Brushing: When Amazon packages arrive that you didn't order

Zoe Kleinman looks at the sneaky way some sellers are trying to boost their products on Amazon.

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Currys PC World apologises after gift cards wiped

The company is still assessing how many customers may have been affected.

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Zoom boosts sales forecast as pandemic drags on

The pandemic has transformed the fortunes of the video conferencing firm, once a niche tech name.

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China-US trade war: Beijing escalates tit-for-tat with Washington

Beijing has introduced tough new laws which restrict the export of "controlled items".

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How AI is helping rural African farmers

An AI-backed mobile app is helping farmers in rural areas gain critical information for their crops.

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Using tech to prevent car theft in Cameroon

A Cameroon startup is using mobile and satellite communications to track down stolen cars.

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Technew

Zoe Kleinman looks at the sneaky way some sellers are trying to boost their products on Amazon.

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Technew

The company is still assessing how many customers may have been affected.

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Technew

The pandemic has transformed the fortunes of the video conferencing firm, once a niche tech name.

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Technew

Beijing has introduced tough new laws which restrict the export of "controlled items".

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Technew

An AI-backed mobile app is helping farmers in rural areas gain critical information for their crops.

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Technew

A Cameroon startup is using mobile and satellite communications to track down stolen cars.

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India's factory recovery stumbled in November on lingering Covid fears

Asia's third-largest economy and the second most affected country by the pandemic contracted 7.5% in the July-September quarter, compared to a record 23.9% slump in the previous quarter amid some signs of a recovery in manufacturing, official data showed on Friday.

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Q3 should see further boost to manufacturing: NITI Aayog VC Rajiv Kumar

Third-quarter should see a further improvement in manufacturing — two-wheelers, tractors, consumer durables etc will do well. And, will sustain in fourth quarter.

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Facebook and Google 'complicit' in Vietnam censorship

Rights group Amnesty has accused Facebook and Google of increasingly blocking criticism and dissent.

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Technew

Rights group Amnesty has accused Facebook and Google of increasingly blocking criticism and dissent.

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Tomar invites protesting farmers for talks today

"Keeping in view the cold and Covid-19, we have invited leaders of farmer unions for discussion much before the scheduled December 3 meeting," Tomar told PTI.

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View: Forget `recession’ talk; Focus on big reforms and win!

Recession talk now is meaningless. Not because it is not real or does not hurt people but because it is a product of an extraordinary, once-in-a-generation nature of the pandemic that is now raging across much of the world.

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Facebook News will pay UK outlets for content in 2021

Starting in January, Facebook will pay UK publishers for some - but not all - of their content.

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Why shops are going over to the 'dark' side

Some retailers are converting stores into mini-distribution hubs in response to Covid-19.

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Why shops are going over to the 'dark' side

Some retailers are converting stores into mini-distribution hubs in response to Covid-19.

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Technew

Starting in January, Facebook will pay UK publishers for some - but not all - of their content.

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Technew

Some retailers are converting stores into mini-distribution hubs in response to Covid-19.

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Italy fines Apple €10m over iPhone water-resistance claims

Italy's competition authority has fined Apple €10m for misleading claims about the iPhone.

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Technew

Facial expressions and how long staff speak for would contribute to a score given to a meeting.

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Technew

Italy's competition authority has fined Apple €10m for misleading claims about the iPhone.

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Microsoft files patent to record and score meetings on body language

Facial expressions and how long staff speak for would contribute to a score given to a meeting.

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India may impose anti-dumping duty on tyre imports from Thailand

“There is substantial increase in imports of subject goods from subject country in absolute terms as well as in relation to production and consumption in India as compared to the previous years…The Domestic Industry has suffered material injury… caused by the dumped imports,” DGTR said in a notification.

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Extended ECLGS can infuse over Rs 40,000 crore liquidity: Report

The possible over Rs 40,000-crore liquidity through the ELCGS 2.0 will be sufficient to help companies, including those hit by a sharp decline in cash flows because of the pandemic, to overcome liquidity pressures, says a Crisil report.

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Punjab farmers sold more paddy at higher MSP than last year: Javadekar on opposition to new farm laws

Posting on his Twitter handle, Javadekar, the Minister of Environment as well as Information and Broadcasting, said, "Do not misunderstand the agricultural law. Punjab farmers sold more paddy at higher MSP in the market this year compared to last year. MSP is alive and market is also alive and government procurement is also happening."

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India's consumer spending to return to growth in 2021: Fitch Solutions

In nominal terms, total household spending will only be 1.2 per cent higher than what it was in 2019 (Rs 123 lakh crore in 2021, compared to Rs 121.6 lakh crore in 2019), indicating the extent of the impact that the COVID-19 pandemic has had on consumer spending.

