#virtual currency india

[probablyasocialecologist]

The standard legend of India’s Green Revolution centers on two propositions. First, India faced a food crisis, with farms mired in tradition and unable to feed an exploding population; and second, Borlaug’s wheat seeds led to record harvests from 1968 on, replacing import dependence with food self-sufficiency.

Recent research shows that both claims are false.

India was importing wheat in the 1960s because of policy decisions, not overpopulation. After the nation achieved independence in 1947, Prime Minister Jawaharlal Nehru prioritized developing heavy industry. U.S. advisers encouraged this strategy and offered to provide India with surplus grain, which India accepted as cheap food for urban workers.

Meanwhile, the government urged Indian farmers to grow nonfood export crops to earn foreign currency. They switched millions of acres from rice to jute production, and by the mid-1960s India was exporting agricultural products.

Borlaug’s miracle seeds were not inherently more productive than many Indian wheat varieties. Rather, they just responded more effectively to high doses of chemical fertilizer. But while India had abundant manure from its cows, it produced almost no chemical fertilizer. It had to start spending heavily to import and subsidize fertilizer.

India did see a wheat boom after 1967, but there is evidence that this expensive new input-intensive approach was not the main cause. Rather, the Indian government established a new policy of paying higher prices for wheat. Unsurprisingly, Indian farmers planted more wheat and less of other crops.

Once India’s 1965-67 drought ended and the Green Revolution began, wheat production sped up, while production trends in other crops like rice, maize and pulses slowed down. Net food grain production, which was much more crucial than wheat production alone, actually resumed at the same growth rate as before.

But grain production became more erratic, forcing India to resume importing food by the mid-1970s. India also became dramatically more dependent on chemical fertilizer.

According to data from Indian economic and agricultural organizations, on the eve of the Green Revolution in 1965, Indian farmers needed 17 pounds (8 kilograms) of fertilizer to grow an average ton of food. By 1980, it took 96 pounds (44 kilograms). So, India replaced imports of wheat, which were virtually free food aid, with imports of fossil fuel-based fertilizer, paid for with precious international currency.

Today, India remains the world’s second-highest fertilizer importer, spending US$17.3 billion in 2022. Perversely, Green Revolution boosters call this extreme and expensive dependence “self-sufficiency.”

[whencyclopedia]

Smoke and Ashes: Opium's Hidden Histories

"Smoke and Ashes: Opium’s Hidden Histories" is a sweeping and jarring work of how opium became an insidious capitalistic tool to generate wealth for the British Empire and other Western powers at the expense of an epidemic of addiction in China and the impoverishment of millions of farmers in India. The legacy of this “criminal enterprise,” as the author puts it, left lasting influences that reverberate across cultures and societies even today.

Written in engaging language, Smoke and Ashes is a scholarly follow-up to the author’s famous Ibis trilogy, a collection of fiction that uses the opium trade as its backdrop. In Smoke and Ashes, the author draws on his years-long research into opium supplemented by his family history, personal travels, cross-cultural experience, and expertise in works of historical verisimilitude. Composed over 18 chapters, the author delves into a diverse set of primary and secondary data, including Chinese sources. He also brings a multidimensional angle to the study by highlighting the opium trade's legacy in diverse areas such as art, architecture, horticulture, printmaking, and calligraphy. 23 pictorial illustrations serve as powerful eyewitness accounts to the discourse.

This book should interest students and scholars seeking historical analysis based on facts on the ground instead of colonial narratives. Readers will also find answers to how opium continues to play an outsize role in modern-day conflicts, addictions, corporate behavior, and globalism.

Amitav Ghosh’s research convincingly points out that while opium had always been used for recreational purposes across cultures, it was the Western powers such as the British, Portuguese, the Spaniards, and the Dutch that discovered its significant potential as a trading vehicle. Ghosh adds that colonial rulers, especially the British, often rationalized their actions by arguing that the Asian population was naturally predisposed to narcotics. However, it was British India that bested others in virtually monopolizing the market for the highly addictive Indian opium in China. Used as a currency to redress the East India Company (EIC)’s trade deficit with China, the opium trade by the 1890s generated about five million sterling a year for Britain. Meanwhile, as many as 40 million Chinese became addicted to opium.

Eastern India became the epicenter of British opium production. Workers in opium factories in Patna and Benares toiled under severe conditions, often earning less than the cost of production while their British managers lived in luxury. Ghosh asserts that opium farming permanently impoverished a region that was an economic powerhouse before the British arrived. Ghosh’s work echoes developmental economists such as Jonathan Lehne, who has documented opium-growing communities' lower literacy and economic progress compared to their neighbors.

Ghosh states that after Britain, “the country that benefited most from the opium trade” with China, was the United States. American traders skirted the British opium monopoly by sourcing from Turkey and Malwa in Western India. By 1818, American traders were smuggling about one-third of all the opium consumed in China. Many powerful families like the Astors, Coolidges, Forbes, Irvings, and Roosevelts built their fortunes from the opium trade. Much of this opium money, Ghosh shows, also financed banking, railroads, and Ivy League institutions. While Ghosh mentions that many of these families developed a huge collection of Chinese art, he could have also discussed that some of their holdings were most probably part of millions of Chinese cultural icons plundered by colonialists.

Ghosh ends the book by discussing how the EIC's predatory behaviors have been replicated by modern corporations, like Purdue Pharma, that are responsible for the opium-derived OxyContin addiction. He adds that fossil fuel companies such as BP have also reaped enormous profits at the expense of consumer health or environmental damage.

Perhaps one omission in this book is that the author does not hold Indian opium traders from Malwa, such as the Marwaris, Parsis, and Jews, under the same ethical scrutiny as he does to the British and the Americans. While various other works have covered the British Empire's involvement in the opium trade, most readers would find Ghosh's narrative of American involvement to be eye-opening. Likewise, his linkage of present-day eastern India's economic backwardness to opium is both revealing and insightful.

Winner of India's highest literary award Jnanpith and nominated author for the Man Booker Prize, Amitav Ghosh's works concern colonialism, identity, migration, environmentalism, and climate change. In this book, he provides an invaluable lesson for political and business leaders that abdication of ethics and social responsibility have lasting consequences impacting us all.

Continue reading...

[mariacallous]

An indictment from the US Department of Justice may have solved the mystery of how disgraced cryptocurrency exchange FTX lost over $400 million in crypto. The indictment, filed last week, alleges that three individuals used a SIM-swapping attack to steal hundreds of millions in virtual currency from an unnamed company. The timing and the amount stolen coincides with FTX's theft. Meanwhile, in a letter obtained by WIRED this week, seven lawmakers have demanded the DOJ stop funding biased and inaccurate predictive policing tools until the agency has a way to ensure law enforcement won’t use them in a way that has a “discriminatory impact.”

In Florida, prosecutors say a 17-year-old named Alan Winston Filion is responsible for hundreds of swatting attacks around the United States. The news of his arrest was first reported by WIRED days before law enforcement made it public. It was the culmination of a multi-agency manhunt to piece together a trail of digital breadcrumbs left by the teenager. In Ukraine, unmanned aerial vehicles have been powerful tools since the Russian invasion began in February 2022. But as the war rages on, another kind of unmanned robot has increasingly appeared on the front-lines: the unmanned ground vehicle, or UGV.

For months lawyers affiliated with an India based hacker-for-hire firm called Appin Technology have used legal threats to censor reporting about the company’s alleged cyber mercenary past. The EFF, Techdirt, MuckRock, and DDoSecrets are now pushing back, publicly sharing details for the first time about the firm's efforts to remove content from the web. It’s a dangerous world out there, so we’ve also got a list of some major patches issued in January that you can use to update your devices to keep them secure.

And there’s more. Each week, we highlight the news we didn’t cover in-depth ourselves. Click on the headlines below to read the full stories. And stay safe out there.

China’s Hackers Keep Targeting US Water and Electricity Supplies

For years Western security officials have warned about the threat of China collecting data about millions of people and the country’s hackers infiltrating sensitive systems. This week, Federal Bureau of Investigation director Christopher Wray said hackers affiliated with the Chinese Communist Party are constantly targeting US critical infrastructure, such as water treatment plants, the electrical grid, and oil and gas pipelines. Wray’s testimony, at a House subcommittee on China, came as the FBI also revealed it removed malware from hundreds of routers in people’s homes and offices that had been planted by the Chinese hacking group Volt Typhoon.

