Madhya Pradesh inks pact with IFC to set up world’s largest solar plant The Madhya Pradesh government has inked a pact with IFC, member of the World Bank Group, to set up the world’s largest solar energy plant with a capacity of 750 MW. The Rewa Ultra-Mega Solar Power Project will be set up in
Preparing IT systems and organizations for the Internet of Things
Preparing IT systems and organizations for the Internet of Things As the Internet of Things (IoT) gains momentum, many companies are trying to determine how best to update their existing IT architectures and operations to capitalize on this trend. The Internet of Things refers to the networking of physical objects through the use of embedded
Transformer in chief’: The new chief digital officer
Transformer in chief’: The new chief digital officer In the alphabet soup that is today’s crowded C-suite, few roles attract as much attention as that of the chief digital officer, or CDO. While the position isn’t exactly new, what’s required of the average CDO is. Gone are the days of being responsible for introducing basic
Unlocking the potential of the Internet of Things
Unlocking the potential of the Internet of Things The Internet of Things—sensors and actuators connected by networks to computing systems—has received enormous attention over the past five years. A new McKinsey Global Institute report, The Internet of Things: Mapping the value beyond the hype, attempts to determine exactly how IoT technology can create real economic
Why some Chinese speakers also use Western names
Why some Chinese speakers also use Western names Jet Li, or Li Lianjie? It’s not uncommon for people from the Chinese-speaking world to have two different names – a Chinese and a Western one. While this serves a practical purpose, it also has social implications. You might have heard of movie star Jackie Chan, but
Solar and Wind Just Did the Unthinkable
Solar and Wind Just Did the Unthinkable The sun and the wind continue to defy gravity. Renewables just finished another record-breaking year, with more money invested ($329 billion) and more capacity added (121 gigawatts) than ever before, according to new data released Thursday by Bloomberg New Energy Finance. This wasn’t supposed to happen. Oil, coal and
India Could Edge Out China From Top Growth Spot in 2016
India Could Edge Out China From Top Growth Spot in 2016 Asia’s third-largest economy steals the limelight from a slowing China, according to economists.Could this be India’s year to shine? With China’s growth targets in doubt, India will stand out for being the only economy in the world to expand more than 7 percent, according to surveys of Bloomberg
Why the U.S. economy could keep growing until 2020
Why the U.S. economy could keep growing until 2020 All of a sudden the doom-and-gloom crowd has lots to crow about: China is suffering a scary slowdown, Latin America is imploding and geopolitical threats are on the rise. And the U.S. stock market is off to its worst start to a year. Ever. Yet the
China’s ambitious Silk Road strategy
China’s ambitious Silk Road strategy An important element of Chinese foreign policy is the Silk Road initiative, which is supposed to realize the “Chinese dream,” and make China one of the world’s leading nations. But there are many misgivings. Chinese President Xi Jinping wants to create close ties with Asia, Europe, the Middle East, and
Why Funds Managers Love Indian Bonds
Why Funds Managers Love Indian Bonds Rupee sovereign bonds, Asia’s best performers for two years in a row, are still the top pick for some global funds. Plunging oil prices, a stable currency and limited exposure to China are keeping investors bullish, with Pacific Investment Management Co. calling Indian notes the “preferred” local-currency securities in
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