No matter what the epidemic has done, life keeps moving forward. Millions of students were required to complete their college degrees online. Even though it would have been great to be present at the graduation ceremony in person, one must enter adulthood and begin seeking for work, right.
Currently, hunting for a job as a new graduate can be a complete and utter torture experience. One is unsure about where to apply or how to apply. From finding a career you enjoy to negotiating a pay, you’ll discover that education didn’t teach you everything.
However, once you’ve gone through multiple rounds of interviews and secured your first job, the real challenge begins. No education or school prepares students for professional life, and anyone who recalls their first job understands how the transfer from school to professional life will always require some adaptation that can never be taught theoretically.
Thus, these are the basic and typical errors that a first-time office worker should avoid at all costs in order to make a lasting impression on their manager and organisation.
1. Avoid being late.
This is self-evident. To be honest, that applies to everyone, regardless of whether it is their first job. On the first day of work, an individual should ensure that timeliness is their primary priority. There could be numerous causes for your tardiness. Perhaps your alarm never went off or you were never able to go to work on time. However, your employer will simply verify that you are at your assigned desk prior to arriving at the office. If you arrive late, your superior will lose interest in you on the first day.
2. Keep personal matters separate from work.
We all have disagreements with our loved ones about something or other. But that doesn’t mean you have to drag everyone else along with your drama. The office is not the place to have a quarrel with your children or to stop your relationship with your partner. Keep personal matters separate from work. If the call is critical, take a break and move to a private location. If it is not critical, wait until you return home.
3. Avoid missing deadlines
True, if you’re a newcomer, your employer may allow you time to adjust and learn the job. They may even be willing to give you a little leeway for a short period of time. However, you must begin working on your deadlines at some point, correct? Missing deadlines will not make a good impression on your management, and it will impede your performance, especially if you operate in a team.
4. Don’t cheat to get what you want
Avoid These Nine Inappropriate Activities at Your New Job
To be clear, lying to look nice or for the sake of a day off is never a good idea. Technology makes it incredibly easy to fabricate your credentials. Additionally, it simplifies the process of discovering the truth. Small lies have the potential to cause great harm, and someone will always bring the truth to light. Furthermore, when you fabricate information about yourself or your whereabouts, you live in continual fear of being discovered. The stress is not even necessary.
5. Avoid assaulting your coworkers.
If you spend so much time with your coworkers, it’s only natural that you’ll become friends and divulge details about your personal life. Attempting to flirt with coworkers you find attractive is not a good idea, unless you’re cool with being fired. Office romances are also frowned upon in many organisations and can land you in unpleasant circumstances and lawsuits.
6. Don’t just sit around all day
Avoid These Nine Inappropriate Activities at Your New Job
Everyone admires a self-starter, and in some cases, it does pay off in the long term. However, taking on excessive work or attempting to demonstrate that you are superior to others is not always well received by superiors. Similarly, a person who does not interact or demonstrate any desire to work is looked down upon, and when an opportunity for interesting employment arises, that individual is never given preference.
7. Avoid butting in while someone is talking.
True, you may be receiving an incredible idea or may have misunderstood what your colleague or boss has communicated. However, when you interrupt someone, you not only frustrate them, but also give them an unfavourable opinion of you. Develop the ability to listen and clarify all your doubts or to offer what you require once the individual is finished. Not only will you receive complete attention, but you will also earn respect and adoration.
8. Do not anticipate immediate recognition
New hires who are overly optimistic about obtaining increases, promotions, or other kinds of acknowledgment for their work should temper their expectations. Generally, you are entitled to advancement, yet professional careers can last decades. A solid promotion is typically earned over years of establishing your worthiness, not snatched up in a couple of months. Therefore, if you believe you will receive a raise for work completed six months ago, you are mistaken. Patience and experience are required.
9. You don’t have to take extensive breaks every time
Avoid These Nine Inappropriate Activities at Your New Job
Regardless of how relaxed your office environment is, everyone appreciates an employee who is efficient and completes tasks on time. However, if you spend the most of your time outside smoking a cigarette or eating on snacks, taking long time for your lunch, this creates a negative impression. It will just reinforce the perception that you are not committed to your task. Taking a pause to obtain some fresh air, on the other hand, is not a negative thing.
Your résumé is being judged by more than just your peers. It must also increasingly overcome bots that screen away irrelevant or inappropriate submissions, particularly if you are applying to international firms.
Nearly 99 % of Fortune 500 companies, according to Jobscan, utilise applicant tracking systems to scan resumes and speed the recruiting process. Smaller businesses are also using the software. How can you ensure yourself to clear this critical initial obstacle, or ‘pehla padhaav’ in KBC parlance? Here are some suggestions.
Avoid abbreviations and respect to the format
Resume Scanning Bots
No matter how great your resume is, it will be completely disregarded if it is not in the appropriate format.
Applicant tracking systems scan resumes from left to right. Thus, if an applicant submits a resume with vertical columns, almost half of the material may be overlooked. It is ideal to follow a classic format that includes horizontal headings and bullet points. Verify the format of your resume file. The majority of web apps indicate the file types they accept (such as PDF, DOC, HTML). If this is not mentioned, send your résumé using Microsoft Word. Practically all scanning software recognises Word. Additionally, it is recommended that you avoid using acronyms on your resume, as certain systems will not grasp what the letters mean.
Consistently incorporate keywords
Because applicant tracking systems scan resumes for relevant talents, it is a good idea to include at least three to five keywords from the job description in your work experience and skills sections. Tools such as Skillsyncer or Jobscan can be used to find keywords that are missing from your resume. Conduct research on the company you’re applying to, and customise your resume accordingly.