“China’s hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities,” Wray said in the public appearance. “Low blows against civilians are part of China’s plan.” The FBI director added that China has a bigger hacking operation than “every other major nation combined,” and claimed that if all of the FBI’s cyber-focused agents were assigned to work on issues related to China, they would still be outnumbered “by at least 50 to 1.”

While concerns about the scale of China’s espionage and cyber operations aren’t new, the US intelligence community has been increasingly vocal and worried about critical infrastructure being targeted by Volt Typhoon and other groups. “The threat is extremely sophisticated and pervasive,” NSA officials warned in November. In May 2023, Microsoft revealed it had been tracking Volt Typhoon intrusions at communications and transportation infrastructure, among other critical infrastructure, in US states and Guam.

The FBI and DOJ, also revealed this week that they remotely removed the KV Botnet malware from hundreds of routers infected by Volt Typhoon. The impacted routers, from Cisco and Netgear, were mostly at the end of their life, but were being used as part of wider operations. “​​The Volt Typhoon malware enabled China to hide, among other things, pre-operational reconnaissance and network exploitation against critical infrastructure like our communications, energy, transportation, and water sectors,” Wray said. It isn’t the first time US officials have obtained a court order to remotely wipe devices infected by hackers, but the move is still rare.

‘Untraceable’ Monero Transactions Have Been Traced, Police Claim

Since the first cryptocurrencies emerged more than a decade ago, there has been the assumption that the blockchain-based digital currencies are anonymous and untraceable. They are, in fact, very traceable. Researchers have shown how people can be linked to the transactions they make and law enforcement have used the techniques to help bust illicit dark web markets and catch pedophiles. There are, however, still some privacy-focused cryptocurrencies that appear to be less traceable than Bitcoin. This includes Monero, which is increasingly being adopted by sellers of child sexual abuse materials.

This week investigators in Finland said Moreno-tracing helped reveal the identity of a hacker who allegedly attacked psychotherapy company Vastaamo in 2020, stealing thousands of patient records and threatening to leak them unless people paid a ransom. Investigators from the Finnish National Bureau of Investigation claim they used heuristic analysis to infer where funds were moved to. The investigators did not reveal the full methods of how they allegedly traced the Monero payments, however, they add to the growing body of evidence that cryptocurrency tracing firms and investigators may be able to track the currency.

Russia Likely Behind a Spike in GPS Interference, Officials Say

Planes flying over Europe have faced a spike in accuracy issues with GPS systems used for navigation in recent months. The head of Estonia’s Defense Forces has claimed that Russia is likely the source of this interference, according to an interview with Bloomberg. “Someone is causing it, and we think it��s Russia,” Martin Herem told the publication, adding that Russia may be testing its electronic warfare capabilities and “learning” the most effective tactics. Across Europe, and particularly the Baltics region, there has been a reported increase in GPS jamming, with Finland reporting large interferences in December and pilots repeatedly reporting issues with their navigation systems.

Vault 7 Hacking Tools Leaker Joshua Schulte Sentenced to 40 Years

In 2017, the Vault 7 leaks exposed some of the CIA’s most sophisticated hacking tools, including how the agency could compromise routers, phones, PC, and TVs. Joshua Schulte, a former CIA engineer in the agency’s Operations Support Branch who prosecutors identified as being behind the data breach and responsible for leaking the materials to Wikileaks, was convicted in numerous trials in recent years. Schulte, who denied the allegations, has been sentenced to 40 years in prison for the espionage and also for possessing thousands of child abuse images. Judge Jesse Furman, sentencing Schulte, said he had caused “untold damage to national security.” In June 2022, The New Yorker published this comprehensive investigation into the data breach and Schulte’s troubled history working at the agency.

[beardedmrbean]

ALEXANDRIA, Va. (AP) — A northern Virginia man arrested on terrorism charges has a husband-wife relationship with another American who was dubbed by authorities as an " empress of ISIS " for her work to establish an all-female battalion of the Islamic State, prosecutors said Wednesday.

Mohammed Chhipa, 33, of Springfield, Virginia, was arrested last week on charges that he provided support to a terrorist group. Prosecutors allege that he transferred nearly $200,000 in cryptocurrency, with some of that money traced back to the Islamic State, to support Chhipa's stated goal of helping smuggle female ISIS members from detention camps. Other funds remain unaccounted for.

At a detention hearing Wednesday, prosecutors also disclosed a relationship between Chhipa and Allison Fluke-Ekren, an American from Kansas who is serving a 20-year prison sentence. Fluke-Ekren pleaded guilty last year to organizing and leading the Khatiba Nusaybah, a battalion in which roughly 100 women and girls — some as young as 10 — learned how to use automatic weapons and detonate grenades and suicide belts.

Assistant U.S. Attorney Anthony Aminoff told the judge that Chhipa considers himself to be married to Fluke-Ekren, although the marriage was apparently conducted online and has no legal status in the U.S. He said Chhipa, a naturalized U.S. citizen originally from India, has been trying to adopt Fluke-Ekren's children.

Court documents in Fuke-Ekren's case do not mention Chhipa by name, but also indicate that Fluke-Ekren considered herself to be married to a man she met online. It is not clear that the two have ever met in person.

Whatever the relationship between Chhipa and Fluke-Ekren, the charges against Chhipa appear unrelated to that relationship. Prosecutors say that between November 2019 and July 2022, Chhipa used virtual currency to transfer more than $188,000 to accounts known and unknown. An FBI affidavit states that some money remains unaccounted for but that $18,000 went to wallets known to be used by ISIS women located in Syria, while $61,000 went to cryptocurrency wallets in Turkey. The affidavit states that money intended to arrive in Syria is often routed through Turkey.

The affidavit quotes text messages sent by Chhipa indicating he wanted the money to be used to bribe guards at detention camps where families of Islamic State fighters are still being held.

The affidavit says Chhipa also met with an FBI “controlled persona” — either an undercover agent or a confidential source — and accepted cash from the individual. Chhippa then transferred the money to Bitcoin and sent it directly to a known ISIS member, according to the affidavit.

Chhipa has been under investigation for years. Indeed, prosecutors say he fled to Egypt in August 2019, fearing he would be arrested after his home was raided. He was brought back to the U.S. after authorities contacted Interpol, but he was not charged until Monday. Prosecutors say Chhiipa continued to engage in illegal conduct after he returned to the U.S., even though he know he was drawing authorities' scrutiny.

Family members who attended Wednesday's hearing did not comment, but passed out a written statement supporting him. The statement described Chhipa “as tirelessly working for the betterment of women and children” and said he "has been targeted by false allegations.

U.S. Magistrate Judge John Anderson ruled at the conclusion of Wednesday’s hearing that Chhipa should remain jailed while he awaits trial.

[nftplaygrounds]

Virtual Currency Games

Every little boy's (and plenty of grown guys's) dream of making a dwelling by way of gambling video video games is edging closer to truth. The recent launch of HunterCoin and the in-improvement VoidSpace, video games which reward players in virtual currency in preference to virtual princesses or gold stars point closer to a destiny in which one's ranking on a scoreboard might be rewarded in dollars, and sterling, euros and yen.

The tale of the millionaire (virtual) real property agent…

Digital currencies have been slowly gaining in maturity both in terms of their capability and the financial infrastructure that enables them for use as a credible alternative to non-virtual fiat currency. Though Bitcoin, the 1st and most widely recognized of the crypto-currencies was created in 2009 there were sorts of digital currencies utilized in video video Top NFT Games for extra than 15 years. 1997's Ultima Online was the first exceptional try to comprise a big scale virtual financial system in a recreation. Players may want to collect gold cash by way of venture quests, fighting monsters and locating treasure and spend those on armour, guns or real property. This became an early incarnation of a virtual forex in that it existed only within the game though it did replicate real global economics to the volume that the Ultima foreign money experienced inflation because of the game mechanics which ensured that there was a in no way finishing deliver of monsters to kill and therefore gold coins to acquire.

