#Trade Finance Services For India

[radission]

Issuers Of Standby Letter Of Credit Sblc

Standby letter of credit SBLC is a type of letter of credit (LC) that guarantees payment to beneficiaries in case of default on their loan. SBLCs are often used by lenders to secure loans for borrowers who pose a high risk. If the borrower is unable to repay the loan, the SBLC issuer promises to reimburse the lender the total amount. Issuers Of Standby Letter Of Credit SBLC are generally a bank or other financial institution and they levy a certain fee for their services. SBLCs are often used in global trade transactions to finance the purchase of goods and services. Radission, a USA-based global trade finance company is a reputed Issuer Of Standby Letter Of Credit Sblc has a long history of offering clients high-quality financial guarantees. We are the leading Issuers Of Sblc And Lc across the globe With years of experience in the field. Radission has the knowledge and the resources to offer its clients the best services and provides support and guidance to clients throughout the process. Contact us today to find out about our services and how we can help your business create and succeed.

[tradersuraj1]

Leading Export Factoring Services in India to Boost International Sales

Export factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (invoices) to a third party (the factor) at a discount. This arrangement provides the business with immediate funds, typically a percentage of the value of the receivables, which can help improve cash flow and mitigate the risks associated with international trade. Export factoring is particularly beneficial for businesses engaged in exporting goods or services to international markets.

For expert finance consultancy for this visit:

https://www.myforexeye.com/export-factoring

[scotianostra]

Patrick Colquhoun was born born in Dumbarton, on March 14th 1745.

Colquhoun was sent to the new world and served an apprenticeship as a sixteen-year-old in Virginia in North America. Likely working in a tobacco store.during the American Revolution he was part of the Government militia, in what was a Glasgow regiment to contribute to the government’s war effort. This part of history is being explored at the moment in the hit show Outlander.

On his return to Glasgow he became one of the city’s famous/imfamous ‘Tobacco Lords’. He had multiple commercial interests and was also a co-partner in the Glasgow-West India firm, Colquhoun & Ritchie, that traded with Jamaica and Antigua. As such, his wealth was derived from transatlantic slavery and its commerce, perhaps this is why he is not as well known in his native Scotland, we have a habit of brushing over the shame in the abhorrent trade of human beings.

In 1782 he built Kelvingrove House - in what is now Kelvingrove Park - as his residence. Colquhoun was Lord Provost of Glasgow, 1782-1784 and founder and the first Chairman of Britain’s oldest Chamber of Commerce in Glasgow in 1783. He was an honorary graduate of the University and the Colquhoun Lectureship in Business History is named for him. He moved to London in 1789 where he became a magistrate and published pamphlets on policing and other social issues of the day.

It is due to his work in London and those writings on policing he is credited with being the founder of the first regular investigative police force in England, The Thames Valley Police the first regular professional police force in London. Organised to reduce the thefts that plagued the world’s largest port and financed by merchants, the force was directed by Patrick Colquhoun and consisted of a permanent staff of 80 men and an on-call staff of more than 1,000. Two features of the marine police were unique. First, it used visible, preventive patrols; second, officers were salaried rather than stipendiary, and they were prohibited from taking fees. The venture was a complete success, and reports of crimes dropped appreciably. (In 1800 the government passed a bill making the marine police a publicly financed organisation.) This was a decades before Robert Peel established the Metropolitan Police, and it has to also be noted around the turn of the 18th City of Glasgow Police was established.

Colquhoun’s treatises on police also inspired the foundation of police in Dublin (Ireland), Sydney (Australia), and New York (USA).

Colquhoun’ has also been criticised for his violent oppression “wholly in the service of an industrialist and property-holding class in the earliest incarnation of socio-economic warfare in the Atlantic economy.” He “organised political surveillance by spies and snitches of those opposing slavery. In addition to his Virginia cotton interests he owned shares in Jamaican sugar plantations.” So by many accounts a nasty piece of work.

Colquhoun has been called ‘the Father of Glasgow’ because of his role in promoting Glasgow’s trade and manufacturing during the late 1700s. In fact, he referred to himself in this way when drawing up his will in 1817. We have a name for such people in Scotland, and it really fits this guy- Baw Heid.

[collapsedsquid]

However, this theory cannot account for the reality of service-based capitalist accumulation today. First of all, the category “services” lumps together a widely divergent range of sectors such as retail, hospitality, and transport, not to mention professional and personal services from education and health care to finance and real estate. Many of these sectors are productive in the Marxist sense of the term, generating surplus value, and indeed are extremely profitable. Second, the assumption that manufacturing possesses unique growth-inducing properties and capacity to scale doesn’t really make sense in the face of services based on information and communication technology (ICT), digital automation, and platform scalability. Third, Baumol’s model is outdated. Service workers represent a far greater proportion of the labor force today than they did in the mid-twentieth century when he developed that model. Baumol also uses a narrow set of service occupations as the basis for his theory, like beauticians and elementary school teachers. Taking the United States as an example, from the 1990s to the 2000s, jobs and productivity growth was mostly driven by ICT, logistics and transport, the retail trade, insurance, finance, and other services. Labor productivity in services grew at a rate of 2.6 percent a year between 1995 and 2001 — the rate for manufacturing was 2.3 percent — accounting for 73 percent of US labor productivity growth. The share of services in US GDP as a whole rose to 80 percent in 2007 from 60 percent in 1947. Service sector employment accounted for more than 83 percent of total employment in 2013, compared to 60 percent in 1947. Looking beyond rich countries, we can also see shifts to ICT-intensive service exports. In 2014, India was the largest global exporter of ICT services with a value of $74 billion due to both scale and productivity. Total factor productivity in the Indian service sector grew by 2.4 percent from 1980 to 2006 — twice the rate of industry and agriculture. We should not dismiss service industries as “stagnant sectors” of low-skill, low-wage jobs that are a drag on growth. Many countries around the world are seeing services contribute an increasing share of growth over time. Services may have historically played a small part in capitalist growth, often resisting mechanization as they remained outside the circuit of capital in domestic reproduction. But this is no longer the case today.

Going to have a rich highly-productive economy by having everyone be a Real Estate Broker or personal injury lawyer

[finance-insights]

The Most Expensive Stock in India:       

A 73,600x increase in just two days

Elcid Investments, the Most Expensive Stock in India: From ₹3 to ₹2,36,250

               A 73,600x increase in just two days

The share price of Elcid Investments started off only at ₹3.21. However, shortly after being relisted on the BSE on October 29, 2024, its share value increased to 225,000 rupees before closing 5% up at 236,250 rupees. Not only did this increase boost the profile of Elcid Investments, but it also made it the highest priced share in India, overtaking MRF Ltd that had its shares trading at 122,576.50 rupees on that day.

What is Elcid Investments and who owns it?

Elcid Investments is an NBFC incorporated with the Reserve Bank of India that is engaged in the business of investing in equities, bonds, mutual funds and other related securities. The business is also parent to two firms, Suptaswar Investments & Trading Company Limited and Murahar Investments & Trading Company Limited. Each of these subsidiaries are also registered with RBI as NBFCs.

