Effect of RUSSIA-UKRAINE WAR on India from different Aspects

By: Sparsh Dayal

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Updated on: 24-Feb-2022

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As Russia declared war against Ukraine, the impact of the same could be seen on the markets.

IMPACT ON RUSSIAN MARKET

The Moscow stock exchange on Thursday suspended operations after Russian President Vladimir Putin declared war against Ukraine. The exchange did not announce any time frame for resumption of operations.

The operations on the Moscow stock exchange or Moex were halted indefinitely following a 14.2% drop since Monday, the biggest single day fall since 2014.

Ruble, the official currency of the Russian Federation, fell by 3.5% after Russia's invasion of Ukraine. Meanwhile, Asian currencies and stocks were battered on Thursday with shares in Singapore and India losing about 3% as Russian attacks on Ukraine spoiled investors' appetite for risk.

International crude oil breached $100 a barrel for the first time since 2014, making palm a more attractive option as biodiesel feedstock.

IMPACT ON INDIAN MARKET

The share market plunged more than 3% in early morning trade on Thursday, as investors fled risk assets after Russian President Vladimir Putin declared war against Ukraine.

The blue-chip NSE Nifty 50 index was down 3.24% or 552.95 points at 16,510.30 and the S&P BSE Sensex was 3.28% or 1,874.56 points lower at 55,357.50. Both indexes opened more than 3% lower and were headed for their longest losing run since March 2020, down for a seventh straight session.

Explosions rocked the breakaway eastern Ukrainian city of Donetsk after Russian President Vladimir Putin authorized a military operation on Thursday in what could be the start of war in Europe over Russia's demands for an end to NATO's eastward expansion, according to a report.

In Mumbai, the Nifty Realty index .NIFTY REAL and the Nifty public sector bank index .NIFTY PSU were the top losers, losing more than 3% each.

As Ukraine and Russia start the war, prices of essential commodities are likely to rise in India.

Tremors of the Russia-Ukraine crisis are likely to be felt by the aam aadmi in India as costs of essential commodities are set to rise. While tensions between Russia and Ukraine increase, the global economy is on tenterhooks. From natural gas to wheat, experts believe that prices of multiple commodities will increase in the near future.

On Thursday, Russian President Vladimir Putin ordered an invasion of Ukraine. He said that it was aimed at 'demilitarization' of Ukraine and added that Moscow does not plan to occupy Ukraine.

Here’s what is likely to be impacted in the days to come:

PRICE OF NATURAL GAS TO RISE

The Ukraine-Russia crisis has pushed Brent crude oil price to $96.7 per barrel, the highest it has been since September 2014.

Russia is one of the biggest producers of crude oil. The current crisis can lead to prices shooting up to more than $100 per barrel in the days to come. An increase in crude oil price will have a spillover impact on global GDP.

Analysis by JP Morgan notes that a spike in oil prices to $150 a barrel would reduce global GDP growth to just 0.9%. Crude oil-related products have a direct share of over 9% in the Wholesale Price Index (WPI) basket. An increase in Brent crude prices, hence, will increase India's WPI inflation by around 0.9%.

According to experts, the price of domestic natural gas (CNG, PNG, electricity) could increase tenfold now the war has started.

LPG, KEROSENE SUBSIDY WILL INCREASE

The rise in crude oil prices is expected to increase the subsidy on LPG and kerosene.

PETROL, DIESEL PRICES WILL RISE

In the past, high crude oil prices have contributed to the increase in petrol and diesel prices across the country. India witnessed record highs in terms of fuel prices in 2021.

If the Russia-Ukraine crisis continues to simmer, India could see an increase in petrol-diesel prices.

Oil consists of about 25% of India’s total imports. India imports more than 80% of its oil requirement. A rise in oil prices will impact the current account deficit.

FOOD (WHEAT) PRICES WILL RISE

If there is an interruption in the flow of grain from the Black Sea region, experts fear it could have a major effect on prices and fuel food inflation.

Russia is the world's top wheat exporter while Ukraine is the fourth largest exporter of wheat. The two nations account for nearly a quarter of total worldwide exports of wheat.

According to a recent United Nations report, food prices have already climbed to their highest level in more than a decade largely because of the impact of the pandemic on food supply chains.

The days to come could see volatility spikes in energy and food prices. The resultant investor sentiment could threaten investment and growth in economies around the world.

PRICE OF METALS WILL RISE

The price of palladium, a metal used in automotive exhaust systems and mobile phones, has soared in recent weeks amid fears of sanctions being imposed on Russia. The country is the world’s largest exporter of palladium.

NVIDIA Launches Affordable Jetson Orin Nano AI Supercomputer: Generative AI Supercomputer

By: Bhumika

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Updated on: 20-Dec-2024

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Key Highlights

NVIDIA unveils the Jetson Orin Nano, a budget-friendly generative AI supercomputer. Priced at $249, it’s compact yet offers 67 TOPS of AI performance. Designed for developers, students, and small businesses to explore edge AI and robotics. Offers 50% better memory bandwidth than its predecessor, boosting efficiency.

NVIDIA’s Compact AI Supercomputer

The Jetson Orin Nano, NVIDIA's most affordable generative AI supercomputer, is now available for $249 (about ₹21,000). With its potent capabilities and affordable pricing, this palm-sized device is revolutionizing AI for developers, corporations, and hobbyists.

The Jetson Orin Nano is part of NVIDIA’s Jetson lineup, known for compact, high-performance computing devices. It is specifically designed for robotics and AI to introduce cutting-edge AI capabilities to a wider range of users, including students and enthusiasts.

