'PPIs Interoperability' | RBI's Fintech Implications | VARINDIA News Hour
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है।
FinTech में भारत की ताकत GIFT IFSC के विजन से जुड़ी हुई हैं, जिसके कारण ये स्थान FinTech का एक उभरता हुआ केंद्र बन रहा है।
- पीएम @narendramodi
पूरा वीडियो देखें: https://youtube.com/watch?v=cWg_uIFEy4s
► Whatsapp ????https://whatsapp.com/channel/0029Va8zDJJ7DAWqBIgZSi0K ????
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► BJP National President Shri JP Nadda's program ???? https://www.youtube.com/watch?v=mc3d67Cg3yk&list=PL8Z1OKiWzyBHWdpDfhww7RwmfMYjZYC7y
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भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTechBy Bharatiya Janata Party Delhi| 0 views
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech is a term used to describe the companies operating in the financial technology sector. Rising popularity for digital payments, increased investments in technology-based solutions, supportive government regulations, increased adoption of IOT devices are expected to positively influence the Global FinTech Market in the coming years. Rising innovations like mobile wallets, mobile banking, secure payment gateways, digitized money, paperless lending, etc., and adoption of e-commerce platforms across the economies, coupled with rising smartphone penetration have paved the way for increasing FinTech transactions. India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. However, concerns related to data security, lack of mobile and technology expertise may hamper the FinTech market during the forecast period. Analysts say that we are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
Digital banking will play a crucial role in the growth of the global fintech market in the coming years. With the global adoption rate of nearly 25%, this market brings various opportunities for fintech companies. Apart from the credit financing, there are several ways the SMEs can be benefited, like using APIs and distributed accounting technologies to achieve process efficiency. According to a report from Boston Consulting Group and FICCI, India is well-By VARINDIA| 19 views
New Innovations by CISCO | Hybrid Work by Businesses | Digitalizing Operations | VARINDIA News Hour
New Innovations by CISCO | Hybrid Work by Businesses | Digitalizing Operations | VARINDIA News Hour
Cisco introduces new technologies to help businesses rapidly scale networks and digitize operations to redefine the campus experience to support hybrid work. The company unveils the industry's first high-end Wi-Fi 6E access points, Private 5G for the enterprise as a managed service, and new high-powered Catalyst 9000X series switches with Cisco Silicon One to deliver top speeds and performance with the security needed for hybrid work. As per the company sources, the new innovations are designed to power hybrid work with people working from home, in the office, or anywhere. Businesses of all sizes are adjusting to the major digital transitions that have reshaped IT plans and operations over the past two years, spanning hybrid cloud to connect private and public clouds, Artificial Intelligence and Machine Learning for the adoption of IoT, and hybrid work to connect everyone and everything securely. Hybrid work success is not simply the ability to support a remote workforce. It is the ability to adapt to change as it happens. It is all powered by reliable, mission-critical connectivity.
The network is the essential driver of productivity in a hybrid world, helping businesses, schools, and governments work better. As more people require the flexibility to work on their terms, organizations must rapidly scale their digital operations to enable the connections needed for the work-from-anywhere approach. For hybrid work to work, a fundamental change is required in how organizations use and rely on technology. Connecting more people and more devices across more places requires ubiquitous wireless connections, increased network strength and resiliency, and reliable zero trust security to deliver the best experience every time, with no interruptions. It further says, the capabilities of the network empower the capabilities of the workforce. These launchesBy VARINDIA| 36 views
RBI states Crypto as a Threat to India’s Financial Stability | Cryptocurrency | VARINDIA News Hour
RBI states Crypto as a Threat to India’s Financial Stability | Cryptocurrency | VARINDIA News Hour
Recently the #RBI Governor, #ShaktikantaDas has stated that private currencies such as cryptocurrencies are a threat to the country’s financial stability. The criticism against cryptocurrencies in a way is to caution and deter investors from trading as this asset class poses certain kinds of risks. He has mentioned in his censure that #cryptocurrencies do not have any underlying value as they aren’t backed by any asset, not even a “Tulip”. “I think it is my duty to tell investors that what they are investing in cryptocurrencies, they should keep in mind that they are investing at their own risk. They should keep in mind that these cryptocurrencies have no underlying (asset). Not even a tulip”, said the RBI Governor. As far as cryptocurrencies are concerned, the RBI stance is very clear. Private cryptocurrencies are a big threat to our financial and macroeconomic stability. They will undermine RBI’s ability to deal with issues related to financial stability. The central bank’s monetary policy would be less effective if crypto is allowed to move freely. Virtual currencies would also undermine banks and other regulated entities. Other concerns about crypto include extreme price volatility and difficulty in tracing transactions.
