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Google Buys Startup To Push Research In VR, AR

SAN FRANCISCO: In its bid to boost its prospects in the world of virtual reality (VR), augmented reality (AR) and Google Glass eyewear, Google has acquired Eyefluence — a startup that is developing eye-tracking technology which can be incorporated into AR/VR headgear and smart glasses. “We are excited to announce that the Eyefluence...
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Education India 2016 Prog To Identify Innovative Startups

NEW DELHI: Village Capital and Michael & Susan Dell Foundation today said they have concluded a mentoring programme aimed at making early-stage Indian education start-ups more investment ready.  Funded by the Michael & Susan Dell Foundation, the Education India 2016 programme identified 10 innovative, early-stage enterprises that are helping to increase underserved students’ chances of accessing college education and improving...
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Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

GAWAHATI: Oil India Limited (OIL) has set up an OIL Start-Up fund of 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast.  The oil exploration major’s chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the Centre’s ‘Start-up India’ initiative. “The OIL Start-Up fund...
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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

As US president Donald Trump threatens to impose reciprocal tariffs on its trading partners, potentially upending global commerce, India has placed a significant emphasis on invigorating manufacturing and exports while also opening up the domestic market. As part of the customs duty rejig, the government lowered import tax on a range of products such as...

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

The Union budget has set a new five-year target to cut the central government’s debt to 50% of gross domestic product, give or take 1%, by 31 March, 2031. The budget, presented by finance minister Nirmala Sitharaman on Saturday, also sought to signal the Narendra Modi administration’s commitment to fiscal prudence and infrastructure creation, including...

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