The plights of the traditional unorganised and informal co-living sector are plenty Mark Twain once famously said: “Buy land, they’re not making it anymore.” Real estate is one of our most scarce resources. As per IBEF’s Real Estate Report (November 2020), the real estate sector in India is expected to reach US $ 1 trillion by 2030. By 2025, it will contribute 13 percent to the country’s GDP. The residential segment contributes nearly 80 percent of the real estate sector and the demand concentrated in metro cities constantly outmatches supply since India’s urban housing pyramid is a skewed one with the largest proportion of the population being under-served due to issues of affordability. The metro cities in India have witnessed rapid growth in-migration, which has put considerable pressure on the existing rental housing set-up which itself was not historically designed in order to cater to the demand. With more millennials entering the workforce and contributing towards a … [Read more...] about Future of co-living in India after COVID-19: 3 crucial factors
India human development index
Human activity is leading to more disasters: UN report
Representative image Human activity is contributing to an increasing number of disasters, with 350 and 500 medium-sized or large disasters a year occurring globally in the past two decades and more frequent events expected, according to a UN report. The number of disasters - many of them weather-related such as fires and floods, but also other hazards such as pandemics or chemical accidents - could reach 560 a year, or 1.5 a day, by 2030, putting millions of lives in danger, the UN Office for Disaster Risk Reduction (UNDRR) said in its global assessment report. Climate change is causing more extreme weather events, it said, adding humans have made decisions which are too narrow in focus and have been over-optimistic about the risk of potential disasters, leaving them unprepared. The impact of disasters has also been heightened by growing populations in areas more prone to natural catastrophes, the report said. "The world needs to do more to incorporate disaster risk in … [Read more...] about Human activity is leading to more disasters: UN report
Storyboard18 | P&G India renews commitments to diversity and inclusion at #WeSeeEqual summit
Sharat Verma, CMO, Procter & Gamble India. (Image: CNBC-TV18) Procter & Gamble India announced new commitments aimed toward advancing equality and inclusion across India, at its third annual #WeSeeEqual summit. Built on the theme ‘#Unlearn and #Unleash’, the summit saw P&G India commit to several actions. P&G India will improve the accessibility of its brand advertising, including social media content and websites, by making it accessible to people with vision and hearing impairments by 2024. “I think by 2024-25 we should have all of our content accessible and inclusive. We are also on a journey to explore more ways and mechanisms to do this for other touchpoints. We have also made early progress; for example, Ariel and Tide are accessible to people with colour blindness. We are also working towards audio descriptions and captions in our advertising commercials,” says Sharat Verma, CMO, Procter & Gamble India. P&G India also announced that it will … [Read more...] about Storyboard18 | P&G India renews commitments to diversity and inclusion at #WeSeeEqual summit
India bans wheat exports as heat wave hurts crop, domestic prices soar
MUMBAI -- India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs". The move to ban overseas shipments was not in perpetuity and could be revised, senior government officials told a press conference. Global buyers were banking on supplies from the world's second-biggest wheat producer after exports from the Black Sea region plunged following Russia's Feb. 24 attack on Ukraine. Before the ban, India had aimed to ship a record 10 million tonnes this year. The officials added that there was no dramatic fall in wheat output this year, but unregulated exports had led to a rise in local prices. "We don't want wheat trade to happen in an unregulated manner or hoarding to happen," commerce … [Read more...] about India bans wheat exports as heat wave hurts crop, domestic prices soar
Formidable Human-AI Relations Can Accelerate Sustainability Efforts
Share to Twitter Share to Linkedin AJ Abdallat is CEO of Beyond Limits , a leader in artificial intelligence and cognitive computing. Artificial intelligence (AI), machine learning (ML) and similar digitalization solutions are modifying the way the world's most influential companies and industries — as well as entire cities — function every day. When working in harmony with humans, AI and other automation systems have the potential to make huge impacts on economic growth across the globe, going so far as to support solving humanity's most critical roadblocks, from streamlining energy production to improving grid systems and achieving more sustainable operations for nearly every major industry on Earth. As the CEO of an AI company making advanced digitalization software products and solutions, the paradigm of enabling people and AI to work together on achieving more sustainable operations is always top of mind; its importance cannot be curbed. As we … [Read more...] about Formidable Human-AI Relations Can Accelerate Sustainability Efforts
Because I’m happy…
