Latest news with #bridging
Yahoo
4 days ago
- Business
- Yahoo
NEAR Rallies 6.9% as Bulls Reclaim Control After Overnight Selloff
NEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden institutional inflows. The token whipsawed from $2.79 to $2.77 before reclaiming session highs, highlighting a two-phase move characterized by consolidation near $2.78, followed by a selloff and swift recovery. The rebound was triggered by a sharp uptick in volume, with more than 123,000 units traded after 12:01, breaking through resistance levels and signaling potential accumulation by large players. The move capped a broader 6.9% rally from $2.61 overnight support to a $2.79 close during the July 24–25 trading window, fueled by increased volatility and revived bullish sentiment. Analysts view the surge as a potential setup for a test of the $2.83 resistance level, with longer-term projections placing NEAR in a $1.95–$9.00 range for 2025 and as high as $71.78 by 2030. Continued development of cross-chain bridging with Solana and TON is cited as a catalyst for institutional interest and potential price expansion. $0.22 trading range represents 8.50% volatility between $2.83 maximum and $2.61 minimum during 23-hour period. Strong $2.61 support level confirmed with volume exceeding 3.18 million daily average. Recovery momentum from $2.69 to $2.79 close targets $2.83 resistance zone breakthrough. $2.78 consolidation precedes sharp $2.77 support test during mid-session volatility. Exceptional 123,000+ unit volume during final-hour surge confirms institutional accumulation phase. Multiple resistance levels broken during recovery establishing new $2.79 session highs. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Hans India
5 days ago
- Business
- Hans India
Guru Nanak University Launches SAP-Integrated B.Tech Program
Guru Nanak University, Hyderabad, has launched an SAP-Integrated program in collaboration with SAP, marking a milestone in industry-academia partnership. The initiative aims to equip students with real-world enterprise tech skills, enhancing employability and bridging the ERP skill gap. Industry leaders from TCS, HCL, and UST attended the launch. Students will gain hands-on training in SAP modules widely used by Fortune 500 companies. The program, supported by SAP Gold Partner Nobl Q, combines engineering education with global certifications. University leaders hailed the move as a transformative step toward producing future-ready professionals in India's evolving digital economy.


Time of India
21-07-2025
- Health
- Time of India
GMCH Nagpur Dean Performs India's First Public Sector Telesurgery From 1,A00km away
1 2 Nagpur: In a first-of-its-kind medical feat in the public healthcare system, Dr Raj Gajbhiye, eminent surgeon and dean of Government Medical College and Hospital (GMCH), performed two robotic surgeries from a distance of over 1,000km, while seated at a console in Gurugram. The historic procedures, carried out last week using the indigenously developed SSI Mantra Surgical Robotic System, mark India's first telesurgery in a govt hospital. The landmark operations — a hernia repair and a gallbladder removal — were performed by Dr Gajbhiye during his visit to the robotic facility in Gurugram. Despite the vast distance, both procedures were completed with flawless precision and minimal latency, thanks to the seamless integration of robotic technology and on-ground coordination by the surgical team in Nagpur. Dr Gajbhiye returned to Nagpur on Sunday after the successful demonstration. Calling the achievement a breakthrough for public health institutions in India, Dr Gajbhiye said, "This historic surgery sets a precedent for every govt medical institution in India. By successfully demonstrating telesurgery in a public setting, we are redefining the future of healthcare access and medical training. GMCH Nagpur is proud to lead this transformation in collaboration with SS Innovations International. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo " The SSI Mantra system, developed by Indian firm SSII, is the country's first and only indigenous robotic surgery platform. The success of this telesurgical procedure opens up new possibilities for delivering expert care to patients in remote or underserved areas — without the need for specialists to be physically present. "This is a defining moment for Indian healthcare," said Dr Sudhir Srivastava, founder and CEO of SSII. "Our vision is to make world-class surgical care accessible and affordable. With this collaboration with GMC Nagpur, the future of surgery has truly become borderless." This milestone reflects the growing role of indigenous innovation in bridging geographical barriers and democratising access to advanced surgical care, especially within India's public healthcare system. BOX How surgery was done - Dr Raj Gajbhiye operated on two patients in Nagpur while sitting at a robotic console in Gurugram - He performed a hernia and gallbladder surgery remotely - Surgeries were controlled in real time, with near-zero delay and full precision - His actions were relayed instantly to a robotic arm at GMCH Nagpur, guided by a support team - Technology allows expert surgeons to operate on patients in remote areas without being physically present - Reduces need for patients to travel long distances for complex surgeries


