India will play a significant role in the G20's technology industry

Mumbai [India], 14 january: In the area of technology, India's G20 presidency will be extremely important. It has a big part to play in closing the digital gap since it places a lot of emphasis on technology and advancements.

The notion of data for development would be a central component of the overarching theme of India's presidency of the group of the world's developed and emerging economies, according to Harsh Shringla, India's chief coordinator for the G20.

Argentina, Australia, Brazil, Canada, China, France, Germany, Greece, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union are all members of the G20. When it comes to enhancing access to healthcare and nutrition, Shringla argued that it's critical to concentrate on the advantages that technical advancement and evidence-based policy may offer. He added that India has also suggested a brand-new engagement group called "Startup 20" that aims to give startups from various nations the chance to work together.

A strong startup ecosystem teeming with innovative ideas and skilled businesspeople can be found in India. has more than 100 privately held firms valued more than $1 billion, or "unicorns." India now has the chance to bring its digital revolution to low- and middle-income nations, which still experience a sizable digital divide, as the G20 president. The G20 Global Digital Innovation Alliance and the Stay Safe Online campaign were introduced by India's Minister of Communications, Electronics, and Information Technology, Ashwini Vaishnaw, to kick off India's G20 participation in the digital economy. According to Shringla, these two presentations highlighted two of the most crucial issues and serious risks that the modern digital world presents: cyber security and the enormous potential of our startups.

India has invited a wide range of non-member countries and international organisations to take part in the event as the world's attention turns to it for the impending G20 meeting. The Netherlands, Bangladesh, Egypt, Mauritius, Oman, Singapore, and the United Arab Emirates are a few of these. The G20 process incorporates a number of international institutions in addition to these invited nations, according to NewsonAir, including the United Nations, the World Bank, and the World Trade Organization. The International Solar Alliance, the Coalition of Disaster Resistant Infrastructure, and the Asian Development Bank have all received invites from India to attend as distinguished guests.

India is well-positioned to lead the G20 in debates on innovation and investment as a country with a robust startup environment and a strong focus on technology.

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The 30 days countdown to India's first ABB FIA Formula E World Championship has begun!

Mumbai, India, 12 January: On Thursday evening, with 30 days until the ABB FIA Formula E World Championship '2023 Hyderabad E-Prix', Mumbai hosted a "30 days to go countdown" event. On February 11, 2023, this historic racing event will be held near the picturesque Hussain Sagar Lake in Hyderabad for the first time. It is part of a four-year deal that will keep the event in India until 2026.

A total of 11 teams with 22 cars will participate, including notable names like McLaren, Maserati , Porsche, Jaguar, Nissan, and Mahindra Racing.

Swati Bhat

Image Courtesy: Pritish Bagdi

The spectacular "30 Days To Go Countdown" which began with a Ganesh Vandana by the Colors of India was graced by Shri. Eknath Sambhaji Shinde, the Chief Minister of Maharashtra, Shri. Nitin Gadkari, Union Minister of Road Transport and Highways of India, Shri. K.T. Rama Rao, Minister of Municipal Administration and Urban Development of Telangana, and Shri. Anil Kumar Chalamalasetty, Founder, Greenko and Ace Group. The event culminated with a special performance by Dharavi Rocks that focused on sustainability.

"We are very happy to welcome the Formula E team to Mumbai and happy that they chose to celebrate this important milestone here at the Gateway of India," communiqué by Chief Minister Maharashtra Shri Eknath Shinde. He continued, "The arrival of the Formula E World Championship in India has made us all proud. This championship will propel us to a more sustainable future, in keeping with the true spirit of progress."

"The Formula E World Championship coming to Hyderabad and India for the first time ever is a testament to the direction of progress India has taken," said Shri K.T. Rama Rao, Hon'ble Minister of IT, Industries, Municipal Administration & Urban Development, Government of Telangana, at the event. Sustainable mobility is the path to a greener, cleaner future. We are honored to host this international event in Hyderabad and invite all of India to attend."

"Today's Mumbai countdown marks a step towards a momentous event in recognition of an urgent need to decarbonize the economy, including the transport and mobility sector," said Anil Kumar Chalamalasetty, Founder of Greenko Group and Ace Group. In 30 days, India will be at the forefront of electric vehicle racing, hosting its first Formula E race in collaboration with the Government of Telangana and with support from the Government of India. We will accelerate our efforts to ensure that India leads the way in terms of sustainability and decarbonization. I cordially invite you to witness history being made on the streets of Hyderabad on February 11th, 2023."

Ace Nxt Gen is hosting the 2023 Hyderabad E-Prix in collaboration with the Government of Telangana and Formula E. Hyderabad will host Round 4 of the championship's 9th season, which will take place between January and July 2023.

Image Courtesy: Pritish Bagdi

Fans from all over the world have responded enthusiastically to the ticket sales, which began on January 4. The tickets are divided into four categories based on their location on the track: Ace Grandstands, Premium Grandstands, Charged Grandstands, and Grandstands.

A total of 11 teams with 22 cars will participate, including notable names like McLaren, Maserati , Porsche, Jaguar, Nissan, and Mahindra Racing. The introduction of the Gen3 Era Formula E car, known for its top speed of 322kmph and status as the world's fastest, lightest, most powerful, and most efficient electric race car, will be the event's highlight.

Ace Nxt Gen is driven by a commitment to decarbonisation for a cleaner and sustainable future. Starting with the mobility sector, Ace Nxt Gen will weave innovation and technology to make an impact in transitioning energy across the globe.

Ticket prices start at ₹1000 and to book tickets and know more about the event, visit – www.acenxtgen.com or in.bookmyshow.com

Tickets have been divided into four categories based on Vantage points as follows:

1. The Ace Grandstand Tickets (₹10,000)

2. Premium Grandstand Tickets (₹6000)

3. Charged Grandstands (₹3500)

4. Grandstands (₹1000)

Image Courtesy: Ace Nxt Gen official

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Trends That Could Rule The Non-Fungible Token Market In 2023

Trends That May Rule the Non-Fungible Token Sector in 2023, according to the future of NFTs. NFTs are projected to become more widely used in the upcoming years.

Pritish Bagdi

Since they can validate and safeguard digital ownership, non-fungible tokens (NFTs) have attracted a lot of attention and are being used in a variety of applications. They are a type of cryptocurrency that shows who owns a particular asset. It might be anything, like a piece of music, a work of art, or even a tweet. These NFTs are becoming increasingly popular among artists as a way to market their digital collections more effectively than in physical form due to their ownership feature. People can, for instance, design their own, distinctive virtual world clothes in video games using an NFT. NFTs are being employed for a variety of reasons, such as the sale of digital collectibles and art, the development of virtual properties, and the representation of in-game objects. But what might the future hold?

Adoption by the general public has grown as a result of the increased awareness of NFTs among artists, musicians, and other content producers. This pattern has encouraged the production and sale of a wider range of NFTs, such as digital artwork, music, films, and other forms of media.

Usage of NFTs for gaming: Many gaming companies are exploring using NFTs for in-game items, such as rare weapons or characters. It allows players to own unique items stored on the blockchain that can't be duplicated.

NFTs as collectibles: NFTs have also been used to create digital collectibles, such as virtual trading cards or digital stickers. These NFTs are often bought and sold by collectors looking for rare or unique items.

Integration with existing platforms: Some platforms, such as social media networks, are exploring the integration of NFTs as a way to allow users to sell their content. NFTs also could enable users to monetize their creations and give them more control over how their content is used and shared.

NFTs for charitable causes: Some NFT sales have been used to raise money for charitable causes, such as the sale of an NFT artwork by the artist Beeple, which raised millions of dollars for Covid relief efforts. This trend has shown the potential for NFTs to be used for more than just buying and selling art and collectibles.

Today, NFTs are in use in a large number of nations. The United States, the United Kingdom, China, South Korea, and other nations have seen substantial growth in NFT use. However, only a few countries have begun experimenting with employing NFTs for administrative purposes, including West Virginia in the U.S., Ukraine, and Georgia.

What uses can NFTs have for the Indian government?

The Indian government may use NFTs in a number of ways, including:

• Using NFTs to authenticate and safeguard works of art and cultural heritage could raise the value of these things and assist to conserve them for future generations.

• NFTs could be used by the government to provide a safe and unchangeable record of land ownership, possibly lowering the likelihood of fraud and mistakes.

• NFTs could be used to confirm people's identities and make sure that identity documents are authentic.

• In the upcoming years, NFTs are projected to become more widely used, be integrated into current platforms, and experience ongoing market expansion. The potential for their use in several applications makes NFTs a promising technology at this moment.

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