The document discusses trends and strategies for the logistics industry. It notes that customers now expect high quality, low cost services globally. Logistics providers need to focus on core competencies like transport, handling, customs and risk management. They must also improve training, performance measurement, and adapt structures and strategies to meet evolving customer and industry needs. Technology, information management, and integration across supply chains will be increasingly important to address demanding customers and competitive pressures.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The CII Institute of Logistics is a leading international center of excellence in logistics and supply chain management located in Chennai, India. Its mission is to enhance industry competitiveness through training programs, publishing best practices, and consulting services. It offers various education programs including a Post Graduate Diploma in Supply Chain Management to train supply chain professionals and help companies improve their supply chain operations.
Nick vyas final supply chain india finalfaizahmad85
The document discusses the evolving supply chain landscape in India. It notes that India's economy and population are growing rapidly, with urban population projected to exceed 500 million by 2025. This growth is driving increases in food consumption, retail sales, and demand across key industries. However, India's supply chain faces many challenges including an inefficient system, lack of infrastructure and technology, food safety issues, and an unorganized sector. The document advocates for private-public partnerships to help modernize India's supply chain and realize its significant growth opportunities.
The document discusses India's proposed Dedicated Freight Corridor project, including definitions, history, and details on the implementing organization and two planned corridors. The Eastern Corridor would connect Ludhiana to Dankuni over 1,760 km, while the Western Corridor would connect Dadri to Jawaharlal Nehru Port over 1,468 km. The Dedicated Freight Corridor Corporation of India is overseeing planning, development, and construction of the corridors to separate freight transportation from passenger rail networks.
Logistics Evolution to Address New Challenges in Multimodal Transport in EuropeWJ
This document discusses challenges and opportunities in multimodal transport in Europe. It notes the evolution of logistics to address new challenges and opportunities for intermodal transportation. Specifically, it discusses the need to increase reliability and efficiency of rail transport, become more customer-friendly, and recognize freight forwarders as partners. Infrastructure investment in transport will be important for Europe's competitiveness in the coming years. Alternative fuels and energy sources will also be key for the transport industry. Cooperation between large and small logistics companies is encouraged.
We have presented in Detail the total opportunity in India's Industrial corridors totalling USD $150+ B.
We have analysed the DMIC in detail so that the investor gets the feel of the opportunity in Make In India
The DMIC is the largest Industrial corridor in India and would mean an opportunity of Approx USD$100 B.
DMIC also marks the rising partnership between India and Japan as one of the Principal Investor and Japan Bank for International Cooperation - JBIC
The Whole Economic Ecostystem that will be stimulated would be- Sea Port,Roads & Highways, Railways-High speed train,Cities-township-Affordable Housing, Airport,Power Hydro, Solar-Renewable Energy,Warehouse & Logistics, FDI- inflow and listing on BSE,NSE,NASDAQ, LSE, and development of SEZ.
“Let’s strategically source our services , let’s Netsource !”
India has the largest road network in the world with over 40 lakh kilometers of roads. However, road conditions are generally poor which leads to around 95,000 traffic fatalities per year, the second highest in the world. The government plans to spend $1.7 trillion to improve road infrastructure through public-private partnership projects, but progress has been slow due to issues like lack of skilled labor, land acquisition problems, and corruption. Improving road quality and adopting a strict maintenance program overseen by the National Highway Authority of India could help address these issues and reduce accidents.
The document discusses trends and strategies for the logistics industry. It notes that customers now expect high quality, low cost services globally. Logistics providers need to focus on core competencies like transport, handling, customs and risk management. They must also improve training, performance measurement, and adapt structures and strategies to meet evolving customer and industry needs. Technology, information management, and integration across supply chains will be increasingly important to address demanding customers and competitive pressures.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The CII Institute of Logistics is a leading international center of excellence in logistics and supply chain management located in Chennai, India. Its mission is to enhance industry competitiveness through training programs, publishing best practices, and consulting services. It offers various education programs including a Post Graduate Diploma in Supply Chain Management to train supply chain professionals and help companies improve their supply chain operations.
Nick vyas final supply chain india finalfaizahmad85
The document discusses the evolving supply chain landscape in India. It notes that India's economy and population are growing rapidly, with urban population projected to exceed 500 million by 2025. This growth is driving increases in food consumption, retail sales, and demand across key industries. However, India's supply chain faces many challenges including an inefficient system, lack of infrastructure and technology, food safety issues, and an unorganized sector. The document advocates for private-public partnerships to help modernize India's supply chain and realize its significant growth opportunities.
