🍵 Avg salary increments to soon touch pre-pandemic levels; Crypto regulations..and more

Grab 🍵 and read on! [NextBigWhat]( NextBigWhat [@nextbigwhat]( Grab 🍵 and read on! [What can disrupt online brokers in India? Or exchanges? Well…an outsider]( [What can disrupt online brokers in India? Or exchanges? Well…an outsider]( Zerodha’s founder, Nithin: I get asked often, who out there do you think can disrupt the new-age online brokers or even exchanges? Me: I don’t think it will be another stock brokerage firm or a new stock exchange. It will most likely be an outsider, maybe Crypto. Here is why. [nextbigwhat.com]( [GoodNews: Average salary increments to touch pre-pandemic levels in 2022: Survey]( - The average salary hikes in 2022 are likely to touch pre-Covid levels, according to a survey conducted by global professional services provider Aon Plc. In its 26th annual salary increase survey, Aon said average hikes could be in the range of 9.4 per cent. - Employees working in three sectors ( are projected to get the highest average salary hikes in 2022: technology (11.2 per cent), e-commerce (10.6 per cent) and IT-enabled services (9.6 per cent). [nextbigwhat.com]( [ITR Filing Deadline Extended to December 31, 2021]( - The government has once again extended the deadline to file income tax return for FY 2020-21 by three months to December 31, 2021 from September 30, 2021. - Earlier, due to the second wave of the Covid-19, the ITR filing deadline was extended by two months from usual deadline of July 31 to September 30, 2021. [nextbigwhat.com]( [How Pinterest makes its 80 million beauty-related searches less racist #AI]( - Last month, the social media company launched a new search that uses AI and machine learning to show Pinners more relevant results when looking for hair inspiration. - Back in 2018, Pinterest launched a tool that lets users narrow down their search by skin tone ranges: Whether they’re shopping for a new foundation or pulling up inspiration for eyeshadow, Pinners are presented with a more personalized feed that reflects how they look. [nextbigwhat.com]( [Govt able of walking the tightrope of crypto regulation, says official]( - The Indian government is able to walk the tight rope of balancing stability and growth when it comes to crypto instruments, a top official was quoted as saying at an industry organised cryptocurrency conference on Thursday. - Member of Parliament and Chairman of the Standing Committee on Finance Jayant Sinha said that cryptocurrency has clearly become an important asset class in India and has attracted great interest, but that is important to take a step back and reflect on how India should participate in crypto finance. [nextbigwhat.com]( [Jio-bp partners with BluSmart to set up EV charging infrastructure in India]( - Jio-bp, the fuels and mobility joint venture between Reliance Industries Limited and bp, announced a partnership with BluSmart, India’s first and largest all-electric, ride-hailing platform to set up a network of commercial large scale EV charging stations. - As part of the partnership, Jio-bp will set up these stations for passenger electric vehicles and fleets across the country. [nextbigwhat.com]( [TCS inks 10-year deal with Transport for London]( - IT services major Tata Consultancy Services on Thursday said it has been selected by Transport for London to design, implement and operate a new smart mobility system. - Over the course of the 10-year contract, which has the opportunity for a five-year extension, TCS will digitally transform taxi and private hire licensing and administration, as well as implement continuous improvements and innovation, a statement said. [nextbigwhat.com]( [Microsoft confirms investment in India’s Oyo in a multi-year strategic deal to co-develop travel and hospitality products]( - TechCrunch had reported that Microsoft was in talks to invest in Oyo and was exploring ways to provide its technologies to the Indian startup, which is one of the most valuable in the South Asian market. - In a press statement, Microsoft confirmed that it has also made a strategic equity investment in Oyo, but didn’t disclose the amount. [nextbigwhat.com]( [11 EV charging stations to be set up in Shillong]( - Meghalaya: 11 EV charging stations to be set up in Shillong. - A total of 11 electric vehicle charging stations would be set up in Shillong, NITI Aayog vice-chairman Rajiv Kumar said on Thursday. [nextbigwhat.com]( [Hackers leak passwords for 500,000 Fortinet VPN accounts]( - A threat actor has leaked a list of almost 500,000 Fortinet VPN login names and passwords that were allegedly scraped from exploitable devices last summer. - Yesterday, the threat actor created a post on the RAMP forum with a link to a file that allegedly contains thousands of Fortinet VPN accounts. [nextbigwhat.com]( [Google introduces Startups Lab program for small news organizations in India]( - Tech giant Google introduced a Startups Lab program, which is part of the company’s Google News Initiative. [nextbigwhat.com]( [IIT Madras, IISc are the top higher education institutions in India]( - IIT Madras, IISc are the top higher education institutions in India: Govt. - The rankings were announced by education minister Dharmendra Pradhan as part of the National Institutional Ranking Framework, an initiative of the government to rank top Indian institutions. [nextbigwhat.com]( [Digital currencies pave way for deeply negative interest rates]( - This matters for investors, because if rates can be taken deeply negative it would shift the long-term outlook for interest rates and inflation. - The aim of deeply negative rates would be to stimulate the economy, creating a quicker recovery and allowing the central bank to raise rates again more quickly than if it was stuck at the lower bound for years, as the Fed was from 2008 to 2015. [nextbigwhat.com]( [#cardTokenisation: You don't have to memorize 16-digit card numbers. New RBI rules here]( - The Reserve Bank of India has enhanced the guidelines on card tokenisation services in order to ensure that the consumers are least susceptible to frauds and their card transactions remain secure. - When you use your card, debit or credit, for a transaction, the execution of the transaction is based on information like the 16-digit card number, the card expiry date, the CVV as well as the one-time password or transaction PIN. In fact, a transaction is successful only if all of these variables are entered correctly for a specific transaction. [nextbigwhat.com]( [BoAt plans IPO, looks at a valuation of nearly $1.4 bn]( - Consumer electronics brand BoAt is exploring a public listing to raise funds and offer exits to some of its investors, three people familiar with the matter said. - BoAt, one of the top sellers of ear wear and wearable categories in India, is looking at a valuation of about $1.4 billion for the initial public offering expected between March and June next year, one of the three people said, requesting anonymity. [nextbigwhat.com]( [Google to replenish 20% more water than it uses by 2030]( - Alphabet Inc’s Google aims to replenish 20% more water than its offices and data centers use by 2030, the company said on Thursday, addressing concerns about water-guzzling tech facilities amid record droughts. - Google plans to reach its new target by using less water at its buildings and then helping with conservation in surrounding communities, starting with those where water is especially scarce. [nextbigwhat.com]( [India leads in downloads of social media apps in H1 2021]( - India led the world in the number of downloads of social media apps in the first half of 2021, according to a new report by App Annie, a global provider of mobile data and analytics. - Globally, Asia was the largest region for downloads of social media apps during this period, accounting for 60% of the market. [nextbigwhat.com]( [Big Tech Has Made Billions Off the 20-Year War on Terror]( - Silicon Valley owes its existence to efforts stretching back to World War II and the Cold War to leverage military spending, state intervention, and protection from competition in the form of early grants, contracts, and government-backed monopolies. - According to the report, as Big Tech has increased its contracts with the federal government, it has also managed to edge out traditional military contractors such as Raytheon and Northop Grumman which have seen their contracts stabilize or decline in number since 2010. 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