Friday, August 30, 2024

Quick notes: Predactory MNCs | Thorium+Molten salt...

  • E-commerce MNCs a threat to India: Amazon not doing India a favour by investing billions of dollars: Piyush Goyal.... “If you made ₹6,000 crore loss in one year, does that not smell of predatory pricing to any of you? Where did that loss come from?” The role of e-commerce in the Indian economy needs to be carefully evaluated and made citizen-centric to ensure there is no social disruption that may affect about 100 million small retailers across the country, the Minister said.



  • Waqf through the ages: How Rs 1-lakh crore property owner board acquires land... Entire village's land snatched away overnight, shocking reality of Thiruchendurai


  • Time To Shut Down Coaching Classes? Nobody wants to learn from the Chinese, but see how Xi Jinping addressed it in 2021. He demolished his entire tuition and coaching industry overnight. Reasons given: It was straining the finances of families, causing inequality, wasting families' time and taking young people away from more fun things. Everything, including coaching centres for China's famed UPSC equivalent, Gaokao, was banned. There was to be no tutoring for profit, no IPO listings, no share sales, limits on online learning, no mergers, acquisitions, foreign collaborations. End of story.


  • China to launch world’s first thorium molten salt power station: Moving away from the water cooling model, this design significantly reduces the chances of meltdowns. Further, thorium reactors generatw less toxic and short-lived radioactive waste than uranium-fueled ones, thereby easing long-term disposal.



  • AI's insatiable energy demand: Amazon's purchase of a data center campus adjacent to a nuclear power facility speaks to a broader issue that Amazon and other tech giants are grappling with: the insatiable demand for energy from AI... not just power, AI is guzzling water too.


  • Beijing increases its influence in Nepal: Tibetans in Nepal not free to celebrate Dalai Lama's birthday.


  • Foxconn: Southern states look to outfox each other in hunt for a Foxconn ‘city’


  • Environmental concerns persist as Amaravati 'world city' rises: “Amaravati is likely to be an environmental disaster in making. There are a series of environmental issues involved, revolving around forests, water bodies, wetlands, floodplains and the riverbed. It is a flood-prone area. Flood mitigation measures are going to be expensive,”


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