But scores of people with worthless degrees — who’ve graduated from lesser-known private institutes — lack the basic skills required to secure a job, per Bloomberg. “My sense is that the abundance of unemployable engineers is impacting the bottom rung,” said Nitin Sharma, a venture capitalist based in Bengaluru. “This correction is good.” For qualified developers looking to stay in the field, a new wave of Indian start-ups may offer most useless degree in india opportunities. And as industries like health care and manufacturing become software driven, the demand for talent is likely to increase. But with thousands of engineers still unable to find jobs, the big question is where they will fit in the new economy.

In 2019, the Supreme Court barred the Bhopal-based RKDF Medical College Hospital and Research Centre from admitting new students for two years for allegedly using fake patients to meet medical college requirements. The college initially argued in court that the patients were genuine, but later submitted an apology after an investigative panel found that the purported patients weren’t really sick. It has the world’s largest population by some estimates, and the government regularly highlights the benefits of having more young people than any other country. Yet half of all graduates in India are unemployable in the future due to problems in the education system, according to a study by talent assessment firm Wheebox.

This is likely because these are wide fields and those who are satisfied with their jobs would be earning around 1.6 times to 3 times more than the job seekers who are regretting their degrees. The medical school is part of RKDF Group, a well known name in central India, which has wide network of colleges in areas from engineering to medicine and management. In May last year, police in Hyderabad arrested the vice chancellor of RKDF Group’s Sarvepalli Radhakrishnan University as well as his predecessor for alleged involvement in giving out fake degrees. Still, students could be seen flooding into several of RKDF’s institutions in Bhopal. One branch had posters of their “Shining Stars” – students who were placed in jobs after graduating.

While top programmers still enjoy superstar status, India is now a leading producer of unemployable engineers. The thing that doesn’t let me sleep is that I don’t have a degree. I’ve dated a vet, an engineer and currently dating a girl in her 4th year of mbbs and I feel embarrassed in front of them. Most of all, I think about what’s going to happen if this girls parents (the one I’m currently dating) make a fuss about my educational qualifications. I’m planning on getting an online degree through amity or manipal if that would help, but I always feel like I could have done better when I was younger.

But the thing that keeps me awake at night is not my professional achievements, I have that sorted out, I make 35k a month which is enough to help my parents and if I choose to go abroad I’ll make around 2 lakhs min. Representatives of Manav Bharti University did not immediately respond to Insider’s request for comment. Bloomberg’s report on India’s failing education system comes as India is set to overtake China as the world’s most populous country. The country’s unemployment rate stands at 7.45% as of February, per the Indian news outlet, The Economic Times.

The report on CNBC sorted the information to find out that-Good prospects, higher pay means less regret- was the common belief. “There is a gap between what the industries are looking at and the course curriculum they have gone through.” Elsewhere in Bhopal, was another college operating out of a small residential building. One of the students who studied there said it was easy to secure admission and get a degree without attending class. Most of the answers were from American point of view so I decided to ask here.

• But the business wasn’t going very well so my biss couldn’t pay me for a few months, joined a pharma company to make up for the financial requirements.
• I used to top my class in 11th and the guy that used to finish 2nd is now in US working for an MNC and the girl that finished 3rd is now an HR manager for a popular 5 star resort.
• India’s top institutes of technology and management have churned out global business chiefs like Alphabet Inc.’s Sundar Pichai and Microsoft Corp.’s Satya Nadella.
• While some colleges provide inadequate training, a private university in North India went one step further, and sold fake degrees.
• Promises like this are hard to resist for millions of young men and women dreaming of a better life in India’s dismal employment landscape.

The survey report also revealed that the top-paying college majors earn $3.4 million more than the lowest-paying majors over a lifetime. Computer science majors, with an average annual starting salary of almost $100,000, were the happiest overall, according to ZipRecruiter. Even though fields like communications and marketing management are growing sectors, both of these come under the top 10 regretted college degrees.

It’s also begun the process of allowing leading foreign universities to set up campuses and award degrees in the country. One of the companies in the Manipal Education & Medical Group that Mr Pai is on the board of “trains a lot of people for banking. They are not job ready, they need to be trained.” One study by the human resource firm SHL found that only 3.8% of engineers have the skills needed to be employed in software-related jobs at start-ups.

Worthless Degrees Are Creating an Unemployable Generation in India

The government must invest in strengthening the quality of education in India, both at the primary and secondary levels. It should also introduce measures to ensure that colleges and universities focus on providing quality instruction and resources. The education system in India is facing a number of challenges, not least of which is the lack of quality instruction and resources. Despite increased investment in education, many schools and universities are failing to deliver the skills needed to compete in a global economy. In this list it was understood that students who opted for a specialisation in science, technology, engineering and math — collectively known as STEM disciplines — are projected to earn the most overall. One of Bhopal’s educational institutions came under a particularly sharp spotlight in recent years because it was involved in a case that went all the way up to the Supreme Court.

Corporatist media are very hostile to education.

Every year, the government sets a quota for each Indian state that determines how many seats can be allocated for a field of study. For the 2017 school year, the government approved over 1.6 million seats for engineers across the country — but only half were actually filled. Enrollment figures have been dropping, and with fewer students attending subpar colleges, many are shutting down, including more than 500 in the past four years.

Driving Change: What Tomorrow’s Automotive Industry Needs from Today’s Engineers

• I’m planning on getting an online degree through amity or manipal if that would help, but I always feel like I could have done better when I was younger.
• But scores of people with worthless degrees — who’ve graduated from lesser-known private institutes — lack the basic skills required to secure a job, per Bloomberg.
• Anil Swarup, a former secretary for school education estimated in a 2018 article that of 16,000 colleges handing out bachelor’s qualifications for teachers, a large number existed only in name.
• But with thousands of engineers still unable to find jobs, the big question is where they will fit in the new economy.

An experienced graduate degree holder earns 9% more than a college graduate, and the unemployment rate is 22% lower. An experienced graduate degree holder earns 14% more than a college graduate, and the unemployment rate is 18% lower. An experienced graduate degree holder earns 13% more than a college graduate, and the unemployment rate is 21% lower.

Some of the ivy league schools have skill gaps for

Got hired as a graphic designer and since the pandemic struck already, majority of the work was done from home. Pankaj Tiwari, 28, says he paid Rs 1,00,000 for a master’s degree in digital communication because he wanted a job and higher status in society. That was a big outlay for his family, which has an annual income of Rs 4,00,000. Though his college had promised campus placements, no company turned up and he’s still unemployed four years later. So dear Indians, which degree (undergraduate or postgraduate) do you think is the most useless? Useless here means low returns after completing graduation, scarcity of jobs for the given degree etc.

