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< Back A 34-year low Yen strengthening India’s imports from Japan 30 Jul 2024 When the Bank of Japan increased its interest rate from negative to 0-0.1% in April 2024, the Yen depreciated to a 34-year low, thus making imports cheaper for India. ! Widget Didn’t Load Check your internet and refresh this page. If that doesn’t work, contact us. Previous Next

< Back BSE indices rejig from June 23 28 May 2025 Tata Trent will replace Nestle, while Bharat Electronics Limited will replace IndusInd Bank. BSE indices, including BSE 100, BSE Bankex, Sensex 50, and Sensex Next 50, are undergoing a major rejig effective June 23rd. The underperformers will be shifted to other indices. Similar changes will be effected in BSE 100, where Dixon Technologies (India), Indus Towers, and Coforge will replace Bharat Forge, Siemens, and Dabur India. In the Sensex 50, InterGlobe Aviation and Shirram Finance will replace Britannia Industries and Hero MotorCorp. Tata Trent will replace Nestle India, which has shown no growth in the past year. Nestle India is also undergoing a management change, with Manish Tiwary replacing Suresh Narayan as Managing Director effective August 1st. Sales grew at 7% annually in the past five years. The stock indices conduct periodic balancing as per the criteria set by the Asia Index, a BSE subsidiary. Market performance, liquidity, trading volume, sector representation, market capitalisation, financial strength, and growth prospects impact this shuffle. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back PARAM Rudra supercomputers, High Performance Computing launched across India 27 Sept 2024 Prime Minister Narendra Modi launched the supercomputers in Delhi, Kolkata, and Pune on Thursday via video call. Three supercomputers developed in India for ₹130 crore have been deployed in Delhi, Kolkata, and Pune to facilitate breakthrough research in various scientific fields. They were created under the National Supercomputing Mission (NSM). The Inter-University Accelerator Centre in Delhi will use the supercomputer to further research in material science and atomic physics. The Giant Metre Radio Telescope (GMRT) in Pune will use the newly installed supercomputer to explore astronomical phenomena, like Fast Radio Bursts. The S.N. Bose Centre in Kolkata will boost research in earth sciences, physics, and cosmology. These machines will significantly push AI and machine learning in India. The Prime Minister also revealed a High-Performance Computing (HPC) system, called ‘Arka’ and ‘Arunika’, dedicated to climate and weather research. Developed with an investment of ₹850 crore, the HPC is located at the National Centre for Medium Range Weather Forecast, Noida, and the Indian Institute of Tropical Meteorology, Pune. Previous Next

< Back Amazon speeds up Q-commerce service Tez launch 25 Nov 2024 It plans to launch it by late December 2024 or early 2025. Amazon is expediting its entry into the Indian quick commerce sector, worth almost $6 billion. Its fast delivery service called Tez, expected to be launched in the first quarter of 2025, is now slated to launch in the next two months. Amazon Tez will prioritise groceries and daily essentials. The company is focusing on establishing dark stores, finalising stock-keeping units (SKUs) and creating logistics infrastructure for superfast deliveries. It may finalise the launch date during its review meeting ahead of the annual Smbhav event planned on December 9th and 10th. This launch will mark Amazon’s global debut in this segment, making it the only e-commerce giant to venture into quick commerce. Amazon has started fresh hiring for Tez. Flipkart launched Minutes before Diwali, and Tata’s BigBasket transitioned to a q-commerce model and recorded ₹900 crore in gross sales in October. Tata Digital also introduced Neu Flash. Previous Next

< Back Northeast bound Alliance Air costing ₹6 lakhs per passenger to govt 4 Dec 2023 State-run airline connects India’s smaller towns with Northeastern cities. In April 2022, it carried just three passengers but charged the exchequer a lofty ₹6 crore. Alliance Air deploys Hindustan Aeronautics Limited's (HAL) 15-seater Dornier aircraft. The central government funds flights from smaller towns to northeast cities under the northeastern connectivity scheme. It connects Dibrugarh (Assam) to Ziro, Tezpur, and Itanagar (Arunachal Pradesh). Between April 2022 and June 2023, it carried 1500 passengers, costing around ₹100 crore, or ₹6 lakh per passenger to the government. While a burden, the government cannot scrap it as Alliance Air connects crucial northeastern airports near the Chinese border. Moreover, the Dornier aircraft is the first Made in India civilian fleet enjoying the government’s push. Government put up Alliance Air for sale after its parent Air India’s takeover by Tata last year. There were no takers, as investors expected the government to clean up Alliance Air’s ₹4,326 crore debt, as it had done for Air India. The government recently gave ₹600 crore to clear its old debt carried forward from Air India. Previous Next

