Obama’s trade and tax wish list may impact India
While India found no mention in U.S. President Barack Obama’s annual State of the Union (SOTU) address, certain policy proposals that he made to both houses of Congress on Tuesday evening, including increased trade authority and a tax clampdown on businesses, could have a ripple effect on... read more »
Installed solar capacity crosses 3 GW
New capacity addition in the clean energy sector was up nine per cent during the first 9-month of this fiscal. The total installed capacity of solar power in the country crossed 3,000 MW during the 3rd quarter. Renewable energy sector added 2,104 MW of new capacity during first three quarters of... read more »
Toyota tops in global vehicle sales, beats VW, GM
Toyota Motor stayed at the top in global vehicle sales in 2014, selling 10.23 million vehicles, beating Volkswagen and General Motors. Volkswagen AG of Germany sold 10.14 million vehicles in 2014 while the Detroit-based General Motors was third at 9.92 million vehicles, a company record. Toyota’s... read more »
Facebook’s impact on Indian economy pegged at $4 billion
Facebook enabled $4 billion economic impact on the Indian economy and contributed to 3,35,000 jobs in some or the other way during last year, according to a study. The study titled Facebook’s Global Economic Impact, by Deloitte, analyses how the social networking site has facilitated growth and... read more »