If you require assistance, do not be afraid to contact Human Resources.
If you require assistance, do not leave your fate in the hands of the bots. Make an appointment with the recruiting manager.
Employers have a variety of reasons to choose who gets a job offer, including racial or gender preferences and who will be better accepted by the workforce. The software simply accommodates those preferences. The guidelines on how and when to exclude an applicant are written by them. Determine who the decision-maker is and send your resume along with a quick letter ensuring that it is in the proper format. This simple act of initiative may aid in your job search. “If, on the other hand, you submit a resume in an illogical or unsuitable manner, your application will be ignored and your tilent will not work.”
Here is the guide to add your resume to your LinkedIn profil for easy apply through LinkedIn.
You can post your resume straight to your LinkedIn profile or to job applications via Easy Apply.
Customizing your LinkedIn profile resume is critical for standing out in the employment market.
If you disable the Featured section, you may still upload your resume using the “Add Section” option.
LinkedIn can be an effective tool for publicising your skills and putting you in front of the correct hiring managers. Additionally, it can assist with directly applying for jobs, particularly the thousands featured on the site.
To make the most of these capabilities, it’s a good idea to add a CV to your profile. What you’ll need to accomplish is as follows.
Adding your resume to LinkedIn to better market yourself
If you do not have a resume prepared, you can use LinkedIn’s download option, which transforms all of the information on your profile to a PDF resume.
However, that downloaded CV is unlikely to be as attractive as one you design yourself, and it will almost certainly be longer than you desire. Thus, by uploading a customised CV to your profile, you may customise your career history to the job for which you’re applying, ensuring that you stand out in the proper ways. Likewise, while applying for a job.
How do you add a résumé to your LinkedIn profile?
Visit the LinkedIn website and, if necessary, log in to your account.
In the top toolbar, beneath your profile photo, click the Me tab.
From the resulting drop-down menu, select View Profile.
Scroll down to the Highlighted area and click the Add featured link if this section is empty. If you have, click the plus + button to the left of the pencil icon in the top-right corner of the box
add your resume to your LinkedIn profile
If the Featured section is not visible, it may have been disabled. In this instance, travel to the top of your profile and click Add Section, followed by Featured and Media. Then proceed to step #6 in this guide.
add your resume to your LinkedIn profile
5. Alternatively, if you have the Featured section and have clicked Add featured or the plus + button, select Media from the drop-down menu that displays.
6. In the resulting file upload window, navigate to the resume document you wish to upload. Select it and click Open.
7. A preview of the paper will display, along with boxes for you to enter a title and description for your resume. The Title is the only field that must be filled in.
8. Once the title and description fields are completed, click Save.
How to use LinkedIn to upload a résumé while applying for a job
1. Once you’ve located a position for which you’d want to apply, click on the job title to access additional information.
How to add resume to your linkedin profile?
2. Click or press the option labelled “Easy Apply.”
How to add resume to your linkedin profile?
Important: To make this work, you must select Easy Apply rather than Apply. In the absence of that, you will be sent to the hiring company’s job application portal. Additionally, your resume must be under 2MB in size and structured in either Word or PDF.
3. Fill in the required information and then click Upload resume under Resume.
How to add resume to your linkedin profile?
4. From the pop-up box, select the required file and click Open.
How to add resume to your linkedin profile?
5. Click Next to proceed through the application to the Review page.
In this post, we’ll look at the business analyst profession, which is one of the most common job options in the corporate sector. We’ll learn what a business analyst is, what they do, how much money they make, and what skills and education you’ll need to become one. Also the difference between Business Analyst and Data Analyst.
Alright! Now, let’s start with a brief overview of the business analyst profile.
Who are Business Analytics and how do they fit inside a company?
At first glance, the term “Business Analyst” may appear generic, which may cause concern among entry-level candidates. However, because the business analyst profession involves many various operations in a company, the fact that it is a versatile position may be promising. This might be an entry-level employment or a role for seasoned professionals, depending on the organisation. As a result, business analysts are responsible for a wide range of responsibilities, and job descriptions vary greatly from one company to another. Business analysts will be focused on the following types of activities in various businesses:
Process and systems improvement (in terms of efficiency and effectiveness)
Solving business problems
Looking for savings and efficiencies
Focusing on business development and searching for new opportunities
Performance analysis
Competitor analysis Indeed,
Data Analysits
One of the most dynamic roles in a firm is that of a “business analyst.” They may be reporting their results to the head of a certain division to which they have been assigned, or they may be discussing a specific instance with a product or project manager. In some cases, the business analyst serves as a mediator between the business development manager and the head of division or product owner. One thing is certain: you will never be bored at work.
That is the elevator pitch for this excellent career opportunity. However, in order to obtain a greater idea of what it means to be a business analyst, we must examine their typical day-to-day responsibilities. So,
What do business analysts do?
The answer is that it depends. Business analysts are expected to perform a variety of tasks in various organisations. However, these are some of the most prevalent responsibilities.
A business analyst examines the performance of a specific segment within a corporation. They frequently engage in the analysis of various processes, identifying goals, and creating hypotheses. Their goal is to improve the performance of the specific section of the firm to which they have been allocated. They not only gather data, but also use data-driven decision making, convey results, and oversee their implementation.
Furthermore, business analysts frequently train non-technical team members. As a result, we can confidently state that business analysts are the finest communicators among issue solvers, and they are always willing to contribute their expertise throughout the firm. Sales, supply chain, and administration are some of the divisions to which business analysts may be assigned. Within that structure, they do research, rely on data as much as possible, and are generally involved in the creation of dashboards and other BI tools to facilitate the sharing of their results. As you can see, being a business analyst is a difficult job…but it can also be incredibly rewarding!