Released in 1999, EverQuest took virtual currency gaming a step in addition, allowing players to alternate virtual goods among themselves in-recreation and although it become prohibited with the aid of the game's clothier to also promote virtual objects to each other on eBay. In a actual global phenomenon which became entertainingly explored in Neal Stephenson's 2011 novel Reamde, Chinese game enthusiasts or 'gold farmers' have been employed to play EverQuest and different such video games complete-time with the intention of gaining revel in points with the intention to degree-up their characters thereby making them more effective and favourite. These characters would then be bought on eBay to Western game enthusiasts who have been unwilling or unable to put in the hours to degree-up their own characters. Based at the calculated alternate rate of EverQuest's foreign money due to the real international buying and selling that happened Edward Castronova, Professor of Telecommunications at Indiana University and an professional in virtual currencies anticipated that in 2002 EverQuest become the 77th richest usa inside the international, somewhere among Russia and Bulgaria and its GDP per capita was more than the People's Republic of China and India.

Launched in 2003 and having reached 1 million everyday users by using 2014, Second Life is perhaps the most whole example of a digital economy thus far wherein it is virtual forex, the Linden Dollar which can be used to shop for or promote in-recreation goods and services can be exchanged for real international currencies through market-based totally exchanges. There were a recorded $3.2 billion in-sport transactions of digital goods inside the 10 years among 2002-13, Second Life having end up a marketplace where gamers and organizations alike have been able to design, promote and promote content material that they created. Real estate became a specifically beneficial commodity to exchange, in 2006 Ailin Graef have become the 1st Second Life millionaire whilst she grew to become an initial funding of $9.95 into over $1 million over 2.5 years via buying, promoting and trading digital actual estate to different players. Examples inclusive of Ailin are the exception to the rule of thumb but, simplest a recorded 233 customers making greater than $5000 in 2009 from Second Life activities.

[hyphenscs]

A big shout-out to all our fellow startups and founders from YourStory Media Tech 30: India's Most Promising Startups 2022 Cohort! I would be grateful to you for sharing show your support by helping spread the word by: 1) Following their brand pages 2) Sharing the good work done by them with relevant stakeholders 3) Referring prospects and relevant opportunities 4) Collaborating and partnering with them 5) Sharing feedback for improvement And any other way that adds value and helps each of them become bigger, better, and faster! Aerobiosys Innovations Private Limited Clinical needs for Critical Care Algorithmic Biologics Molecular discovery and diagnostics. BugBase Global marketplace of ethical hackers CARPL.ai World’s first testing and distribution platform for healthcare AI. Clairco (Clean Air Company) Reduce indoor air pollution using nanotech and IoT at zero capex Convrse.ai Marketplace for metaverse developers Dextroware Devices Hands-free control of smart devices with simple head movements Dharaksha Ecosolutions Converts crop stubble waste into biodegradable packaging material DTOWN ROBOTICS PRIVATE LIMITED Unmanned aerial/ground solutions ECOSTP Technologies (P) Ltd. Patented zero-power, zero-chemical sewage treatment system ElectricPe Building India’s largest electric vehicle charging platform EVRE Manufactures technologically advanced EV charging solutions GalaxEye Space Fusion-based imagery data via satellites from space Hyphen SCS Building India’s biggest warehousing and fulfillment platform INDICOLD Tech-enabled B2B cold chain solutions provider Jivika Healthcare VaccineOnWheels, ChemoAtHome, and Health&Wellness CentreOnWheels Kazam Operating system for EVs and their peripherals LightMetrics Making roads safer everywhere through an AI platform NeoDocs (YC S21) Provides smartphone-based instant lab test kits Neuranics Lab Builds a 10-minute diagnostic platform using just two drops of blood Nosh Robotics (Euphotic Labs) Deep-tech startup building home robots that cook delicious food Onmeta Quickest on/off-ramp solution for Web3 businesses Saathi Pads India’s only biodegradable and compostable sanitary pads Savvology Games creates original Game Theory-based two-minute games Simyog Technology A virtual laboratory for electromagnetic compatibility. Solinas Medical Inc. Robotics and AI solutions to eliminate manual scavenging TechXR Innovations Private Limited 3D mouse for smartphones UrbanMatrix Technologies : Provides an operating system for drones. VayuJal Technologies Private Limited : patented technology extracts water from air WYLD : Wyld offers India’s first social currency card, Read https://lnkd.in/dPX5Y3AH arunpandit.com #healthcare #india #tech #startups #founders #technology #ai #yourstory #tech30 #startupfounders #startupindia #arunpandit #hyphenscs #techsparks2022 #innovation #startup #warehousing #pauneetnanda #top30

[cryptotalenews]

India’s Cryptocurrency Regulations and Taxation: Navigating a Challenging Landscape

India’s relationship with cryptocurrency is complex, marked by a balance between regulatory caution and financial innovation. Since the Reserve Bank of India's (RBI) 2018 ban on banks supporting crypto exchanges, which was overturned by the Supreme Court in 2020, India’s approach to crypto has oscillated between restriction and gradual acceptance. The proposed Cryptocurrency and Regulation of Official Digital Currency Bill, though not yet passed, underscores the government’s intent to regulate crypto while working toward its own Central Bank Digital Currency (CBDC).

India’s 2022 Union Budget introduced a high 30% tax on cryptocurrency profits, categorizing Virtual Digital Assets (VDAs) similarly to gambling or lottery earnings. In addition, a 1% Tax Deducted at Source (TDS) on transactions over ₹10,000 further reflects the government’s cautious stance. These measures ensure comprehensive monitoring, as TDS applies even to peer-to-peer transactions and must be recorded in income tax returns.

The regulatory framework continues to evolve with the Prevention of Money Laundering Act (PMLA) now covering crypto, requiring exchanges to document every transaction detail. The RBI and Securities and Exchange Board of India (SEBI) have adopted different views: RBI advocates for stringent controls, while SEBI supports a multi-regulator system that would oversee crypto as a security.

As India moves forward with its pilot CBDC program, the landscape for private cryptocurrencies grows tighter. The country’s legal and regulatory efforts signal a readiness to integrate digital finance cautiously, curbing crypto’s anonymous nature and high-risk appeal while ensuring robust oversight. India’s crypto journey, therefore, is one of navigating innovation within the limits of regulatory clarity and caution.

For more insights into India’s approach to cryptocurrency regulations and taxation, visit Cryptocurrency Regulations and Taxation in India.

[faraon23]

The Future of Online Casinos in India: Trends and Predictions for 2025

As India’s online casino industry continues to expand, players and operators alike are keenly interested in what the future holds valor casino app download for android. The evolution of technology, changing consumer preferences, and regulatory developments are set to shape the landscape of online gambling in the coming years. Here are some key trends and predictions for online casinos in India by 2025.

1. Increased Mobile Accessibility

With the proliferation of smartphones and affordable internet access, mobile gaming is poised to dominate the online casino sector. By 2025, we can expect a significant increase in mobile-optimized platforms and apps, allowing players to enjoy seamless gaming experiences on the go. Developers will focus on creating user-friendly interfaces and optimizing loading times, ensuring that players can easily access their favorite games from their mobile devices.

2. Integration of Cryptocurrency

Cryptocurrency has begun to carve out a niche in online gambling, and its acceptance is likely to grow in India. By 2025, more online casinos may offer cryptocurrency as a payment option, providing players with enhanced privacy and security. The ability to transact using digital currencies like Bitcoin and Ethereum can streamline deposits and withdrawals, appealing to a tech-savvy audience seeking quick and anonymous transactions.

3. Live Dealer Innovations

The popularity of live dealer games is expected to soar as online casinos strive to replicate the experience of traditional gambling. By 2025, advancements in streaming technology and virtual reality could transform live dealer gaming, offering more immersive and interactive experiences. Players may find themselves engaging with dealers in real-time, enjoying a more authentic casino atmosphere without leaving their homes.

4. Focus on Responsible Gambling

As the online casino industry grows, so does the need for responsible gambling measures. By 2025, operators will likely implement more robust tools to promote responsible gaming, such as self-exclusion options, deposit limits, and educational resources for players. Regulatory bodies may also play a more active role in ensuring that operators adhere to responsible gambling practices, fostering a safer environment for players.