The RBI view is that crypto should neither be treated as a currency nor an asset, especially given the concerns over illegally channeling funds. Observing that crypto-technology is underpinned by a philosophy to evade government controls, he said they have been specifically developed to bypass the regulated financial system. Moreover, cryptocurrencies can wreck the currency system, monetary authority, banking system and in general the government's ability to control the economy. At the same time, the government’s approach will have to be balanced so as not to hurt investors but at the same time not let it grow uncontrollablyBy VARINDIA| 19 views
The US suspends Mastercard and Visa in Russia, what does it mean? | VARINDIA News Hour
The US suspends Mastercard and Visa in Russia, what does it mean? | VARINDIA News Hour
#Visa and #Mastercard are suspending their Russian operations, as per a statement and they would no longer handle card operations pertaining to sanctioned Russian banks. They are now extending that to all card issuers and merchant processors in Russia. With this there will be a big impact on foreigners who won’t be able to use their Visa or Mastercard cards for purchases in the country, whether online or in person. Russian cardholders are still able to use these cards for purchases in Russia, but their transactions will travel over other networks, mainly Russia's homegrown payments system, Mir. Mir is a Russian payment system for electronic fund transfers established by the Central Bank of Russia under a law adopted on 1 May 2017. The system is operated by the Russian National Card Payment System [ru], a wholly owned subsidiary of the Central Bank of Russia. Russian cardholders won’t likely be able to use their Visa- or Mastercard-branded cards outside the country. “All transactions initiated with Visa cards issued in Russia will no longer work outside the country,” Visa said in a statement.
Western financial institutions have moved rapidly to sever ties with Russia, in some cases going well beyond sanctions on the country’s biggest banks. Their moves have hobbled the country’s economy and cut off Russian citizens and companies from the global financial system. On the surface it looks like a brilliant move to cripple financial transactions of Russia. But scratch the surface and it will actually mean that the US will weaponize its corporations on countries not on the same page with them. But the question is will it impact Russia? Yes, to some extent.
What effect will it have? It will simply cripple Mastercard and Visa growth in future as many nations wouldn’t want to be hostage of the US financial or corporate system. China has Union Pay, Japan hasBy VARINDIA| 15 views
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
Unevenness and variability will define 2022 for most employees and employers in this volatile world. Employees will work in different ways and locations, the labour market will remain increasingly competitive, and organizations will continue to strive for diversity, equity and inclusion. Leaders must manage the increased variability across all aspects of work. For IT departments, employees working from anywhere and high staff turnover pose several issues. Cloud applications and mobile devices have become essential to the everyday tasks that have kept productivity high during the pandemic crisis and are accessible everywhere. The remote work model has brought many positive changes and challenges for businesses. Maintaining the status quo and facilitating work during periods of lockdown have been business priorities, but businesses have enjoyed some unexpected benefits in doing so, including productivity increase and reductions in overhead costs. Additionally, businesses have expanded access to talent based outside office regions, including a more diverse workforce.