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S&P retains India's growth forecast at (-)9 per cent this fiscal

"We retain our growth forecast of negative 9 per cent in fiscal 2020-2021 and 10 per cent in fiscal 2021-2022. While there are now upside risks to growth due to a faster recovery in population mobility and household spending, the pandemic is not fully under control.

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Ransomware halts classes for 115,000 Baltimore pupils

Baltimore County public schools shut after a cyber-attack knocks lessons offline.

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Technew

Baltimore County public schools shut after a cyber-attack knocks lessons offline.

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Government waives penalty for non-compliance with QR code provisions for B2C transactions

The requirement of printing dynamic QR code on B2C invoices is being implemented from December 1. Quick Response code or QR code helps users verify the details in digitally signed e-invoices.

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Edible oil industry demands restoration of the import duty on palm oil by March to prevent slide in mustard prices

Edible oil prices have been rising since May despite the pandemic-led demand destruction due to global factors and shortage of domestic mustard crop. India reduced the import duty on crude palm oil with effect from November 27 following an increase in oil prices by nearly 50% in the past six months.

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Could Cornwall see a Lithium-ion battery revolution?

British Lithium is prospecting in the county to find economically viable seams of the element.

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Zappos ex-boss and Las Vegas entrepreneur Tony Hsieh, 46, dies after house fire

Tony Hsieh led online retailer Zappos, acquired by Amazon, and helped transform central Las Vegas.

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Utah monolith: Has the mysterious metal object disappeared?

Utah officials and images on social media suggest the shiny desert structure has been taken down.

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Technew

British Lithium is prospecting in the county to find economically viable seams of the element.

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Technew

Tony Hsieh led online retailer Zappos, acquired by Amazon, and helped transform central Las Vegas.

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Technew

Utah officials and images on social media suggest the shiny desert structure has been taken down.

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Huawei ban from UK 5G network brought forward

The cut-off date of September for the installation of new equipment is earlier than expected.

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The tech allowing thousands of students to sit exams at home

Machine learning is helping firms across many industries more quickly solve difficult challenges.

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Technew

The cut-off date of September for the installation of new equipment is earlier than expected.

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Technew

Machine learning is helping firms across many industries more quickly solve difficult challenges.

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The government has laid out the plan to kickstart the economy. Now the real work begins

The economy may have bounced back from the first quarter, but GDP is well below last year and there is real worry the recovery could fizzle out.

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Big relief for mid-scale companies, government postpones QR code requirements to March end next year

The government on Sunday said that it is postponing the requirement to generate and then use QR code for all business to customer (B2C) transactions.

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CBIC waives penalty on QR code on e-invoices till March 31, 2021

QR code for B2C transactions is meant to encourage digital payments by the buyers but can potentially be used to check tax leakages as well. It would have an impact on all consumer facing businesses including retail, restaurants, hotels and so on.

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Robot does yard work and security, plus other tech news

Jen Copestake looks at some of the week’s best technology news stories.

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How green and profitable are e-scooters?

Wayne Ting, chief executive of e-scooter firm Lime, says there's room for improvement.

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Technew

Jen Copestake looks at some of the week’s best technology news stories.

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Technew

Wayne Ting, chief executive of e-scooter firm Lime, says there's room for improvement.

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MP: Farmers dump guavas in garbage vehicle as prices crash

The wholesale prices of this vitamin C-rich fruit at Devi Ahilya Bai Holkar Fruit and Vegetable Market in Indore currently ranges between Rs 4 and Rs 10 per kilo, sources in the market said on Sunday.

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CBIC asks for physical verification of biz granted deemed GST registration between August 21-November 16

The Central Board of Indirect Taxes and Customs (CBIC) has also asked taxmen not to grant GST registration on deemed basis in cases where the applicant has not opted for Aadhaar authentication or the authentication has failed.

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US second biggest FDI source for India during Apr-Sep 2020

During April-September 2020, India attracted FDI worth USD 7.12 billion from the US and USD 2 billion from Mauritius, which slipped to fourth position, the DPIIT (Department for Promotion of Industry and Internal Trade) data showed.

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New farm laws will boost nutraceutical sector: Industry executives

India has a mere 2-3% share of the $400 billion global markets compared to China’s 14% because of a lack of standard guidelines and protocols, they said, even as it is endowed with resources such as marigold, turmeric, ginger, chillies and paprika, from which medicines are made.

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Protesting farmers haven't 'properly understood' new farm laws, says NITI Aayog Member

On September 27, President Ram Nath Kovind gave assent to the three farm bills -- The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020; The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020; and the Essential Commodities (Amendment) Bill 2020.

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View: Don’t let bad boy billionaires become bankers

India’s public sector bank culture has long reeked of political and business influence, with huge loans to favoured cronies. The situation in private sector banks is better, but still riddled with misgovernance, as shown by Yes Bank and ICICI Bank.

