A sneak peek of a typical Varsity Live session - immersive, real interaction, and super informative.
Commodities trading in Hindi is up next - 20th June. Registration link in bio.
@Nithin0dha@BaluGorade That is one of the reasons I waited patiently for you to go international, and did not jump into the already established ones.
Waiting for the launch...
Any tentative dates ? @Nithin0dha
@CaVivekkhatri Updating nominees, is that also easy?
My colleague had to do the rounds and bribes asked when her father expired and wanted to take out the EPF proceeds. Any idea if this is also simplified?
This poor family is standing under the scorching sun with a DAIKIN AC, alleging that they have been cheated.
They say they purchased a DAIKIN AC from a showroom for around ₹39,000, and were assured of a 5-year warranty at the time of purchase.
However, within just one and a half years, the AC stopped working and started leaking water.
When they approached the showroom, they were told to contact customer care.
Customer care informed them that the warranty was only for 1 year, which has now expired.
Now, they are being asked to pay ₹15,000 to ₹20,000 for repairs.
The family says that after spending ₹40,000 on the AC, how can they afford such heavy repair costs every year?
They allege that the showroom falsely promised a 5-year warranty and misled them into buying this expensive AC.
We’re excited to launch a fun and interactive financial literacy program for kids aged 8+ covering money basics.
Sessions will be held in both Hindi and English through activities, skits, games, and quizzes. Kids will explore:
- Budgeting basics
- Smart spending habits
- The magic of compounding
- Banking fundamentals
- Online financial safety
📍Online. Date: 10th May (Sunday)
⏰ Time: 11 AM – English; 4:30 PM – Hindi
Registration link in the comments!
If you look at listed brokers, you’d probably think we are in a bull market, but the data shows something else. In fact, there are a lot of conflicting signals. Cash market turnover is still below where it peaked in late 2024. Net direct equity inflows, for example, are negative for the first time since FY19.
So where is there so much enthusiasm around capital markets related investment themes?
Could be the strong equity mutual fund flows and SIP flows. Gross SIP flows are at a record ~32,000 crores. But the major brokers offer direct mutual funds, so they don’t make anything, including us.
Speculative activity has held up despite everything. The MTF book across the industry has grown significantly. Our own book has grown from 0 to ~7000 crores in about 1.5 years.
Brokerage income as a ratio of client float for most listed brokers is around 40% or above. With us, it’s sub 9%. That means clients are trading far more with these platforms relative to the funds they hold there. Could be all triggers and nudges to trade?
Our own philosophy has always been to not push or induce customers to trade. In trading, for most people, fewer trades are always better. That means leaving a lot of revenue on the table. Whether that’s the right call, time will tell.
So is it a bull market? The answer is it depends on where you are looking.
Hello. How are you? Thank you. I love you. Please.
Some of the most frequently translated phrases of the past 20 years!
Google Translate began twenty years ago with a mission to help people understand one another, regardless of the language they speak. What started as a small experiment has become a global tool that helps over 1 billion users every month.
In that time Translate has evolved from simple pattern matching to true understanding. In 2006, it relied on statistical machine learning to look for patterns in small word clusters. By 2016, we pioneered a shift to neural networks to move beyond literal word-for-word translations, and today we’re using our powerful Gemini models to make Translate even more helpful.
We are moving from text to fluid, real-time conversations. With our latest models, you can even use your headphones as a personal interpreter that preserves your original tone and cadence - it’s an amazing experience!
One of the interesting things about AI is that as we make progress, we begin to take it for granted. If you met a person who could translate across a hundred languages faster than any human can, you would be so impressed. Today, one product does that for nearly 250 languages, and we kind of just shrug.
Being able to say thank you in 250 languages is not something I take for granted. So to the 1 billion who use Google Translate - merci, dhanyavaad, arigatō, gracias, and thank you! Let’s see what the next 20 years will bring.