Why economy of India is slowing down???

India is one among the world’s fasting growing economies. It had been touted as an economic and geopolitical counterweight to China. But recently its growth fell to its slowest pace in six years. Investment has weakened, and unemployment has risen. So what’s causing the slowdown, and how can it be reversed? Since the turn of the century, India’s economy has grown at a rapid rate, helping transform the country. Between 2006 and 2016, rising incomes lifted 271 million people out of poverty, meaning the proportion of Indians still living in poverty has fallen dramatically, from around 55% to twenty-eight . Access to electricity has also improved. In 2007 just 70% of the population had access to power. By 2017, that grew to nearly 93%.

More recently, the Indian government constructed around 110 million toilets — a huge step towards better sanitation designed to prevent the practice of open defecation. It’s a signature program of Prime Minister Narendra Modi, known as Swachh Bharat, or Clean India. All this development has been supported by a booming economy, but as lately , that expansion has begun to run out of steam. In the third quarter of 2019, India’s economic output grew by 4.5% – making it the primary time the country’s growth dipped below 5% since 2013. For context, 4.5% growth remains much above that of developed economies just like the U.S., But with 12 million Indians entering the workforce per annum , economists say the country needs annual growth rates to remain above nine percent to make sure there are enough jobs. So, what’s causing this recent slowdown? Well, officialdom argue turbulence in international financial markets is guilty.

Political uncertainty and U.S.-China trade tensions mean confidence levels among investors and consumers everywhere have sunk. The United Nations has even warned that a global recession in 2020 is now a “clear and present danger”. But back to India – many economists say the country’s growth problems are literally self-inflicted. One obvious culprit is the shadow banking sector. During the 2000s, India saw an investment boom. It was fuelled by state banks dispensing a load of loans for giant infrastructure projects. But some of the companies taking advantage of these loans couldn’t keep up with the repayments. That meant the state banks weren’t getting paid back and therefore struggled to give out new loans. To keep business moving, shadow banks stepped in. These financial institutions, which operate like ordinary commercial banks but don’t follow traditional banking rules, eventually made up an estimated third of all new loans nationwide. The loans played a pivotal role for the millions of small businesses and consumers who would otherwise have no access to credit. But in 2018, shadow banking giant Infrastructure Leasing & Financial Services, defaulted on its debt repayments. Its collapse sent shockwaves through the economy and shook up more traditional banks that had supported the world.
It became harder for people to shop for expensive items like cars. That hurt India’s automotive industry, which is one among the country’s biggest. It employs about 35 million people and makes up about 7% of India’s GDP. Last summer, the industry suffered its worst sales performance in nearly 19 years, and reports suggest tens of thousands of workers are laid off. The agriculture and construction sectors have also been hurting, with small and medium businesses being hit the hardest. The country’s percentage has been on an overall upward trend since July 2017, rising several percentage points to 7.7%. Higher unemployment means consumers are buying less, resulting in the unfortunate cycle of slower manufacturing, production, investment and job creation.

A survey from the Reserve Bank of India found consumer confidence has fallen to its lowest level in five years. But Indians still have a positive outlook for the longer term , with most consumers expecting to feel more optimistic during a year. However, if things don’t improve, debt could become another issue. Expecting better days ahead, many households have continued to spend, by taking out loans and dipping into savings. Household savings as a proportion of GDP has fallen from 23.6% to 17.2%. Meanwhile, household debt has surged to 10.9% during the same period. Critics say the govt in New Delhi has did not spot these risks and hasn’t done enough to urge the economy moving again. The Reserve Bank of India’s former governor Raghuram Rajan recently blamed the lack of significant reforms and a slowdown in investments since the global financial crisis. Even the country’s chief economic advisor recently admitted reforms are needed to form India more friendly to investors.
India has cut its corporate rate , but labor and land laws are still extremely strict. He also says the country must become pro-market, instead of just pro-business, to avoid costly government bailouts of failing sectors. But not all reforms have been good to the economy. In 2016, Prime Minister Modi tried to crack down on corruption, counterfeits and evasion by banning high value bank notes. In one night, the cash ban made 86% of all cash invalid. Three years later, many analysts say the policy disrupted the economy and did not achieve many of its original goals. In 2017, a replacement nuisance tax placed small businesses struggling and a few of them were forced to shut . In mid-2019, India’s government introduced a controversial new tax on foreign investors. Consequently, India’s stock exchange suffered its worst July performance in 17 years. Just one month later, the measure was scrapped.
The government has now refocused its efforts on international trade and investment, and thus the recent changes to the corporate rate could indeed help attract businesses and investors to India. But if the country wants to be a part of the world’s largest supply chains, it’ll need low and consistent tariff levels to encourage outsiders to take a position for the long term.

The country’s shifting export policy has harmed several of its largest industries, particularly clothing. India’s share of the worldwide apparel market has increased only slightly within the past 20 years. And though the Indian workforce is vast, both Bangladesh and Vietnam now export more. On top of that, the country’s import tariffs on the average are much above the world’s biggest economies. They’re also among the highest of the world’s emerging economies. Even U.S. President Donald Trump has called for the country to bring down its duties.

Has India’s growth actually slowed the maximum amount as we think? The government’s former chief economic advisor Arvind Subramanian caused a good little bit of controversy in June 2019, when he claimed the country’s official stats probably overstated GDP growth by 2.5% from 2011-2012 to 2016-2017. He says the bottom line is that India never recovered from the global financial crisis. The government denies this. But none of this has hurt Prime Minister Modi at the polls – he won by a landslide in the most recent election. So how will he keep his promise and double the dimensions of the economy by 2025? Many economists insist a well-explained economic vision would help. As would more long-term investment, better skilled workers and enhancements to infrastructure. It may not matter who or what’s responsible for India’s recent economic challenges, but bottom line – India’s economic process must recover , and fast.

India will have an Important role in scaling up vaccine production: PM Modi.

As the whole world is waiting for discovery of corona virus , the next big challenge in front of world is large scale production of vaccine so that it is feasible to common man.India is going to play major role in vaccine production as it has past experience as well as skilled doctors. India is responsible for providing 2/3 of world’s children with vaccine.

Prime Minister Narendra Modi, in his inaugural address at the India Global Week 2020, said that India will play an important role in developing and in scaling up production of the vaccine once it is discovered.