Adjusting to the new remote and hybrid scenario would not have been possible without innovative tech solutions that ensure maximum employee productivity, allow employees to interact and collaborate, and enhance security posture and IT efficiency. With integration of these technological tools in the remote work ecosystem, businesses are getting contextual and real-time actionable asset insights to help IT teams gain control over their IT investments and help employees become more productive. Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors. Bad actors are taking advantage of the remote workforce’s blind spots, and as attacks become more sophisticated, stakes are high for businesses and users. In the future of work, businessBy VARINDIA| 28 views
India’s Internet Economy | $1 Trillion by 2030 | Digital Revolution | VARINDIA News Hour
India’s Internet Economy | $1 Trillion by 2030 | Digital Revolution | VARINDIA News Hour
India’s journey to a $1-trillion consumer internet economy has been a unique story of multiple internet sectors such as e-tailing, e-health, food tech, online mobility, and quick commerce, coming together to create a strong foundation for a consumption-led growth engine. The ongoing journey from digital-first to digital-forward was a result of multiple internet sectors having shown strong momentum post-COVID, as per RedSeer. Investors are recognising India’s golden opportunity without a second thought. In 2021, more than $40 billion of funding and 42 new unicorns were born. This is primarily because the country’s economy is becoming more skill-based and services-oriented, so more jobs are being created for skilled workers, which in turn is a major draw for investors. It has been fueled by a mix of burgeoning internet penetration rates, access to high-speed internet, and rising demand for online shopping and digital content consumption. India is home to an extremely distinct, heterogeneous population
base with varying social needs.
The report noted that applications prioritising vernacularity of language, verticalized super apps, and an omnichannel approach are increasingly allowing the third cohort to join the digital mainstream. India’s new digital revolution is further enabled by the growing tech adoption in the business to business space and an expanding and maturing internet consumer base. What is also noteworthy is that key internet economies, namely e-tail, eHealth, FoodTech, Online Mobility, and Billpay and Recharge, which had experienced a sharp downward spiral during COVID re-emerged much stronger. Additionally, the rise of tech adoption in the B2B space is bolstering India's new digital revolution. The report expressed immense optimism about India's growth, stating that the SaaS market size, which stood at about $3.5 billion in FY2By VARINDIA| 56 views
Digital Currency Glitches | Global Concerns | VARINDIA News Hour
Digital Currency Glitches | Global Concerns | VARINDIA News Hour
The ambiguities surrounding the digital currency still leave enough space for the analysis of its unreserved acceptance, trust and anticipation, which are the main drivers for the spread of the network. It is time for the Banks to carefully consider the technology underlying these cryptocurrencies as a potential generic new way of transferring ownership of the value over the long term. Especially Bitcoin is the technology adoption in the presence of network externalities. The growth in digital currencies could make cross-border payments more efficient and help address the $1.7 trillion global trade financing gap. These burgeoning currencies may not solve all trade issues, however, and could further complicate the supply and demand of foreign exchange, especially for countries with limited existing international trade. There is no doubt that the digital currencies are growing: the market is valued at more than $2 trillion and involves more than 15,000 varieties. Based on the Atlantic Council’s CBDC tracker, nine countries or currency unions have launched their digital currencies, while 15 are in the pilot phase. Additionally, 16, including India, are in the development stage, and 40 are in the research stage. Seven are inactive and two have cancelled any plans to launch it.
Digital currencies could provide alternative credit information for trade finance and there’s a $1.7 trillion global trade financing gap, which heavily impacts SMEs who typically don’t have established financial records with banks. Public ledgers of digital currencies could be used to share payment and financial history to underwrite loans for import and export. At the same time, strong privacy protocols would need to be enforced in order to achieve this. The Reserve Bank of India will launch the CBDC from the upcoming financial year. This follows the government’s plans to launch the CBDC that will be backed by blocBy VARINDIA| 17 views
Hybrid work model to continue in 2022 | Digital | VARINDIA News Hour
Hybrid work model to continue in 2022 | Digital | VARINDIA News Hour
Remote work was once considered a luxury to many and some workers were able to thrive in a remote setting, while others felt isolated and struggled to keep up a balance between their work and home lives. Now hybrid working is the current challenge for employers and employees – figuring out the right mix of in-person and remote work to meet the needs of a wide group of stakeholders. Flexible work is a key need for employees today, and just what that flexibility looks like is complex. Moving into 2022, ways of working and interacting are continuing to evolve as organisations adapt to the ongoing changes brought about by a wide range of factors influenced by the COVID-19 pandemic. Thus, two years after the world abruptly shifted to widespread adoption of remote work, declaring 2022 “The Year of Hybrid Work,” as workers and companies attempt to regain some sense of normalcy, improve work/life balance, and reconnect with co-workers while still retaining some of the benefits of hybrid work. There are a lot of benefits to remote work — no commute, more flexibility in the day, fewer distractions and interruptions — but for many there are also a lot of downsides, like social isolation, lack of motivation, and difficulty maintaining a good balance between their work and personal lives.
