Manufacturing strengthens in July

The Nikkei India Manufacturing Purchasing Managers' Index rose to 52.5 in July from 52.1 in June.

from Economy-News-Economic Times https://ift.tt/2LTj2Zg

Rains may boost milk output ahead of festivals

India’s milk production had dropped 10% in June from a year-ago period but a recovery is expected

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India is only major Asian economy that’s growing its export share during trade war

India’s share of world exports rose to 1.71% in the first quarter of 2019 from 1.58% in the fourth quarter of 2017

from Economy-News-Economic Times https://ift.tt/2MuxsyA

Finance Secretary Rajiv Kumar likely to represent government in Bimal Jalan panel

The committee, headed by former RBI governor Bimal Jalan, is expected to get an extension before it finalises its report, said sources.

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Taking Nasa's space buggies for a spin

BBC Click's Spencer Kelly takes a ride in some in some of Nasa's latest vehicles.

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BBC Click's Spencer Kelly takes a ride in some in some of Nasa's latest vehicles.

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RBI capital transfer: Jalan panel likely to get extension to finalise report

The extended deadline of the Bimal Jalan committee -- constituted to assess the optimum size of capital reserves that the Reserve Bank of India (RBI) should hold -- ended in July.

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India's exports need to contribute USD 1 trillion in economy: Piyush Goyal

Goyal urged manufacturers and exporters to come forward with data and details which directly and indirectly add to the cost of exported products like cess paid on coal, electricity and royalty paid on mines.

from Economy-News-Economic Times https://ift.tt/2YBusXA

Government receipts only 14% of full year target in April-June quarter

Government receipts have reached just about 14 per cent of the Budget estimate for financial year 2019-20 in the April-June quarter, indicating that economic slowdown has already begin impacting revenues.

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Direct tax report likely to be submitted on August 16

​In order to replace the existing Income Tax Act, 1961, the government is aiming to come out with a new Direct Tax Code.

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Eight core sectors' output rises 0.2 per cent YoY: Govt

As per the press release, the key industries registered 0.2 per cent higher growth in the said month compared to 6.7% of May 2018.

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Union Cabinet approves bill to regulate chit funds industry

The bill is aimed at fulfilling the objectives of reducing the regulatory or compliance burden of the registered chit funds industry.

from Economy-News-Economic Times https://ift.tt/2YifOFq

Fiscal deficit crosses 61% of budgeted target in first 3 months of 2019/20

The government has set a fiscal deficit target of 3.4% for 2019/20, same as 2018/19.

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Facebook funds AI mind-reading experiment

Machine-learning algorithms interpret speech from brain signals, in a study funded by the social network.

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Machine-learning algorithms interpret speech from brain signals, in a study funded by the social network.

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Some very hungry cows may rescue India from a giant sugar glut

India swings between being a sugar importer and exporter, depending on the size of local output.

from Economy-News-Economic Times https://ift.tt/2KdRRFf

Russia denies OneWeb's satellite internet request

OneWeb, which is based in the UK, was seeking to use a certain band of radio frequencies in Russia.

from BBC News - Technology https://ift.tt/3354cUP

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OneWeb, which is based in the UK, was seeking to use a certain band of radio frequencies in Russia.

from BBC News - Technology https://ift.tt/3354cUP

Govt wants minimum laws, maximum governance : Labour Secretary H L Samariya

The labour ministry wants to introduce four Codes which would subsume all labour laws in more simplified and rationalised form.

from Economy-News-Economic Times https://ift.tt/2MrQDZW

The Lion King - how VR brought the animals to life

Director Jon Favreau explains how technology allowed the film to obtain a documentary look.

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Director Jon Favreau explains how technology allowed the film to obtain a documentary look.