The government must take steps to ensure that employers are aware of the skills gap, so that they can better understand the qualifications of potential employees. If India is to make the most of its current economic growth, it must ensure that its citizens are equipped with the necessary skills to compete in a global economy. Employees armed with a graduate education are often a more attractive hire and can make a higher salary than colleagues who have only a bachelor’s degree. Earning a degree is almost always worthwhile, according to “The College Payoff,” a report from the Georgetown University Center on Education and the Workforce.

Using the recent “Hard Times” report from the Georgetown Center on Education and the Workforce, we examined salary and unemployment data of experienced college graduates and experienced holders of graduate degrees. A recent survey has found that students who studied journalism as their college majors regretted their decision the most and would jump at the opportunity to go back and take up a different degree. The Modi administration is also trying to address the shortcomings in the education sector in its 2020 new education policy, committing to improve the quality of its institutions.

While it is common knowledge that only a undergraduate degree would not suffice if higher pay is the aim, the survey found that they earn 84% more than those with just a high school diploma. India has regulatory bodies and professional councils to regulate its educational institutions. While the government has announced plans to have a single agency that will replace all existing regulators, that’s still at the planning stage. The education department didn’t respond to a request for comment. “When millions of young people are rendered unemployable every year, the entire society becomes unstable.”

Promises like this are hard to resist for millions of young men and women dreaming of a better life in India’s dismal employment landscape. Higher degrees, once accessible only to the wealthy, have a special cachet in India for young people from middle and low-income families. Many businesses say they struggle to hire because of the mixed quality of education. That’s kept unemployment stubbornly high at more than 7% even though India is the world’s fastest growing major economy. Education is also becoming an outsized problem for Prime Minister Narendra Modi as he attempts to draw foreign manufacturers and investors from China. PM Modi had vowed to create millions of jobs in his campaign speeches, and the issue is likely to be hotly debated in the run up to national elections in 2024.

Colleges & Courses

One Bhopal resident, 25-year-old Tanmay Mandal, paid $4,000 for his bachelor’s degree in civil engineering. He was convinced the degree was a pathway to a good job and a better lifestyle. He wasn’t deterred by the fees that were high for his family, which has a monthly income of only $420. Despite the cost, Mr Mandal says he ended up learning almost nothing about construction from teachers who appeared to have insufficient training themselves. He couldn’t answer technical questions at job interviews, and has been unemployed for the last three years.

Position traders will hold forex positions for several weeks, months, or even years. The aim of this strategy is that the currency pair’s value would appreciate over a long-term period. Day trading is a form of trading where individuals buy and sell securities within the same trading day, aiming to capitalize on short-term market movements. It differs significantly from other investment strategies like swing trading or long-term investing, which typically involve holding positions for a more extended period. While there is no fixed income in Forex day trading, experienced traders aim for consistent profits rather than unrealistic overnight riches.

Trading Leverage

Learn more information about major, minor and exotic forex currency pairs. Effectively, you’re buying yourself some time in order to see where the market is going, giving yourself the opportunity to improve your position. This is particularly useful is you suspect the market to experience some short-term volatility. Therefore, hedging forex​ is useful for longer-term traders who predict a forex currency pair will act unfavourably but then reverse shortly after.

1. Traders might simply look at whether the price is trading above or below a moving average (the 200 DMA is a popular and widely watched one) or use MA crossovers.
2. However, their trading day also tends to be focused on a specific session or time of the day, when they try to act on opportunities.
3. The trailing stop is set on the trader’s computer, so if the connection with the broker’s server is lost, it disappears and the trade remains unprotected.
4. This will see you target small but frequent profits – alongside smart and sensible risk management strategies.

With compound interest, the deposit can increase 2.5 times, up to 260 USD. Although this strategy normally means less time fixating on the market than when day trading, it does leave you at risk of any disruption overnight, or gapping. Remember, success in Forex day trading depends on discipline, a well-thought-out strategy, and the ability to adapt to changing market conditions. Whether you’re starting with a modest account or a substantial one, the key is to focus on consistent, sustainable profits over time.

What is a Lot Size, Formula and How to Calculate a Lot in Forex

Yes, anyone can trade forex if they have a live, funded trading account – but it’s important to lay the groundwork for a solid foundation. Trend trading isn’t exclusively used by day traders as positions can be kept open for as long as the trend continues. However, if you’re sticking to intra-day trading, you’d close it before the end of the day. Most day traders can have a reasonable level of success trading forex for a couple of hours each day. Of course, the more time you devote to it, the more potential profits you can make. Most traders shouldn’t expect to make that much; while it sounds simple, in reality, it’s more difficult.

Market conditions can vary from day to day, and there are days when achieving $1,000 in profit may be more challenging. Successful day traders focus on consistency over time rather than setting unrealistic daily profit targets. Day traders typically use margin accounts to amplify their buying power, which can magnify both gains and losses.

When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Finding the right forex broker before starting your trading journey is the first crucial decision you will have to make.

Risk/Reward

Most professional day traders work for large financial institutions, benefiting from sophisticated technology and significant resources. Individual day traders face steeper challenges, competing against these institutional players and high-frequency trading (HFT) algorithms that can execute trades in microseconds. Averaging down in forex markets often means a losing position is being held, potentially sacrificing money and time. A larger return is needed on the remaining capital to retrieve any lost capital from the initial losing trade.

In this comprehensive guide brought to you by Dukascopy, we’ll explore the ins and outs of Forex day trading and provide you with top strategies to get started on the right foot. From understanding the basics to navigating rules and regulations, we’ve got you covered. For example, compared to positional trading, you need to spend more time analyzing the chart. For higher profitability, you need assets with high volatility and liquidity.

1. You can place both long and short positions within a single trading day.
2. Not only can you trade 24/7 at industry-leading fees, but forex attracts trillions of dollars worth of volume each and every day.
3. If you want to trade for short periods, but aren’t comfortable with the fast-paced nature of scalping, day trading is an alternative forex trading strategy.
4. News trading can be very risky as the market tends to be extremely volatile during those times.
5. Traders know the news events that will move the market, yet the direction is not known in advance.
6. We all know that forex trading can be tricky to begin, but finding the right forex strategies to trade with is the key for beginner traders entering the forex market.

You might take investment positions that last weeks or months versus those that only last a day. While day trading can be profitable, it is risky, time-consuming, and can be stressful. The majority of nonprofessional traders who attempt to day trade are not successful over the long term. Success how to day trade forex can require dedication, discipline, and strict money management controls.