The main benefit of hybrid work is that it offers employees the flexibility to work in the style that suits them best. People who thrive in an office setting could go into the office every day, people who really do well working at home can continue doing that, or people could opt for a mix of the two which can result in greater creativity and happier employees. Now the challenge is a great number of resignations has seen employees demand more humanistic policies and practices and employers recognise that to retain their people they need to become truly people-centric – employees want to see real changes arouBy VARINDIA| 33 views
'PPIs Interoperability' | RBI's Fintech Implications | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
Prepaid instruments are designed to hold funds as a store of value funded by an individual or business for a specific purpose. PPIs are typically issued to consumers or businesses by platforms looking to facilitate digital transactions through swipes i.e., POS machines, online i.e., Payment Gateway, UPI payments i.e., Scan n Pay, or for payments to other customers i.e., Wallets. RBI mandated interoperability for full-KYC prepaid instruments and for all payment acceptance infrastructure by 31st March 2022. Interoperability refers to the ability of computer systems or software to exchange and make use of information. This would imply the exchange of information and the seamless transfer of funds between PPIs. The move towards mandatory interoperability is being seen as consumer friendly as it will allow customers of mobile wallets to transfer funds from one wallet to another. Further, as a confidence-boosting measure, and to bring uniformity across PPI issuers, it is now proposed to allow cash withdrawals for full-KYC PPIs of non-bank PPI issuers. In the past, the RBI’s policies have inadvertently affected the popularity of PPIs. With the rollout of UPI and the imposition of strict obligations to ensure KYC compliance in 2017, PPIs witnessed a loss of appeal in providing wallet services. The customer base began migrating towards the use of UPI, which provided zero-cost transfers directly from bank accounts, bypassing the service fee which was charged on such transactions by PPIs.
Secondly, the RBI proposed to gradually allow the payment system operators to obtain direct membership in the Central Payment System. This would enable them to additionally transact through Real-Time Gross Settlement and National Electronic Funds Transfer without the interference of traditional banks. Beneficiaries would not only
#RIL#cryptocurrency#rbi#startup#Fintech#DigitalTransactions#UPI#IOCL#malware#paymentgateway#AWS#bpcl#POSmachines#NikhilKamath#ICRC#paymentsystem#varindianewshour#amazonwebservices#TrickBot#PPIsInteroperability#PPIs#KYCconformity#NPCIInternationalPaymentsLimited#NIPL#Trickbotattacks#RobotTech#InternationalCommitteeoftheRedCross#hackinggroup#AWSLocalZones
Category:
Technology
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है।
FinTech में भारत की ताकत GIFT IFSC के विजन से जुड़ी हुई हैं, जिसके कारण ये स्थान FinTech का एक उभरता हुआ केंद्र बन रहा है।
- पीएम @narendramodi
पूरा वीडियो देखें: https://youtube.com/watch?v=cWg_uIFEy4s
► Whatsapp ????https://whatsapp.com/channel/0029Va8zDJJ7DAWqBIgZSi0K ????
