In May, the employee was paid Rs 1.42 crore (165,398,851 Chilean pesos) instead of his salary of Rs 43,000 (500,000 pesos). (Representative Image) The rupee touched a record low, sliding near 79 to a dollar, on June 29 as foreign investors continued selling local equities and crude oil prices rose. Experts say the sharp fall of the rupee can be attributed to the strength of the greenback and lower forward premiums, among others. Moneycontrol explains the reasons for the rupee’s depreciation. How much did the rupee depreciate? The rupee opened at 78.85 per dollar and slid to 78.95, an all-time high, during intra-day trade on Wednesday. On a weekly basis, the currency has depreciated 1.2 percent. Close Why is the rupee in a free fall? Central banks led by the US Federal Reserve tightening interest rates globally, increases in crude oil and commodity prices, lower forward premiums and weakening forex reserves are some of the reasons experts cite for … [Read more...] about MC Explains | Will RBI let the rupee adjust to new lows?
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A cybersecurity expert explains why it’s time to get serious about Zero Trust
From keynote presentations at the cybersecurity industry’s biggest events to everyday news headlines, everyone appears to be talking about Zero Trust. The Biden administration has now even mandated it for government agencies. Countless security vendors put it in their marketing materials, but what is it, how did we get to this point, and how do organizations and now federal agencies put it into practice? advertisement advertisement Fundamentally, Zero Trust is a strategic approach to cybersecurity that secures an organization by eliminating implicit trust and continuously validating every stage of a digital interaction. We find implicit trust in many places within the IT infrastructure, such as trusting users sitting at headquarters differently than those working remotely from their home. Imagine if airports only checked your identity when you passed through the initial security checkpoint. Theoretically, once you’re in the concourse, you’d be free … [Read more...] about A cybersecurity expert explains why it’s time to get serious about Zero Trust
Amazon (AMZN) Announces New Fire 7 Tablets
Amazon.com, Inc. ( AMZN ) announced, on May 18, 2022, its next generation Fire 7 and Fire 7 Kids tablets. Available to order now with shipment to begin on June 29, 2022, prices for these devices start at $59.99 and $109.99, respectively. making them ultra-cheap alternatives to the iPad mini from Apple Inc. ( AAPL ), which starts at $449. Exactly what the revenue and profit impact of the new Fire 7 and Fire 7 Kids will be for Amazon is uncertain at this early stage. However, the new Fire 7 promises significant upgrades in functionality for only a small increase in price ($10) versus the previous model, introduced three years ago. While Apple and Samsung dominate this popular market with global market shares of 31.5% and 21.1%, respectively, in Q1 2022, Amazon is in contention with a 9.6% share that puts it in third place. Total units shipped in that quarter were just over 38 million. Key Takeaways Amazon has announced its new Fire 7 and Fire 7 Kids tablets, … [Read more...] about Amazon (AMZN) Announces New Fire 7 Tablets
3 Tips to Get the Most Out of What You Read From Self-Made Billionaire and Stripe Co-Founder Patrick Collison
Ask the most successful people in the world what their secret is and a huge percentage of them will mention reading . But billionaires and founders don't just get through a lot of books (though some of them get through an extraordinary number ) Many of them also have specific tricks and practices to remember more of what they read and leverage that knowledge to improve their lives. Both Bill Gates and Elon Musk suggest working your way from big-picture ideas down to the details of a field by beginning with broad overviews and then digging into more niche titles. Mark Zuckerberg and Barack Obama recommend making time for fiction ( science is on their side ). Tim Ferriss has an elaborate system for annotating the books he reads , while author and economist Tyler Cowen recommends reading "in clusters" and giving up on any book that doesn't grab your attention. And now another billionaire super reader has shared a series of fascinating tips to get the most out of … [Read more...] about 3 Tips to Get the Most Out of What You Read From Self-Made Billionaire and Stripe Co-Founder Patrick Collison
The Smart Traveler’s Survival Playbook For Summer Flight Cancellations
Flying Fourth of July weekend or later this summer? Pack your patience and this game plan. Y ou know travelers are in for a bumpy Fourth of July weekend when airlines and the U.S. government begin pointing fingers at each other in the days ahead of the holiday. For months, travelers have been dealing with above-normal levels of flight delays and cancellations, with airlines chopping more than 15% of scheduled summer flights due to staffing shortages and other operational issues. Unfortunately, experts see more of the same on the horizon. “Looking at the past few weeks, I don't think there's any reason to think that things are going to go especially smoothly this weekend,” says Scott Keyes, co-founder of Scott’s Cheap Flights , an airfare deals newsletter with more than two million subscribers. “With 11 million travelers expected to fly over July Fourth, we are expecting a busy holiday weekend and travelers should be prepared for potential disruptions,” says Hayley … [Read more...] about The Smart Traveler’s Survival Playbook For Summer Flight Cancellations
