Quick notes: Digital tax | Indian banks...

• Digital Tax: U.S. tariffs poised to hit Austria, India, Italy for taxing local revenue of Internet companies such as Facebook and Google.



• Who killed Indian banking? Should the govt be in the business of running banks? "In business, the promoters need to put in equity on the table first and then look for bank loans but in many cases in India the promoters used bank money for equity as well"... Things have started changing with the new insolvency law. It has infused the fear of God among the corporate borrowers, finally.



• The rise of monopolies: Crony capitalism is thriving in New India



• Pinaka rocket: Key to the Enhanced Pinaka's success is a guidance system that combines an inertial navigation system with satellite navigation.. Its accuracy and range puts it on a par with the US army's M270 Multiple Launch Rocket System. 



• UK to ban petrol and diesel cars: New cars and vans powered wholly by petrol and diesel will not be sold in the UK from 2030.  Hybrids would still be allowed,
  



• Odissi : Mahina Khanum
  




• China champions globalism: RCEP does not impose any human rights, labor rights, or environmental requirements on the participating countries, key for China as the world’s leading concentration camp administrator and carbon emitter. . . . “In the name of openness, we have allowed subsidized products and unfair production advantages from abroad to prevail”



• Beijing Professor: China ‘cooked Indian soldiers alive with secret microwave pulse weapon’. ‘In 15 minutes, those occupying the hilltops all began to vomit. They couldn’t stand up, so they fled. ‘This was how we retook the ground.’ . . . Fake news: "It's pure and poor psyops from China".



• Chinese hacking continues: Massive, China-state-funded hack hits companies around the world.. Japan seems to be the main target this time.