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► PM Shri Narendra Modi's programs ???? https://www.youtube.com/watch?v=NQ2mG9eabWg&list=PL8Z1OKiWzyBH3ImCOpXsYZk5C-6GeKnKS
► BJP National President Shri JP Nadda's program ???? https://www.youtube.com/watch?v=mc3d67Cg3yk&list=PL8Z1OKiWzyBHWdpDfhww7RwmfMYjZYC7y
► HM Shri Amit Shah's programs ???? https://www.youtube.com/watch?v=tSX3TshTq20&list=PL8Z1OKiWzyBHIdo3uGZLPLCjb9iuYuG-2
► Popular videos ???? https://www.youtube.com/watch?v=y6mKBvuyOTg&list=UULPrwE8kVqtIUVUzKui2WVpuQ
► Playlists BJP Press ???? https://www.youtube.com/watch?v=BUUxF2zZdHI&list=PL8Z1OKiWzyBGesYbBbDcV4MtX8UUpv9Xo
#BJPLive #BJP #PressLive #PressConference #Press
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTechBy Bharatiya Janata Party Delhi| 0 views
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech is a term used to describe the companies operating in the financial technology sector. Rising popularity for digital payments, increased investments in technology-based solutions, supportive government regulations, increased adoption of IOT devices are expected to positively influence the Global FinTech Market in the coming years. Rising innovations like mobile wallets, mobile banking, secure payment gateways, digitized money, paperless lending, etc., and adoption of e-commerce platforms across the economies, coupled with rising smartphone penetration have paved the way for increasing FinTech transactions. India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. However, concerns related to data security, lack of mobile and technology expertise may hamper the FinTech market during the forecast period. Analysts say that we are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
Digital banking will play a crucial role in the growth of the global fintech market in the coming years. With the global adoption rate of nearly 25%, this market brings various opportunities for fintech companies. Apart from the credit financing, there are several ways the SMEs can be benefited, like using APIs and distributed accounting technologies to achieve process efficiency. According to a report from Boston Consulting Group and FICCI, India is well-By VARINDIA| 19 views
New Innovations by CISCO | Hybrid Work by Businesses | Digitalizing Operations | VARINDIA News Hour
New Innovations by CISCO | Hybrid Work by Businesses | Digitalizing Operations | VARINDIA News Hour
Cisco introduces new technologies to help businesses rapidly scale networks and digitize operations to redefine the campus experience to support hybrid work. The company unveils the industry's first high-end Wi-Fi 6E access points, Private 5G for the enterprise as a managed service, and new high-powered Catalyst 9000X series switches with Cisco Silicon One to deliver top speeds and performance with the security needed for hybrid work. As per the company sources, the new innovations are designed to power hybrid work with people working from home, in the office, or anywhere. Businesses of all sizes are adjusting to the major digital transitions that have reshaped IT plans and operations over the past two years, spanning hybrid cloud to connect private and public clouds, Artificial Intelligence and Machine Learning for the adoption of IoT, and hybrid work to connect everyone and everything securely. Hybrid work success is not simply the ability to support a remote workforce. It is the ability to adapt to change as it happens. It is all powered by reliable, mission-critical connectivity.
The network is the essential driver of productivity in a hybrid world, helping businesses, schools, and governments work better. As more people require the flexibility to work on their terms, organizations must rapidly scale their digital operations to enable the connections needed for the work-from-anywhere approach. For hybrid work to work, a fundamental change is required in how organizations use and rely on technology. Connecting more people and more devices across more places requires ubiquitous wireless connections, increased network strength and resiliency, and reliable zero trust security to deliver the best experience every time, with no interruptions. It further says, the capabilities of the network empower the capabilities of the workforce. These launchesBy VARINDIA| 36 views
RBI states Crypto as a Threat to India’s Financial Stability | Cryptocurrency | VARINDIA News Hour
RBI states Crypto as a Threat to India’s Financial Stability | Cryptocurrency | VARINDIA News Hour
Recently the #RBI Governor, #ShaktikantaDas has stated that private currencies such as cryptocurrencies are a threat to the country’s financial stability. The criticism against cryptocurrencies in a way is to caution and deter investors from trading as this asset class poses certain kinds of risks. He has mentioned in his censure that #cryptocurrencies do not have any underlying value as they aren’t backed by any asset, not even a “Tulip”. “I think it is my duty to tell investors that what they are investing in cryptocurrencies, they should keep in mind that they are investing at their own risk. They should keep in mind that these cryptocurrencies have no underlying (asset). Not even a tulip”, said the RBI Governor. As far as cryptocurrencies are concerned, the RBI stance is very clear. Private cryptocurrencies are a big threat to our financial and macroeconomic stability. They will undermine RBI’s ability to deal with issues related to financial stability. The central bank’s monetary policy would be less effective if crypto is allowed to move freely. Virtual currencies would also undermine banks and other regulated entities. Other concerns about crypto include extreme price volatility and difficulty in tracing transactions.
