Author: News Desk
The past decade has witnessed a remarkable transformation in the way we send money across borders, spurred by technological innovation and evolving macroeconomic trends. In particular, the Asia-Pacific (APAC) region has experienced rapid and dynamic changes in its peer-to-peer (P2P) remittances landscape, outpacing other regions in growth. Seizing Opportunities in a Dynamic Market Amid these shifts, banks, remittance service providers, and fintech companies are presented with significant opportunities. How can they harness these changes to better serve their customers in the ever-evolving cross-border payments ecosystem? Surprising Growth in APAC Remittances Data from Visa’s 2022 Global Market Sizing Analysis suggests a…
Revamping the Dress Code for Parliament: A Step towards Tradition and Identity In a significant move, the Indian Parliament is set to witness a change in its employees’ dress code during the forthcoming special session, commencing on September 18. This decision, introduced with the aim of promoting Indian culture and heritage, has not only sparked a political debate but also serves as a reflection of the nation’s evolving identity. A Unified Dress Code One of the most notable aspects of this change is the uniformity it brings. Previously, the employees of both Houses sported different attire, but with this new…
Exploring the Depths: India's Project Samudrayaan Takes a Dive into the Ocean's Mysteries India's Ambitious Mission to the Deep Ocean In the wake of its successful lunar expedition and Chandrayaan missions, India is gearing up foranother groundbreaking endeavor. Project Samudrayaan is set to explore the depths of the ocean,aiming to uncover precious metals and minerals, including cobalt, nickel, and manganese. Thisambitious project will employ a homegrown submersible named "Matsya 6000," specificallydesigned to withstand the extreme pressures found at a depth of 6,000 meters. Here, we delve intothe details of this audacious mission. Matsya 6000: The Heart of the Mission The…
China’s Looming Financial Crisis: A Market Expert’s Warning The Warning Signs Renowned market veteran Ruchir Sharma has issued a stark warning: China’s economy is on a collision course with a financial crisis. The catalyst for this impending catastrophe, he argues, is the property bubble inflated by surging debts. In this analysis, we delve into Sharma’s insights and the two potential scenarios he envisions for China’s economic future. The Property Bubble’s Shadow At the heart of Sharma’s grim prognosis lies China’s property market. This sector, which constitutes a significant portion of the nation’s GDP, is grappling with the weight of immense…
Apple’s latest iPhone 15 series introduces a stunning matte finish with an aluminum enclosure. The contoured edge provides a comfortable grip, while the color-infused glass back adds a touch of elegance. Notable improvements include a powerful 48MP main camera, offering super-high-resolution photos, and a new 2x telephoto option for three optical zoom levels, enhancing portrait photography. The Impressive Apple Watch Series 9 The Apple Watch Series 9 features a lightning-fast S9 chip, claiming a 60% boost in speed and a 30% faster GPU. It brings Siri-enabled health data access, convenient name drop sharing with nearby users, and watch control with…
Nazara Technologies: Thriving Despite Challenges in the Indian Gaming Sector India’s gaming industry is witnessing growth, despite facing challenges such as a high Goods and Services Tax (GST) rate of 28%. Among the key players in this industry is Nazara Technologies Limited, which has not only weathered the storm but is also attracting significant investments. GST Rate and Its Impact When the Indian Government announced a 28% GST rate for the gaming industry, concerns arose about its potential negative effects. This move had led to a sharp decline in stock prices for some gaming companies, with Delta Corp experiencing a…
Apple’s latest iPhone 15 model, assembled in India, is set to reach the hands of eager customers on September 23. This marks a significant milestone for Apple as it diversifies its manufacturing operations beyond China, with India playing a pivotal role. Bridging the Gap with Indian Production The move to manufacture the iPhone 15 in India is part of Apple’s strategy to bridge the gap between its Indian operations and its main manufacturing hubs in China. Apple began mass production of the iPhone 15 at Foxconn Technology Group’s factory in southern Tamil Nadu last month. Global Availability of Indian-Made iPhones…
Saudia Airlines to Inaugurate Bengaluru Airport’s Terminal 2 (T2) Bengaluru Airport Prepares to Welcome First Foreign Carrier In a significant milestone for Kempegowda International Airport in Bengaluru, Saudia Airlines is poised to become the first foreign carrier to land at the airport’s state-of-the-art Terminal 2 (T2) on September 12, 2023. This development marks a significant step in the airport’s expansion plans, which include transforming T2 into an international hub for flights. Saudia Airlines’ Arrival at T2 Saudia Airlines, the flag carrier of Saudi Arabia, is scheduled to make its debut at T2 with flight SV866 originating from Jeddah. The aircraft…
Malayalam Film Industry Faces Box Office Slump: A Closer Look The Malayalam film industry, known for its unique and compelling storytelling, is grappling with a box office slump. In recent years, this industry has experienced a surge of hit movies, but in 2023, success at the box office has become a rarity. This shift has raised concerns among filmmakers about the commercial viability of their projects and has left smaller films in a precarious position. Let’s delve deeper into the factors contributing to this decline and the challenges faced by the Malayalam film industry. Thinning Stream of Hits The year…
In a conversation with Sudhanshu Mani the visionary behind Indian Railways’ Vande Bharat trains, , in Deccan Herald, delves into the complexities and aspirations of India’s railway network. From the need for higher speeds to passenger-centric reforms and the prospect of privatization, Mani sheds light on critical issues that are shaping the future of rail transportation in the country. Vande Bharat’s Need for Speed Sudhanshu Mani emphasizes the importance of increasing the average speed of Vande Bharat trains to at least 100 kmph. He explains how these trains, renowned for their acceleration and deceleration capabilities, managed to reduce travel time…