The document discusses India's proposed Dedicated Freight Corridor project, including definitions, history, and details on the implementing organization and two planned corridors. The Eastern Corridor would connect Ludhiana to Dankuni over 1,760 km, while the Western Corridor would connect Dadri to Jawaharlal Nehru Port over 1,468 km. The Dedicated Freight Corridor Corporation of India is overseeing planning, development, and construction of the corridors to separate freight transportation from passenger rail networks.
Logistics Evolution to Address New Challenges in Multimodal Transport in EuropeWJ
This document discusses challenges and opportunities in multimodal transport in Europe. It notes the evolution of logistics to address new challenges and opportunities for intermodal transportation. Specifically, it discusses the need to increase reliability and efficiency of rail transport, become more customer-friendly, and recognize freight forwarders as partners. Infrastructure investment in transport will be important for Europe's competitiveness in the coming years. Alternative fuels and energy sources will also be key for the transport industry. Cooperation between large and small logistics companies is encouraged.
We have presented in Detail the total opportunity in India's Industrial corridors totalling USD $150+ B.
We have analysed the DMIC in detail so that the investor gets the feel of the opportunity in Make In India
The DMIC is the largest Industrial corridor in India and would mean an opportunity of Approx USD$100 B.
DMIC also marks the rising partnership between India and Japan as one of the Principal Investor and Japan Bank for International Cooperation - JBIC
The Whole Economic Ecostystem that will be stimulated would be- Sea Port,Roads & Highways, Railways-High speed train,Cities-township-Affordable Housing, Airport,Power Hydro, Solar-Renewable Energy,Warehouse & Logistics, FDI- inflow and listing on BSE,NSE,NASDAQ, LSE, and development of SEZ.
“Let’s strategically source our services , let’s Netsource !”
India has the largest road network in the world with over 40 lakh kilometers of roads. However, road conditions are generally poor which leads to around 95,000 traffic fatalities per year, the second highest in the world. The government plans to spend $1.7 trillion to improve road infrastructure through public-private partnership projects, but progress has been slow due to issues like lack of skilled labor, land acquisition problems, and corruption. Improving road quality and adopting a strict maintenance program overseen by the National Highway Authority of India could help address these issues and reduce accidents.
This document provides information on inland waterways in India. It discusses the three national waterways that are currently operational - NW-1 on the Ganga River, NW-2 on the Brahmaputra River, and NW-3 on the West Coast Canal. It outlines the various development works being carried out by the Inland Waterways Authority of India to improve navigability. It also presents data on terminals, fairway development, and vessel types used on the different waterways. Issues faced and potential opportunities for further development of inland water transport in India are highlighted.
The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. It aims to transform India into a global manufacturing hub by focusing on sectors like infrastructure and attracting foreign investment. Key objectives include generating employment, fostering innovation, and improving the business environment. However, challenges remain such as inadequate infrastructure, bureaucratic hurdles, and difficulties acquiring land for industry. Several major companies have pledged investments but others note high production costs in India.
India has one of the largest road networks in the world, spanning over 3.3 million kilometers. The network consists of national highways, maintained by the central government; state highways and major district roads, maintained by state governments; and rural roads, maintained by local governments. It connects cities, towns, villages, and agricultural areas across the country to facilitate transportation of people and goods.
Make in india - Challenges and way aheadavikrishna
this presentation gives glimpse of how "Make in india" campaign was coined and what are challenges in front of it. presentation also gives way ahead to this campaign.
Digital India is sweeping initiative to transform India into Digitally empowered nation. A forward looking government, willing industry players, and ready nation are working wholeheartedly to realize this dream.
E-commerce is growing in India due to favorable demographics and increasing internet access through mobile devices. This growth is driving opportunities for logistics companies to develop capabilities around last-mile delivery, packaging, and technology to support the delivery of online orders. Effective logistics is one of the pillars needed for e-commerce companies to succeed and involves addressing challenges like delivery times, damage during transport, and tracking shipments. Logistics companies are working to build dedicated e-commerce divisions and networks to efficiently handle the reverse logistics of product returns and meet customer expectations for e-commerce delivery.