The RBI view is that crypto should neither be treated as a currency nor an asset, especially given the concerns over illegally channeling funds. Observing that crypto-technology is underpinned by a philosophy to evade government controls, he said they have been specifically developed to bypass the regulated financial system. Moreover, cryptocurrencies can wreck the currency system, monetary authority, banking system and in general the government's ability to control the economy. At the same time, the government’s approach will have to be balanced so as not to hurt investors but at the same time not let it grow uncontrollablyBy VARINDIA| 19 views
The US suspends Mastercard and Visa in Russia, what does it mean? | VARINDIA News Hour
The US suspends Mastercard and Visa in Russia, what does it mean? | VARINDIA News Hour
#Visa and #Mastercard are suspending their Russian operations, as per a statement and they would no longer handle card operations pertaining to sanctioned Russian banks. They are now extending that to all card issuers and merchant processors in Russia. With this there will be a big impact on foreigners who won’t be able to use their Visa or Mastercard cards for purchases in the country, whether online or in person. Russian cardholders are still able to use these cards for purchases in Russia, but their transactions will travel over other networks, mainly Russia's homegrown payments system, Mir. Mir is a Russian payment system for electronic fund transfers established by the Central Bank of Russia under a law adopted on 1 May 2017. The system is operated by the Russian National Card Payment System [ru], a wholly owned subsidiary of the Central Bank of Russia. Russian cardholders won’t likely be able to use their Visa- or Mastercard-branded cards outside the country. “All transactions initiated with Visa cards issued in Russia will no longer work outside the country,” Visa said in a statement.
Western financial institutions have moved rapidly to sever ties with Russia, in some cases going well beyond sanctions on the country’s biggest banks. Their moves have hobbled the country’s economy and cut off Russian citizens and companies from the global financial system. On the surface it looks like a brilliant move to cripple financial transactions of Russia. But scratch the surface and it will actually mean that the US will weaponize its corporations on countries not on the same page with them. But the question is will it impact Russia? Yes, to some extent.
What effect will it have? It will simply cripple Mastercard and Visa growth in future as many nations wouldn’t want to be hostage of the US financial or corporate system. China has Union Pay, Japan hasBy VARINDIA| 15 views
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
Unevenness and variability will define 2022 for most employees and employers in this volatile world. Employees will work in different ways and locations, the labour market will remain increasingly competitive, and organizations will continue to strive for diversity, equity and inclusion. Leaders must manage the increased variability across all aspects of work. For IT departments, employees working from anywhere and high staff turnover pose several issues. Cloud applications and mobile devices have become essential to the everyday tasks that have kept productivity high during the pandemic crisis and are accessible everywhere. The remote work model has brought many positive changes and challenges for businesses. Maintaining the status quo and facilitating work during periods of lockdown have been business priorities, but businesses have enjoyed some unexpected benefits in doing so, including productivity increase and reductions in overhead costs. Additionally, businesses have expanded access to talent based outside office regions, including a more diverse workforce.
