Hyundai aims to tap rising demand for aspirational models in rural areas

1 month ago Deccan Herald

Hyundai Motor India is looking to tap growth opportunities in the rural areas with rise in demand for aspirational products like sports utility vehicles and feature-rich models, according to company's Chief Operating Officer Tarun Garg. The automaker's sales outlets in the rural areas have crossed the 600-mark already and it has also increased its manpower to over 5,000 people in such places. Hyundai's sales in the rural areas has crossed the one lakh-mark last year. Also Read | Hyundai Motor India vehicle sales rise 16% to 62,276 units in January"Almost 18 per cent of our sales are now coming from rural areas. We now also have 100 mobile service vans in the rural areas," Garg told PTI in an interaction.
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Explained | Pakistan dropped off FATF grey list: What does it mean?

Black List: The countries that FATF deems as non-cooperative in the fight against money laundering and terrorist funding fall under this list. Read | Engagement with FATF led to improvements in laws and procedures, says Pakistan after removal from grey listWhy did Pakistan enter the grey list? In 2018, Pakistan was declared as an addition to the FATF ‘grey list’ which meant increased monitoring for the country. Apart from 2018, Pakistan was on the grey list in the year 2008 as well as between 2012-2015. On Friday, October 21, FATF issued that Pakistan “has been removed from the FATF’s Jurisdictions under Increased Monitoring list, often referred to as the grey list.”Pakistan and Nicaragua have been removed from the FATF’s Jurisdictions under Increased Monitoring list, often referred to as the 'grey list'.

5 months ago Deccan Herald

Geoengineering could invite unrest

Nuclear power plants relying on river water to cool down are closed down in France. Geoengineering research is leading to debates to employ technology to alter the climate system and slow down the warming of the planet. Solar radiation is absorbed by ‘cirrus clouds’, which in turn warms the earth. Carbon dioxide removal technology is the removal of carbon from the atmosphere by deploying machines or even by large-scale greening of the planet by planting trees of native species. It has the potential to reflect solar radiation back into space, which brings cooling to the earth.

5 months ago Deccan Herald

What is Mastodon? An expert explains how the ‘federated’ network works and why it won’t be a new Twitter

Like Twitter, Mastodon allows users to post, follow people and organizations, and like and repost others’ posts. Mastodon servers are based on open-source software developed by German nonprofit Mastodon gGmbH. The interconnected Mastodon servers, along with other servers that can “talk” to Mastodon servers, are collectively dubbed the “fediverse". In contrast, social media platforms like Twitter and Facebook put everyone in a single, gigantic dorm. There are a few factors that should put Mastodon servers under strong pressure to actively and responsibly moderate the behaviour of their members.

4 months ago Deccan Herald

Anger over China's zero-Covid policy after deadly Xinjiang fire

A deadly fire in China's northwest Xinjiang region has spurred an outpouring of anger at the country's zero-Covid policy, as Beijing fights growing public fatigue over its hardline approach to containing the coronavirus. Online posts circulating on both Chinese and overseas social media platforms since Friday have claimed that lengthy Covid lockdowns in the city hampered rescue attempts. Some videos appeared to show crowds of people taking to the streets of Urumqi to protest against the measures. China is the last major economy wedded to a zero-Covid strategy, with authorities wielding snap lockdowns, lengthy quarantines and mass testing to snuff out new outbreaks as they emerge. Covid controls have confined some communities in Urumqi -- a city of four million people -- to their homes for weeks on end.

3 months ago Deccan Herald

Messi brings Argentina to life, but can he match Maradona?

Lionel Messi drew level with Diego Maradona's number of World Cup goals and appearances on Saturday, but the current No. "Today, Argentina's World Cup begins," a relieved Messi said afterwards. Also read | Messi magic guides relieved Argentina past feisty MexicoArgentines have often found it harder to love Messi than Maradona given his departure to Spain as a boy, his more introverted demeanour and, of course, his lack of a World Cup. One showed the great Maradona, who died two years ago aged 60, beaming down on Messi from heaven. The other showed the two of them walking into the sunset, each holding a World Cup.

3 months ago Deccan Herald

War, sanctions threaten to thrust Russia’s economy back in time

Valery Volodin, a welder at a sprawling Volkswagen plant in western Russia, relaxed for most of the summer at his dacha, or weekend house, planting his garden and looking after his children. More than nine months after the invasion, neither the war effort nor the economy has collapsed, and the economic pain is still limited for many Russians. But the impact of what some have described as the most coordinated and deepest economic sanctions in modern history is evident in communities across Russia — and the worst may be yet to come. Russia’s government was better prepared to withstand the sanctions than many in the West expected. It seemed as if a new, modern business model was being constructed step by step in the region, a hint of how Russia’s economy might evolve.

3 months ago Deccan Herald

Demand for food is recession-proof: Amul's R S Sodhi

Though it managed to hold the prices of milk and butter steady, a rise in its ghee prices is imminent. Dairy constitutes 20-21% of the food market and it is growing. Given our large share in the butter and ghee markets, we’ve had to work around it. When that rises, it impact the prices of milk, butter and ghee. The three conditions to sustain in the food market for a long term are- taste, nutrition and affordability, vegan food fails to meet these conditions.

2 months ago Deccan Herald

Ukraine soldiers take English lessons to make most of US aid

But that has become her new reality as Ukrainian soldiers scramble to learn English -- military terms especially -- so they can make the most of combat aid from Washington and elsewhere against Russian forces. Nearly all Ukrainian soldiers had at least some English instruction in school, but it was not always useful -- especially for the older ones. As they work towards ultimately mastering English, Chekryzhova's students told AFP they drew some inspiration from Zelenskyy's journey with the language. That progress came in handy on Wednesday when Zelensky addressed the US Congress in English, declaring that "Ukraine is alive and kicking" while appealing for more aid. Yet while individual students have made similar strides, Chekryzhova told AFP she is struggling to scale up her programme to reach even more.

2 months ago Deccan Herald

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