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Survey reveals 71 Per Cent plan to take loans, highlighting ongoing demand for financial support
OutlookIndia
ยท
1y ago
Medial
Financial services platform, Moneyview, has released insights from its recent survey, revealing that 71% of respondents expressed plans to take a loan between Rs. 30,000 and Rs. 2,00,000. The survey also highlighted that 40% of respondents check their credit scores monthly, indicating an increasing awareness of credit health. Additionally, the survey found that 50% of participants receive free suggestions to improve their credit scores, reflecting a proactive approach to credit management. The report also revealed that communication channels like WhatsApp/Text messages and emails are primary sources of credit score awareness for many individuals.
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Most people globally support โWhatever It Takesโ to limit climate change
Gizmodo
ยท
1y ago
Medial
A survey conducted by Potential Energy, the Yale Program on Climate Change Communication, and other organizations reveals that 78% of people around the world believe it is essential to take necessary actions to limit the effects of climate change. The survey, the largest of its kind, found that messages focusing on protecting the planet for future generations were 12 times more effective than other options. However, while there is broad support for government action on climate change, enthusiasm wanes when it comes to specific policies such as phasing out fossil fuels and ending subsidies for polluters.
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Meesho's festive sale sees record orders on first day, 100% up on year
Economic Times
ยท
10m ago
Medial
Ecommerce platform Meesho saw a surge in orders during its festive season sale, with nearly double the number of orders compared to last year. The company reported a record-breaking start to its Mega Blockbuster Sale, with about 6.5 crore unique customers on the first day. Nearly 45% of the orders came from first-time customers. Meesho's success comes as Amazon and Flipkart also kick off their festive season sales, with ecommerce platforms anticipating increased demand for high-value items like electronics and fashion. A survey showed that 71% of Indians plan to shop online this festive season.
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Drug shortages in the US continue after rising to decade highs
Money Control
ยท
1y ago
Medial
A recent study by the National Comprehensive Cancer Network (NCCN) reveals an ongoing shortage of oncology drugs in the United States. The survey conducted by NCCN indicates that 89% of major cancer centers reported shortages of at least one oncology medication. These critical drug shortages have been persistent, continuing to pose major challenges in the healthcare industry. Crystal S. Denlinger, CEO of NCCN, emphasized the need for solutions to address this ongoing problem.
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Evergrande's possible liquidation and what happens next
Livemint
ยท
1y ago
Medial
A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer in a Hong Kong court. If a liquidation order is issued, a provisional and then an official liquidator will take control of Evergrande's assets to repay debts. The liquidators could propose a new debt restructuring plan to offshore creditors. Evergrande's dollar bonds were bid at around one cent on the dollar, and its recovery rate in case of liquidation is expected to be less than 3%. The liquidation process would involve challenges, including changing legal representatives of subsidiaries and completing ongoing construction projects.
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Beyond the hype: Enterprises embrace Gen AI as key enabler for growth
Venturebeat
ยท
1y ago
Medial
A recent survey conducted by Writer on AI adoption in enterprises reveals that 82% of respondents expect rapid growth in the use of generative AI (gen AI) in their companies over the next two years. The survey focused on executives, directors, and managers and found that IT operations, customer support, and security were identified as the areas where gen AI will have the most impact. Concerns were raised around the need for more security measures and data protection when using gen AI. The survey also emphasizes the importance of executive buy-in and collaboration with IT teams for successful adoption of new technology.
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Bottomline: Leapfrog-backed Auxilo Finserve maintains growth momentum
VCCircle
ยท
4m ago
Medial
Auxilo Finserve Pvt Ltd, an education finance company backed by Leapfrog, continues its strong growth trajectory. Four private equity-style investors support the firm, which has seen significant growth in its assets under management and profits due to increasing demand for student loans. During the financial year ending this month, the non-banking financial company maintained its momentum, highlighting the robust market for education financing and its strategic positioning within this sector.
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67% startup employees prefer moving to established firms: CIEL HR survey
Economic Times
ยท
1y ago
Medial
According to a survey by Ciel HR Services, a funding slowdown, job uncertainty, and layoffs in the startup sector are leading employees to seek opportunities in established traditional companies. The survey revealed that 67% of respondents are open to transitioning to established firms due to concerns about job security, better pay, and work-life balance. Attrition remains a challenge for startups with an average median tenure of 2.3 years. However, the survey also indicated that 65% of startups plan to increase hiring in the next six months. The most in-demand roles are in software development and sales.
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Swipe left! AI-generated bots proliferate online dating space
Economic Times
ยท
1y ago
Medial
A recent survey conducted by cybersecurity firm McAfee reveals that scammers are increasingly using AI-generated bots to deceive users on dating websites, with 26% of Indians encountering AI-generated bots instead of real people. The study also found that 39% of Indians engaging in conversations with potential love interests online were actually interacting with scammers. McAfee warns that AI tools enable scammers to create convincing profiles and messages, leading to an increase in romance scams and catfishing. Furthermore, the survey shows that while 56% of Indians plan to use AI to write messages for their love interests, 60% would be hurt or offended if they found out their Valentine's message was AI-generated.
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AI girlfriends will only break your heart, privacy experts warn
Business Insider
ยท
1y ago
Medial
A study by the Mozilla Foundation reveals that AI romance chatbots can be a privacy nightmare. The review of 11 chatbots found that all were untrustworthy and posed privacy risks to users. The survey showed that 73% of the apps neglect security vulnerability management, 45% allow weak passwords, and all except one share or sell personal data. Some chatbots even encourage dangerous behavior. The report advises users to be cautious and take steps to protect their privacy when using AI romance chatbots.
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India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: Nasscom
Economic Times
ยท
1y ago
Medial
India remains a top choice for expanding digital services portfolios, with companies expected to increase spending on AI, data analytics, and cybersecurity, according to a report by industry body Nasscom. The report, based on a survey of 550 enterprises, found that 71% of Indian companies spent over 20% of their tech budget on digital in 2023. Furthermore, nearly 90% of companies plan to increase investments in key digital technology areas in 2024. The report highlights a shift towards cybersecurity, driven by the adoption of generative AI technology. India also continues to be a preferred outsourcing destination for various sectors.
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