 19, 2023. They had three sons, John William (Jack), James Earl III (Chip), Donnel Jeffrey (Jeff); a daughter, Amy Lynn; and 11 living grandchildren and 14 great-grandchildren. ___ Source: Jimmy Carter Library & Museum AdvertisementNone
9 best winter gloves for womenACB files case against IPS officer N. Sanjay in Andhra Pradesh
IBM said new optics technology research could improve how data centers train AI models. The researchers, the tech giant said Monday (Dec.9), have come up with a new process for co-packaged optics (CPO), the next generation of optics technology, to allow for connectivity within data centers “at the speed of light” through optics to complement existing short reach electrical wires. “As generative AI demands more energy and processing power, the data center must evolve — and co-packaged optics can make these data centers future-proof,” Dario Gil , IBM senior vice president and director of research, said in a news release. “With this breakthrough, tomorrow’s chips will communicate much like how fiber optics cables carry data in and out of data centers, ushering in a new era of faster, more sustainable communications that can handle the AI workloads of the future,” Gil added. The release noted that while data centers use light-powered fiber optics for their external communications networks, racks in data centers still primarily communicate via copper-based electrical wires, which may have spent more than half of their time idle, incurring substantial expense and energy. IBM researchers have found a way to bring optics’ speed and capacity inside data centers , with the potential to “significantly increase the bandwidth of data center communications, minimizing GPU downtime while drastically accelerating AI processing.” This could mean lower costs for scaling generative artificial intelligence (AI), faster AI model training for large language models (LLMs), and a dramatic reduction of energy use at data centers, “saving the energy equivalent of 5,000 U.S. homes’ annual power consumption per AI model trained,” the company said. AI-powered data centers could have a transformative aspect in a number of areas, Tim Peters , chief marketing officer at software company Enghouse Systems , told PYMNTS in an interview published earlier this year. “AI-enabled data centers will exponentially accelerate transaction speeds by optimizing data flow and reducing latency,” Peters said. “AI has already shown the ability to increase supply chain forecasting accuracy by up to 20-50%. These efficiencies will boost eCommerce platforms’ ability to handle surges in demand, allowing retailers to deliver superior customer experiences. With the rise of 5G, this infrastructure will enhance real-time product recommendations, improve voice-activated shopping and personalized customer journeys at unprecedented scales.”
38 Kitchen Products That Will Make You Go “Oh, That’s Clever”
Price fall in large-cap drives stocks further down
Biden calls for Assad to be 'held accountable'Co-operation Minister Amit Shah on Wednesday exuded confidence of creating the targetted 2 lakh Primary Agricultural Cooperative Societies (PACS) before the five-year timeline after announcing the launch of 10,000 new such societies at the grassroot level. Addressing an event to mark the occasion, Shah said: “We have kept a target of setting up 2 lakh PACS in five years. I want to tell you that we will establish them before five years. In three months, we have been able to establish over 10,000 new PACS.” Prosperity through co-operation cannot be achieved unless co-operatives function effectively at the panchayat level, he said adding within just 86 days after the SOP was unveiled (on September 19), registration of 10,000 PACS was successfully completed. The Minister highlighted that so far, 11,695 PACS have been registered under the new model laws (based on a draft bylaw shared by the Centre), which allows these co-operative societies to navigate into many other territories beyond their core strength area. He said: “once the target of 2 lakh PACS is achieved, it will greatly facilitate the seamless integration of farmers’ produce into global markets through robust forward and backward linkages.” Further, he stressed that the adoption of new model by-laws will ensure the active participation of women, Dalits, backward communities and tribals, fostering social and economic equality and enhancing social harmony. He said that the initiative will be rolled out in two phases, with Nabard (National Bank for Agriculture and Rural Development) establishing 32,750 new M-PACS, while NDDB (National Dairy Development Board) will set up 56,500 dairy co-operatives and NFDB (National Fisheries Development Board) 6,000 fishery co-operatives in the first phase. In the second phase, Nabard will create 45,000 M-PACS, NDDB will establish 46,000 dairy co-operatives and NFDB 5,500 fishery co-operatives. State governments will also form about 25,000 new co-operatives. Shah also released standard operating procedures (SOP) for the liquidation of defunct PACS, which will enable the setting up of new societies in 15,000 villages. Under the current norms, a second PACS cannot be established in the same jurisdiction where one already exists, unless it is declared defunct. The liquidation is a cumbersome procedure as a result, no one tries to do that and the Centre’s SOP is set to help State governments ease the procedures. Shah distributed registration certificates, micro ATMs and RuPay Kisan Credit Cards