Tag Archives: Business Research

Business Models Change during Pandemic 2019 – 21 in India – New Focus Areas are Digitization, Remote Labour, Artificial Intelligence, and Machine Learning

According to the saying "If your neighbor gets laid off, it's a recession.  If you get laid off, it's a depression," (courtesy - of Harry S.  Truman).  It is a fact that any drop in economic growth results in ripple effects in society.  Recently, most of the countries had experienced a drop in economic growth due to the impact of Covid – 19.  Technically, a recession is two consecutive quarters of negative growth in the gross domestic product (GDP) which was equally occurred in India also. Thus, Read more [...]

Unified Payments Interface payment and its Growth – UPI Transactions and Growing Accountability in Financial System with Payment Digitization

Unified Payments Interface (UPI) is a mobile app-based payment system that brings multiple bank accounts to one platform. It results in an effortless funds transfer experience which is quite unique in the industry.  UPI combines various banking services, smooth fund routing, plus merchant payments into a single mobile application (of any participating bank). It also handles "Peer Peer" collection requests, which can be scheduled and paid according to need and convenience. UPI was introduced in Read more [...]

Growing Digital payment in India and Its Benefits. Types of Digital Payments in India

Digital payment or electronic payment is a transfer of funds from one account to another through a digital device.  No physical exchange of money is involved in digital payment.  Digital payment is completed with the help of a mobile phone, POS (Point of Sale), or computer, and a digital channel of communication.  In digital payment, both parties use electronic mediums to exchange money.  Payments made via bank transfers, mobile money, and payment cards, including credit, debit, and prepaid cards, Read more [...]

FOREIGN CURRENCY RESERVES AND ECONOMIC STABILITY – BUILDING UP FOREGIN CURRENCY RESERVES AND ITS BENEFITS

The foreign currency reserve is a metric to judge a nation's economic well-being.  Any drop in foreign currency reserve indicates the falling ability of a country to pay for its critical imports. Countries utilize their foreign currency reserves to maintain a fixed exchange rate for their currencies. China is an excellent example since its currency, the yuan, is pegged to the dollar. When China accumulates dollars, it increases the dollar's value relative to the yuan. This reduces the cost of Read more [...]

What is Two-pillar Solution to Tax Challenges Arising from Globalisation – Impacts of Digitization in the Global Economy

On 8 Oct, a group of 136 nations covering 90 % of the world economy agreed to the OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) after months of negotiations. The framework provides a two-pillar solution to address the tax challenges arising from the digitization  and globalisation of the global economy and prevents a race by countries looking to slash tax rates to attract investment. Digitization and globalisation have had a significant effect on economies and people's Read more [...]

Components of Solar Rooftop System and Types of Rooftop Solar Power

Solar PV rooftop systems are known for its ease of installation, low maintenance, and longer lifetime. The systems are financially viable with a decent return of 15% according to project reports.  Rooftop Solar PV has huge potential, and the government policies and regulations are already in place to promote large scale deployment.  Rooftop solar comes as grid based and off grid. Rooftop solar falls under Grid-based when the rooftop consumers are connected to the larger grid that is owned by Read more [...]

Global Automakers’ Challenge to Gain India Market – Ford Motor Company and Automobile Market in India

Ford Motor Company, the world's biggest carmaker will cease its operations in India after 25 years of business in the country.  According to the automaker, it would be difficult to return to profitability in India in the near future, since it incurred a $2 billion loss.  Ford India will close its manufacturing in Sanand, Gujarat, by the fourth quarter (Q4) of 2021, and it will close its Chennai facility by the fourth quarter (Q4) of 2022,  After MAN Trucks, General Motors, Harley Davidson, and Read more [...]

What are the Causes of Chip Crisis – How it Can be Mitigated

The chip shortage has caused much disturbance among the industries since they struggle to meet the increasing demand of electronic products and components.  As of now, the companies are adjusting in their own ways, and most do not expect a resolution any time soon. The chip scarcity as an industry-wide issue that may not be addressed until at least next year, if not 2023, according to market research data.  Chip demand is very strong, and there is no reason to anticipate a sudden oversupply Read more [...]

Recent Chip Crisis and Its Impact in Major Industries – Importance of Chips in Industries

Semiconductor chips widely now as the new oil or gold are made of silicon, which is a strong electrical conductor.  These chips are incorporated into microcircuits, which power wide range of contemporary electronic products and components.  These semiconductor materials are used in all active components, integrated circuits, microchips, transistors, and electronic sensors.  With technological advancements in many industries, semiconductors are literally the "heart" of billions of goods ranging Read more [...]

How to Stop ‘Cell Phone Spying’, Impact of Multiple Apps and Phone Security

Pegasus, of late known as government spyware, has created a stir in the minds of people all around the globe.  The company has accepted that they sold the software to 40 countries or governments. Even if your country is not a subscriber still there are chances that the enemy nations may use it against you since the mobile phones are part of a wider network.  Once such software falls in the hands of wrong people, they can use it against one and all, at free will, without following any laid down Read more [...]