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Innovation key for India to become USD 5 trillion economy: Dharmendra Pradhan

Pradhan further said that India will become the largest consumer of fossil fuel in the next 15 years.

from Economy-News-Economic Times https://ift.tt/2OsM7Nf

US 'working hard' with India to help grow its economy: Mike Pompeo

Pompeo's remarks came weeks after a delegation of the US Trade Representatives travelled to India for talks on a wide range of bilateral trade issues

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Rs 500cr farm income got I-T relief sans verification: CAG

The CAG asks I-T department to revisit cases where agricultural income excess set threshold.

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India-US relationship needs urgent attention, faces risk of downward spiral: Expert

Trade tensions between India and the US are on the rise with the US President Trump saying that tariffs imposed by New Delhi on US products are "no longer acceptable".

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CAG for review of integrated GST settlements

The CAG report for 2018 said incidents of such claims going undetected by the system exposed the vulnerability of the system to fraudulent input tax credit (ITC) claims.

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It comes as a trade row between Seoul and Tokyo creates fresh uncertainty for the electronics giant.

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Samsung profits tumble as it warns of 'challenges' ahead

It comes as a trade row between Seoul and Tokyo creates fresh uncertainty for the electronics giant.

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July revival washes away monsoon deficit

Seasonal rainfall deficit shrinks substantially, crop planting now almost at last year’s level.

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Chinese vlogger caught using filter to make herself look younger upsets fans.

from BBC News - Technology https://ift.tt/2KgVVVe

India likely to import 2.5 million tonne palm oil from Malaysia

Malaysian Palm Oil Council CEO Kalyana Sundram said, India consumes 20 million of oils and fats and produces 10 million tonne, the rest are imported.

from Economy-News-Economic Times https://ift.tt/2ykP8EC

Drones grounded after crash near playing children

Drones carrying lab samples between hospitals in Switzerland have been grounded.

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Drones carrying lab samples between hospitals in Switzerland have been grounded.

from BBC News - Technology https://ift.tt/2YxPxxY

Punjab CM Amarinder Singh seeks crop diversification model

Expressing concern over the fast depleting water table, Singh underlined the need to prioritise less water consuming crops, beginning with maize and cotton.

from Economy-News-Economic Times https://ift.tt/2KcJNVs

Google reveals fistful of flaws in Apple's iMessage app

The security researchers involved say that Apple has yet to fix all of the discovered flaws.

from BBC News - Technology https://ift.tt/2ylMj66

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The security researchers involved say that Apple has yet to fix all of the discovered flaws.

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Fire Emblem: Nintendo cuts voice actor over emotional abuse

Chris Niosi is being removed from Fire Emblem: Three Houses, days after the game's release.

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Chris Niosi is being removed from Fire Emblem: Three Houses, days after the game's release.

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Giffgaff fined £1.4m for overcharging mobile customers

Regulator Ofcom says "unacceptable" mistakes affected 2.6 million customers of the mobile phone group.

from BBC News - Technology https://ift.tt/2MpngHC

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Regulator Ofcom says "unacceptable" mistakes affected 2.6 million customers of the mobile phone group.

from BBC News - Technology https://ift.tt/2MpngHC

How to get visitors on to your home wi-fi easily

The tech hack that means visitors to your home will never have to ask for your wi-fi login again.

from BBC News - Technology https://ift.tt/2SPTcWA

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The tech hack that means visitors to your home will never have to ask for your wi-fi login again.

from BBC News - Technology https://ift.tt/2SPTcWA

Huawei sees trouble ahead despite revenue rise

The Chinese tech giant has been under global scrutiny for allegedly posing a security risk.

from BBC News - Technology https://ift.tt/2LLosWp

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The Chinese tech giant has been under global scrutiny for allegedly posing a security risk.

from BBC News - Technology https://ift.tt/2LLosWp

Turmeric Exports Hit by US Sanctions Against Iran

Exports to Iran have come to a standstill since May with the expiry of the US sanctions waiver to India for six months.

from Economy-News-Economic Times https://ift.tt/2K64X7m

Capital One data breach: Arrest after details of 100m US individuals stolen

The hacker gained access to individuals' date of birth, addresses and phone numbers.

from BBC News - Technology https://ift.tt/2SPh1xM

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The hacker gained access to individuals' date of birth, addresses and phone numbers.

from BBC News - Technology https://ift.tt/2SPh1xM

View: Data protection law must guard against internal and foreign threats to citizen privacy

Despite the urgent need for legal limits, the Personal Data Protection Bill requires proper scrutiny and consultation.