“Vaccines made in India are responsible for 2/3rd of the vaccine needs of the world’s children. Today also our companies are active in international efforts for development and production of #COVID19 vaccine. I’m certain that India will have an important role in developing and in scaling up production of the vaccine once it is discovered,” PM Modi said.

Speaking on India’s economy, PM Modi said, “India remains one of the most open economies in the world. We are laying a red carpet for all global companies to come and establish their presence in India. Very few countries will offer the kind of opportunities India does today.”

“The pandemic has once again shown that India’s pharma industry is an asset not just for India but for the entire world. It has played a leading role in reducing the cost of medicines, especially for developing countries,” the Prime Minister said.

He also further said that India will lead world in the path of revival post corona virus pandemic in terms of economic as well social development.India is power house of young talents may it be technological or scientific or doctors field.

World over, you have seen the contribution of India’s talent-force. Who can forget the Indian tech industry & tech professionals. They have been showing the way for decades. India is a power-house of talent that is eager to contribute. In these times, it is natural to talk about revival. It is equally natural to link global revival and India. There is faith that the story of global revival will have India playing a leading role,” PM Modi said.

Hope there will be discovery of vaccine soon and life comes back on track.

Amazing Router Efficiency Conversion – $60 to $600 : Big Exclusive >>>>>>>

A computing device which provides the networking path for transferring data packets between computer networks is called as router. It executes the traffic directing operations over the internet. The basic functionality of routers in any network can follow certain steps-

Data sent via the internet like a webpage or email.
Formation of data packets.
Packets has dispatched to destination routers through internetwork.
Acknowledge sent by destination router to source router that packet has received or not.

If we talk about routers engineering mechanism, so firstly consider the supported router like Linksys WRT54GL wireless router associated from Newegg company and follow the upgradation instructions which is quite specified for this router. Therefore, you should check the generic DD-WRT v23 SP1 mini firmware version locations. Then, you should cross check the generic DD-WRT v23 SP1 standard firmware version locations. If everything looks good, so go ahead to next assignment.

ROUTER UPGRADATION

Now a day, all the new routers which are sold is the WRT54G router and contains v8 version. Earlier router version can’t work appropriately due to lack of product and security support.

If we talk about WRT54G v8 router (Version 7 not supported) and if we want to work with v7 version, we ought to be replace version 7 file directory into version v8 directory. If you are going to browser checking status, so use Mozilla firebox latest version. Then run the installation setup if any problem occurs.

There are important guidelines to handle text lines which is given as below-

At the beginning of functionality toolbar, go to the command prompt window and type ipconfig / all. Register this default gateway and subnet mask. Then go through the two DNS address verification. When you configure the IP address manually on your system to 192.168.1.100 according to the instructions. Default 4 number setting is essential.

Please don’t mismatch the required details when you do the tftp that you required in this folder that involves the downloaded dd-wrt.v24_micro_wrt54gv8.bin file.

Finally, rewind about the wired router connection and download both extensions i.e. vxworkskillerGv8.bin and dd-wrt.v24_micro_wrt54gv8.bin before you proceed away.

Restart your laptop back to receiving IP address through DHCP rather than inbuild configuration wherever instruct systems. You will achieve the accessibility that DD-WRT micro install through 192.168.1.1 with the login Id root and password is admin. For this Conversance, you should install the proper DD-WRT standard.

By the way, you can’t move ahead with WRT54G v7 and v8 because Linksys downgraded don’t allow the physical memory in recent models. So, micro requires improvement over the simple Linksys firmware.

BOOST WIRELESS SIGNAL

After completing the firmware upgrade, my wireless signal is much compatible boost (needed for any signal increasing magnitude). Matching some trivial composition.

If we move to wireless tab, then to advance settings. The following processing steps is given as below-

Find the entry labelled Xmit Power, which is set by inbuild at a paltry 28 mW.
It can be set up to 251 mW.
251 is obviously greater than 28, so opt in the 251 mW.

The DD-WRT systematically advised that “safe expansion of up to 70 would be sufficient for most users”. You should not create anything hyphen and modification with overheating your router. It could reduce the life span of router and mitigates its progression. Hence go ahead and change the Xmit power to 70 and click the save setting details at the bottom of the page.

I can’t observe that the signal improvement has devasted things for everyone. Signals can be excessed to full bar pretty.

THROTTLING BANDWIDTH by OPERATIONS

Mostly routers can process the bandwidth request for same region, your new $600 router is on the way. If we talk about Quality of Services rules, priority should be given to interactive traffic medium like VoIP, web browsing and gaming. If you talk about the thrashing the traffic source that doesn’t depends upon steady rate of bandwidth i.e. P2P programs.

You will acknowledge that the network can be mitigated even if your network is getting clogged and file sharing will create impact on it. You should ensure that enough bandwidth has left out through propagation channels. If we want to release memory from Skype out phone calls, so obliged it.

Router has created greater sustainability operation through any medium, so conversion is quite simple. You can consider DD-WRT as a bad flash memory cell but minimize its radiation hardening to control it in any channels. Your router should provide the security from any hacking network and foundation of network security protocols.

Router Conversion rate can create huge impact in the field of bandwidth reuse phenomenon and frequency exhaustivity can create severe damage in router networks. Hence conversion of $60 router into $600 router network can quite demolished and got out of comfort area and specialities.

Kabaddi- The new World Sports!!!

Kabaddi is played on a 13×10 meter court and is separated into two halves by a midline. The game is played between two teams made up of seven players each. The teams alternate between raiding and defending. The raider’s objective is to go to the other half of the court, tap one or more of the defenders and return safely within 30 seconds. However, the raider must start repeatedly saying “kabaddi” before he crosses the midline and can’t stop repeating this word until he crosses back over to his team’s side. If he stops saying “kabaddi” on the opponent’s side of the court, even for a split second, he is out. He picks up one point for each defender he touches, but he must also avoid being tackled to keep the points.

This is difficult as he can face between one and seven defenders at the same time. The defenders have to work together as a unit, avoid the raider’s tap and failing that, stop him from returning. Defenders get one point for a successful tackle. Any player that steps or is forced out of the court is then eliminated. UP Yoddha represents the northern state Uttar Pradesh. The team is in its second season in the Pro Kabaddi League and Rishank Devadiga is the team’s captain. So, kabaddi is all about a body contact game. It’s basically like a rugby game. You have to be strong, you have to be fit, mentally fit and also agile on the mat. In one of interview they were asked when, what’s the atmosphere like? How much pressure was there on him as captain?… He replied, Pro Kabaddi started they were told to face the camera, the audience, and everything. It was a bit nervous at the start, but then they enjoy the atmosphere, enjoy the matches.

