Monthly archives: June, 2019

Microsoft calls for greater collaboration between tech companies and government to strengthen consumer trust in digital services

Only 41% of consumers in India trust organizations offering digital services to protect their personal data: Microsoft-IDC study Consumers feel that technology companies, followed by the government, should take the lead in building trust and using AI in a trusted manner New Delhi, June 27, 2019 – Unveiling the results of a new consumer study, …

IIT ROORKEE SIGN MOU WITH INSTITUO SUPERIOR TEĆNICO

27th  June 2019, Roorkee: On 17th June 2019, IIT Roorkee signed an MoU with Instituto Superior Técnico (IST) the largest and most prestigious school of engineering in Portugal.   Founded in 1911, IST is a public school of engineering and technology, part of Universidade de Lisboa (University of Lisbon). IST’s alumni have held prominent positions in both the …

Crisis in steel industry, steel safeguard and cost of innovation key topics at European Steel Day 2019

Brussels, 26 June 2019 –The European Steel Association (EUROFER) is today hosting its annual conference, European Steel Day 2019: Transitioning to the Future of EU Industry to highlight the challenges the sector is currently facing. These include the very difficult situation of the industry, the EU steel safeguard, and the need to support innovation if …

World Drug Report 2019: 35 million people worldwide suffer from drug use disorders while only 1 in 7 people receive treatment

VIENNA/ NEW YORK/ GENEVA/ ADDIS ABABA/ NAY PYI TAW, 26 June – Improved research and more precise data have revealed that the adverse health consequences of drug use are more severe and widespread than previously thought. Globally, some 35 million people are estimated to suffer from drug use disorders and who require treatment services, according …

May 2019 crude steel production

24 June 2019 Brussels, Belgium World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.7 million tonnes (Mt) in May 2019, a 5.4% increase compared to May 2018. China’s crude steel production for May 2019 was 89.1 Mt, an increase of 10.0% compared to May 2018. India produced 9.2 …

Microsoft underscores its commitment to the Indian startup ecosystem

Bengaluru, June 24, 2019: India is advancing steadily towards digital transformation. Businesses in India today are rapidly transforming to adopt digital solutions creating a huge market opportunity for startups. The startup ecosystem plays a critical role, bringing in innovation and disruption in much-needed areas, creating jobs, and offering technical solutions, thereby improving the lives of …

Surging debt levels a threat to global economic stability, says GlobalData

Globalization has transformed the economic frameworks of both developed and emerging nations. However, along with steady economic growth, several countries have also witnessed high rise in their debt burden, both private and public alike. Against this backdrop, GlobalData, a leading data and analytics company, cautions governments against relying too much on debt and calls for …

Message for World Refugee Day

The Secretary-General : Message for World Refugee Day 20 June 2019 On World Refugee Day, my thoughts are with the more than 70 million women, children and men – refugees and internally displaced persons — who have been forced to flee war, conflict and persecution. This is an astonishing number – twice what it was …

NASSCOM STATEMENT ON H-1B VISAS DEVELOPMENT

“There have been some speculation that the US Administration is considering lowering the cap on new H-1B visas. However, there has been no official confirmation yet from the US government on the matter yet, and we await clarity from official sources. The United States’ global leadership in technology has been made possible, in part, by its …

Statement regarding the Italian Crescita law decree and its potential implications for ArcelorMittal Italia

ArcelorMittal confirms that its Italian subsidiary (ArcelorMittal Italia “AMI”) has highlighted to the Italian government its concerns about the current text of the Crescita law decree. If ratified as currently drafted, the provision concerning the Taranto plant would impair any operator’s ability to operate the plant while implementing the environmental plan approved by the Italian Government in September 2017, …