Some regulators are already unleashing their own algorithms to track and understand pricing software of e-commerce companies. While companies collude on pricing, governments are collaborating on curbing online malpractices. The legal liability of an algorithmic decision will be interpreted as legal liability of an entity of an individual. Anti-trust activities of algorithms will not go unchallenged in any economy.
Ambassador Asoke Kumar Mukerji has taken charge as India's new Permanent Representative to the United Nations and presented his credentials to Secretary-General Ban Ki-moon who lauded India's role as a "long trusted partner" of the multilateral system.
'The Indian side has realised that not talking to Pakistan has not served any useful purpose.'
'They are worried that the BJP government is trying to reduce Kashmiris as a minority.'
'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'
Presiding over the third Atal Bihari Vajpayee memorial lecture that was delivered by former Singaporean diplomat Bilahari Kausikan in New Delhi, Jaishankar also hailed Vajpayee's stint as an external affairs minister, and his role in strengthening India's ties with the United States and Russia.
'United Health Interface is in line with UPI. UPI is a language of money transfer, similarly, UHI is a set of protocols, which is going to create a language of health service delivery'
At an event at Chhatrapati Shivaji Maharaj Terminus in south Mumbai, Modi first flagged off the the CSMT-Solapur Vande Bharat Express and later another semi high-speed train linking the financial capital to Sainagar Shirdi temple town in Ahmednagar district.
'The only thing that makes Nitish Kumar acceptable to Biharis, to the Mahagatbandhan allies, is the BJP.'
Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
'Being alert is the most important weapon in one's armoury when one is on her own or is venturing out in unknown territory.'
'Had it not been for the complicity of the state and Biren Singh's leadership, these riots would not have spread this far and for so long.'
King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
In the light of the efforts being made to forge electoral unity between scheduled castes and Muslims, Mohammad Sajjad examines what the architect of our Constitution, B R Ambedkar, had to say about the Muslim community.
'They have helped stabilise our market by acting as a counterbalance to foreign funds.'
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
The government is open to 'some tinkering' in the varied rates and holding period for computation of capital gains tax on shares, debt and immovable property, in a bid to make it simple, revenue secretary Tarun Bajaj said on Wednesday. Under the Income Tax Act, gains from sale of capital assets, both movable and immovable, are subject to 'capital gains tax'. The Act, however, excludes movable personal assets such as cars, apparels, furniture from this tax.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
New Zealand pace spearhead Trent Boult has recovered from a broken hand to be included in the 13-player squad to face India in the two-Test series, as selectors swung the axe following the dismal tour of Australia. Left-armer Boult broke his right hand in the Boxing Day Test against Australia in December but is fit for the first Test against India starting at the Basin Reserve in Wellington on Friday.
External Affairs Minister S M Krishna would be making an opening statement. Next, Secretary of State Hillary Clinton will be addressing the media.
China plans to divert about 200 billion cubic metres of water annually from the Brahmaputra at its highest point, namely the Great Bend, where it turns into India. China's Brahmaputra dam will severely impact India, warns former senior RA&W officer and China expert Jayadeva Ranade.
Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS, United Forum of Bank Unions alleged on Monday. In a press release, UFBU's convener B Rambabu said the organisation calls for a two-day all India bank strike on December 16 and 17 protesting against Banking Laws (Amendment) Bill 2021 and opposing the Centre's alleged move to privatise PSBs. According to the statistics given by the UFBU, the 13 corporates' outstanding dues were at Rs 486,800 crore and it was resolved at Rs 161,820 crore resulting in a loss of Rs 284,980 crore.
Reacting sharply to Pakistan's critical remarks over India's endorsement by the United States for United Nations Security Council, India has expressed its 'disappointment' and said they reflected the 'trust deficit' between the two countries.
Gokhale's visit for bilateral consultations is taking place amid renewed optimism that the vexed issue of listing of Pakistan-based Jaish-e-Muhammed chief Masood Azhar as a global terrorist by the United Nations, which has been stalled by China, is headed for a resolution in the coming weeks
Reacting sharply to Pakistan's critical remarks over India's endorsement by the United States for United Nations Security Council, India has expressed its 'disappointment' and said they reflected the 'trust deficit' between the two countries.
Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.
A decade after a massive tsunami triggered by an earthquake smashed the coastline of around 14 nations; India on Friday announced a $1 million (around Rs 6 crore) contribution to a United Nations fund for strengthening early warning systems for natural disasters.
Asserting that both Prime Minister Narendra Modi and Chinese President Xi Jinping are 'responsible' leaders, Russian President Vladimir Putin on Saturday said they both are capable of solving issues between the two countries, and that it was important that no 'extra-regional power' should interfere in the process.
After the resignation of all Dravida Munetra Kazhagam ministers from the government, the party on Wednesday said pulling down the United Progressive Alliance dispensation by bringing no-trust motion in the house is not the issue, but welfare of Tamils is their focus.
'China is unwilling to restore the status quo ante of April 2020.' 'India will have to weigh its options based on this premise.'
The returns from liquid funds, currently, look better than what savings accounts of leading banks are offering, points out Sarbajeet K Sen.
With development of the Vadhavan port, India will break into the countries with top 10 container ports in the world.
Clinton, who lost to President Donald Trump in the 2016 elections, claimed that both Russia and China are benefitting from his weak foreign policy.
The 71-year-old heir to the British throne, who himself recovered from the coronavirus at the end of last month, praised Britain's Asian community for the 'vital role' it has been playing during the pandemic as he called for the diaspora to donate generously to help the most vulnerable in their countries of origin.
Maharashtra is the BRS' first target.
If elected, he will be the second All India Congress Committee president from Karnataka after S Nijalingappa, and also a Dalit leader to hold the post after Jagjivan Ram.
Over 20 political parties, except the Biju Janata Dal and the Communist Party of India-Marxist-led Left Front, took part in the massive rally.
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