Category: BUSINESS

Mountain View, October 23, 2025 — Google CEO Sundar Pichai highlighted the company’s recent milestone in achieving verifiable quantum advantage, calling it a major breakthrough with potential applications in drug discovery and materials science. Speaking at a technology conference, Pichai explained that quantum computing can now perform certain calculations exponentially faster than classical computers, opening new avenues for solving complex scientific problems that were previously infeasible.

Pichai emphasized that this achievement could accelerate the development of new pharmaceuticals, optimize chemical processes, and advance materials research. He noted that Google is collaborating with research institutions and industry partners to translate quantum computing breakthroughs into practical solutions, reinforcing the company’s commitment to pushing the boundaries of science and technology.

New Delhi, October 23, 2025 — India’s crude oil import costs have risen as the country reduces its purchases from Russia, according to a recent report. The shift comes amid mounting pressure on New Delhi to diversify its oil sourcing and cut dependency on Russian crude due to geopolitical considerations and Western sanctions. Analysts noted that the decline in Russian crude imports has led India to procure oil from alternative markets, often at higher prices, contributing to an increase in overall import costs.

The report highlighted that while India continues to secure adequate energy supplies, the transition is impacting refinery margins and domestic fuel prices. Government sources indicated that efforts are underway to balance strategic energy needs with cost efficiency, including exploring long-term contracts with other oil-producing nations and boosting domestic refining capacities to mitigate the financial impact of rising crude costs.

Mumbai, October 23, 2025 — Indian stock markets opened on a strong note today, with the Nifty 50 crossing the 26,000 mark for the first time since September 2024. The index opened at 26,057.20, up 188.60 points or 0.73%, while the BSE Sensex surged 727.81 points to 85,154.15, approaching its all-time high of 85,478.25. This rally was driven by renewed investor optimism, buoyed by expectations of a potential India-US trade deal and positive global cues.

The market’s positive momentum was further supported by strong buying interest in IT stocks and fresh foreign fund inflows. Analysts noted that the rally reflects growing confidence in India’s economic recovery and corporate earnings prospects. With the Nifty approaching its record high of 26,277.35 and the Sensex nearing its peak of 85,978.84, investors are hopeful that the upward trend will continue in the near term.

New Delhi, October 22, 2025 — A total of 1,480 apprentices have been trained in artificial-intelligence-related roles under the National Apprenticeship Promotion Scheme-2 (NAPS-2) between financial years 2023-24 and 2025-26, according to a written reply from the Ministry of Skill Development & Entrepreneurship. The AI-related trades include roles such as AI-Business Intelligence Analyst, AI-Data Engineer, AI-Machine Learning Engineer, AI-DevOps Engineer, and Python AI Trainee.

This initiative forms part of a broader government push to align apprenticeship training with rapidly evolving sectoral demands, particularly in emerging technology fields. The ministry also cited that simplification of the apprenticeship framework, expansion of optional trades, and integration with AI skilling modules are key components under NAPS-2.