5. Regulatory Developments

The legal framework surrounding online gambling in India is evolving, and by 2025, we may see clearer regulations that provide better protection for players. A more defined regulatory environment could encourage more operators to enter the market while ensuring that existing platforms comply with safety and fairness standards.

Conclusion

The future of online casinos in India is bright, with numerous trends and innovations on the horizon. Increased mobile accessibility, the integration of cryptocurrency, advancements in live dealer games, a focus on responsible gambling, and clearer regulations will all contribute to a more vibrant and secure gaming environment. As the industry continues to evolve, players can look forward to an exciting landscape that offers greater convenience, enhanced experiences, and improved protections in the years to come.

[cashongold]

Foreign Gold VS Indian Gold: Which Variety Fetches Good Value on Sale

Gold is not just a Capital Asset for Indians but is embedded in tradition, culture, and heirlooms possessed by families. The ornamental value of gold jewellery has led to heavy investments over centuries and decades, leading to high demands across Indian markets. The rising demand for gold has similarly enhanced the number of gold dealers and jewellery stores, leading to an interconnected network.

Apart from the domestic market, India has been actively dealing with foreign gold markets. It’s a common misconception that foreign gold fetches higher value. The value of foreign gold often depends on currency fluctuations and asset demands across international and domestic gold markets. 

But how exactly can someone figure it out? An increase in online gold trading has influenced users to search for the best possible values. If you wish to sell gold for cash online, check out this blog for a comprehensive understanding. 

We’ll discuss the sale values of foreign gold and Indian gold, as well as associated premiums and factors determining the best possible returns. 

Continue reading to know more. 

Brief Idea about Indian Gold 

Domestic gold mined, traded, and processed within India is collectively termed Indian Gold. Indian gold is a common term used by Indian gold buyers and traders to indicate the purity and composition of the asset. Indian gold has dominated the local markets, regardless of physical and virtual platforms. 

Online trading platforms for gold have gradually increased over the years. If you are looking to sell gold for cash online, you need to know about the common properties of Indian Gold. Here’s what you need to know. 

Bright yellow colour with a shiny texture and pattern. 

Highly malleable and ductile 

Standard gold is measured at a higher purity of 24 karats. The lower the karat, the lower the value of gold. 

Generally, 18 karat is a mixture of gold and other metals.

Apart from all properties, a gold buyer will consider the price of gold based on the weight and purity of the metal. 

Indian Gold vs Foreign Gold: Key Points to Know 

Measurement Unit 

When it comes to comparison, the standard unit, karat, differs between Indian and foreign gold. The common karat in the U.S. is 14 karats, whereas in India, it is 18 karats. A higher measurement unit for Indian gold fetches higher sales value than the U.S gold when sold in India. 

If you opt to sell old gold jewellery in India, make sure that your foreign gold is between 18 karats and 24 karats to fit Indian standards. Although 14 karats of U.S. gold weigh less, the purity won’t be compromised. 

Chemical Composition

The sale value of gold depends simultaneously on its chemical composition. For instance, Chinese gold is often alloyed with cheaper metals or heavy metals like cadmium or lead. When valued in Indian markets, alloyed Chinese gold will fetch a lower sales value than Indian gold.

A significant reason for alloying Chinese gold is its high sales volume and profit margin within the domestic market. Gold vendors in China operate at a significantly larger rate than Indian vendors. As a result, the resale value of  Chinese gold can also fluctuate higher and lower than that of Indian vendors.  

Market Demands

The resale value of gold will similarly depend on the domestic demands across Indian and foreign markets. For instance, demand for Indian gold fluctuates according to festivals and occasions consistently hosted across the nation throughout the year. 

In foreign countries, gold is mainly valued as a capital asset rather than jewellery. As a result, the purity and standard of units of foreign gold jewellery are lower than those of Indian gold jewellery. 

If you sell gold for cash online, you need to check the composition and weight of your Indian gold, which will determine its higher sales value.

Key Takeaways

Indian gold is considered the purest among foreign gold, especially across U.S and China. Apart from the quality of chemical composition, the high market value increases the demand for gold. It is necessary to check the quality and weight of your gold before sale. Connecting with an authentic buyer will be your best choice for receiving the rightful cash mount in return.

[ofw-job-orders]

Delivering Dreams: Filipino Drivers in India, Discrimination, Currency Fluctuations, and Social Media's Impact

The plight of Overseas Filipino Workers (OFWs) is a complex tapestry woven with threads of sacrifice, resilience, and the unwavering pursuit of a better life for themselves and their families back home. While the narrative often focuses on domestic workers and healthcare professionals, a growing segment of OFWs are finding employment in diverse sectors, including the rapidly expanding delivery industry. This article explores the experiences of OFW delivery drivers, particularly in India, the challenges they face, including discrimination, and the impact of currency fluctuations on their remittances. Furthermore, it examines the pivotal role of social media in shaping OFW communities and facilitating access to job opportunities, highlighting resources like OFWJobs.org.

The rise of e-commerce and online food delivery platforms has created a surge in demand for delivery drivers globally, and India, with its burgeoning digital economy, is no exception. This demand has opened doors for OFWs seeking employment opportunities in this sector. Attracted by the promise of relatively higher wages compared to other available jobs, Filipino drivers are navigating the complexities of working in a foreign land, often facing language barriers, cultural differences, and unfamiliar traffic conditions. The initial allure of higher earnings can quickly fade when confronted with the realities on the ground. Long working hours, pressure to meet delivery targets, and exposure to traffic hazards are common challenges.

One of the significant hurdles faced by OFW delivery drivers, particularly in India, is discrimination. While not always overt, subtle forms of prejudice can manifest in interactions with customers, local authorities, and even fellow delivery drivers from other nationalities. This can range from unfair treatment in terms of workload distribution to being subjected to derogatory remarks or stereotypes. The experience of discrimination can be isolating and emotionally taxing, impacting the overall well-being of OFW drivers. Addressing this issue requires a multifaceted approach, including awareness campaigns, cultural sensitivity training, and stronger legal frameworks to protect the rights of migrant workers.

Anti-discrimination campaigns play a crucial role in advocating for the rights and fair treatment of OFWs. Organizations dedicated to promoting the welfare of migrant workers are actively working to raise awareness about the challenges faced by OFWs in various sectors, including delivery services. These campaigns often involve educating employers and the wider community about the importance of diversity and inclusion in the workplace. They also provide support services to OFWs who have experienced discrimination, offering legal assistance, counseling, and access to resources that can help them navigate challenging situations.

The economic landscape plays a significant role in the lives of OFWs, and periods of currency fluctuations can have a profound impact on their remittances. The value of the Indian Rupee relative to the Philippine Peso directly affects the amount of money OFWs can send back to their families. During periods of unfavorable exchange rates, the purchasing power of their earnings diminishes, impacting their ability to support their loved ones back home. This economic vulnerability underscores the need for financial literacy programs and access to secure remittance channels that offer competitive exchange rates. Understanding the dynamics of currency fluctuations and adopting strategies to mitigate their impact is crucial for OFWs to maximize the value of their hard-earned money.

The digital age has revolutionized the way OFWs connect, communicate, and access information. Social media platforms have emerged as vital tools for OFW communities, serving as virtual hubs for sharing experiences, seeking advice, and finding job opportunities. Facebook groups, online forums, and dedicated OFW websites provide a platform for individuals to connect with others who share similar experiences, creating a sense of community and belonging in a foreign land. These online spaces also serve as valuable resources for practical information, including tips on navigating the local culture, finding affordable accommodation, and accessing essential services.

Social media's role in facilitating OFW job opportunities cannot be overstated. Platforms like Facebook and LinkedIn are increasingly being used by recruitment agencies and employers to connect with potential candidates. OFW-specific job boards and websites, such as OFWJobs.org, provide a centralized platform for job seekers to browse available positions and connect with employers. This online accessibility has empowered OFWs to take greater control of their job search, reducing their reliance on traditional recruitment agencies, which can often be expensive and exploitative. By leveraging social media and online job platforms, OFWs can access a wider range of job opportunities and make informed decisions about their career paths.

