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#The Good, Bad & Ugly Of Demonetization Drive – 3 Case Studies

On the night of November 8th, India witnessed a financial coup, the scale of which was unparalleled in the entire human history. Demonetization of 86% of floating currency in the market meant a huge transformation in the way businesses are being conducted in India. Push for 100% cashless transactions meant that age-old customs had to be destroyed, and new ways required to be learnt in order to conduct any type of business in the country. As the demonetization drive enters 6th week, we present three aspects of this massive movement: The Good, The Bad…

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#4 Major Changes Which Transformed Indian Smartphone Market In 2016!

Smartphones (not just phones) have actually become a major part of our day to day lives. And after the recent demonization move to push cashless economy, the importance and relevance of smartphones have increased exponentially. If you are a tech enthusiast, telecom industry observer or a smartphone user, then 2017 has to be an exciting year for you. If you are wondering why, then here are 4 major changes which Indian smartphone industry witnessed in 2016, which is all set to transform 2017 for Indian smartphone market: India Is Now World’s…

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#Haridwar Court Slapped Patanjali Ayurved With Fine Of Rs 11 Lakh For Misleading Advertisements

Patanjali Ayurved, the shining example of a successful ‘Made in India’ FMCG brand, which is threatening to wipe out existing billion dollar FMCG global biggies, has just experienced its first major public embarrassment. A Haridwar Court has slapped a fine of Rs 11 lakh on Patanjali Ayurved for misleading advertisements, and this judgement can actually pave the way for more such penalties and fines, considering the growing number of consumer complaints against them and other companies which have been dishonest about their advertisements. Why Was Patanjali Fined? A case was filed…

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#Decoded: Why humans lost their penis bone

One of the most weird and wonderful products of evolution is the penis bone, or baculum. The baculum is an extra-skeletal bone, which means it is not attached to the rest of the skeleton but instead floats daintily at the end of the penis. Depending on the animal, bacula range in size from under a millimetre to nearly a metre long, and in shape, varying from needle-like spines to fork like prongs. The walrus baculum, which could easily be mistaken for a 2-ft-long club (60 cm), is around a sixth…

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#Sweden Runs Out Of Garbage, Imports From Other Countries

Sweden has run out of garbage and the Scandinavian country has been forced to import rubbish from other countries to keep its state-of-the-art recycling plants going. Sweden, which sources almost half its electricity from renewables, was one of the first countries to implement a heavy tax on fossil fuels in 1991. Sweden’s recycling system is so sophisticated that only less than 1 per cent of its household waste has been sent to landfill last year. Swedish people are quite keen on being out in nature and they are aware of…

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#Now, Aircel Launches Unlimited Calling to Any Network with Unlimited 2G Data @ Rs. 249/-

When Jio announced their path-breaking unlimited voice calling plans three months back, incumbent operators were in for a jolt. Either they followed suite for perished. Indian Telecom space is now seeing real repercussions of Jio plans now. Last week Airtel announced their unlimited calling plans with bundled data for a price starting Rs. 149. Idea Cellular followed with identical plans and couple of days later Vodafone did it as well! With Big 3 operators announcing unlimited calling plans, smaller operators do have any option, but to announce plans that better, otherwise they risk erosion of…

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#Around 92% of India’s workforce in informal sector have felt the pinch of cash crunch. RBI, are you listening?

Around 8.30 every morning, hundreds of workers arrive at the main bus depot in Noida Phase II, about 30 km from New Delhi. They fan out into the lanes of the neighbouring hosiery complex. With nothing more than a tiffin box in their hands, they begin their daily job hunt. Almost every factory gate has a board proclaiming “Avashyakta hai (wanted)”. It lists the daily requirement of jobbers-tailors, finishers, ‘pressmen’ (as those employed for ironing are called), packers and so on-needed by the 200 small, export-driven garment units in the…

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#World’s first cashless economy : Sweden. It has negative bank interest rates. Can Indian middle class handle it?

Last Sunday Prime Minister in the radio programme ‘Mann ki Baat’, while addressing the country said, he wants the country to have less cash transactions, which will eventually make India a cashless economy altogether. No wonder, he won round of applause from the people. The basic aim of this, he said, is to curb black money and make sure each and everyone in the country pays tax to the government. There is no doubt about Modi’s goodwill. However, before we start paying autowallahs and vegetable sellers in the neighbourhood through mobile…

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#Find some interesting facts about Jio. Its creates a world record by adding 50 million subscribers in 83 days

While we all know how Jio has disrupted the telecom industry in India by offering free voice along with unlimited 4G data offering, many of us are not aware of the feats that Reliance Jio Infocomm Ltd. (RJIL) has achieved in the process. Here are the 5 most interesting facts about Reliance Jio: 1. The Biggest Startup In The World With an investment of Rs. 1,50,000 crore, Reliance Industries Chairman, Mukesh Ambani termed Jio as the biggest startup in the world, in March 2016. “It (Jio) is one of the largest transformational green-field digital…

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#First Cashless City : Goa is going to cashless Effective December 31, 2016

  Goa, the land of magical beaches and relaxed ambiance ill be soon leading the cashless mission of India. Effective December 31, 2016, Goa would become India’s first cashless state. This doesn’t mean that cash would be banned in the state, but more encouragement and push would be provided for its citizens, traders, merchants and businesses to go cashless. Infact, a major educational drive has already been started, whose aim is to educate everyone about the advantages and positives of going cashless. Starting this week, small businesses and local population…

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