Forex scalping strategy

One of the critical aspects of day trading is the development and adherence to a defined strategy. Unlike the casual investor who might buy AAPL shares and benefit from a spontaneous intraday price rise, a day trader uses systematic methods to open and close trades within the same day. These strategies are based on technical analysis, market trends, and economic events that can influence asset prices. However, if you’re sticking to intra-day trading, you’d close it before the day is over.

Precious metals historically played a central role in the global economy because many currencies were backed by them, as in the case of the gold standard, which ended in 1971. For these reasons, it’s often assumed that gold will continue to hold value regardless of the fluctuations of fiat currencies and other financial instruments. In addition, keep in mind that not all that glitters is gold.

Ultimately, the decision between gold bullion bars and gold bullion coins depends on your investment goals, preferences, and risk appetite. So, gold bullion is a popular choice for investors who want to own physical gold. It comes in the form of bars and coins, offering a pure and direct way to invest in gold.

Gold “Kilobars” are usually the largest size encountered in the retail investment market. Some esoteric metals, such as rhodium bars, are considered bullion. Despite that, “bullion” is generally understood to mean generic forms of gold, silver, platinum, or palladium. Gold is often bought as an investment hedge as well, though not in physical form. Bullion is traded in the bullion market, which is primarily an OTC market open 24 hours a day.

PRECIOUS METAL CHARTS

When buying gold coins, it’s important to choose the right seller and understand all the costs. When deciding what gold product to buy, ask yourself why you have decided to buy gold. The price of gold bullion is closely connected to the spot price of gold. The internet is filled with excellent gold bullion dealers, and picking the best one is always a question of personal preference. With over 18,000 reviews from verified customers, Hero Bullion has established itself as a premier gold and silver dealer. That said, we always recommend that readers do 7 smart ways to invest $1000 their own research before choosing a new gold dealer.

However, on futures contracts, they have to execute the trade. When you’re thinking about investing in gold, it’s important to know the differences between gold bullion, bars, and remote mobile developer jobs coins. Each type of gold investment has its own benefits and things to consider.

What is the cheapest form of gold bullion?

Bullion is used to create a wide range of jewelry pieces, from simple rings and necklaces to elaborate bracelets and earrings. Platinum and palladium, with their lustrous appearance and durability, are also valued for high-end jewelry designs. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. While the United States government imposed limits on gold ownership during the mid-20th century, these restrictions were lifted in the 1970s.

You also may end up magnifying any losses you incur as future and options generally involve taking on leverage, or using borrowed money to buy securities. You can also buy physical gold from pawnshops or individuals. Of course, you’ll still want to make sure the source is trustworthy and that the gold is pure enough to be worth the value you’re paying. The U.S. Mint produces numismatic and precious metal coins for collectors. All proofs or uncirculated coins from the Mint should include a Certificate of Authenticity. The numismatic value refers to the external value above and beyond the face value of the precious metal.

The Investment Potential of Gold Bullion

In 1925, Britain briefly returned to the gold standard but the effects of the depression caused the United Kingdom to leave the standard altogether in 1931. As aforementioned, gold is generally considered a safe investment. Futures contracts are agreements to sell and deliver gold bullion to the buyer at a set date for a set price. Until this happens, the buyer only owns a paper gold contract. Thanks to this, investing in gold is a popular hedging technique. Essentially, investing in gold is often seen as a means of insurance against economic events that may affect the value of other investments.

1. That said, gold bullion that features special designs may cost more than regular bullion without anything extra on it.
2. You’ll also learn how you can buy gold, what your options are, and how to choose the right gold dealer to work with.
3. By considering your goals and doing thorough research, you can confidently navigate the golden opportunities that lie ahead.
4. Gold contracts on the COMEX futures market may call for 100 oz gold bars, kilobars, or 400 oz bars.
5. Measuring the gold content vs. other metal content should be of high interest to buyers to confirm its authenticity prior to purchasing or trading.

The spot rate changes throughout the day which affects market prices. The weight and purity of your gold are factors as is its form (whether it’s bars or coins). Gold bullion is a term used to describe gold products minted with a high purity for investment purposes. Gold bullion is different from numismatic gold, since numismatic gold is valued for its rarity, condition, or age. Gold coins and gold bars are two of the most popular types of gold bullion, and they both come with advantages – as well as drawbacks. Compared to gold bars, gold bullion coins are usually sold at higher premiums.

You make or lose money on its market price and the extent of its availability on the market. They can sell this before the expiry date or roll it forward into a new one. It’s worth noting that this trade is in contracts, not shares. Stocks in gold companies can usually maintain profitability even when the gold price is low.

Investing in gold bullion can be done by purchasing physical gold in the form of bars or coins from reputable dealers, banks, or precious metals firms. Gold bars are instantly recognizable and are typically the cheapest way to base currency financial definition of base currency invest in gold. Because gold bars don’t usually feature the ornate, complicated designs you’ll find on gold coins, they’re often sold at lower premiums over spot price than most gold bullion coins.

“On the other hand, the advantage of short selling is that you can profit even if the market declines,” he says. However, it comes with higher risks, including the potential for unlimited losses if the market moves against you. Short call option positions offer a similar strategy to short selling but without the need to borrow the stock.

Pros of short trades

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What do ‘buy’ and ‘sell’ mean in trading?

You’ll be forced to ride out downswings in a stock or commodity’s price – knowing that the long game will pay off. When you’re able to exit your short position, you cover the position by buying back the stock you had shorted. Here is the example, assume that xm group review you buy a stock of XYZ company with Euro. This is because for you to profit, the value of the XYZ company stock must rise against the Euro, or alternatively, the value of the Euro must fall against the stock of XYZ company. However, the suitability of long-term trading depends on your financial goals, risk tolerance, and time horizon.

However, if the price begins to fall, investors may suffer losses, particularly if borrowed funds are involved. It is the technique by which investors expect that the value of an asset will decrease for a short duration, perhaps in the next few weeks. In this process, the investor borrows the shares from the investment company to sell to another investor. Companies have many shares on hand or borrow from other companies to provide loans to an investor. The main intent is to sell the stock at a higher price and then buy it back at a lower price.

Cons of short trades

• As such, you can make swing trading a great source of secondary – or perhaps even primary – income.
• The best way is to use logic and a scientific approach based on your aims and personality.
• We have not established any official presence on Line messaging platform.
• All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.
• This is calculated by reference to the interest rates at which banks lend currencies to each other, at least in theory.