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Grindr's Chinese owner said US authorities no longer object to a public listing of the gay dating app.

from BBC News - Technology https://ift.tt/2OsdgQk

Grindr: Chinese parent company plans to list gay dating app

Grindr's Chinese owner said US authorities no longer object to a public listing of the dating app.

from BBC News - Technology https://ift.tt/2OsdgQk

World merchandise trade up 3% in 2018, lower than 4.6% growth in 2017: WTO

​As per the report, over the 2008-2018 period, China, Vietnam and India were the most dynamic traders among all Asian economies.

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Rise in rating downgrades reflects slump in economy

Rating cuts outpace upgrades by two to one during Jan-June, first time since 2016.

from Economy-News-Economic Times https://ift.tt/2LKOWqR

China jails award-winning cyber-dissident Huang Qi

Huang Qi - who was the first person put on trial for internet crimes in China - is jailed again.

from BBC News - Technology https://ift.tt/310yjuS

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Liberty brought the challenge against the government's so-called "Snoopers' Charter" in June.

from BBC News - Technology https://ift.tt/2KcjzSO

Rights group loses mass surveillance appeal in High Court

Liberty brought the challenge against the government's so-called "Snoopers' Charter" in June.

from BBC News - Technology https://ift.tt/2KcjzSO

Slowdwon, NBFC crisis pose fresh NPA scare, warns Moody's

​Anbarasu said there will be a slowdown in fresh bad loans generation in the non-financial sector due to recovery of the corporate sector and also recoveries from legacy problem loans.

from Economy-News-Economic Times https://ift.tt/2OqoFA8

Panel to meet again on funds transfer: Bimal Jalan

"Since a new nominee has come, the RBI would decide on exactly what needs to be done and I can't comment more at this time," Jalan said.

from Economy-News-Economic Times https://ift.tt/315N53l

Government has garnered Rs 12,357.49 crore from disinvestment: DIPAM

Privatisation of Air India is also slated this fiscal and also a host of strategic sales. The number of listed CPSEs is 59.

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A council tenant used a fake identity to rent out his central London flat to tourists on Airbnb.

from BBC News - Technology https://ift.tt/2Oz1uEa

Airbnb host fined £100,000 for letting council flat

A council tenant used a fake identity to rent out his central London flat to tourists on Airbnb.

from BBC News - Technology https://ift.tt/2Oz1uEa

Sohan Lal Commodity partners up with SBI for collateral management

As part of the agreement, SLCM will manage the quantity and quality of the collateral and the commodities will be stored in licensed & non-licensed warehouses.

from Economy-News-Economic Times https://ift.tt/2Yo9Qy1

West Bengal clamps down on middlemen in grain purchase

The list of farmers is being uploaded on to the scheme’s website by the Food Supplies Department.

from Economy-News-Economic Times https://ift.tt/2OFPGA3

More meat-loving Indians mean chicken feed imports are surging

Corn purchases by Asia’s second-biggest grower are set to climb to a record 1 million tons in the year starting in November.

