Business

Business

Electricity Distribution System

Researchers from the University of Waterloo have designed a new distribution system that would lower electricity expenses by 5%. This design involves installation of two different electricity currents – direct current (DC) and alternating current (AC) – powering industries and homes. This leads to increase services reliability as this distribution system delivers both kinds of currents. Current distribution system used globally can only deliver AC-type of the distribution systems. This

Online Sales

Festival and shopping have always been synonyms of each other. Nowadays, only their means have changed.  Earlier people usually shopped through retail stores until e-commerce came into existence.  Nowadays, online sales is more convenient and it is not related to festivals only. As per the recent report, in this holiday season, people have shopped for about US$110.6 billion. People have spent 18% more than what they have spent last year.

Anti-Dumping Duty

The Centre has forced anti-dumping duty of USD163.90-207.72 per ton on Chinese chemical used to make detergents for the next five years to protect the growth of domestic players from getting hindered from cheap imports from China. India has taken the move following the complaint filed by Gujarat Credo Mineral Industries and Chemicals India to Directorate General of Trade Remedies (DGTR) regarding how the import of the inexpensive chemical is

5G

Recently, the intelligence agency in New Zealand has rejected the first request of the telecom industry in the nature for using the 5G equipment, which was provided by China’s Huawei technologies Co Ltd. The telecommunications service provider, named Spark New Zealand Ltd who has made the request and further they would review the reasoning before considering any next steps. This decision has come after the Western countries have become increasingly

Facebook

Facebook has made an appeal a fine of around £500,000 ($639,255.40) from the U.K.’s privacy watchdog, who has made a claim that the company has failed in the protection of the privacy of at least one million users in the U.K., states the Financial Times. The appeal that has been made by Facebook is stated on the fact that the office of the Information Commissioner in the U.K. has discovered