Kabaddi as a professional sport is a relatively new thing. Until recently, it’s been seen as more of a hobby only played outside the cities. Kabaddi was looked as a rural, rustic sport. It was a sport that was not embraced by urban India, completely overlooked the sport. The settings of the sport was such that it used to be played on dusty bowls. Kabaddi on television? Completely unheard of, “Why would somebody watch it? How are they going to present it?” And that was what aggregated people to come and sample the sport. In other sports, in cricket, for example, you have to wait for a four, or a six, or when a wicket falls. That is the high point. In soccer or football, it’s a goal, similarly in hockey. In kabaddi, every 30 seconds is a high point. It has got the potential of either being a successful raid or being a successful tackle.

The idea behind the Pro Kabaddi League or PKL started back in 1994. However, it wasn’t until 2014, 20 years later, that a broadcaster, Star Sports, came on board. The Pro League, now in its fifth year has seen considerable growth in both investment and audience numbers. From 2016 to 2017, the PKL increased its viewership in India by almost 100 million. And while it’s still second to India’s premier T20 cricket competition, the Indian Premier League, domestically, the Pro Kabaddi League is more popular than the Fifa World Cup, one of the world’s most- watched sporting events. Investment in the league has also increased. In 2017, Star Sports signed the biggest sponsorship deal in India for a non-cricket sport, worth more than $40 million. As a result player salaries have also increased. Following the 2016 player auction, the highest paid player was on just under $130,000 This year it’s $210,000. For team owners and stakeholders in the sport, more investment will help attract more young players to the game. What ultimately a sport stands on is, what does it do for its players? So, what we have been able to do is to make kabaddi athletes aspirational for sports lovers in India. Player salaries have gone up and they definitely see themselves in the front line of the committee of sports persons in India. Which means that increasingly being a kabaddi athlete will become a viable career. That is at the heart of any sport. There are also signs of the sport growing outside India. At this year’s Asia Games neither the men or women’s India kabaddi teams won gold, and the men’s team didn’t even make it to the final. Something that caught the world’s attention. Of course, we are the country who lost, which is bad for a fan, but then for our game of kabaddi, it’s an ultimate manifestation of how the game is growing.

The Development of Periodic Table

Periodic Table of Elements Wall Chart (2020) on Spring Roller with ...

What is a Periodic Table ?

Periodic Table is a tabular arrangement of elements, based on their electronic configurations, increasing atomic number and chemical proper

Need of Periodic Table ?

The periodic table is important because it is organized to provide a great deal of information about elements and how they relate to one another in one easy-to-use reference .It describes the atomic properties of every known chemical element in a concise format, including the atomic number, atomic mass and relationships between the elements. Elements with similar chemical properties are arranged in columns in the periodic table.

History of Periodic Table

Dobereiner’s Triads – When elements are arranged in the order of their increasing atomic masses, the atomic mass of the middle element was approximately the average of the atomic masses of the other two elements. Eg – Li(6.9),Na(23),K(39)
Newlands’ Law of Octaves – According to this ‘when elements are placed in order of increasing atomic masses, the physical and chemical properties of every 8th element are a repetition of the properties of the first element.’

Limitations of NewLands’ law of Octaves –

Newland could arrange elements only up to calcium, out of the total 56 elements known.
Same Elements were arranged in 2 slots which differed in property.
Law of octaves was applicable only upto calcium (only for lighter elements)

Mendeleev’s Periodic Table –Mendeleev believed that the atomic mass of an element was the most fundamental property in classifying elements. He arranged elements in the increasing order of their atomic masses and observed that the
elements showed repetition after certain intervals in their physical and chemical properties.

Merits of this arrangement –

Vacant spaces were left for undiscoverd elements like eka-aluminium and eka- silicon.
Left Space for Noble Gases
Mendeleev’s periodic table was predicted properties of several undiscovered elements on the basis of their position in Mendeleev’s periodic table.

Demerits of this arrangement :-

A correct position could not be assigned to hydrogen in the periodic table.
Position of Isotopes was ambiguous.
At certain places, an element of higher atomic mass was placed before an element of lower atomic mass.

Modern Periodic Table – In 1913, Moseley, a student of Mendeleev, showed that the periodicity was a property of Atomic Number and not Mass Number.Modern periodic table is based on atomic number of elements.

Advantages of Modern Periodic Table –

All elements are fundamentally arranged according to their atomic number. So it becomes easy to understand and compare their properties, thereby making it easier to remember the position of the elements
The position of the elements in the periodic table makes it easy to predict and compare their properties, and explains the reason for their specific position in the periodic table
It gives explanation for the periodicity of elements and tells the reason why all elements in a group having similar properties, which differ between the gropus and periods
Positions of isotopes are taken care of within the element itself, unlike in Mendeleev periodic table.
In the Modern periodic table, the metals, non-metals, transition metals, gases are separately placed in a specific location with a specific identity.

Interesting facts that will surely make you think twice.

In this universe, there are many interesting facts that will blow up our mind and make us think twice about them.As it is said change of subject is rest of mind ,Knowing about interesting facts help us in relieving stress and keep mind updated, as such in this crisis times let us be worry less and tension free and explore some of the interesting facts:

1.It can take a photon 40,000 years to travel from the core of the sun to surface, but only 8 minutes to travel the rest of the way to earth.

2.It would take 1.2 million mosquitoes,each sucking once to completely drain blood of average healthy human.

3.Dead people can get goose bumps (Scary).

4.Kumbh Mela gathering is visible from space.

The 2011 kumbh mela was the largest gathering in world with over 75 million piligrims. The gathering was so huge that it was visible from space.

5.Brain information travels up to an impressive 268 miles per hour speed and its capacity is virtually unlimited.

6.a woman jumped off from 86th floor but wind pushed her back. She survived(wow , wind power).

7.Believe it or not That most of the oxygen on earth doesn’t come from trees. It’s comes from plankton(animal) in the ocean.

8.There isn’t a single bridge across amazon river.

9.Trees can send secret warning signals to other trees about incoming insect attacks (weird but true).

10.400 million years ago ,the earth was covered with mushrooms, that were 8 meters tall !!! (just imagine)

Hope the facts were amazing and made readers amused.