Now that you know what it’s like to be a business analyst, let’s look at your options and how you can get started.
A job as a business analyst is an excellent alternative to consider, both on its own and as the first step on the career ladder to becoming a Product Lead, Head of Product, or Head of Division, and, why not, a Vice President. Full-time business analyst employment are available in the majority of midsize and big organisations across all industries, including consulting, finance, and technology.
Consultancy is also quite popular in this field, particularly in smaller firms. However, as compared to their counterparts hired by a corporation in a specialised industry, this alternative gives a business analyst with a limited picture of the business.
Data Analyst and Business Analyst
So, what are the essential abilities required to apply for a job as a business analyst?
According to a review of 1,395 job postings, business analyst applicants must have the following tools and skills. Here’s what the numbers show:
60% of job postings emphasized Excel skills
41% mentioned strong communication
6% requested Tableau
and 4% – Power BI
What about the educational background?
A Bachelor’s degree is required for 66 percent of job openings.
This is the standard for this field. In terms of experience, most businesses in our sample required an average of four years on the job, although 35% of job advertising were also appropriate for those with no prior working experience.
To summarise, if you want to increase your chances of securing a business analyst position, you must be fluent in Excel, have great communication skills, and potentially master a BI software (such as Tableau or PowerBI). However, python is also gaining great popularity.
Alright! You now understand the most significant components of the business analyst role, what to anticipate from it, and what talents you should work on to become one.
Difference between a business analyst and a data analyst
Financial Analyst
I will discuss the difference today under four main headings the first is responsibilities the next is qualifications skills and then salary
Work with client to understand the problem
So, to begin with, let’s look at the business analyst. The business analyst will spend a lot of time with the customers to understand what they need and what difficulties they’re experiencing, and then they’ll work with the managers to figure out how that’s going to work within their team.
Use current data to outline problem
The second step is to use current data to outline the problem, so they’ll have to go in and actually look at the data to understand what that client is looking for so that they can convey to the team what they’re trying to solve and what they’re looking for.
Outline and communicate the client problem to team.
Then they’ll describe and communicate to the team what the client genuinely wants, what the problem is, what they’re attempting to solve, and how we’re going to get there.
Business Analytics
Often, the business analyst will conduct all of the analysis and then pass it on to either the programming team or a data analyst to investigate further and resolve the issue.
Work with the Programming teams
work with the programming teams that collect and analyse the data The distinction between these two is that the business analyst will normally deal with the client side and management, whilst the data analyst will work with the programming side.
Use pre-existing data to solve a problem
Next, they’ll use pre-existing data to address the problem, so the business analyst will bring the problem, describe it, and present it to the programming team, and then the data analyst, along with the programmers or developers, will solve the problem and figure out a solution.
Create report and dashboard
Next, they’ll develop reports and dashboards, which is a requirement for any data analyst position, or they’ll create some form of visualisation
Present Analytical Finding to team
The last thing you’ll do is offer analytical findings to the team, so the business analyst will bring the problem to the team, and the data analyst will report back to the team with their findings and a possibility or potential remedy.
Next we’re going to look at qualifications
A bachelor’s degree or higher is necessary, and the criteria for the business are actually quite comparable unless you’re going to need a bachelor’s degree in normally it’s going to be anything in business and administration finance economics something business-related
Master requirement in sum position (MBA, M.Com or equivalent)
You may need a master’s degree, and business analysts, who frequently have MBAs, are the most common candidates.
Typically, data analysts do not have MBAs, but let’s look at that one next, thus for a data analyst
Bachelor’s degree or higher is preferred
A bachelor’s degree is also required, generally in computer science, statistics, mathematics, economics, or finance, and as you can see, there is a lot of overlap between the business analyst and the data analyst.
Masters required for some position
You may also require a master’s degree for some roles, and it isn’t always an MBA, such as a business analyst; sometimes they’re looking for statistics, mathematics, or an actual analytics master’s degree, and so those are some of the qualifications that differ between these two positions.
Skills
So, for a business analyst, you’ll need skills like knowing Microsoft Access and Excel, and those are some of the more technical skills you’ll need, but you’ll also need really solid soft skills like communication skills, presentation skills, and just general people skills. be able to successfully engage and converse with clients or members of the team
So for data analytics, you’ll need a little bit more technical skills, so you’ll be using things like sequel or in Python tableau or a data visualisation tool, you’ll be doing data modelling, so you’ll need to know SAS or SPSS Excel, and then some type of cloud platform like Azure or Amazon Web Services.
Salary
Business Analyst Salary in India
In this section, I will cover the average salaries earned by Business Analysts in India based on their position levels in a business and the Indian states in which they operate. I will also analyse the salaries offered by some of the largest firms in India to Business Analysts, based on job postings and salaries posted on Glassdoor.
Now discuss based on their experience and position levels.
Business Analyst Salary for Freshers
In India, the starting salary for a Business Analyst is between ₹350k and ₹500k per year. This is the compensation range for a professional with less than one year of experience. A Business Analyst’s remuneration rises in tandem with his or her level of expertise. Business Analysts with 1–4 years of experience may earn up to ₹523k per year, while those with more than 5 years of experience can earn up to ₹831k per year.
Senior Business Analyst Salary in India
Expert Business Analysts with 15+ years of industry expertise can earn up to ₹1,290k per year, albeit this varies based on position level and firm. Furthermore, you can see the wage packages of these professions in a variety of regions and towns across the country.
