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Oil tumbles as recession fears intensifies
The threat of a recession in the euro zone is a clearer risk now relative to before. The euro dropped by almost 1.8% against the dollar to $1.0236, its weakest level since December 2002. It was last down 1.48% against the dollar. Oil futures sank along with natural gas, gasoline and equities, which often serve as a demand indicator for crude.
If people are concerned there's going to be a slowdown and put their money in the safest place and cut back on unnecessary spending, it can become a self-fulfilling prophecy. Experts say, some investors were betting that falling gas prices could give shoppers more money to spend and if a recession does hit, and takes a significant bite out of energy demand, more wild swings to the downside could be in store.
Investment bank Goldman Sachs said the oil sell-off was driven by growing recession fears. The euro tumbled to a two-decade low as data showed business growth across the euro zone slowed further last month, with forward-looking indicators suggesting the region could slip into decline this quarter as the cost-of-living crisis keeps consumers wary. In South Korea, inflation hit a near 24-year high in June, adding to concerns about slowing economic growth and oil demand. A stronger U.S. dollar makes oil more expensive for holders of other currencies, which can curb demand.
In China, the world's biggest oil importer, the market worried that new COVID-19 lockdowns could cut demand. At the same time, China's crude oil imports from Russia, meanwhile, soared 55% from a year earlier to a record level in May. Russia displaced Saudi Arabia as the top supplier as refiners cashed in on discounted supplies amid sanctions on Moscow over its invasion of Ukraine.
At the same time, President Vladimir Putin said that Russia was in the process of rerouting its trade and oil exports towards countries from the BRICS group (countries comprising Brazil, Russia, India, China and South Africa) of emBy VARINDIA| 35 views
AI witnessed to reach an inflection point
#AItechnology has loomed over the horizon and it is here to stay. When someone thinks about the history of computing, we have always been trying to reduce the complexity of our ideas in order to communicate them to a machine and Silicon Valley has been pretty influential in how the algorithmic web we know today was born. But will it also be crucial in how A.I. businesses evolve in the future of technology?
Even when we write a search query, we’re simplifying, we’re reducing or we’re writing in shorthand so that the search engine can understand what we want. The year 2023 is going to be the year that we will expect acceleration of real-world use of AI and machine learning and there will be an even broader range of acceleration chips entering the market and a correlating increase in performance and efficiency.
There is a need to make it simpler to share data between clouds so that training and inferencing activity can be distributed. In fact, it is estimated that by 2025, 88% of servers for AI workloads deployed at the edge will be used for inferencing and the distribution of not just data, but also the AI/ML processing of that data is already underway.
Organizations that ride the second wave of AI will see a distinct competitive advantage as AI becomes able to better perceive, learn and reason – and give developers and data scientists more freedom to deliver applications and outcomes.
Organizations can enhance productivity and efficiency, lower power requirements, and accelerate multi cloud and edge strategies. As the industry matures, AI will also become more democratized as open-source AI becomes prevalent and accessible to larger communities.