Covid-19 vaccine can be expected by end of 2020:Serum Institute of India.

Chief Executive Officer of the Pune-based Serum Institute Of India (SII) Adar Poonawalla on Monday said the company is expecting the vaccine for COVID-19 to be ready by the year-end.

The Institute has partnered with British-Swedish drugmaker AstraZeneca to manufacture and supply the vaccine being developed by the University of Oxford under which the SII will supply over a billion doses of vaccine in India, and to other developing and under-developed countries.

However, the approval for the vaccine from the Drug Controller General of India is still awaited.

The institute is expecting to get approval in next six months.The Oxford COVID-19 vaccine trial is currently in its Phase 3 or human trial stage, and will be administered to around 8,000 people in the U.K.

chief executive Poonawalla said while referring to another vaccine candidate from India ie Covaxin of Bharat Biotech, that the company is in no hurry to produce vaccine without proper actions and tests for safety and efficacy.Once they are confident about vaccine, they would launch the vaccine but that would be still 6 months away.

However Bharat Biotech is also confident about its candidate vaccine named Covaxin and has started phase-1 human trials enrolling about 375 patients for test. It is very unlikely that Corona vaccine to be out for masses before or on 15 August, despite the letter of ICMR since human trials may take up to 6-8 months to complete even after conducting only important tests and checks.

It is very positive for the country that we are seeing candidates for vaccine which are in human trials.The vaccine developed in country will be great opportunity for Indian institutes to once again lead the world in pandemic situation.

How IPL is making millions & billions of dollors in every single match!!!

Cricket it’s a sport that dates back over 400 years. And as of 2019 is officially played in 104 countries around the world. Cricket’s worldwide fan base is comprised of roughly one billion people in the Indian subcontinent alone makes up 90 percent of those fans. In India, the country adopted a brand new shorter format of the game has drastically cut down on playing time from days to hours. The Indian Premier League or the IPL has only been around for twelve years but it’s fast become one of the most popular and valuable cricket leagues on the planet. The IPL is brand value has nearly doubled in the last five years. In 2018 the league was valued at 6.3 billion dollars. It rakes in and 510 million dollars each year from its broadcasting rights deal making it to only cricket league in the world to crack the top 20 most valuable media rights deals in all of professional sports joining the ranks of the NFL the NBA and MLB.

So how did the IPL become one the most lucrative cricket leagues on the planet. In India. Cricket is huge. It’s been a staple in Indian sports since the seventeen hundreds. It’s currently the most popular sport in the country. The IPL is one of the richest sports properties in the world. And while the IPL isn’t the only cricket league in India it is the most successful league in the country. The 48 day annual tournament was created in 2007 with the help of the Board of Control for Cricket in India and Indian businessmen Lalit Modi. Even though cricket already had a few pro cricket leagues they wanted to capitalize on the commercial success of 2020. So they modeled the IPL in a similar nature to pro sports in the US.

The IPL was specifically modeled after the likes of the NFL. Which has a decentralized league. meaning that all teams are owned and operated independently. Also similar to the NFL model the IPL is its own league with its own unique structure. There is a separate T20 World Cup where India competes. But that’s different from the IPL. even though matches are all held in India. Team rosters are chock full of top international talent. In 2018, teams spent 94 million dollars to buy 169 players in an auction. up from its 40 million dollars for 66 players in 2017. But what you’ve actually got in the IPL franchises who represent a city a place an industrial heartland and you’ve got the full support of some major entrepreneurs. So rather than let’s say Delhi again. So, you’ve got your IPL franchises based around the cities. I’m not as actually have a massive impact. in terms of global cricket. To make sure the stands are filled with as many IPL fans as possible and to maximize TV viewership. Matches are typically played in the evening and on weekends.

The IPL is a huge moneymaker in India since 2014. The IPL brand valuation has doubled to six point three billion dollars. The reason the IPL has won the largest fan base is for a single sports league in the world. During its opening week of the 2013 season the IPL broke records when 371 million viewers tuned in to watch and by the last week of the tournament a total of 769 million fans watched the 2013 IPL season. The ad revenue generated for that season was over 276 million dollars according to Star India’s managing director. High ratings and ad dollars were a big part of why a major U.S. media companies had their eyes on IPL broadcasting rights. When the IPL launched in 2008. The league issued being your rights to Singapore based sports marketing agency World Sport group. They broadcast an IPO matches on India’s Sony Max TV channel. Under the terms of the 10 year contract World Sport group paid the IPL approximately 1 million dollars per match in its first year for the exclusive broadcasting rights. The overall value of that broadcasting deal was 918 million dollars when the broadcasting deal expired in 2017.

There was a global bidding war for exclusive rights for the IPL. Fox and Sony put in competing bids while Facebook also put its hat in the ring for the 2018-2022 digital rights of the IPL making a 600 million dollar offer. Those TV and digital rights eventually went to Fox the American broadcasters struck a five year 2.5 five billion dollar deal for the global media rights of the IPL. The price per match jumped from 1 million dollars to about 8.47 million dollars per game. For comparison the NFL cost per game is around 22.5 million dollars. The English Premier League is around 13.2 million dollars. The NBA is close to 2 million dollars and the MLB is just 630 thousand dollars per game. Just two years after the ink dried on the Fox IPL deal Disney completed a 71 billion dollar deal for Fox entertainment assets one of the assets that Disney now owns is hot star. The Indian video streaming company in 2019. Streaming service at a global record for the number of people tuning into a life streaming event.

There are 18.6 concurrent viewers watching the IPL final match on the hot star’s website in app. And with that kind of viewership naming rights for the IPL are also huge for the league. Since 2008 the IPO naming rights have changed hands three times from brands DLF to PepsiCo India and finally to Vivo a mobile handset manufacturer in China. Vivo first took over title sponsorship in 2015 and in 2017 Vivo signed a fresh five year deal with the IPL worth approximately 341 million dollars in 2018. The average salary of cricket players in the IPL jumped nearly 30 percent from the year before. All thanks to the massive TV deal signed with Fox in 2017. Before the deal, players across the league had an average salary of 3.9 million dollars but in 2018 the average salary was just over 5 million dollars. And unlike other major sports leagues the IPL season is so short that players have a chance to bank even more cash in the off season.