75% of the Mumbai based non banking finance company Elcid is owned by the owners of Asian Paints whereas Hydra Trading and 3 A Capital Services owns 9.04% and 3.34% of the company respectively.

Business Overview

Excluding the managing director, only three people remained in the full employment category with the firm. In financial Year 24 which is the year in which Elcid Investments company’s net profits climbed by 139 % to 176 crores rupees.

The balked share capital rose in its sales more than two-folds to 236 crores in the year under review. There were only 200,000 shares issued and outstanding at the end of September 2024, 75 percent of which are promoters. There were 241 traded stocks at the centre(s) BSE on Tuesday against the average volume of 100 days of five shares.

What made the price of shares for Elcid Investments outrun other stocks?

The company's re-list on the BSE on 29 October 2024 raised the stock price which led the shareholders to immense profit. The company's capital now stands at rupees 4725 crores.

There was no delay in the selling of that particular share which was later followed up by a high frequency of buying due to mistakes from shareholders.

In June, the market regulator, Sebi, advised stock exchanges to conduct special call options for a few of the investment holding companies or holdco, whose shares are being offered at an extreme discount to the book value of the stocks.

It also issued a framework allowing some of the holding companies to bid for such price discovery. Holding companies hold interests in other assets including shares of listed companies without running any business activity on their own.

Consequently, the first of such call options developed on October 28 to discover prices and in two sessions, elcid shares increased Rs 236246.47.

What’s more puzzling is the fact that shares of Elcid stock were available at only Rs 3.53 till last week.

The book value of the stock was about Rs 5,84225 as at the end of March 2024, the last week price of Rs 3.53 was that of a Friday, which is the reason for the spike in the price. Even with this sudden spike, the company's book value has already been 2.5 times more than the Tuesday price of 236,250.

On Tuesday, Elcid investments closed shares at Rs 2, 32, 250 each, whereas shares in MRF were at Rs 1, 22, 577.

Another important reason for its high price is due to the ownership of Elcid Investments, which is around 8,500 crores and cited as owning more than 2,83,13,860 equity shares or a 2.95% stake in Asian Paints Ltd.

India’s Most Expensive Stocks

Other than Elcid Investments, there are just 30 companies in India whose shares trade more than Rs10,000 apiece. Some stocks that stand out in this group include MRF, Page Industries, Honeywell Automation India, Shree Cement, 3M India, Abbott India, Nestle India, Bosch,Procter & Gamble Hygiene, and Lakshmi Machine Works. Investors engage with these stocks because they have a trustworthy return on investment and have proven to be sound investments that perform well over the long term.

[lavanyamuj00058]

History of Finance in India

The Evolution of Financial Management in India and Its Impact on the Economy

India’s financial management history is a fascinating journey that has significantly shaped its economy. Let’s explore this evolution in simple terms.

Early Beginnings

Financial management in India has ancient roots. Historically, India was known for its rich in nature trade and commerce. Ancient texts like the Arthashastra, written by Chanakya, provide insights into early financial practices, including taxation and statecraft.

Colonial Era

The British colonial period brought significant changes. The establishment of the Reserve Bank of India (RBI) in Kolkata 1935 marked a pivotal moment. The RBI became the sole central authority for regulating the country’s currency and credit systems. However, the financial system was primarily designed to serve colonial interests, focusing on trade and revenue and tax collection.

Post-Independence Reforms

After gaining independence in 1947, India faced the challenge of building a robust financial system. The government nationalized 13 major banks in 1969 to ensure financial inclusion and support economic development. This move aimed to extend banking services to rural areas and promote savings and investments.

Liberalization in the 1990s

The 1991 marked a turning point with economic liberalization. The government introduced reforms to open up the economy, reduce state control, and encourage private sector participation. The Multi National Companies across the globe were invited, encouraged to set up their businesses in India for cheap labour. To initiate this government also provided tax benefits to these companies.

These reforms led to significant growth in the financial sector. The stock market expanded, and new financial instruments like mutual funds and insurance products became popular. The liberalization era also saw the establishment of regulatory bodies like the Securities and Exchange Board of India (SEBI) to oversee the capital markets.

Digital Revolution

In recent years, digital technology has revolutionized financial management in India. Initiatives like the Pradhan Mantri Jan Dhan Yojana aimed to provide banking services to every household. The introduction of UPI or Unified Interface payments made transaction so quick and safe that today India is the largest country with the most number of online P2P and P2M transactions.

Impact on the Economy

The evolution of financial management has had a profound impact on the Indian economy:

Economic Growth: Financial reforms have fueled economic growth by attracting investments and promoting entrepreneurship. 

Financial Inclusion: Nationalization of banks and digital initiatives have improved financial inclusion. The number of users of credit cards, online payments, loans and Bank account holders has increased significantly.

Stability and Regulation: The establishment of regulatory bodies like the RBI and SEBI has ensured stability and transparency in the financial system. 

Innovation: The digital revolution has spurred innovation in financial services. Mobile Banking, Digital loans and Online Serices has made the work easier and efficient.

 Conclusion

The history of financial management in India is a story of transformation and resilience. From ancient practices to modern digital innovations, each phase has contributed to shaping the economy. As India continues to evolve, its financial system will play a crucial role in driving sustainable growth and development.

[careermantradotorg]

Indian Institute of Foreign Trade: A Comprehensive Overview

The Indian Institute of Foreign Trade (IIFT) stands as one of India’s premier institutes specializing in international business and trade. Established in 1963, IIFT has built a reputation for providing high-quality education, research, and consultancy in the areas of foreign trade and business strategy. With a strong legacy and commitment to academic excellence, the institute has contributed significantly to shaping India’s trade policies and business practices.

What is the Indian Institute of Foreign Trade (IIFT)?

The Indian Institute of Foreign Trade is an autonomous institution under the Ministry of Commerce & Industry, Government of India. Its primary goal is to provide professional education and training in foreign trade, promote research in the area of international business, and assist the government in shaping its foreign trade policies.

Located in New Delhi, with additional campuses in Kolkata and Kakinada, IIFT offers a wide range of courses focusing on global business. The institution offers an MBA in International Business (MBA-IB), Executive Programs, doctoral programs, and various short-term courses catering to professionals seeking knowledge in international trade.

The Legacy of IIFT in International Business Education

Since its inception, the Indian Institute of Foreign Trade has grown into a powerhouse of knowledge in global business. Its curriculum is continuously updated to reflect the dynamic changes in the world economy, ensuring that graduates are well-prepared to tackle complex challenges in international markets.

The MBA in International Business is IIFT's flagship program, designed to develop business leaders with a deep understanding of global trade dynamics. The rigorous curriculum focuses on areas such as trade policy, international marketing, supply chain management, and global financial systems. It also includes exposure to live projects, industry interactions, and opportunities to intern with leading organizations worldwide.

Key Programs at Indian Institute of Foreign Trade

MBA in International Business

The two-year full-time MBA in International Business (MBA-IB) is the most sought-after program at IIFT. The curriculum focuses on giving students a global perspective of business by offering specialized courses in areas like international trade laws, global supply chain management, cross-cultural management, and international financial management.