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From small businesses to farmers, middle India is driving demand

Farmers, benefiting from a bumper crop, are lapping up tractors while demand for personal vehicles, due to a lack of public transport and the need for safer travel options, has boosted sales of cars and motorcycles.

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Top 25,000 GST payers of October yet to file returns in November, tax officers to send reminders

"Tax officers have been directed to follow up personally with these defaulting taxpayers so that their GSTR-3B returns due for the month get filed by November 30, 2020. These top 25,000 taxpayers, who have not yet filed their returns, were identified on the basis of last month's statistics," a source said.

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We must look to leverage FTAs with countries having transparent trading mechanisms: Piyush Goyal

Free trade agreements are good for the nation and India must look to leverage these pacts with countries having transparent trading mechanisms and business systems, Commerce and Industry Minister Piyush Goyal said on Saturday.

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EPFO extends deadline to submit life certificate by pensioners till February 28

"In view of the ongoing COVID-19 pandemic and the vulnerability of elderly population to coronavirus, the Employees' Provident Fund Organisation (EPFO) has extended the time limit up to 28th February 2021 for submission of Life Certificate (Jeevan Pramaan Patra-JPP) in respect of the Pensioners drawing pension under EPS 1995 (Employees' Pension Scheme-1995) and whose Life certificate is due in any month till February 28, 2021," a labour ministry statement said.

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Retail inflation for industrial workers rises to 5.91 pc in October

On one-month percentage change, it increased by (+) 1.19 per cent between September and October, 2020 compared to (+) 0.93 per cent increase between corresponding months of the previous year.

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Q2 GDP shows surprising resilience: Is it good enough to last?

With improvement in manufacturing, due to lifting of lockdown measures GDP contraction has slowed down significantly. Agriculture sector continued to perform well with growth at 3.4 per cent.

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Fourth edition of United Economic Forum World Summit to be held from December 4

Over 6,000 delegates are expected to participate in the event. Various plenary sessions on the topic "entrepreneurship: from idea to growth", "Tamil Nadu- the land of opportunities", "re-imagining the restaurant business for the new normal", "COVID-19 and the travel industry" have been planned.

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India GDP and recession: Less pain ahead, full recovery will take time, say economists

The GDP contracted by 7.5% between July and September, compared to the same quarter a year before. Between April to June Indian economy contracted by 23.9% as against the same period in 2019. While the contraction—7.5%-- was much lower than what many predicted, this has caused fear that the country could slip further into recession.

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Punjab accepts Centre's borrowing option to meet GST shortfall

26 states and 3 Union Territories with Legislative Assembly (i.e. Delhi, Jammu & Kashmir and Puducherry) have decided in favour of borrowing option to meet GST shortfall. However, states like Chattisgarh and Jharkhand are yet to opt for the borrowing plan proposed by the Centre saying the central government should borrow the entire Rs 1.83 lakh crore shortfall.

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View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrative

At a time when the government’s focus has been on providing relief to those who eke out a living, in normal times, in the neighbourhood of the poverty line, and have lost their incomes, thanks to the lockdown, how can net taxes rise? Shouldn’t this item have shrunk, thanks to a big upsurge in subsidies, direct benefit transfers, free food, rural employment schemes?

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Rising FDI indicates investors' preference for India's enabling environment: Piyush Goyal

"Despite COVID, FDI doubles year-on-year upwards arrow. Indicating global investors' preference for India's enabling environment under PM @NarendraModi ji, FDI increased from USD 14.06 billion to USD 28.1 billion in the July-September quarter," Piyush Goyal said in a tweet.

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Govt's ethanol push prompts sugar mills to raise production

"The mills this year have decided to produce certain quantity of ethanol to be sold in the domestic market. It means that there will not be any glut of sugar in the market. There will be limited surplus stock of it this year," Maharashtra Sugar Commissioner Shekhar Gaikwad said.

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View: How India can be a ‘Plus One’ manufacturing destination while reducing dependence on China

While India has managed to capture the services outsourcing wave to become quite the back office of the world, the ability to expand the manufacturing sector – with its trickle-down effect – will be critical to job creation and balanced growth.

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Q2 GDP Data: India is now officially in recession, but it isn't that bad

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Infrastructure projects to turn Leh, Kargil into smart cities

The main emphasis has been on preserving the natural balance of the eco-sensitive areas while developing both Leh and Kargil into modern cities well-equipped to fight disasters and address common municipal problems.

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Foreign direct investment rises 140% in Q2, Mauritius top source

The commerce and industry ministry last month said that India, in April-August 2020, received the highest ever total FDI for the first five months of a financial year stating that these trends are an endorsement of India’s status as a preferred investment destination amongst global investors.