< Back Union Cabinet unanimously approves One Nation, One Election report 19 Sept 2024 The panel led by former Indian president Ram Nath Kovind had presented the report in March ahead of the Lok Sabha election announcement. The ‘One Nation, One Election’ report was part of the Law Ministry’s 100-day agenda for the new government. The bill could be introduced during Parliament’s winter session. It suggests several changes in the election format, including simultaneous elections for the Lok Sabha and State Assemblies, thus reducing the election frequency to save resources and boost social cohesion. The polls of local bodies like Municipalities and Panchayats are proposed to be held within 100 days of the Lok Sabha and Assembly elections. It also recommended introducing common voter ID and electoral roll cards by the Election Commission of India (ECI) and establishing a specialised Implementation Group to ensure proper execution of this panel’s recommendations. Its complete implementation requires amendments to the Constitution and the Representation of the People Act. A PTI report states that the Law Commission may recommend simultaneous elections at the central, state, and local levels starting in 2029. Previous Next

Elle collabore avec les services publics américains afin de trouver des solutions alternatives pour répondre à la forte demande d’électricité induite par l’IA. < Back Google cherche à utiliser l’énergie nucléaire pour alimenter ses centres de données Elle collabore avec les services publics américains afin de trouver des solutions alternatives pour répondre à la forte demande d’électricité induite par l’IA. De nombreuses entreprises telles qu'Amazon et Microsoft ont opté pour l'énergie nucléaire afin de répondre à la demande croissante d'électricité dans leurs centres de données. Microsoft est prêt à acheter de l’électricité provenant de la centrale nucléaire déclassée de Three Mile Island en Pennsylvanie. Amazon a acheté un centre de données alimente par l’énergie nucléaire dans le même état. Google est à la recherche d’alternatives, e particulier sur les marchés ou les réglementations en matière d’achat d’électricité sont plus strictes. Il envisage de passer à l’énergie nucléaire au Japon. Entretemps, BitEnergy AI a développé une nouvelle technique appelle Linear-Complexity Multiplication (L-Mul) qui permet de réduire de 95 % la consommation d’énergie des modèles d’IA sans affecter la qualité. Cette technologie est utile pour les modèles bases sur des transformateurs utilisés dans le traitement du langage naturel et les tâches visuelles. Google prévoit d’augmenter ses investissements dans l’énergie thermique et solaire. Previous Next

< Back Indian realtors tie up with global hotel brands to build serviced residences 4 Sept 2025 The demand for serviced residences is burgeoning as people look for second or holiday homes. Tata Housing, Elan Limited, Leela Residences, Godrej Properties, the Prestige Group, Sobha Limited, and the House of Abhinandan Lodha are investing heavily in serviced residences projects. These Indian developers are partnering with international hotel brands, including Leela Palaces Hotels and Resorts, Hyatt, Four Seasons, JW Marriott, Hilton, Novotel, and The Ascott Limited, to cater to this market. The serviced apartments segment has been expanding at 12.7% globally, and at a similar rate in India, ET reported. Serviced apartments offer attractive rental yields, long-term ROI and capital appreciation. In Goa, serviced apartments offer a rental yield of 8-15%. This city has 35% of India’s second-home buyers. Serviced residences' prices have escalated by 2.6 times, from ₹4,000 per sqft in 2019 to ₹10,300 per sqft in 2025. Infrastructure upgrades, such as new airports and improved highways, coupled with the work-from-anywhere revolution, are supporting the demand for this segment. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. Previous Next