Adjusting to the new remote and hybrid scenario would not have been possible without innovative tech solutions that ensure maximum employee productivity, allow employees to interact and collaborate, and enhance security posture and IT efficiency. With integration of these technological tools in the remote work ecosystem, businesses are getting contextual and real-time actionable asset insights to help IT teams gain control over their IT investments and help employees become more productive. Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors. Bad actors are taking advantage of the remote workforce’s blind spots, and as attacks become more sophisticated, stakes are high for businesses and users. In the future of work, businessBy VARINDIA| 28 views
India’s Internet Economy | $1 Trillion by 2030 | Digital Revolution | VARINDIA News Hour
India’s Internet Economy | $1 Trillion by 2030 | Digital Revolution | VARINDIA News Hour
India’s journey to a $1-trillion consumer internet economy has been a unique story of multiple internet sectors such as e-tailing, e-health, food tech, online mobility, and quick commerce, coming together to create a strong foundation for a consumption-led growth engine. The ongoing journey from digital-first to digital-forward was a result of multiple internet sectors having shown strong momentum post-COVID, as per RedSeer. Investors are recognising India’s golden opportunity without a second thought. In 2021, more than $40 billion of funding and 42 new unicorns were born. This is primarily because the country’s economy is becoming more skill-based and services-oriented, so more jobs are being created for skilled workers, which in turn is a major draw for investors. It has been fueled by a mix of burgeoning internet penetration rates, access to high-speed internet, and rising demand for online shopping and digital content consumption. India is home to an extremely distinct, heterogeneous population
base with varying social needs.
The report noted that applications prioritising vernacularity of language, verticalized super apps, and an omnichannel approach are increasingly allowing the third cohort to join the digital mainstream. India’s new digital revolution is further enabled by the growing tech adoption in the business to business space and an expanding and maturing internet consumer base. What is also noteworthy is that key internet economies, namely e-tail, eHealth, FoodTech, Online Mobility, and Billpay and Recharge, which had experienced a sharp downward spiral during COVID re-emerged much stronger. Additionally, the rise of tech adoption in the B2B space is bolstering India's new digital revolution. The report expressed immense optimism about India's growth, stating that the SaaS market size, which stood at about $3.5 billion in FY2By VARINDIA| 56 views
Digital Currency Glitches | Global Concerns | VARINDIA News Hour
Digital Currency Glitches | Global Concerns | VARINDIA News Hour
The ambiguities surrounding the digital currency still leave enough space for the analysis of its unreserved acceptance, trust and anticipation, which are the main drivers for the spread of the network. It is time for the Banks to carefully consider the technology underlying these cryptocurrencies as a potential generic new way of transferring ownership of the value over the long term. Especially Bitcoin is the technology adoption in the presence of network externalities. The growth in digital currencies could make cross-border payments more efficient and help address the $1.7 trillion global trade financing gap. These burgeoning currencies may not solve all trade issues, however, and could further complicate the supply and demand of foreign exchange, especially for countries with limited existing international trade. There is no doubt that the digital currencies are growing: the market is valued at more than $2 trillion and involves more than 15,000 varieties. Based on the Atlantic Council’s CBDC tracker, nine countries or currency unions have launched their digital currencies, while 15 are in the pilot phase. Additionally, 16, including India, are in the development stage, and 40 are in the research stage. Seven are inactive and two have cancelled any plans to launch it.
Digital currencies could provide alternative credit information for trade finance and there’s a $1.7 trillion global trade financing gap, which heavily impacts SMEs who typically don’t have established financial records with banks. Public ledgers of digital currencies could be used to share payment and financial history to underwrite loans for import and export. At the same time, strong privacy protocols would need to be enforced in order to achieve this. The Reserve Bank of India will launch the CBDC from the upcoming financial year. This follows the government’s plans to launch the CBDC that will be backed by blocBy VARINDIA| 17 views
Hybrid work model to continue in 2022 | Digital | VARINDIA News Hour
Hybrid work model to continue in 2022 | Digital | VARINDIA News Hour
Remote work was once considered a luxury to many and some workers were able to thrive in a remote setting, while others felt isolated and struggled to keep up a balance between their work and home lives. Now hybrid working is the current challenge for employers and employees – figuring out the right mix of in-person and remote work to meet the needs of a wide group of stakeholders. Flexible work is a key need for employees today, and just what that flexibility looks like is complex. Moving into 2022, ways of working and interacting are continuing to evolve as organisations adapt to the ongoing changes brought about by a wide range of factors influenced by the COVID-19 pandemic. Thus, two years after the world abruptly shifted to widespread adoption of remote work, declaring 2022 “The Year of Hybrid Work,” as workers and companies attempt to regain some sense of normalcy, improve work/life balance, and reconnect with co-workers while still retaining some of the benefits of hybrid work. There are a lot of benefits to remote work — no commute, more flexibility in the day, fewer distractions and interruptions — but for many there are also a lot of downsides, like social isolation, lack of motivation, and difficulty maintaining a good balance between their work and personal lives.
