economy

Economy and the area of production, distribution, trade, and consumption of goods and services.

Ratul Puri Takes the Helm in Navigating the Future of India's Industrial Revolution with Groundbreaking Initiatives
India's industrial landscape is undergoing a massive transformation, with new technologies, sustainability efforts, and strategic innovations driving the country's economic growth. At the heart of this revolution stands Ratul Puri, a visionary leader and the Chairman of Hindustan Power, whose initiatives are paving the way for a more sustainable, technologically advanced, and globally competitive India.
By Chinmaya Singh2 years ago in Journal
Breaking Barriers in Entrepreneurship with Nishant Kanodia and His Rise from Start-up to Industry Leader
In the fast-paced and ever-evolving world of entrepreneurship, there are few stories as inspiring and dynamic as that of Nishant Kanodia. From humble beginnings, he has transformed his passion for technology and innovation into a thriving business empire, becoming an influential figure in multiple industries. His journey is a testament to resilience, strategic thinking, and the ability to break barriers.
By Nishant Kanodia2 years ago in Journal
Nishant Kanodia Shapes the Future of Smart Cities with His Role in Building Sustainable Urban Solutions Worldwide
The world is rapidly evolving, and cities are no longer just places to live and work—they are becoming centers of innovation, technology, and sustainability. As urbanization continues to rise, the challenge of creating efficient, sustainable, and livable cities becomes ever more urgent. One individual playing a pivotal role in this transformation is Nishant Kanodia, whose work in shaping the future of smart cities is leaving a lasting impact on the global landscape.
By Nishant Kanodia2 years ago in Journal
Amazon and U.S. Tariffs 2025: What You Need to Know About the Latest Trade Dispute
In April 2025, a political and economic controversy shook the e-commerce world when news broke that Amazon was considering displaying U.S. tariff costs on product listings. The move was reportedly a response to the Trump administration’s aggressive tariff policy, which has affected thousands of imports from countries like China. The fallout has not only drawn strong reactions from the White House but also raised important questions about transparency, trade, and the future of Amazon’s pricing strategy.
By samoresh de2 years ago in Journal
Rakuten’s $100 Million Bet on India: Fueling Global Innovation Through AI and Talent. AI-Generated.
Rakuten’s $100 Million India Expansion: Strategic Growth Through AI and Innovation In a significant strategic move underscoring the growing importance of India in the global technology landscape, Japan’s Rakuten Group, Inc. has announced a major investment initiative. The tech conglomerate plans to invest at least $100 million in India in 2025, with a focused commitment to expand its operations, workforce, and artificial intelligence (AI) capabilities. This move not only reflects Rakuten’s confidence in India’s technological ecosystem but also signals the increasing interdependence between global corporations and Indian innovation hubs. --- Rakuten: A Snapshot Founded in 1997 by Hiroshi Mikitani, Rakuten is a Tokyo-based global innovation leader operating in sectors including e-commerce, fintech, digital content, telecommunications, and AI. Often dubbed as the “Amazon of Japan,” Rakuten has grown into one of the world’s most diversified and technologically forward corporations, boasting over 70 different businesses across multiple continents. With a robust commitment to technology and data-driven decision-making, Rakuten has been a pioneer in integrating AI, big data, and cloud computing into its services. Its recent profitable fiscal year — ending with a net profit of 10.5 billion yen (approximately $73.6 million) — was largely attributed to this strategic focus, marking a return to profitability after years of high-capital investments, particularly in mobile and AI infrastructure. --- India: A Strategic Powerhouse for Rakuten India plays a pivotal role in Rakuten’s global strategy. The country serves as a base for its Global Capability Centre (GCC), which supports nearly 50% of its global businesses. Located primarily in Bengaluru, India’s tech capital, the GCC employs thousands of skilled engineers, data scientists, and AI researchers. The decision to invest $100 million more into this ecosystem reflects not just an expansion plan, but a long-term vision for innovation. Rakuten's Chief Technology Officer, Yasufumi Hirai, emphasized that the investment is not just financial but intellectual. "India is where we find the minds that power the future of our technology," he stated during a recent press briefing. "Our teams here are essential in building the platforms that keep us globally competitive." --- AI at the Heart of the Expansion A core component of the $100 million investment will be directed toward enhancing AI capabilities. Rakuten has already seen considerable success with tools like SixthSense, an AI-powered predictive issue detection platform used in both its e-commerce and fintech services. SixthSense monitors system behavior and can anticipate issues before they