S’abattant sur les côtes au début du festival de la mi-automne, Bebinca est la deuxième tempête à perturber la chine en plusieurs semaines. < Back Le typhon le plus forte depuis sept décennies s’abat sur Shanghai S’abattant sur les côtes au début du festival de la mi-automne, Bebinca est la deuxième tempête à perturber la chine en plusieurs semaines. Quelques semaines après le passage du super typhon Yagi sur l’ile de Hainan, un autre orage s’est attaque la capitale financière du chine, Shanghai. Plus tard, la tempête a procédé vers le nord du Viêt Nam et la Thaïlande. De violents coups de vent d’une vitesse de 120 kilomètres par heure se sont abattus sur Shanghai lundi matin. C’était un ouragan de catégorie 1 sur l’échelle de Saffir Simpson a cinq niveaux, la plus forte tempête depuis 1949, selon le Centre conjoint d’alerte aux typhons. Shanghai compte 25 millions d’habitants. Il a déclenché dimanche une intervention d’urgence hautement prioritaire et a entrainé l’arrêt des ports, des trains, de 1400 vols, et des routes, ce qui a eu un impact sur la logistique mondiale et l’a retardée. La production et le transport de marchandises ont été affectés, ce qui a eu un impact sur les prix mondiaux des produits de base. Previous Next

< Back Delhi skies may witness air taxis by 2026 20 Apr 2024 Archer Aviation plans to launch air taxis to cover the distance between Connaught Place, Delhi, and Gurugram in seven minutes for ₹3,000. Besides the US and UAE, Archer Aviation plans to launch air taxis in India by 2026. It partnered with InterGlobe Enterprises, the owner of IndiGo Airlines, and intends to replicate its model of achieving economies of scale with higher trip volumes and lower costs. Its air taxis, or electric Vertical Take-off and Landing (eVTOL) can take off and land vertically unlike helicopters. Moreover, being electric, it produces lesser emissions and noise. A way-way trip between Connaught Place and Gurugram will take seven minutes and is expected to cost ₹3,000, that is five times a cab ride. It will launch the service in Mumbai and Bengaluru after Delhi-Gurugram. Archer Aviation is in discussions with Directorate General of Civil Aviation (DGCA) to secure permissions. DGCA is formulating a policy specifically for urban air mobility, which differs from drone transport. Archer Aviation tied up with Honeywell, Safran, and Garmin for component supply. Previous Next

< Back Road Ministry planning centralised hubs for all transportation modes 21 Aug 2024 The ministry aims to develop integrated public transport and terminals across India, combining road, rail, air, water, helipads, and ropeway modes of transport. The Ministry of Road Transport and Highways is actively working on its One Nation, One Location initiative to integrate all modes of transport for speedier freight and passenger movement. National Highways Logistics Management, National Highways Authority of India’s fully owned subsidiary, will develop two pilot hubs in Tirupati and Katra within two years, followed by Nagpur and Varanasi. It will reduce passengers' navigation challenges due to a fragmented transportation system, including local public transport. An integrated system will minimise transit time, facilitate smooth transfers between different transport modes, and offer amenities like parking spots, hotels, and retail outlets. Integration will happen using Geographic Information Systems (GIS) and data analytics. The government is encouraging Public-Private Partnerships for this project. The hubs will be a one-stop solution for 87% of the passenger traffic using road transport in India. The development of city centres will further reduce city congestion and boost economic activity. Previous Next

< Back Bom Hang: The trauma of Vietnamese drivers for cash on delivery orders 15 Jan 2024 Drivers have to pay upfront to collect the COD orders. The driver loses money if the customer's address doesn’t exist or the order is cancelled. Bom hang , or fraud orders for the most popular COD mode of online payment is the biggest nightmare for drivers in Vietnam. This market faces up to 15% of failed deliveries. Bogus addresses, last-minute cancellations, or unreachable customers cause drivers to lose money on delivery fees, money they pay to restaurants for food pickup, and transportation charges incurred for the delivery. Companies like Shopee, Be, and Grab have reimbursement policies, but drivers find them cumbersome and time-consuming. Most ask drivers to bring the undelivered food to their office, which costs them extra. These platforms allow drivers to mention the maximum amount they can risk on a COD order. A horde of scammers has emerged that use fake numbers and addresses to trick drivers into paying for bogus orders. Drivers warn each other through Facebook groups by blacklisting addresses and numbers, but it is not always effective. Previous Next