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08/11/2019
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21/08/2019
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16/08/2019
At Red Fort, PM lauds India Inc, says wealth creation is a national service
The country cannot wait much longer for incremental progress, we will have to take a big leap, we will have to change our thinking,' said PM Modi while addressing the nation from Delhi's Red Fort on the occasion of 73rd Independence Day
In a message to India Inc., the Prime Minister said he was committed not only to improving the ease of doing business, but also to improving the ease of living. “Wealth creation is a great national service," Modi said. “The need of the hour is to recognize and encourage the wealth creators of our nation. They should receive more honour. If wealth is not created, wealth cannot be distributed. Further, if wealth is not distributed we cannot uplift the poor sections of our society."
Modi said the government was planning to invest ₹100 trillion on modern infrastructure, which in turn would generate employment. The government has also set ambitious plans, such as Sagarmala (ports) and Bharatmala (roads) to improve transport infrastructure. The total investment for the Bharatmala project was pegged at ₹10 trillion—the largest-ever outlay for a government road construction scheme.
Aspiration was a recurring motif in his speech. “Ordinary citizens are no longer satisfied with just a railway station. They will immediately ask, ‘When will Vande Bharat Express come to our area?’ Their thinking has changed," Modi said. By the 75th year of independence (2022), he said, farmers’ income should double, every poor person should get a pucca house, every family should get electricity connection and every village should have optical fibre network and broadband connectivity, besides the facility of long-distance education.
06/08/2019
Erase CRISIS and Evolve OPPORTUNITIES WITH SUN CAPITAL ☀️
19/07/2019
chandrayaan-2 launch rescheduled to July 22, days after being aborted
Indian Space Research Organisation (ISRO) has announced that India's second Moon mission 'Chandrayaan-2' launch, which was called off due to a technical snag on July 15, is now rescheduled at 2:43 pm on July 22. It will be launched from Andhra Pradesh's Sriharikota. Earlier, the mission was aborted just 56 minutes before the scheduled launch time..
19/07/2019
Amazon overtakes Google and Apple to become the world’s most valuable brand
Amazon has become the world’s most valuable brand this year by overtaking Google and Apple, according to a report. Last year, Google was ranked the top, followed by Apple and Amazon.
The 2019 BrandZ Top 100 Most Valuable Global Brands ranking, released by WPP and Kantar put amazon on top. Smart acquisitions by the brand have led to new revenue streams and combined with the ability to stay ahead of its competitors by offering a diverse eco-system of products and services, has allowed the e-commerce giant to accelerate its brand value growth.
Amazon’s phenomenal brand value growth demonstrates how brands are now less anchored to individual categories and regions. The boundaries are blurring as technology fluency allow brands, such as Amazon, Google and Alibaba, to offer a range of services across multiple consumer touchpoints,” said Doreen Wang, Kantar’s Global Head of BrandZ.
17/07/2019
A career at Sun Capital can bring you face-to-face with some of the fastest-growing startups.
Here we are celebrating Happy World Customer Day.
17/07/2019
एसी सुन्दर दिनचर्या ——————— सोते संवेदना , उठते संवेदना
समय से सोना, समय से जागना
एसी सुन्दर दिनचर्या ।
योग प्राणायाम हर सुबह
और ध्यान सुबह - शाम
एसी सुन्दर दिनचर्या ।
दस पन्ने रोज़ पढ़े पर सेवा रोज़ करे
जाने कब चले जाये
तैयारी में रोज़ रहे
एसी सुन्दर दिनचर्या ।
एक घंटे की सैर
हर घंटे के काम
हर काम का हिसाब
एसी सुन्दर दिनचर्या ।
मुक्ति मेरा लक्ष्य
हर क़दम लक्ष्य की तरफ
एसी सुन्दर दिनचर्या । - सुरेश जैन ( १९/५/२०१८)
17/07/2019
(1) Hackers steal over ₹222 crore from Tokyo crypto exchange.
(2) World Bank court orders Pak to pay $5.8 billion to Tethyan Copper.
(3) Infosys Q1 profit rises 5.3% at ₹3,802 cr, shares hit record high.
(1) Tokyo-based cryptocurrency exchange Bitpoint has suspended its services after it discovered hackers have stolen about 3.5 billion yen (over ₹222 crore) in various digital currencies. About 2.5 billion yen (about ₹159 crore) of the missing currency was customer funds while the rest was owned by Remixpoint, which operates the exchange. Remixpoint said it would compensate customers for the losses
(2) A World Bank arbitration court has ordered the Pakistani government to pay damages of $5.8 billion to Tethyan Copper. The company discovered vast mineral wealth more than a decade ago in Pakistan's Reko Diq. Tethyan said it had invested more than $220 million by the time Pakistan, in 2011, refused to grant them the mining lease needed to keep operating.
(3) India's second-largest IT services firm Infosys has reported a 5.3% year-on-year rise in profit in the quarter ended June at ₹3,802 crore, beating market estimates. The company's shares rose by 7.2% on Monday, hitting an all-time high. Its first-quarter revenue grew by 14% to ₹21,803 crore from the year-ago
11/07/2019
Deutsche Bank Planning to Close Most Asia Equity Businesses
Deutsche Bank is planning to shutter the majority of its equities business in the Asia-Pacific region as part of a restructuring to be announced as soon as Sunday, a person with knowledge of the matter said.
The Frankfurt-based lender expects to stop offering trading of cash equities, equities research and may no longer underwrite initial public offerings in the region, the person said, asking not to be identified as the matter is private.
As many as half the Asia equities staff will leave initially and the remainder later this year, the person said, adding that the final decision depends on the bank’s supervisory board meeting on Sunday. The lender may keep its margin lending business, the person said.
05/07/2019
Finance Minister Nirmala Sitharaman has announced that public sector banks will be provided with ₹70,000 crore additional capital to improve the availability of credit to the economy. Sitharaman said that bad loans have reduced by ₹1 lakh crore in the last one year. She added that ₹4 lakh crore of bad loans have been recovered over the last four years.
03/07/2019
What's next for India?
"India still continues to be the fastest growing economy and demonetisation had no effect on the Indian economy" - Nirmala Sitharaman
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