Indian Express
19-07-2025
- Business
- Indian Express
India-EU FTA talks: Why resolving differences in services is a significant step forward
In the 12th round of negotiations that concluded earlier this month, India and the European Union managed to close the digital trade chapter 'in principle' and made substantial progress on the text dealing with 'services and investment', marking a significant step forward in concluding the Free Trade Agreement (FTA) that both sides aim to sign by the end of this year. The digital trade chapter of the FTA discussions covers crucial segments such as cross-border data flows, where trade partners decide on commitments to regulate movement of data across borders, which is important for e-commerce and global services. To be sure, the textual positions taken by both sides have not yet been made public. However, bridging the regulatory gap in services between India and the EU would open the door for the Indian services sector to integrate more deeply, scale up, and attract greater investment. This is important since the EU is the largest investor globally, and services represent over 70 per cent of the EU's foreign direct investment (FDI) abroad. According to a 2021 European Parliament report, the EU aimed to remove all 'discriminatory and disproportionate obstacles to establishment in both the services sector, as well as to the supply of cross-border services, in order to ensure a level playing field between EU and Indian service providers'. India has a fast growing IT and financial service sectors that has acted as a cushion for the economy as goods trade remained modest compared to the size of the economy. Regulations on cross-border data flows are among the most contentious topics in trade agreements with the Western countries, especially with the rise of artificial intelligence (AI). Effective AI systems — seen as the cornerstone of the Fourth Industrial Revolution — require diverse datasets from multiple countries. This has sparked a fierce race for data among Silicon Valley firms. India has traditionally resisted altering its stance on data localisation under any plurilateral agreements at the World Trade Organization (WTO) to preserve policy space. It has also tightened norms, notably in April 2018, when the Reserve Bank of India (RBI) made it mandatory for payment system providers such as Mastercard and Visa to store payment data of Indian residents within the country. A 2018 UNCTAD report, Power, Platforms, and the Free Trade Delusion, highlighted the importance of data for innovation. It noted that control over data creates 'market power and barriers to entry for new players'. The UN Conference on Trade and Development (UNCTAD) also highlighted the potential benefits of data localisation, including encouragement to foreign investment in domestic digital infrastructure, enabling enforcement of national laws, as well as safeguarding privacy and cyber sovereignty. Countries such as Vietnam and the Philippines have implemented such measures to promote local capabilities and protect infant industries. The EU status report on the trade talks also stated that negotiators made substantial progress on the investment text. The negotiators had made very good progress on rules for state-to-state mediation, it added. Movement on dispute settlement is significant since it suggests a breakthrough on long-standing EU concerns regarding investment protection in India. A European Parliament report had previously expressed regret that 'uncertainties remain for EU investors, notably as a result of India's decision to unilaterally terminate all its bilateral investment treaties (BITs) in 2016'. However, India has since begun to address the issue by negotiating new investment treaties under a revised framework. While India has shown flexibility in its position, favouring resolution of investor-state disputes under domestic laws, the EU has stated that an investment protection agreement could serve as an 'adequate stepping stone for further strengthening bilateral trade relations,' as it encourages negotiators to work towards establishing a multilateral investment court. Ravi Dutta Mishra is a Principal Correspondent with The Indian Express, covering policy issues related to trade, commerce, and banking. He has over five years of experience and has previously worked with Mint, CNBC-TV18, and other news outlets. ... Read More


Sharjah 24
17-07-2025
- Business
- Sharjah 24
AUS and ADPIC sign MoU
Sets the stage for future collaboration in research, student development and capital project planning The agreement, signed in mid-June by Dr Mohamed El-Tarhuni, Interim Vice Chancellor for Academic Affairs and Provost at AUS, and His Excellency Engineer Maysarah Mahmoud Eid, Director General of ADPIC, sets the stage for future collaboration in research, student development and capital project planning. As part of the MoU, which was signed during the Abu Dhabi Infrastructure Summit (ADIS), the partners outline several broad areas of cooperation between AUS and ADPIC, including joint research, internship opportunities, student career events, and the integration of capital project management topics into selected academic courses at AUS. This collaboration directly supports ADPIC's long-term roadmap to advance infrastructure innovation and develop a skilled national workforce. AUS and ADPIC officials also agreed on a draft framework for the future exchange of information and the development of project-specific agreements. This partnership creates exciting new avenues for students to engage with real-world infrastructure challenges 'We are delighted to be partnering with ADPIC on this important initiative,' said Tod A. Laursen, Chancellor of AUS. 'This partnership creates exciting new avenues for our students to engage with real-world infrastructure challenges, while highlighting AUS' ongoing strong commitment to supporting the UAE's strategic development goals through our academic and research expertise.' His Excellency Maysarah Mahmoud Eid, Director General of ADPIC, said: "This MoU with AUS is a strategic imperative for Abu Dhabi's future. Our infrastructure ambitions demand a pipeline of highly skilled, innovative talent, and this partnership directly cultivates that by creating an integrated ecosystem where cutting-edge research meets practical application. By bridging academia with real-world capital projects, we are building physical assets while investing in intellectual capital that will drive the next generation of urban development across the UAE'. As the entity tasked with overseeing and coordinating all capital projects in the Emirate, ADPIC plays a pivotal role in shaping Abu Dhabi's infrastructure priorities, opening up a wealth of opportunities for AUS students across disciplines, from engineering and architecture to business and public policy. The MoU, which will remain in effect for two years, also promotes the inclusion of ADPIC expertise in student seminars and workshops and the exploration of future employment and training opportunities for AUS graduates. The agreement represents a significant step forward for both institutions, facilitating the integration of academic and research expertise with national development priorities. In doing so, it reinforces the vital role of higher education in shaping the future of the UAE's infrastructure landscape.