Monday, April 6, 2020

April 6, 2020 - Prioritize spending on poor, Raghuram Rajan tells Modi

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TradeBriefs Editorial

From the Editor's Desk

Google is using AI to design chips that will accelerate AI

A new reinforcement-learning algorithm has learned to optimize the placement of components on a computer chip to make it more efficient and less power-hungry.

3D Tetris: Chip placement, also known as chip floor planning, is a complex three-dimensional design problem. It requires the careful configuration of hundreds, sometimes thousands, of components across multiple layers in a constrained area. Traditionally, engineers will manually design configurations that minimize the amount of wire used between components as a proxy for efficiency. They then use electronic design automation software to simulate and verify their performance, which can take up to 30 hours for a single floor plan.

Continued here


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Retail
Prioritize spending on poor, Raghuram Rajan tells Modi
Prioritize spending on poor, Raghuram Rajan tells Modi
Former RBI boss warns that bad loans will mount in the banking sector.The pandemic is India's greatest emergency perhaps since Independence, says Raghuram Rajan


Retail
DMart promoter Radhakishan Damani donates Rs 155 crore to PM CARES Fund and various states relief funds
DMart promoter Radhakishan Damani donates Rs 155 crore to PM CARES Fund and various states relief funds
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Finance
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis

IMF asked advanced economies to step up efforts to help emerging markets survive the impact of the pandemic.


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Finance

Startups demand liquidity lifeline to stay afloat

Industry writes to FM seeking loans free of interest or linked to tax, GST refunds


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Food/FMCG
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Ten days into the lockdown, production of essential items has increased as the government clarified what goes into that list.


Food/FMCG
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The wholesale distribution system is not only reporting a hit in inflow of certain essential goods but also with retailers not turning up to restock their own supplies.


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Software
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Emerging technologies like ML are helping identify property trends and pricing algorithms to further customize the customer experience.


Software
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Software
Testing is a must, but it can't decide what India should do next

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Ecommerce
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Minister Piyush Goyal assured that startup relief package will be announced soon while IndiaLends and CreditMate have asked employees to take pay cuts while founders also took salary cuts.


Ecommerce
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While the shutdown hurts everyone, online sellers face the worst in some areas than their offline counterparts


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Digital


Digital
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Rural data consumption surged to to 4.7 terabyte as on March 30 from 2.7 TB on March 10, a near 100 per cent increase.


Digital
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Franchise
Hyatt Life: 6 Things About The Star-Studded World of Hyatt You Should Know

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Franchise
FabHotels lays off over 100 employees, to cut up to 20% salary

In a mail to the company's employees, VaibhavAggarwal said travel and hospitality industry continues to be standstill driven by lockdowns in major cities around the world.


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HR
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HR
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Logistics
Ships Are Moving, but Exhausted Sailors Are Stuck at Sea Under Coronavirus Restrictions

Thousands of seafarers can't travel to man ships, leaving growing numbers of crews around the world exhausted and facing illness at sea.


Logistics
Lifeline Udan: No commercial traffic but Indian skies buzzing with cargo planes carrying Covid-19 essentials

Cargo flights with essential commodities and medical equipment are flying across the country to provide relief amid the coronavirus crisis.


Logistics
"We are proud of you": Pakistan Air Traffic Controller praises Air India relief operations

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Logistics
Air Deccan ceases operations, asks employees to go on sabbatical without pay

In an email to his employees, Air Deccan CEO Arun Kumar Singh said, "In view of the recent global and domestic issues and subsequent directive by the Indian regulator (to suspend all commercial passenger flights till April 14), Air Deccan has no choice but to cease its operations until further notice."


Logistics
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Construction
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Construction
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Construction
Coronavirus: Dharavi sets off alarm bells for Mumbai municipal corporation

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Marketing
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Marketing
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Politics
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Politics
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Politics
Over 1,000 Attend Tribal Procession In Rajasthan Amid Lockdown
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Sports
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Entertainment
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Entertainment
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Work
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Telecom
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Telecom
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