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SC directs govt to implement its decision to forego interest on eight categories of loans

The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption.

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COVID-19: Businesses face cash crunch as the greatest challenge to maintain staff and operations

With businesses already undergoing significant competitive pressure prior to the crisis, government restrictions, health challenges and the economic fall-out brought by COVID-19 further set back many enterprises, the ILO said.

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Your data and how it is used to gain your vote

How much is really known about the data bought by political parties, and how it is used?

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Technew

How much is really known about the data bought by political parties, and how it is used?

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Indian economy is bouncing back; focus on structural reforms need for sustained growth: UBS report

The Indian economy may have lost close to Rs 20trn ($270bn), 10.6% of its GDP between April and Sept 2020 due to mobility restrictions. Even as economic activity appears to be gradually returning to pre-COVID levels but we expect India's real GDP to contract 10.5% in FY21, the report said.

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Loss in foreign exchange on external commercial borrowing can be capitalised: Tax tribunal

The tax department had argued that the forex loss is notional and cannot be capitalised. The tribunal held that such mark to market losses being recognised in books of account under the mandate of accounting standards cannot be regarded as notional in nature, an EY note said.

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View: India’s urbanisation challenges and the way forward

The political economy of development in India has always leaned rural. It was not until 2005 when the JNNURM was launched to reform cities through planned development. JNNURM has now been replaced by AMRUT. Since 2014, there has been a marked shift in policy focus, reflecting a greater acknowledgement of the importance of urban development.

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India's palm oil imports set to jump as tax cut lures refiners

Higher imports by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil prices that hit their highest level in eight years this month, but could weigh on U.S. soyoil futures.

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Utah monolith: Internet sleuths got there, but its origins are still a mystery

The metal monolith sits deep in a desert easy to get lost in, so officials did not reveal its location.

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Technew

The metal monolith sits deep in a desert easy to get lost in, so officials did not reveal its location.

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Why are Scottish ministers selling a superyacht?

The 25m vintage yacht was found in storage at the nationalised Ferguson shipyard.

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Technew

The 25m vintage yacht was found in storage at the nationalised Ferguson shipyard.

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Ahead of GDP Q2 results, here's how the economy might be doing

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Q2 GDP data Live: Is the worst over for the Indian economy?

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Times Water Summit 2020: It’s still not late in saving India from becoming a waterless country if we start acting on it now!

The Times Water Summit 2020, a Times of India initiative under the banner of ‘Make India Water Positive’, is spearheading the need for stronger and unified water infrastructure by bringing key stakeholders of the ecosystem - the people, the policymakers, the corporates, and the agricultural community - all under one roof.

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New rules to limit Google and Facebook's market power

The two tech giants account for around 80% of the £14bn ($18.7bn) spent on online advertising in 2019.

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Technew

The two tech giants account for around 80% of the £14bn ($18.7bn) spent on online advertising in 2019.

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Indian economy probably picked up in September quarter as hopes grow for vaccine: Poll

Economists have marginally raised forecasts this month after a pick-up in consumer demand for autos, non-durables and rail freight during the festival season, as prospects grow for COVID-19 vaccines to be launched early next year.

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How countries are trying to make Google, Facebook pay for news content

Google and Facebook ferry more than 80% of external traffic to various news sites, according to Parse.ly, a web analytics and content optimisation software for online publishers, but most of the income goes to the internet platforms, not to content generators. This means media outlets are not the principal beneficiaries of revenue from news consumption digitally.

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India’s economy seen clawing back after slipping into recession

A slew of indicators from car sales to services sector activity notched higher last month, while alternative data signal robust demand in an economy that’s primarily driven by domestic consumption.

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Buoyed by bulls, Singapore's GIC plans to float a $3 billion India-focused public market fund

Already one of the largest overseas investors in India, GIC has hired Aditya Agarwal to head its new fund as managing director and is looking to a mid-2021 launch. While the final size hasn't been finalised, it's keen to allocate $2-3 billion for the purpose, said the people cited above. Agarwal was principal at public market fund Westbridge Capital.

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The photographers capturing buildings and biscuits in 3D

Photographers are scanning landmarks in stunning 3D detail and putting them on the internet. Why?

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Technew

Photographers are scanning landmarks in stunning 3D detail and putting them on the internet. Why?

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TikTok sale deadline pushed back to December

A new plan for a sell-off of its US assets has been submitted to the US government.

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Technew

A new plan for a sell-off of its US assets has been submitted to the US government.

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Several mid-scale companies reach out to advisors following proposed changes in liquidation process

Many of these companies want to try and revive their company as against letting it go under liquidation, say industry trackers. The IBBI has proposed that companies applying for voluntary liquidation will be able to withdraw from the process at any time.

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