Author: News Desk
Japan-based Yamaha Motor Co. to launch a made-in-India e-scooter It will be a joint effort between Yamaha India and Yamaha Japan The e-scooter will be made in India It will use components sourced from local vendors The scooter’s motor and the battery will be in sync with Indian climatic conditions The project will take a minimum of three years Yamaha may enter the Indian EV market with its NEO’S e-scooter range
Social media should be held accountable It is a global concern, Said IT minister Ashwini Vaishnaw. He was responding to Twitter legal suits. Twitter is said to be pursuing judicial review. It is to overturn govt orders seeking content withdrawal. Companies should abide by Indian laws, observed the minister. It is important to hold social media accountable, he said. The process will begin with self-regulation. And, will be followed by industry regulation and govt regulation.
Air New Zealand planning to equip eight Boeing 787 Dreamliner jets with bunk beds and couches by 2024. The airline claims it is the first carrier to put sleep pods on a plane. Ultra long-haul flights are generally deemed to be non-stop journeys of more than 16 hours. In September, Air New Zealand will begin non-stop flights between Auckland and New York, lasting more than 17 hours. They have been announced as part of a wider suite of changes to premium, business and regular economy classes.
India is guiding the world’s fourth industrial revolution, says Modi. He was speaking at Digital India Week 2022 India aims to be a chip maker, he added. Investments are pouring in to increase semiconductor production. Govt is enhancing the skills of about 14 lakh people. This will happen in the next five years. Programmes are being envisioned to support the tech revolution. ‘Digital India Genesis’ is one such initiative. It will support startups in Tier-II and Tier-III cities Rs 750 crore has been put aside for it.
“Startup employee” and “startup founders” now tops in the list of popular keywords on the matrimonial platform, saysUnion Minister of State Rajeev Chandrasekhar. The Union Minister noted that those job positions were the most searched keywords on Shaadi.com, not IAS or IPS. The minister opined that the demand is more for startup employees or startup founders, not Tata’s firm or Birla’s company. But in response to whether the minister was joking or serious, he tweeted, “Just for laughs”.
Businessman Anand Mahindra’s Twitter profile is a quirky yet innovative gold mine that will keep you entertained. Mahindra brings something new every time to his 9.4 million followers. His posts include inspirational quotes and funny videos from WhatsApp. This time, he shared a video of a mobile dining table mounted on a wheel. “I think it’s e-mobility.” E “means eating,” he wrote while posting. Give a look at the video.
A new milestone for Delhi. Delhi to become India’s EV capital. 25,890 EVs sold in the first six months of 2022. Higher rate than previous years. EVs accounted for 9.3% of all vehicle sales till June. 30 Up from 5.6% recorded in the whole of 2021.
The GST collection in June was Rs 1.45 trillion.56 percent to Rs 1.45 trillion.Experts say the GST system is sustainable. It is the Second highest grosser ever. In May 2022- Total e-way bills was 73 million.Economic recovery was reflected in GST.The action against fake billers has been positive. 25,306 crore central GST out of total GST 32,406 crore state GST and 75,887 crore integrated GST 11,018 crore from cess Gross cess collection highest since GST
Indian startups to set a ‘big long trend’: Girish Mathrubootham. Indian startups building global products will be the new trend. Mathrubootham is the CEO and founder of Freshworks. It’s a great time to be an entrepreneur in India, he said. SAAS startups have more than doubled since 2018. An opportunity for SAAS startups to build new products. Startups should focus on hiring the right talents. They should also make the right decisions, he added. Freshworks now has more than 5,000 employees globally.
The world’s 500 richest billionaires lost $1.4 trillion in half-year. The steepest six-month drop for the billionaire class. Elon Musk’s fortune was reduced by almost $62 billion. Jeff Bezos’ wealth cut down by about $63 billion. Zuckerberg’s net worth slashed by more than half. This is due to the raising interest rates to fight inflation. Despite the loss, Musk is the world’s richest person. His net worth is 4208.5 billion .Amazon’s Bezos with a $129.6 bn net worth comes second.