Feb 2, 2018 - Budget 2018: Govt. Still Strong On Digital India; Allocates $480 Mn To Promote AI, ML, IoT

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

BUDGET 2018: Roads see 20% Jump in Allocation

FM Arun Jaitley said the government is confident of completing construction of highways of over 9000 km this year.
Finance Minister (FM) Arun Jaitley, in his Budget speech on Thursday raised the allocation towards the construction of roads and highways from budgetary and extra-budgetary resources to Rs 5.97 lakh crore from an earlier estimate of Rs 4.94 lakh crore for the fiscal year 2017-18.

Industry players welcomed the move. Satish Parakh, MD & CEO of Ashoka Buildcon, said, "This jump of 20% in expenditure on roads will give road infrastructure companies a renewed boost in business opportunities. This will also create a lot of opportunity for job creation. Other tax benefits like 25% tax for businesses having turnover of less than Rs 250 crore will help our subcontractors and they can be more competitive." Read More

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India is turning its back on Silicon Valley

India has for years incentivized Silicon Valley companies to make billions of dollars of investments in the nation. It's not that welcoming anymore.

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Today's TradeBriefs Cartoon

Startup Street: Five Indian Startups Most Likely To Turn Unicorns In 2019

AI predicting unicorns, Amazon and Apple’s shopping spree and Delhivery’s expansion on Startup Street this week.

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How tech giants are safeguarding your data at their mammoth facilities

Google has built custom servers exclusively for its data centres, never selling or distributing them externallyWhile you work, the big tech companies automatically back up critical data

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Opinion | Why India needs to be wary of China-style social credit ratings

We should build our own alternative solutions to the real problems such social credit systems solve

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Solving enterprise problems using Cloud and IoT

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Facebook is negotiating a 'multibillion dollar' fine for privacy lapses: Report

The fine would be the largest ever imposed on a tech company, said a media reportFacebook has had several high-profile privacy lapses in the past couple of years

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Why blockchain has caught the fancy of IIT-B

Blockchain is no longer just about cryptocurrencies. It is being used by healthcare, electricity firms, and others IIT-B is already piloting a blockchain solution christened

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NASSCOM summit to focus on new tech's impact on real world

The flagship NASSCOM Technology and Leadership Forum (NTLF 2019) was earlier known as NASSCOM India Leadership Forum.

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Exclusive Interaction with Mr. Kazim Rizvi, Founding Director of The Dialogue, on AI Driven Innovations

The Dialogue, an emerging public-policy think tank delivered a conference on AI, Privacy and Cross-Border data flows and also released a Working Paper titled “Intersection of Artificial Intelligence with Cross-Border Data Flow and Privacy”, at the Constitution Club of India. To know more about the study findings, we had a discussion with the founding director …

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