Executive Post Graduate Diploma in International Business (EPGDIB)

For professionals with work experience, IIFT offers an Executive Post Graduate Diploma in International Business (EPGDIB), designed for mid-level and senior professionals who wish to upskill themselves in international trade and business. This program is ideal for executives looking to transition into global leadership roles in multinational corporations.

PhD in International Trade and Business

The PhD program at IIFT allows students to undertake research in the domain of international business and foreign trade. This program is particularly valuable for individuals interested in academic careers or research-oriented roles in government and private sectors.

Short-Term Courses

In addition to long-term courses, IIFT offers a variety of short-term courses aimed at professionals and businesses looking to expand their knowledge in specific areas such as export-import management, WTO regulations, and international trade finance. These courses are often customized based on industry demand and cover various aspects of international business operations.

Research and Consultancy at IIFT

Apart from being an educational institution, IIFT also plays a crucial role in shaping India’s foreign trade policies through its research and consultancy services. The institute conducts in-depth research in areas such as global trade competitiveness, WTO policies, and emerging markets. IIFT’s faculty members have contributed to several key publications and policy papers that have had a significant impact on India’s international trade.

IIFT also provides consultancy services to national and international organizations, assisting them in enhancing their trade strategies. Through collaborations with various government bodies and international organizations like the World Trade Organization (WTO) and UNCTAD, IIFT helps businesses navigate the complexities of global markets.

Admission Process and Eligibility

MBA-IB Admission Process

The admission process for the MBA in International Business (MBA-IB) at IIFT is highly competitive. Aspiring candidates must clear the IIFT entrance exam, which tests their knowledge in areas like quantitative analysis, logical reasoning, data interpretation, and general awareness. The exam is followed by a group discussion, written ability test, and a personal interview round.

Eligibility criteria for the MBA-IB program require candidates to have a recognized bachelor’s degree with a minimum of 50% marks. Additionally, work experience, although not mandatory, is considered an added advantage for applicants.

Executive Program Admission

For the Executive Programs, candidates are required to have a minimum of three years of managerial work experience. Admission is based on academic qualifications, work experience, and performance in an interview process. In some cases, a written test may also be part of the selection process.

Global Collaborations and Exchange Programs

IIFT has established global collaborations with renowned international universities and business schools, allowing students to participate in exchange programs and broaden their understanding of international trade from a global perspective. These partnerships help IIFT students gain exposure to different markets and business environments across the globe.

Some of IIFT’s key global partners include:

IESEG School of Management, France

The University of Sydney, Australia

Università Bocconi, Italy

These exchange programs provide students with an excellent opportunity to experience diverse business cultures and practices, contributing significantly to their personal and professional growth.

Campus Life and Infrastructure

IIFT’s campuses are equipped with state-of-the-art infrastructure, offering an excellent environment for both academic and extracurricular activities. The institute has modern classrooms, well-stocked libraries, and advanced computing facilities to support its research and academic programs.

The New Delhi campus, being the oldest, offers an expansive environment where students can engage in various student-led activities and clubs. These clubs focus on areas such as finance, marketing, operations, and trade, providing students with hands-on experience and leadership opportunities outside the classroom.

Career Opportunities and Placements

IIFT boasts an exceptional placement record with top multinational companies and organizations recruiting its graduates. IIFT’s alumni hold leadership positions in several industries such as consulting, banking, logistics, and international trade. Leading companies like Deloitte, Amazon, HSBC, Tata Group, and several government agencies have hired IIFT graduates, offering roles in areas like trade analysis, business strategy, supply chain management, and financial consulting.

The placement process is comprehensive, with students receiving support from the institute's placement cell to prepare for interviews, internships, and career development.

Conclusion

The Indian Institute of Foreign Trade (IIFT) has cemented its place as one of the foremost institutions for global business education in India. With a strong focus on international business, world-class faculty, and global exposure, IIFT prepares its students to be leaders in the dynamic field of global trade.

[hi-ma-ni]

BPO Companies: How to Choose the Best BPO Company in India?

Today, business process outsourcing has become a growing trend. With so much data and consumers to manage, corporate confidence in Best BPO Company has grown over the years. India's IT and BPO services sector has grown rapidly since its inception in the mid-1990s and today has a turnover of US$37.6 billion. The Indian BPO market has grown due to economies of scale, reduced business risk, cost advantages, improved utilization, and superior experience. Among competitors such as Australia, China, the Philippines, and Ireland, India is now the world's leading hub for the consumption of BPO services. India's immense popularity as a global outsourcing destination is due to the country's low labor costs and a large pool of skilled and skilled workers gave an opportunity to companies like Ascent BPO to provide better services at reasonable prices.

But since many organizations in India offer quality data entry services, companies only need to choose the best ones after they have done their homework. Look on our website to learn how to choose the Best BPO Company like us.

What is business process deploying or outsourcing (BPO)?

Before we get started, we want to give our audience an overview of what a BPO is. Business process outsourcing companies provide services that allow companies to focus on their core business. Let us consider this problem in detail. You may not have the time or resources for a separate organization that you can trust to handle other aspects of your business. These other aspects can be anything from call center operations, marketing, SEO, finance to human resource activities. The sky is the limit. Now that business process outsourcing has sparked some interest, let's explain what to look for in the Best BPO company.

Some Best BPO company are given below:

Tata Consulting Services:

Tata Consulting Services (TCS) is the second-best outsourcing firm in India. TCS is an organization based in Mumbai in Bangalore. TCS provides trading services, platform solutions, analytics, information services, and more. TCS has more than 400,000 employees in India and thousands of employees in other parts of the world. Tata Advisory Services will generate revenue of approximately $23 billion in 2020.

Wipro:

Wipro is a leading multinational company providing IT services, consulting, and business operations. They serve their clients by applying their expertise in cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies.

Ascent BPO

Ascent BPO manages multiple streams such as data entry services, data entry projects, data entry processing, web research, financial accounting, and call center services. Get the best outsourcing service at the lowest possible price here. Wide access to major Indian metropolitan areas such as Delhi and Mumbai, as well as other major cities in India such as Bangalore, Chennai, and Kolkata.

First source solution:

Firstsource Solution is a leading provider of customized Business Process Management (BPM) services to the banking and financial, customer service, telecom, media, and health industries. It is headquartered in Mumbai, and also has operations in the United States, United Kingdom, and the Philippines. In addition, Firstsource Solutions recently won Gold and Silver Awards at the UK Complaint Management Awards 2020.

UrbanTimer:

UrbanTimer is a VA company based in Kolkata. Believing that your experience will be "the best in your business," the company offers administrative support, customer service, content creation, graphic design, project management, QuickBooks services, startups, and more.

Professional BPO Qualifications: What To Look For?

Companies considering working with a BPO company should know what to look for in potential partners. If you're wondering how to find the most qualified BPO company like Ascent BPO, a few key qualifications are good indicators that you're doing business with experienced professionals:

1.    Proven experience:

Your business processes should not be executed by ordinary people. One of the most important qualifications for Best BPO company is proven experience in the industry. Excellent customer testimonials show that your business has been treated similarly.

2.    Specialized Services:

We offer a variety of functions and processes, and specialized services demonstrate expertise. If you're wondering how to find the most qualified BPO company, it's a good sign to find a company that specializes in a field similar to yours.