The IPL takes place in the spring starting at the end of March or early April and continuing through May. That means cricketers have the flexibility to play for other clubs around the world. Take the Mumbai Indians player Kieran Pollard. In 2017 he and more than one million dollars for two months. They play for the Mumbai Indians and IPL in that same year. Pollard had multiple revenue streams from playing for cricket leagues in Australia Bangladesh and South Africa. But just as cricket first spread across the world in the 18th century cricket’s latest form of 2020. Similarly. Taking root across the globe. There’s even a record breaking investment for 2020 league in a country where cricket is even remotely popular, the U.S. In May, 2019, USA Cricket received a 1 billion dollar investment from American cricket enterprises to develop a 2020 league in America. It’s one of the biggest deals for development of domestic cricket in the US and the launch of the league is set to take off in 2021 since the 2020 cricket format was introduced in 2003 and has taken the cricket world by storm. And it doesn’t seem to be slowing down anytime soon.

Will Oil Price go down???

America does rely on oil in many ways. It’s about 90 percent of the energy that we use in transportation. And it’s more than a third of the overall energy that we use. In fact, it’s probably going to stay that way for a lot, a lot longer. The Energy Information Agency administration predicts that going out to 2050 is still going to over a third of the energy that we’re going to use. So how was it possible for oil to reach a negative value and what does it mean for the American economy? To understand what happened, it’s important to know how a futures contract functions. So the futures market is a way to bet on the future price of a certain commodity.

Different types of oil from all across the world are traded by barrels in their individual market places. But two futures contracts serve as the major benchmark for oil price. Brent Crude trades oil from the North Sea in northern Europe, setting the standard for international oil prices. While the West Texas Intermediate, or WTI, trades a specific grade of oil traded in Cushing, Oklahoma, that serves as a domestic benchmark for oil prices. A refinery might have a contract with a producer and say, we will pay you that Brent price or we’ll pay you the Brent price minus the transportation costs. Or you know that it’s all subject to negotiation. And those two are well known. It’s a shorthand, if you will. And a lot of times other crudes are priced off of those crudes because they’re well, known the quality is high and has a long track record. Similar to most treated commodities, oil prices rely heavily on how much of it is available on the market. In other words, supply and demand. Oil like just about anything else in the world is determined that prices are determined by a willing buyer and a willing seller. And so that means that as demand goes up, more people are buying it.

The price will typically go up, supply stays the same and vice versa. If supply suddenly increases, then then typically the price will go down if the demand stays the same. The demand is determined by how much oil is needed at any given moment due to its crucial role in the economy. High demand has often been associated with a healthy economic growth. Historically, oil demand has moved with the economy of a country. It’s been very tightly tied because almost all transportation comes from burning oil and a lot of other industrial processes use oil. So when the economy is humming along strongly, the demand goes up. And when you have a recession, the demand goes down. On the other hand, supply is usually determined by the producers who have control over its output. Historically, the Organization of Petroleum Exporting Countries, otherwise known as OPEC, has played a crucial role in determining the supply. OPEC currently has 13 member countries, including Iran, Iraq, Kuwait, Saudi Arabia and Venezuela as founding members. However, a lot has changed in recent years as the U.S. surpassed both Russia and Saudi Arabia to become the world’s largest crude oil producer since 2018. Thanks to the rise in production from American shale fields. Essentially these countries and OPEC, everyone is competing for market share.

Everyone wants to produce more for their country, but also the optionality to export it to another country and especially growth regions such as China, Asia. Being an investor or a producer in the oil industry means keeping an eye on this fine balance between supply and demand, as well as the geopolitical events that could threaten the industry. Never forget about geopolitics and the impact it can have on the oil price, because that can be that X factor of why oil may have a big premium or a big discount to fundamentals that you see supply and demand. It’s because geopolitics introduces other risk factors. A historic drop occurred on April 20th, 2020, with U.S. oil prices on WTI dropped by almost 300 percent. Trading around negative 37 dollars. What happened with oil in terms of the negative pricing in April with the futures contracts was rather unprecedented. We have seen negative prices before. For example, last year we were talking about negative natural gas prices and Waha in April 2019. But that’s more due to processing or field issues, not what is happened specifically this time with the COVID 19 and in the price war. Oil prices had been under pressure since January as China battled the spread of COVID 19.

When the pandemic finally reached the rest of the world, demand took a devastating hit. People started talking about the demand going down 2 or 3 percent instead of growing by 1 or 2 percent, as was had previously been expected. But then by the time it got to the United States and all over Western Europe, the forecasts were very different. And at the trough, we probably saw demand in April bottom out, down 30 percent. So we’ve never seen anything like this, certainly in the last 40 years since world oil markets have developed. To make matters worse, a price war erupted between Saudi Arabia and Russia in early March after OPEC and its allies failed to reach an agreement on deeper supply cuts. Oil saw its worst trading day in 20, 29 years. Yesterday, both WTI crude and Brent crude lost nearly a quarter of their value, and the S&P energy sector ended the day 50 percent off its 52 week closing high. Saudi Arabia launched a price war against other key producers. As supply remains steady while demand struck record breaking lows. The petroleum industry quickly began running out of storage space to put their oil. Cushing plays a very big role as one of the main hubs of that commercial storage. And Cushing at the time of the negative contract was around 70, 70 percent full, and what was left was perhaps already committed. So that was a huge issue because Cushing plays one of the main roles in pricing the WTI contracts. As the delivery date for WTI grew near. And investors had nowhere to put the oil. They soon began a massive sell off, prompting an unprecedented crash into the negative territory. WTI special in a way, because it’s so tightly connected to physical oil. And so if you’re holding a contract for WTI, you’re expected to take possession of oil.

What was happening was the buyers who had bought a futures contract, which meant they had responsibility to take delivery of the oil, recognized that that storage was filling up and they had no place to put the oil and they didn’t want the oil. And so they wanted to get out of the contract. Usually they can get out of the contract by getting somebody else to take the oil instead at a positive price. Cause oil’s a valuable commodity. But there was nobody who wanted to take that oil, particularly because it was located in an area that was producing way more oil than they needed. And the pipelines to move oil out of that area were completely full. The historic drop quickly sent shockwaves through the U.S. financial market. The Dow plunged by over 1,200 points over the following two days, and brokerage firms like interactive brokers reported taking 109 million dollar hit to cover its customers losses. It was kind of like what happened in 2000 where we we’re wondering if the computers could roll over. Some of the traders computers couldn’t even handle the negative. They weren’t set up for a negative. So you can imagine the disarray and the surprise, you know, that some traders faced the next morning when they looked at their margin calls or what they owed based on the severity of this drop.

