Nandan Nilekani shares insights on Aadhaar & UPI; India's content creation market to reach over $24B by 2028; Why is world fearful of a recession?
No jeweller can sell gold without hallmark after March 31
The Union Government has mandated that all gold jewellery and artefacts sold after 31st March will have to carry a Hallmark Unique Identification Number (HUID). To tide over teething problems for businesses in complying with the order, the government will give 80 percent concession in marking fee for micro units across different products and an additional 10 percent concession to all units in the North East.
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Anil Agarwal, the chairman of $30-billion Vedanta Group said he is more confident about making #bondpayments as the company has enough internal accruals to take care of it.
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Why is the world more fearful of a recession now?
A #recession is coming. The world had made peace with that last year, but why does the current panic seem so fresh? Is it because the global economic downturn will be far worse than anticipated in 2022? Where is this fear stemming from?
Despite raising interest rates to 4.5 percent in this cycle, the US central bank is clearly struggling to battle high #inflation which indicates that the Fed may have to keep going higher before taking its pedal off the accelerator.
The search for meaning in the era of social madness
If you haven't seen the #Oscar-nominated movie, Everything, Everywhere, All At Once, there?are spoilers ahead. In the last 20-odd years, one of the big questions facing a teen, or a?young adult, has gone from “what we could be” to “what ALL we could be”.
The increase in possibilities has not improved our odds of “success” as individuals, there are just so many more things that we could “fail” at while we attempt to “win” at everything we try to be.
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Airbnb cuts 30 percent recruiting staff despite a profitable 2022
Home rental and hospitality company Airbnb has reportedly laid off 30 percent of its recruiting staff this week. The decision is speculated to be an indication of more widespread layoffs despite the company reporting its first profitable year in 2022, with a net income of $1.9 billion. The decision to lay off staff affected less than 0.4 percent of the San Francisco-based company's total workforce of about 6,800, according to?Bloomberg.
Time to get 'real' and focus on workers' well-being
"From work from home to work from office to work for somebody else and all this after all the employee interaction activities to keep employees happy. For that you need employees. They should have focused on keeping employees," so said social media #comedian Aiyyo Shraddha in a viral video on the recent layoffs in the tech industry.
In light of the perennially tight labour market, the loss of human connection in the workplace is a cause for concern. Many reports have suggested that employees do not feel connected to, valued by, or valued by their co-workers on a real level. To get that elusive sense of being seen, heard, and valued, employees are becoming more open to searching in other places.
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#holi2023: Take advantage of these festive discounts to buy iPhone 14 and MacBook Air
Ahead of Holi celebrations, major brands have rolled out special sales. Retail giants such as Amazon and Flipkart have announced their highly anticipated Holi sales for 2023, providing customers with an ideal opportunity to shop.
Those keen on buying the latest iPhone models can avail of attractive discounts during this sale season. Additionally, a wide range of affordable smartphones, wearables, and other electronic gadgets can be bought at a discounted price.
Move over Netflix, Prime Video, Hotstar! Regional OTT platforms are new favourites among Indian consumers
India has 121 languages and 19,500 dialects and Hindi is just one of them. While Hindi and English currently dominate content among streaming platforms in India, regional platforms and OTT apps are springing up, targeting audiences looking for content in their local languages.
Allu Arvind, Promoter of Aha, an Indian OTT platform that offers content in Telugu and Tamil, says, “Be it entertainment, be it food, or anything —?local is going to have its own importance. People never forget the local taste of language, food, and other ethnic values.”
Nandan Nilekani shares insights on Aadhaar, UPI, ONDC
During the Bharat Inclusion Summit in Bangalore, 印孚瑟斯 Co-Founder and Non-Executive Chairman Nandan Nilekani highlighted the importance of getting the product market fit, pricing, and business model right for enterprises to succeed in the digital era. He also discussed the significance of Aadhaar and UPI, two major #digital initiatives in India.
Nilekani shared that Aadhaar, the world's largest biometric ID system, was introduced in 2009 and reached a billion users in 2016. Similarly, UPI (Unified Payments Interface) was conceived in 2013 and now processes 300 million transactions per day.
India's online content creation market to reach over $24 billion by 2028
India's online #contentcreation market gains huge traction courtesy the rise of digital technology and streaming platforms, it has become an intensely lucrative business. The #digitalmarketing landscape reached a value of close to $4.5 billion in 2022. The industry is growing at a compounded annual growth rate of more than 32 percent and is estimated to reach a value of over $24 billion by 2028.
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Faiz Usmani Quality Control Engineer
2 年He is father of digital India Mr.Nandan Nilekani who’s developed Aadhar