Business
Ready to risk their lives for 15 seconds of YouTube fame
Gone are the days when people needed pure talent and special skills to become famous. Todays generation wants instant fame and to achieve this they are ready to go to any extent by using various social medical platforms.
Such is the craze of getting noticed on social media that the youth are willing to even risk their lives not to talk about being booked by law enforcing agencies, landing behind bars or drawing the ire of the society. Experts say the sheer reach of social media is prompting youth to do something unusual, crazy or even dangerous to get instant prominence.
They pointed out that in the past, individuals used to gain fame for pure and raw talent or by developing skills in fields like music, dance, acting, art and literature but today social media has created pathways for those who do not possess any unique talent to get fame.
By making videos of a few seconds and uploading it on platforms like Facebook, YouTube and Instagram, the youth want to rise to fame quicker than making instant coffee. Many believe that various social media tools offer them an opportunity to become overnight celebrities globally.
While YouTubers and some others who have their presence on various social media platforms for the last few years continue to explore newer ways to increase their subscribers or get more likes, there are others who look to grab the fame with just one video of their daredevilry or even any unusual act.
The Telugu states of Telangana and Andhra Pradesh have recently witnessed several instances in which the youth resorted to something dramatic for instant fame.
The craze to shoot a video of him walking close to a high-speed train nearly cost the life of a 17-year-old youth in Telangana’s Hanamkonda district last month.
The 12th class student sustained grievous injuries when he was hit by the train while posing for a video. In the video, which went viral on social media but not in the way the youth wanted, he is seen perilously walking along the railway track near Kazipet railway station, heedless of the lurking danger from behind.
With his hands in pockets, the youth who was obsessed with shooting for a video, is seen walking along the track with a train approaching from behind. Within seconds the train hit him and he was thrown aside. His friend who was recording the video on a mobile phone is heard warning the youth before he was knocked down.
Chintakula Akshay Raju wanted to shoot a video with high-speed train in the background to upload the same on Instagram. This obsession, however, cost him nearly his life. He sustained injuries to his leg and hand.
In July, a video of a girl dancing inside the Hyderabad metro train went viral on social media.
Grooving to the Tamil song �Ra Ra’, the young girl filmed dance reels for Instagram.
As photography and videography is not permitted on the train or on the platform, Hyderabad Metro officials said they would take action against her for violating the rules.
The girl’s act drew mixed responses on social media. While some praised her for her guts, others called her act a nuisance and demanded action.
“Height of shamelessness… These girls behave publicly like this then what society we are living in. Stop this nonsense in public places, metro take action,” wrote a user.
In neighbouring Andhra Pradesh, five youths were arrested in July when they entered a wild boar enclosure in Visakhapatnam. Aged between 19 to 21 years, they entered the enclosure and began teasing animals to create an Instagram video. They wanted to increase their follower count.
The five accused jumped over the guard rail to enter the enclosure at the Indira Gandhi Zoological Park. The video of the incident went viral on social media. The youth teased and chased the wild boar for a few minutes.
One boar charged straight at the men and knocked one of them down. He was then seen scaling the enclosure wall to get out
The youth were arrested under the Wildlife Protection Act 1972.
Business
India Set To Lead The World In 6G, Says Telecom Minister Jyotiraditya Scindia
In a bold declaration at the inaugural address of the Indian Mobile Congress 2024 (IMC) on Tuesday, Union Telecom Minister Jyotiraditya M. Scindia has said that India will lead the world in the adoption of 6G.
In his address at the event, Scindia emphasized that India is now prepared to lead the world in the development of 6G technology.
India’s Technological Rise: From Following to Leading
“It is our belief and commitment that India, which followed the world in 4G and marched with it in 5G, will lead the world in 6G,” Scindia stated.
The minister highlighted India’s remarkable achievements in the telecommunications sector over the last ten years, the country has become a global leader in innovation and technology.
“It’s a fundamental change in approach towards technology development,” he said, attributing this transformation to Prime Minister Narendra Modi’s leadership.
Telecom Sector Growth Under PM Modi’s Leadership
“Prime Minister who has always put people at the heart of progress Sabka Sath, Sabka Vikas Sabka Vishvas aur Sabka Prayas combined with his second motto, One Earth, One Family and One Future. It is combination of these two mottos that leads India under PM Narendra Modi leadership one of the leading sectors in the committee of Nations,” Scindia said.
Scindia underscored government’s initiatives to bridge the digital divide, particularly through the BharatNet program, the world’s largest rural broadband connectivity initiative to connect every panchayat of the nation. Over the past three years, the government has invested more than USD 10 billion and laid 7 lakh kilometres of fiber across rural India.
Digital Payments and UPI: Pillars of India’s Digital Economy
He cited staggering growth in mobile and broadband connectivity, with mobile connections rising from 94 million to 1.16 billion, and broadband users growing from 60 million to 924 million in just a decade. India’s optical fibre cable (OFC) networks has expanded from 11 million kilometers to 41 million kilometres over the last ten years, he added.