However, experts point out that although the event was unexpected, there was no need to panic. It was not unforeseen. The exchange itself saw it as a possibility ahead of time. They actually discussed what to do if that were to happen, reprogram their software and so forth. And at least one major media outlet reported on it a week ahead of time before it happened. Also, some other products have gone negative in the past. Things like natural gas. So I think it’s important to put it in perspective that while this had never happened with oil before, it was just on one particular instrument. The WTI was just for one day and it was seen as at least a remote possibility ahead of time that it happened. It was very few contracts. There was very little trading at those prices and the price very quickly rebounded into positive territory.

Covid-19 vaccine updates:Bharat Biotech’s Covaxin to start phase-1 human trials,Sinovac Biotech of China in phase-3 human trials.

New covid-19 vaccine Covaxin has improved hopes of Indians after the successful trials on monkey. It is now all set to start phase-1 human trials approved by ICMR. For the Human trials of India’s indigenous Covid19 vaccine COVAXIN, 12 hospitals are selected. They will enrol participants this month, samples of Bharat Biotech’s COVAXIN are still undergoing quality and safety tests at a govt lab. Theses tests started last Friday and are expected to be finished by the end of next week. Three of the selected hospitals – Delhi’s AIIMS, Kancheepuram’s SRM Hospital and Research Centre and Vishakhapatnam’s King George Hospital are still awaiting ethics committee approvals to begin enrollment of participants for the study.

Besides Sinovac, the vaccines developed by AstraZeneca-university of Oxford and Sinopharm are the only other candidates to start third stage trial.

US-based Moderna is planning to start its late-stage trial for potential vaccine candidates in July.

Coronavirus COVID-19 vaccine India

India is making significant progress in producing the probable Coronavirus COVID19 vaccine. Many institutions in India are engaged in Research and Development for Corona vaccines in the country. Accordin to information provided by Pune based ICMR institution, National Institute of Virology and Hyderabad based CSIR institution Center for Cellular and Molecular Biology, six Indian companies are working on probable vaccine candidate for Coronavirus.

COVID19 vaccine can be developed by 2021, says WHO scientist! The chief scientist at the World Health Organization (WHO) Soumya Swaminathan has said that at least one COVID19 vaccine will be ready by 2021. Swaminathan said that we can be hopeful of seeing one “safe and efficacious” COVID-19 vaccine by the next year. Swaminathan has revealed that WHO has been discussing methods for “fair distribution of the vaccine” with its member countries.

Big loss to China:Chinese apps to lose around USD 6 billion after ban in India.

Chinese tech giant unicorn ByteDance Ltd. is anticipating a huge loss of over USD 6 billion after ban on its 3 apps including hugely popular video making TIK TOK app in India. The decision was taken by indian government in wake of unfortunate clash in Galwan valley in Ladakh between Indian and Chinese soldiers which led to death of 20 Indian brave soldiers and more number of casualties in Chinese camps.

Besides TikTok , India on last Monday banned 58 more Chinese apps including Club Factory, UC Browser and Share it apps for engaging in activities prejudicial to sovereignty and integrity of India, defence of India, security of India and public order.

India was the biggest market in terms of users . Of the total 611 million downloads nearly 112 million are from India which is considerably huge. This ban has however sent image to Chinese government that India would never compromise its privacy, sovereignty and integrity.

The Chinese government has been angry over the decision and want us to take back the decision. However the ban period is not clear and the banned apps are claiming that they have not revealed any information to foreign countries even China.

A top official said the government had considered all aspects before taking the decision. “These apps have been there for a long time, and there are some privacy and security issues with them including risks of data going out of the country,” said the person.

The statement from the Ministry of Electronics and IT (MeitY) said it had received complaints from various sources, including several reports about the misuse of some mobile apps for stealing and surreptitiously transmitting users’ data in an unauthorised manner to servers outside India.

The ban would surely help in bringing Indian alternatives for the Chinese apps and reduce the dominance of Chinese products in Indian market.

Accidently Created Radiation Shield around Earth in Deep Space : EMI Test Exclusive …………..//

NASA spends a lot of time researching the Earth and its surrounding space environment. One particular feature of interest are the Van Allen belts, so much so that NASA built special probes to study them! They’ve now discovered a protective bubble they believe has been generated by human transmissions in the VLF range.

VLF transmissions cover the 3-30 kHz range, and thus bandwidth is highly limited. VLF hardware is primarily used to communicate with submarines, often to remind them that, yes, everything is still fine and there’s no need to launch the nukes yet. It’s also used for navigation and broadcasting time signals.

It seems that this human transmission has created a barrier of sorts in the atmosphere that protects it against radiation from space. Interestingly, the outward edge of this “VLF Bubble” seems to correspond very closely with the innermost edge of the Van Allen belts caused by Earth’s magnetic field.

What’s more, the inner limit of the Van Allan belts now appears to be much farther away from the Earth’s surface than it was in the 1960s, which suggests that man-made VLF transmissions could be responsible for pushing the boundary outwards.

Overall, this seems like an accidental, but potentially positive effect of human activity – the barrier protects the Earth from potentially harmful radiation. NASA’s YouTube video on the topic suggests that understanding this mechanism better could enable us to protect our satellites and space vehicles from some of the harmful effects of the space environment.

A week or two ago we featured a research paper from NASA scientists that reported a tiny but measurable thrust from an electromagnetic drive mounted on a torsion balance in a vacuum chamber. This was interesting news because electromagnetic drives do not eject mass in the way that a traditional rocket engine does, so any thrust they may produce would violate Newton’s Third Law.

Either the Laws Of Physics are not as inviolate as we have been led to believe, or some other factor has evaded the attempts of the team to exclude or explain everything that might otherwise produce a force.

As you might imagine, opinion has entrenched itself on both sides of this issue. Those who believe that EM drives have allowed us to stumble upon some hitherto undiscovered branch of physics seized upon the fact that the NASA paper was peer-reviewed to support their case, while those who believe the mechanism through which the force is generated will eventually be explained by conventional means stuck to their guns. The rest of us who sit on the fence await further developments from either side with interest.

Over at Phys.org they have an interview from the University of Connecticut with [Brice Cassenti], a propulsion expert, which brings his specialist knowledge to the issue. He believes that eventually the results will be explained by conventional means.