AI technology is at an emerging and evolving juncture. India, a growing economy and the second-most populous nation, has a tremendous opportunity to carve its need-specific and robust AI ecosystem. AI can be used both for harnessing information and knowledge and in turn improvingBy VARINDIA| 4 views
Golden time for the e-commerce growth with shopping spree beginning
#RBI #RelianceCapital #Cryptocurrency
Festivities brings a golden field of opportunities e-com biz
The holiday and wedding season is one of the most rewarding times for e-commerce owners in terms of increasing overall sales. With dedicated budgets for gifting their loved ones during festivities, people are always on the lookout for great deals and offers, to go easy on their pockets. With the change in buying behaviour of customers due to the pandemic, people have become more comfortable making purchases online. Many find it more convenient to shop online because of the expansive range of products that are delivered at home with a single click. Since the enforcement of lockdowns from March 2020, e-commerce spending has grown beyond expectations. The Indian e-retail market is ready to reach 300 to 350 million shoppers over the next four years, driving the online Gross Merchandise Value to 100 to 120 billion dollars by 2025. With the pandemic transforming business forever, there is a large focus on experience-driven e-commerce as consumers are placing a lot of their attention online, especially during festivities. It has now become essential for offline retailers and new e-tailers to begin planning right away by improving their online presence and website experiences to increase conversion rates during festive days. As per GoDaddy’s report, Technology being the backbone of e-commerce, not only helps in effective customer service management, but can also enhance search, customization, and personalization, which are crucial for the success of e-commerce today. Here are a few tips on how to use technology to help boost your online business sales this holiday season. Keeping in mind customers’ behaviour change and preference for digital, businesses are progressively opening online stores to sell their products and services. Tier 1 cities and metros are no longer the dominant focus of e-commerce, with people from smaller cities and towns increasingly comiBy VARINDIA| 18 views
Digitization becomes a process; whereas platforms are the future
Digitization becomes a process; whereas platforms are the future
Digitization becomes a process; whereas platforms are the futureBy VARINDIA| 17 views
Congress party आज मानसिक दिवालियेपन से ग्रसित है | JP Nadda | Congess | JP Nadda Speech | BJYM
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Congress party आज मानसिक दिवालियेपन से ग्रसित है | JP Nadda | Congess | JP Nadda Speech | BJYM
राहुल गांधी ने प्रजातंत्र की हर मर्यादा लांघ दी है। कांग्रेस पार्टी आज मानसिक दिवालियेपन से ग्रसित है।
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Congress party आज मानसिक दिवालियेपन से ग्रसित है | JP Nadda | Congess | JP Nadda Speech | BJYMBy Bharatiya Janata Party Delhi| 21 views
రుణాలు తీర్చలేని పరిస్థితిలో ఉన్నారా ..? ఈ వీడియో మీకోసమే | Insolvency | BankLoans | Top telugu TV
రుణాలు తీర్చలేని పరిస్థితిలో ఉన్నారా ..? ఈ వీడియో మీకోసమే | Insolvency | BankLoans | Top telugu TV
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రుణాలు తీర్చలేని పరిస్థితిలో ఉన్నారా ..? ఈ వీడియో మీకోసమే | Insolvency | BankLoans | Top telugu TVBy Top Telugu TV| 161 views
AGR Hit || क्यों आया Telecom Sector में भूचाल? || Vodafone-Idea file for bankruptcy!
Telecom sector के इतिहास का सबसे बड़ा घाटा। घाटे की वजह बना Adjusted Gross Revenue (AGR) की नई परिभाषा। Vodafone-Idea को हुआ 50,921 करोड़ रुपये का घाटा। Airtel ने भी दिखाया 23,044 करोड़ रुपये का नुक्सान।दिवालिया हो सकती है Vodafone-Idea. #AGR #Vodafone #Airtel
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Watch AGR Hit || क्यों आया Telecom Sector में भूचाल? || Vodafone-Idea file for bankruptcy! With HD QualityBy PunjabKesari TV| 2745 views
Jet Airways in NCLT: What's in store for investors?
Jet Airways’ lenders, led by State Bank of India, gave up on efforts to revive the airline that has been grounded for two months. The lenders have started bankruptcy proceedings. Anirban Chowdhury explains what’s in store for the airline as it goes through the bankruptcy proceedings and how does the future looks like. Watch
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Watch Jet Airways in NCLT: What's in store for investors? With HD QualityBy The Economic Times| 218 views
SC scraps Feb 12 RBI circular on bad loans- Impact and analysis | Economic Times
