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Mild recession in the US, an advantage to India
As per Dan Fineman, co-head of equity strategy-Asia Pacific at Credit Suisse, India has a very robust economic cycle and a good structural outlook in an environment where developed markets are heading into a slowdown. A slowdown of the magnitude that we're expecting for the US actually could be pretty good for Asia.
The positive returns for India given upbeat growth in earnings adding that the main risk to the Indian growth story would be if the US recession is deeper than anticipated.
“As per the report, we can probably expect positive returns for India ... as it has good earnings growth, there isn't a strong argument for the market to be derating,” he said. “If the recession in the US is deeper than we’re anticipating, then that would be quite negative for global equities and emerging markets.”
On China, Fineman mentioned that it is still among the best choices for equity markets given cheaper valuations. “Even after the great rally they’ve had in November, the multiples are still at a deep discount relative to the rest of the region and global equities,” he said.
As per J P Morgan, the resultant slowing in aggregate demand could see the U.S. economy shed over one million jobs by mid-2024, which could then see the Fed start easing rates by 50bps per quarter starting in the second quarter of 2024.
Financial conditions are likely to tighten further, consumers are experiencing a significant negative sentiment shock, energy and food supply disruptions have worsened and the outlook for foreign growth has deteriorated. All these factors will likely contribute to the expected downturn.
Today's Headline in NewsHours
0:00 Intro
2:12 #Meta building virtual world open to app makers
2:50 RBI Governor says next financial crisis to come from private cryptos
3:14 #European antitrust regulators to probe Broadcom’s $61 Billion VMware bid
3:45 #WazirX’s trading volume plunges 76% in 2022
By VARINDIA| 14 views
Economic slowdown raising concerns
A report says, 50% of companies expect operational data to grow by 15% or more over next 12 months. At the same time, the layoff news is making tech workers across several industries feel skittish, especially those in e-commerce, real estate and businesses tied closely to the stock market, which saw a boom during Covid recovery in 2021 but massive volatility in today’s #economy.
We can’t deny the fact that there could be a 20-30% Productivity gain achieved through #digitalcollaboration. In line with global trends, growth in job openings at Big Tech companies like Facebook, Apple, Amazon, Microsoft, Netflix, Google has steadily slowed reflecting a larger economic slowdown. While most of the layoff news has come from tech companies, the mortgage industry, too, has been slashing away as higher interest rates crush mortgage volume.
Secondly, the continuing effects of Covid-19 around the world have dampened the outlook for the rest of the year. Venture capitalists are warning their portfolio companies to prepare for darker times, and some start-ups are laying people off or closing shops.
#MarkZuckerberg, CEO of Meta Platforms, has said the social media company will cut back on fresh hiring. Sundar Pichai, CEO of Alphabet, the parent of Google, said it will go slow on hiring for the rest of the year. Apple and Microsoft are following suit. Netflix has seen multiple rounds of layoffs after it reported a subscriber loss in Q1.
With the value of bitcoin, ethereum and other popular currencies dropping sharply, startups in the risky cryptocurrency space are at the forefront of layoffs. But the tech downturn is broad — the Nasdaq composite index has lost 30% of its value since January, it shows the biggest drop in the tech-heavy stock index.
Many technology startups that saw tremendous growth in 2020, particularly in the real estate, financial and delivery sectors, are beginning to see a slowdown in users," An expert says. ThereBy VARINDIA| 15 views
Clearing the path for 6G
6G (sixth-generation wireless) will be the successor to 5G cellular technology. 6G networks will be able to use higher frequencies than 5G networks and provide substantially higher capacity and much lower latency. This is 1,000 times faster -- or 1/1000th the latency -- than one millisecond throughput.
Hello & welcome to VARINDIA news hour
India commences groundwork for #5Gspectrum auction, to introduce services by 2022-23. 5G is expected to bring $450 billion opportunity for the country by increasing the pace of development and by creating jobs. The economy is going to further digitise by boosting the startup ecosystem, increasing governance and ease of doing business in the country.