OFWJobs.org stands as a valuable resource for Filipinos seeking employment opportunities overseas. The website provides a user-friendly interface for browsing job listings across various sectors and countries. It also offers resources and guidance for navigating the complexities of working abroad, including visa requirements, pre-departure preparations, and cultural orientation. By connecting job seekers with reputable employers and providing valuable information, OFWJobs.org plays a vital role in supporting the aspirations of Filipinos seeking a better future for themselves and their families. OFWJobs.org

The journey of an OFW, particularly in the delivery sector, is fraught with challenges. Navigating a foreign land, dealing with cultural differences, facing potential discrimination, and managing the impact of currency fluctuations are just some of the hurdles they encounter. However, the resilience and determination of OFWs are unwavering. They continue to strive for better opportunities, fueled by the desire to provide a brighter future for their families. The emergence of social media and online platforms like OFWJobs.org has empowered OFWs by providing access to information, support networks, and job opportunities. As the global economy evolves and the demand for delivery services continues to grow, it is essential to recognize the contributions of OFW delivery drivers and advocate for their rights and well-being. Addressing issues of discrimination, promoting fair labor practices, and providing access to resources that empower OFWs are crucial steps towards creating a more just and equitable environment for these unsung heroes of the global economy.

The increasing reliance on digital platforms for finding employment also brings its own set of challenges. The potential for online scams and fraudulent job postings necessitates a cautious approach. OFWs are encouraged to thoroughly research potential employers and verify the legitimacy of job offers before making any commitments. Furthermore, the digital divide can exclude some OFWs who lack access to reliable internet connectivity or the necessary digital literacy skills. Bridging this digital divide through training programs and access to affordable internet services is essential to ensure that all OFWs can benefit from the opportunities offered by the digital age.

The stories of OFW delivery drivers are often untold, their experiences hidden beneath the surface of the bustling delivery industry. These individuals, separated from their loved ones, work tirelessly to contribute to the economies of both their host countries and the Philippines. Their remittances are a lifeline for countless families, supporting education, healthcare, and daily living expenses. Recognizing their sacrifices and contributions is crucial to understanding the human cost of global migration. Supporting initiatives that promote their welfare, protect their rights, and empower them to achieve their full potential is not just a matter of social responsibility, but a recognition of their invaluable role in the global economy.

The narrative of OFWs is a complex one, encompassing both the challenges and the triumphs of working abroad. It is a story of resilience, sacrifice, and the unwavering pursuit of a better future. As the world becomes increasingly interconnected, the experiences of OFWs serve as a reminder of the human stories behind global migration and the need for greater empathy, understanding, and support for those who leave their homes in search of a brighter tomorrow.

[gururopvt]

How to Become a PMP Trainer in 2024

If you're passionate about project management and have a knack for teaching, becoming a PMP (Project Management Professional) trainer might be the perfect career move for you. Not only do you get the satisfaction of guiding aspiring project managers toward their certification, but you also gain professional recognition and financial rewards. This comprehensive guide will walk you through the steps to become a certified PMP trainer in 2024.

Table of Contents

Understanding the Role of a PMP Trainer

Why Become a PMP Trainer?

Details About the PMI PMP Train the Trainer (TTT) Program

Costs Involved in Becoming a PMP Trainer

Benefits of Partnering with Gururo

Steps to Become a Certified PMP Trainer

PMP Trainer Salary Insights

USA

Canada

United Kingdom

India

UAE

Australia

Conclusion

FAQs

Understanding the Role of a PMP Trainer

A PMP trainer is a seasoned professional who educates students on the principles and practices of project management in alignment with the PMP certification curriculum. The role involves simplifying complex concepts, providing real-world examples, and preparing students to pass the PMP exam confidently.

Become a PMI Authorized PMP Instructor

Why Become a PMP Trainer?

The demand for PMP certification is skyrocketing, with over 1.5 million certified professionals globally and more than 100,000 new candidates each year. Here's why you should consider becoming a PMP trainer:

Flexible Teaching Opportunities: Choose between freelancing or affiliating with an Authorized Training Partner (ATP).

Professional Recognition: Earn the prestigious PMI Instructor Badge, enhancing your credibility.

Financial Rewards: Enjoy additional income streams and potential career growth.

Impactful Coaching: Play a significant role in shaping future project management leaders.

Details About the PMI PMP Train the Trainer (TTT) Program

The PMI's TTT program is a pivotal step toward becoming a certified PMP trainer. Here's what the program entails:

Duration: A two-day virtual training session.

Curriculum: Focuses on effective teaching methodologies and deep dives into PMP course content.

Assessment: A knowledge check at the end of the program, which is straightforward to pass.

Certification: Successful candidates receive the PMI Authorized Training Partner Instructor badge.

Costs Involved in Becoming a PMP Trainer

Understanding the financial investment is crucial. Here's a breakdown of the costs:

TTT Voucher: Approximately $499.

Training Fees: Additional charges by the ATP for the TTT program, ranging from $499 to $999.

Courseware: One-time purchase of PMP trainer course materials from PMI, costing around $100.

Benefits of Partnering with Gururo

Selecting the right ATP is essential for your success as a PMP trainer. Partnering with Gururo offers several advantages:

Dedicated Support: Receive personalised assistance from a dedicated account manager.

Exclusive Incentives: Offer up to 10% discounts on PMP certification and membership to attract more students.

Enhanced Visibility: Your courses will be listed on the PMI course directory, increasing your reach.

Become a PMI Authorized PMP Instructor

Steps to Become a Certified PMP Trainer

Embarking on this journey involves several key steps:

Submit Your Resume and PMI ID: Send your credentials to support@gururo.com, highlighting your project management and Agile experience.

Approval and Payment: Upon approval, make the initial payment for nomination costs in your local currency.

Application Submission: Follow the instructions from PMI to complete your application.

Receive Training Voucher: Obtain a voucher or payment link for your instructor badge (fee: $499).

Complete the TTT Course: Finish the two-day virtual course and pass the assessment.

Earn Your Badge: Receive your PMI Authorized Instructor badge, officially certifying you as a PMP trainer.

Start Teaching: Begin hosting PMP classes independently or with an ATP like Gururo.

Become a PMI Authorized PMP Instructor

PMP Trainer Salary Insights

Understanding potential earnings is essential. Here's a look at average salaries for PMP trainers in various countries:

USA

Annual Salary: $100,000 to $250,000

Freelance Earnings: Charge between $500 to $1,500 per student.

Job Opportunities: Over 4,000+ PMP trainer positions available.

Canada

Annual Salary: CAD 90,000 to CAD 180,000

Freelance Earnings: Charge between CAD 600 to CAD 1,200 per student.

Job Opportunities: Around 500+ positions available.

United Kingdom

Annual Salary: £80,000 to £150,000

Freelance Earnings: Charge between £500 to £1,000 per student.

Job Opportunities: Approximately 350+ positions available.

India

Annual Salary: ₹2,000,000 to ₹12,000,000

Freelance Earnings: Charge between ₹10,000 to ₹40,000 per student.

Job Opportunities: Around 350+ positions available.

UAE

Annual Salary: AED 500,000 to AED 800,000

Freelance Earnings: Charge between AED 3,000 to AED 6,000 per student.

Job Opportunities: Over 100+ positions available.

Australia

Annual Salary: AUD 90,000 to AUD 160,000

Freelance Earnings: Charge between AUD 800 to AUD 1,500 per student.

Job Opportunities: Approximately 200+ positions available.

Conclusion

Becoming a PMP trainer is not just about earning a certification; it's about making a lasting impact on the project management community. With the demand for certified project managers on the rise, now is the perfect time to embark on this rewarding career path. Partnering with Gururo can provide the support and resources you need to succeed.

Become a PMI Authorized PMP Instructor

FAQs

1. How can I become a freelance PMP trainer?

Follow the certification steps outlined above, and choose to operate independently or affiliate with an ATP.

2. What is the cost of becoming a certified PMP trainer?

Total costs can range from $1,000 to $1,600, including the TTT voucher, training fees, and courseware.

3. How long does the process take?

The timeline varies but generally takes a few weeks, depending on application approval and course completion.

4. Do I need to renew my trainer certification?

Yes, PMI requires trainers to maintain their certification, which may involve additional fees and continuing education.

5. Can one instructor work with multiple Authorized Training Partners?

Yes, trainers can affiliate with multiple ATPs, provided they meet each organization's requirements.