3.    Reliability and Security:

Because Ascent BPO handles confidential and proprietary company information, you want to ensure that your BPO company's data security measures are in place. If you can tell that a BPO company values ??reliability and security, you know your data is safe.

4.    Focus on Metrics:

Being data-driven is one of the most important skills a BPO company should look for. A metrics-driven BPO company tests and shows clients how it is performing.

5.    Transparency:

Transparency is an important factor if you want to know how to find the most qualified BPO company. If a BPO company doesn't seem honest or transparent, you won't be satisfied with their work.

You should browse through the above-given details about BPO companies to find the most qualified BPO company. These elements will help you determine which BPO company is the best fit for your business.

Resource:https://www.ascentbpo.com/bpo-companies

Useful Links:

[blog101ig]

Riding the Digital Wave: Algorithmic Trading in India

Brief Introduction :-

Algorithmic Trading in India has emerged as a transformative force, leveraging advanced algorithms and cutting-edge technology to revolutionize financial markets. It uses intricate mathematical models to execute trades at blazing speed, giving traders speed and accuracy. We investigate available resources, negotiate regulatory frameworks, and look forward to the bright future of algorithmic trading in this ever-changing scene, which is revolutionizing our understanding of and interactions with finance in the Indian market.

History of Algorithmic Trading in India :-

In India, algorithmic trading began in the early 2000s and gained popularity when computerised trading platforms were introduced. An important turning point was the transition from conventional floor trading to screen-based systems, which set the stage for algorithmic trading techniques. Edelweiss Financial Services was a trailblazing organisation in this regard, having adopted algorithmic trading due to its effectiveness and speed, particularly when it came to processing big orders. As technology evolved, financial institutions in India followed suit, with the advent of Direct Market Access (DMA) further quickening the adoption and enabling traders to directly communicate with exchanges. The market has grown increasingly sophisticated over time as a result of Indian companies using artificial intelligence and creating their own proprietary algorithms. Algorithmic trading is currently a major participant in the financial ecosystem in India.The market has grown increasingly sophisticated over time as a result of Indian companies using artificial intelligence and creating their own proprietary algorithms. Algorithmic trading is becoming a major force in India's financial sector, changing the nature of the market and providing new opportunities for both investors and traders.

What is HFT?

High-frequency trading, or HFT for short, is a type of algorithmic trading that uses sophisticated algorithms to execute a large number of orders at speeds never seen before in the financial industry. HFT has emerged as a major force in the Indian financial scene, using cutting-edge technology to take advantage of tiny price differences and inefficiencies in the market. HFT seeks to take advantage of momentary opportunities by analysing data quickly and acting quickly, improving market efficiency and liquidity. Its function is scrutinised, too, and this has sparked debates about how it affects market stability and the necessity of regulatory regimes.

Regulations for Algorithmic Trading in India :-

The Securities and Exchange Board of India oversees algorithmic trading in India (SEBI). The "Algorithmic Trading Framework," a set of recommendations published by SEBI in 2011, was designed to guarantee equitable and transparent market operations. To protect against systemic risks associated with algorithmic trading and to promote market integrity, the laws include requirements for the use of "unique client codes" to track individual trades, risk controls, and order-to-trade ratio limitations.

Skills Required for Algorithmic Trading :-

Econometrics is a tool used in algorithmic trading to model and analyse economic data, offering insights into market movements and possible trading opportunities.

Programming abilities are necessary for developing and putting trading algorithms into practice, which allows for the automation and quick execution of strategies in volatile market environments.

Quantitative analysis: Used to assess market dynamics and financial instruments, enabling traders to spot trends and create data-driven algorithmic trading methods.

Probability and statistics are used to evaluate the chance of market events, which helps with risk management and the development of algorithms that adapt to shifting market conditions.

Proficiency in Financial Markets and Trading: Essential for comprehending market subtleties, allowing traders to create algorithms that conform to current market structures and circumstances.

The ability to reason logically is essential for creating algorithmic trading strategies with clear rules and logic that enable methodical decision-making in the face of changing market conditions.

Conclusion and Future Scope :-

In summary, algorithmic trading has improved market efficiency and opened up new trading opportunities for traders, dramatically changing the Indian financial scene. As the sector continues to be shaped by technological breakthroughs, machine learning, and regulatory frameworks, the future prospects are bright. Algorithmic trading is expected to become increasingly prevalent and play a crucial part in the future of India's financial markets, which are active and growing at a quick pace.

[financemaster1]

Making Financial Transactions Effortless and Smart

From seeking quick loans to making international money transfers or even paying utility bills, these transactions have become an integral part of our routine. But what if there was a way to simplify these processes, making them not just effortless but also smart? Enter Muthoot FinCorp ONE, an all-in-one digital financial platform designed to revolutionize the way you handle your finances.

The Convenience You Deserve

At Muthoot FinCorp ONE, convenience isn’t just a promise; it's a commitment we live by. Muthoot FinCorp ONE gives you the ability to secure a Gold Loan swiftly, without any hassle, and from anywhere you prefer, be it the comfort of your home or at any of our 3600+ branches across India. With our quick doorstep service, you can have your Gold Loan sanctioned in as little as 30 minutes*. Plus, we offer competitive interest rates as low as 0.83%* per month and, as a cherry on top, a zero* processing fee. You can avail the Gold Loan at offered gold rates up to ₹4200/gm, making it a lucrative and hassle-free option for your financial needs.

Digital Gold and Beyond

We understand the importance of diversifying your portfolio, which is why we offer the opportunity to invest in Digital Gold. With an entry point as low as Re. 1, you can start your journey into gold investment, secured at 99.99% purity, and trade it at market prices, all stored safely and securely.

NCDs for a Secure Investment Future

For those seeking stability and high returns, our Non-Convertible Debentures (NCDs) present an excellent opportunity to build a robust investment portfolio. Starting with just Rs. 10,000, enjoy returns of up to 9.43%* with fast-tracked investments, high-yield, low-risk opportunities, and flexible tenure durations to suit your needs.

Simplified Forex Transactions

Navigating the complexities of foreign exchange transactions can be daunting, but not with Muthoot FinCorp ONE. Enjoy secure and reliable forex services with competitive exchange rates and guaranteed 24-hour* transfers. We also provide a buy-back guarantee, ensuring your peace of mind throughout the process.

Seamlessly Handle Payments and Recharges

From bill payments to recharges, Muthoot FinCorp ONE simplifies it all. Recharge your DTH or prepaid mobile, pay electricity, internet, or LPG gas cylinder bills instantly, or manage your financial services and taxes hassle-free—all with a few taps on our app. Moreover, pay your rent or vendors effortlessly, making the entire process quick, secure, and available 24x7.

Our commitment to making your financial life easier continues with the Muthoot FinCorp ONE app. It’s your gateway to effortless Gold Loans, Digital Gold investments, Forex transactions, and more, available whenever and wherever you need it. Expect regular updates, enhanced services, and an unwavering dedication to simplifying your financial journey.

Muthoot FinCorp ONE is not just about transactions; it's about transforming the way you interact with your finances. Experience ease, convenience, and reliability—all in one place.