Let’s quickly talk about trading vs. investing before diving into long and short trades. We offer trading and investment options for a variety of financial instruments at Saxo Bank. Trading is one way to buy and sell financial instruments, but it’s what is the best elliott wave software not the only one.

While there is no upper limit to how long an asset can be held in long-term trading, for tax considerations, it has to be held for, at least, one year to be considered a long-term trade. Leverage increases both potential rewards and hazards for long and short positions. While it enables traders to control greater positions with less capital, it also raises the possibility of substantial losses if the market goes against them. When taking a short position, rising prices increase the risk because possible losses are theoretically limitless. If a margin deposit is inadequate to cover losses, a broker may charge the trader for losses greater than the margin deposit, including legal action.

A long position is profitable in a bullish market when the value of an asset is expected to rise over time. Short-selling in the markets of Unites States hit $1 Trillion in 2023. The market had already recorded a hefty $138 at the start of the year. However, some $110 billion were added to the tally due to the increase in prices of the stocks being short-sold. Trading long means that you have entered a trade hoping that the price will go up.

What are ‘going long’ and ‘going short’?

The long position call holder believes the asset’s value is rising and may decide to exercise their option to buy it by the expiration date. Investors can establish long positions in securities such as stocks, mutual funds, or currencies, or even in derivatives such as options and futures. A long position is the opposite of a short position (also known simply as “short”). A long position in traditional trading is when you buy an asset in the expectation its price will rise, so you can sell it later for a profit. When you place a trade, you are either ‘buying’ or ‘selling’ a financial instrument. Here we discuss how their relationship works, and how it influences the markets.

Short-term trading requires quick decision-making and can be emotionally taxing, especially after a run best forex indicator in the world of losing trades. Stress and discipline need to be managed to avoid impulsive actions. An option is a financial instrument giving the right, but not the obligation, to buy or sell…

The decision on which position you take at any point in time is yours. Short positions allow you to profit when the value of the asset decreases. If you open a short position on oil, for example, you don’t have to collect the barrels.

• This will allow you to enjoy the best of both worlds while diversifying your investment strategy.
• An investor in a long position will profit from a rise in price.
• In the example above, the largest loss possible is if the share price goes to $0, resulting in a $2 loss per share.
• Long-term trading refers to a style of trading where a trader holds a position for an extended period of time.
• You’ll be forced to ride out downswings in a stock or commodity’s price – knowing that the long game will pay off.

This strategy is typically employed by those looking to earn supplemental income. When traders feel fear, they want to exit their long positions immediately. When you are going short, you give yourself more chances to make money.

If a trader fails to meet the margin call criteria, a broker may force close the position to prevent further losses. Furthermore, a broker might settle a lost position at the current price rather than the market price. Going short entails borrowing assets from a broker with the intention of selling them at the present market price, expecting the price to fall. Following that, traders repurchase the assets at a lesser price and return them to the broker, pocketing the difference as profit.

What is going short?

The long-term trading strategy is for the patient trader, not the trigger-happy trader. Long-term trading refers to a style of trading where a trader holds a position for an extended period of time. Depending on the type of asset, the holding period can be as little as one year or as long as 30 or more years.

It currently has various industries including agricultural production, mining, and manufacturing. A few of the main economic activities are from agricultural products including milk, grapes, apples, mandarins, and many more. However, some economic hindrances such as corruption, high inflation, and lack of foreign trade weigh down the economy. It has a current GDP growth rate of 2.29% and a public debt of 79.1%, one of the highest debt percentages ranking 35th in the world.

In my own region, in South Asia, we have Sri Lanka — I’ve just come back from Sri Lanka — Bangladesh, Pakistan, which are facing very, very high tariff rates. They can barely generate enough foreign exchange to import the most essential items. They, on top of that, have to pay very, very heavy debt service, and they’ve not really managed significant restructuring. And yet, you get then this completely unnecessary, wanton kind of attack on a little bit of foreign exchange that they’re generating, because the U.S. is a major market for all of them.

Qatar: The Power of Natural Resources

Similar to Nepal, the poorest country in asia main reason for East Timor’s weak economy is the severe lack of trade options. East Timor doesn’t have many valuable resources and has few methods of transportation to other countries. These factors combined make it difficult for the country to support its people’s needs and participate in international trade. Cambodia is an example of a country whose economy was severely affected by the history of corruption within its government. Cambodians are beginning to earn higher incomes thanks to positive changes in their economy overtime. A little-known country, Tajikistan is a nation located in Central Asia and is surrounded by Kyrgyzstan, China, Afghanistan, and Uzbekistan.

Afghanistan

And that chaos is going to come even to countries that are not directly affected by very high tariffs. For more on the impact of these tariffs, especially on the poorest countries of the world, we’re joined by Jayati Ghosh, economics professor at University of Massachusetts Amherst. She was previously an economics professor at Jawaharlal Nehru University in New Delhi, India, where she taught for 35 years. This data focuses on larger private donations in the form of grants; it does not include the smaller, individual charity donations you or I might make.

Sri Lanka supports its economy with 61.7% services, 30.5%$ industry, and 7.8% agriculture. Overall, its GDP comes from 54.8% services, 28.2% industry, and 16.7% agriculture. It is the fourth-largest country by population with a total of 275,122,131 residents, of which 5.31% are unemployed and 9.4% are below the poverty line.

• There are also articles covering tourism industry competitiveness, hospitality, and sustainability.
• As of 2025, a staggering 95 percent of residents do not get enough food to eat.
• The majority of those who live in rural areas are also not trained in land management, meaning that they can’t produce food at full capacity.
• It reflects the severe economic hardships intensified by ongoing conflict and political instability.
• The population has a 2.305 million labor force, of which 48.2% are working in agriculture, 37.8% in services, and 14% in industry.

In fact, it’s per capita income has been dropping rapidly, compared to its peers. It has a real GDP growth rate of 3.7%, mainly driven by oil and gas exports. The country is facing numerous economic challenges including unemployment and underemployment, public debt, and refugee crisis as a result of Syria’s ongoing civil violence. The real GDP growth rate of the economy is 7.4% and depends on 56.5% services, 29.3% industry, and 14.2% agriculture. The economy has a real GDP growth rate of 5.4% and a GDP composition of 24.4% agriculture, 19.1% industry, and 56.5% services. The GDP composition is 20.3% agriculture, 11.8% industry, and 67.9% services.

Timor-Leste – GDP: $1381.20

The United States of America maintains its position as the richest country in the world, with a highly diverse and robust economy. Thailand has the second-largest economy in Southeast Asia, after Indonesia. Its per capita GDP ranks fourth in the region, behind Singapore, Brunei, and Malaysia.