But explains why the paper made it through peer review and addresses some of the speculation about the device being tested in space. If you are firmly in one of the opposing camps the interview may not persuade you to change your mind, but it nevertheless makes for an interesting read.

Reference – https://divyanshspacetech.wordpress.com

Struggles of big dairy companies in India!!!

India is that the world’s biggest producer and consumer of dairy. In 2018 alone, India produced 186 million metric tonnes of milk — about 410 billion pounds and 22 percent of the milk produced globally. Almost all of that is consumed domestically thanks to India’s dairy-heavy diet — think creamy curries, yogurt drinks, and a popular type of butter called ghee. A quick note before we proceed: this includes milk from buffaloes, which are an important source of milk in many developing countries. the point is that India loves milk.

In 2011, the French dairy company Danone hoped to capitalize on this by opening a division in India. Danone opened its own processing plant in Haryana and tried to capture some of India’s 1.2 billion dairy lovers. But less than a decade later, Danone shuttered their dairy business in India. That same year, the corporate made 28 billion dollars worldwide and was within the top three global dairy companies. With all this success, elsewhere, why did Danone’s dairy business sour in India? Let’s start with some background on Danone. Their business is broken down into three categories:

1.specialized nutrition, like supplements and formula for babies;
bottled waters and seltzers;
dairy and plant-based alternatives.

That one makes up over half of their global sales, but it’s also the one that failed in India. Danone does still sell specialized nutrition products in the country, but they don’t break out those sales figures separately. This is the same company as Dannon in the U.S. The company decided to rebrand to make the spelling less confusing for American consumers. Anyway, now for some background on India’s dairy industry. There are about 75 million dairy farmers in India. Most of them are women who own one or two buffaloes or cows to supplement the family’s income. Nearly half of India’s milk is not sold, but consumed by the farmers household. This makes India’s dairy industry much more fractured and localized than other countries where Danone operates. Take the company’s native France and one of its biggest customers, the U.S. Each has far fewer dairy farms with herds that dwarf India’s one or two animal average. This was Danone’s first big problem in India: sourcing milk is difficult. Of the half not consumed by farmers’ households, only about 15 percent goes to big organized companies or government run cooperatives. The rest goes to hundreds of small, local milk processors.

The largest companies like Amul, Mother Dairy, and Nestlé have tiny percentages of the market, and they’ve been there for decades. Market research firms Mintel and Euromonitor declined to release specific market share numbers to CNBC. However, a 2016 piece in The Economic Times of India citing Euromonitor put the figures at about 7 percent for Amul, 3.7 percent for Mother Dairy, and 2.9 percent for Nestlé. In short, tapping into the existing dairy infrastructure is effective but time consuming. Imagine the effort of contacting dozens or hundreds of local and regional dairies, processors, or individual farmers. But establishing a separate supply chain altogether is very expensive — a lesson Danone learned the hard way. And when Danone did get milk, the company focused on the wrong products. Danone pushed plain yogurt and flavored yogurt drinks — popular in places like the U.S. and France with high profit margins to boot. But in India around the time when Danone arrived, yogurt comprised only 7 percent of the dairy consumed.

The real money was in ghee, a type of clarified butter, and plain old fluid milk, a product with razor-thin margins dominated by those hundreds of local small-scale producers. Analysts explained to CNBC the simple reason why Indian consumers shunned Danone’s prepackaged yogurt. And if Indian consumers did want to buy premade yogurt, they had a slew of cheaper options than Danone. Dairy never accounted for more than 10 percent of Danone’s sales in India, a far cry from its global 50 percent. Its specialized nutrition arm picks up the slack, and the company announced a renewed focus on that division when it shuttered its dairy operation. Meanwhile, two of their biggest competitors, Amul and Nestlé, made nearly five billion and 750 million from dairy, respectively. But not all hope is lost for Danone’s dairy in India.

In January 2018, the same time that Danone ended its dairy production there, the investment arm of the company announced its part in a 26.5 million dollar investment in Epigamia, an Indian yogurt startup. This could be a sustainable move for Danone in India’s dairy industry because Epigamia offers consumers products that add value onto the plain yogurt they will make cheaply reception . But perhaps most importantly is this: while much of the population still makes yogurt the old-fashioned way, analysts predict that a growing number of consumers will want to buy premade options as they move into corporate jobs in developing urban centers. Very large numbers indeed. If only 5 percent of India’s 1.35 billion people decides to buy prepackaged yogurt, that’s over 67 million consumers — more than the entire population of Danone’s native France.

Why Apple was not so popular in India???

Apple sells millions of iPhones every year. In the year 2018, the tech giant reported selling close to 47 million units worldwide. But not all markets are created equal. India has been one of the hardest countries to crack for the Cupertino giant. Although it’s been over a decade since Apple began selling iPhones in India, the company can’t seem to get a big bite of the world’s second-largest smartphone market. India is a very price-sensitive market, which means that people pay a lot of attention to what value they are getting out of the price that they are paying for a particular product.

In the case of Apple, there’s a lot of premium being paid for the brand itself, and that’s where the price-conscious Indian consumer thinks about that if they are getting the same kind of features or specs from another phone that they can get a lower price, that makes it tougher to sell something at a much higher premium. Apple is definitely feeling the pressure. Samsung and Xiaomi accounted for the majority of smartphone sales in India in quarter three of 2018, garnering 22 percent and 27 percent respectively of the smartphone market. In contrast, Apple made up only about 1 percent of India’s smartphone market share, trailing behind Chinese phone makers Vivo and Oppo. It’s also worth noting that the premium smartphone market in which Apple operates still makes up less than 5 percent of the overall smartphone market in India.

Most of the smartphones in India that sell, they are below $200 and Apple does not have any play in that segment. This environment is one that competitors like Samsung have begun to adapt to. The South Korean powerhouse is launching its Galaxy M series budget smartphones to appeal to the Indian market. In contrast, Apple doesn’t seem too keen on changing up its India strategy. I got some ideas for you, OK? I talked to some people at Walmart yesterday. An arrangement with Walmart Flipkart to take over India with a budget phone rather than doing it piecemeal? For us, we’re about making the best product that enriches people’s lives. And so, we’re not about making the cheapest. For us, what we’ve seen is, there’s enough people in every country in the world that we play in that we can have a really good business by selling the best phones. Still, some tech investors see Apple as being out of touch with the India market. You think they are going to slash prices? I think they have to. How can you sell a $1,000 phone in a market like China where the GDP per person is $10,000? In India it’s $2,000. And if you go back to the September earnings release, they talked about the fact that India was way below where they thought.