to the newly established co-operative societies and highlighted the importance of digitalisation in the sector. The government has already computerised existing PACS and integrated them with 32 different initiatives, he said. At the same time, the minister also said that technology alone is not enough and urged the societies to utilise the new training module. “We have computerised PACS, given them software and have started different schemes. But, co-operatives cannot operate, if there is no trained manpower,” he noted. He emphasised that district co-operative registrars must take responsibility for implementing the training programme effectively, ensuring the secretaries and executive members of PACS receive quality training. The Minister also recalled the contribution made to the co-operative sector by Atal Bihari Vajpayee as the country observes the former Prime Minister’s 100th birth anniversary on Wednesday. The 97th Amendment to the Constitution was brought during Vajpayee’s tenure to give a push to the co-operative sector, he said. Comments
AP Trending SummaryBrief at 9:15 a.m. EST
— BIRTH NAME: James Earl Carter, Jr. Read this article for free: Already have an account? To continue reading, please subscribe: * — BIRTH NAME: James Earl Carter, Jr. Read unlimited articles for free today: Already have an account? — BIRTH NAME: James Earl Carter, Jr. — BORN: Oct. 1, 1924, at the Wise Clinic in Plains, Georgia, the first U.S. president born in a hospital. He would become the first president to live for an entire century. — EDUCATION: Plains High School, Plains, Georgia, 1939-1941; Georgia Southwestern College, Americus, Georgia, 1941-1942; Georgia Institute of Technology, Atlanta, 1942-1943; U.S. Naval Academy, Annapolis, Maryland, 1943-1946 (class of 1947); Union College, Schenectady, New York, 1952-1953. — PRESIDENCY: Sworn-in as 39th president of the United States at the age of 52 years, 3 months and 20 days on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. Left office on Jan. 20, 1981, following 1980 general election loss to Ronald Reagan. — POST-PRESIDENCY: Launched The Carter Center in 1982. Began volunteering at Habitat for Humanity in 1984. Awarded Nobel Peace Prize in 2002. Taught for 37 years at Emory University, where he was granted tenure in 2019, at age 94. — OTHER ELECTED OFFICES: Georgia state senator, 1963-1967; Georgia governor, 1971-1975. — OTHER OCCUPATIONS: Served in U.S. Navy, achieved rank of lieutenant, 1946-53; Farmer, warehouseman, Plains, Georgia, 1953-77. — FAMILY: Wife, Rosalynn Smith Carter, married July 7, 1946 until her death Nov. 19, 2023. They had three sons, John William (Jack), James Earl III (Chip), Donnel Jeffrey (Jeff); a daughter, Amy Lynn; and 11 living grandchildren and 14 great-grandchildren. ___ Source: Jimmy Carter Library & Museum AdvertisementNone
9 best winter gloves for womenACB files case against IPS officer N. Sanjay in Andhra Pradesh
IBM said new optics technology research could improve how data centers train AI models. The researchers, the tech giant said Monday (Dec.9), have come up with a new process for co-packaged optics (CPO), the next generation of optics technology, to allow for connectivity within data centers “at the speed of light” through optics to complement existing short reach electrical wires. “As generative AI demands more energy and processing power, the data center must evolve — and co-packaged optics can make these data centers future-proof,” Dario Gil , IBM senior vice president and director of research, said in a news release. “With this breakthrough, tomorrow’s chips will communicate much like how fiber optics cables carry data in and out of data centers, ushering in a new era of faster, more sustainable communications that can handle the AI workloads of the future,” Gil added. The release noted that while data centers use light-powered fiber optics for their external communications networks, racks in data centers still primarily communicate via copper-based electrical wires, which may have spent more than half of their time idle, incurring substantial expense and energy. IBM researchers have found a way to bring optics’ speed and capacity inside data centers , with the potential to “significantly increase the bandwidth of data center communications, minimizing GPU downtime while drastically accelerating AI processing.” This could mean lower costs for scaling generative artificial intelligence (AI), faster AI model training for large language models (LLMs), and a dramatic reduction of energy use at data centers, “saving the energy equivalent of 5,000 U.S. homes’ annual power consumption per AI model trained,” the company said. AI-powered data centers could have a transformative aspect in a number of areas, Tim Peters , chief marketing officer at software company Enghouse Systems , told PYMNTS in an interview published earlier this year. “AI-enabled data centers will exponentially accelerate transaction speeds by optimizing data flow and reducing latency,” Peters said. “AI has already shown the ability to increase supply chain forecasting accuracy by up to 20-50%. These efficiencies will boost eCommerce platforms’ ability to handle surges in demand, allowing retailers to deliver superior customer experiences. With the rise of 5G, this infrastructure will enhance real-time product recommendations, improve voice-activated shopping and personalized customer journeys at unprecedented scales.”
38 Kitchen Products That Will Make You Go “Oh, That’s Clever”