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India posts world’s fastest growth in intangible investments, touches $78.2 billion: Piyush Goyal cites WIPO report – Economy News

India has emerged as the fastest-growing major economy in intangible investments, with spending on assets such as software, research and development (R&D), intellectual property and organisational capabilities reaching $78.2 billion (around Rs 6.7 lakh crore) in 2023, according to the World Intangible Investment Report 2026. Highlighting the report’s findings, Union Commerce and Industry Minister Piyush Goyal said India is steadily strengthening its position as a global innovation hub, driven by investments in knowledge-based assets that are shaping the economy of the future. India tops growth among world’s 15 largest economies...
USA Property

County manager recommends property tax hike in wake of Helene

Aerial video along the Swannanoa River reveals the wrath of Tropical Storm HeleneAerial video along the Swannanoa River between Black Mountain and Asheville reveals the devastation of Tropical Storm Helene.Buncombe County’s proposed budget for fiscal year 2026 includes a 3.26-cent property tax increase to offset revenue shortfalls in the aftermath of Tropical Storm Helene.The budget prioritizes essential services, including $122 million for education, though still short requests from Asheville City Schools and Buncombe County Schools.ASHEVILLE – Described as a “break-even budget” focused on essential government services and recovery in the...
Upcoming Investments

Amazon unveils $8 billion investment in AI as future growth strategy

Greg Bensinger and Deborah Mary Sophia  |  ReutersAmazon Alexa now wants you to go hands-free in a carColumnist Marc Saltzman reviews one of the hands-free driving options, Alexa in a car.Marc Saltzman, Special for USA TODAYAmazon AMZN.O chief executive Andy Jassy on Thursday justified the company's billions of dollars in outlays for artificial intelligence development, saying the investment was necessary to remain competitive."If your mission is to make customers' lives better and easier every day, and you believe every customer experience will be reinvented by AI, you're going to invest deeply and...
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