Well, if your average GDP person is $2,000 and you’re trying to sell a $1,000 phone, it’s gonna be probably pretty hard to sell it. They probably want to eat. Another issue for Apple: stiff tariffs. I think iPhones have a specific disadvantage in the India market because of the local regulation. There is a very high import duty on the phones that are not manufactured locally in India. So for most of the big players in the India market, they are manufacturing locally so they do not have to pay that high import duty. Samsung has been manufacturing phones in India since 2007 and just last year opened the world’s largest mobile phone factory on the outskirts of New Delhi. Chinese phone makers Xiaomi and Oppo have also invested millions of dollars to build manufacturing plants in the country. That’s not to say Apple has completely ignored India.

The tech giant already manufactures its lower-cost iPhone SE and iPhone 6s models locally, through a partnership with Taiwanese manufacturer Wistron. This year, Apple is also expected to move its production of the iPhone X series into Foxconn’s plant in southern India. If you look at how we’ve done over the years, we’ve gone from a $100-$200 million business to last year we had we exceeded $2 billion. That $2 billion was flat year over year after a rapid rapid growth. And so we have more work to do. We’d like to put stores there. We would like some of the duties and so forth that are put on the products to go away. But even with its local hardware production push, Apple still fails to provide Indians with a robust software experience.

Apple has introduced turn-by-turn navigation for the India market. Before that, that significant part was missing. And beyond that, there’s not a lot of customization that Apple has done for the India market. There are not a lot of apps that specifically cater to the India market. Past complaints for Apple Maps also included missing major landmarks and having very sparse data of cities and towns. But again, Apple is working on a solution. The company has hired thousands of engineers at its mapping facility in Hyderabad to improve its services. Apple Pay is also not an option in India, though similar payment services from Samsung and Google have already been rolled out. Finally, unlike in most other markets, Apple can’t rely so much on its brand recognition to sell devices in India. The other challenge for Apple in India is that it cannot have its own retail stores or own Apple stores because of some regulatory issues, which means it has to have partners on the retail side, whether it’s the Apple premium resellers, which you see in many other countries as well, or with the third-party resellers. In order to have a larger presence in the market.

Apple has to have partnerships with thousands of these resellers, which in a country as big as India, can be challenging. Apple is still a premium status symbol for many Indians, but one that is out of reach for the majority of the population. With phones from Chinese brands like OnePlus, which was India’s best selling premium smartphone brand for the second quarter in a row, offering similar features at a fraction of the cost, Apple may have a very tough time getting a bigger slice of the India market.

Why Australia is least affected by recession!!!

America’s economy is approaching a big milestone. If it keeps humming until July 2019, it’ll be the longest expansion in U.S. history. It would be exactly one decade and one month old by then. But there’s another country with an even more impressive run It’s even called the ‘lucky country’ Three big lessons from Australia.

Be smart.
Be organized.
Be lucky.

So, if I’ve got any advice for other countries, it’s try and be as lucky as Australia That luck has to do with Australia’s treasure trove of natural resources. You know Australia is on the other side of the world and sitting on tremendously valuable minerals right at the point where the Chinese economy is just around the corner and exploding. Australia and every one its natural resources were within the right geographic neighborhood even as the Chinese economy began to begin . And it just so happens that China did a big fiscal stimulus in 2008 and spent a great deal of money building new cities. So all of these resources were drawn from places like Australia. So that also served as a huge tailwind at a time when developed markets were in a whole lot of trouble.

The year 2008 was a time of economic turmoil The Global Financial Crisis hit and markets crumbled around the world. But as it turns out this was also a year for Australia’s economic management to really show off At the time the government had a very helpful and very low level of debt. One reason? Pension reform in the 1990s. Australia set up a compulsory retirement system called the superannuation system. It requires employers put money into its employees’ retirement savings.

Since companies and citizens have to build up retirement savings, some of the financial burden to pay off pensions was taken off of Australia’s government As other economies reeled in the wake of the 2008 crisis, the Australian Government was then able to put money directly into people’s bank accounts This boosted consumer spending in order to stimulate growth In 2008, the Australian Government unlike some other developed market governments actually jumped in very quickly with fiscal stimulus, so that helped to kind of minimize the effect of the crisis The country’s numbers continued to look sluggish after the financial crisis. But they never quite dipped low enough or for long enough to satisfy the definition of a recession. It takes two quarters of negative growth to fall into a recession. Australia’s economy did post a couple of negative quarters since 2008, but no country’s perfect. Overall Australia’s economy has been managed pretty much in recent years partly due to a robust and stable financial institution.

Australia has an independent financial institution and it is a very well-run financial institution . It also has a floating exchange rate and the exchange rate helped it adjust to international shocks. Australia’s economic reforms gave it flexibility in times of hardship. For example, floating the Australian dollar In 1983, Australia’s government moved the dollar onto a floating exchange rate This meant that the dollar would be valued by supply and demand instead of being subject to influence from its government or its central bank It allows the economy to react to shocks as well Typically when an economy is hit by some sort of negative shock. The currency will adjust. It will depreciate and that helps promote exports. Another reason behind Australia’s economic diary lies in its immigration policy. Since the late 1990s, Australia has seen growth in temporary migration, many arriving to the country on student or temporary work visas. The number of temporary migrants peaked in the year 2000. However a recent change to immigration law in 2018 gave visa applicants more hurdles to get through if they wanted to come to the country Even when our GDP per capital average incomes aren’t rising by much because the number of people continues to rise that means the total GDP continues to rise at even more rapid pace Part of that’s underpinned by much faster population growth Most experts think Australia’s economy remains strong in 2019, but it’s not without risks.

Australia’s suffering at the instant from pretty weak wage growth. That’s worrying a lot of people. There’s a lot of fear right now that China is hitting a wall. That will hit demand for Australian products. The good news is to the extent that the Chinese are buying commodities hopefully will find buyers from overseas for many of those commodities if the Chinese are not there The bad news is the rest of the world economy is not doing that well.

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ROUTER UPGRADATION

BOOST WIRELESS SIGNAL

THROTTLING BANDWIDTH by OPERATIONS

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Coronavirus COVID-19 vaccine India

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