January 29, 2018

News for the IET

No specific news for the IET todayedit

Scroll down for key industry stories for the day.

News for other PEI

BAIC founder Terry Tan: Creating a new world through AI, IoT and blockchainedit

IT News Online

The idea gained a lot of support after it was shared with companies from different industries. The open-source blockchain technology community BAIC was established on this support. The BAIC community was initiated by Terry Tan. Tan is an internet entrepreneur, the founder of IMIO Labs which is an AI enterprise and the chairman of the IEEE Smart Home working group.

IEEE

Industry News: Information and Communications

Artificial Intelligence will change the rules of the gameedit

Mint

A future world where the physical and digital lines don’t exist and all that remains is a connected experience, where Artificial Intelligence will take over decision-making

Artificial Intelligence
Are We Ready for a Digital Tax?edit

The Economic Times

In India, the digital economy is pegged at about $450 billion. It is expected to grow to over $1trillion in the next 3-4 years. So, what are the elements that encompass the entirety of digitalspace? Are we geared to handle this evolutionary phase from a tax standpoint? The expansive digital world would include e-commerce, app stores, crypto currencies, Internet of Things (IoT), Big Data and cloud computing, among others. As a taxpayer, is there clarity on the taxes to be paid for digital transactions?

Digital TaxIoT
Despite fears, companies believe Artificial Intelligence can change workplace for betteredit

Financial Express

Even as fears about artificial intelligence (AI) mount across the globe, organisations still believe that pairing humans alongside machine intelligence will create a more effective workforce, according to a study.

Artificial Intelligence
Secure IoT now or Risk Dystopian Futureedit

BW CIO World

An F-Secure-sponsored report reveals that the security failings in today’s Internet-connected devices will only become more pervasive unless action is taken

CyberSecurity

Industry News: Education

Improving the quality of educationedit

The Hindu

The key issue across all levels of education in our country is quality. The particular priority for each of primary, secondary and higher education is, however, different.

Education
New Engineering syllabus to be industry readyedit

Deccan Chronicle

The All India Council for Technical Education (AICTE) has come out with a revised syllabus for the coming academic year for all engineering colleges in the country, introducing more internships and reducing the credits required for a student to complete his/her undergraduate degree from 220 to 160.

Engineering

Uncategorized

India’s Renewable Projects’ IRR estimated to be around 9-11 per centedit

ELE Times

MNRE has proposed the internal rate of return (IRR) of major renewable energy projects to be in the range of 9-11 per cent.

Renewable Energy
Renewables sector wants Budget to pack more energyedit

The Hindu

Industry players in the renewable energy sector are of the view that there are a number of policy decisions related to import duties and domestic manufacturing, which, if taken, could further boost the sector. The opinion comes despite growing budgetary allocation to the Ministry of New and Renewable Energy (MNRE) over the years.

Renewable Energy
Solar industry seeks clarity, relief in safeguard dutyedit

The Economic Times

The sudden imposition of the duty will put a number of projects that are currently under various stages of development under risk in the near term. More than 10,000 MW of capacity is imported annually and this duty will adversely impact the project’s viability,” CleanMax Solar Managing Director Kuldeep Jain said.

Solar Energy
Budget 2018 expectations: Renewable energy industry wants tax cuts, more funds from Arun Jaitleyedit

The Financial Express

By Anupam Chatterjee

The sector anticipates that the government would address issues which pose threat to investments in this area if it wants to have 175 GW of installed renewable power generation capacity by 2022. “It would be a welcome move if the government streamlines capital allocation towards creating solar parks and associated infrastructure along with green corridors,” Sanjay Aggarwal, managing director, Fortum India, said.

Renewable Energy
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