We have witnessed India's biggest spectrum auction for 72 gigahertz of 5G airwaves worth ₹ 4.3 lakh crore where Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of Gautam Adani's Adani Enterprises were in the race to bid for 5G spectrum.
When we talk about the advantages of 5G, a 5GB movie can be downloaded in 35 seconds by using 5G internet as against 40 minutes in 4G; 2 hours in 3G; and 2.8 days in 2G.
After 40 rounds over seven straight days, market leader Reliance Jio acquired 24,740MHz of 5G airwaves — which can offer mobile internet speeds 10 times faster than 4G — worth a whopping Rs 88,078 crore, contributing nearly 59% to the central kitty. It won 10 MHz of the band in the circle after a bitter fight with Airtel, paying Rs 1,646 crore and taking the price nearly 81% higher than its base rate.
This digital evolution has brought forth a chance for innovators to introduce newer services and offerings, ushering in a change in consumer behaviour. The journey from 3G to 4G to now the adoption of 5G has led to the development of newer usage trends.
The adoption of #5G now opens a window for Indian innovators to explore the next breakthrough in technologyBy VARINDIA| 23 views
7 in 10 working women in India quit or consider quitting their jobs: LinkedIn
The latest consumer research based on 2,266 respondents in India was to uncover the challenges faced by women at work, and spotlight opportunities for employers to help break biases that are holding women back. The research finds that poor employer sentiment towards flexible working and career breaks is holding women back from asking for greater flexibility and re-entering the workforce. In fact, India’s working women are quitting or considering quitting their jobs in 2022 as pay cuts, bias, and exclusion become their penalties for working flexibly. The LinkedIn’s research shows that following the impact of the pandemic, 8 in 10 (83%) of working women have realised they want to work more flexibly. In fact the survey finds that 72% of working women are rejecting job roles that don’t allow them to work flexibly, while 70% have already quit or considered quitting their jobs because they weren’t offered the right flexible policies. When asked about the benefits of flexible working, around 2 in 5 (43%) women said it improves their work-life balance and helps them progress their careers, while 1 in 3 (34%) said it improves their mental health and 33% said increases their likelihood of staying in their current jobs. But due to strong employer bias, India’s working women are paying heavy penalties to work flexibly. 9 in 10 (88%) working women had to take a pay cut to work flexibly, 2 in 5 (37%) had their flexible working request denied, and 1 in 4 (27%) struggled to convince their bosses to accept their request.
This has made women reluctant towards asking for greater flexibility because they fear exclusion, being held back from promotions, working overtime, taking pay cuts, and being treated unfavourably by their superiors. Given the impending guilt and stigma around flexible policies, 1 in every 3 working women in India shies away from telling their clients (34%), colleagues (35%), and friends (33%) that they work flexibly. As working women continue to juggle bBy VARINDIA| 20 views
Space economy worth $1.25tn by 2030 | NSR | Global Space Economy | VARINDIA News Hour
Space economy worth $1.25tn by 2030 | NSR | Global Space Economy | VARINDIA News Hour
Northern Sky Research (NSR) in its Global Space Economy, said in its second Edition report, is projecting that the Global Space Economy will be worth $1.25 trillion (€1.12tn) by 2030. Further NSR is projecting strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25 trillion in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25 percent CAG. Satellite & Space Infrastructure is the largest segment today, with burgeoning demand from the Crew & Cargo market as the leading revenue source. Close behind are key infrastructure markets such as Satellite Communications, Earth Observation, Situational Awareness and Science & Technology. Altogether, the Satellite & Space Infrastructure market will generate over $570 billion in revenue by 2030, says NSR. But these traditional revenue generators are changing. NSR says that by decade’s end, the report observes Satellite Communications Services overtaking Infrastructure to become the dominant market in terms of annual revenues.