Community means everything when it comes to mental health and happiness. (Representational image: Phil Nguyen via Pexels) What we think will make us happy: Money, fame, more money, more fame… What makes us happy: A toddler niece calling our name. Strong Wi-Fi. Humming a song… What we think will make us happy versus what currently gives us a buzz are stored in two very separate files. Which is why the seemingly simplistic findings of one of the longest studies undertaken by Harvard – that it is relationships that delight us most of all – carries a ring of home truth. This is what ‘The Study of Adult Development’ found after its long research over 80 years: happiness lies in relationships. Close ‘When the study began, nobody cared about empathy or attachment. But the key to healthy aging is relationships, relationships, relationships,’ says George Vaillant, one of the psychiatrists who led the study during an earlier period. The repeat of the word … [Read more...] about Because I’m happy…
When risk premiums are high, vertical spread is the way to go: Shubham Agarwal
Options are great instruments to dodge the risk. With a capacity to create a pay-off where there is no limit on the amount of money you can make but there is still comfort on the potential loss. It always stays limited to the premium we pay. However, for getting this kind of comfort we do have to be careful about a few things other than just the price movements. If you are guessing about Time, you are right but that is not it. Yes, we do have to make sure that we execute the entry and exit in a timely fashion so that the decline in premium that certainly happens with the passage of time does not hurt us. Here we are talking about one more aspect. That aspect is the risk premium. Option premiums do rise or fall with absolutely no change in Price or Time also. This happens when the assumption of risk among option traders, especially option sellers, goes up. Taking the recent example of Nifty, we saw a down move in Nifty in recent weeks. As a result, the risk of falling rose … [Read more...] about When risk premiums are high, vertical spread is the way to go: Shubham Agarwal
Jet Airways’ Sanjiv Kapoor asks employees to work on five ‘foundation blocks’ in next few months
Sanjiv Kapoor Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sanjiv Kapoor, the newly-appointed chief executive of Jet Airways , in a letter to his employees has asked them to work on 'five foundation blocks' in the next few months before the re-launch of the airline. In his letter on May 13, Kapoor said that his 'five foundation blocks' to focus on were securing Air Operator Certificate, buying new aircraft, having robust systems and processes to support operations, securing slots, and building a new team of employees. ALSO READ: Home Ministry grants security clearance to Jet Airways "Securing the Air Operator Certificate (AOC) at the earliest is our top priority right now," Kapoor said, adding that Jet Airways will be conducting its proving flight very soon. He added that the airline will look to return to the … [Read more...] about Jet Airways’ Sanjiv Kapoor asks employees to work on five ‘foundation blocks’ in next few months
Web3 gaming could provide better monetisation opportunities, say top Indian gaming founders
(Image Source: Shutterstock) Web3 gaming could provide potentially better monetisation opportunities for game developers in India, the country's top gaming founders said in a panel discussion on May 5. Web3 is dubbed to be the next iteration of the Internet, which will be decentralised and run on blockchain. "Monetisation on games has been a challenge in the India market, even in a freemium model, except for a few top grossing games. The in-app purchase (IAP) conversions has been low and eCPMs (effective cost per thousand impressions) have been fairly low. I think web3 is providing a completely different set of monetization opportunities with potentially higher ARPU (average revenue per user)" said Nazara Technologies founder Nitish Mittersain in the panel discussion held at IGDC Blockchain Gaming Summit in Bengaluru. Apart from Mittersain, the panel consisted of Mobile Premier League co-founder Sai Srinivas and JetSynthesys founder Rajan Navani. It was moderated by … [Read more...] about Web3 gaming could provide better monetisation opportunities, say top Indian gaming founders
Colleges Should Become Full-Stack Writing Institutions
Share to Twitter Share to Linkedin Besides prank calls , my college roommate Dave’s greatest passion is looking for bad writing in the Yale Daily News . As America’s Oldest College Daily is the reigning champion of non sequitur conclusions, it’s not an onerous search; the worst (or best) part of YDN articles is usually the last sentence. Here are some recent winners: April 29 article on eugenics in Yale curricula . Last sentence: “The Yale School of Public Health is located on 60 College St.” April 29 report on delay in payment of Yale summer stipend : “The Yale Center for International and Professional Experience is located at 55 Whitney Ave.” November 15, 2021 report on scandal and lawsuit at Yale Law School : “The Yale Law School is located at 127 Wall St.” Don’t fret, because YDN ’s formula for ending articles extends from where all the way to when: April 29 article on rally by Students Unite Now (SUN) group : “SUN was … [Read more...] about Colleges Should Become Full-Stack Writing Institutions