Deepseek is a new AI model from China, has captured the attention of the tech world, surpassing the likes of ChatGPT, Gemini, and Claude AI in performance.
The DeepSeek app, which was launched, has overtaken rivals including ChatGPT to become the most downloaded free app in the United States.
DeepSeek is a Hangzhou-based AI research lab and the R1 is its latest AI model. The company was founded in 2023 by Liang Wenfeng, an engineer and entrepreneur with a background in AI and quantitative finance.
The company has now developed AI models that are open-source and helping developers across the world to improve their technologies.
It is powered by the open-source DeepSeek-V3 model, which its researchers claim was developed for less than $6m (£7.5m) - significantly less than the billions spent by rivals.
One of the key reasons why DeepSeek has managed to create a buzz is its cost to end users: it is free. In a way, this is the first extremely advanced AI system that is available for free to users.
Other systems, like the OpenAI o1 and Claude Sonnet, require a paid subscription. Google Gemini, too, is available for free, but it is also limited to older models for free versions and does have usage limits.
Indian fintech leader CheQ, founded by ex-Flipkart executive Aditya Soni, has unveiled Wisor, India’s first AI-powered credit card expert, designed to turn credit card chaos into clarity. This game-changing innovation is set to redefine how millions of Indians interact with their credit cards, offering personalized insights, effortless management,
and maximise rewards-all at their fingertips.
• Your Personal Credit Expert: Through a simple and intuitive Q&A chat interface, Wisor delivers instant, human-like responses to all your credit card questions.
• Smart Spend Analysis: For the first time in the industry, Wisor provides detailed comparisons of your spending across all your cards and merchants in one view.
• Unlock Maximum Rewards: Wisor brings transparency to credit card rewards, putting all users' points, cashback, and benefits in one place.
About CheQ-:
CheQ is India’s fastest-growing fintech company, dedicated to simplifying credit card management. With a focus on innovation and user-first solutions, CheQ is redefining the fintech landscape in India.
World Leprosy Day is observed on the last Sunday of January, every year. In 2025, the World Leprosy Day is on 26 January. This international day is an opportunity to celebrate people who have experienced leprosy, raise awareness of the disease, and call for an end to leprosy-related stigma and discrimination.
The theme for World Leprosy Day 2025 is "Unite. Act. Eliminate."
The theme is a call to action aiming to raise awareness of leprosy, highlight the challenges faced by persons affected by leprosy, and inspire collaborative action to eliminate leprosy.
Eliminating the disease – the World Health Organizations’ global goal - is achievable with sustained commitment.
The Competition Commission of India has approved the proposed acquisition of up to 72.64%shareholding in ITD Cementation India Limited by Renew Exim DMCC.
The proposed combination involves the following:
Acquisition by Renew Exim DMCC (Acquirer) of approximately 46.64% equivalent to 8,01,13,180 shares of the total issued and,
voting equity share capital of the ITD Cementation India Limited (Target).
Pursuant to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended) (Takeover Regulations), the Acquirer has launched an open offer for further acquisition of up to 4,46,64,772 fully paid-up equity shares having a face value of INR 1 (Indian Rupee One) each,
representing approximately 26% of the Voting Share Capital of the Target (Open Offer).
The Acquirer is incorporated in Dubai, United Arab Emirates and belongs to the Adani group. The Acquirer is a holding company engaged in the business of investment in commercial enterprises and management. The Acquirer does not have any operations in India.
Department for Promotion of Industry and Internal Trade (DPIIT) and the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration, mentorship, and support for startups in the region.
The signing took place during "Jammu Kashmir Konnect," a special startup-focused program organized at JKEDI’s Baribrahamna campus, where startups, incubators, and key-way stakeholders gathered to discuss innovation and growth opportunities. DPIIT and JKEDI formally signed the MoU marking a significant step toward strengthening startup support systems in J&K.
The MoU between DPIIT and JKEDI paves the way for greater branding, outreach, and accessibility to Startup India’s ecosystem, fostering mentorship, knowledge exchange, and infrastructure support. It also focuses on market linkages, funding networks, and international expansion opportunities, aligning with India’s vision of becoming a developed nation by 2047.
The Indian Coast Guard (ICG) and the Indonesia Coast Guard (Badan Keamanan Laut Republik Indonesia - BAKAMLA) renewed their Memorandum of Understanding (MoU) on Maritime Safety and Security Cooperation for another three years during the 2nd High-Level Meeting (HLM) in Coast Guard Headquarters, New Delhi on January 27, 2025.
The meeting was led by Director General ICG General Paramesh Sivamani and BAKAMLA Chief Vice Admiral Irvansyah with an eight-member delegation, who under the MoU provisions are on an official visit to India from January 24-28, 2025.
Highlighting the ties between the two nations, ICG Ship Shaunak is currently on a deployment to Jakarta from January 27-30, 2025,
to strengthen operational linkages with BAKAMLA. The renewed agreement underscores the commitment of India and Indonesia to fostering a secure and cooperative maritime environment.
The Government of Tripura has signed MOU agreement with Digital India Bhashini Division (DIBD) of the Ministry of Electronics and Information Technology (MeitY), Government of India, under the esteem guidance of Hon'ble Chief Minister Prof. Dr. Manik Saha, marking a significant milestone in the state's efforts to increase the usage of the rich regional languages of Tripura
and to facilitate citizen’s digital participation by using these languages in governance.
Tripura proudly stands as the first north-eastern state, the first in eastern India, and the eighth state in the country to sign a Memorandum of Understanding (MOU) with Bhashini. This pioneering step underscores Tripura's commitment to digital inclusivity and,
leveraging technology for enhanced citizen centric governance. Tripura's initiative places it among pro-Citizen states that have conducted focused workshops on Bhashini, with only four other states having taken similar steps before.
This MOU marks a pivotal step in ensuring the seamless integration of Bhashini with Tripura's governance systems.
The Prime Minister, Shri Narendra Modi inaugurated the 38th National Games in Dehradun, Uttarakhand.
The 38th National Games is being hosted in Dehradun, Uttarakhand during its Silver Jubilee year and will be held in 11 cities across 8 districts of Uttarakhand from 28th January to 14th February.
36 states and one union territory will participate in the National Games.
Over 17 days, competitions for 35 sports disciplines will be held. Among these, medals will be awarded for 33 sports, while two will be exhibition sports. Yoga and Mallakhamb have been included in the National Games for the first time. More than 10,000 athletes from across the country will participate in the event.
With a focus on sustainability, the theme for the National Games this year is “Green Games.” A special park, called the Sports Forest, will be developed near the venue, where more than 10,000 saplings will be planted by athletes and guests. The medals and certificates for the athletes will be made from environmentally friendly and biodegradable materials.
Sajjan Jindal-led JSW Group signed an MoU with the Odisha government to set up a 5-million tonnes per annum steel plant in Keonjhar district. The agreement was signed in presence of Chief Minister Mohan Charan Majhi and Sajjan Jindal here on the first day of 'Utkarsh Odisha-Make in Odisha Conclave'.
The JSW (Group) will set up a 5-MTPA steel plant in Keonjhar district at an investment of around Rs 35,000 crore.
Keonjhar district is located in the iron ore reserves belt, and the minerals were being exported to other areas from the district. As a result, the locals did not get any benefit from the mineral resources, Jindal said.
