India May Set up New Panel to Study Crypto Regulations

The central government may form a fresh panel of experts to study the possibility of regulating cryptocurrency in India, three sources privy of the discussions told FT. This comes amid the prevailing view that the recommendations by a committee headed by former finance secretary Subhash Garg in 2019 for a blanket ban on these assets had become outdated. The new committee’s ambit could be to explore the use of blockchain for technological enhancement and suggest ways to regulate cryptos as digital assets instead of a currency. The committee may also…

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MIT Researchers have Built a Powerful Nanoscale Flashlight on a Chip

For many decades, scientists have used light to identify a material by observing how that light interacts with the material. They do so by essentially shining a beam of light on the material, then analyzing that light after it passes through the material. Because all materials interact with light differently, an analysis of the light that passes through the material provides a kind of “fingerprint” for that material. Imagine doing this for several colors — i.e., several wavelengths of light — and capturing the interaction of light with the material…

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XRSpace Headset Opens Door to New Virtual World

A new virtual reality headset designed for mobility will serve as an entry point into a new virtual world, its maker announced Tuesday. The US$599 Mova headset from XRSpace, founded by former HTC chief Peter Chou, will support 5G and be the exclusive on-ramp to Manova, a social reality platform that aims to defy the boundaries of space and time to bring people together. Users can roam Manova as full-body avatars with a user’s personal features to socialize, work and play in a number of public and private spaces, according…

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India, UK to Ramp Up Cooperation in Science, Technology, Innovation

New Delhi: India and the UK will step up cooperation in the area of science, technology and innovation including strengthening the role of women in STEMM disciplines at schools, universities, and research institutions, the Department of Science and Technology said on Friday. The two sides will work to create an enabling environment for equal participation of women in STEMM (Science, Technology, Engineering, Mathematics and Medicines) disciplines through collaboration on new initiatives like Gender Advancement for Transforming Institutions (GATI) project. In a virtual meeting between Prime Minister Narendra Modi and his…

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IIT Chennai Startup Builds ‘India’s First’ 3D Printed House

Tvasta Manufacturing Solutions, a start-up founded by alumni of IIT Madras, has made what it says is India’s first 3D-printed house. The team printed the structure using a specialty concrete that it had developed to print large-scale 3D structures in short periods. They say the mix is based on ordinary portland cement, which has a lower water-cement ratio. Though concrete is the primary material typically used in construction projects, it cannot be recycled and requires a lot of energy to mix and transport. So, the team’s effort to use technology…

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3-D hand pose estimation using a wrist-worn camera !!

Researchers at Tokyo Institute of Technology (Tokyo Tech) working in collaboration with colleagues at Carnegie Mellon University, the University of St Andrews and the University of New South Wales have developed a wrist-worn device for 3-D hand pose estimation. The system consists of all camera that captures  all the images of the back of the hand, and is supported by a neural network called DorsalNet which can accurately recognize dynamic gestures. Being able to track hand gestures is of crucial importance in advancing augmented reality (AR) and virtual reality (VR) devices that are…

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Robotics startup Genrobotics raises Rs 2.5 crore in pre-series A round funding !!

New Delhi : Robotics startup Genrobotics on Wednesday said it has raised Rs 2.5 crore in pre-series A round funding from existing investors led by Unicorn India Ventures, along with industrialist Anand Mahindra and SEA Fund. The Kerala-based firm, Genrobotics has been working with the Centre and state governments with a mission to eradicate manual scavenging from the entire country and has deployed its Bandicoot robots across 11 states. “The funds raised will be used for the  further scaling up production of Bandicoot to meet the growing demand in light…

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Detel launches Detel Easy electric bike in India for ₹19,999 !!

Detel on Thursday launched a two-wheeler electric bike in India. Dubbed as Detel Easy, the newly launched electric bike costs is ₹19,999 (plus the GST) and it is available in India in three peppy colour variants, which includes jet Black, pearl White and metallic Red. It is available for purchase at Detel India’s website, Detel-india.com and on b2badda.com. The company has partnered with Bajaj Finserv for EMI finance schemes for the customers. As far as the features are concerned, the newly launched Detel Easy is powered by a 6 pipe…

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World UFO Day: Here are five of the most famous ‘flying saucer’ sightings !!

Unidentified Flying Objects (UFO) have captured people’s imagination for thousands of years. There are myths and legends, stories and folklore all woven around the experience of sighting “something” in the sky. Because it is merely “something”— a disk, a flash of light, an object the shape of nothing ever seen before— it is classified as a UFO. UFOs are more often than are not associated with aliens, since legends have it that these flying objects are being flown by, again, “someone” or “something”. This mystery surrounding UFOs has endured since…

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