Tuesday, July 17News That Matters

World

US envoy to UN Nikki Haley visits India to boost Indo-US ties:

US envoy to UN Nikki Haley visits India to boost Indo-US ties:

World
US envoy to the United Nations Nikki Haley reached India yesterday on a two-day visit to strengthen America's strong alliance with India. Talking to reporters in New Delhi, she said that in this day and time, there are more and more reasons for both the countries to come together. She will address a group of business and government leaders, students, and civil society on advancing US-India relations in New Delhi today. The deliberations will focus on strengthening strategic, security, and defence cooperation as the United States and India jointly confront global challenges. Ms Nikki R. Haley, the daughter of Sikh immigrants from Punjab, is the first Indian-American to serve in a Cabinet-level position in any US presidential administration.
India, Seychelles agree to work on Assumption Island project, respect concerns

India, Seychelles agree to work on Assumption Island project, respect concerns

World
India and Seychelles today agreed to work together on a project to develop a naval base at the Assumption Island keeping each other's concerns in mind after talks between Prime Minister Narendra Modi and President Danny Faure. India also announced a USD 100-million credit to Seychelles for augmenting its defence capabilities. "With this credit, Seychelles will be able to buy defence equipment to boost its maritime capacity," Prime Minister Modi said in his joint media statement with Faure. On the project to develop a naval facility at the island, which would give India a strategic advantage in the Indian Ocean Region, Modi said, "We have agreed to work together on the Assumption Island project based on each other's rights." Faure, in his remarks, said the Assumption Island proj...
Global economy is healthy but growth will slow predicted by World Bank

Global economy is healthy but growth will slow predicted by World Bank

World
The steadily expanding global economy should remain resilient, at least for a couple of years, the World Bank has said. The anti-poverty agency predicts global growth will decelerate slightly from a solid 3.1 per cent this year to 3 per cent next year and 2.9 per cent in 2020. The world economy is generally healthy but must contend with rising interest rates in wealthier countries and weaker demand for commodities in developing nations. It also faces risks from trade disputes, financial volatility and geopolitical tensions. The World Bank predicts that US growth will register 2.7 per cent in 2018, aided by tax cuts, before slowing to 2.5 per cent next year and 2 per cent in 2020. China's growth is projected at 6.5 per cent this year, 6.3 per cent in 2019 and 6.2 percent in 202...
GovSat-1 Successfully Launched on SpaceX Falcon 9 Rocket

GovSat-1 Successfully Launched on SpaceX Falcon 9 Rocket

World
The GovSat-1 spacecraft was successfully launched into space today on board a flight-proven SpaceX Falcon 9 rocket at 4:25 PM EST from Cape Canaveral Air Force Station. GovSat-1 is the first satellite of GovSat, a public private partnership between the Government of Luxembourg and the world-leading satellite operator SES. The multi-mission satellite will be located at the 21.5 degrees East orbital slot, to serve governmental and institutional customers over Europe, the Middle East and Africa, and provide extensive maritime coverage over the Mediterranean and Baltic seas, and the Atlantic and Indian oceans. The highly flexible and resilient GovSat-1 payload features advanced security capabilities and uses dedicated frequencies in X-band and military Ka-band. GovSat-1 is equipped wi...
Google’s CEO Sundar Pichai gives his two cents on the ‘cheese in burger’ debate :

Google’s CEO Sundar Pichai gives his two cents on the ‘cheese in burger’ debate :

World
The debate regarding the position of a cheese slice in a burger has taken another twist with Google’s head Sundar Pichai joining the raging debate.In response to the viral online debate about the position of cheese in a burger, Pichai tweeted that he will address the issue today, giving it priority over all other matters. ‘Will drop everything else we are doing and address on Monday… if folks can agree on the correct way to do this!,’ he tweeted. The debate started on Saturday on Twitter after Thomas Baekdal, the founder of Baekdal Media posted tweeted about the difference in the placement of cheese in the burger emojis of both Google and Apple. “I think we need to have a discussion about how Google's burger emoji is placing the cheese underneath the burger, while Apple puts it
India-UAE Partnership summit begins in Dubai to accelerate bilateral trade & investment :

India-UAE Partnership summit begins in Dubai to accelerate bilateral trade & investment :

Business & Corporate, World
The two-day India-UAE Partnership Summit began in Dubai today to further accelerate bilateral trade and investment between the two countries. The Summit, with a theme of Investment Implementation, is to deliberate at how key projects in India can be executed with the support of the UAE based businesses and investors. Healthcare, tourism, infrastructure and education are some of the areas of focus during the Summit. The private sector of India and the UAE, especially the NRI business community have come forward to support the strategic government-to-government partnership, first by creating a new pan-UAE business entity, the Business Leaders Forum (BLF) in March 2017. BLF, set up under the direct guidance of the UAE Ministry of Economy, Embassy of India and Consulate General of India...
Sundar Pichai talks Pixel, Google hardware and HTC expertise for other products :

Sundar Pichai talks Pixel, Google hardware and HTC expertise for other products :

Technology, World
The third quarter of 2017 saw Google acquire 2,000 HTC engineers and intellectual property, as well as the launch of their second Made by Google line of products. During today’s earnings call, Sundar Pichai talked more about that deal, as well as their broader hardware business. During this quarter’s recap, the Google CEO talked about the Home Max, Pixel 2, and how this year the company plans to get devices into more people’s hands by scaling their go-to-market strategy. We’re investing more in marketing. We’re launching in more countries. And we’re offering these devices in more retailers. And we’re already seeing results. Pre-orders of Pixel on day one this year were more than double what they were last year. Meanwhile, investors were interested in the hardware business following t
India, Ethiopia sign agreements on trade, communication :

India, Ethiopia sign agreements on trade, communication :

Business & Corporate, World
India and Ethiopia today signed agreements on trade, communication and media to boost bilateral ties. The agreements were signed after wide ranging talks between President Ram Nath Kovind and his Ethiopian counterpart Mulatu Teshome at Addis Ababa in Ethiopia. The two leaders discussed economic relations between the two countries and also support to Ethiopia in the power healthcare, and education sectors. In a series of tweets, Mr Kovind said, India has created jobs and contributed to the prosperity of Ethiopia. He referred to India as among the top three sources of foreign direct investment for Ethiopia. The President also thanked Ethiopia for its participation in the International Solar Alliance (ISA), established in 2015. The aim of the ISA is to provide a dedicated platfor...
Facebook to introduce facial recognition to verify user identity for account :

Facebook to introduce facial recognition to verify user identity for account :

World
Facebook is working on a facial recognition feature to help users secure the account and verify identity, reports said. "We are testing a new feature for people who want to quickly and easily verify account ownership during the account recovery process. This optional feature is available only on devices you`ve already used to log in. It is another step that were taking to make sure account owners can confirm their identity," Facebook told TechCrunch late Friday. The social media giant has tried a number of methods to help users regain access to a locked account. In certain cases it asks the user to identify photos of friends to verify designate several "trusted friends" who receive a code that can be asked from them to unlock the user`s account. Reportedly, the company is also workin...
India growing pretty robustly: World Bank President

India growing pretty robustly: World Bank President

World
World Bank President Jim Kim has said India has been growing pretty robustly. Speaking at the Bloomberg Global Business Forum meeting in New York , Kim said Japan, Europe and the US along with India were growing and there was a levelling-out in developing countries. He called for more cooperation among the multilateral system, private sector and the governments to take advantage of the current win-win situation.