China's "smartphone maker Xiaomi Corp on Sunday said it was 'disappointed' with an Indian order that froze $682 million(5551 cr rs) of its assets...a probe found Xiaomi had made illegal remittances to foreign entities by passing them off as royalty payments."
https://t.co/SKSYvGGNMy
https://t.co/SKSYvGGNMy
U.S.
China's Xiaomi says will protect business interests after assets frozen in India
Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests.
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Indian Development News 🇮🇳
https://youtu.be/M9bhCVqGaOI #MustWatch #India #NLP #Reforms #Infra
New National Logistics Policy leverages tech/data to enable ₹16 lac+ crores/yr (5% of GDP) cost saving by 2030.
"As many as 30 different systems of seven key departments are being integrated under the Unified Logistics Interfere Platform (ULIP) through more than 100 application programming interfaces (APIs) covering 1,600 data fields".
#DigitalIndia #NLP #Reforms #Infra
https://t.co/m9Rx1DFSgE
"As many as 30 different systems of seven key departments are being integrated under the Unified Logistics Interfere Platform (ULIP) through more than 100 application programming interfaces (APIs) covering 1,600 data fields".
#DigitalIndia #NLP #Reforms #Infra
https://t.co/m9Rx1DFSgE
Financial Express
Data is the new oil to put infra projects on the fast track
The new logistics policy architecture is backed by a mechanism to monitor the implementation of the ideas and to address issues flagged by stakeholders.
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Bangladesh's posh parts and economic hubs to face load shedding because they're unable to cope up with increased #energy prices.
#IndianSubcontinent
https://t.co/nHRo0EGwec
#IndianSubcontinent
https://t.co/nHRo0EGwec
Dhakatribune
When will loadshedding occur in DPDC areas on Friday?
Areas include Azimpur, Dhanmondi, Motijheel and Narayanganj
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Karnataka Transport Department has issued notices to cab aggregators like Ola, Uber, and Rapido, ordering them to discontinue their auto services in Bengaluru, calling it illegal. The development comes after complaints of aggregators charging ₹100 for a 2 km auto ride.
Read More
Read More
Moneycontrol
Karnataka slaps cab aggregators with notice on surge in auto ride charges
The department has called the auto services run by the cab aggregators ‘illegal’ under On-Demand Transportation Technology Act 2016.
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While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank.
The department has been developing and using linear and a few machine-learnt models for supervisory examinations.
#DigitalIndia
Read more
The department has been developing and using linear and a few machine-learnt models for supervisory examinations.
#DigitalIndia
Read more
The Economic Times
RBI plans to extensively use artificial intelligence, machine learning to improve regulatory supervision
While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank. The department has been developing and using…
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India’s merchandise #exports in April-September 2022-23 was USD 229.05 billion with an increase of 15.54% over USD 198.25 billion in April -September 2021-22. #MakeInIndia
🔖https://t.co/tVLvBxOKNf
🔖https://t.co/tVLvBxOKNf
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Reserve Bank of India will soon commence the pilot launch of e-rupee for specific use cases as it tests digital currency in India.
#India
#RBI #Erupee #DigitalCurrency
https://mybs.in/2b1L1Id
#India
#RBI #Erupee #DigitalCurrency
https://mybs.in/2b1L1Id
Business-Standard
RBI to launch e-rupee on pilot basis for limited use; issues concept paper
The concept note presents the background, motivation, choices of design features and other policy frameworks for e-rupee system for the country
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Adani Group will invest ₹65,000 crore in Rajasthan over the next five to seven years and create more than 40,000 direct and indirect jobs. Adani group has already invested over ₹35,000 crore across multiple sectors in Rajasthan.
Read More
Read More
Hindustan Times
Gehlot on stage, Gautam Adani vows ₹65,000 cr investments, 40k jobs in Rajasthan
At Invest Rajasthan Summit, chief minister Ashok Gehlot said one should appreciate the courage of Rajasthanis as the state has faced drought and famine for centuries.
