In the framework of the Atmanirbhar Bharat Programme, the PLI schemes aim at enhancing Indian manufacturers competitiveness, attracting investments in cutting-edge technology, creating efficiencies and economies of scale as well as enhancing exports. Production Link Incentive Scheme (PLI) is an initiative started by the Government of India to not only encourage foreign companies to find […]
The Electric Vehicle industry in India is growing very fast. The governments of India have launched schemes and incentives to promote electric mobility in the country and some regulations and standards are also in place. The running cost of an electric vehicle is much lower than an equivalent petrol or diesel vehicle. Electric Vehicles (EVs) are run
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You’ve undoubtedly heard about semiconductors. But while most people have heard of semiconductors, very few people know much about them. They really are everywhere, from the processor and AI chips in our smartphones to electronic devices for electric and autonomous vehicles, to new sensors for healthcare. What is Semiconductor? A semiconductor is a physical substance
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The metaverse is a virtual universe that extends the dimensions of the physical world. The metaverse, as you may know, is a collection or network of 3D virtual worlds designed to foster social interaction. Using advanced human-computer interaction hardware (e.g., Augmented Reality-Virtual Reality headsets) and software, users can interact with each other in the metaverse
The Internet of Things, refers to the billions of devices including interrelated computing devices, digital machines, objects, animals or people that are provided with Unique Identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. Connected to the internet and equipped with sensors, these devices power much of the developing
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Drones can be referred as Unmanned Aerial Vehicles (UAVs), Miniature Pilotless Aircraft or Flying Mini Robots, drones are gaining popularity. The last few years have been significant in terms of drone adoption, usage expansion across industries, government organisations and global awareness. Originally drones were developed for the military and aerospace industries, drones have found their
Artificial intelligence (AI) has gained immense importance over the years, so much so that it has found its presence felt in almost all the sectors that one can think of. There are various uses of AI in the today’s scenario. Words cannot suffice the potential that AI holds when it comes to adding value to
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The P/E Ratio or ‘Price to Earnings’ Ratio looks at the relationship between stock price and company’s earnings i.e., Earnings per share. It is sometimes also referred to as ‘Price Multiple’ or ‘Earnings Multiple’ The P/E Ratio is the most popular metric of stock analysis, though not the only one. PE is calculated as… Price
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The base effect occurs whenever two data points are compared as a ratio where the current data point or point of interest is divided or expressed as a percentage of another data point, the base or point of comparison. The base effect can lead to distortion in comparisons and deceptive results, or, if well understood
Deposit Insurance and Credit Guarantee Corporation (DICGC) DICGC is a subsidiary of Reserve Bank of India which provides insurance of deposits and guaranteeing of credit facilities to all such banks registered under the guidelines of the RBI Act. The DICGC insures all deposits such as Savings, Fixed, Current, Recurring, etc. All commercial banks including branches
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