At Muthoot FinCorp ONE, we're not just simplifying financial transactions; we are empowering you to make smarter choices, effortlessly. Join us and witness a new era of financial convenience and intelligence.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[chimax-crypto]

Introducing Choice Group: Your Secret Weapon for Financial Awesomeness in India

Choicese (CHC-SES) Transforms Asset Management Landscape in India with a $10 Billion Fund

Choicese (CHC-SES), a renowned financial institution, has entered the Indian market with a resounding impact, revolutionizing the landscape of asset management and empowering individuals to achieve their financial goals. With an impressive $10 billion fund under its management, Choicese brings extensive experience and expertise to cater to the diverse needs of investors in India. Unveiling a Comprehensive Suite of Services Choicese offers a comprehensive suite of services designed to simplify personal finance and provide tailored solutions to meet individual needs. From seamless trading to insurance coverage and retirement planning, Choicese aims to empower individuals with a wide range of financial services.

Seamless Trading Solutions: Choicese's platform provides a seamless trading experience, allowing individuals to trade equities, commodities, and currencies with ease. With advanced tools and real-time market data, investors can stay informed and make informed decisions to optimize their investment portfolios.

Diversified Mutual Fund Portfolio: Choicese serves as a convenient hub for buying and selling various types of mutual funds, providing investors with a diverse range of investment options. Whether it's equity funds, debt funds, or hybrid funds, Choicese offers accessibility and convenience for individuals to diversify their investment portfolios based on their risk appetite and financial goals.

Tailored Insurance Products: Choicese recognizes the importance of safeguarding one's financial well-being in times of uncertainty. Therefore, it offers a diverse portfolio of insurance products to provide individuals with tailored coverage options. Whether it's life insurance, health insurance, or general insurance, Choicese ensures that individuals have the necessary protection to secure their financial future.

Hassle-Free Personal Loans: Choicese simplifies the process of obtaining personal loans, offering hassle-free solutions with minimal documentation. Whether it's for education, medical expenses, or any other personal need, Choicese provides individuals with flexible loan options and competitive interest rates to meet their financial requirements.

National Pension Scheme (NPS) Facilitation: As a facilitator of the National Pension Scheme (NPS), Choicese empowers individuals to plan for a secure and regular income post-retirement. With Choicese's expertise and guidance, individuals can make informed decisions regarding their pension contributions, ensuring a financially stable future.

Bond Investments for Optimal Returns: Choicese presents opportunities to invest in bonds, diversifying investment portfolios and optimizing returns. With a wide range of bond options, individuals can explore fixed income investments that align with their risk tolerance and financial objectives.

Public Provident Fund (PPF) for Long-Term Tax Savings: Choicese offers the popular Public Provident Fund (PPF), providing individuals with stable returns and long-term tax benefits. By investing in PPF, individuals can enjoy tax deductions while accumulating wealth over time. Why Choose Choicese (CHC-SES)?

Choicese stands out as a trusted financial partner due to its commitment to technological innovation, market insights, and a proven track record of success. Through the Choicese FinX Trading App, individuals gain access to a sophisticated and user-friendly interface, enabling seamless wealth management. Additionally, Choicese provides valuable market insights and expert analysis, empowering individuals to make informed investment decisions.

Choicese (CHC-SES) has made a remarkable entry into the Indian market, offering a comprehensive suite of services to empower individuals in their financial journey. With its seamless trading solutions, diversified mutual fund portfolio, tailored insurance products, hassle-free personal loans, NPS facilitation, bond investments, and PPF offerings, Choicese caters to the diverse financial needs of its clients. Backed by a $10 billion fund managed with expertise and excellence, Choicese is poised to transform the asset management landscape in India. Visit Choicese's website at [https://choiceses-india.com] to embark on a transformative financial journey towards prosperity and financial freedom.

Choicese (CHC-SES) Revolutionizes Indian Asset Management with a Groundbreaking $10 Billion Fund

In a move that signifies a major shift in the Indian financial landscape, Choicese (CHC-SES) has recently entered the market, wielding a formidable $10 billion fund. This entry not only diversifies the asset management options available to Indian investors but also introduces a new paradigm in personal financial management.

Key Offerings and Strategic Impact

Innovative Trading Platform: Choicese debuts with a cutting-edge trading platform, enhancing the trading experience in equities, commodities, and currencies. The integration of advanced analytical tools and real-time market updates positions investors to capitalize on market movements effectively.

Expansive Mutual Fund Selection: The company provides an extensive array of mutual funds, including equity, debt, and hybrid options. This broad selection caters to a variety of investment strategies and risk profiles, empowering investors with choices that align with their long-term financial aspirations.

Personalized Insurance Options: Emphasizing the need for comprehensive financial security, Choicese introduces a range of customized insurance products. This initiative ensures that clients have access to the right insurance coverage, from life and health to general insurance, catering to their unique circumstances.

Simplified Loan Processes: With a focus on accessibility, Choicese streamlines the process for obtaining personal loans. This approach minimizes paperwork and maximizes efficiency, addressing diverse needs like education, healthcare, and other personal investments.

Retirement Planning via NPS: Choicese actively facilitates participation in the National Pension Scheme (NPS), offering guidance and expertise to secure a stable retirement. Their advisory services help clients navigate pension contributions for a financially secure future.

Diverse Bond Investment Opportunities: The firm introduces a variety of bond investment options, broadening investment portfolios and enhancing return potentials. These investments are tailored to suit different risk tolerances and financial objectives.

Public Provident Fund (PPF) for Long-Term Savings: Choicese offers the PPF, an established avenue for secure, long-term savings with tax benefits. This is particularly appealing to investors seeking stable and consistent returns.

Why Choicese (CHC-SES) is a Game-Changer?

Choicese's approach is underpinned by a commitment to technological advancement and deep market insights. The Choicese App exemplifies this, offering an intuitive, user-friendly platform for effective wealth management. Coupled with expert market analysis, Choicese is well-positioned to guide investors towards informed and strategic financial decisions.

In conclusion, Choicese's launch in India is a significant milestone in asset management. Its comprehensive suite of services, backed by a substantial $10 billion fund, sets a new standard in the industry and promises to transform the way Indian investors approach their financial planning. For more details on Choicese's offerings and to begin your financial journey, visit [https://choiceses-india.com].

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BA in Economics Course: Admission, Duration, Eligibility, Practical Aspects, Career Opportunities

Are you fascinated by the intricate workings of economies, the forces that drive financial markets, and the policies that shape nations? Pursuing a Bachelor of Arts (BA) in Economics might be your ideal academic journey. In this comprehensive guide, we will delve into the depths of BA in Economics, exploring crucial details, eligibility criteria, admission processes, course variations, fees, and top colleges in India. Whether you’re a prospective student or simply curious about this field, fasten your seatbelts as we embark on this enlightening expedition.

BA Economics Course Details 

The BA in Economics is a multidisciplinary program that equips students with a profound understanding of economic theories, statistical methods, and policy analysis.  

This course offers a diverse curriculum, ranging from microeconomics and macroeconomics to econometrics and developmental economics. Students delve into topics like market structures, international trade, public finance, and economic history, gaining a holistic perspective on economic phenomena. 

