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<ul><li>US President <keyword id="6354484" type="PERSON" weightage="20" keywordseo="Donald-Trump">Donald Trump</keyword>, during his visit to India, met the country’s biggest business tycoons. </li><li>He met Asia’s richest man <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, who spoke to him about the 5G roll out. </li><li>Ambani told Trump that Reliance is the only network in the world that doesn’t have a Chinese component.</li></ul>During his 36-hour visit to India, US President Donald Trump met the country’s business tycoons including Asia’s richest man Mukesh Ambani. According to the transcripts released by the <a href="https://www.whitehouse.gov/briefings-statements/remarks-president-trump-business-roundtable-new-delhi-india/">White House</a>, while interacting with the President, Ambani told him that the US played a role in transforming Indian telecom sector – especially 4G. To this, Trump asked him if he was going for 5G as well. As Mukesh Ambani said, “We’re going to do 5G. We’re the only network in the world that doesn’t have –”, Trump cut him to say “Huawei”, only for Ambani to add, “doesn’t have a single Chinese component.” To this Trump replied with a laugh, “Well, that’s good. Good. Put a bid in.” <keyword id="6357456" type="ORGANIZATION" weightage="20" keywordseo="huawei">Huawei</keyword> and China seem to be on top of Trump’s mind, even as he visited India and heaped praises on Modi, who also returned the favour. Yet, a trade deal was never signed though Trump promised <a href="http://deal">an incredible deal in the works.</a> The conversation with Ambani could be far reaching as the US government banned Huawei from rolling out 5G in the country last year, as it believed the equipment could support Chinese espionage. It put Huawei and its subsidiary in the Entity List – the blacklist which made sure the companies can’t do business in the US. Moreso, the US had tried to arm-twist India into doing the same. However, India allowed all network equipment makers, including Huawei to participate in its 5G trials. “5G trials will be done with all vendors and operators,” telecom minister Ravi Shankar Prasad <a href="https://economictimes.indiatimes.com/industry/telecom/telecom-news/govt-will-give-5g-spectrum-for-trials-to-all-players-prasad/articleshow/73033442.cms">had said </a>in December 2019. This is one part of the many issues that resulted in a standoff between US and China. Meanwhile, Google has<a href="https://www.theregister.co.uk/2020/02/26/huawei_google_embargo_exemption_plea/"> reportedly</a> requested the US government to let Huawei use its mobile services, in the fear that the Chinese tech giant is set out to build its own play store. As the world is relatively new to 5G technology, few equipment makers possess the networking expertise. Taking Huawei out of the equation could affect the competition in the sector. While India has been preparing itself for 5G, it is yet to come up with a schedule to auction the airwaves amidst many issues - including the spectrum dues crisis in the sector. Reliance Jio however has been very keen on upgrading to the next-gen technology, and is weaving a strategy around it. "Currently, Jio is best poised as their network is 5G ready," Arijeet Talapatra, chief executive of Transsion India told <a href="https://telecom.economictimes.indiatimes.com/news/reliance-jio-best-poised-to-launch-affordable-5g-phones-transsion/73548541">ET telecom</a>. See Also: <a href="https://www.businessinsider.in/tech/mobile/news/india-to-have-966-million-mobile-users-by-2023-but-less-than-5-will-have-5g-report/articleshow/74202680.cms">India to have 966 million mobile users by 2023 but less than 5% will have 5G: report</a>

Mukesh Ambani and Donald Trump had a good laugh about 5G, China and Huawei

<ul><li><keyword id="830092" type="COMPANY" weightage="20" keywordseo="Zomato">Zomato</keyword> has launched a video section on its platform, which will have 18 original shows. </li><li>Starting Monday, the platform is going to offer viewers and foodies original shows, recipes and more with over 2,000 videos.</li><li>This makes the <keyword id="2955508" type="PERSON" weightage="20" keywordseo="food-aggregator">food aggregator</keyword> unicorn the latest one to join the Indian OTT race. </li></ul>Zomato knows you order food from the app while binge-watching stuff on Netflix, Amazon Prime, Hotstar etc. But the food aggregator doesn’t want you to leave its app. So it has launched its own video platform and original shows. Through the video section on the Zomato app, the platform is going to offer original shows, recipes, and more with over 2,000 videos. It's launching 18 original shows, each of which will have episodes ranging between 3 to 15 minutes. The shows have been shot on a vertical frame making way for mobile-easy viewing. These videos will range between comedy, reality, fiction, advice, celebrity interviews and will explore food in unique, engaging and entertaining videos, Zomato said in a statement. The released trailer shows content from star Chef Sanjeev Kapoor, comedians like Sumukhi Suresh and Sahil Shah and a cooking show with Bollywood stars which will be hosted by Janice Sequiera. The Indian OTT space has been buzzing with new entrants and mergers. Recently, e-commerce giant Flipkart announced its entry into the video content war, which in India is currently led by the likes of Netflix, Amazon Prime Video and Hotstar. Smaller players like AltBalaji and Zee5 had announced a partnership to produce content together. Meanwhile, Zomato’s entry into the video space comes at a time when its food vertical has been in the eye of multiple controversies thanks to its discounting features like Zomato Gold and Infinity Dining.The National Restaurant Association of India (NRAI) launched a ‘logout’ movement last week claiming that the business practices of aggregators are unethical. Now, Zomato has put a ‘pause’ on its infinity dining feature.

