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External Affairs Ministry of India grants $1 Million to drought-hit Zimbabwe in Africa

Zimbabwe has been hit by the worst drought in two decades and thousands of people might be facing starvation by the end of 2016

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Drought affected area. Image source: Wikimedia Commons
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New Delhi, August 16, 2016: India has handed over $1 million as grant to the African nation,  following an appeal made by drought-hit Zimbabwe, the External Affairs Ministry said on Tuesday.

“Last week, Indian Ambassador to Zimbabwe handed over $1 million to the government of Zimbabwe as a grant from the government of India in response to the appeal made by Zimbabwe,” the ministry said in a statement.

Image source: Wikimedia Commons
Misheck Sibanda. Image source: Wikimedia Commons

“Accepting the grant, Misheck Sibanda, Chief Secretary to the President and Cabinet, thanked for the quick response by the government of India to an international appeal made by Zimbabwe in the wake of El Nino-induced drought disaster,” it stated.

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Sibanda, according to the statement, said that Zimbabwe was happy with the sound relationship that exists between Zimbabwe and India in critical sectors of the economy such as small and medium enterprises, information and communication technology, energy, education and pharmaceuticals.

“India also announced that the logistical modalities are being worked out for the donation of 500 metric tonne of rice in the second phase of assistance,” the External Affairs Ministry said.

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Zimbabwe has been hit by the worst drought in two decades and thousands of people might be facing starvation by the end of this year, in 2016, according to reports. (IANS)

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Oracle Witnessing Double-Digit Growth in India For Past 3 Years

The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft

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Cloud major Oracle, which is seeing high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India, has witnessed double-digit growth in the country for the past three years, a top company executive has said.

Start-ups and small and medium businesses (SMBs) are fast adopting Oracle’s Software-as-a-Service (SaaS) in the country.

“We are seeing double-digit growth (on an average) in the country. In fact, that’s both in our NetSuite business as well as our enterprise business.

“The India Cloud business is really booming. Overall, the double-digit growth has been there for the last three years in the country, which has been the best-performing region in the Asia-Pacific for us,” Shaakun Khanna, India SaaS GTM Lead, Oracle, told IANS in an interview.

The company competes with major Cloud players like Amazon Web Services (AWS), Google Cloud Platform and Microsoft Azure and provides services such as SaaS, Platform-as-a-Service (PaaS) and Data-as-a-Service (DaaS).

According to Oracle, as a corporation, the firm is on track to become the top SaaS company in the world.

The company offers innovative and proven Cloud suite of SaaS applications that enable customers to transform their business with the latest intelligent technologies such as Artificial Intelligence (AI) and Machine Learning (ML).

“From a perspective of completeness of our enterprise applications, there’s no one who can compare with us. So, that’s pretty much our objective and vision in India as well,” Khanna added.

Oracle Launches Intelligence Map for Close Look at Internet.
Witnessing double-digit growth in India for past 3 years: Oracle. IANS

According to the company, going “autonomous” gave it an edge over rivals in the country.

Larry Ellison, Co-Founder and Executive Chairman of Oracle, in October unveiled the second generation Oracle Cloud with autonomous capabilities, improved security and upgrades for enterprises at the company’s annual user conference “Oracle Open World 2018” in San Francisco.

According to Khanna, autonomous is probably the biggest thing because, with autonomous, the ability to engage technologies like AI, ML, UI-UX, is there.

“I think the other advantage is our diversity, because if you look at it, we are the only company of our stature in the world that has everything — it’s not just the applications that are ours, the hardware, the infrastructure, the database, everything is Oracle,” Khanna noted.

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The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft.

“If you look at the way Oracle built its first set of Cloud infrastructure is very similar to how Google built it, how Amazon built it, how Microsoft built it, almost everyone built it and we are doing exactly the same.

“Larry and the other founders who started Oracle — they were working for a CIA project and then they came out and started Oracle. So we understand security from our DNA,” said Mitesh Agarwal, Vice President, Key Accounts, Oracle India.

“Almost all of our competitors have never managed to move an enterprise workload to the Cloud — not a single one of them. They all have peripheral applications that have moved to the Cloud. That’s still only about 5-6 per cent of the workloads in the world,” Agarwal informed. (IANS)