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US has a warning for India over Huawei products

The US has warned the Indian government that companies found supplying equipment or other producs of American origin to Huawei or its units could face punitive action, said people with knowledge of the matter. The May 27 letter send to the Ministry of External Affairs (MEA), is being seen as part of US efforts to […]

5G ambulance offers efficient help in treating China earthquake victims

An ambulance equipped with 5G wireless technology proved an efficient helping hand in treating victims of the earthquake that hit southwest China’s Sichuan Province. On Tuesday evening, as a victim severely injured in the quake was receiving treatment in an ambulance in Changning County, high-definition images of the patient’s ultrasound scan were transmitted in real […]

Telcos disagree over 5G spectrum pricing

The telecom industry is split on the government’s call to hold 4G and 5G spectrum auctions in 2019, in all likelihood without lowering the prices that the regulator had suggested.  While Bharti AirtelNSE -1.00 % and Vodafone Idea have called the 5G spectrum prices “exorbitant” and called for them to be lowered, new entrant Reliance […]

Instagram probes influencers’ data leak linked to Mumbai firm

Popular social network platform Instagram is investigating the massive data leak that has exposed contact data of millions of influencers, brand accounts and celebrities. The data set being leaked from the Facebook-owned Instagram was first reported by technology-focused media platform–TechCrunch. Incidentally, the report said the leaked database was traced back to a Mumbai-based social media […]

US ban will not affect Huawei’s 5G products

Huawei founder Ren Zhengfei on Tuesday shrugged off US attempts to block his company’s global ambitions, saying the United States underestimates the telecom giant’s strength. Ren spoke to Chinese media days after President Donald Trump issued orders aimed at thwarting Huawei’s business in the United States, the latest salvo in a campaign to stop the […]

Pharma exports grow 11%, cross $19 bn

India’s pharmaceutical exports grew a robust 10.72% in 2018-19, and raced past the $19-billion mark for the first time, a performance marked by a rebound in the U.S. market, improved show in almost all the top 25 destinations and across categories. Exports touched $19.13 billion as against $17.28 billion of 2017-18, the previous highest, details […]

Silk Road 3.0

China is revising its flagship overseas infrastructure spending plan after criticism. Christopher Beddor explains to Pete Sweeney what the next version of the Belt and Road initiative will look like. SOURCE: Reuters (7)

India’s renewable energy initiatives

By Charles F Moreira, Editor India will achieve its target of 175 GW (gigawatts) or 175,000 MW (megawatts) of installed renewable electrical energy generation capacities ahead of its 2022 deadline, a senior government official said on 23 February 2018. The International Solar Alliance (ISA) will help mobilise sufficient funds for the solar energy projects, according […]

China UnionPay expands business partnership along Belt and Road

China UnionPay’s international business arm has teamed up with Belt and Road Initiative countries in a bid to build an interconnected payment network within the region and support personnel exchanges. UnionPay International signed agreements with five mainstream institutions from Indonesia, Laos, Thailand, the UAE and Uzbekistan in Beijing to boost cooperation in traditional and digital […]

China’s tax cut benefits more

China’s continued efforts to reduce taxes have benefited more businesses and individuals, an official said. New tax cuts saved 341.1 billion yuan (around US$50 billion) for tax payers in the January-March period, Cai Zili with the State Taxation Administration said Tuesday at a press conference. Cai said the cut was more inclusive and sharper than […]

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