IIT-Madras Current Affairs, GK & News

UPI: 3.55 billion transactions in August

The Unified Payments Interface (UPI) by National Payments Corporation of India (NPCI) recorded more than 3 billion transactions in August 2021. Highlights More than 3 billion transactions were recorded for the second consecutive month in a row. This indicates the increasing trend of adoption of digital payments by consumers amid the Covid-19 pandemic. UPI recorded ..

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IIT Madras to Develop Online Marketplace called e-Source

IIT Madras is in process of developing an online platform called e-Source that will be used to tackle electronic wastes (e-waste). Key Facts E-Source will be used to tackle e-waste by linking stakeholders of the formal and informal economy. e-Source will act as an exchange platform to serve as an online marketplace for Waste Electrical ..

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NeoBolt: India’s first indigenous Motorised Wheelchair Vehicle

Indian Institute of Technology (Madras) has developed India’s first indigenous motorised wheelchair vehicle called NeoBolt. Key Facts NeoBolt can be used on roads as well as on uneven terrains. It has a maximum speed of 25 kmph and it can travel up to 25 km per charge. It was developed to empower wheelchair users a ..

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AI tool developed by IIT-M to study cancer causing mutations

NBDriver (neighbourhood driver) is an AI tool which can be used in analyzing the cancer-causing mutations in cells. This AI tool has been developed by researchers working at the Indian Institute of Technology Madras (IIT-M) About NBDriver The researchers of Indian Institute of Technology Madras (IIT-M) have created a mathematical model based on artificial intelligence. ..

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IIT Madras launches ‘Centre for Research on Start-Ups and Risk Financing’

Indian Institute of Technology (IIT) Madras has launched a ‘Centre for Research on Start-Ups and Risk Financing’ (CREST) which will provide academic & thought leadership in innovation, entrepreneurship and risk capital. About CREST CREST will help in creating a data repository on Indian start-ups and ventures. It will address a hurdle for engaging in high-quality ..

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