Author: News Desk
India is keen to curb imports of electric fans and smart meters from ChinaThe Commerce and Industry Ministry would soon issue quality control orders (QCOs) to check theseThe government says the move will benefit our own industry and consumersIn 2020, India enforced strict quality control measures to tackle toy imports, especially from ChinaSince then, toy imports from China have reduced by 80 per cent to $59 millionIn FY22, India’s import of ceiling fans rose to $6.22 million The import from China was estimated at $5.99 millionOf the $3.1 million imports of smart meters, about $1.32 million came from China
The month of November turned profitable for carmakersDespatches for top 10 carmakers rose 31.7 percent year-on-yearMaruti, Hyundai registered double -digit growthThe despatches of Tata Motors jumped 55 per cent 46,425 unitsAvailability of semiconductors pushed the growthIndia is the world’s fourth-largest passenger vehicle marketIt expects to end the year with 3.8 million units
You may now board planes using Face ID thanks to Digiyatra, which has replaced the need for paper boarding passes. Digi Yatra is a biometrics-based identification system for aviators. Information about passengers is automatically processed using facial recognition technology. The Digi Yatra service was introduced by the Ministry of Civil Aviation in its initial phase at the airports in Delhi, Bengaluru, and Varanasi. Therefore, ID cards and boarding passes are no longer required for travellers flying. Domestic travellers can now use this service. Can be used at checkpoints like security checkpoints, aeroplane boarding, and entry points. By employing PNR to…
Tesla delivered its first heavy-duty semi truck to PepsiCo. PepsiCo ordered 100 trucks in 2017. Musk has not revealed the price and capacity of its all-electric truck. The battery-powered truck would reduce highway emissions. Musk said it would outperform diesel models. Tesla started developing this idea five years ago. Musk said Semi will be used to ship parts to Tesla’s plant in California. Tesla might produce 100 semis this year. It aims to produce 50,000 trucks in 2024. However, industry experts are still skeptical about the truck’s capacity.
Sundar Pichai, the CEO of Google and Alphabet, said that India is a part of him and that he carries it with him wherever he goes as he accepted the prestigious Padma Bhushan award from the Indian envoy to the US. Pichai, an Indian-American, received the Padma Bhushan in the trade and industry category for 2022. Pichai, who was born in Madurai, was one of the 17 recipients earlier this year. In San Francisco, he was presented with the third-highest civilian honour given by India, in the presence of his immediate family. I am extremely appreciative of the Indian government…
The Kerala Startup Mission’s Climathon stands out for showcasing commercially viable, avant-garde concepts and approaches to promote environmental preservation. The winners of the climathon were ‘Treetag’, a flexible web-based platform that uses technology to manage forestry initiatives, ‘ZEWA Ecosystems’, which developed a technology for treating organic waste and converting it into animal feed and ‘Vatsaa Energy’, which developed an Integrated solar roof made of Bamboo to stop roof leaks and lower heat. In collaboration with EY Global Delivery Services, Kerala Startup Mission organised the two-day event. A prize of Rs 30 lakh was awarded to 11 Startups. The Climathon was…
The deep-tech and AI-based content intelligence platform Instoried has announced the release of Instoried ART, an AI-based tool for creating images. The most recent technology is used by Instoried to create AI graphics from text instructions. With the help of Instoried ART, content producers, marketers, and advertising experts will be able to design personalised, one-of-a-kind images for their website landing pages, social media posts, and ad copy. This generation of visuals from text or keywords is referred to as generative AI. The Instoried ART tool, according to the company, will enable creators to work from a real literary brief rather…
In the third quarter of this year, India has emerged as the world’s number one smartphone market, beating North America and China. Highly affordable local brands, local manufacturing and festive demand contributed to this surge. Global brands Apple and Samsung had takers but Indian brands such as Noise and FireBoltt were at the forefront in terms of sale volume. The demand for global products became less due to premium pricing. In the July-September quarter, India’s share in the smartwatch market was 30 per cent. North America showed 25 per cent and China 16 per cent. Covid restrictions and economic crisis…
Ride-hailing app Uber has introduced a new set of tech-driven safety measures to ensure hassle-free rides to riders. The features include audible rear seat belt reminders, proactive trip anomaly detection, and customer SOS integration with local authorities. From now on, Uber will send riders and drivers an audio rear seat belt reminder every time a ride starts. Another feature ‘RideCheck’ will look for trip anomalies and provide required help. For instance, RideCheck will detect if a trip deviates unexpectedly from the given route or when a trip abruptly ends. Uber has also strengthened customer support. Now, users can connect with…
These days, globally, people are concerned about inflation. Across industries, companies, including multi-national firms, are firing employees to maintain their market position. Interestingly, Silicon Valley companies are at the forefront of mass layoffs. Amazon is about to lay off 10,000 employees. For Meta, the number is 11,000. Twitter has laid off 3,700 staff. Snap, the parent company of Snapchat, is reportedly planning to remove 20 per cent of its staff. According to Bloomberg, Intel would lay off 20 per cent of employees. Byju’s, Unacademy, and Udaan are also cutting employee numbers. It is estimated that, in America, 12,000 people have lost their jobs. What…