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STARBUCKS

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Have you ever wondered why there are only round tables in the Starbucks?          We all visit Starbucks once in a while. Many memories are being made or many memories are being revived over a cup of coffee at the Starbucks. While sipping a cup of coffee on the round table, we all strike a conversation sometimes lasting from few minutes to few hours. But has anyone wondered why all the Starbucks around the world have round tables. Instead they could have square tables or rectangular ones or any other tables of any geometric shape. But that is not the case. All the Starbucks around the world have the tables that are only of circular shape. So let us examine the probable reasons for having such round table in one of the world’s most famous beverage outlets: - §      A round table is less formal, has no 'empty' seats, and the lack of right-angle edges makes the person seated at the table feel less isolated. §   ...

CHABAHAR PORT

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      India has invested heavily in Iran particularly at the Chabahar Port, seen as a gateway for the Indian goods to reach the Gulf and Europe without going via Pakistan. New Delhi also views the port as an important way to counteract the Gwadar Port in Pakistan which is being developed with the help of Chinese assistant in Pakistan.        The port is being developed by the government owned company, Indian Ports Global Ltd, although private companies are expected to bid for the subcontracts for the development of this port. New Delhi has said it will allow them to do so in Rupees, bypassing the US sanctions.       A spokesperson for the Indian Government said, “India has always maintained that the Iranian nuclear issue should be peacefully resolved through dialogue and diplomacy by respecting Iran’s right for peaceful use of the nuclear energy.”      From Chabahar Port and using it for...

SOUTH CHINA SEA DISPUTE

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INTRODUCTION :                 South China Sea is a 3.5 million square km of water body located in Asia. It is surrounded by countries such as China and Taiwan in the north, Malaysia, Brunei and Indonesia in the south, Philippines in the east and Vietnam in the west. This South China Sea is considered as one of the busiest shipping lanes in the world. The Malacca Strait joins the South China Sea with the Indian Ocean. Each year around USD 5.3 Trillion worth of trade takes place through this region. Around       1/3rd of the global maritime trade passes through this region. It is estimated that the South China sea has 11 Billion barrels of crude oil, 190 Trillion cubic feet of natural gas and is the home to the 10 % of the world’s fishing industry. However, the Chinese estimate that this region has 125 Billion barrels of crude oil and 500 Trillion cubic feet of natural gas. THE DISPUTE :-   ...

FMCD SECTOR - A BOOMING INDIAN SECTOR.

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        India's FMCD sector is one of the largest economic and industrial sector in the country and are playing an important role in the growth and development of the world's largest democracy. v   India is one of the largest and the fastest growing FMCD markets in the world. v   India’s FMCD market reached USD 31.48 Billion Dollars in 2017. v   The FMCD market is expected to grow at 41 per cent CAGR between 2017-20 to reach US$ 400 billion. v   The consumer durables sector in India is expected to grow 8.5 per cent in 2018-19. v   Such growth can be attributed to the rise in India’s middle class, increase in rural electrification, change in the lifestyles of the Indians, 100 percent FDI in the electronics hardware-manufacturing sector under the automatic route. v   Consumer electronics exports from India reached USD 362.12 million in FY18. v   The market consists of two types of goods. First is the Brown goods. It...

IMPACT OF ARTIFICIAL INTELLIGENCE ON JOBS

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         In the 21 st century the whole world is within the grasp of the modern technology. Even if we are sitting in our home or we are at our workplace, whatever is happening around the world be it in the remotest corner of the world, we get to know about it in a matter of seconds, thanks to the technology we have gifted ourselves with it. I believe that there is a direct relationship between the technology and the jobs. Both of them are interlinked with each other. In fact, I can at least say that both Automation & Artificial Intelligence will increase jobs. I would like to support this with the help of few examples: - v   We all use the  Artificial Teller Machines' at least once in a while. This ATM is nothing but a machine which is run by artificial intelligence. We type the amount that we wish to withdraw from it, the machine processes our request and we get the said amount as requested by us. This machine is not created by the robot...

FOOD WASTAGE - A THING OF THE PAST

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                                                    Everyday tons of perishable vegetables and fruits are being wasted. Hundreds and millions of dollars are being eroded from our economy due to such agricultural product’s waste. Such wastage can be attributed to the human negligence, weather conditions, improper distribution planning of the delivery of the products, etc. This in turn is affecting the income of the farmers whose sole income depends on the selling of such produce in the market. This in turn sometimes affects the demand and supply chain mechanism of the agricultural sector around the globe. If such wastage can be controlled can we imagine the effect that it will have upon our economy. The farmers, retailers and customers including the industry as a whole will all have a smiling and bright face .       ...

FMCG SECTOR OF INDIA

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                              Fast Moving Consumer Goods (FMCG) sector is the 4 th largest sector in the Indian economy. Growing awareness about the products among the consumers, easier access and changing lifestyle among the Indians have been the key drivers for this sector. The FMCG Industry is characterized by a well-established distribution network, low penetration levels, low operating cost, lower per capita consumption and intense competition between the organized and unorganized segments. HISTORY -                     The FMCG sector had a relatively modest growth from 1950’s to 1980’s. The growth in the FMCG sector started in the 1990’s when India opened its economic door to the rest of the world. With the entry of the global players in the country, this sector has increased at a large rate making it...