Bangladesh

Since the early 20th century, the combined effects of urbanization and higher temperatures due to climate change have gradually moved the peak blossom earlier in the year. This is because the global trend is so strongly dictated by the extent of fires in Africa, which we almost never hear about. As you can see in the chart, Africa experiences more than half of the burned area globally every year. News headlines might be filled with stories about large fires in Greece, Portugal, the United States, or Canada, but when we look at the data, the global total is no higher than usual. One of the most pressing problems I hear from European friends is that they cannot find an affordable place to live.

Kyrgyzstan – GDP: $1173.60

• Additionally, smaller nations with vast natural resource reserves, primarily oil and gas, have achieved significant wealth.
• As of 2020, it is estimated that some 60% of North Korea’s population lives below the poverty line.
• Additionally, the list of the poorest countries in Africa can provide a comparative perspective.
• The Kuwait Towers, an iconic landmark, symbolize the nation’s progress and aspirations.
• In addition to being one of the poorest countries in Asia, the country has also been losing its safety factor, especially for women.

Once a part of the Soviet Union, this independent nation is struggling with an unstable economy caused by corruption and poor economic management. Because Tajikistan also has large financial debts to other countries, experts believe the country will have a hard time improving their economy quickly. Qatar, a tiny nation in the Middle East, has leveraged its vast reserves of oil and gas to achieve remarkable economic growth.

Most of the labor force is in services, but tourism showed recent growth following dispute resolution with the Liberation Tigers of Tamil Eelam. As of today, the country still faces some issues such as lack of infrastructure and corruption. The country has a GDP growth rate of 7.4% and a public debt of 106.3%, the 12th highest in the world. The economy has a public debt of 58.5% of GDP while fulfilling its target GDP growth rate of 6.8%.

Kyrgyzstan also has few natural resources that are desirable to the rest of the world, and can only export cotton and tobacco. Additionally, many areas of Kyrgyzstan lack adequate banking and financial services, which prevents people from investing and hinders economic growth. India is a South Asian country that faces significant economic challenges, including high poverty rates and lack of access to basic services. The country’s economy is diverse, with agriculture, manufacturing, and services sectors, but inequality and lack of infrastructure remain major issues. Afghanistan ranks as the poorest country in Asia, with a projected GDP per capita of $1,991, reflecting decades of conflict and instability. Yemen is the second poorest at $2,237, affected by civil war and humanitarian crises.

Uzbekistan is a Central Asian country that has faced economic challenges, including high poverty rates and lack of resources. The country’s economy is largely dependent on agriculture and natural resources, but lack of investment and infrastructure have hindered economic growth and development. The Maldives is a small island nation in the Indian Ocean that faces economic challenges, including high poverty rates and vulnerability to climate change.

Tajikistan, located in Central Asia, is a land of rugged mountains and pristine lakes. While it’s one of the lesser-known countries in Asia, its beauty and culture are unmatched. Nestled amidst the mighty Himalayas, Nepal is a land of stunning landscapes and rich traditions. From the bustling streets of Kathmandu to the serene trails of the Annapurna range, Nepal is a blend of the ancient and the modern. Afghanistan’s rugged landscapes are a testament to its people’s resilience and determination.

But still in Asia, there are a number of countries that are the most poor countries. Asian countries are among the most developed and the fastest growing economy countries in the world today. Also be sure to check our article on Worlds hungriest nations, if u liked this article, check out here.

I would like to see them include some more online payment processors. Whilst PayPal is the most popular, there other alternatives nowadays such as Skrill and Neteller. Additionally, it would be great if they were to introduce crypto payments but I understand this may not be possible due to regulatory restrictions. You simply choose the account type that you require and complete a short online form. Once that is done, you need to verify your email and upload proof of identification and address.

In Singapore, the broker is regulated by the Monetary Authority of Singapore (MAS) and accepts clients across most of Asia. Should your required margin fall below 50% a margin, closeout will be activated. At this point, the broker will automatically exit some trading position till the threshold is no longer crossed. Use the calculator below to compare City Index’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. City Index are also a primary sponsor of Saracens Rugby Club in the UK, the 5-time Premiership Champions and 3-time European champions. Additionally, the broker is a sponsor of the Sydney Roosters in Australia, a team that has won 15 Rugby League titles.

It’s important to note that this broker doesn’t allow the trading of CFDs for citizens in the US, Canada, Belgium, Brazil, Japan, and Hong Kong. Besides being a well-established broker, City Index has a positive reputation worldwide. Its head office is in the UK, however it also has offices in other countries, including Singapore.

US traders welcome at these brokers:

They also reserve the right to close your account if your funds cannot cover the inactivity fee. Spread betting is possible with City Index and they do have a dedicated spread betting account type which is available to UK and Ireland traders only. This ultimately makes it a very accessible account type and with excellent value spreads that stay tight and start from 0.5 pips on forex or 1 pip on major indices. The average spread on the EUR/USD with this account type is 0.8 pips and no commissions are charged with the exception of shares.

Is Andelex Safe or a Scam Broker?

The online platform has smart trade tickets that include trade risk management. Stops and limit orders can be placed in points, profit/loss or price. The real-time margin calculator can help to keep your trading decisions under control. The platform is easy enough to use for new traders whilst having enough advanced functionality for the more experienced investor. City Index’s trading tools include high-tech trading platforms like WebTrader and MetaTrader 4 (used by millions of traders around the world). Traders can also access Performance Analytics, SMART Signals, Trading Central, Advanced Charts, and alerts to help them.

The spread on gold starts from 0.3 pips, silver from 2 pips, US Crude Oil from 0.4 pips, and UK Crude Oil from 5 city index review pips. This starts after 36 months of inactivity, or 12 months inactive as a professional trader. For UK and most European equities, the charge is 0.08% while for the US this is 1.8CPS, and 0.2% for Asian shares.

The point to note is that funds can only be returned to the original source they were deposited from. The only fee to consider may be a small conversion fee if you are depositing a non-base currency. EWallets are also broadly supported by the broker with PayPal catered for though not in Singapore. In Australia, you can use  EFT, BPAY, PayID, and PayPal while in Singapore you can use PayNow. This can apply to countries like Canada, Japan, or the USA where you are obliged to register an account with Forex.com as your only choice. Of this haul, they have been selected as the best Spread Betting or CFD provider 5 times and won the Best Platform or App award 6 times.