If you want to understand the detailed form of a BA Economics program, you’re at the right place: 

BA in Economics Course Duration: 

Duration: 3 years (6 semesters) 

Full-Time or Part-Time: Usually offered as a full-time course. 

BA in Economics Eligibility Criteria: 

Educational Qualification: Candidates should have completed their higher secondary education (10+2) from a recognized board or institution. 

Minimum Marks: Some universities might require a minimum percentage in the qualifying examination for admission. 

BA in Economics Course Curriculum: 

The curriculum for BA in Economics can vary slightly between universities, but it generally includes the following subjects: 

1st Year: 

Principles of Microeconomics 

Principles of Macroeconomics 

Mathematics for Economics 

Statistics for Economics 

Introductory Microeconomics 

Introductory Macroeconomics

2nd Year: 

Intermediate Microeconomics 

Intermediate Macroeconomics 

Econometrics 

Economic History 

Development Economics 

Indian Economy 

International Economics

3rd Year: 

Advanced Microeconomics 

Advanced Macroeconomics 

Public Economics 

Environmental Economics 

Financial Economics 

Political Economy 

Dissertation/Research Project

BA in Economics Practical Aspects: 

Internship/Practical Training: Some universities incorporate internships or practical training programs where students gain real-world experience in economic research, policy analysis, or related fields. 

BA in Economics Assessment: 

Examinations: Students are assessed through semester examinations, which include theoretical papers and practical assessments. 

Projects and Assignments: Students may be required to submit projects, assignments, and presentations as a part of their coursework assessment. 

BA in Economics Specializations: 

Some universities allow students to specialize in specific areas of economics during their BA program, such as: 

Financial Economics: Focuses on the application of economic principles to financial markets. 

Development Economics: Concentrates on economic issues related to developing countries. 

International Economics: Emphasizes global economic issues, trade, and international finance.

BA in Economics Career Opportunities: 

Economist: Conduct economic research and analyse data to predict market trends and behaviour. 

Financial Analyst: Evaluate financial data, study economic trends, and provide investment guidance. 

Policy Analyst: Analyse economic policies, assess their impact, and make recommendations for policy changes. 

Market Research Analyst: Study market conditions to identify potential sales opportunities for a product or service.

BA in Economics Further Studies: 

After completing a BA in Economics, students can pursue postgraduate studies (MA/MSc in Economics) or opt for professional courses like an MBA with a specialization in Finance or Economics. 

BA Economics Admission 2023 

Admission into BA Economics programs varies across universities. Some institutions conduct their entrance exams, evaluating candidates based on their academic performance and performance in the entrance tests. Application deadlines, required documents, and other essential details are often available on the respective university websites. 

BA Economics Entrance Exams 

Several universities and colleges conduct entrance exams for BA Economics.  

These exams assess candidates’ analytical and quantitative skills, along with their knowledge of economics. Some renowned entrance exams include  

DUET (Delhi University Entrance Test) and JNUEE (Jawaharlal Nehru University Entrance Exam). 

BA Economics Fees Details 

The tuition fees for BA Economics programs vary widely depending on the university, location, and facilities provided. It’s advisable to research different institutions and their fee structures. Additionally, many universities offer scholarships and financial aid programs to support meritorious and deserving students. 

Types of BA Economics Courses 

BA Economics programs come in various forms, such as regular full-time courses, part-time evening classes, and online/distance learning programs. Distance BA Economics courses cater to individuals who are unable to attend traditional classes due to work or other commitments, offering flexibility and convenience. 

Top BA Economics Private Colleges in India 

India boasts several prestigious institutions renowned for their BA Economics programs. Some of the top private colleges include St. Xavier’s College, Loyola College, Christ University, and Narsee Monjee College of Commerce and Economics. These colleges are known for their academic excellence, experienced faculty, and state-of-the-art facilities. 

BA in Economics Syllabus and Subjects 

The BA Economics syllabus is designed to provide a comprehensive understanding of economic theories and their real-world applications.  

Subjects covered include Microeconomics, Macroeconomics, Mathematics for Economics, Statistics, Econometrics, Public Economics, International Economics, and Development Economics. The syllabus is crafted to prepare students for diverse career paths in economics and related fields. 

Distance BA Economics Course 

Distance education has become increasingly popular, offering flexibility to students who cannot attend regular classes. Distance BA Economics programs provide study materials, online lectures, and support, allowing students to pursue their academic goals at their own pace. In conclusion, a BA in Economics opens doors to a world of opportunities, shaping individuals into analytical thinkers and decision-makers. By understanding the intricacies of economies, graduates can contribute meaningfully to society, making informed policy decisions and driving economic progress. As you embark on this educational journey, keep these insights in mind, and remember, knowledge is the key to unlocking a future full of possibilities. Source Url: https://www.aimlay.com/ba-in-economics-course-admission-duration-eligibility-practical-aspects/

[hbssolutionsind]

Tally products and their specializations in India

Tally is one of the best business software providers with global references. Tally spearheaded the "codeless" account which has since revolutionized the accounting sector. Intending to offer an affordable, effective, and simple-to-use solution, Tally developed robust and customizable TallyPrime software then Download Tally Software.

Tally products have diversified features that help you to carry out many activities like managing Inventory, Sales, Point of Sales, Purchase, Manufacturing, Costing, Payroll, Branch Management, Accounting, and Finance in addition to functionalities such as excise, statutory processes, and many more. 

Tally products offer exceptional security features useful for securing all your data and files. You have access to smooth connection with all your staff, at various branch locations, CA's, and at any time without leaving your position. All these make Tally products revered and the most preferred TallyPrime software.

One of the most important software from Tally is TallyPrime. This software is used by many businesses and since its release more than 2 decades; the software solution has been growing in leaps and bounds. Now, it has come to a stage where they have great performance software that meets the demands of all businesses whether small or big. The Tally product comes with different features, adds-on, tally modules, and personalized solutions for specific industries. 

    With such diversified functionalities, cost-effectiveness, and efficient customer support to answer all your queries and issues, TallyPrime comes with the following line of products for your use.

TallyPrime software:

This software solution is ideal for Small and Medium Scale Enterprises that deal with trading, distribution, manufacturing, and service providers. This business software features key modules covering financial accounting and management, banking, inventory management, payroll, and statutory.  

  TallyPrime Server

  This Tally product is designed to meet the needs of medium and large organizations in search of new ways to work efficiently. TallyPrime Server comes with an amazing design that makes your data protected and secured and at the same time, provides easy access from a single platform.

TallyPrime Auditor Edition

This is an auditing software solution solely designed to meet the needs of Chartered Accountants. With this software, you can easily deliver tax compliance and Audit services without leaving your office. This software will assist you to enhance your services and make you enjoy ease while achieving the optimum.

  Tally.NET Subscription

This service comes with TallyPrime offering products update, data synchronization from many locations, remote access, and a variety of additional features that give a boost to your business performance. 

      Why Tally?

Tally believes in using the power of technology to help business owners work efficiently, and become better-off, so they can concentrate more on the important things in their business. 

Tally delivers amazing flexibility in their product making it adaptable to different businesses and the way they work. 