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72 items of total of 214 items mentioned in 1st & 2nd Positive Indigenisation List indigenised by Defence Public Sector Undertakings well before their original timelines of Dec 2023, Dec 2024 & Dec 2025. Remaining 142 items being indigenised within the timeline of this year-end: MoD
#Defence #AatmaNirbharBharat
#Defence #AatmaNirbharBharat
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American company Swiftships supplying 20 gunboats to Pakistan Navy.
#IndianSubcontinent
#IndianSubcontinent
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Old article but a #MustRead
Two Gujarati communities—the Palanpuri Jains and the Kathiawadi Patels—have come to dominate the global diamond industry, replacing the Jews who dominated the industry for centuries.
Antwerp’s diamond business had long been controlled by its orthodox, largely Hasidic Jewish community. But today it is the Mehtas and the Shahs rather than the Epsteins and Finkelszteins, who control almost three-quarters of Antwerp’s diamond industry.
https://t.co/qebeKym3SV
Two Gujarati communities—the Palanpuri Jains and the Kathiawadi Patels—have come to dominate the global diamond industry, replacing the Jews who dominated the industry for centuries.
Antwerp’s diamond business had long been controlled by its orthodox, largely Hasidic Jewish community. But today it is the Mehtas and the Shahs rather than the Epsteins and Finkelszteins, who control almost three-quarters of Antwerp’s diamond industry.
https://t.co/qebeKym3SV
Quartz
How the Gujaratis took over Belgium’s diamond trade
From the outside, Number 2 Hoveniersstraat Street in Antwerp is a nondescript office block. Only the clusters of businessmen speaking in Gujarati on their mobile phones or with each other, give any indication of the hive of activity inside. In the lobby,…
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Mercedes-Benz launches first ‘Made in India’ EQS 580 luxury electric car
According to the company, the EQS 580 is the 14th Made in India Mercedes-Benz model and the first-ever locally produced (assembled) EV in India. The EQS is also India`s longest-range EV, with a range of up to 677 km
#MakeInIndia
Read More
According to the company, the EQS 580 is the 14th Made in India Mercedes-Benz model and the first-ever locally produced (assembled) EV in India. The EQS is also India`s longest-range EV, with a range of up to 677 km
#MakeInIndia
Read More
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Indian Development News 🇮🇳
https://youtu.be/OqKu8Lxnzro Remember, UK is the country least dependent on Russian #energy. #InternationalNews #NWO #WinterIsComing
YouTube
Why is Europe facing a BANKING CRISIS like 2008? : Credit Suisse Crisis Business case study
Smallcase➡️All weather investing: https://link.smallcase.com/5KpDHluaSqb
➡️Dividend Aristocrats: https://link.smallcase.com/5uCI5TxaSqb
Communication Masterclass: Join our communication masterclass to master the art of storytelling
https://www.thethinks…
➡️Dividend Aristocrats: https://link.smallcase.com/5uCI5TxaSqb
Communication Masterclass: Join our communication masterclass to master the art of storytelling
https://www.thethinks…
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Old news we missed.
In an effort to boost India’s energy security state-owned Indian Oil Corp earlier this week inked long-term oil supply contracts Colombia’s state-run Ecopetrol SA. in Singapore. 🇮🇳🤝🇨🇴
To diversify our #Oil and #Energy needs away from Russia and Gulf, we are signing deals and making investments with Latin America #ForeignAffairs
https://www.financialexpress.com/defence/ioc-inks-pact-with-colombias-ecopetrol-to-boost-energy-security/2697084/
In an effort to boost India’s energy security state-owned Indian Oil Corp earlier this week inked long-term oil supply contracts Colombia’s state-run Ecopetrol SA. in Singapore. 🇮🇳🤝🇨🇴
To diversify our #Oil and #Energy needs away from Russia and Gulf, we are signing deals and making investments with Latin America #ForeignAffairs
https://www.financialexpress.com/defence/ioc-inks-pact-with-colombias-ecopetrol-to-boost-energy-security/2697084/
Financial Express
IOC inks pact with Colombia’s Ecopetrol to boost energy security
The South American nation is already playing a significant role in the energy security of India and has been supplying coal and crude.
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🇮🇳🇬🇧 #FTA will not be signed by this Diwali or October end
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