With such a great selection available you can likely avoid any conversion fees that would apply if you were to deposit in a non-base currency. Furthermore, as a trader under the FCA rules, you are protected by the FSCS compensation scheme. This can provide up to £85,000 in compensation, in the very unlikely event of company liquidation from the broker. City Index is a hugely experienced broker and part of the StoneX group. They were founded in 1983 in the UK making them one of the longest-serving brokers in the industry.

• All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
• Whilst you won’t own the stock outright you will make a profit or loss according to how the underlying asset performs.
• It has excellent customer service and provides a range of tradable instruments and platforms.
• City Index has excellent customer support, available 24/5 via telephone, email, and live chat.
• Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
• That’s not to say that experienced traders can’t benefit from this broker, as the tools, high-tech platforms, and other features have a lot to offer professional-level clients.

City Index Review Of 2025

City Index gain points for providing clients with the chance to provide input for future system upgrades. The markets are always changing, and platforms need also to make adjustments and making this process trader-led is a real positive for the site. There are, for example, 12 interest rates markets to trade and in digging down into the detail of the forex sections shows there are 23 Scandie-Crosses. These are just examples of the thousands of markets on offer across all asset groups including bonds, equities, crypto, indices, forex, commodities, metals and options. The minimum opening balance for a live account is £100 and traders can choose to open an account which supports both CFD account and spread betting which means they can toggle between both formats. They offer the reassurance of having been operating in the sector for decades and an appetite to adhere to all the latest regulatory rules and regulations.

Very difficult platform to get started…

If you have experience trading with City Index please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by City Index and its competitors. Please note, some markets may only be available via CFDs or other derivatives. However, comparing its offerings to those of other brokers will help you decide if it matches your needs.

CPT Markets Review

This spread can start from as low as 1 pip on options like the UK 100, Germany 30, and Australia 300, and from 1.6 pips on the S&P 500. These include the UK Gilt from a spread of 0.03 pips, Euro Bond from 0.03 pips, and the US T-Bond, and US T-Note both with a spread from 0.02 pips. There are several different account types available at the broker so there should be something to meet your needs when trading. This means they offer services in the majority of countries around the world. Even in the few countries where service is not available, you may still be able to open an account with another Stonex Group broker. Specific to forex, you will find a sizable total of 84 currency pairs available at the moment.

In indices trading, major indices like the FTSE-100 and Dow Jones 30 have spreads starting from 0.4 points, which is competitive. My only criticism is that the 12-week time frame didn’t allow me to explore the platform’s capabilities and thoroughly test potential swing trading strategies. It has steadily expanded its offerings and global reach over the past 40 years. In 2001, it introduced CFD trading in the UK, a significant milestone. The weekly forex outlooks and forecasts published every Monday morning at 10.00 am is another insightful tool that will prepare forex traders for the week ahead. When it comes to trading education, we think this is a big strong point for City Index.

• Even particular City Index features are unavailable in , most of the educational resources are free to use.
• The fundamental analysis portal considers the complex inter-relationships of financial statements, earnings, growth and other data.
• However, some account types, such as DMA (Direct Market Access) accounts, may require a higher minimum balance to access premium pricing and lower spreads.

There’s also support through social media platforms like Facebook, X, Instagram, LinkedIn and YouTube. Topics cover the fundamentals of market operations, technical analysis, risk management, and advanced trading strategies. Courses are also available, allowing you to build your trading knowledge progressively.

Interactive Brokers

The StoneX connection goes a long way in building trust, while the broker’s history and London location will instill confidence. The Web Trader platform has been the broker’s core offering for many years. Users can select from a range of different colour configurations, set price charts to up to 14 different timeframes and take advantage of an array of impressive trading tools.

AT Pro is designed for advanced traders who need more powerful analysis tools with improved speed and efficiency. It includes a fully customisable layout so that you can build your own personalised trading templates in C#, .NET and Visual Basic or choose from the hundreds of pre-built trading templates. I think it important to keep in mind that the trading product and services that you will have access to can depend on your location and entity of the broker that you open an account with. This is because strict regulation means that they are only able to provide certain features in certain jurisdictions.

Security is paramount at Bitget, with the exchange employing robust measures such as multi-signature wallets, two-factor authentication, and cold storage to safeguard user assets. Bitget’s fee structure is competitive, with low trading fees and additional discounts for high-volume traders. Another key feature is Bitget’s support for various payment methods, ensuring that users have multiple options for depositing and withdrawing funds.

Do I need a wallet to use a crypto broker?

The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure.

The platform supports Ethereum staking, enabling users to earn rewards by locking up their tokens. Kraken also provides options for margin and futures trading, allowing users to leverage their positions for potentially higher returns. Additionally, users can stake Kraken’s native token, KRAK, to gain extra rewards and benefits.

The opportunity to start trading with minimal initial deposit makes it an attractive choice for those looking to enter the market with a small first deposit. The educational resources on Coinbase are another major advantage, especially for those new to cryptocurrency. Coinbase offers a variety of learning tools that help users understand the fundamentals of cryptocurrency and blockchain technology.

What is the best crypto broker for Ethereum?

A broker is best for beginners and for low trading fees but for the best coin prices or the widest range of coins, you might want to look elsewhere. A cryptocurrency exchange is a platform that allows the trading of crypto assets like Bitcoin, Ethereum, and other crypto coins. Decentralized crypto exchanges operate on blockchain technology, while centralized crypto exchanges act as intermediaries. If you’re looking for altcoins, then you need to find a more advanced trading platform, or a top crypto exchange. There you can find more obscure coins, like Aave, ApeCoin, Axie Infinity, Bitcoin Cash, Chiliz, Litecoin, Monero, Stellar, Zcash, and many hundreds of others. Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders.

How does a crypto broker work?

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. Trading fees directly impact your profitability, especially if you engage in frequent trading. These fees vary among brokers and can include commissions, spreads, and overnight fees.

Look for brokers that offer encryption, 2FA, and other protective features. • Gemini is offering new users $15 in bitcoin when they sign up and trade $100 or more in their first 30 days. However, when you buy crypto, you own the actual digital currency and can store it in a wallet or earn rewards through activities like staking. When you trade crypto CFDs (Contracts for Difference), you speculate on the price movements of the underlying asset without owning it.

• The best option is normally to trade crypto instead, as it’s more widely accessible to retail traders.
• The platform is designed to accommodate traders of all experience levels, from beginners to seasoned professionals.
• Coinbase offers a variety of learning tools that help users understand the fundamentals of cryptocurrency and blockchain technology.
• You simply need to sign up, make a deposit, and then you can get the coins you’re interested in at the price given by the platform.
• Coinbase is a leading platform in the cryptocurrency space, offering users a simple and secure way to buy, sell, and manage digital assets.
• The platform’s customer support is highly efficient, available 24/7 through live chat, email, and a detailed knowledge base, ensuring that users have access to assistance at all times.