6. Is the Train the Trainer session PDU-eligible?

Yes, you can claim PDUs for completing the TTT session, contributing to your certification renewal requirements.

7. What is the purpose of the digital badge received after completing the TTT session?

The badge signifies your status as a PMI Authorized Instructor and can enhance your professional credibility.

8. Does the Train the Trainer digital badge transfer with the instructor or is it affiliated with the ATP?

The badge is awarded to the individual instructor and remains with them regardless of ATP affiliation.

9. Is there a deadline for instructors to complete the Train the Trainer session?

PMI may set deadlines, so it's best to check with them or your ATP for specific timelines.

10. What agile project experience is required for PMP exam prep instructors, and why?

Familiarity with Agile practices is essential due to the inclusion of Agile concepts in the PMP exam.

Ready to take the next step in your career?

Become a PMI Authorized PMP Instructor

[priyankashares]

The Impact of Metaverse Technology on India’s Digital Transformation

India’s digital transformation journey has been nothing short of remarkable, marked by rapid advancements in technology, widespread internet penetration, and a burgeoning digital economy. Over the past decade, the country has seen internet usage surge from just 10% in 2011 to over 50% in 2023, reflecting a rapid shift towards digitalization across various sectors.

As the nation strides forward, the Metaverse—an immersive digital universe that blends physical and virtual realities—is emerging as the next frontier in this evolution. A 2022 study by Deloitte estimates that the Metaverse could contribute up to 2.4% of India’s GDP by 2030, highlighting its potential to play a pivotal role in reshaping industries, enhancing digital experiences, and accelerating India’s digital transformation.

A 2023 report by PwC further supports this, predicting that by 2030, the Metaverse AI could generate nearly $1.5 trillion globally, with India expected to be one of the leading contributors.

Matthew Ball, a leading expert on the Metaverse, offers insight into this transformation, noting, “The Metaverse is not a place, it’s a moment in time when the digital world becomes more valuable than the physical one.”

As India embraces this transformative moment, the Metaverse will open up new opportunities across sectors like business, education, and entertainment, driven by innovative metaverse companies in India, propelling the nation toward an even more connected and digitally empowered future.

Driving Factors Behind India's Digital Transformation

India’s digital transformation is driven by several key factors:

Government Initiatives: Programs like Digital India (2015) have expanded internet access and promoted digital literacy.

Internet Penetration: Over 50% of the population is online, thanks to affordable data and widespread smartphone use.

Technological Innovation: Advances in AI, blockchain, and cloud computing are transforming industries and driving growth.

Startup Ecosystem: A thriving startup scene is disrupting traditional industries with innovative digital solutions.

E-commerce Growth: Platforms like Flipkart and Amazon have made online shopping mainstream, boosting digital transactions.

Digital Payments: UPI revolutionized payments, processing over 8 billion monthly transactions by 2023.

Youth Demographics: A young, tech-savvy population is fueling demand for digital services and platforms.

These factors collectively position India as a global leader in digital innovation.

Case Studies: Metaverse Applications in India

India is rapidly embracing the Metaverse, leveraging this innovative technology across various sectors. Here are some notable case studies showcasing how the Metaverse is being applied in India:

1. Education and Training

BITS Pilani's Metaverse Convocation

BITS Pilani, one of India’s premier educational institutions, made headlines by hosting its convocation on the ibentos Metaverse platform. This groundbreaking event allowed graduates to experience their convocation in a fully immersive, virtual environment. Students created avatars, interacted with peers, and received their degrees in a 3D digital setting. This innovative approach not only brought the global BITS Pilani community together but also set a new standard for how educational institutions can leverage the Metaverse for large-scale events.

2. Retail and E-commerce

Reliance Retail

Reliance Retail has ventured into the Metaverse by creating virtual shopping experiences where customers can explore digital stores, interact with products in 3D, and make purchases using digital currencies. This initiative is part of their broader strategy to integrate physical and digital shopping, providing customers with a seamless and engaging retail experience.

3. Real Estate

Hiranandani Group

The Hiranandani Group, a major real estate developer, has adopted Metaverse technology to offer virtual property tours. Prospective buyers can explore properties in a fully immersive environment, complete with 3D walkthroughs and interactive features. This has revolutionized the way real estate is marketed and sold, making it easier for buyers to make informed decisions from anywhere in the world.

4. Healthcare

Apollo Hospitals

Apollo Hospitals has implemented Metaverse applications in healthcare training and patient care. Through VR simulations, medical students and professionals can practice surgeries and complex procedures in a risk-free environment. Additionally, virtual consultations and therapy sessions are being offered to patients, expanding access to healthcare services across the country.

These case studies highlight how the Metaverse is not just a futuristic concept but a present-day reality in India, transforming industries and creating new opportunities for innovation and growth.

Benefits of Metaverse Adoption

1. Enhanced Collaboration and Communication

The Metaverse fosters real-time, interactive communication in virtual environments, improving remote teamwork. According to a 2023 Gartner report, virtual collaboration tools are expected to increase team productivity by 25%.

2. New Economic Opportunities

The Metaverse creates new revenue streams through virtual real estate and digital goods. A 2022 PwC study predicts the Metaverse could contribute $1.5 trillion to the global economy by 2030.

3. Immersive Learning and Training

Virtual environments enhance learning and training experiences. A 2023 report by Deloitte highlights that immersive training can improve knowledge retention by up to 70%.

4. Personalized Customer Experiences

Businesses can offer tailored experiences in the Metaverse, driving customer engagement. Forrester Research (2023) found that personalized virtual experiences can boost customer satisfaction by 30%.

5. Global Accessibility

The Metaverse enables global participation without geographic constraints. A 2022 McKinsey report noted that virtual platforms could expand market reach by 40% for global businesses.

6. Innovation in Marketing and Branding

Brands can create unique virtual marketing campaigns. According to a 2023 AdWeek survey, immersive brand experiences in the Metaverse increase brand recall by 50%.

7. Sustainable Practices

Shifting to virtual events and meetings reduces carbon footprints. The 2023 Environmental Impact Study found that virtual events cut travel-related emissions by 60%.

8. Future-Proofing Businesses

Early adoption of the Metaverse positions businesses for future growth. A 2023 Accenture report highlights that companies investing in Metaverse technologies are 35% more likely to lead in digital innovation.

Adopting the Metaverse offers significant benefits, including improved collaboration, new economic opportunities, and enhanced customer experiences, supported by recent studies and reports.

Conclusion

The Metaverse is accelerating India’s digital transformation by revolutionizing sectors such as education, retail, and healthcare. Its impact is clear in the enhanced engagement and new opportunities it offers.

To leverage these advancements and stay ahead, explore how ibentos, a trusted metaverse technology company can support your Metaverse initiatives. Connect with ibentos to discover how our solutions can elevate your digital strategy.

Source: https://ibentos.com/blogs/the-impact-of-metaverse-technology-on-indias-digital-transformation/

[corpzoventuresprivatelimited]

On 19 July, WazirX, a leading cryptocurrency exchange, suffered a significant security breach, losing around $230 million worth of digital assets. More than 43 lakh Indian users had invested in crypto currencies through WazirX. As per their legal advisors, customers will get a return of 55-57% of the funds. This means, 43% of the money may not be recovered. This makes it one of the largest security breaches in the cryptocurrency space in India. This incident highlights the critical importance of robust cybersecurity measures, especially for companies handling sensitive financial data.

What Happened?

Hackers exploited a vulnerability in WazirX’s platform, leading to unauthorized withdrawals and raising concerns about the security of crypto exchanges in India. While WazirX has since taken steps to mitigate the damage, including temporarily pausing withdrawals and collaborating with law enforcement, the breach underscores the necessity for all businesses, particularly in the fintech sector, to prioritize cybersecurity.

Regulatory Landscape in India

in March 2023 were brought under the ambit of the Prevention of Money Laundering Act 2002 (PMLA), after the Ministry of Finance (MoF) released a gazette notification that brought virtual asset businesses and service providers under the purview of PMLA. As per the gazette by the Ministry of Finance and statement by Wazir X, it followed the detailed Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) guidelines that were issued for Virtual Asset Service Providers (VASPs) like WazirX on 10 March 2023.