From segments such as Mobility (aero, maritime, land) to Enterprise Data and Government/Military, the upside for Satellite Communications Services is significant as more/flexible satellites are launched and an increasingly virtual, 5G-enabled and cloud-based ground segment is enabled. At an impressive CAGR of nearly 13 per cent, this segment is a key revenue driver going forward,” notes the report. Then, as the decade rolls on, a third category emerges: “Satellite & Space Applications, also contribute well to global space revenues. Earth Observation Information Products, Data Analytics, Data Downlink and Space Tourism & Travel are all key applications driving long term demand. Revenue of $140 billion by 2030 and a 1By VARINDIA| 41 views
2022 to witness a new era for cryptocurrencies
Slump in the #Cryptocurrency triggered the world’s largest digital asset to shed 17% during the last month of the year, putting it on track for its worst performance since May, when it lost 35%. Other cryptocurrenices have also fallen during this period. For the third consecutive year, Bitcoin has outperformed both stocks and gold. Year-to-date, #Bitcoin is up almost 65%, meanwhile, the S&P500, the benchmark index of the world’s largest economy, manages 27.6%, and gold is down around 7%. We can’t deny the fact that digital money is the inevitable future and Borderless, global, decentralised currencies are the future. Bitcoin and other digital currencies are widely regarded as a shield against inflation mainly because of its limited supply, which is not influenced by its price. Bitcoin investors have witnessed a roller-coaster ride in 2021 as prices went through a roller coaster ride. There was an initial surge from $30,000 dollars to $62,600 by April 2021 as most risk assets soared on abundant global liquidity. But the lethal second wave of the pandemic and the movement restrictions caused prices to retreat to $30,000 again by July. Another rally ensued from then, largely led by investors looking at fresh pastures as stocks began flagging. This was the period when bitcoin exchange traded funds were launched and many famous fund managers proclaimed that they would be including cryptocurrencies in their portfolios.
This rally ended at $67,582 with the Chinese ban on all cryptocurrency trading and mining. Further, threat of regulatory action in other countries including India pulled prices lower towards $46,000. Despite this volatility, bitcoins have trumped all other asset classes including stocks, bonds and gold. India has ranked second globally in the number of traders using the crypto trading platforms. As prices sky-rocketed and tales of people who had made outsized returns began doing the rounds, the number of traders on platforms such as Wazirx, CoBy VARINDIA| 6 views
Is The future of crypto investors in India Floating?
The Asian country with the highest percentage of cryptocurrency ownership was Vietnam, at 40 per cent, followed by Indonesia, India, Malaysia, and the Philippines, respectively. 30 percent of individuals polled in Indonesia and India stated that they held cryptocurrency. India also ranked #2 in a poll of nations that use cryptocurrency the most. Government is ready with the data of investors' investment into Cryptocurrency in Indian Exchanges. Now the government is coming out with a new bill that would bar most private cryptocurrencies that have triggered heavy selling in the country's digital currency markets, as investors look to exit positions despite the losses, said traders and investors. The government will allow only certain cryptocurrencies to promote the underlying technology and its uses. The bill, if passed, would effectively ban citizens in India from transacting in most cryptocurrencies. However, the fact is Bitcoin is a digital asset which is censorship-resistant. It’s been designed to be out of control of any authority. It is structured in a mathematical manner, basically, it is global money without national boundaries. Transactions on the bitcoin network can occur without banks. No one can track the private wealth you store on this blockchain. Bitcoin is not a business rather it gives you both ownership and usage of the network. As an investor, you are both a shareholder and a consumer.
