UniBlurb #3

India's Booming Business, NVIDIA earnings, Sovereign Gold Bonds, Internships, Competitions and more.

Good morning! and welcome to the third edition of UniBlurb - Your Weekly Dose of Management. Today, we will be going over:

#Business is Booming
#NVIDIA’s future
#Investing in Digital Gold
#Internships, Competitions & Events

MONDAY MOTIVATION

Do not follow where the path may lead.
Go instead where there is no path and leave a trail.

Muriel Strode

OUR TWO CENTS
India’s Business Boom: A Rising Star or a Falling Comet?

India is a country of contrasts, where ancient traditions coexist with modern innovations. But how is this dynamic nation faring in the global business arena? A recent survey reveals some surprising facts about India’s economic performance and prospects.

According to the HSBC flash India Composite PMI, India’s business activity grew at a 7-month high in February, driven by strong demand for both manufacturing and services. This indicates that India is recovering from the pandemic-induced slowdown and is poised to become a major player in the world market.

Yet, amidst the vibrant hues of spices and Bollywood, there are shades of challenges, such as infrastructure bottlenecks, environmental issues, and social inequalities. How will India balance its growth aspirations with its social and environmental responsibilities? Will India be able to harness its potential and become a global leader in the 21st century?

OUR TWO CENTS
NVIDIA’s Leap Towards a Brighter Future?

NVIDIA is on a mission to revolutionize the world of AI with its new products and services. But is it too good to be true? In this blog, we explore the latest announcements from the tech giant and what they mean for the future of artificial intelligence.

From supercomputers in the cloud to generative AI tools, NVIDIA claims to have something for everyone. Whether you want to train deep learning models, create custom AI applications, or just have some fun with ChatGPT, NVIDIA says it can help you do it faster and easier than ever before.

But not everything is rosy in the NVIDIA garden. There are also potential risks and challenges that come with adopting such powerful and disruptive technologies. How will they affect the human workforce, the regulatory landscape, and the ethical implications of AI? And can NVIDIA really deliver on its promises, or is it just hyping up its products to stay ahead of the competition?

Read on to find out more about the pros and cons of NVIDIA's AI offerings and join us in the discussion. What do you think of NVIDIA's vision for the future of AI? Is it a dream come true, or a nightmare waiting to happen?

OUR TWO CENTS
Shimmering Opportunities: Sovereign Gold Bonds

Are you looking for a hassle-free way to invest in gold? Check out this blog about Sovereign Gold Bonds (SGBs), a scheme by the GOI and the RBI. SGBs let you own gold in 'certificate' format, earning interest and tax benefits. But they also have drawbacks, such as limited liquidity, market risks, and eligibility criteria. Plus, you don't get to see or touch your gold. How boring is that?

Here are some facts about SGBs:

  • Interest rate: 2.5% per annum, paid semi-annually.

  • Taxation: Interest income taxable, capital gains exempted at maturity.

  • Returns: Linked to market price of gold at redemption or maturity.

  • Maturity: 8 years, lock-in of 5 years.

  • Trading: On stock exchanges within a fortnight of issuance.

  • Next series: March 1 to March 5, 2024.

  • Application: Through banks, post offices, stock exchanges or online platforms.

SGBs might be just what you need to diversify your portfolio and hedge against inflation. Or maybe you prefer physical gold. What do you think? Share your thoughts below. And don't forget to subscribe to our newsletter for more golden tips.

INDUSTRY CONNECT
Internship opportunities

  1. Knowmerit (Sales & Marketing)

    This is a remote internship role for Sales and Marketing. The Sales and Marketing Intern will be responsible for day-to-day tasks such as communicating with customers, providing customer service, and sales. The intern will also receive training in sales management.
    Apply Here!

  2. Pita Pit (Entrepreneurship Intern)

    This is a full-time on-site role for an Entrepreneurship Intern located in Gurugram. The Entrepreneurship Intern will be responsible for; Business Development activities, Marketing Strategies, Brand Development & Coordination across departments.
    Apply Here!

  3. EQ140 (HR & Market Research Intern)

    As a Research Intern, you will have the unique opportunity to work across various domains within the landscape, including market analysis, consulting, recruitment, operations, and coordination. This hands-on internship will allow you to develop and refine your skills, while gaining exposure to real-world RPO functions.
    Apply Here!

EVENTS ON THE RISE
Best events and competitions in the upcoming week

  1. Unstop Talent Park

    Unstop Talent Park isn't just an ordinary competition, but an opportunity that will help you apply your knowledge to real challenges! And it’s not just about winning; it's about opening doors to internships that could set the stage for an amazing career.
    Register Here!

  2. CBS Finance Challenge (SSCBS College)

    Crafting a winning portfolio is no small feat. It demands a wealth of knowledge, extensive research, and seasoned expertise, coupled with the art of persuasion to entice investors to buy into your vision. If you thrive on the exhilarating highs and lows of the financial realm and want to flaunt your investing finesse, then look no further than the CBS Finance Challenge!
    Register Here!

  3. Case 180: Management Consulting Edition (SRCC College)

    Management Consulting Edition provides participants the opportunity to engage in a dynamic showcase of strategic prowess and problem-solving skills. It will challenge participants to navigate complex business scenarios, demonstrate their ability to analyse and strategize, and apply management theories known to them to propose innovative solutions. 
    Register Here!

Reply

or to participate.