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How technology boss Vik Verma was able to get a visa to emigrate to the US and make a fortune in business.

from BBC News - Technology https://ift.tt/2ZirkwT

'He liked my spirit, and approved my visa on the spot'

How technology boss Vik Verma was able to get a visa to emigrate to the US and make a fortune in business.

from BBC News - Technology https://ift.tt/2ZirkwT

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No pay, nasty messages and hack attempts - the friends who look after social media for Love Island contestants.

from BBC News - Technology https://ift.tt/2YoqhKv

'I don't get paid' - Running Instagram for Love Islanders

No pay, nasty messages and hack attempts - the friends who look after social media for Love Island contestants.

from BBC News - Technology https://ift.tt/2YoqhKv

Technew

Fifteen-year-old Jaden Ashman wins half of $2.25 million (£1.8m) after coming second with his teammate in the Fortnite World Cup duo finals.

from BBC News - Technology https://ift.tt/2YnzXZZ

Fortnite World Cup: 15-year-old Brit Jaden Ashman is gaming millionaire

Fifteen-year-old Jaden Ashman wins half of $2.25 million (£1.8m) after coming second with his teammate in the Fortnite World Cup duo finals.

from BBC News - Technology https://ift.tt/2YnzXZZ

India rice exports could hit 7-year low on weak demand, higher prices: Industry

Lower shipments from India will help rivals such as Vietnam and Myanmar in raising their exports, according to Indian exporters.

from Economy-News-Economic Times https://ift.tt/2K1NDSt

Monsanto seeks time to respond to CCI probe on it abusing dominant position in India

The investigation arm of the antitrust watchdog had said Mahyco Monsanto Biotech was charging unfair licence fees and entering pricing agreements to overcharge farmers for the seeds.

from Economy-News-Economic Times https://ift.tt/2JYvYe5

Sluggish animal spirits highlight India’s struggle with slowdown

Services activity contracted for the first time in 13 months, adding to India’s struggles in reviving consumer demand.

from Economy-News-Economic Times https://ift.tt/2YfI3Vm

It’s not the govt’s intent to hit FPIs: Nirmala Sitharaman

Sitharaman also told ET in an interview that the government was keeping a close watch on the economy.

from Economy-News-Economic Times https://ift.tt/313F4fv

As slowdown bites, India Inc readies to tighten belt

Some veterans of India Inc are optimistic that a turnaround isn’t too far away.

from Economy-News-Economic Times https://ift.tt/31aQi1Z

Significant rate cut would do a lot of good to the country, says Nirmala Sitharaman

The finance minister says CAG’s comments on fiscal deficit are being looked into seriously.

from Economy-News-Economic Times https://ift.tt/2YqaLhs

Nasa’s Valkyrie robot could help build Mars base

The semi-autonomous robot is able to use human tools and guide itself across difficult terrain.

from BBC News - Technology https://ift.tt/2YsUw2U

Technew

The semi-autonomous robot is able to use human tools and guide itself across difficult terrain.

from BBC News - Technology https://ift.tt/2YsUw2U

US teenager wins £2.4m playing computer game Fortnite

It is the largest prize pool in the history of e-sports, with $30m shared amongst the winners.

from BBC News - Technology https://ift.tt/3108oTX

Technew

It is the largest prize pool in the history of e-sports, with $30m shared amongst the winners.

from BBC News - Technology https://ift.tt/3108oTX

Canada pension funds lead race for GIP’s Indian road assets

Other contenders such as Piramal and National Investment and Infrastructure Fund (NIIF) had backed out, citing high valuations.

from Economy-News-Economic Times https://ift.tt/2MkUxDD

View: Why India needs an 'eyeglasses to all' mission

A mission to provide eyeglasses can pave the way for large-scale manufacturing and raise productivity.

from Economy-News-Economic Times https://ift.tt/32W2XXX

UP's role to be critical in making India USD 5-trillion economy: Chandrasekaran

He further said that the state offers significant opportunities for expansion and the Tata Group sees immense potential, whether it is the renewable space, tourism, airlines or electric mobility.

from Economy-News-Economic Times https://ift.tt/2MhScJT

Cannot reject insolvency plea over claims disputed after demand notice: NCLAT

A three-member Bench, headed by Chairman S J Mukhopadhaya, observed that "existence of dispute must be pre-existing i.e. it must exist before the receipt of the demand notice or invoice".

from Economy-News-Economic Times https://ift.tt/2SJ1jEq

We are in throes of Industrial Revolution 4.0: Narendra Jadhav

The book, "New Age Technology and Industrial Revolution 4.0 was released by Vice President M. Venkaiah Naidu earlier this week.

