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The ABCs of Entrepreneurship and Business As an entrepreneur or business professional, it's important to have a solid understanding of key terms and concepts. Here are some essential terms you should know: 1. Profit Margin: - Formula: Profit Margi

Why Banks are preferring UPI for ATM cash withdrawal instead of traditional Cards No Physical Card Production: Issuing debit cards costs banks money (around Rs 150-200 per card for production, shipping, and activation). UPI eliminates this by workin

Upfront Cost Vs Total Cost of Ownership EVs may have a higher Upfront Cost but they actually have the lowest Total Cost of Ownership (TCO) compared to petrol, diesel and CNG vehicles. See the table below. It shows total cost of ownership for a 200

If I were to offer 1 GB of data at ₹5, with no expiry, and similar plans for higher data amounts at a hotspot location, would this model appeal to consumers? Is there a market need for such a service, where data affordability and flexibility are prio

Mobile phone bills are set to increase as Reliance Jio and Bharti Airtel have announced significant tariff hikes. Jio revealed a 12-25% increase on Thursday, followed by Airtel's announcement of price hikes on Friday. This marks the first major rate

How to bring a change in this dripping ed-tech industry? 1. Lower the costs of the courses 2. Focus on organic growth rather than hiring expensive sales executives and pressuring them to achieve targets 3. Spending less on ads 4. Starting with a cl

The Rise of Electric Vehicles in India India's EV market is witnessing rapid growth, driven by government incentives, rising consumer awareness, and technological advancements. The country's vast population and growing middle class present a signif

A day after the spectrum auctions, Akash Ambani-led Reliance Jio has taken the lead in hiking mobile service tariffs. The company announced tariff hikes ranging from 12.5% to 25% across most of its plans, effective from July 3, 2024. Jio’s lowest

Your child may not get the quality education you think, and it's not their fault ... Education costs are skyrocketing, and it’s becoming a growing concern for parents. Recently, an influencer highlighted that the annual fees for Grade 1 in a good s

Idea 1: Vertical Farming Description:Vertical farming is a method of growing plants in vertically stacked layers, often in an indoor environment. This method uses hydroponics, aeroponics, or aquaponics to cultivate crops. Why it's futuristic: Verti