escalate, ensuring seamless customer experience and backend efficiency. The India-based team was instrumental in building and deploying SixthSense. This success has encouraged Rakuten to further empower its Indian developers and data scientists with resources to scale similar technologies. According to the company, integrating AI into every layer of its operations — from customer service to logistics to sales automation — is crucial for improving efficiency and driving revenue growth. AI integration has already paid dividends: internal reports suggest a 25% increase in operational efficiency and a 40% reduction in the time required to generate marketing and sales materials using AI-enhanced tools. --- Job Creation and Talent Development Rakuten's investment also includes plans to expand its workforce in India by 8% in 2025. The focus will be on hiring talent in emerging fields such as machine learning, cybersecurity, robotics, cloud infrastructure, and quantum computing. This is a promising development for India’s tech professionals, as it opens up opportunities to work on global products with cutting-edge technologies. Moreover, Rakuten has announced plans for partnerships with Indian educational institutions and startup incubators to support skills training, innovation labs, and research initiatives. "We are not just hiring talent; we are cultivating it," said Sunil Gopinath, CEO of Rakuten India. "Through mentorship, training programs, and collaborative R&D, we aim to make India the AI powerhouse for Rakuten’s global roadmap." --- Why India? There are several reasons why India stands out as a strategic destination for global tech investment: 1. Talent Pool: India produces over 1.5 million engineering graduates annually, many specializing in AI, data science, and computer engineering. This gives companies like Rakuten access to a scalable and highly educated workforce. 2. Cost Efficiency: Operating in India allows Rakuten to leverage cost advantages without compromising on the quality of output. Indian developers are known for their problem-solving skills and adaptability. 3. Robust Startup Ecosystem: India is home to one of the world’s fastest-growing startup ecosystems, particularly in AI and fintech. Rakuten’s proximity to this ecosystem provides opportunities for partnerships, acquisitions, and innovation sourcing. 4. Government Initiatives: Schemes like Digital India and Startup India have created a conducive regulatory environment for foreign investment in technology and innovation. --- Global Ambitions, Local Execution Rakuten’s India GCC is involved in some of the company’s most critical innovations. For instance, Rakuten Pay, the company’s digital wallet and online payment platform, was developed with significant input from the Bengaluru teams. Additionally, their work on cybersecurity infrastructure and fraud detection has helped Rakuten maintain a strong reputation for customer trust and data security. The expansion aims to double down on these efforts, with plans to develop new AI frameworks that will be integrated into Rakuten’s global telecom, banking, and logistics services. --- Challenges and Mitigation No expansion is without challenges. Rakuten must navigate India’s regulatory complexities, infrastructure gaps in certain regions, and growing competition for skilled talent. Additionally, the ever-evolving AI landscape requires constant upskilling and adaptation. However, Rakuten has shown a keen understanding of these challenges. It is building strong local leadership, working closely with state governments, and developing hybrid work environments to attract talent from across India — not just metro cities. --- A Broader Trend in Global Tech Rakuten’s move is part of a broader trend of global tech giants doubling down on their India operations. Companies like Google, Microsoft, Amazon, and Meta have already made similar billion-dollar bets on Indian talent and markets. Rakuten’s focused, AI-driven approach differentiates it as a company that not only wants to serve India but innovate from India for the world. This development also signals India’s transition from a back-office destination to a front-line innovator in the global technology supply chain. --- Conclusion Rakuten’s $100 million investment in India is a landmark decision that cements the country’s role as a global innovation engine. With AI at its core, this expansion is poised to create jobs, foster innovation, and contribute meaningfully to the digital transformation of global industries. For Rakuten, India is not just another market — it is a strategic partner in reshaping how technology can connect, protect, and empower people across the globe. ---
By Bull2 years ago in Journal
"Rising Temperatures, Rising Threats: The Impact of Heat Stress on Poultry Production in Bangladesh"
Abstract: The country's economy and food security are greatly influenced by Bangladesh's chicken sector. Heat stress brought on by the climate, however, is becoming a serious risk to the productivity and well-being of chickens. The causes and effects of heat stress on poultry in Bangladesh are examined in this research, along with the socioeconomic concerns and suggested adaptation techniques for sustainable poultry production in the face of rising temperatures.
