Indian Economy: News and Discussion

Haldilal

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LondonParisTokyo

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Ya'll Nibbiars Remeber the Digital Currency as not eco friendly as the paper currency they requires a lot of energy. And now you have to decide to use the Digital currency or not.

Bitcoin is an extremely inefficient way to conduct transactions, saying the amount of energy consumed in processing those transactions is staggering. And one bitcoin transaction requires about 707.6 kilowatt-hours of electrical energy, the amount of energy the average U.S. household consumes in 24 days. And examined blockchain's online security, and the energy efficiency of proof-of-work public blockchains, and in both cases found it grossly inadequate. The 31–45 TWh of electricity used for bitcoin in 2018 produced 17–22.9 MtCO2.

Then before making wild comment that the Digital currency are great think.
That's if you follow the Proof of Work model. There is such a thing as Proof of Stake, which is less energy intensive.
 

Haldilal

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That's if you follow the Proof of Work model. There is such a thing as Proof of Stake, which is less energy intensive.
Ya'll Nibbiars yeah but still requires power which is more than the paper currency. There are also other method's. And now it's time for the stable State backed digital currency.
 

SKC

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Its a disaster incoming

Ghanta automation is taking away jobs!
Did these companies sit together at the same time and decided to cut these many jobs unilaterally.
Fear mongering nothing else.
We were working on automation in our previous project and we took 3-4 more people to complete the jobs!
 

SKC

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That's about to happen if you not innovate and impart skills to population. At this trajectory india will never realise its demographic potential and covid has just ensured that.
For over a decade my company has been shouting automation and efficiency each day. But Ironically Company's employee count Doubled over the last decade.
These paperwalas don't understand what is automation and how things are done and just write articles proclaiming doom every 2-3 years.
 
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FalconSlayers

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Ghanta automation is taking away jobs!
Did these companies sit together at the same time and decided to cut these many jobs unilaterally.
Fear mongering nothing else.
We were working on automation in our previous project and we took 3-4 more people to complete the jobs!
Automation is fear mongering, f robots take away manufacturing jobs, then they give manuacturing jobs to the ones making robots, maintaining it, servicing it, customer support and other services.
 

SKC

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Time to start a kgb from those 30 lakh people , kgb had 7 million agents ,they say.
As they said "Trust but verify"
The whole USSR was becoming psycho by mid 80s. They needed agents then they needed agents to verify these agents. Few places they had three level of agents to verify the agent whos job was to verify another agent!
 

Edinburgh

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I recently learned that in India, companies with more than 100 employees need the government's approval if they want to fire employees.

I think this policy is actually a good idea, but the result is very bad. Big business is not friendly, and big business will reduce the number of employees and use third-party companies to hire.There will be corruption in the Process
This policy is totally unfriendly for a long time, and it is entirely set up for the purpose of election.
 

Lonewolf

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I recently learned that in India, companies with more than 100 employees need the government's approval if they want to fire employees.

I think this policy is actually a good idea, but the result is very bad. Big business is not friendly, and big business will reduce the number of employees and use third-party companies to hire.There will be corruption in the Process
Not good at all , involvement of government in firing employee , is nothing good but another avenue of corruption , better we make a law in this matter ,and don't bother to include bureaucracy
 

Haldilal

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I recently learned that in India, companies with more than 100 employees need the government's approval if they want to fire employees.

I think this policy is actually a good idea, but the result is very bad. Big business is not friendly, and big business will reduce the number of employees and use third-party companies to hire.There will be corruption in the Process
This policy is totally unfriendly for a long time, and it is entirely set up for the purpose of election.
Ya'll Nibbiars the Corruption is State of Mind. There are provisional for this recently adamendented. That's why with the legitimate reason are enough to fire. The labour law is already being updated.
 

sauntheninja

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Automation is fear mongering, f robots take away manufacturing jobs, then they give manuacturing jobs to the ones making robots, maintaining it, servicing it, customer support and other services.
The same thing was said when computers were coming people feared all the jobs will dissapear what happened millions of new jobs were created instead
 

Haldilal

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The same thing was said when computers were coming people feared all the jobs will dissapear what happened millions of new jobs were created instead
Ya'll Nibbiars why even post this Liberandu's media here. They are nothing but Fake MMS who just create problem's.
 

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