Business Analyst Salary in Bangalore
Bangalore, as we all know, is the nation’s IT capital. This Karnataka city boasts one of the most job postings for several IT professions, including Business Analysts. As a result, Business Analysts are among the city’s highest-paid IT workers. In Bangalore, Karnataka, business analysts make an average annual salary of ₹660k.
Business Analyst Salary in Delhi
Business Analysts in New Delhi make an average annual salary of ₹600k, which can rise to ₹1,251k with experience.
Business Analyst Salary in Chennai
Because there are several chances for individuals with a technical background in Chennai, the average pay of Business Analytics specialists in Chennai is substantially greater than in other cities. Business Analysts in Chennai make an average of ₹775k per year. Based on experience and skills, this income can be increased to ₹1,371k per year.
Business Analyst Salary in Hyderabad
Business Analysts in Hyderabad, Telangana, earn roughly ₹680k per year. This figure might rise to ₹1,345 per year depending on characteristics such as abilities, experience, and expertise. After learning about the incomes made by Business Analysts based on geography, we can now look at the salaries paid to Business Analysts by some of the world’s most well-known firms.
Average Salary of Business Analysts in Popular Indian Organizations
Now, I’ll go through the compensation Business Analysts earn at Accenture, Capgemini, Tata Consultancy Services (TCS), and other significant firms in India that give the top pay packages to these individuals.
The typical salary for these experts at Accenture is ₹705k per year, while Capgemini pays around ₹703k. Analysts at TCS earn an average of ₹697,000 per year.
Companies such as HCL and Wipro, on the other hand, provide a lower sum than the aforementioned companies. Wipro and HCL pay roughly 580k and 521k per year for Business Analysts, respectively.
Salary of a Data Analyst in India
The title of ‘Data Analyst’ is one of the most sought-after job alternatives and one of the highest-earning specialists in the field of information technology. Companies generate a tremendous volume of data every day, which is why these experts have a variety of career prospects.
According to PayScale, the average compensation for a Data Analyst in India is ₹432k per year. However, the income of Data Analysts varies depending on a variety of factors such as the city, the organisation, the job position, the job role, work experience, and so on. We shall go over them in depth in this blog post on ‘Data Analyst Salary in India.’
Data Analyst Salary in India by Experience
A Data Analyst with less than a year of experience can expect to earn around ₹342,716 per year as a starting salary in India. This is the starting salary for a Data Analyst.
Data Analysts with 1–4 years of industry experience make ₹414,330 per year on average.
Experienced Data Analysts with 5–9 years of professional experience may earn an average annual salary of ₹676,056.
Expert Data Analysts with 10–19 years of experience can expect to earn around ₹918,116 per year.
Senior Data Analyst salaries in India are ₹1,750,000 per year for experts with more than 20 years of industry expertise.
Data Analyst Salary in India by City
We will now learn about the pay of Data Analysts in various sections of the country.
Data Analysts in Bangalore, Karnataka, make approximately 17.7% more than the national average. The average annual income in this area is ₹508k.
These professionals make around 6.6 percent less than the national average in Mumbai, Maharashtra, with a salary of ₹403k per year.
In Hyderabad, Telangana, data analysts make around 4% less. The city’s average yearly salary for Data Analysts is ₹442k.
The average salary for Data Analysts in Kolkata, West Bengal is 6% lower than the national average. Data Analysts earn an average of ₹408k per year in this city.
Data Analysts earn around ₹404k per year in New Delhi, which is 6% less than the national average.
Data Analyst Salary in India by Company
Mentioned below are the average salaries earned by Data Analysts in various companies in India (in no particular order):
Tata Consultancy Services: ₹439k/year
Accenture: ₹494k/year
Ernst & Young (EY): ₹408k/year
Amazon: ₹450k/year
Genpact: ₹350k/year
HSBC: ₹712k/year
Capgemini: ₹316k/year
Cognizant: ₹525k/year
Deloitte: ₹540k/year
IBM: ₹548k/year
Data Analyst Salary in India by Job Profile
In India, the Data Analyst salary varies according to the job profiles as follows:
Do you want to know how your target audience feels about your brand? Do you want to improve your online reputation? Prevent social media meltdowns before they happen. When it comes to answering yes, social media sentiment analysis is now more than ever before. Here’s everything you need to know about sentiment analysis, from what it is and how it works to why you should use it in your business.
Using sentiment analysis, or gauging public sentiment, is beneficial to any marketer
It adds dimension to your social media performance monitoring by enabling you to comprehend not only the content, but also the context of what users say online. This invaluable insight, which can only be gained through sentiment analysis, will reveal areas where your strategy needs to be fine-tuned to improve your results. Nonetheless, many businesses fail to capitalise on this opportunity.
Why?
The firm doesn’t know how to make use of sentiment analysis for social media, or even what sort of rewards it would provide.
Do you recognise these concerns? We will provide you with instructions on how to correctly perform sentiment analysis and use it to guide your business strategy.
What is sentiment analysis and how does it work?
Here is a simple definition of sentiment analysis:
Sentiment analysis is the technique of recognising and categorising users’ expressed opinions in text.
Sentiment Analysis
You may automate this process by reading through and categorising each message, remark, or review you receive from your audience. This procedure is incredibly time consuming, since you must filter through millions of talks in your group. To expedite the process, you can automate your sentiment analysis efforts and let intelligent algorithms handle the heavy lifting. As a result, you can instantly assess whole campaigns, compare their outcomes, and even track their evolution over time.
