“NIP will provide a boost to the vision of an Aatma Nirbhar Bharat. The availability of NIP projects on IIG will ensure easy accessibility to updated project information and attract investors for PPP projects,” Sitharaman was quoted as saying in a statement.
Category: Economy
The how and why of a potential TikTok sale to Microsoft
James McLeod of Financial Post speaks with Larysa Harapyn about the business and political implications of a potential TikTok sale to Microsoft. Read More
JPMorgan's chief U.S. equity strategist says investors should be looking to buy virus laggards
"It's very hard to time this by the day, by the week but I think this is what people need to be thinking about in the coming period," JPMorgan's Dubravko Lakos-Bujas told CNBC.
New York’s public transit asks Apple to solve this iPhone problem
New York’s mass transit agency wants Apple to come up with a better way for iPhone users to unlock their phones without taking off their masks, as it seeks to guard against the spread of the coronavirus in buses and subways.
In a letter to CEO Tim Cook obtained by The Associated Press, Metropolitan Transportation Authority Chairman Patrick Foye said riders have been seen removing their masks to unlock their phones using face-recognition technology, despite a recent update by Apple that simplifies the unlock process for people wearing masks.
Previously, an iPhone user wearing a mask would have to wait a few seconds as face recognition software tried to identify them before they eventually could enter a passcode. In response to the pandemic, Apple’s iOS 13.5, released in May, automatically presents the passcode field after a user swipes up from the bottom of the lock screen. Also, Apple Pay Express … Read the rest
New Zealand marks 100 days of coronavirus elimination
Life has returned to normal for many people in the South Pacific nation of 5 million, as they attend rugby games at packed stadiums and sit down in bars and restaurants without the fear of getting infected.
Amazon reportedly discussing using former J.C. Penney and Sears stores as fulfillment centers
The Sears and J.C. Penney locations could give Amazon more fulfillment center space, closer to customers, where delivery drivers could come unload and pick up packages.
Black-owned food businesses are seeing a surge in publicity and customers—and hope that investors are next
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It was a regular afternoon in May for Denise Woodard. Her daughter raced past in the background while she attended Zoom meetings from her Jersey City apartment in the black leggings and T-shirt combo that had been her uniform even before coronavirus. But when she went to check her email, the founder of Partake Foods experienced something new: hundreds of new messages, all from retailers and companies interested in selling her vegan, allergy-friendly, gluten-free cookies.
Before the pandemic, Woodard’s company Partake Foods was already set to launch nationwide with Target and hit 2,700 stores by the end of 2020. But after the murder of George Floyd by Minnesota police officers, Woodard and other Black business owners suddenly found themselves receiving more attention, the kind of interest from … Read the rest
Covid-19’s progress: What lies ahead for India
Covid-19’s progress: What lies ahead for IndiaIn stark contrast to countries with strong health systems that were slow to react, India implemented a decisive nationwide lockdown.
Coronavirus punishes Warren Buffett, as Berkshire Hathaway takes almost $10 billion writedown
Berkshire Hathaway Inc on Saturday announced a US$9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft and industrial parts unit, as the coronavirus pandemic caused widespread pain at Warren Buffett’s conglomerate, Berkshire Hathaway Inc. Read More