Hello Readers,
Did you hear?
President Trump has announced ‘reciprocal tariffs’!
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US President Donald Trump is making headlines. After announcing sharp tariffs on China, Canada, and Mexico, and announcing a 25% tariff on all steel and aluminium imports, he has now announced his intention to impose “reciprocal tariffs”. The memo indicates that Trump has instructed US authorities to develop custom tariffs for each country! This plan would impose tariffs on all countries that impose tariffs on US imports. Trump has ordered a comprehensive study to set up a plan within 180 days! What else?
Trump is planning federal job cuts!
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Trump and Tesla chief Elon Musk are promoting job cuts in government offices. Musk, who is leading DOGE to eradicate bureaucracy and root out corruption, has been facing legal troubles that have led to DOGE being unable to function properly. As a result, Trump signed an executive document, giving DOGE more power and calling for a “workforce optimization initiative”. The orders have instructed US departments to “large scale reductions in the workforce”, limit hiring for essential positions only, and consult with DOGE on the matter! What about foreign policy?
Putin and Trump are holding talks!
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The Russia-Ukraine war appears to be nearing a decisive end as Presidents Trump and Putin are holding talks! Both bigshots have agreed to begin negotiations to bring about an end to the three-year-long Russia-Ukraine war and move forward. Moreover, Trump has revealed that he expects to meet President Putin in Saudi Arabia while China has offered to hold a summit to end the war! However, Ukrainian and EU leaders fear both parties may reach a ‘dirty deal’. Ukraine has stated that it would not accept any deals made in its absence from negotiations. What about India?
PM Modi met President Trump!
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Indian PM Narendra Modi was in France earlier this week where he met President Emmanuel Macron. Macron offered France as India’s gateway for trade into the European Union as both parties held high-level talks on matters like Defence, Space, UN, and more. After that, PM Modi left for the US where he was greeted with honours. President Trump hugged him and said, “We missed you, we missed you a lot." Trump called PM Modi a “great friend” and that both of them shared a “wonderful relationship”! What did they talk about?
India and the US are entering into a ‘mega partnership’!!
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Both leaders held high-level talks which resulted in the announcement of a ‘mega partnership’ between the US and India. Both countries have decided to boost bilateral trade with a target of reaching $500 billion (currently around $130 billion) by 2030! Both countries will be increasing cooperation in the fields of artificial intelligence, semiconductors, and more as India will be buying more US oil and gas. Moreover, the US has finally agreed to extradite Tahawwur Rana, a key accused in the 26/11 Mumbai terror, to India! This partnership is expected to be increasingly beneficial for India’s future prospects!
Speaking of future, did you hear? Generative AI will be a key requirement in all future roles!?
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Since the launch of ChatGPT in late 2022, the world has been incorporating Artificial Intelligence (AI) in almost every aspect. Today, AI is helping with legal work, medical prescriptions, lunch recommendations, and so much more. Every new smartphone model is being incorporated with some AI model that makes life much easier for us.
Generative AI is making work more efficient in the workforce while improving accuracy. But how?
- Automating Repetitive Tasks – AI can handle routine tasks like data entry, report generation, and email responses, freeing employees for strategic work.
- Boosting Customer Support – AI chatbots and virtual assistants provide instant responses to customer queries, improving efficiency and satisfaction.
- Enhancing Personalization – AI can tailor recommendations, emails, and marketing campaigns based on user behavior, leading to more effective engagement.
- Optimizing Workflows – AI can identify inefficiencies in business processes and suggest improvements to enhance productivity.
- Facilitating Collaboration – AI tools like real-time translation and transcription improve communication across global teams.
- Reducing Human Error – AI-driven automation ensures accuracy in financial calculations, compliance checks, and data processing tasks.
Considering its importance and benefits, companies are heavily investing in it or planning to! According to a study by McKinsey, most C-suite respondents already have roadmaps to guide their Gen AI strategies and have begun identifying use cases. However, only 1% of respondents believe their AI investments have reached maturity while 92% plan to invest more in the next 3 years!
This indicates that the market is all set to grow more in the next 5 years!!
Moreover, Indian companies are also taking this trend seriously. HCL Tech has announced its plan to train 20,000 employees in Generative AI every quarter! With the application of AI expanding rapidly, Generative AI is becoming one of the most important fields that every employee needs to upskill in!!
Are you ready?
Join our workshop on Generative AI to get some important tips and tricks that you can use on your job from the first day! From understanding the basics, decoding prompts, understanding the market, future prospects, and application in multiple fields, learn it all in our latest workshop conducted by industry experts!!
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