” You may not realize it, but artificial intelligence is all around us .” – Judy Woodruff, American writer and journalist. In the early period of 21st century, no one could have even imagined of an account opening or credit offtake in one`s fist, with...
There was a time when people used to seek permanent jobs. Of late a new workforce culture has evolved namely gig economy where both the job seeker and employer mutually agree for a short term contract. The gig economy comprises of part-time workers and freelancers constituting a labour...
Insurance business in India has its roots 150 years deep with establishment of Oriental Life Insurance Company in Kolkata in 1818. LIC was established in 1956 whereas General Insurance Corporation was established in 1971 and commenced its business in 1971. There are basically two types of insurance...
The time value of money (TVM) is the concept that money available now is worth more than the same amount of money available in the future due to its potential earning capacity, provided the rate of interest is positive. ₹ 100 today may not be equivalent to ₹ 100...
YEAR 2019: Say you get 1 kg mangoes for ₹ 100 YEAR 2020: The same 1 kg now costs ₹ 110 INFLATION in 1 Year Inflation = ₹ 110 – ₹ 100 = ₹ 10 Or (10/100)*100 = 10% So, inflation is the...
Compounding is also called ‘Interest on Interest’. In compounding, the benefit is that the interest earned is added to the principal and re-invested, therefore earning interest on the principal plus interest. And when this compounding takes place over a long duration, the return become much higher...
You take a Loan of Rs. 100 from the bank for 1 year. And the bank says you have to pay 10% Simple Interest* per...
Internet of Things (IoT) is simply explained as a network of Internet connected devices which are installed on and are able to control mechanical, electrical and electronic equipments. They have the capacity to make things viable which many of us have only daydreamed about. To have a better...
वर्ष 2020 की रिपोर्ट के अनुसार भारत में रोज़गार प्राप्त कर्मचारियों की संख्या 501 मिलियन है, जिसमें 41% कृषि, 26% उद्योग और 32% सेवा के क्षेत्र में कार्यरत हैं। इनमें से 94% से अधिक असंगठित उद्यमों में संलग्न हैं, जिनमें सड़कों पर अस्थायी दुकान लगाने वाले फुटकर विक्रेता और...
Blockchain and Bitcoin are twins is a fact that is known to a very few, later being the buzzword of recent past and former is the technology behind. Satoshi Nakamoto the pseudonym behind the origin of Blockchain Technology, remains incognito as to whether he is a particular person or...