blog - NewNerve

12Jun

By Ankit3 Comments

Blog, Real Estate

Owning a Home: A Costly Dream in India?

The dream of owning a home is a cherished aspiration across the globe, but in India, it's increasingly becoming a costly reality. While the allure of owning a property remains strong, rising costs are making this dream a distant prospect for many. Rising Costs: A Multi-faceted Challenge Several factors contribute to the escalating cost of homeownership in India: Construction Costs: Inflation, labor shortages, and rising material prices are pushing up construction costs. A recent report by the National Real Estate Development Council (NAREDCO) found that construction costs have increased by 10-15% in the past year. [Source: NAREDCO Report, 2023] Land Prices: Urbanization and increasing demand for housing in major cities are driving up land prices. A study by Knight Frank found tha...

Fintech Categories in India: A Comprehensive Overview with Examples

4May

By Ankit3 Comments

BFSI, Blog, Fintech

Fintech Categories in India: A Comprehensive Overview with Examples

The Indian Fintech landscape is a vibrant ecosystem brimming with innovation and diversity. To understand this dynamic sector better, let's explore the different Fintech Categories operating in India, along with relevant examples: 1. Payments: This category encompasses companies facilitating digital transactions, including mobile wallets, UPI apps, and payment gateways. Examples: Paytm, PhonePe, Google Pay, Razorpay, PayU 2. Lending: Fintechs in this space offer various loan products, including personal loans, business loans, and microloans, often leveraging technology for faster approvals and streamlined processes. Examples: Lendingkart, ZestMoney, EarlySalary, KreditBee, Capital Float 3. Wealth Management: These Fintechs provide investment platf...

28Apr

By Ankit2 Comments

AI, Blog, IndiaAI, Technology

What is Artificial Intelligence (AI)?

Artificial Intelligence (AI), in its broadest sense, refers to intelligence exhibited by machines, particularly computer systems. It is a field of research in computer science that develops and studies methods and software enabling machines to: Perceive their environment. Learn from data and experiences. Take actions that maximize their chances of achieving defined goals. AI technology is widely used across various domains, including: Advanced web search engines (e.g., Google Search). Recommendation systems (used by YouTube, Amazon, and Netflix). Human speech interaction (e.g., Google Assistant, Siri, and Alexa). Autonomous vehicles (e.g., Waymo). Generative and creative tools (e.g., ChatGPT and AI art). Superhuman play and analysis in strategy games (e.g....

Understanding the 1st Law of Power: Never Outshine the Master

11Apr

By AnkitNo Comments

Blog

Understanding the 1st Law of Power: Never Outshine the Master

In the intricate dance of power dynamics and human interactions, understanding the laws that govern our social landscape is crucial. Power, in all its forms, has been a subject of fascination for centuries. From ancient empires to modern-day corporate structures, the dynamics of power and its acquisition have shaped the course of history. In this blog, we will delve into the First Law of Power, as outlined by renowned author Robert Greene in his book "The 48 Laws of Power." We will explore historical examples that illustrate this law and draw parallels with the contemporary corporate world, shedding light on the timeless nature of power dynamics. The First Law: Never Outshine the Master The First Law of Power, as stated by Robert Greene, emphasizes the importance of never outshining th...

Top 10 Payment Companies in India: A Comprehensive Review

7Apr

By Ankit3 Comments

Blog, Fintech, Payments, Review

Top 10 Payment Companies in India: A Comprehensive Review

In recent years, the Indian digital payment landscape has witnessed tremendous growth, driven by a surge in smartphone usage and the government's push towards a cashless economy. With numerous payment companies vying for dominance, it can be challenging to determine which ones offer the best features, seamless payments, and exceptional user experiences. In this blog, we will review the top 10 payment companies in India and analyze their key attributes. Paytm: Paytm is one of India's leading payment companies, offering a wide range of services, including mobile recharges, bill payments, and peer-to-peer transfers. With a user-friendly interface and robust security measures, Paytm has gained immense popularity. Its extensive merchant network and cashback offers further enha...

1Apr

By Ankit2 Comments

Fintech, Global BFSI, Insurtech, Lending, Payments, Regtech, Wealthtech

Global Fintech Newsletter, March 2024, by NewNerve

Here’s a summary of some notable Fintech news from March 2024: Visa and Mastercard Settlement: US merchants reached a landmark settlement with Visa and Mastercard to lower swipe fees. The credit interchange rates will be capped for the next five years, resulting in an estimated $29.79 billion in savings for US merchants. Robinhood’s Leadership Change: Baiju Bhatt, co-founder and chief creative officer of Robinhood, stepped down after ten years at the company to “pursue other entrepreneurial interests.” Vlad Tenev, CEO and fellow co-founder, praised Bhatt’s pivotal role in opening access to markets for millions of new investors. Co-operative Bank Job Cuts: The UK’s Co-operative Bank is set to cut around 400 jobs (12% of its workforce) as part of a cost reduction progra...