Apple is reportedly developing satellite technology to support its devices

A new report from Bloomberg claims Apple is working on satellite technology to beam data to users’ devices, and could launch a new initiative using the tech within five years. There are a lot of unknowns and caveats, though. The project is “still early and could be abandoned,” says Bloomberg, and it’s not clear what Apple’s end goal is. It’s also not known if the company wants to develop its own satellites or simply utilize others’ satellite data. With the technology in hand, though, the iPhone maker could do a number of useful things. It could…

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Finance ministry asks tax officials to identify evaders through data analytics

Union Finance Minister Nirmala Sitharaman. (Photo: Reuters) In a bid to meet ambitious tax target, the finance ministry on Friday held a review meeting with tax officials directing them to make special efforts to identify and book tax evaders through data analytics and information sharing. The meeting chaired by Revenue Secretary Ajay Bhushan Pandey. He was accompanied by the Goods and Services Tax (GST) and Central Board of Indirect Taxes and Customs (CBIC) officials. Officials were also told to communicate with taxpayers that they must genuinely file their taxes before…

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8 Travel Trends To Expect In 2020

Just as the destinations that we love to visit as avid travelers change from year to year, decade to decade, so do the travel trends that we partake in. Travel trends over recent years have included immersive travel, sustainable travel, multigenerational travel and skip-gen travel. While all of these have their merits, the travel landscape continues to evolve. empty, straight road heading towards new year 2020 – happy new year concept, GETTY In the upcoming year, we can expect different travel trends to pop up. For travel brands, including hotels,…

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Clean energy technology was thought to be uninvestable. One fund thinks otherwise

Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a big bet that it’s possible to back clean tech companies at the earliest — and often riskiest — stages, all without sacrificing returns. In October, Clean Energy Ventures announced that it raised $110 million for its first fund, which will target “the current capital gap for seed and early-stage investment in promising advanced energy innovations,” a press release said. The firm’s strategy rests on the belief that…

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Venkaiah Naidu nominates Manmohan Singh to parliamentary standing committee on finance

Manmohan Singh was the country’s finance minister between 1991 and 1996. (Photo: PTI) Rajya Sabha Chairman Venkaiah Naidu has nominated Former Prime Minister and senior Congress leader Manmohan Singh to the parliamentary standing committee on finance in place of party colleague Digvijaya Singh. Digvijaya Singh has now been nominated to the parliamentary standing committee on urban development by the chairman of the Upper House, according to a Rajya Sabha bulletin. “The Rajya Sabha chairman has nominated Manmohan Singh, member, Rajya Sabha, to be a member of the committee on finance…

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Is It Time For Voice Technology To Kill Touchscreens?

Humans and objects have had a long love affair. Simple tools, as well as sophisticated software are all extensions of our physical bodies. We can trace human progress and wellbeing to the level of sophistication of the tools we have created, and by doing so, the augmentation of our abilities to travel, build, communicate, and create. Since tools are so critical to our existence and prosperity, the way we interface with these tools is also of great importance. So important is the interface between humans and the machines we operate,…

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Why It Might Pay to Delay Planning Holiday Travel

Procrastinators who have yet to book holiday flights might still have a shot at getting reasonably priced tickets—especially if they’re willing to play chicken with the airlines. AAA analyzed three years of domestic flights to identify the best times to reserve seats for Thanksgiving and Christmas travel and found that dawdlers got the best prices. Those who waited until seven to 13 days before the week of Thanksgiving paid $482 on average. Those who waited until that close to the week of Christmas paid around $488. By those calculations, holiday…

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The 2019 Guide To Space Travel

Earlier this week, Richard Branson’s Virgin Galactic made waves when it became the first commercial human spaceflight company to trade on a stock exchange. With space tourism long considered a futuristic pipe dream, this move signals new confidence among investors in the industry’s long term viability. Shortly after the IPO, NASA made announcements regarding Boeing’s and SpaceX’s upcoming Commercial Crew capsule abort tests, which represent important technical milestones towards achieving commercial orbital spaceflight. All the while, the International Space Station (ISS) has continued with business as usual, with the first all-female space walk occurring just…

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Qantas completes record 19-hour flight to test limits of air travel

Qantas just broke a record for air travel, and it may have helped science in the process. The Australian airline has completed the first non-stop commercial flight from New York City to Sydney as part of a project researching the effects of very long flights — in this case, 19 hours and 16 minutes. The study measured pilots’ brain waves, melatonin and overall alertness, while passengers helped gauge the effectiveness of anti-jetlag measures like changes to cabin lighting and meals. Travelers even participated in exercises to keep their bodies limber. There are two…

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Finance Ministry ready to do more for NBFCs, says Nirmala Sitharaman

Will seek details from PSBs on funding to NBFCs, retail customers on Oct 14 Finance Minister Nirmala Sitharaman, on Thursday, said she is “not sitting back” after the recent spate of measures, and will take more steps if required for non-banking finance companies and other sectors. The minister will be meeting the chiefs of public sector banks on October 14, and she said will seek details of funding to NBFCs and retail customers. “I am not sitting back saying I have given some solutions for NBFCs. There may be more…

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