Since its founding in 2014 by Cameron and Tyler Winklevoss, Gemini has best cryptocurrency brokers prioritized creating simple and intuitive products, innovative security practices, licensing, and compliance. Find user-friendly exchanges to trade altcoins with low fees and protections. Yes, there is nothing stopping you from having accounts with multiple different brokers.

• Additionally, brokers may provide tools like leverage, enabling traders to control larger positions with a smaller amount of capital, though this comes with increased risk.
• From here you will be able to see all the relevant crypto price charts and start to trade cryptocurrencies right away.
• Techniques like this come with increased risk and we only recommend experienced traders undertake them.
• Kraken also provides options for margin and futures trading, allowing users to leverage their positions for potentially higher returns.
• But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure.

The top crypto brokers for your needs

These platforms often offer various trading instruments, including spot trading, CFDs, and futures, allowing traders to speculate on the price movements of cryptocurrencies. Additionally, brokers may provide tools like leverage, enabling traders to control larger positions with a smaller amount of capital, though this comes with increased risk. Our tests are designed to find crypto brokers that offer a beginner-friendly, secure investing experience at a fair price. To supplement our practical testing and experience, we research each brokerage to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

EToro is the best bet for staking your coins without having to think much about it. You simply buy and store your coins on eToro and earn interest on coins once you pass the qualifying period – usually about ten days. Some allow direct cryptocurrency withdrawals, while others may only permit fiat withdrawals. In the US, crypto tax rules are set by the IRS (Inland Revenue Service) and you pay a  capital gains tax depending on how much you earn. This can be convenient for people looking to trade coins frequently, but long term investors might want to consider a secure hardware wallet, such as the Ledger Nano S.

For instance, a broker might advertise that it charges ‘zero fees,’ but if you look at the price they’re quoting for a coin you’ll realize that it’s above market rate. From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

Payment charges

Like a bureau de change at an airport, most of the time the broker sets rates for each coin and allows you to buy at this price instantly. Cryptocurrency brokers typically charge a variety of fees, including spreads, commissions, and overnight financing costs. The spread is the difference between the buy and sell price, while commissions may be charged on each trade.

Paybis. Best crypto platform for choice of payment methods

Sometimes the broker itself is on the other end of the deal, and sometimes the broker merely facilitates trades between other users in an open marketplace. It has a huge range of cryptocurrencies and is usually one of the first brokers to add new coins. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.

Benefits include access to a wide range of assets, advanced trading tools, and the ability to use leverage. However, risks include high fees, the complexity of leveraged trading, and potential security concerns. Libertex has earned its reputation as one of the leading platforms for trading crypto and other types of CFDs, combining cutting-edge technology with user-friendly tools designed for all traders. With a legacy dating back to 2012, it has positioned itself as a serious name in the fintech industry, offering a seamless trading experience to numerous users from the EEA Area and Switzerland. With Libertex, users can explore diverse trading options while enjoying a straightforward, smooth interface. The platform is designed to make crypto transactions as straightforward as possible, offering seamless onboarding for new users.

People love the angst, new ideas of young entrepreneurs, and all the great advice provided by the ‘Sharks’. A. OYO has disrupted the traditional hotel industry by standardizing budget hotels, implementing smart pricing strategies, and expanding globally through technology-driven innovation. A. Aman Gupta and Peyush Bansal are among the most loved sharks in Shark Tank India, known for their humor, relatability, and encouragement of entrepreneurs.

It also provides brewing equipment like French Press and Aeropress Clear, along with merchandise such as tote bags and personalized brewing gift boxes. Over the next five years, Slikk Club plans to expand into Tier l and Tier ll cities, extending its 60-minute fashion delivery model to a broader audience. The company aims to diversify into more than seven lifestyle categories while leveraging technology for improved shopping, fulfillment, and returns. Its Try and Buy model, instant refunds, and rapid delivery are positioned to reshape fashion e-commerce in India. Founded by Kiran Shah, Go Zero offers a diverse range of guilt-free frozen treats, including low-calorie, high-protein, and vegan ice creams, all sweetened with plant-based alternatives.

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Gupta proved his investment prowess in the inaugural season of Shark Tank India, emerging as the top investor. It must be noted that be it Amit Jain or Anupam Mittal, the net worth of each of the Shark Tank India judges is above Rs 100 crore. Zomato CEO and co-founder Deepinder Goyal is all set to make his television debut with Shark Tank India 3. After graduating from IIT Delhi in 2005 with a degree in Mathematics and Computing, Goyal worked for Bain and Company before starting Foodiebay in 2008, renamed Zomato in 2010.

• The investment will support the company’s retail expansion in Bangalore, increasing serviceability to 80 percent of the city’s pincodes through multiple dark stores.
• Ritesh Agarwal, the CEO of Oyo Rooms, began his entrepreneurial journey at the age of 18 when he dropped out of college to pursue his passion.
• Some models also feature wheels to enhance mobility and streamline waste management.
• Notable previous rounds include a $24 million Series A in 2021 led by Peak XV (formerly Sequoia India), with continued participation from Elevation Capital and Matrix Partners India.
• It is also exploring opportunities for global distribution, with a focus on showcasing Indian-made products that meet international standards.

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The inclusion of popular brands like GIVA as part of this growth initiative underscores the increasing demand for fashion, jewellery, and lifestyle products in the travel retail sector. Women were overwhelmed by complex routines and multiple products marketed as “essential,” yet they struggled to find solutions that delivered meaningful results. I want Indian women to feel less burdened by endless routines and get more value for their investments in personal care products,” said Aparna. Currently generating annual revenues of $7.23 million, Mila Beauté is targeting a 2x growth in the next 12–18 months. The brand remains focused on operational excellence and brand-building without any immediate plans for acquisitions or leadership changes.

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Founded by Chakradhar Gade and Nitin Kaushal, Country Delight specializes in delivering fresh dairy products, bakery items, poultry, and farm produce sourced directly from dairy farms. The brand currently serves 1.5 million customers across more than 25 cities, including Delhi NCR, Bengaluru, and Chandigarh. The company plans to use these funds to meet its working capital needs and support other business operations. Country Delight’s post-money valuation remains at $820 million, similar to its previous funding round.

What Amit Jain used to do before starting a company?