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Substantive engagement with the US key to India’s $ 5 trillion economy: Hardeep Puri

India's economic policy needs to focus on strong ties with the States if it plans on fulfilling the 5 trillion dream.

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Technew

Lisa Dallman's fifteen year old son Jaden Ashman has just won half of $2.25 million (£1,817,000) in the Fortnite World Cup finals.

from BBC News - Technology https://ift.tt/2ytTbi5

Mum of teen British Fornite player: 'I've thrown an Xbox out'

Lisa Dallman's fifteen year old son Jaden Ashman has just won half of $2.25 million (£1,817,000) in the Fortnite World Cup finals.

from BBC News - Technology https://ift.tt/2ytTbi5

Technew

Jaden Ashman, 15, from Essex has won half of $2.25 million (£1.8m) in the Fortnite World Cup finals.

from BBC News - Technology https://ift.tt/2Y7tVxb

Teen Fortnite millionaire: 'I got first Xbox when I was six'

Jaden Ashman, 15, from Essex has won half of $2.25 million (£1.8m) in the Fortnite World Cup finals.

from BBC News - Technology https://ift.tt/2Y7tVxb

View: India should not be surprised at foreigner investors turning their back on it

Wooing foreign investors requires a conducive, competitive climate, which is absent. The outlook is bleak.

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Technew

Jaden Ashman from Essex will split $2.25m (£1,8m) with his Dutch team mate Dave Jong.

from BBC News - Technology https://ift.tt/32YZacK

Fortnite: UK player places second in e-sports World Cup

Jaden Ashman from Essex will split $2.25m (£1,8m) with his Dutch team mate Dave Jong.

from BBC News - Technology https://ift.tt/32YZacK

No rethink on overseas sovereign bond issue: Nirmala Sitharaman

There have been reports that the Rashtriya Swayamsevak Sangh and the Swadeshi Jagran Manch have expressed reservations on the decision.

from Economy-News-Economic Times https://ift.tt/3198XLB

PMO told Subhash Garg about transfer before he made VRS request

According to sources, Garg was requested not to take any hasty decision as he could contribute significantly in another ministry.

from Economy-News-Economic Times https://ift.tt/2LIUSkj

Economic offenders serious threat to global stability, says India as it calls for joint BRICS action

He also advocated for coordinated efforts to strengthen mechanisms for sharing of information, best practices and capacity building.

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Trump targets developing countries, wants WTO to end “unfair benefits” in 90 days

Experts said that this move means the US has taken the right to declare the developing status of a country.

from Economy-News-Economic Times https://ift.tt/2K6lAzR

India has game plan for electric vehicles: NITI Aayog CEO

To facilitate charging infrastructure, Kant said newer models should be explored and start-ups must be facilitated in this area.

from Economy-News-Economic Times https://ift.tt/2ZiklnQ

India can exploit US-China trade war, say texpreneurs

With the global export of textiles pegged at USD 260-billion, the export from China to US has gone down by three to four per cent in the last five months.

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Technew

The founder of one of the worlds most well known esports teams speaks to Newsbeat about their 15 year journey.

from BBC News - Technology https://ift.tt/2ybWIRV

Fnatic: 15 years at the top of esports

The founder of one of the worlds most well known esports teams speaks to Newsbeat about their 15 year journey.

from BBC News - Technology https://ift.tt/2ybWIRV

Government to kick off 7th economic census from Monday

As per the last Economic Census conducted in 2013, there were 58.5 million establishments employing around 131 million workers.

from Economy-News-Economic Times https://ift.tt/2LIQmSN

GST on EVs slashed to 5% from 12%

The Council also slashed the GST on EV Chargers from 18% to 5%. The new rates will be effective from 1st August 2019.

from Economy-News-Economic Times https://ift.tt/2Om6Geo