Author: News Desk
The American business magnate Warren Buffett is an inspiration to millions. Now, social media is abuzz with a video of Buffett from 1994. The video shows his advice for investors while buying stocks, houses or businesses “Don’t ask the barber whether you need a haircut”, goes his advice. The video also features his longtime partner Charlie Munger. They share their experiences in business Buffett is seen exhorting the audience to develop their own insights. “You don’t have to do exceptional things for exceptional results,” he says. “The main thing to do is to avoid being wrong” Buffett purchased his first…
Apple Inc to focus more on India for production. It may make one out of four iPhones in India by 2025. About 5 percent of iPhone 14 production will shift to India by late 2022. About 25 per cent of all Apple products to be manufactured outside China by 2025. It is due to the geo-political tensions and pandemic restrictions. Apple started iPhone assembling in the country in 2017 via Wistron and Foxconn.
YouTube introduces advertising in Shorts. It is a new way for content creators to make money. Creators would get 45 per cent of the ad revenue. For other videos, YouTube’s standard distribution is 55 per cent. YouTube is currently facing fierce competition from TikTok. TikTok recently set aside 1 billion for creators.
The Indian government is striving to make its telecom sector the best in the world. As part of improving the digital regulatory system, the government would bring more legislation, said telecom minister Ashwini Vaishnaw. He also talked about the draft Indian Telecommunication Bill, 2022, which covers satellite-based communication services, internet-based communications, in-flight and maritime connectivity services, interpersonal communications services, and machine-to-machine communication services. The proposed bill would regulate over-the-top (OTT) communication apps like WhatsApp. It would require apps like WhatsApp and telegram to obtain a licence from the government. Currently, OTT communication apps do not require any permit. Telcos are in…
From 14 cities, Amazon has increased its four-hour delivery service for Prime members to more than 50 significant cities and towns nationwide. Amazon will ship products from a variety of categories, including wireless, consumer electronics, books, toys, media, kitchen, luxurious, sports, video games, and personal care products, among others. In 2017, Amazon debuted its same-day delivery service. Specialized facilities that carry out these orders are placed in key locations across the city to ensure prompt delivery. These specialized structures are situated nearer to clients and are optimized for quicker click-to-delivery times. According to the business, these new facilities are centrally…
As the expanding middle class in Asia’s third-biggest economy increases spending on food and drinks, Nestle SA, the world’s largest food company, will invest 5,000 crore to establish factories and research centres in India until 2025, according to chief executive Mark Schneider. Schneider, who was on a week-long visit to India, one of the top 10 markets for the Swiss company, said the increased investments will also be used to develop brands. Nestle is increasing its focus on India, the country with the strongest economic growth worldwide, as it struggles with weak demand in Western markets plagued by decades-high inflation.…
The Reserve Bank of India (RBI) recently introduced UPI Lite to take the digital payments experience to the next level. The move is expected to make digital payment more convenient to users when it comes to low-value transactions. As per the data of the National Payments Corporation of India (NPCI), low-value transactions happen more in India. With UPI Lite, users can make small-value transactions even without the internet. It will cut down the debit load on the core banking system. How to use UPI Lite? Using UPI Lite, feature phone users can access UPI networks and make digital payments straight…
Because the window automated reversal mechanism may not respond appropriately after sensing an obstruction, increasing the risk of harm, Tesla is recalling almost 1.1 million US vehicles. The manufacturer of electric vehicles informed the National Highway Traffic Safety Administration (NHTSA) that it will update the automatic window reversal system’s software over the air. Some Model 3, Model Y, Model S, and Model X vehicles manufactured between 2017 and 2022 are included in the recall. According to Tesla, there have been no field reports, warranty claims, accidents, injuries, or fatalities related to the recall. According to Tesla, starting on September 13,…
At the conclusion of its two-day event, which drew more than 300 young change-makers from around the world, the Bill and Melinda Gates Foundation announced new financial assistance totaling USD 1.27 billion to combat poverty and social inequality. The Foundation’s annual Goalkeepers report, which noted that nearly every indicator of the UN Sustainable Development Goals is off track for achievement by 2030, was released more than a week prior to the announcement of the cash commitment. Despite these obstacles, the report emphasised ways to speed up progress by funding long-term fixes and novel strategies for pressing problems like poverty, inequality,…
Many investors have gained fortunes thanks to the booming initial public offering business in 2021, as over 60 companies listed on exchanges during the year. Latent View Analytics and MapmyIndia were two IPOs that generated enormous returns for investors. Many investors and promoters profited from the bull run in Indian equities that lasted from mid-2020 till late 2021. The IPO craze is finished, according to analysts, and things may quiet down for a while. Even AV Venkatraman, 52, the chair and executive director of LatentView Analytics, entered the list of India’s richest men thanks to the IPO boom. According to…