By Sadia Swarna2 years ago in Journal
Pune airport opens Udaan Yatri Café with Rs 10 tea, Rs 20 snacks for flyers
In a significant move to make air travel more affordable and passenger-friendly, Pune International Airport has inaugurated the 'Udaan Yatri Café' at its new terminal. This initiative, under the Ministry of Civil Aviation's UDAN (Ude Desh ka Aam Naagrik) scheme, aims to provide budget-friendly refreshments to travelers, addressing long-standing concerns about exorbitant food and beverage prices at airports.
By Abjol Hussain Laskar2 years ago in Journal
Facebook good and bad sides
Before going into the detailed discussion about Facebook usage, let me tell you two incidents. Marina just lost her job. On the other hand, Babu's business was about to end, and it ended. You must be wondering why the two of them are in this situation? Marina's daily working hours are 9 hours, out of which she would be busy with a special task for 2/3 hours. Babu would also be busy with a special task for quite some time in between his business. Let me also say that their special task was not necessary for their profession. On the other hand, a student would also waste his study time doing the same task every day. Because of that special task, misery had started in the lives of Marina and Babu. Because they would waste their working time. Now, what was that special task? Bad effects: Yes, they both spent that time on Facebook. If they had not been addicted to Facebook and had only done that task in their free time, they would not have been in this predicament. Social Impact of Facebook: Facebook is an online social networking site that has brought people from all over the world together. And it has helped people from one end of the world to connect with people from the other end of the world very easily. In 2004, Mark Zuckerberg launched it, which spread very quickly in our country as well. Every creation in the world has its good and bad sides. However, it completely depends on the user's perspective. Out of the nearly 500 million Facebook users every month, most of them are students. Therefore, we will discuss the bad effects of Facebook on student life. Anyway, everyone suffered the consequences of their actions, but what about the student? Yes, the student's exam results came out bad. He also used to sit on Facebook instead of listening to his class or wasting his time studying. Among many other good and bad things, this is the bad effect of Facebook on student life.
By Arfan Raihen2 years ago in Journal
10 business ideas to do from home
Thinking about starting a business? Starting a business from home can be an easier and cheaper solution when you're starting from scratch. Here's 10 business ideas you can do from home.
By ELIA MWAPINGA2 years ago in Journal
Remixable Review
As someone always exploring tools to launch digital businesses more easily, I recently stumbled upon a platform called Remixable. It promised something that sounded almost too good to be true: “launch a full online business with no experience, no products, and no tech skills.” Of course, that caught my attention.
By Bright Future Daily2 years ago in Journal
India vs Pakistan. Who is stronger? Who will win in a war?
Since the partition of 1947, India and Pakistan have been arch-rivals. Every incident across the border seems to cast a shadow over the long-standing tension between the two countries. Especially in terms of military strength, there is always a comparative discussion about who is more prepared and who is more advanced.
By Antorasin2 years ago in Journal
A US fighter plane avoids a Houthi strike and goes overboard.
When the USS Harry S. Truman aircraft carrier turned Monday to evade Houthi fire, a Navy fighter plane went overboard, according to two defense officials.
By Francis Dami2 years ago in Journal