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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

With over 35% y-o-y increase in capex and a proposed infrastructure spend of over Rs 10 lakh crore in Budget 2022-23, the Union government has reinforced its commitment to using infrastructure as a force multiplier for sustained economic growth.

Budgeting 130
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How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges

PYMNTS

This shift resulted in a massive redeployment of transportation solutions, including last-mile infrastructure and the resources for ensuring its success. Production, distribution and transportation networks were not designed to accommodate such sudden shifts in demand across formerly predictable markets, Sharma said.

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Africa’s Chinese Trade Tie-Up

Global Finance

Angola now owes China approximately $20 billion, mostly on energy and transportation projects. Accordingly, China’s involvement in Africa goes beyond trade, encompassing a mix of economic investments, geopolitical strategies, and local challenges. Ethiopia’s debt to China stands at around $13.5

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Stakes Rising In The US-China AI Race

Global Finance

This sentiment is echoed by AI Now, a research institute, which asserts that “AI is now firmly positioned as a critical strategic technology for the geopolitical and economic ambitions of nation-states.” These advancements have thrust AI into the heart of national security and geopolitical discussions.

Economics 105
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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

Many stores, which came to rely on software-connected systems during the Covid-19 pandemic, are now leveraging these capabilities to eke out efficiencies that can help keep prices down amid stubbornly high inflation and rising interest rates, industry analysts said. Newsletter Sign-up. Kroger CIO Yael Cosset. Photo: The Kroger Company.

Startups 100
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Is Uber The Next Decade’s Trillion-Dollar Platform?

PYMNTS

Lyft is a self-described peer-to-peer marketplace focused on “revolutionizing transportation” and reducing traffic congestion in cities. For Uber, transportation is a platform feature that is central to its business, but is not its end game. Uber considers its competitors to be Amazon and Alphabet.

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Digital Solutions Economy in the Telecom Industry

Bramasol

DSE in Transportation. Not only has the pace of innovation accelerated; the telecom industry has also been whipsawed by pandemic related changes, global macro economic issues and shifting strategies on the part of major telecom companies and the changing demands of their customers. DSE in the Semiconductor Industry.

SAP 84