Australian govt partners with Tata Group for $1.5 mn prize
The Dollar Business Bureau The Australian government has entered into partnership with Indian multinational conglomerate Tata Group and US-based non-profit organisation XPRIZE for running a $1.5 million global challenge on 'Water Abundance Prize' for innovators who bring new ideas for using energy-efficient technology for harvesting water from air. The challenge is open to innovators, creative thinkers, engineers, entrepreneurs, academics and scientists with innovative ideas to showcase the use of technology for improving access to affordable clean water in areas of high humidity where the water is either inaccessible or unavailable. “Julie Bishop, Foreign Minister of Australia encouraged the innovators all over the world to take on this Challenge when she visited the headquarters of XPRIZE, a non-profit organisation which is specialised in encouraging technological improvements to ...
Australia expresses hope of securing FTA with India
The Australian governments target is to encourage innovationsin few areas including feed for aquaculture, new ocean products and sustainable designs The Dollar Business Bureau The Australian governments target is to encourage innovations in feed for aquaculture, new ocean products and sustainable designs Australia has expressed hope of securing a Free Trade Agreementwith India. For a long time now, the fate of the proposed FTA has been in the back burner owing to technical issues. But this time, its expected that both sideswould work out their differencesfor the mutual benefit of increased trade between the two countries. As of now, the trade between India and Australia stood at $18 billion as both nations are characterised by a strong enterprises sector. The proposed agreement is ...