Tally rewards Certified Partners for their expertise with Tally products and their capacity to deliver outstanding customer service. Tally Certified Partners are completely prepared and ready to analyze your company needs, propose the best product, implement it, provide service and support, and even supply add-ons or solutions to tailor your user experience. In terms of automating your working practices, they function as your business consultants.

  HBS Solutions is one of the best Tally partners that can help with Tally customization and handling. Every business has different needs and since the Tally products come with basic functionalities, there is a need to customize to suit your business needs. That is where you need the help of an expert. 

HBS Solutions collaborates with their clients, to know how their business works, gain insight into their business operations, particular priorities, and procedures, and work on them. The team then determines the amount of demand that can be achieved by utilizing Tally's software basic functionality. If a gap exists, it is found and addressed for Tally Customization. In a nutshell, we ensure that the consumer benefits the most from Tally's features.

HBS Solutions have extensive expertise in implementing Enterprise business solutions available in the Tally enterprise framework. HBS Solutions provides comprehensive Tally solutions, including consulting, planning, development, execution, and training. We significantly increase our customers' performance by adopting an outstanding knowledge of business practices and executing them.

    At HBS Solutions, we employ a precise technique that helps clients utilize Tally's features to the utmost and without draining their budget. Our service is cheap and yet effective. Our excellent performance at HBS Solutions is due to our ability to remain resilient, prompt customer support, a customer-focused approach, encouragement, and rewards for its staff, as well as its happy business partners.

At HBS Solutions, we employ a clear technique that enables clients to utilize Tally's advantages to the utmost extent and most economically. We are competent in all stages of Tally customization for any type of organization, Tally on Cloud solutions, Tally Training, and Tally Services.

HBS Solutions is dedicated to making things simpler, faster, and more accurate for you, regardless of whether you want TallyPrime setup or desire bespoke Tally integration. You may quickly do e-way billing with this TallyPrime software and obtain specialized Tally add-ons.

We are familiar with Tally and want to make sure that our clients are getting the best out of it too. The satisfaction of our customers is our priority and this is what is motivating us at HBS Solutions. Our team of experts is knowledgeable about the Tally world and has received training in how to treat clients politely. We can provide our customers with all the assistance they require to get the most out of their Tally installation because of our dedication and commitment to providing tailored and customized service.

Do you want to know more about how we can help you make the most of your Tally products, contact us today! As a certified Tally partner, we can assist you and respond to your questions via Remote Access.

Read more : Price Of Tally Software

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2023 Wrapped: Here Are Top 10 Logistics Trends That Defined The Year

2023 has been a year of new beginnings for the Indian logistics industry. It is the year logistics companies bounced back from the post-pandemic slump and set out to recover from their losses. The year also witnessed a steady growth in eCommerce, with the spotlight on quick commerce and last mile logistics. The later part of 2023 saw the government extending generous support to digital commerce and logistics, through initiatives like Open Network for Digital Commerce (ONDC) and National Logistics Policy (NLP).

Looking back, we can confidently assert that 2023 has been a good year for India’s logistics sector. From the increased focus on supply chain sustainability to extensive experimentation with drone deliveries, here are the top trends that defined logistics this year.

1. Greener transportation and supply chain

The amount of greenhouse gases generated by India’s transportation sector has nearly tripled since the 1990s, accounting for over 14% of our total energy emissions. The problem is quite severe if we take into account the massive carbon footprint left by India’s booming supply chain.

In 2022, there was a rise in awareness around cleaner and greener logistics practices, with a nudge on electrifying India’s cargo transportation. Logistics and transportation startups unveiled their fleet of electric (EV) and clean energy vehicles. At Blowhorn, we converted 30% of our fleet to clean fuels and took the pledge of running 100% of our fleet on clean energy by 2025.

In addition, other green practices like solar-powered warehousing, eco-friendly packaging and paperless invoicing were also adopted widely.

2. Third party logistics

The concept of third-party logistics (3PL) took off in India only a few years back. In 2022, India’s 3PL market reached a staggering $58.4 Bn in valuation, with a projected annual growth of 7.42%.By 2027, the market is estimated to reach more than $83.53 Bn.

The 3PL market is primarily driven by manufacturing, FMCG, retail and eCommerce sectors — all of which experienced commendable growth this year. Keeping in mind the needs of the modern Indian entrepreneur, 3PL service providers are also improving their operational speed with the incorporation of technology.

In the coming days, development of infrastructures like logistics parks, dedicated freight corridors, free trade warehousing zones, and container freight stations are expected to improve the efficiency of the Indian 3PL market.

3. Higher investment in technology

With higher investment technology seeping into eCommerce, retail, education, hospitality, finance, and all other sectors, why should logistics be left behind? With increasing market demand for superfast delivery, Indian logistics startups invested more on modern technology to boost their operations.

Experts believe that India is headed towards a technological revolution in logistics. Tech like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) are optimally benefitting the supply chain in terms of seamless management, improved route planning, warehouse automation, digital payments and much more.

At Blowhorn, we are already speeding up our deliveries with AI-powered route optimization software. Our automated warehouse management system helps in seamless handling of stored inventory and order dispatch, while we offer a real-time tracking system for all our orders. We have also adopted novel technologies like geo-fencing to reduce the menace of fake delivery attempts.

4. LaaS (Logistics as a Service)

We are well-acquainted with Software as a Service (SaaS) companies. This year saw the emergence of companies following a similar model in fulfillment, offering Logistics as a Service (LaaS). Ideally, this presents a plug and play model for your business’s logistics needs, which you can avail via a simple integration with your 3PL partner.

Blowhorn has set the ball rolling for LaaS in India, offering end-to-end logistics solutions with warehousing, transportation and hyperlocal delivery.

5. Greater supply chain transparency

With rising consumer concerns, logistics stakeholders worked towards improving supply chain visibility and transparency in 2023. Companies are striving to become more transparent with regards to the sustainability of their supply chains. Globally, 2023 saw more companies offering insights on their labor practices, job creation, sourcing methods and compliance with regulatory requirements — in a bid to enhance their brand image among the conscious modern consumer.

6. Blockchain in last mile logistics

While AI is helping to improve speed and efficiency, blockchain has been deemed as a viable solution for more transparency and visibility in last mile logistics. In India and abroad, companies have started incorporating blockchain to optimize the last mile deliveries. The technology has found best use in high value inventory tracking, secure invoicing and payments, fraud detection, improved supply chain transparency, dispute resolution and creating a fair freight marketplace.

With the launch of Open Network for Digital Commerce (ONDC) by the Indian government, there is hope that we will witness further adoption of blockchain in the digital commerce and logistics space. In fact, ONDC itself is a blockchain-based protocol which aims to create a fair and transparent marketplace for small and medium-sized businesses across India. With Blowhorn being one of the early participants of ONDC, we too are waiting and watching the best use case for blockchain in our fulfillment services in the near future to help our customers.

7. Micro-fulfillment > Traditional Warehousing

2022 saw a rise in demand for same day delivery, which is quite difficult to fulfill if your inventory is stocked in a warehouse far away from the customer's location. The longer the delivery distance, the more the delivery time — a simple thumb rule to keep in mind.

