☕ News: Droom IPO; India to become world's third-largest imported
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If countries were a stock, which ones should you long & which to short?
If countries are stocks, which ones should you long & which to short? I used machine learning to grade the industrial health of 190 countries over 30 years. Here’re results on China, US, India & more. See which countries I’m bullish & bearish about for the next decade [Read]
India will become 3rd largest importer by 2050
With a growing middle class ioand its rising discretionary spending, India will become the world’s third largest importer by 2050 with a share of 5.9% of global imports, right behind China and the US, a new report said, mimicking its projected ranking among world economies.
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Ireland raises privacy question over Facebook smart glasses
Ireland’s data privacy regulator on Friday said it had asked Facebook to demonstrate that an LED indicator light on the social media giant’s newly launched smart glasses is “An effective means” to let people know they are being filmed or photographed.
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Spike in compliance costs may hit tech startups hard
Crippling compliance costs arising from upcoming data regulations could sink many small technology startups, experts aware of the rules said, underlining concerns raised by industry organizations
Droom looks to raise ₹1,000 cr from share sale early next year
The company plans to raise up to ₹1,000 crore through the IPO, which will be a mix of primary and secondary share sales,” the person said, adding that the initial public offering could see some of Droom’s existing investors pare their stakes.
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EV customers face charging roadblocks at residences, Niti Aayog assures changes
There are, at present, a few challenges of setting up charging for a private EV at residential complexes: o RWAs are not familiar with EV charging and are denying permissions to EV owners or potential owners for setting up their charge points
SpaceX’s first space tourists have returned to Earth, splashing down inside the Crew Dragon spaceship
It’s not the first time this particular capsule, named Resilience, has weathered such a fall: It’s the same ship that flew SpaceX’s first full astronaut crew to the International Space Station for NASA last year, then brought them home in May. Recovery crews in boats swarmed the scene to pull the spaceship out of the water and help the travelers climb out
COVID-19 vaccine’s impact on menstrual cycles needs to be investigated after 30,000 women report changes, says top scientist
More than 30,000 women said their menstrual cycle being somewhat altered after getting the COVID-19 vaccine, reported Sky News.
Government To Set Up Research Wing To Boost Information Dissemination
Government plans to set up a research unit to back up policy decisions with well researched data.
2 spacetech startups get access to ISRO facilities, expertise to test rocket systems
The Department of Space has entered into a Framework MoU with aerospace startup Agnikul Cosmos for access to ISRO facilities and expertise towards the development and testing of subsystems/systems of space launch vehicles.
Elon Musk’s push to expand Tesla’s driver-assistance to cities rankles a top safety authority
Elon Musk last week said drivers would soon be able to request an enhanced version of what Tesla calls its “Full Self-Driving Capability.” The upgrade is expected to add a feature intended to help vehicles navigate cities, expanding the suite of driver-assistance tools that had been designed mainly for highways.
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