We will not go into detail about the mechanics of automated sentiment analysis in this section. On a fundamental level, however, it entails modern technologies, such as machine learning, natural language processing, and classification of text polarity.
All of these procedures enable you to determine the sentiment of any written content on the Internet. However, because people are particularly interested in social media, we’re going to examine how sentiment analysis works on social media sites.
Exhibit of automated sentiment analysis
Consider the following review on your Facebook page:
“I truly enjoy how simple this product is to use and how well it assists my team in completing their daily chores.”
Upon reading this sentence, it is clear that the review is positive.
However, how are computer algorithms going to determine its sentiment?
To begin, they would scrutinise each word in the review and determine whether they communicate a favourable, negative, or neutral attitude. They would then count the number of words in each category and give a sentiment type based on this count.
Sentiment Analysis
In the reviewed passage, three positively charged words – “enjoy” , “simple”, and “well” – suggest that the entire sentence is favourable.
Of course, this is a fairly simplistic example, and your audience is likely to send you more intricate signals. However, complexity is not a concern for the algorithms that perform social media sentiment analysis. Today’s powerful sentiment analysis algorithms can quickly decipher and assess the sentiment of nearly any written message. As a result, you can swiftly ascertain the sentiments and emotions conveyed by your audience’s words and reply properly.
What is the difference between social media sentiment analysis and listening?
Given the preceding scenario, you may be wondering how sentiment analysis differs from listening.
Allow me to summarise:
Social media listening is the process of monitoring discussions across social media platforms in order to ascertain what is being said about topics of interest to you.
Social media sentiment analysis is the technique of monitoring conversations across social media platforms and determining their context in order to comprehend your audience’s feelings and emotions.
Sentiment analysis, in essence, offers an essential layer of insight to social media monitoring.
It supplements the data gathered from listening and aids in the development of a more accurate picture of ongoing online discussions about your organisation.
The Advantages of Sentiment Analysis for Brands
There are numerous advantages to social media sentiment analysis that your organisation cannot afford to skip.
Five of the most critical are as follows:
Monitoring the perception of your brand. Sentiment analysis is critical for monitoring your brand’s social media reputation. It enables you to ascertain users’ perceptions of your organisation and determine what efforts you should take to improve your brand’s image.
Enhancing the sensitivity of your performance analysis. Occasionally, raw KPI data might not tell the complete storey. Social media sentiment research contextualises your performance and elucidates why particular phenomena, such as engagement spikes or follower growth, occur.
Acquiring competitive intelligence. You are not limited to measuring merely the sensations and emotions associated with your brand. Sentiment research is also effective at revealing people’ perceptions of your competitors, which can help you make more informed tactical decisions and stay ahead of the competition.
Enhancing your audience’s relationships. It is critical to understand how your audiences feel about your business in order to develop long-lasting client relationships. It enables you to customise your content and community management tactics and to ensure that your messaging is correctly received.
Recognize and avert possible disasters. Monitoring your audience’s emotions can serve as a crisis detector. By spotting an early influx of negative tone signals, you may anticipate an impending issue and take action to avert it before it spreads.
The Bottom Line
Social media sentiment research expands your performance insights to a whole new level. It allows you to discover your audience’s feelings about your brand, which can help design and improve your social media marketing approach.
So, don’t be afraid to experiment with sentiment analysis and see what benefits it might bring to your business!
The new e-RUPI solution, launched by Prime Minister Narendra Modi today, is a QR code or SMS-based e-voucher that directly arrives in a person’s mobile phone with the beneficiary’s information embedded within.
A platform for accepting payments via the internet and without the need for an internet connection has been developed by the NPCI, the retail payment nodal agency, together with other government departments on the UPI platform.
Under the current programme, government subsidies to the direct benefit transfers (DBT) are disbursed to people through Jan Dhan accounts. Once the DBT funds are added to the beneficiaries’ accounts, the beneficiaries withdraw the money. The government made a massive DBT transfer of Rs 2.96 lakh crore in 2020-21, which experts say is one of the reasons for the economy’s high cash levels.
As far as the end-user beneficiaries are concerned, there is no need to withdraw cash to get vouchers, as the e-RUPI vouchers are available to them. If DBT is successful, we could see e-RUPI adoption for many other services and payments like DBT in rural and semi-urban areas.
Stronger controls may be required to monitor any potential fraud, according to Bharat Panchal, chief risk officer of financial technology company FIS. Once such pre-paid instruments start moving from one hand to another, it would be extremely difficult to trace.
“It would be effective to match the beneficiary’s details at the time of redemption to ensure that the true beneficiary is only utilising it and not someone else,” he recommends.
In 2020-21, despite digitization initiatives in the payment space, the GDP will have already passed the 14 per cent mark in terms of cash flow. In contrast to the pre-demonetisation level of 12%, the cash to GDP ratio today is at 14.6%, which is substantially higher.
Cash in the system as a percentage of GDP is an important indicator to look at when measuring the circulation currency.
The weakest link in the digital payments chain is smaller towns and cities. Bank branches are located in remote locations in smaller cities, and the ATM network is also very limited. This forces individuals to withdraw cash in one transaction to cover their monthly expenses.
Additionally, there are tax implications associated with the banking correspondent model, which serves as a link between bank branches and account holders. For example, a bank clerk who withdraws money from accounts exceeding Rs 20 lakh during the course of a financial year has to pay TDS at the rate of 2% on cash. Withdrawals of more than Rs 1 crore in a financial year will increase your TDS rate to 5%.