“Sleepwear doesn’t need to be as boring as a plain t-shirt and printed pyjamas,” said Mr. Parth Ruparelia, Head of D2C at Sweet Dreams. To mark the store’s launch, the brand is offering a flat 25 percent discount to walk-in customers for the first month. Since launching its direct-to-consumer platform earlier this year, Outzidr has expanded quickly across leading e-commerce platforms like Myntra, Nykaa Fashion, and Ajio. With over 3,000 live styles on its site and 2,000 new styles added monthly, the brand is targeting a Rs. 100 crore annualized run rate within the next 6–8 months. Plans include expanding distribution networks across Tier I, II, and III cities, strengthening backend operations and supply chains, and introducing a broader range of health-forward snack offerings. The brand also aims to double down on both digital and offline brand-building efforts.

For those who are unfamiliar, “Sharks” here refers to the most prominent and notable businesspeople in the nation who have assumed responsibility for making investments in the companies. Ronnie Screwvala, born in Bombay in 1956, began his entrepreneurial journey in the late 1970s by manufacturing toothbrushes. With the arrival of colour television in India during the early 1980s, he seized the opportunity by pioneering cable TV across Indian metros. The 2025 Forbes Billionaire List, released on Wednesday, features a record 3,028 dollar billionaires globally, with 205 hailing from India. The GCC market is a strategic choice for Noise’s international expansion, given its rapidly growing demand for smart wearables.

Thapar upheld the Rs 100 crore valuation, structuring the investment with Rs 1 crore for a 1 percent equity stake and Rs 2 crore as debt at a 10 percent interest rate, repayable over five years. Andhra Pradesh-based Srikanth Bolla was born to a family of farmers and faced numerous educational difficulties due to his disability. An undeterred Srikanth strived hard to attain his once-impossible engineering dream. After securing top grades in Class X, Srikanth filed a legal case after he was denied to study science. However, he faced another hurdle when he applied to IIT (Indian Institute of Technology), and was again denied higher education due to his disability.

These earnings reflect not just their celebrity status but also their impressive net worth accumulated through successful entrepreneurial ventures. Interestingly, Ashneer Grover previously matched Agarwal’s earnings at ₹10 lakh per episode before departing from the show. Meanwhile, Vineeta Singh, co-founder and CEO of Sugar Cosmetics, earns ₹5 lakh per episode, showcasing her unique contributions to Shark Tank India. Understanding these strategies can give you a clearer picture of how they leverage their wealth to make impactful investments. For example, understanding the importance of free crypto opportunities can be beneficial for those looking to leverage financial tools in their investments.

This fresh investment by Bose follows the successful release of a new audio product featuring the acclaimed “Sound by Bose” technology, showcasing the synergy between both brands. The Sock Street (TSS), a newly launched direct-to-consumer (D2C) lifestyle brand focused on transforming socks into fashion essentials, has announced key leadership appointments as part of its strategic growth plan. Founded by media industry veteran-turned-entrepreneur Shobhit Gaur, the company is now poised for national and global expansion.

• The collective positive energy and diverse experiences of these entrepreneurs create a supportive atmosphere for new ideas to flourish.
• In FY24, Spinny’s revenue from operations grew 14 percent year-on-year to Rs. 3,725 crore, up from Rs. 3,260 crore in FY23.
• With funding secured, the brand can now scale its operations and increase its reach.
• Aman’s strategic investments showcase his keen understanding of market trends and his ability to identify high-potential ventures in diverse industries.
• Strengthening its international portfolio, the platform is now introducing two of the world’s most iconic fashion houses—Tommy Hilfiger and Calvin Klein.

The way they are reimagining spiritual engagement for the digital age is truly remarkable, and I am excited to support their vision,” said Pradeep Nain. Udit Mayor brings over 20 years of experience in sock manufacturing and brand operations. He has been instrumental in the growth of the sock industry in India and is now tasked with driving TSS’s business direction. A key development during the year was the opening of Tira’s flagship store at Jio World Plaza, Mumbai.

She is the CEO and Co-Founder of Sugar Cosmetics, one of the largest Indian brands of cosmetics that is growing at an intense speed. She is an Alumni of IIT Madras and IIM Ahmedabad, the amazing part is she rejected a INR 1 crore job offer to follow her dream of running her own company. Apart from BharatPe, he has also invested in companies like most richest shark in shark tank india OTO Capital, The Whole Truth, IndiaGold, and Front Row.

Each, with a net worth of $72 million, offers insights into the pharmaceutical and eyewear industries, respectively. The trailblazing CEO and co-founder of Sugar Cosmetics boasts a net worth of approximately $36 million. A graduate of IIT Madras and IIM Ahmedabad, Singh has made a significant mark with her brand, valued between $450 and $500 million. Radhika Gupta, known for her insightful investments, made several impactful contributions to the show. Vineeta Singh, a prominent judge on Shark Tank India, has consistently demonstrated her sharp investment acumen across multiple seasons. With a staggering net worth of Rs 2900 crore, as reported by TOI, Jain is sure to bring his wealth of experience and business acumen to the table.

She has been the Managing Director and CEO of Edelweiss Mutual Fund since 2017, and she has helped the company expand to become one of India’s top mutual fund houses. Under Gupta’s leadership, Edelweiss Mutual Fund has grown into a leading player in the Indian mutual fund industry. The company has launched a number of innovative products and services and has consistently outperformed the benchmark indices. “After leading India’s wearable revolution for over a decade, we are thrilled to take our innovation and offerings to international markets. This global expansion marks the realization of our vision and the next bold chapter in our journey to become a leading force in smart wearables worldwide,” said Gaurav Khatri, Co-founder, Noise. According to the company’s sources, the fresh capital will be directed toward expanding Pilgrim’s offline retail footprint and enhancing its research and development capabilities.

Various entrepreneurs from different parts of the country came here to showcase their innovative business plans in front of the sharks in the hope of getting investments for their companies. The Shark Tank India judges provided investments to their preferred business ideas and gave them a chance to flourish with their ideas. Season three of this show is anticipated to be bigger, with quality judges and creative business ideas. Nykaa Fashion has expanded its menswear offerings with the launch of The Indian Garage Co. (TIGC), one of the country’s fastest-growing direct-to-consumer (D2C) fashion brands. With over 2,000 styles, TIGC aims to redefine men’s fashion by blending global trends with Indian sensibilities, offering a versatile and fashion-forward wardrobe for modern consumers. Direct-to-consumer (D2C) beauty and personal care brand Pilgrim has raised Rs. 200 crore ($23 million) in a funding round that included both primary and secondary investments.