India has stringent regulations aimed at protecting digital infrastructure and financial data. Key regulations and standards include:

PCI-DSS (Payment Card Industry Data Security Standard): Mandates security measures for handling card payments.

ISO/IEC 27001: International standard for information security management systems (ISMS).

RBI Guidelines: Enforce cyber resilience frameworks for payment system operators, emphasizing security audits and incident response.

CERT-In Guidelines: Mandates incident reporting and response protocols.

[mohdlarik]

Curbing money laundering by technological solutions in the UAE

The United Arab Emirates (UAE) has emerged as a global monetary hub, attracting groups, buyers, and economic establishments from around the world. Several foreign investors across the world throng into various states of the UAE in different sectors, including real estate, e-commerce, renewables, healthcare, virtual currencies, tourism, etc. Foreign investors, mainly from South Asian countries (India and Pakistan), and a few European states are making investments in real estate for nationality, but their money is doubted as a haven to launder their wealth.

As the UAE’s economic area expands, it faces an increasing hazard of being exploited for cash laundering activities. As if technology, financial crimes also witnessed advancements in recent times, and money laundering is one of these, having multiple branches. Money laundering is the technique via which criminals cover the origins of illicit price ranges, making them seem legitimate. This now not only undermines the economic system but also poses great threats to national safety. The UAE’s strategic place, various economic systems, and sizeable alternate networks make it a capability target for cash launderers. Therefore, enforcing powerful anti-money laundering (AML) solutions is crucial to detecting, stopping, and mitigating these risks. AML measures are essential for preventing illicit economic activities, safeguarding the economy, and upholding the UAE’s recognition as a dependent monetary middle.

The UAE has made vast strides in strengthening its regulatory framework to fight cash laundering. The Central Bank of the UAE, alongside other regulatory bodies, has established complete suggestions and guidelines that monetary establishments need to adhere to. These rules mandate the implementation of AML regulations, which include consumer due diligence, transaction monitoring, and reporting of suspicious sports. Compliance with these rules isn't always the most effective prison requirement but is also an important aspect of maintaining the integrity of the economic system.

Artificial intelligence (AI) and device studying are playing a pivotal role in enhancing AML efforts. These technological mechanisms enable economic institutions to investigate sizable quantities of information in actual time, become aware of styles, and detect uncommon transactions that could suggest money laundering. By leveraging this advanced equipment, banks and financial establishments can live in advance of criminals who continuously evolve their strategies.

Effective AML efforts require collaboration between economic institutions, regulatory bodies, and law enforcement organizations. In the UAE, there may be a robust emphasis on fact-sharing and cooperation to fight cash laundering. The UAE Financial Intelligence Unit (FIU) performs a key role in collecting and reading monetary facts, ensuring that suspicious sports are promptly reported and investigated. This collaborative technique complements the effectiveness of AML measures and allows for the fast detection and prevention of illicit activities.

Recently, the UAE government issued a federal decree amending certain provisions of the federal decree on anti-money laundering, combating the financing of terrorism, and financing of illegal organizations. As part of the ongoing development of the legislative and legal framework, this decree seeks to enhance the legal structure that supports the efforts of the country’s relevant authorities in combating financial crimes. It also aims to strengthen the UAE's technical compliance with international recommendations and treaties on these matters.

The UAE’s worldwide financial popularity is a great asset that has to be protected. Money laundering sports can significantly damage this popularity, leading to a loss of investor self-assurance and capability sanctions from international regulatory bodies. By enforcing high-tech AML solutions, the UAE now not only safeguards its economic machine but also reinforces its dedication to transparency, accountability, and the guidelines of law. This, in turn, attracts greater international business and funding, contributing to the continued increase and stability of the economic system.

As cash laundering strategies become more sophisticated, the UAE has to continue to innovate and enhance its AML measures. This involves non-stop training and education for monetary experts, investment in the modern generation, and ongoing collaboration with global partners. By staying vigilant and proactive, the UAE can effectively combat money laundering and maintain its function as a leading international financial center.

In the end, anti-money laundering solutions are critical to the UAE’s banking and financial machine. They play a crucial role in preventing illicit activities, ensuring regulatory compliance, and shielding the US’s economic popularity. As the UAE continues to develop and appeal to global interest, the significance of robust AML measures cannot be overstated.

[orioninfosolutions]

Top 10 Best Sports Betting Sites for India 2024-25

Sports betting is an activity of predicting sports results and placing a bet on the results. Betters predict according to his/her thinking and place their bet on any one team or player. Sports betters place their bet either legally (through a bookmaker or sports maker) or illegally (through a privately run organization named “Bookies”).

Finding the best site for sports betting which is safe and secure is a challenging task. If you are looking for the best sites for sports betting which is safe, secure, and user-friendly then you are on the right page. Here, we listed the top 10 best sports betting sites for India.

1. 1xbet

1xbet site offers you a smooth betting experience and also saves mobile data. This site gives you a welcome bonus of 33,000 INR. And has a star rating of 4 out of 5 on Google. The site provides you with several sports betting alternatives including virtual sports, pre-match bets, and live betting.

This app is a licensed online platform from Curacao. You have to deposit 200 INR as a minimum deposit. This site gives a variety of payment options like UPI, Gpay, Phonepe, Paytm, Bitcoin, and many more. The Special feature that everyone likes, offers consistently good odds. This site “1xbet” was founded in 2007.

2. Stake.com

The stake is another trusted online platform where users can bet easily. This site is known for its safe and secure payment methods and offers a variety of payment methods including Bit coin, Lit coin, Ripple, and many more. This site offers a platform for betting with local currencies and crypto currencies.

This online platform offers you a welcome bonus of $ 1,000. And has a 4 out of 5 star rating on Google. This app is a licensed online platform from Curacao. The minimum deposit on Stake is $100. This site is available in 15 languages. This site “Stake.com” was established in 2017.

3. Parimatch

Parimatch site has a top-notch star rating of 5 out of 5 on Google. This site gives players a premium user experience, especially on mobile. This site gives a welcome bonus of 30,000 INR. And you have to deposit 200 INR as a minimum deposit. Also offers betting on games like fantasy cricket. Different types of bonuses are available to Indian players.

The site also offers you a variety of payment methods like UPI, PhonePe, Paytm, Skrill, and many more. This app is a licensed online platform from Curacao. The special feature that everyone likes is the terrific live betting experience. This site “Parimatch” was established in 1994.

4. BC.Game

Sports Betting in BC.Game offer you high security of personal data and peace of mind. You can bet on more than 8,000 live events throughout the month. This site is officially certified by iTech, which appraises the BC game’s Random Number Generation (RNG). This site has a star rating of 4.0 on Google.

This app is a licensed online platform from Curacao. This site offers you a variety of payment modes like Bit coin, TORN, and Ripple. The site offers a welcome bonus of $20,000. The minimum deposit in this app is $30. This site “BC.Game” was founded in 2017.

5. Fun88

Fun88 site is a fast, safe, and secure site that offers you 1000+ live events and wins real cash through sports books like B2B, Betfair Sports, and Saba Sports. This site also accepts Indian currency, which is the least available site. This app has a star rating of 4 out of 5 on Google.

This site has various payment methods like UPI, Gpay, Bit coin, Astropay, and many more. This app is a licensed online platform from Montenegro. The site offers you a welcome bonus of 20,000 INR and has to deposit 500 INR as a minimum deposit. This site “Fun88” was founded in June 2008.

6. DafaBet

Dafabet is a licensed online platform from Curacao. This site offers you risk-free bets, cash back, free bets, Mix Parlay rebates, and refund bonuses. The site has a variety of payment methods like UPI, Skrill, Astropay, Tether, and many more. At this site, competitive odds offer favorable returns on your betting investments. This app has a rating of 3 out of 5 on Google.

This site also has an option of prediction challenges; refer a friend bonus and a VIP club. The site offers you a welcome bonus of 16,000 INR and has to deposit 1000 INR as a minimum deposit. This site “DafaBet” was founded in 2004.

7. Most Bet

Most Bet was founded in 2009. Most Bet is attracted by its extremely clear navigation, user-friendly interface, and fast loading. The app has more than 1 million users. This app offers three languages, Hindi, English, and Russian. And has a star rating of 4 out of 5 on Google.