As small-time traders and kirana store wallas, banking correspondents rarely file tax returns. This has caused the vast majority of banking representatives to restrict their business to amounts below Rs 20 lakh to avoid questions from bank employees.
The digital payments system e-Rupi will be launched today by the prime minister of India, Narendra Modi. A video-conferencing system will be used to conduct the launch. The PMO says that the Prime Minister has been strongly in favour of digital initiatives, such e-Rupi, and that position has not changed.
In partnership with the Department of Financial Services, Ministry of Health & Family Welfare, and the National Health Authority, the National Payments Corporation of India has created e-Rupi on the UPI platform.
In order to ensure that the intended beneficiaries are able to access the benefits in a targeted and leak-proof way, the PMO announced numerous initiatives.
E-RUPI? What is it?
The E-Rupi is a digital currency and contactless payment instrument that utilises Internet and mobile technologies. e-voucher technology is either QR code-based or SMS string-based. When generated, this voucher will be delivered to the cellphone of the beneficiaries. You may use this voucher without using a card, digital payments app or the internet.
This seamless payment method connects sponsors and beneficiaries while simultaneously distributing resources. It also ensures that the service provider is only paid when the transaction has been completed.
E-RUPI benefits
In that regard, it’s analogous to a prepaid service, in which the user provides money directly to the service provider, without the use of a middleman.
Additionally, it can be used for providing services in schemes designed to supply medicines and nutritional support, as well as for TB eradication campaigns, diagnostics, and fertilisers under Mother and Child Welfare Programs, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, and similar other programmes.
According to the statement, private companies can use these digital vouchers as part of their employee welfare and corporate social responsibility programmes.
Sentiment analysis is in high demand in today’s marketing world. Consequently, sentiment analysis has increased rapidly in importance in the marketplace, and it now holds the position of being the most critical tool in a marketer’s toolkit. That’s because many software companies are eager to get on board with this cutting-edge trend, and that’s why there are so many tools out there. Even though you’ve chosen the best tool for the job, you may discover that it’s beyond your budget. Here are eight excellent sentiment analysis tools, ranging from high to low to help you determine which to use.
Freely Available Tools
We all enjoy a freebie, and the world of sentiment analysis is no exception. A few free tools are available. While these are not the most powerful or accurate on the market, they can be extremely beneficial for those just getting started on a tight budget.
If you are just looking to monitor commentary on Twitter, Dr. Christopher Healey’s app is a handy piece of technology. This tool utilises the convenience of a web app to search for and retrieve relevant Tweets from the last seven days (the range may be a little shorter for more popular topics). Once the Sentiment Visualization app generates colour-coded results for the keyword in an easy-to-read map, it will present the results to the user. Twitter users’ individual tweets are viewable using scatter graphs because users are able to scroll their mouse over bubbles. It is clear from these graphics that each Tweet’s position in relation to:
Pleasure conveys the tweeter’s happiness.
Activation indicates how enthusiastic the tweeter is.
Dominance indicates how much this specific term dominates the overall sentiment of the section of text.
The advantages of the NCSU Tweet Sentiment Visualization App are that it is free to use.
While Meaning Cloud isn’t as well known as Dr. Healey’s application, it’s used by small and medium-sized businesses to stay competitive. The text classification, topic extraction, and section-of-speech tagging tools are all completely free to use. Unlike the Tweet Visualizer, Meaning Cloud is cross-platform, including Facebook. Along with straightforward text classification, users can enhance results by uploading custom dictionaries to Meaning Cloud. Meaning Cloud also includes a convenient Excel add-in, but it is not compatible with Excel for Mac.
The Advantages of Meaning Cloud
Entirely free to use
Excel add-in with a variety of features Custom dictionary option
Accuracy
Tools for the budget range
Affordable sentiment analysis tools are readily available for people that need it — I highlight a number of our favourites:
You may have heard that before as one of the most popular tools for mid-range sentiment analysis. Social Mention is a powerful search engine, which searches for your brand name through over 100 social media services. It will then give you the results in a single, simple list. Users can use keyword or sentence to set their search and then filter the results. The engine provides four key measurements designed to show you and the emotion behind the words. Social Mention can be used for free, and can quickly tell you if the overall tone of the words is positive, neutral or negative. Users can check their competitors as long as they are at them, of course.
SocialBakers may be the one for you, if you are looking for an affordable way to cook a marketing storm. Socialbakers are a great way to automatically analyse the feeling and brand involvement of your business in an easy-to-use perception tool. Social Bakers provides the results of all-round sentiment analysis on a wide variety of platforms and forums.
The curiously named TIFY is a sophisticated marketing tool. TIFY uses proprietary models to analyse this information quickly by collecting information from social media posts, news websites, blogs, reviews and video publishing websites. TIFY uses intuitive visuals and infographics to show the search results, one of the user-friendly and eyecatching interfaces. These simple results are ideal to read and understand what is happening online with your brand and to solve any problems.
TIFY benefits
Accessible to the SME
Flexible packages for price
Well-precise
Excellent interface
Big Spender, you there?
Just as if your brand is on the smaller side and is a SME, or if you’re just seeking a bit more power with your sentiment analysis, it’s time to take the next step and employ the heavy artillery. This is a must: you need a wallet that’s capable of handling the task.
Very well-known In 2010, the company called Repustate was founded and currently has more than 3,000 customers in six continents. Repustate, a newly launched tool, provides content providers with access to insights obtained from online media and outlets in 23 languages.
As a rising star in the sentiment analysis world, UberVu is positioned well. UberVu scans all the popular websites and social media platforms for mentions of your brand, working with giants such as Microsoft and PayPal. In order to display results quickly and easily, it then organises its findings into an easy-to-read social intelligence dashboard. UberVu looks good and performs admirably when it comes to accuracy.