With new cryptocurrency exchanges opening up and advertising aggressively in India, thousands of people are turning to investment in crypto currencies. The popular Indian exchanges are WazirX, CoinSwitch Kuber, Coin DCX, Zebpay and Unocoin, which holds about 2 crore Indian investors into cryptocurrency starting from Rs.100 to Rs.1 crore and above. Sources said, another 8 crore plus investors have invested through International Exchanges, which is tuned to an amount of Rs.2.00 Lakh Crore and above. The fact is Centre’s decision to introducBy VARINDIA| 15 views
India is on the cusp of satellite broadband services by global giants
#WazirX #CoinDCX #Hackers
Satellite Broadband services in India
Satellite Communication has become widespread and ubiquitous throughout the country for diverse applications catering to the sectors which are irreplaceable in serving the nation's interest. Satellite internet is a broadband internet service that uses radio waves to transmit the internet from an ISP hub to your satellite receiver dish which is attached with a modem to provide internet access. Some like SpaceX use lasers instead of radio waves to transmit the data. The radio waves are reflected in the receiver by geosynchronous low-Earth orbit (LEO) satellites that are in a fixed position in the sky. The data is transmitted to the satellite. Satellite internet could be the next big step in internet connectivity. Once a fleet of satellites is in orbit, companies would only need to set up the satellite receiver and modem to provide access to the internet from almost any corner of the world. There is no need for cables or other ground-based infrastructure at the customer’s access point. It would stand to revolutionise internet access the same way that the satellite DTH broadcasting services did for television access in India.
India is at the cusp of being a global hub for increased use of satellite communication, which can attract billions of dollars as FDI, generate huge employment, and enhance the GDP growth. About $40 billion private investments have already come in from major satellite broadband companies like Elon Musk’s SpaceX, Amazon’s Kuiper Project and the Bharti Airtel-backed OneWeb and Hughes are competing to become the biggest names in satellite internet in India. For a country like India, where providers would otherwise need to cover vast grounds with ground-based infrastructure, satellite internet provides an easy way to provide internet access to rural areas. Sunil Mittal controlled UK-based OneWeb had recently said that the company would start providing its sBy VARINDIA| 13 views
The rise of NFT adoption in India
#Vaccination #NFTs #Akamai
NFTs are commonly recalled as the Non-fungible tokens that are regarded as modern-day collectibles. The digital assets space has expanded to a $2 trillion+ market with over 200 million users interacting with them today. They represent the potential to improve and expand multiple sectors and lead to the creation of new asset classes. In India too, NFTs have garnered attention with conversations around NFTs being on a steady rise and numerous NFT marketplaces being launched on Indian crypto exchanges. The NFT market today has already found its niche in finance, investing, gaming and entertainment industries at large and are steadily growing to penetrate and optimize more such traditional sectors. NFTs are available for purchase and sale online, with digital evidence of ownership of any items included. There are several use cases growing among both the industry and consumers in India and globally.
NFTs are digital assets that can be used to represent ownership of digital and physical items using blockchain platforms. There are startups that are creating marketplaces… of course, large exchanges like WazirX are doing it, and there are others who are creating a very intelligent layer on top to create mechanisms for NFTs to interact with things like games.
A lot of bigger companies and even organized media players are keenly looking at this space. Even large industrial houses and banks are interested in implementing NFTs. Up until last year, a small fraction of investors saw the actual potential in NFTs but 2021 led to a complete u-turn as the market opened up to massive NFT pitches with a record $2.5 billion sales globally. As per Google trends data, in August 2021, global interest for NFT rose by 426% with people showing a lot of interest in terms of buying NFTs. We feel that this new fad isn't going to end anytime soon, there are growing use cases of NFTs with Twitter recently announcing NFT profileBy VARINDIA| 11 views
How one can still buy cryptocurrencies through crypto exchanges ?
#Cryptocurrency #RBI #cryptocurrencies
You can by any cryptocurrency in India
In April 2018, #RBI banned banks and other financial institutions from supporting #cryptocurrency transactions, as a result of the news that these digital coins were being used for fraudulent activities. However, in March 2020, the Supreme Court of India slashed down the ban on the grounds of being unconstitutional. According to various reports, Indian citizens are holding around INR 10,000 crore (USD 1.5Bn) in #cryptocurrencies .But as there is no clarity regarding the income tax issue for the gains made via crypto, the need for cryptocurrency regulations is now the new buzz. After giving much thought, the government has now decided to take firm actions. The GOI will soon form a new panel to analyze the possibility of regulating cryptocurrency in India, with the thought of revisiting old views. This new panel will allegedly consider using blockchain technology, new approaches to cryptocurrency as a digital asset instead of currency, and examine ways to operationalize the RBI’s proposal for its 'Digital Rupee'.