How The Documentary ‘Below The Belt’ Shines A Light On Endometriosis
Share to Twitter Share to Linkedin Endometriosis can often be a misunderstood and misdiagnosed medical condition, even though it affects one in ten women and 25% to 50% of women who deal with infertility . Making matters more frustrating, endometriosis is sometimes mistaken for other conditions such as pelvic inflammatory disease (PID) or ovarian cysts. It may also be confused with irritable bowel syndrome (IBS). In other cases, 20–25% of patients are completely asymptomatic. It's these concerns, as well as the lack of support and education for women's reproductive health, that the documentary, Below The Belt highlights. The film is directed by Shannon Cohn and exposes widespread problems in our healthcare systems through the lens of four patients urgently searching for answers to mysterious symptoms. From societal taboos and gender bias to misinformed doctors and profit-driven healthcare, the film reveals how millions of people with … [Read more...] about How The Documentary ‘Below The Belt’ Shines A Light On Endometriosis
How Autistic Individuals Can Offer Special Skills To Your Business
Share to Twitter Share to Linkedin Approximately two-thirds of autistic individuals are looking for a job . Autistic people tend to have lower employment rates, and the pandemic has only exacerbated the issue. The unemployment rate for people with disabilities is almost twice the national average . "Today, more than 80% of autistic people are unemployed or are in a low-skill level role that doesn't fully leverage their talent," says David Friedman, Founder/CEO of AutonomyWorks. "High unemployment rates significantly impact these individuals' lives and usually result in inadequate financial resources and limited housing or educational options. These conditions force many autistic adults to rely on government programs or families for basic necessities. Beyond the economic costs, they damage their self-image and a sense of purpose." While not widely known, the autism community is an untapped resource of diverse talent. The real challenge is connecting the … [Read more...] about How Autistic Individuals Can Offer Special Skills To Your Business
8 Books to Read to Celebrate Juneteenth
Juneteenth, on June 19 (marked this year with a day off work for many on June 20), celebrates the day enslaved people in Texas finally learned they had been freed more than two years after the Emancipation Proclamation was signed, and serves as a more general celebration of Black resilience, accomplishment , and joy. It's long been celebrated by Texans and many Black Americans, but if you don't yet have many traditions to mark the holiday (or if you're in the market for more), why not acknowledge the day with a little reading to get up to speed on its history and significance? Fortunately, historians, publishers, and other experts have plenty of book suggestions for entrepreneurs looking to use the holiday off to widen their understanding of the African American experience. Here are eight great options. 1. The Warmth of Other Suns by Isabel Wilkerson Penguin books unsurprisingly touts its own titles as great Juneteenth reads, but this history book is also … [Read more...] about 8 Books to Read to Celebrate Juneteenth
This Is (Probably) The Most Popular Cannabis Content Creator In The World: Meet Dope As Yola
Share to Twitter Share to Linkedin “I recently got deleted off Instagram, again. I had about 4.1 million followers. My Snapchat was number two in the country, not just for cannabis, but in general: It was Kylie Jenner, me and Cardi B. And then they deleted that also. But in terms of sheer numbers online, my watch time is roughly 70 million watch time minutes a month. So I get in a day what some of the biggest cannabis websites get in a month,” explains Thomas Araujo, better known as Dope As Yola, when asked what makes him (probably) the most popular cannabis content creator in the world. To understand how he got there, we need to go back a decade because, as they say, it takes 10 years to become an overnight celebrity. The Real Grinder Thomas “fell in love” with weed at a very young age, even though he recommends people wait until the legal age in their respective jurisdictions to commence their cannabis journey. He remembers first trying the herb the … [Read more...] about This Is (Probably) The Most Popular Cannabis Content Creator In The World: Meet Dope As Yola
Matchesfashion.com’s Series Of Physical Activations Are Paying Off In The U.S.
Share to Twitter Share to Linkedin Inside the Matchesfashion.com space at Frieze New York. Jason Jean/Courtesy of MATCHESFASHION.COM In September 2018, Matchesfashion .com opened its doors to a new retail concept spanning five floors of a townhouse in London's Mayfair district. The store was designed to be a permanent home for the luxury e-commerce retailer's "In Residence" programs, where a constantly rotating schedule of events, trunk shows, dinners, and live-streamed discussions could take place year-round. The year before, it tested this concept through a series of residencies across various cities (New York, Los Angeles, Paris, etc.) where it showcased an edit of looks for the season as well as conversations that were live-streamed to the site. Customers could RSVP online and attend these activations to experience the brand for themselves. The strategy appears to be paying off for the retailer, particularly in the U.S., which is … [Read more...] about Matchesfashion.com’s Series Of Physical Activations Are Paying Off In The U.S.