India’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other foreign companies such as OnePlus and Oppo wanting to open their own stores in India, said analysts and sector watchers. The move is aimed at attracting higher foreign investment at a time when global foreign direct investment (FDI) flows …
The government’s decision to relax local sourcing norms for foreign direct investment (FDI) in single brand retail trading would not in anyway upset the equilibrium of the organic retail and would add to our economy, industry experts said on Friday. In a boost for companies like Apple, Finance Minister Nirmala Sitharaman on Friday announced to …
The ongoing US-China trade war represents a seminal moment in trade history with significant promise for a clear realignment of global value chain. In July 2018, US President Donald Trump followed through on his threats, and imposed sweeping tariffs on China for its alleged unfair trade practices. The US imposed higher tariffs on US$250Bn worth …
In a boost for smartphone makers like Apple and horde of Chinese vendors to open exclusive retails stores in the country, the government on Friday announced to relax the mandatory 30 per cent local sourcing norms for FDI in the single-brand retail sector. Tech companies have time and again reiterated that it was difficult for …
Deepfakes, or videos or images that look surprisingly real, have already created ripples in the entertainment industry, but they also pose huge dangers to countries like India with a diverse population as miscreants could easily use these manipulated media to create rift among different communities, warn experts. For the uninitiated, deepfakes are hyper-realistic media created …
Sensing a multi-billion dollar opportunity to improve the cross-border payments system, Facebook is launching its own digital coin called ‘Libra‘ next year which is set to run into rough weather with several governments, including India, not treating cryptocurrencies as legal tender. The move to launch ‘Libra’ comes at a time when Facebook is under intense …
While smart speaker adoption in India is on the rise, some users stop using them just a month after purchase, says a survey by CyberMedia Research (CMR). After a month of getting a smart speaker at home, 40 per cent used it more often, while, almost 38 per cent lost interest and used it less, …
The world truly needs a reliable digital currency and infrastructure that together can deliver on the promise of “the internet of money.” Securing your financial assets on your mobile device should be simple and intuitive. Moving money around globally should be as easy and cost-effective as — and even more safe and secure than — …
Caught in the crossfire of global geopolitics, Huawei on Thursday said things have started looking up for the company with the signing of key 5G deals in the UK and Russia and added that it is “positive” about the future. The world’s second-biggest smartphone seller, which shipped over 205 million units in 2018, also clarified …
Rahul Kumar, a senior software engineer at a Noida-based multinational company, is excited about using a dual screen notebook and plans to buy one when it comes to India. Kumar’s excitement is easy to understand for personal computer (PC) makers who want to make laptops desirable once again. And what better way to achieve that …