Tuesday, June 26, 2018

Quick notes: EV jobs, Tech curbs..

  • Germany fears massive job loss due to electric cars: The EV powertrain utilizes only about one-sixth of the components of an ICE powertrain. Battery production will require only a fifth of the workforce, when compared with an engine plant


  • Curbing tech exports to China: Trump plans to curb technology exports to Beijing while also  barring Chinese firms from investing in U.S. technology. “Made in China 2025” is Beijing’s industrial plan to dominate high-tech industries including robotics, aerospace and computer chips.


  • Wooden cycle: Coimbatore-based PK Murugesan has crafted a bicycle using Boiling Water Proof engineering plywood .



  • Benami properties: Income-tax dept attaches over 1,500 unaccounted properties worth Rs 43 billion across the country. The benami legislation was reworked and made more stringent by the current govt from November 2016.


  • Corporate loan defaults: First steel, now power sector - Indian banks stare at $38 billion hair-cut.


  • IndLangs: “Startup's Skype classes aimed at bringing Indian languages to the fore”.


  • Champion of flesh trade: American evangelicals back brothel owner.


  • Outcastes: Italy’s interior minister evokes a dark past by vowing to expel Roma people 


  • Twitter effect:


No comments: