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Showing posts from January, 2023

RBI’s Recent Launch Of A Pilot For Its Digital Rupee Is A First Step Towards CBDC - Sethurathnam Ravi

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RBI has recently launched a pilot for its digital rupee and the financial expert Sethurathnam Ravi approaches it as a first step towards CBDC. As per the former BSE Chairman, this is a once in a generation opportunity for India to be a world leader, and the question is whether the RBI will spur innovation or, as with fintech, wait for an inescapable inevitability while the sector lags. Sethurathnam Ravi Blockchain will change the way the world works, highlights Mr. Ravi in his latest article. In the author’s own words, “It has applications across the spectrum – decentralization, provenance, transparency, and security are all features key to processes across a wide array of business domains. The domain it will most emphatically impact though, is financial. It will precipitate reimagination of money in a way as, or probably more, profound as how dematerialization did when Western Union invented wire transfers, or when credit cards changed how we pay”. In the past years, the proliferatio

WHO IS JEFF BEZOS

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Jeffrey Preston Bezos, better known as Jeff Bezos, is the founder and former chief executive officer of e-commerce giant Amazon. He is an entrepreneur, investor and media proprietor. His lucrative ventures have made him one of the richest people in the world, and Bezos has been named the "richest man in modern history" on the Forbes wealth index.  JEFF BEZOS Early career of Jeff Bezos After graduating from Princeton University, Jeff Bezos started a job at a fintech telecommunications start-up, Fitel. Within months, he was promoted as the director of customer service. He shifted to the banking industry and later joined D E Shaw & Co, a newly founded hedge fund. At the age of 30, he was appointed D E Shaw's senior vice-president. Jeff Bezos as an internet entrepreneur In 1993, Bezos quit D E Shaw to establish an online bookstore by taking financial help from his parents and other investors. Amazon, which took shape in his garage, was initially named Cadabra but renamed

Short Biography of Steve Jobs

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Steven Paul Jobs was born on February 24, 1955 in San Francisco, California. His unwed biological parents, Joanne Schieble and Abdulfattah Jandali, put him up for adoption. Steve was adopted by Paul and Clara Jobs, a lower-middle-class couple, who moved to the suburban city of Mountain View a couple of years later. Steve Jobs The Santa Clara county, south of the Bay Area, became known as Silicon Valley in the early 1950s after the sprouting of myriads of semi-conductor companies in the area. As a result, young Steve Jobs grew up in a neighborhood filled with engineers working on electronics and other gizmos in their garages on weekends. This shaped his interest in the field as he grew up. At age 13, he met one the most important persons in his life: 18-year-old Stephen Wozniak, an electronics whiz-kid —and an incorrigible prankster, much like Steve himself. Five years later, when Steve Jobs reached college age, he told his parents he wanted to enroll in Reed College — an expensive libe

SpaceX fuels the massive Starship and completes the first flight-like rehearsal

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After years of designing, testing and explosions, Elon Musk-led SpaceX is ready for another milestone mission. The company is one step closer to the first orbital launch of its behemoth Starship spacecraft that could one day take humans and their cargo to the Moon and then on to Mars. The fully stacked Starship. SpaceX loaded the Starship with 10 million pounds of propellant as part of the first full flight-like wet dress rehearsal at Starbase in Boca Chica. This was the first time that the aerospace company has fully integrated the Starship and the booster and loaded the full-capacity fuel tank. "Starship completed its first full flight-like wet dress rehearsal at Starbase today. This was the first time an integrated Ship and Booster were fully loaded with more than 10 million pounds of propellant," SpaceX said in a tweet. The full wet dress rehearsal was conducted to verify a full launch countdown sequence, as well as the performance of Starship and the orbital pad for a f

Why do people have more heart problems in the winter?

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There is an increase in cases of heart attacks in winter as the heart has to work harder to pump the same amount of blood as a result of the rise in blood pressure and constricted blood vessels. Various health complications are witnessed in winter. Besides an increase in cases of common cold, sore throat and flu, many people suffer from severe health conditions. In fact, cold weather can have inevitable effects on the heart as well. Since the blood vessels constrict when the temperature drops, it increases the chances of a stroke and heart attack. In winter, due to constriction of the coronary artery, the chest pain becomes worse. WHY ARE THERE MORE HEART ATTACKS IN WINTER? According to Dr Hisham Ahamed, Consultant Interventional Cardiologist and Clinical Associate Professor, Cardiology, Amrita Hospital, Kochi, the temperature outside has an opposite relationship to blood pressure. "The heart has to work harder to pump the same amount of blood during the winter as a result of the

An ancient fresco is among 60 treasures returned to Italy from the United States.

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A fresco depicting Hercules and originally from Herculaneum, a city destroyed along with Pompeii by the 79 A.D. eruption of Mount Vesuvius, was back in Italy Monday, along with 59 other ancient pieces illegally trafficked to the United States. A Kylix dish, dated to the V century B.C., is seen on display among other archaeological artifacts stolen from Italy and sold in the US by international art traffickers, during a press conference in Rome Last summer, U.S. authorities announced that the fresco and dozens of other trafficked objects, which ended up in private collections in the United States, would go back to Italy. Among the more precious pieces Italian and U.S. officials displayed to journalists in Rome is a B.C. kylix, or shallow two-handled drinking vessel, some 2,600 years old. Also returned is a sculpted marble head, from the 2nd century B.C., depicting the goddess Athena. Italy said the returned works are worth more than $20 million (18 million euros) overall. The fresco, do

Overall easy to moderate paper, according to expert analysis of JEE Main 2023 paper 1

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Here is the JEE Main 2023 subject-wise post-exam analysis shared by an expert. This year's paper was easy to moderate. Check subject-wise analysis in detail. JEE Mains 2023 Paper 1 for the BTech/ BE aspirants was conducted today, January 24, 2023. As per experts, the paper was of an easy to moderate level. A few good questions were sprinkled here and there about the three subjects. A majority opinion was that the Physics part was the easiest, Whereas Chemistry was of easy to moderate levels. JEE Main 2023 paper 1 analysis: Easy to moderate paper, says expert CHECK SUBJECT-WISE ANALYSIS IN DETAIL PHYSICS Questions were set for covering all the topics. Students were tested on the simple level of applicability of concepts. Numericals were more in numbers than theoretical questions. Questions were from Thermodynamics, Electrostatics, Optics, Magnetism, Modern Physics, and other chapters. Those students who have thoroughly covered the syllabus of XI and XII along with sufficient problem