Zomato launches its own video platform with original shows

<ul><li>Of the total income generated in the economy, only a third went to labour. The balance went to capital and the owners of the capital </li><li>The divide is worse with those engaged in farming as its labour received 15.3% of the total income from it </li><li>Household maids and other hands are amongst the worst affected as they recorded the slowest wage growth. </li><li>Private sector corporations are also keeping the wealth amidst the owners, as only 31.2% of its income went in wages. </li></ul> Karl Marx has famously said, Man himself is mutually of no value. In India, the fruits of people’s labour is also proving to be of less value. Of the total income generated in the economy, only a third went to labour. The balance went to capital and the owners of the capital, according to a study between 2011 to 2017 conducted by India Ratings and Research. This confirms the rising inequality in India, as the fortune of <keyword id="390386" type="PERSON" weightage="20" keywordseo="Indian-billionaires">Indian billionaires</keyword> went up by ₹22 billion a day in 2018. As a result, the top 1% got richer by 39%, according to <a href="https://timesofindia.indiatimes.com/business/india-business/indias-richest-1-get-richer-by-39-in-2018-just-3-rise-for-bottom-half-oxfam/articleshow/67618069.cms">an Oxfam study</a>. 
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 This could be a contentious issue that Finance Minister Nirmala Sitharaman may keep in her mind ahead of her first Union Budget presentation on July 5, 2019. World over, billionaires like<a href="https://www.businessinsider.in/billionaires-from-george-soros-to-abigail-disney-are-begging-to-be-taxed-more/articleshow/69931447.cms"> George Soros and Abigail Disney</a> are asking governments to tax them, to bridge the chasm between rich and poor. While no such distress call has come from 119 Indian billionaires, the Prime Minister Narendra Modi who has spoken of ‘removing poverty’ during the election campaign might have a chance to proceed this month. Farm hands work towards poverty The worst affected of this income gulf are the over 144 million people working on farms. As per the report, the divide is even worse in agriculture as its labour received 15.3% of the total income, while a staggering 84.7% went to owners! Agriculture is one of the largest employers in the country. The annual average wage of an agricultural worker is ₹21,060 per annum “This is even lower than the official poverty line. Cultivators are relatively better-off than agricultural labourers, with an average annual income of ₹141,500,” India Ratings said. Not helping The Help Also, it isn’t just landowners and corporations who are taking income away from workers. Households too are contributing to this. Household maids and other help are amongst the worst affected as they recorded the slowest wage growth. And, their salaries are low to start with. Homes and other unorganised workers are worse paid, and due to their large numbers affect the widening income gap. “The plight of wage earners in unorganized and unregistered enterprises, who account for 44.5% of the income in the economy but receive only 26.4% of the total wages, is quite similar to that of agricultural wage earners,” the report said. Private sector wage growth was the fastest as it grew 16% in the five financial years ending March 2017. But private sector corporations are also keeping the wealth amidst the owners, as only 31.2% of its income went in wages. Interestingly, this exact percentage at 32% is what public sector kept for owners, while giving 68% to its employees ---proving to be better distributors of their wealth!

In India, money is making money while the worker is left with a third-- explaining the gaping income inequality in the world’s fastest growing economy

<a href="https://twitter.com/iittssaavv/status/847884490009702400">iittssaavv</a>A Twitter user is going after Blue Buffalo after she says that the company's contaminated dog food allegedly made her two pets ill - one fatally so. "PSA: This @bluebuffalo bag of dog food has mold at the bottom which could've KILLED my dogs!" <a href="https://twitter.com/iittssaavv/status/847884490009702400">Twitter user iittssaavv wrote on Twitter </a>in late March. "Spread the word to any blue buffalo users!!!"On Tuesday, she posted an update: one of the dogs had died a few days ago from a heart attack and the other dog is experiencing liver failure."This will NOT go unnoticed," iittssaavv wrote. Blue Buffalo responded to the original tweet <a href="https://twitter.com/bluebuffalo/status/847890358323355648">apologizing</a>, and said that its customer service team would like to learn more about the incident. The company did not respond to Business Insider's request for comment. The tweets have since gone viral, with the original tweet being retweeted more than 5,000 times. The report of moldy dog food comes on the heels of a<a href="https://www.dogfoodadvisor.com/dog-food-recall/blue-buffalo-dog-food-recall-event-number-2-march-2017/"> voluntary Blue Buffalo recall </a>of its Wilderness Rocky Mountain Recipe Red Meat Dinner Wet Food, due to the meal containing elevated levels of naturally occurring beef thyroid hormone. And, last March, the company recalled a batch of dry dog food <a href="http://www.seattletimes.com/life/pets/blue-buffalo-recalls-batch-of-dog-food/">due to mold concerns. </a>However, it's unlikely that Blue Buffalo will be found legally liable for the mold. Pet owners are instructed to store dog food in a air-tight container, not the bag, to avoid mold. Further, it's possible that the grocery or pet store improperly stored the bag, meaning that the retailer, not Blue Buffalo, would be at fault. Typically, when pet owners accuse dog food companies of poisoning their dogs with mold, it needs to be taken with a grain of salt. Often, owners are quick to blame dog food on any pet's illness, simply because pet food is the one constant in their dogs' lives. "People and pets eat every day," Julie Churchill, a veterinary nutritionist, <a href="http://www.popsci.com/are-dogs-really-getting-sick-because-beneful">told Popular Science in 2015. </a>"Whenever something goes awry, it's really human nature to look to the food."However, ingesting mold can be fatal for dogs. <a href="http://www.whole-dog-journal.com/issues/3_9/features/5121-1.html">According to Whole Dog Journal, </a>some dogs will be unaffected by injesting eating mold, while other dogs who are allergic to molds may have a dangerous allergic response <h3>NOW WATCH: <a href="http://www.businessinsider.com/kosher-passover-coca-cola-bottles-yellow-cap-bottle-soda-retail-food-drink-jewish-jews-2017-4">Here's why some Coca-Cola bottles have a yellow cap</a></h3> Please enable Javascript to watch this video

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