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Factories of the future: we’re spending heavily to give workers skills they won’t need by 2030

The government is trying to achieve a renaissance in vocational education with its industry-focused T-level courses for students, “Skills Bootcamp” retraining programmes for adults, and increased funding for further education in general. Together with the recent announcement of a new Nissan “mega-factory” in Sunderland, some might argue that the UK is finally becoming a high-skill vocational manufacturing economy to rival Germany and Japan. Unfortunately, the world is moving ... Read More »

Used car market to be twice as big as new car segment by FY2025

After shrinking considerably since FY2019, the Indian passenger vehicle (PV) market is expected to get back on the path to recovery in the coming years. According to a study carried out by research firm Frost & Sullivan, and commissioned by Volkswagen India, the growth will primarily be driven by used car sales which are projected to outnumber new car volumes by ... Read More »

Ericsson’s ConsumerLab report predicts a future ruled by AI and VA

The report represents the predictions of 34 million early technology adopters 60% virtual assistant (VA) users believe that devices that understand our moods will be mainstream in two years, as per the ConsumerLab trend report by Ericsson. The Swedish telecommunications company in the eighth edition of its annual report evaluated consumer thoughts and predictions on near-future technology including artificial intelligence ... Read More »

Challenged by China and Russia, US builds force for future space wars

WASHINGTON: The United States has met a mounting 21st century strategic challenge from Russia and China with the creation of a full-fledged US Space Force within the Department of Defense. Acting on an ambition by President Donald Trump that had met resistance at first, the White House signalled its determination to not cede superiority in a Star Wars-like future of killer satellites and satellite-killer weapons. Trump made the ... Read More »

Spurred by robust used car sales, Cars24 to expand its network in India

Bengaluru: On the back of buoyant sales of used cars in India, Gurugram-headquartered tech-enabled used car company Cars24 is investing heavily on growing its presence across the country, and on improving its back-end technology, according to a top company official. Gajendra Jangid, co-founder and chief marketing officer of Cars24, in an interview to Mint, said that the company sells 13,500 cars ... Read More »

Excess surcharge paid by FPIs to be adjusted in future tax payments

Foreign portfolio investors (FPIs), who have been paying higher surcharge in the past two months on remittance of gains in the form of advance tax, will pay less going forward. The payment of tax will reduce to the extent of excess surcharge paid by the FPIs in the past, said experts. The higher tax paid would depend on the quantum of ... Read More »

AMW CFMoto To Launch 400 cc Bikes In India By 2020

Globally, CFMoto currently offers two motorcycles in this space – 400NK and 400GT AMW CFMoto, the newly entered Indo-Chinese two-wheeler brand and announced that its next product for the Indian market will be a 400 cc motorcycle. The company, which recently commenced its India operations with four new motorcycles – 300NK, 650NK, 650MT and 650GT, has said that as soon as the Bharat Stage VI ... Read More »

New Car Registrations Down By 4.6%, Two-Wheelers By 5% In June 2019: FADA

Uttar Pradesh had the highest vehicle registrations last month at 2,93,905 units The Federation of Automobile Dealers Associations (FADA) today released the Monthly Vehicle Registration Data for the Month of June 2019. According to the FADA report, last month, the total Vehicle Registrations fall 5.4 per cent. This includes a drop of 4.6 per cent in passenger vehicle sales, and ... Read More »

Future Of Medicine – Powered By Cloud

As the name suggests, with the help of this cloud technology a patient just needs to share the health concerns with the technology system and if need be, health insurance details as well. On receiving these details, a physician will contact you in real-time and share prescriptions. You can order medicines online, pay online as well,and receive the medicines at ... Read More »

Used car market size can be ₹50, 000 crore by 2022: Mahindra First Choice

The size of India’s pre-owned or second-hand car market could be between 6.7 million units and 7.2 million units by 2022, with the value of the segment pegged at ₹50,000 crore, according to a sector outlook released by Mahindra First Choice Wheels Ltd, the pre-used car business of Mahindra and Mahindra Ltd. According to the report, the share of organized retail ... Read More »