- 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 bar many Chinese firms from investing in U.S. technology and by blocking more technology exports to Beijing. “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 brother owner.
- Outcastes: Italy’s interior minister evokes a dark past by vowing to expel Roma people
- Twitter effect:
Monday, June 25, 2018
Quick notes: EV jobs, Benami properties...
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