Lionbridge AI offers a full service for brands looking for the best that sentiment analysis has to offer, thanks to access to over 500,000 contributors from around the world and in 300 languages. Text analysis, social listening, and emotion analysis are included among the services. The Lionbridge AI service prices are only available on request, but are said to be neither inexpensive nor particularly expensive.
The advantages of using Lionbridge AI
artificial intelligence-driven
extremely precise
Multilingual
Personal attention
Conclusion
It is true that each of the tools in our categories has its own advantages, just like in life. Tools and freebies that are of limited use for experienced sentiment analysis practitioners. Higher-end models are typically more powerful, accurate, and feature-rich.
If you want to select a career in accounts and finance. Then you must have the knowledge of two programs (ACCA Vs CA) that have several advantages over the remaining other programs and degree in the field of Accounts and Finance.
These are
CA (Chartered accountant)
ACCA (Association of Chartered Certified Accountant)
You may have question in your mind that which one is better and which one you should select as your career.
Here are the basic differences between ACCA and CA course that you must be aware of before making a final decision.
Association of Chartered Certified Accountants (UK)
Institute of Chartered Accountants of India (India)
Duration/ Tenure
Three years of study with Graduation.
Three years of study and 3.5 years of practical training.
Eligibility
Any students with 10+2 degree but to get the qualification graduation is required.
Any student with valid 10+2 degree
Course Levels
Three Levels: (i) Fundamental module (ii) Skill module (iii) Professional module
Three Levels: (i) CA Foundation (CPT) (ii) CA Intermediate (IPCC) (iii) CA Final (FC)
Papers
Total of 13 Papers 3 Papers (Fundamentals) 6 Papers (Skill) 4 Papers (Professional) with options
Total of 20 Papers 4 Papers (CA Foundation) 8 Papers (CA Intermediate) 8 Papers (CA Final)
Recognition
Globally Recognized (180 countries)
Recognized in India
Articleship
Not Required to get the degree
Required for 3.5 years
Course Fee
INR 2 Lakh to INR 3 Lakh
Less Than INR 1 Lakh
Flexibility
ACCA is much more flexible than the CA course as students are allowed to attempt a single paper in each attempt.
The CA program is not flexible, and students are required to attempt a minimum of one group at a time.
Signing Authority
An ACCA does not have the authority to sign the audit report in India.
A practicing Chartered Accountant (CA) has the authority to sign the audit report in India.
Is ACCA easier than CA?
Yes, ACCA is easier than CA
CA is more difficult to complete than ACCA
ACCA vs CA
ACCA Vs CA – Which is Tougher? (Is ACCA is easier than CA?)
ACCA Vs CA
CA is having 7 papers more than the ACCA. The passing percentage of both the group in one time is around 4 to 5 % in CA. Some time it is less than 2%, whereas the passing percentage is around 40 to 50% in ACCA. However, to get the degree of ACCA you must complete the graduation as well, whereas to complete the CA graduation is not required.
Attempting one group at a time will increase the passing percentage but it will take another six months to complete the CA provided you will not fail in any paper of the group. On the other hand, in ACCA, you can attempt one paper at a time or all the papers at the same time, and you can appear 4 time in a year in the examination. If you fail in any paper in the examination, then after three month you attempt that single paper only to pass the ACCA.
In case of CA examination if you will fail in any subject then you have to appear all the paper in that group. A group consists of 4 paper, and it is required complete all these paper again. But if student will fail in any paper of the ACCA then he/she has to reappear in that particular paper only. So, we can say that CA is far more tough to complete than ACCA, in other word ACCA is easer than CA.
ACCA Vs CA – Which is Better for a Career?
ACCA and CA both are having distinguished career, but they differed in some respect therefore they have different career prospect in India and Abroad. The CA course is having better career in India and the ACCA is having better career in abroad. The detail is as follows.
ACCA Vs CA – In India
CA is most respected course in Accounts and Finance in India. The CA with the membership with ICAI has right to become the statutory auditor of any legal entity. No other program or degree is having this privilege in India. They are also expert of the Indian Taxation, Accounting Standards and Audit Assurance, so the Indian companies prefer CAs to handle the overall accounts rather than ACCA. However multinational companies are preferring ACCA rather than CAs even in India due to his expertise in the internationally recognized knowledge and certification. This makes ACCA certificate holders easy to grab jobs at companies like JP, PwC, KPMG, etc.
CA Vs ACCA – In Abroad
ACCA is a globally recognized course and is accepted in 180 countries around the world. One who holds an ACCA certificate can work in companies abroad. An ACCA certificate holder has the knowledge of the CA course along with additional knowledge of UK Laws, FAAP and IFRS. In many countries they are allowed to work as statutory auditor directly or after passing the specific tax paper of that country. So, if you are interested in making a career abroad, ACCA would be a better option for you.
CA Vs ACCA – Which Has More Advantages?
ACCA vs CA
Considering all aspects of these courses mentioned above, here we have drawn a conclusion for which course is more advantageous.
Flexibility with Aritcleship: In this category ACCA is better than CA as you need not to complete the articleship to get the degree however after getting the degree your work experience in the relevant field will be considered as articleship to get the membership in ACCA. ACCAs can start their 3-year work experience before, during or after their exams. The start and end date are left up to the discretion of the students. Therefore, you can comfortable complete the course within 3 year with the graduation.
But in case of CA, you have to complete the articleship after completing the CA-Inter to appear in the final examination and therefore, it take approx. 5 years to complete the course.