The minister further said that this growth is accompanied by the success of India’s digital payment systems, the 4G stack, and the Unified Payments Interface (UPI), which serve as pillars of India’s digital economy are expected to contribute significantly to the global digital infrastructure.
Scindia further noted that the government’s efforts to ensure that policy frameworks keep pace with the rapidly evolving digital landscape. “The recent changes to the Telecommunications act 2023 is a case in point. It has been drawing light upon hither to undressed areas such as a high potential sector of satellite communications, addressing the challenges of the digital leader. The most important being cyber security. The telecom sector much like other growth critical sectors in India is aggressive, is ambitioushe said.
“The telecom sector much like other growth critical sectors in India is aggressive, is ambitious and its outlook in our Journey from Amritkal to Shatabdikal is to lead the world,” Scindia said. By mid-next year, India will have achieved 100 per cent saturation of 4G across the entire country, covering even the most remote villages, the minister said.
He emphasised PM Modi’s vision of India as a first mover in 6G technology, underscoring the nation’s resolve to lead the world in future telecom innovations.
“The attitude put forward by the prime minister of not just embracing, but raising ourselves to becoming the first mover in the 6G technology,” he added.
Business
Indian Markets Gave Better Returns Than China In Last 5 Years, Says Sebi Member
Sebi Whole-time Member Ananth Narayan G on Monday reminded investors that Indian equities have consistently delivered 15 per cent returns over the last 5 years whereas the same has been zero or even negative in China.
Terming the Indian markets “sone pe suhaga” for delivering higher returns for lower risks, Narayan also flagged a few areas of caution for investors and asked them to be conscious of the risks.
“There’s a lot of talk about China markets over the last few days. But over the last five years, while Indian markets have given around 15 per cent compound annual growth rate consistently, Chinese markets are nowhere close to that. It’s almost zero. In fact, in some cases, like in Hong Kong, it’s actually negative,” Narayan said.
Speaking at an event marking the start of the Investor Awareness Week at NSE, Narayan said FY24 was a “remarkable” year for India, with the benchmark indices returning 28 per cent and the volatility just 10 per cent.
“That’s like ‘sone pe suhaga’. It’s like the best of all worlds: low risk and very high return,” Narayan said, underlining that there are side effects of this as well.
Making it clear that it will not be the same going forward and investors should not assume it to be a one-way street, Narayan said such handsome returns can lead to complacency and pointed to a lot of youngsters opening up demat accounts to join the bandwagon.
Educating people about risks is very important, Narayan said, giving the analogy of driving a car. “There has to be a light push on the accelerator to get more investors to provide risk capital for the economic growth, we also need to be aware of risks and use the brakes if need be.” He said that 40 per cent of the small and midcap scrips have shot up by 5 times in the last five years, because of an imbalance between inflow of investor money and supply of new paper.
On its part, the capital markets regulator is trying hard to ensure that fund-raising clearances are done early so that there is a steady stream of quality paper supply in the market.
From a broader, longer-term perspective, Indian markets will only go north from here given the economic growth prospects in the country, Narayan said, issuing specific advice to investors.
Investors need to have the right intermediaries to capitalise on this opportunity presented by India, and not fall for the unregistered and fly-by-night ‘finfluencers’ who might be driven by vested interests, he said.
Using the oft-repeated idiom of “all roads lead to Rome”, Narayan remarked that Rome is not a traveller-friendly place and one may get scammed there as well. Therefore, it is important to seek advice from the right people for the investors, he said.
He also said that it is in investors’ interests to trade less and stay invested for longer for higher returns, and added that studies prove the same.
Sebi, which has flagged certain areas like derivatives recently, is not against speculation or participants taking short-term trades, but it would want investors to understand the risks, Narayan said.
Business
Ratan Tata Rubbishes Rumors Of ‘Critical Health’; Says No Cause For Concern
Tata Group’s Ratan Tata has denied rumours of his critical health that have been reported and have surfaced in the recent hours.
Ratan Tata’s associates took to his official Instagram account to debunk the news of him being ‘Critical’.
In the post, Ratan Tata said, “I am aware of recent rumors circulating regarding my health and want to assure everyone that these claims are unfounded. I am currently undergoing medical check-ups due to my age and related medical conditions.
There is no cause for concern. I remain in good spirits and request that the public and media respect refrain from spreading misinformation.
For more than fifty years, Ratan Tata has led the Indian business community’s entrance hall. The 86-year-old has been suffering from illnesses associated with ageing. Tata has participated in social life to the best of his limited ability despite his health issues.
Recently, on the occasion of Gandhi Jayanti, on October 2, Ratan Tata, expressed his congratulations to the Prime Minister on this occasion. “I congratulate the honourable Prime Minister on the 10-year commemoration of programmes that have benefitted millions in rural India.”
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