The Indian Government Is Considering Launching Lakshmi, Its Answer To Bitcoin

The Indian Government Is Considering Launching Lakshmi, Its Answer To Bitcoin

There might be yet another addition in the burgeoning cryptocurrency market — and it could come from an unexpected source. The Indian government is reportedly considering launching its own  blockchain-based currency, called Lakshmi, which will operate much like Bitcoin. Business Standard reports that the proposal was discussed by a committee of government officials, and the panel found the idea of setting up and running blockchain for financial services useful. The new cryptocurrency will fall under the domain…

Best Ways to Relax at Home After a Hard Day at Work

Best Ways to Relax at Home After a Hard Day at Work

What can be better after a tough day than coming home and having some time to yourself? It is very important to find different ways to relax after work in order to keep your productivity up in the long run and simply regain the strength you have lost during the day. Your home may be just the right place to do it. From free casino games to play online to jogging and cooking, your best…

Big Benefit For Employees: Tax-Free Gratuity Limit To Be Doubled to Rs 20 Lakh

Big Benefit For Employees: Tax-Free Gratuity Limit To Be Doubled to Rs 20 Lakh

The government has decided to raise the upper limit of tax-free gratuity payable to an employee from the existing Rs 10 lakh to Rs 20 lakh. The process has been set in motion by the Union Cabinet’s approval of the introduction of the Payment of Gratuity (Amendment) Bill, 2017, in Parliament. The amendment is also expected to increase the limit of gratuity of employees in public sector undertakings and autonomous government organisations and bring it at…

How To Write A Business Plan

How To Write A Business Plan

You have a great idea. You’ve assembled a crack team. And now, you’re ready to finally kick start your business. But one problem remains — where will the money come from? A Business Plan is critical to raise funding for your startup, and turn it into a reality. A Business plan tells potential investors what your startup does, and how it’ll plan to go about it. Here are some tips to keep in mind while…

“Gig Economy and Contingent Workforce: HR and Workplace of the Future” at “Kshitij 2017”

“Gig Economy and Contingent Workforce: HR and Workplace of the Future”  at “Kshitij 2017”

“Kshitij 2017”, the National Level HR Summit organized by XIMAHR, the HR Association of Xavier University, was held by the Xavier School of Human Resource Management on Friday, 18th August, 2017. The event illuminated the need to address the growing phenomenon of Gig Economy, accompanied by the demands and challenges faced while working with a contingent workforce. The panel consisted of esteemed HR stalwarts, namely: Mr. Maharana Ray (GM HR – Bajaj Auto), Ms. Ankita…

Annual Business Conclaves at XIMB: All Aspects of Business Finance and Operations Explored

Annual Business Conclaves at XIMB: All Aspects of Business Finance and Operations Explored

X-FIN, the Finance Association of XIMB organized their annual business conclave “Finomics 2017” on 12th August 2017,Saturday, 2pm. The topic of discussion for the conclave was “Universal Basic Income: The elixir against inequality?”. The conclave was opened by elucidating on the major aspects of the UBI – Universality, Conditionality and Agency. The first speaker of the day was Mr. Shaktikanta Das, Former Economist Affairs Secretary, Govt. Of India, who stressed on the need for effective…

No I in TEAM: How to build successful people

No I in TEAM: How to build successful people

  Building a great team requires strong leadership. The basic building block of good team building is for a leader to promote the feeling that everyone is unique and adds value. It takes a special kind of leader to build great teams. A successful team has communication, motivation, morale and productivity. They know one another well and recognise each other’s strengths and weaknesses. There are things you can do as a leader to develop this…

6 Essential Tips to Follow When Shipping International Packages

6 Essential Tips to Follow When Shipping International Packages

  Globalisation is great for any business, but it can also be complex and risky when it comes to shipping internationally. Sending courier packages is never as simple as it sounds. Occasionally, things get lost or stuck in customs and can take a life time to reach their destination. Here are 6 essential tips that you should follow when shipping international packages. Stick to Lightweight Items If you’re new to business you might be tempted…

How User Engagement Can Help E-Commerce

How User Engagement Can Help E-Commerce

Even until a few years back, for a company, e-commerce was just an additional feature that some of them had on offer. Now it is no longer just an additional feature, rather it is impossible for a company to sustain in this competitive market without a good e-commerce platform. This is mainly because of the advent of the internet and it becoming the best platform for customer engagement. Role of social media The internet has taken…

The Highest Package Offered At IIT Bombay This Year

The Highest Package Offered At IIT Bombay This Year

IIT Bombay consistently ranked as one of the premier engineering institutes in India. While many of those who graduate from this institution proceed further with their education either in India or abroad, there are many others who are placed through the campus placements. The IIT Bombay highest package for 2016- 2017 was $110,000 (Rs. 71 lakh), offered by Uber for a position in the US.  Apart from Uber, Microsoft also offered a package as $106,000 (Rs….

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