Exemptions
ICAI provides no exemptions to students pursuing CA.
ACCA provides many exemptions, such as:
Graduation: 4 exemptions of 13 ACCA exams.
IPCC passed + Graduate: 6 exemptions of 13 ACCA exams.
If you have CA qualification then you can get up to 9 paper exemption, apart from that a few universities in India are entitled to give 9 paper exemption with their B.Com degree for example B.S. Abdur Rahman Crescent Institute of Science and Technology is offering B.Com (Hons) with 9 paper exemption and B.Com (Accounts and Finance) with 6 paper exemptions.
Initial Salary: Since the CA program focuses on the Indian tax and financial system, companies here usually look for a CA more than for an ACCA. So, the initial salary offered to Chartered Accountants is generally higher than that of ACCA. The average initial salary of a CA in India is up to INR 8 LPA or above and for an ACCA, it is up to INR 5.7 LPA. In abroad the ACCA is having better position than CA.
Duration: You can compete the ACCA and become certified professional with your graduation degree i.e., within three years only. However, to complete the CA minimum time required is around 5 years provided you have not failed in any attempt.
Recognition: As we have mentioned earlier, ACCA is a globally recognized program. Which means that candidates who have completed the course are eligible to apply in 180 different countries. CA, on the other hand, has a monopoly in India as it specializes in Indian systems. So, depending on where you want to work, you can choose one of these two courses.
Course Expenses: ACCA course is more expensive than CA as it is UK based course and globally recognized. The expense on CA would be around 1 lakh whereas ACCA costs will be around 2.5 lack. However, if you will take the proper coaching to complete the CA then the cost to complete the CA will be equal or even more than ACCA.
Level of Difficulty: The data shows that CA is far more difficult than the ACCA course. As I said earlier that the passing percentage of CA is around 5 to 10% whereas the passing percentage of the ACCA is around 40 to 50%
Conclusion
When considering ACCA vs CA, it is essential to weigh the factors such as salary, scope, syllabus, field of work, difficulty level, fees, and duration. Both ACCA and CA offer excellent career prospects and opportunities for growth in the field of accounting and finance. The choice between the two courses depends on your career goals, preferences, and aspirations. If you are looking for a global perspective and international career opportunities, ACCA may be the right choice for you. On the other hand, if you want to specialize in Indian tax laws and work in the Indian market, CA can provide a strong foundation. Ultimately, it is important to choose a course that aligns with your interests, strengths, and long-term career objectives.
Italy defeated COVID-19 and COVID-19 is bacteria not virous is viral on the net particularly on Facebook.
A viral message in Hindi claims that “Italy has defeated coronavirus”. It says that the country performed autopsies on patients who died of COVID and found they had died of “5G electromagnetic radiation”. The wrong message is under circulation when the country is facing the tough time due the COVID-19 disease and it is extremely dangerous for a person with low immune capacity.
However, it is true that there is several suspicion and rumor related to disease are present in the society and in many places, people found the unethical conduct of the doctor that increase the suspicion and finally support to spread these types of rumor. These types of rumor were also present in the last year.
The rumor claims the followings
Italy defeated COVID-19?
COVID-19 is a bacterium, not a virus.
There is a ‘World Health Law’ prohibiting autopsies on the patients who died of COVID-19
The WHO ordered immediate incineration or burial of the deceased COVID-19 patients
The WHO labelled the bodies of COVID-19 patients as highly polluted
Italy became the first country to conduct an autopsy on COVID-19 patients
The Italian Ministry of Health immediately changed COVID-19 treatment protocols in response to autopsies
The ventilators and the ICU were never needed for COVID-19 patients
Italy defeated COVID-19
5G amplified COVID-19
In Reality, the above claims are false.
However, an article published with a title “Postmortem Findings in Italian Patients With COVID-19: A Descriptive Full Autopsy Study of Cases With and Without Comorbidities” that claim certain findings that is totally different from the rumor mentioned above. The above article is published in The Journal of Infectious Diseases, Volume 222, Issue 11, 1 December 2020.
The abstract of the article is as follows
Background
Descriptions of the pathological features of coronavirus disease-2019 (COVID-19) caused by the novel zoonotic pathogen severe acute respiratory syndrome coronavirus-2 (SARS-CoV-2) emanate from tissue biopsies, case reports, and small postmortem studies restricted to the lung and specific organs. Whole-body autopsy studies of COVID-19 patients have been sparse.
Methods
To further define the pathology caused by SARS-CoV-2 across all body organs, we performed autopsies on 22 patients with COVID-19 (18 with comorbidities and 4 without comorbidities) who died at the National Institute for Infectious Diseases Lazzaro Spallanzani-IRCCS Hospital, Rome, Italy. Tissues from the lung, heart, liver, kidney, spleen, and bone marrow (but not the brain) were examined. Only lung tissues were subject to transmission electron microscopy.
Results
COVID-19 caused multisystem pathology. Pulmonary and cardiovascular involvement were dominant pathological features. Extrapulmonary manifestations included hepatic, kidney, splenic, and bone marrow involvement, and microvascular injury and thrombosis were also detected. These findings were similar in patients with or without preexisting medical comorbidities.
Conclusions
SARS-CoV-2 infection causes multisystem disease and significant pathology in most organs in patients with and without comorbidities.
The above article is free, and you can download it here for full reference.
However, it is true that the pandemic result in the reduction of the faith on the doctors and the hospital particularly the big hospital. This is a serious issue, and it must be addressed. And at the same time government should disclose the health threat of the 5G network.