This is why top in 2023 opted for micro ecommerce-fulfillment centers or micro-warehouses. The concept of micro-warehousing follows a just-in-time inventory management approach, with goods never staying here for more than a day. The limited inventory is stocked in a network of collocated storehouses at high-demand pincodes. Not only does the process help in reducing a brand’s capital spend on inventory, but it also improves efficiency and decreases resource wastage.

Much before the pandemic, we launched India’s first micro-warehouses or micro-fulfillment centers as an experiment in 2018. Now we maintain an expansive network of micro-warehouses across 28 cities of India. Read this article to find out why more eCommerce startups are choosing micro-fulfillment in 2023-24.

8. Automation in shipping

When it comes to automation in shipping, the process works on a predefined pathway involving packaging, warehousing, material handling and security. In India, the adoption of automation in logistics and shipping has been steadily increasing since the pandemic.

In 2023, 3PL fulfillment companies like Blowhorn incorporated automated solutions to boost efficiency by** reducing overhead costs** and time, streamlining the supply chain and minimizing the chances of manual errors.

9. Extensive focus on hyperlocal logistics

2023 saw a high growth in the hyperlocal space with the emergence of newer players in the quick commerce sector. Meanwhile, eCommerce giants and existing logistics players focused more on faster deliveries to not miss out on their customer needs.

Improved internet penetration led to the growth of fast fulfillment in suburbs and rural belts, thus creating a need for hyperlocal elements like dark stores, micro-ecommerce fulfillment centers along with local delivery jobs.

At Blowhorn, we have developed a platform-agnostic technology to be able to integrate with a wide range of businesses ranging from D2C, marketplaces and omni channel players. Our hyperlocal strategy is defined by AI-based dynamic route planning, real-time order clubbing, automated warehousing, blockchain and even drone deliveries. We are aiming to build a sustainable hyperlocal delivery system to tackle small profit margins, high overhead costs and ever-evolving consumer expectations.

10. Experimentation with Drone Deliveries

Delivery by drones is not new. The idea has been widely explored by logistics providers across India but is yet to be adopted at scale. The idea of mapping a three-dimensional delivery route via drones holds immense potential and has excited the Indian government authorities as well. Jyotiraditya Scindia, the Union Minister for Civil Aviation, has stated the administration’s objective to turn India into a major drone hub by 2030.

Leading logistics players like Blowhorn and others are already chalking out the blueprint to make drone delivery an everyday reality. Gartner predicts that by 2026, more than one million drones will be carrying out retail deliveries, up from 20,000 today. Last year, the Indian government also released the draft of The Drone Rules, 2021, aiming to liberalize drone delivery while fulfilling the safety regulations. Autonomous last-mile delivery via these mini flying machines will significantly determine the growth trajectory of Indian logistics in the upcoming future.

[bh24news]

Manmohan singh death time 7-day national mourning for ex-PM Manmohan Singh, last rites to be held tomorrow

Manmohan Singh’s Demise: A National Loss

On 26 December 2024, India lost one of its most respected leaders, Dr. Manmohan Singh, at the age of 92. He passed away at AIIMS, New Delhi, after a sudden loss of consciousness at home earlier that day.

Manmohan singh death time

Medical Efforts: Resuscitative measures were initiated immediately, but despite best efforts, he was pronounced dead at 9:51 PM.

AIIMS Statement

The hospital reported:

Initial Incident: Singh lost consciousness at home.

Medical Efforts: Resuscitative measures were initiated immediately, but despite best efforts, he was pronounced dead at 9:51 PM.

This marks the end of an extraordinary life devoted to public service and economic transformation.

Prime Minister Narendra Modi’s Tribute

Prime Minister Narendra Modi expressed profound grief over Singh’s passing, calling him one of India’s “most distinguished leaders.”

Modi’s Statement on X: “As our Prime Minister, he made extensive efforts to improve people’s lives. India mourns his passing.”

Manmohan Singh: A Visionary Leader

Journey to Leadership

Dr. Manmohan Singh rose to prominence with his bold economic reforms in the 1990s, which transformed India’s economy.

1991: As Finance Minister, he initiated economic liberalization, opening up India to global markets.

2004: Singh became Prime Minister after Sonia Gandhi, Congress leader, chose him over herself for the role.

Notable Achievements as PM

Rural Employment Schemes: Introduced welfare programs like the National Rural Employment Guarantee Act (NREGA).

Landmark Nuclear Deal: Struck a historic agreement with the US in 2008, opening avenues for peaceful nuclear trade after three decades.

Global Recognition: Was the guest of honor at US President Barack Obama’s first state dinner in 2009.

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Manmohan Singh, Former Prime Minister and Architect of India’s Economic Reforms, Passes Away at 92.

A Visionary Leader Departs

Manmohan Singh, India’s former Prime Minister and the architect of its transformative economic reforms, has passed away at the age of 92. Known for his humility, intellect, and quiet determination, Singh left an indelible mark on the nation. His passing marks the end of an era in Indian politics, but his contributions will remain etched in history.

Architect of India’s Economic Liberalization

It was in 1991, during his tenure as Finance Minister under Prime Minister P.V. Narasimha Rao, that Singh unveiled the sweeping economic liberalization policies that changed India’s trajectory. With the country on the brink of a financial collapse, Singh introduced reforms to open up India’s economy, including de-licensing industries, reducing trade barriers, and encouraging foreign investment. These decisions, though initially met with skepticism, laid the foundation for India’s emergence as a global economic powerhouse.

Leadership as Prime Minister

Singh served as the Prime Minister from 2004 to 2014, leading India through a period of rapid growth and significant global integration. Under his leadership, the country saw landmark initiatives like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the Right to Information (RTI) Act. These measures not only spurred economic growth but also empowered millions of citizens, especially in rural areas.

A Life of Academic Excellence

Before entering politics, Singh had a distinguished academic career. Holding a doctorate in economics from Oxford University, he worked at institutions like the United Nations and the Reserve Bank of India. His scholarly expertise was evident in his approach to policymaking, where he often combined pragmatism with a deep understanding of global economics.

A Politician Who Shunned the Limelight

Despite holding the highest office in the land, Singh remained a man of few words. His understated style of leadership stood in stark contrast to the more flamboyant personalities in Indian politics. Yet, his calm demeanor and focus on delivering results earned him respect across party lines.

Controversies During His Tenure

However, Singh’s tenure as Prime Minister was not without its challenges. Allegations of corruption and policy paralysis during his second term clouded his legacy. While critics accused him of being a “silent spectator,” his supporters argue that his integrity and dedication to the nation were never in doubt.

Tributes Pour In

As news of Singh’s passing spread, tributes poured in from across the political spectrum and beyond. Prime Minister Narendra Modi called him “a towering figure in Indian politics,” while Congress leader Sonia Gandhi hailed his contributions as “historic.” Global leaders, too, acknowledged his role in shaping modern India.

His Legacy in Indian Politics

Manmohan Singh’s legacy is a testament to the power of knowledge, hard work, and integrity in public service. While his leadership style may not have been conventionally charismatic, his policies profoundly shaped India’s socio-economic landscape.

A Final Farewell

As the nation bids farewell to one of its most respected leaders, the void left by Manmohan Singh is deeply felt. Yet, his vision and ideals will continue to inspire generations, reminding them that progress, even in the face of adversity, is always achievable.