This document provides an overview of the logistics industry and Porter's Five Forces analysis. It discusses key domestic and international players like DHL, TNT, AFL, Exel, Kuehne & Nagel, and Schenker. Opportunities for growth in India include air cargo and the Delhi-Mumbai corridor project. Challenges are high costs due to delays and poor infrastructure. The future of e-commerce and initiatives like 'Make in India' are expected to drive growth in the logistics sector.
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
DHL Pakistan has been operating in the country for 26 years and is the market leader in international courier services with over 65% market share. While its main focus is international courier and freight shipping, DHL aims to grow its import business, increase market share, and ensure it remains the customers' first choice. DHL utilizes advanced technology and tailored processes to provide high quality, timely deliveries and stands out through its global network and customs assistance. However, the import service contributes only 10-15% of revenues and needs improvement to better compete with lower-priced local freight forwarders.
Narendra Modi's Make In India campaign is his drive to reach India to the top of all nations. He aspires to make India a manufacturing hub and develop the nation immensely.
Here's a look at what the Make in India campaign has in store for Indians and the companies from other nations who wait to invest here.
Make in India's all information you want to need in this Presentation. Please download it and make sure you will not download any more Information regarding it if you will see this.
The document outlines India's "Make in India" initiative, which aims to transform India into a global manufacturing hub. It notes that India has a large economy and growing imports, but also large trade deficits. The campaign aims to attract foreign businesses to invest and manufacture in India by simplifying regulations, improving infrastructure and developing skills. It highlights 25 sectors targeted for growth. While the campaign aims to create jobs and recognition for India, challenges remain around infrastructure, land acquisition, regulations and developing electronics manufacturing capabilities. The document also discusses China's response campaign and the proposed GST tax changes in India.
The document discusses India's trade balance and key imports and exports. It notes that India has recorded sustained trade deficits since 1980 mainly due to high growth in imports like crude oil, gold, and silver. India's main imports are from China, UAE, Saudi Arabia, Switzerland, and the US and include petroleum, gold/silver, machinery, electronics, and precious stones. Major exports include drugs/pharmaceuticals, cotton yarn/fabrics, handicrafts, and the pharmaceutical industry is poised for continued growth, making it a promising sector. However, issues like weak domestic IPR protection and global inequality pose challenges.
The Indian economy is the 7th largest economy in the world by nominal GDP and 3rd largest by PPP. India's key economic sectors are services, industry, and agriculture. The services sector contributes the most to GDP while agriculture employs over half of Indians. Exports have grown and include software, petrochemicals, and pharmaceuticals while imports are dominated by crude oil, gold, electronics and machinery. The 12th Five Year Plan aims to accelerate economic growth through investments in infrastructure, health, education, and rural development to achieve more inclusive growth.
This document summarizes the history and structure of the Indian economy. It discusses three phases of economic development: pre-colonial, colonial, and post-colonial. The colonial period negatively impacted the economy through exploitation of resources. Currently, the economy has primary, secondary, and tertiary sectors and faces challenges like inflation, infrastructure issues, and debt. However, with continued reforms and growth, India is projected to become one of the largest economies globally by 2035.
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
Swachh Bharat Mission - Make India Cleanswachhbharat
Swachh Bharat is a part of Corporate Social Responsibilities activities that is started by Pumpkart.com. The organization is planning organize a number of awareness programme on how to promote cleanliness across India as per the guidelines announced by the Indian Government. Pumpkart.com has started this initiative that aimed at ending open defection. It is a way of using social media for making those people aware who defect in the open and do not follow the cleanliness practices.
This document provides an overview of the economy of India, including key statistics and sectors. It discusses India's GDP growth rate, important industries like telecommunications and food processing, top export and import partners, sectors like agriculture and banking, and external trade. It also outlines objectives of India's 11th five-year plan such as reducing poverty and improving education, health, and infrastructure.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Mutual Fund Taxation – How Mutual Funds Are Taxeddhvikdiva
Divadhvik explains Mutual Fund Taxation clearly: Equity funds held over a year are taxed at 10% for gains over ₹1 lakh, while short-term gains are taxed at 15%. Debt funds held over three years are taxed at 20% post-indexation. Short-term gains are taxed as per your income slab.
This document provides information on inland waterways in India. It discusses the three national waterways that are currently operational - NW-1 on the Ganga River, NW-2 on the Brahmaputra River, and NW-3 on the West Coast Canal. It outlines the various development works being carried out by the Inland Waterways Authority of India to improve navigability. It also presents data on terminals, fairway development, and vessel types used on the different waterways. Issues faced and potential opportunities for further development of inland water transport in India are highlighted.