The main benefit of hybrid work is that it offers employees the flexibility to work in the style that suits them best. People who thrive in an office setting could go into the office every day, people who really do well working at home can continue doing that, or people could opt for a mix of the two which can result in greater creativity and happier employees. Now the challenge is a great number of resignations has seen employees demand more humanistic policies and practices and employers recognise that to retain their people they need to become truly people-centric – employees want to see real changes arouBy VARINDIA| 33 views
VARINDIA
AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI ProcessingBy VARINDIA| 256 views
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationBy VARINDIA| 172 views
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
0:00 Intro
3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online FraudsBy VARINDIA| 181 views
Lifestyle
How To : Fuller lips with Easy Techniques - No Lip Liners - No Overlining Ft. Pilgrim Lip care range
Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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Easy Treatment For Dark Areas With Affordable ProductsBy Beauty with Sumu| 971589 views
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Disclaimer : All products used in my videos, regardless of whether the is sponsored or not, are the products i like using. the information provided on this channel is only for general purposes and should NOT be considered asBy JSuper kaur| 421859 views
ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevani
Hi friends..Today i will show you how to make thorana beautiful..Thorana decorations..
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ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevaniBy Kannada Sanjeevani| 156115 views
Biolage Deep Treatment Pack Review| Hair Care for dry, frizzy, damaged, colored hair, split ends.
Everything about hair care using at home affordable hair treatments for dry, damaged, frizzy hair and color treated hair with hair pack at home is discussed in this video using the Biolage Deep Treatment hair packs/ hair masks. Hair care with DIY deep treatment hair packs by Biolage helped me get soft, smooth, silky hair. They also have hair masks to tame fly-aways, get rid of split-ends and to treat colored hair which are infused with hair foods and hair caring ingredients which I've explained and shared in detail in this video. I’ve shared with you a demo and my review of the Biolage Deep Treatment Pack for hair as well.
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I used the Biolage Ultra Hydrasource Deep Treatment Pack which has Aloe and Spirulina which is a hair mask for dry hair to get moisturised, soft, smooth, manageable and hydrated hair from deep within.
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And, a hair mask for Frizzy hair which is the Biolage SmoothProof Deep Treatment Pack which has Camelia and Castor Oil in it, helps to tame fly-aways and frizzy hair. You can now get yourself a hair spa for frizzy and damaged hair at home for just Rs.350 and get a sleep hair look at home.
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#DeepTreatmentPack #BiolageIndia @biolageBy Neha Desai| 337008 views
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनातBy LNV India| 0 views
सरकार के खिलाफ सड़कों पर उतरे हजारों लोग | Ladakh Protest: Leh | Statehood State की मांग | #dblive
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Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चा
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Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चाBy JANTV RAJASTHAN| 0 views
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Manali Himachal Pradesh | टूरिज्म इंडस्ट्री में खुशी,जन-जीवन अस्त-व्यस्त, मनाली में भारी बर्फवारी
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Manali Himachal Pradesh | टूरिज्म इंडस्ट्री में खुशी,जन-जीवन अस्त-व्यस्त, मनाली में भारी बर्फवारीBy JANTV RAJASTHAN| 0 views