With Major Defence Partner status, India will be offered simplified licensing requirements With U.S. designating India as a Major Defence Partner (MDP), licensing regulations to acquire sensitive military technologies, such as those that go into the F-16 and F-18 fighter jets, will be simplified. An official said on Friday that ... Read More »
The Peter Thiel-organized meeting is sure to be tense. Recode’s Kara Swisher has assembled a thorough list of who was invited, and who will or won’t attend, President-elect Donald Trump’s planned “technology roundtable” this coming Wednesday, December 14th. The meeting, organized in part by Paypal co-founder and Trump backer Peter ... Read More »
Some of Silicon Valley tech giants have been invited for a summit on Wednesday held by US-President-elect Donald Trump, as reported by Recode. Top executives — Larry Page (Alphabet CEO), Tim Cook (Apple CEO), Sheryl San (Facebook COO) are some of the names that are present in the list. The ... Read More »
As marijuana legalization spreads across the country, the financial impact has extended throughout some areas of the economy. One sector seeing a big benefit is industrial warehouses. Because large facilities are needed to grow and store marijuana — and because local laws often limit where such businesses can be located — industrial ... Read More »
On Tech Tent this week we ask whether the tech industry is out of touch with the real world. In the rush to disrupt every industry and to reinvent the way we live, do the tech utopians forget the negative impact some of their miraculous products can have on the ... Read More »
Fossil Group is on a quest to build closer relationships with its customers and is leveraging technology to get there. “Our target audience is millennials and they demand products that are as unique as they are,” said Ed Robben, SVP and CIO, Fossil Group during an interview at the 2016 ... Read More »
Cuban Vice President Ricardo Cabrisas and Russian deputy PM Dmitry Rogozin have signed a new defense cooperation program which will last until 2020, along with six other treaties covering technology, aviation, medicine and railroad transport. The defense agreement would largely be of a technical and advisory nature, rather than one ... Read More »
MUMBAI: The Maharashtra government has notified draft rules for the regulator to be set up under the Real Estate Regulatory Act (RERA). Among the key proposals aimed at helping homebuyers, there’s much-needed clarity on transfer of project’s land in favour of association entity of homebuyers. Introduction of dividable and non-dividable ... Read More »
MUMBAI: Draft rules of the new Real Estate (Regulation & Development) Act, 2016, (RERA), notified by the Maharashtra government on Thursday have been diluted to favour errant builders, property experts and housing activists said. They claimed that they lacked transparency and flat buyers will continue to remain in the dark ... Read More »
The six-member monetary policy committee (MPC), headed by the Reserve Bank of India (RBI) governor Urjit Patel, on Wednesday unanimously decided to keep the policy rate unchanged at 6.25 per cent, considering the “heightened uncertainty” of volatility related to US rate hike and the local demonetization drive. RBI also withdrew ... Read More »
The choice of words of Manmohan Singh, former prime minister and an economist, for his column in The Hindu on demonetisation impact on India’s economy, beginning with the title, Making of a mammoth tragedy, should worry the average Indian. Even if one tends to discount the politics of Singh’s article, the former ... Read More »
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India’s financial circles, to spearhead a radical move to abolish 86 percent of the country’s cash overnight and take aim at the huge shadow economy. Hasmukh Adhia, the bureaucrat, and five others privy to the plan were sworn to ... Read More »