The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. It aims to transform India into a global manufacturing hub by focusing on sectors like infrastructure and attracting foreign investment. Key objectives include generating employment, fostering innovation, and improving the business environment. However, challenges remain such as inadequate infrastructure, bureaucratic hurdles, and difficulties acquiring land for industry. Several major companies have pledged investments but others note high production costs in India.
India has one of the largest road networks in the world, spanning over 3.3 million kilometers. The network consists of national highways, maintained by the central government; state highways and major district roads, maintained by state governments; and rural roads, maintained by local governments. It connects cities, towns, villages, and agricultural areas across the country to facilitate transportation of people and goods.
Make in india - Challenges and way aheadavikrishna
this presentation gives glimpse of how "Make in india" campaign was coined and what are challenges in front of it. presentation also gives way ahead to this campaign.
Digital India is sweeping initiative to transform India into Digitally empowered nation. A forward looking government, willing industry players, and ready nation are working wholeheartedly to realize this dream.
E-commerce is growing in India due to favorable demographics and increasing internet access through mobile devices. This growth is driving opportunities for logistics companies to develop capabilities around last-mile delivery, packaging, and technology to support the delivery of online orders. Effective logistics is one of the pillars needed for e-commerce companies to succeed and involves addressing challenges like delivery times, damage during transport, and tracking shipments. Logistics companies are working to build dedicated e-commerce divisions and networks to efficiently handle the reverse logistics of product returns and meet customer expectations for e-commerce delivery.
This document provides an overview of the logistics industry and Porter's Five Forces analysis. It discusses key domestic and international players like DHL, TNT, AFL, Exel, Kuehne & Nagel, and Schenker. Opportunities for growth in India include air cargo and the Delhi-Mumbai corridor project. Challenges are high costs due to delays and poor infrastructure. The future of e-commerce and initiatives like 'Make in India' are expected to drive growth in the logistics sector.
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
DHL Pakistan has been operating in the country for 26 years and is the market leader in international courier services with over 65% market share. While its main focus is international courier and freight shipping, DHL aims to grow its import business, increase market share, and ensure it remains the customers' first choice. DHL utilizes advanced technology and tailored processes to provide high quality, timely deliveries and stands out through its global network and customs assistance. However, the import service contributes only 10-15% of revenues and needs improvement to better compete with lower-priced local freight forwarders.
Narendra Modi's Make In India campaign is his drive to reach India to the top of all nations. He aspires to make India a manufacturing hub and develop the nation immensely.
Here's a look at what the Make in India campaign has in store for Indians and the companies from other nations who wait to invest here.
Make in India's all information you want to need in this Presentation. Please download it and make sure you will not download any more Information regarding it if you will see this.
The document outlines India's "Make in India" initiative, which aims to transform India into a global manufacturing hub. It notes that India has a large economy and growing imports, but also large trade deficits. The campaign aims to attract foreign businesses to invest and manufacture in India by simplifying regulations, improving infrastructure and developing skills. It highlights 25 sectors targeted for growth. While the campaign aims to create jobs and recognition for India, challenges remain around infrastructure, land acquisition, regulations and developing electronics manufacturing capabilities. The document also discusses China's response campaign and the proposed GST tax changes in India.
The document discusses India's trade balance and key imports and exports. It notes that India has recorded sustained trade deficits since 1980 mainly due to high growth in imports like crude oil, gold, and silver. India's main imports are from China, UAE, Saudi Arabia, Switzerland, and the US and include petroleum, gold/silver, machinery, electronics, and precious stones. Major exports include drugs/pharmaceuticals, cotton yarn/fabrics, handicrafts, and the pharmaceutical industry is poised for continued growth, making it a promising sector. However, issues like weak domestic IPR protection and global inequality pose challenges.
The Indian economy is the 7th largest economy in the world by nominal GDP and 3rd largest by PPP. India's key economic sectors are services, industry, and agriculture. The services sector contributes the most to GDP while agriculture employs over half of Indians. Exports have grown and include software, petrochemicals, and pharmaceuticals while imports are dominated by crude oil, gold, electronics and machinery. The 12th Five Year Plan aims to accelerate economic growth through investments in infrastructure, health, education, and rural development to achieve more inclusive growth.
This document summarizes the history and structure of the Indian economy. It discusses three phases of economic development: pre-colonial, colonial, and post-colonial. The colonial period negatively impacted the economy through exploitation of resources. Currently, the economy has primary, secondary, and tertiary sectors and faces challenges like inflation, infrastructure issues, and debt. However, with continued reforms and growth, India is projected to become one of the largest economies globally by 2035.