This app offers you a variety of payment methods like UPI, Crypto, Paytm, Net Banking, and many more. This app is a licensed online platform from Curacao. The site offers you a welcome bonus of 25,000 INR and has to deposit 300 INR as a minimum deposit. On this site, you can only withdraw Rs.1000 at a time.

8. MegaPari

MegaPari offers you a cool design, a high-security feature, and an easy layout. This app is a licensed online platform from Curacao. You can bet on popular sports Cricket, Football, Hockey, Basketball, and many more. This app provides you with multiple languages. And has a star rating of 4 out of 5 on Google. This site gives a variety of payment options like UPI, Gpay, Phonepe, Paytm, and many more. The site offers you a welcome bonus of 30,000 INR and has to deposit 88 INR as a minimum deposit. This site “MegaPari” was founded in 2004.

9. Bet Winner

If you are looking for a betting site with a wide range of options, then Bet Winner is definitely for you. This site provides you with sports like Football, Cricket, Boxing, Kabaddi, and many more.  This app is a licensed online platform from Curacao. This site gives a variety of payment options like UPI, Gpay, IMPS, Paytm, and many more. And has a star rating of 4 out of 5 on Google. The site offers you a welcome bonus of 8,000 INR and has to deposit 75 INR as a minimum deposit. This site “Bet Winner” was founded at the beginning of 2018.

10. Bettilt

Bettilt provides you with several sports betting alternatives including Sports Betting, Slot games, live casinos, and Poker. This site gives a variety of payment options like UPI, Gpay, Phonepe, Paytm, and many more. The app is user-friendly and provides Multiple Languages.

This site provides you with sports like Cricket, Tennis, Rugby, Volleyball, and many more. This app is a licensed online platform from Curacao. And has a star rating of 4 out of 5 on Google. The site offers you a welcome bonus of 44,000 INR and has to deposit 1000 INR as a minimum deposit. This site “Bettilt” was established in 2012.

Read Also: Sports betting website cost in india

How to Choose Reliable Sports Betting Site?

This is very important to choose the right site for sports betting. Here are some key points that help you to choose the right site for sports betting.

➢   Licensing and Security

The licensing and security features are important, to ensuring safety and security while betting online. The best bookies are licensed and operated by reputed organizations like the Malta Gaming Authority (MGA) or the United Kingdom Gambling Commission (UKGC).

➢   Betting Market Coverage

This is a crucial feature of sports betting. The site covers the top choices of the betting market where you can find multiple pre-matches, future markets, and live betting across all the games included.

➢   Bonuses and offers

The best bookies offer you a sports welcome bonus, free bets, and refer a friend bonus. Aim to find the top sports betting sites with fair betting conditions, allowing Indian players to cash out winning easily.

➢   Mobile Betting

Betting on mobile is more convenient than betting on desktop. Sports Betting App Development Companies design the apps beautifully and optimize in size for more straightforward access to mobile devices. Top companies even created mobile betting apps easily accessible to Android and iOS.

➢   Payment Options

While deciding on the best sports betting site, it is important to consider the types of payment methods and limits available. The site offers a local Indian payment option and operates with rupees. The popular payment options are UPI, Gpay, PhonePe, Paytm, and many more.

➢   Regular Promotions

Aside from bonuses and offers, sports betting features promotions on a regular basis to keep things spicy. At top sites, one popular regular promotion is typically available weekly and provides a deposit match bounce for extra sports betting funds.

➢   Customer Care Support

The best sports betting site must offer stellar customer support. In today’s time, customer services are available 24/7 through email and live chat. The response time for support and solutions must be fast.

Conclusion

From the above-mentioned article, hope you get a clear idea about the best sites for sports betting in India. The top sites provided by reputed companies always have features like Licensing, security, availability in multiple languages, user-friendly interface, a variety of payment options, offers for every sport for betting, and many more. Above mentioned sites are from reputed sports betting development companies and are very good at these features. So, What are you thinking of, go and start sports betting today!!!

[pratham-blog-post]

Tiranga Wala Game A Blend of Tradition and Modern Gaming

In the diverse world of mobile and online gaming, certain games stand out not just for their entertainment value but also for their cultural resonance. One such example is the Tiranga Wala Game, an innovative application that combines traditional elements with contemporary gameplay. This article explores what makes Tiranga Wala Game unique, its gameplay features, and its cultural significance, offering insights into why it has become a favorite among players.

What is the Tiranga Wala Game?

The Tiranga Wala Game is a mobile application that integrates gaming with themes inspired by the Indian national flag, the Tiranga. The term "Tiranga Wala" reflects a connection to the Tiranga, symbolizing unity and national pride. This game is designed to offer a mix of interactive fun while celebrating Indian heritage. The game typically involves various challenges and activities that are both entertaining and culturally enriching.

Gameplay and Features

Game Mechanics: The Tiranga Wala Game features a variety of gameplay mechanics that can range from color-based puzzles to strategic challenges. Players might be tasked with completing levels by matching colors inspired by the Tiranga (saffron, white, and green) or solving puzzles that incorporate elements of Indian culture. These mechanics are designed to be both engaging and accessible, ensuring players of all skill levels can enjoy the game.

Levels and Challenges: The game usually includes multiple levels, each with increasing difficulty. Early levels might involve simple tasks such as color matching or pattern recognition, while later levels could introduce more complex puzzles and time-based challenges. This progression keeps the game exciting and ensures that players remain engaged as they advance.

Cultural Integration: One of the standout features of the Tiranga Wala Game is its cultural integration. The game often incorporates elements related to the Tiranga, such as color themes and patriotic symbols. This not only enhances the visual appeal of the game but also serves to educate players about Indian culture and heritage. Players might encounter cultural references or historical trivia related to the Tiranga during gameplay.

Rewards and Achievements: To motivate players, the Tiranga Wala Game typically includes a rewards system. Players can earn points, badges, or virtual currency based on their performance. Achievements and milestones are often celebrated with in-game rewards or special features. Leaderboards may also be included, allowing players to compare their scores with others and fostering a sense of competition.

User Experience: Designed with user experience in mind, the Tiranga Wala Game features a colorful and intuitive interface. Clear instructions, engaging graphics, and smooth controls ensure that players can easily navigate the game and enjoy its various features. The game’s design focuses on providing an immersive and enjoyable experience.

Cultural Significance

The Tiranga Wala Game is more than just a mobile app; it is a celebration of Indian cultural heritage. By incorporating themes related to the Tiranga, the game pays homage to India’s national identity and values. The Tiranga, which symbolizes unity, peace, and patriotism, is central to the game’s design and serves as a reminder of the cultural and historical significance of the Indian flag. This cultural integration not only adds depth to the gameplay but also provides players with a sense of connection to their heritage.

Why Play Tiranga Wala Game?

Cultural Enrichment: The game offers an opportunity to engage with Indian culture through its design and themes. Players can learn about the Tiranga and its significance while enjoying interactive gameplay.

Engaging Gameplay: With its variety of levels and challenges, the game provides a fun and stimulating experience. The combination of color-based puzzles and strategic tasks ensures that players remain entertained.

Skill Development: Playing the Tiranga Wala Game helps develop various skills, including pattern recognition, strategic thinking, and problem-solving. The progressive difficulty ensures that players are continually challenged.

Rewards and Competition: The rewards system and leaderboards add an element of motivation and competition, encouraging players to strive for higher scores and achievements.

How to Get Started with Tiranga Wala Game

Download the App: Find the Tiranga Wala Game on the Google Play Store or Apple App Store. Ensure you download the official version from a reputable source to avoid potential security risks.

Launch the Game: Open the app and explore its interface. You may start with a tutorial or introductory levels to get a feel for the gameplay mechanics.

Play and Enjoy: Dive into the various challenges, complete levels, and experience the cultural elements integrated into the game. Track your progress and strive for high scores.

Explore Features: Take advantage of rewards, achievements, and community features to enhance your gaming experience.

Conclusion

The Tiranga Wala Game offers a unique blend of traditional and modern gaming experiences. By integrating cultural themes related to the Indian flag, it provides both entertainment and educational value. Whether you’re interested in exploring Indian heritage through interactive gameplay or simply looking for a fun and engaging game, Tiranga Wala Game delivers a vibrant and enriching experience for players of all backgrounds.