In a move that may change the very basics of the India's bankruptcy regime, the Supreme Court Tuesday declared RBI's momentous circular on defaulting companies as unconstitutional. The circular in question sought to deal with resolution of stressed assets by way of a revised framework. Commonly referred to as the February 12, 2018 circular, it had forced seriously stressed companies to come clean and declare bankruptcy. Tune in as ET's Joel Rebello brings you all the details. (Text: ET Online)
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Watch SC scraps Feb 12 RBI circular on bad loans- Impact and analysis | Economic Times With HD QualityBy The Economic Times| 911 views
Naresh Goyal says he is ready to invest Rs 700 crore in Jet Airways, but with conditions
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Jet Airways Chairman Naresh Goyal has offered to invest up to Rs 700 crore in the crisis-hit airline as well as pledge all his shares on the condition that his stake does not fall below 25 per cent, according to a letter.By The Economic Times| 7423 views
Shri Mahesh Poddar on The Insolvency and Bankruptcy Code Second Amendment Bill, 2018
Shri Mahesh Poddar on The Insolvency and Bankruptcy Code Second Amendment Bill, 2018 in Rajya Sabha : 10.08.2018
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Watch Shri Mahesh Poddar on The Insolvency and Bankruptcy Code Second Amendment Bill, 2018 With HD QualityBy Bharatiya Janata Party Delhi| 696 views
Shri Piyush Goyal introducing The Insolvency and Bankruptcy Code (2nd Amendment) Bill, 2018
Shri Piyush Goyal introducing The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018 in Lok Saha : 31.07.2018
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Watch Shri Piyush Goyal introducing The Insolvency and Bankruptcy Code (2nd Amendment) Bill, 2018 With HD QualityBy Bharatiya Janata Party Delhi| 413 views
Insolvency & Bankruptcy bill passed by Parliament
Watch Insolvency & Bankruptcy bill passed by Parliament With HD Quality
By Sanjeev| 141 views
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India observes Independence Day with patriotic fervour
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India observes Independence Day with patriotic fervourBy PMOfficeIndia| 248620 views
You Become What You Think | Change Your Thought Change Your Life
Welcome to our latest video, "You Become What You Think" In this inspiring journey, we delve into the powerful philosophy that our thoughts shape our reality. Through a series of enlightening stories, expert interviews, and practical tips, we explore how positive thinking can transform your life.
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हमारे नवीनतम वीडियो "आप वही बनते हैं जो आप सोचते हैं" में आपका स्वागत है! ????इस प्रेरणादायक यात्रा में, हम उस शक्तिशाली दर्शन की गहराई में जाते हैं कि हमारे विचार हमारी वास्तविकता को आकार देते हैं। प्रेरक कहानियों, विशेषज्ञों के साक्षात्कार, और व्यावहारिक सुझावों के माध्यम से, हम यह खोजते हैं कि सकारात्मक सोच कैसे आपके जीवन को परिवर्तित कर सकती है।
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संबुद्ध सद्गुरु साक्षी श्री आपके जीवन की प्रमुख समस्याओं को बिना बताए स्वयं ही लिख देतेBy Sadguru Sakshi Ram Kripal Ji| 0 views
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
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CII Celebrates India@75 - India's IT Journey@75
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
#IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75
CII Celebrates India@75 - India's IT Journey@75By CII| 226558 views
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Naye Saal Ki Nayi Shuruwat | Atma Ki Yatra Mein Gehraai #spiritual #newyear #blessings
Naye Saal Ki Nayi Shuruwat | Atma Ki Yatra Mein Gehraai
Is naye saal mein, hum aapke saath aatmik gyan ki ek nayi yatra par nikal rahe hain. 'Naye Saal Ki Nayi Shuruwat: Atma Ki Yatra Mein Gehraai' video mein, hum aadhyatmikta ke madhyam se jeevan ko samajhne aur aatm-anushasan ke mahatva ko ujaagar karenge. Is naye varsh mein apne andar ki yatra ko aur bhi gehra karen aur aatm-khoj ke naye aayamon ka anubhav karen.
#newyear #spiritualjourney #innerpeace #SelfDiscovery #spirituality
Naye Saal Ki Nayi Shuruwat | Atma Ki Yatra Mein Gehraai #spiritual #newyear #blessingsBy Sadguru Sakshi Ram Kripal Ji| 0 views
BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly S
It's time we celebrate ourselves and get high on self-love! Introducing you to Bollywood Bubble's brand new show 'BodyFaming'. A show that talks about loving your body, smashing age-old beauty norms and being comfortable in your own skin. Watch host Rashita Sahni get up close and personal with Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Sana Shaikh, Mona Singh, Sobhita Dhulipala & Dolly Singh about dealing with body-shaming, getting over their inner insecurities and self-doubt and standing by the mantra - 'my body my rules'! Episodes drop every Tuesday at 2 PM only on Bollywood Bubble. Watch out.
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly SBy Bollywood Bubble| 220 views
