Blockchain can give vital insights to streamline the domestic movement of EXIM cargo with the use of a smart contract enabling greater trust and transparency. A smart contract can be tailored to encode EXIM-related requirements including those of arrival and departure manifests to activate in advance the domestic players. Image...
Dr Sunitha Raju, Professor at Indian Institute of Foreign trade feels that the upcoming Foreign Trade Policy should address structural constraints of India’s huge informal sector. Also, it should prepare exporters for quantum shifts in the global trade environment towards sustainable development goals, rising non-tariff measures as well as technologies...
Unmish Parthasarathi, the Founder of Singapore-based growth practice Picture Board Partners, believes that the fragmentation of attention to content requires us to adopt remote production technologies for story-telling and a smarter use of data to redefine & revive commercial models. IBT: How has viewership evolved across the sports, gaming and...
Even as automation is expected to improve productivity by 0.8%-1.4% annually, it could have little impact on jobs in the immediate future. But it’s important for employees to acquire essential skills and equip themselves to work with new technologies. • The COVID-19 induced collapse in production activity at the heart...
The Indian bulk liquid storage and logistics industry needs to ramp up capacities, improve customer-centricity and fast-track deployment of new technologies to cater to prospects of growing demand in end-user industries. The bulk liquid storage industry provides vital support to diverse industries including crude oil LNG, POL products, bulk chemicals...
Kathryn Clay, President, International Liquid Terminals Association, affirms that COVID-19-led drop in fuel demand has put liquid terminals firmly in the spotlight. Furthermore, the terminal business is headed for a major transformation with the increased application of digitization and automation. Many experts say the key to successfully coping – or...
Timothy Jackson, Director of The British School of Fashion at Glasgow Caledonian University in London, opines that many luxury brands have recognised that the old elitism associated with luxury is not socially relevant now and instead are focused on demonstrating a values-driven philosophy. These values are now centred around sustainability,...
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