World Bank Study: Effect of Automation on FDI flows

Published: January 7, 2020

On January 6, 2020, the World Bank released its study on how FDI flows are affected in the world due to automation. The study concluded that automation will certainly disrupt the flow of capital from rich countries to poor countries. On the other hand, the poor countries can gain from automation if adopted at the ..

Month: Current Affairs - January, 2020

Category: Reports & Indexes Current Affairs

Topics: Automation • Economy • Employment • FDI • Foreign investments • Robotics • Unemployment • World Bank

The first-ever solutions-focused event “Global Cooling Innovation Summit” to be held in India

Published: November 10, 2018

The first-of-its-kind solutions-focused event “Global Cooling Innovation Summit” will be inaugurated by Union Science & Technology Minister, Dr. Harsh Vardhan in New Delhi on 12th November 2018. The Summit will bring together leaders from around the world to explore concrete means and pathways to address the climate threat that comes from the growing demand from ..

Category: Summits and Conferences

Topics: Air conditioning • Ancient Egyptian technology • Ancient Roman technology • Automation • CEPT • Department of Science and Technology • Government of India • Harsh Vardhan • Technology • Vardhan

NITI Aayog signs a pact with ABB India to benefit country from AI & robotics

Published: May 24, 2018

On May 23, NITI Aayog and ABB India have signed a Statement of Intent (SoI) to work together in preparing key sectors of the economy for digitalisation, Artificial Intelligence (AI), robotics and industrial automation. Jointly, NITI Aayog and ABB will work with government ministries, solicit feedback for areas critical to them and discuss solutions using ..

Topics: ABB Group • Automation • Companies • Electrical engineering • Niti • NITI Aayog • Robotics

World’s largest automated container terminal opens in China

Published: December 12, 2017

China started trial operations of world’s biggest automated container terminal at Yangshan Deep Water Port in Shanghai, the country’s commercial hub. The terminal is located at south of Donghai Bridge, phase 4 of Yangshan Port and covers 2.23 million square metres and has a 2,350-metre shoreline. The automated management system is also used at port ..

Month: Current Affairs - December, 2017

Topics: Automation • China • International • Shanghai • Yangshan Deep Water Port

TRAI recommends delicensing of some spectrum for M2M services

Published: September 7, 2017

The Telecom Regulatory Authority of India (TRAI) has recommended delicensing of chunk of spectrum in few bands to facilitate smooth roll-out of machine-to-machine (M2M) communications. TRAI has suggested that no separate spectrum band will be allocated exclusively for M2M services, rather it will utilise existing license exempt airwaves. M2M communications Unlike person-to-person (P2P) communication, M2M ..

Month: Current Affairs - September, 2017

Topics: Automation • M2M communications • Science and Technology • TRAI

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