While capping sales of conventional cars, signaling a dramatic shift in policy in one of the world’s fastest growing auto markets, lowering taxes and interest rates for loans on electric vehicles, have been recommended by India’s most influential government think-tank, reports the news agency Reuters. Using tax revenues from the sale of petrol and diesel…
The effect of Brexit is steadily having an impact on the British economy. As per the results of a survey, British shoppers are increasingly looking for bargains to offset rising inflation with employers finding it difficult to recruit migrant workers. These trends are a result of 2016’s Brexit referendum. As per the British Retail Consortium,…
Google Home is fast catching up. As per research firm eMarketer, Amazon’s voice-controlled speakers are dominating the nascent market of voice-controlled speakers. As per the results of its study, Amazon Echo and Echo Dot devices have grabbed 70.6% of the U.S. market in 2017. These speakers feature Amazon’s Alexa, its voice-controlled assistant which allows consumers…
As it redirects its attention to battery-powered vehicles and emerges from the 2015 diesel emissions scandal the Volkswagen car brand said it is confident it will “leapfrog” the competition and become a leader in electric cars by 2025. It would target 1m electric car sales by 2025, said the VW brand, by far the biggest company in…
A very recent and wide-ranging study in Britain has revealed how the technology is helping smokers to give up harmful tobacco even as the United States cracks down on rules governing e-cigarettes. In the United States, the sales of e-cigarettes, cigars as well as pipe and hookah tobacco will now also be governed by the…
The move is aimed at reducing the churn of customers. In a strategic development aimed at boosting consumer loyalty and its broadband business, Comcast Corp has launched a new cloud-based service that its users to monitor and control their Wi-Fi usage. Called XFi, the service is a boon to parent since it allows them to…
As you might expect, prompted by the success in the U.S. elections, the same players tried the same tactics in France. Computer security researchers have come to the conclusion that far-right activists from the United States, armed with automated bots, along with WikiLeaks, have helped amplify the leak of hacked emails belonging to the French…
Noting a key milestone for a country seeking a place in the global aviation market, the first large Chinese-made passenger jet has taken off on its maiden flight. At the Pudong international airport in the commercial hub Shanghai as a crowd of thousands cheered, the C919 single-aisle jet, which can hold up to 168 passengers,…
High-profile physicist Stephen Hawking has warned that humans need to colonize another planet within 100 years or face the threat of extinction. A press release from earlier this week said that the professor will “present his predictions that the human race only has 100 years before we need to colonize another planet” in a new…
This is a significant achievement for China since it wants to put to use Syngenta’s top tier Chemicals and patent-protected seeds to improve its agricultural output. In a significant development, ChemChina has managed to win enough support from Syngenta’s shareholders to approve its $43 billion takeover bid. With this strategic move, China has secured a…
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