‘Official Digital Currency Bill – 2021’ is the proposed crypto regulation that will suspend all private cryptocurrencies and work on laying the foundation for the launch of an “official digital currency” by RBI. This bill was introduced in the Parliament’s Union Budget session, this year. Thinking on the fate of Indian crypto startups: Currently, India has more than 200 blockchain startups. Out of those, many have now been acquired by Binance, a global crypto asset management and trading company, including #Unocoin, #Zebpay, and #WazirX, while leading US-based crypto company #Coinbase has been investing in Indian startups. However, these activities are no longer limited to passive investments.
Today's Headline in NewsHours
0:00 Intro
2:21 #TataConsumerProducts to bolster e-commerce capabilities
3:00 #Windows1By VARINDIA| 10 views
Utilizing AI for better customer experience and operational efficiency
#AI #ML
AI & Analytics automating manual tasks
Organisations in developing countries are conducting various experiments on how artificial intelligence (AI), machine learning, and advanced analytics can be used to improve the customer experience. But, right now, many companies are largely focused on leveraging these technologies to automate labour and thereby reduce operating costs. And, whether they realize it or not, that’s a risky approach. Essentially, AI is commonly and narrowly seen as a way to cut costs by automating manual and knowledge work. Cost-efficiency is a business imperative, now more than ever as radical digitization has allowed competitors to arise suddenly, unexpectedly, and disruptively. But too few companies are thinking about the new jobs they should be creating in customer-facing areas (marketing, sales, services, and so on)—jobs that AI and analytics cannot replace but should support. Whereas, the Robotic process automation can cut costs for financial services firms by up to 75 percent.
Having said that, AI and analytics are producing big improvements in quality and responsiveness by automating many manual tasks. About 40% of retailers are implementing some form of intelligent automation, according to a National Retail federation survey, and more than 80% plan to do so by 2021 by improving the customer experience in most industries and will require that humans not only stay involved but that they engage with customers in new ways. That’s where these new, intelligent technologies can be most useful: enhancing, not replacing, the human face the enterprise turns toward its customers. Going forward, Intelligent PCs will make work and play more seamless, intelligent and enjoyable. As people adapt to hybrid remote working models, technology will continue to evolve as well. AI will make PCs more seamless, customized and hassle free.
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O-RAN is transforming the Radio Access Networks Industry
#ran
The O-RAN standards enable a more competitive and vibrant RAN supplier ecosystem with faster innovation. O-RAN based mobile networks improve the efficiency of RAN deployments and operations. It is empowered by principles of intelligence and openness, the O-RAN architecture is the foundation for building the virtualized RAN on open hardware and cloud, with embedded AI-powered radio control. It is towards openness to build a more cost effective and agile RAN through open interfaces, open hardware and open source; and Intelligence to meet the requirements for increasingly complex, denser and richer networks through deep learning techniques and embedded intelligence in every layer of the RAN architecture.
Open Radio Access Network (O-RAN) is being adopted by operators and equipment manufacturers worldwide to reduce infrastructure deployment cost and lower the barrier to entry for new product innovation. As Open RAN continues to gain traction, operators see a growing role for systems integrators to bring the experience, and capital-intensive resources to take on a range of complex challenges. The 5G network faces complexities to converge multi-layers and multi-domains. Open RAN adds factors like interoperability and quality assurance across multi-component solutions, as well as unique use case design, RF engineering, and service assurance challenges.