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
Swachh Bharat Mission - Make India Cleanswachhbharat
Swachh Bharat is a part of Corporate Social Responsibilities activities that is started by Pumpkart.com. The organization is planning organize a number of awareness programme on how to promote cleanliness across India as per the guidelines announced by the Indian Government. Pumpkart.com has started this initiative that aimed at ending open defection. It is a way of using social media for making those people aware who defect in the open and do not follow the cleanliness practices.
This document provides an overview of the economy of India, including key statistics and sectors. It discusses India's GDP growth rate, important industries like telecommunications and food processing, top export and import partners, sectors like agriculture and banking, and external trade. It also outlines objectives of India's 11th five-year plan such as reducing poverty and improving education, health, and infrastructure.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Mutual Fund Taxation – How Mutual Funds Are Taxeddhvikdiva
Divadhvik explains Mutual Fund Taxation clearly: Equity funds held over a year are taxed at 10% for gains over ₹1 lakh, while short-term gains are taxed at 15%. Debt funds held over three years are taxed at 20% post-indexation. Short-term gains are taxed as per your income slab.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
A Vision for the Indian Economy
1. A quality report by JainMatrix Investments
A Vision for the Indian Economy 10th
June 2014
This New Year my message to readers was … Lets dream BIG in 2014.
Six months later, I certainly feel we have made some progress and a lot of terrific things are happening around us.
The political and government scenario. The stock market. The optimism in the air. All are very positive.
The last few weeks, I have seen a lot of articles in newspapers and magazines which gave a wish list to government
for some sector – such as banking, infrastructure, environmental clearances, education & HRD, etc.
Let’s step back and dream a bigger dream.
Look at this graph prepared by financial services firm, J P Morgan.
Global GDP – from AD1000 to today (This graphic is from this page LINK).
In the year 1700, India was #1 in the world in GDP, ahead of China and far ahead of UK and France and other
leading countries of that time. USA was barely there.
In the 300 years since, India lost its freedom, and the Industrial Revolution happened, that bypassed India. Our
country steadily weakened on this GDP list till 1980, after which it appears to be at least growing its share. Even
our freedom apparently did not result in relative wealth improvement till 1980.
However in the last 34 years, I think India has absorbed all the modern world Revolutions and is a vibrant country.
Its time to think of the next 30 years as our time to return to this primary #1 position
globally.
This is a grand vision. But this grand vision is nothing if not broken down into a series of smaller targets. The first
target I can think of is China.
India has a lot in common with China. We are neighbours. We are population wise and country size wise close to
each other. Before 1700 we can see that China & India dominated world wealth and civilizations.
In the period from 1980 to now, China has provided economic freedom to its people, encouraging business,
entrepreneurship, and attracting industry worldwide to invest in factories. It has invested in its own infrastructure,
2. A vision for the Indian Economy June 2014
Report by JainMatrix Investments Page 2 of 2 www.jainmatrix.com
and built its economy. It’s done a wonderful job. Literacy is up. Population growth is falling. Lifestyles are
improving.
It is on its way to the #2 position.
India needs to get to the #1 position again. To start with by matching China on the
industrial and infrastructure side. In the next 10 years.
We need to learn from China. And we need to be as good as them in 10 years. But how?
Let’s look at these figures of GDP growth for India & China.
GDP – India and China
China has averaged 8-10% while India has averaged 4-5% in the last 28 years.
So the next target has to be a 7% plus GDP growth rate for the next 10 years. And we
have to Think BIG.
This does not appear difficult since we have done over 7% in 6 of the last 28 years.
Somehow I feel the big government constraint – across Indian PSUs, education, tourism, Oil & Gas, etc. sectors,
may not be an issue from here. Partly because of the new government. Partly because the times are changing.
I pray some of our business and government leaders are thinking on these lines. They need to dream on these lines
for their businesses, or for their Ministry. Many of our industries and firms need to be globally competitive.
And for each of us? We need to dream this in our daily work.
For the salesman, make two additional calls today.
For the factory worker, produce two more manufactured parts from your lathe or machine tool today.
For the CEO, hire more, fire less and give your staff a dream for their company.
For the retired CA, get active again, and teach young students finance.
For me, I need to create an additional investment report this month.
We have just 10 years.