While the initial release proved popular in terms of downloads, Patanjali’s first foray into technology was quickly criticised online by experts as a 'joke' and 'security disaster'.
The shift in policy next door is expected to cause a glut in global supplies and thus a fall in prices. With India's high capital cost and corporate taxes, locally made supplies can't compete.
Private consumption accounts for more than half of India’s GDP but was dampened by demonetisation and the introduction of a chaotic tax structure last year.
HSBC and Nomura analysts say the rate hike bolsters the RBI’s credentials on the inflation-fighting front, which will have a rub-off effect on the rupee.
RBI’s move comes as central banks in emerging markets step up action to counter capital outflows and weaker currencies that threaten to drive up inflation.
At the behest of the govt, Honeywell is developing software that will decipher accents and automatically transcribe what’s said for air traffic controllers.
According to a Goldman Sachs analysis of the inflation facet that most threatens each Asian economy, exchange-rate depreciation has an outsize impact on India's.
For a government that was supposed to be business-friendly, the Modi administration has shown little or no understanding of what businesses actually want, as proved by the conditions set for AI sale.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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