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O-RAN is transforming the Radio Access Networks IndustryBy VARINDIA| 40 views
Understanding cybersecurity risk is the need of the hour
Financial services institutions are hit by cyberattacks 300 times more than companies in other industries. The reason is very simple, Since the return on investment for attackers is simply too attractive. By understanding the economics of today’s most prevalent cyber threats, you can wage a more effective defence, better protect valuable data and your firm’s reputation, reduce the cost of cyberattacks, and limit attackers’ returns on investment to demotivate them. If it were measured as a country, then cybercrime — which is predicted to inflict damages totalling $7 trillion USD globally in 2021 — would be the world’s third-largest economy after the U.S. and China. The interesting part is, website owners have no idea that their website got hacked, redirected to malicious sites, or is spreading malware. In most cases, those websites are owned by people who have no knowledge about cybersecurity.
Cybercrime costs include damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm. Cybersecurity threats for small-to-medium sized businesses (SMBs) are real. SMBs are just as likely as larger businesses to be attacked. Yet, many are much less prepared to detect and endure an attack. There is a path forward to significantly improve the risk posture of an organization with good cyber hygiene, a strategic roadmap, and a cybersecurity insurance policy. The challenge for CISOs is selecting the best tools from a sea of offerings, and then working with the Board and senior execs to deploy them within the organization.
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GATE IO EXCHANGE DEPOSIT FROM MYETHERWALLET || फण्ड कैसे डिपाजिट करें ?
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WAZIRX LIVE INSTANT WITHDRAWAL 10 MINT ONLY || 10 मिनट में पैसे आपकी बैंक में
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WAZIRX LIVE INSTANT WITHDRAWAL 10 MINT ONLY-https://goo.gl/z27nokBy Money Growth| 983 views
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प्याज के दामों ने निकाले आंसू, आमजन की पहुंच से बाहर, जानें कैथल मंडी में कितने रुपए किलो बिक रहे ?
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Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda
Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda
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ECI Press Briefing
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Pakistan vs Bangladesh | ODI World Cup 2023 | Match Stats Preview, Pitch Report | CricTracker
Pakistan vs Bangladesh | ODI World Cup 2023 | Match Stats Preview, Pitch Report | CricTracker
Welcome to CricTracker, your one-stop destination for everything related to cricket. In this video, we will preview the 31st match of the ICC ODI World Cup 2023 between Bangladesh and Pakistan, which will be played at the Eden Gardens in Kolkata on October 31.
Bangladesh and Pakistan are two of the most unpredictable and exciting teams in world cricket. Both have a rich history of producing some memorable matches in the past, and this one promises to be no different. Both teams are looking to gather momentum and secure their place in the semi-finals.
In this video, we will give you a match stats preview, pitch report, and playing11 for both teams. We will also share our predictions and opinions on who has the edge and what are the key factors to watch out for.
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Pakistan vs Bangladesh | ODI World Cup 2023 | Match Stats Preview, Pitch Report | CricTrackerBy CricTracker| 127 views
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
Watch अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की With HD QualityBy P P Chaudhary| 3795265 views
Saiyami Kher on Ghoomer | Exclusive Interview | Crictracker
Saiyami Kher on Ghoomer | Exclusive Interview | Crictracker
The talented and gorgeous Saiyami Kher, who is making waves with her latest film Ghoomer. Plays the role of Anina Dixit, a cricketer who loses her right hand in an accident and makes a comeback as a one-handed bowler. The film, directed by R Balki and co-starring Abhishek Bachchan, has received rave reviews from critics and audiences alike.
Saiyami talks about her experience of working on Ghoomer, her preparation for the role, her passion for cricket, her friendship with Sachin Tendulkar and Rohit Sharma, and much more. She will also reveal some interesting facts about her personal and professional life, such as how she started modelling, why she turned down Zoya Akhtar's offer for Luck By Chance, how she impressed Roger Federer with her tennis skills, and what are her future projects.
Don't miss this candid and fun conversation with Saiyami Kher, who is not only a brilliant actor but also a sports enthusiast. Watch the video till the end and don't forget to like, share and subscribe for more such videos.
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Saiyami Kher on Ghoomer | Exclusive Interview | CrictrackerBy CricTracker| 443 views
