Abhijit Banerjee, Nobel laureate and eminent economist, revealed what he would like to see in India's Union Budget, set to be presented in February 2021 amid the devastation caused by the Covid-19 pandemic. Speaking on Day 7 of the Hindustan Times Leadership Summit 2020, Banerjee said that the government must make announcements with high visibility, like infrastructure projects. The Ford Foundation International Professor of Economics at the Massachusetts of Technology said that measures like bank bail-outs, although important, fail to 'excite' people. Watch the full video for more.
Credit: HT Digital Content Duration: 02:19Published
Abhijit Banerjee, Nobel laureate and eminent economist, commented on the ongoing farmer protests in India. Speaking at the 18th edition of the Hindustan Times Leadership Summit, Banerjee blamed lack of trust between farmers and the government for the current situation. The Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology explained that farmers were acting out of suspicion of the government's motives. Watch the full video for more.
Credit: HT Digital Content Duration: 09:32Published
American multinational technology company, Apple has reportedly started work on a foldable phone, for which it has begun prototyping foldable screens. Though a final device might be a faraway reality, Apple is working on just the display for now. According to The Verge, the initial prototypes sound similar to the foldable screens we've seen used by Samsung, Motorola, and others. Apple is looking at making foldable screens with a "mostly invisible hinge" that could unfold to around the size of the iPhone 12 Pro Max. Though the company rarely signals its interest before entering a new product category, Apple hasn't yet publicly indicated any interest in making a foldable phone. Its Major competitors have a head start on foldable devices, with Samsung and Motorola already releasing multiple generations of folding phones. Samsung's Galaxy Fold came out in April 2019. Other than this as per The Verge, Apple's long-rumoured Tile competitor, AirTags, are finally planned to launch this year, Bloomberg reports, and the iPad Pro could be refreshed with a Mini LED display. A thinner entry-level iPad is reportedly in the works as well.
Social media platform Parler, which has gone dark after being cut off by major service providers that accused the app of failing to police violent content, may never get back online, said its CEO John Matze. Bryan Wood reports.
YouTube said on Tuesday it has suspended Donald Trump's channel as it violated policies for inciting violence after last week's assault on the U.S. Capitol by the president's supporters. Gloria Tso reports.
As per the data released by Ministry of Health and Family Welfare (MoHFW), India on January 18 reported single-day spike of 13,788 new coronavirus cases in the last 24 hours. 145 deaths in the same period pushed the COVID-19 toll in the country to 1,52,419. India's confirmed cases of coronavirus stand at 1,05,71,773 which include 2,08,012 active infections. More than 1,02,11,342 people have recovered from the virus with 14,457 new discharges in last 24 hours. According to Indian Council of Medical Research (ICMR), a total of 5,48,168 samples were tested on January 17. Cumulative samples tested for COVID-19 till January 17 are 18,70,93,036.
Rock producer Phil Spector, who changed the sound of pop music in the 1960s with his "Wall of Sound" recordings and was convicted of murder for the 2003 murder of a Hollywood actress, has died at age 81 of COVID-19, according to authorities and media reports. This report produced by Yahaira Jacquez.