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The country’s transport minister addressed the issue in a statement today As self-driving cars are being tested everywhere from the  US  to  South Korea ,  Germany  to  Australia , reports today make it clear that it won't be happening in India. The country's transport and highways minister, Nitin Gadkari  told reporters today , "We won't allow driverless cars in India. I am very clear on this." The statement wasn't a reflection of safety concerns. Rather, the minister's rejection of self-driving vehicles is about the jobs they would take away from drivers in the country. "We won't allow any technology that takes away jobs. In a country where you have unemployment, you can't have a technology that ends up taking people's jobs," said Gadkari. He went on to say that while India was indeed short about 22,000 commercial drivers, the government was working on opening a number of training facilities across the country in order to get 5...

After buying up digital currency transfer company PayCash, Daimler has signaled it may use digital currency to build up its presence in Africa. DAIMLER: ‘CLEAR SIGNAL OF FURTHER AFRICAN GROWTH’ The continent is providing huge demand for transport networks, yet businesses are continually faced with financing problems, the vehicle giant  told  industry magazine Autconomy this week. “We are already present in over 30 marketplaces in Africa and are still expanding both our product range and our service operations network,” said a spokesperson. “This is a clear signal that we expect further growth in Africa.” The scale of under access to financing means in developing economies is staggering. Two billion individuals and 200 million companies lack suitable support, Autconomy says, giving a clear advantage to digital currency-based alternatives, which businesses can use to cut out hungry middlemen. When Daimler  quietly purchased  Luxemburg-based digital cu...