Powerful and Efficient Hardware

The Jetson Orin Nano has a 6-core ARM CPU that can perform up to 67 trillion operations per second (TOPS) and is powered by NVIDIA's Ampere architecture. As a result, it can manage challenging AI tasks like generative AI models, computer vision, and natural language processing (NLP).

With a memory bandwidth of 102GB/s, the Orin Nano delivers a 50% boost over its predecessor. For demanding workloads, this improvement guarantees improved efficiency and faster data processing.

How It Works

The Jetson Orin Nano combines powerful GPU, CPU, and software tools to simplify AI development. The integrated GPU excels in parallel processing, enabling seamless training and deployment of AI models. NVIDIA has also introduced software updates that enhance the generative AI performance of the Orin Nano, further improving its capabilities for existing users.

Applications and Use

This supercomputer has been designed for edge computing real-time AI applications. It’s suitable for applications in robotics, autonomous systems, and smart cities, where low latency and speedy decision-making are critical. It can be used by developers to test generative AI tasks, deploy AI models, and develop creative solutions.

The Orin Nano gives users access to pre-trained models and development tools as part of NVIDIA's extensive AI software ecosystem. For both novices and experts, this makes it a flexible platform.

Why It Matters

The introduction of the Jetson Orin Nano emphasizes how crucial edge computing and reasonably priced AI solutions are becoming. Tasks that traditionally required enormous data centers may now be handled on a tiny device, cutting infrastructure costs and speeding up AI deployment across industries including healthcare, manufacturing, and logistics.

A Leap Towards Accessible AI

With its affordable price, powerful performance, and compact design, the Jetson Orin Nano is paving the way for a future where AI is accessible to everyone. Whether for personal projects or industrial applications, this supercomputer opens new doors for innovation.

In summary, NVIDIA’s Jetson Orin Nano is a compact AI supercomputer designed to make cutting-edge AI accessible to a wider audience. Priced at $249, it delivers impressive performance with 67 TOPS and improved memory bandwidth. Ideal for robotics, edge AI, and generative AI tasks, it provides a cost-effective way to explore and deploy AI solutions. As edge computing becomes more critical, the Orin Nano represents a step forward in affordable and efficient AI development.

Samsung Galaxy Tab S10 FE Listed on BIS: Launch in India Soon

By: Bhumika

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Updated on: 20-Dec-2024

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##Key Highlights

• Samsung Galaxy Tab S10 FE is listed on India’s BIS certification website.
• Two models with different battery capacities are expected.
• The tablet may come in Wi-Fi and 5G variants.
• The launch could happen before July 2025, based on other hints.

Samsung is getting ready to release the Galaxy Tab S10 FE, a successor to the **Tab S9 FE from last year, in India. The Bureau of Indian Standards (BIS) website has seen the impending tablet, suggesting that it may soon be available in Indian markets.

There will likely be two Galaxy Tab S10 FE variants, each with a different battery capacity. Model numbers EB-BX526ABE and EB-BX526ABY were used to list the battery details. This implies that Samsung might sell the tablet in two different versions, one of which might be a 5G model. The advertisement, however, provides no information about the precise debut date or additional features.

Interestingly, a recent update on Samsung’s US website mentioned the Galaxy Tab S10 FE series, stating that customers in the US who purchase it will get one year of the note-taking app Goodnotes for free. This offer is valid for purchases made before July 31, 2025. Based on this, it’s likely that the tablet will launch before that date.

The Galaxy Tab S10 series is expected to include the Galaxy Tab S10 FE, Galaxy Tab S10, and Galaxy Tab S10 Ultra. Samsung’s FE (Fan Edition) tablets are known for offering premium features at an affordable price, so this launch could attract buyers looking for high-quality tablets without breaking the bank.

Summary

While Samsung hasn’t officially confirmed the Galaxy Tab S10 FE launch date, the BIS listing and other hints suggest it could arrive in India soon. Fans of Samsung’s tablets can look forward to an exciting addition to the Galaxy Tab lineup.

Oppo Reno 13 Going to Launch in India: Exclusive Color Option Leaked

By: Bhumika

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Updated on: 20-Dec-2024

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Key Highlights:

• Oppo Reno 13, launched in China, may soon debut in India with an exclusive dark blue or purple option.
• The phone features a 50MP dual rear camera, Android 15-based ColorOS 15, and a MediaTek Dimensity 8350 chipset.
• A live image leak hints at a similar design to the Chinese model but with potential tweaks for the Indian market

Oppo is gearing up to launch its Reno 13 series in India after its November debut in China. A leaked live image suggests that the Indian version of the Oppo Reno 13 might feature an exclusive dark blue or purple shade, which sets it apart from China's black, light blue, and light purple options.

The handset is expected to carry similar specifications as its Chinese counterpart, making it an appealing choice for tech enthusiasts.

Design and Features

The Oppo Reno 13 India variant appears to maintain the sleek design of its Chinese version, featuring a rectangular camera module on the back with rounded edges. The module houses three sensors and a ring-shaped LED flash. The letters "AI" inscribed on the camera setup suggest advanced AI capabilities for photography.

The leaked image also hints at a premium build, with the rear panel and camera bump possibly crafted from a single piece of glass. A unique glow around the camera module adds a touch of elegance.

Oppo Reno 13 Key Specifications

India Launch Details

The Oppo Reno 13 series, including the base and Pro variants, has been spotted on various certification sites like BIS and TDRA, signaling an imminent launch in India and other global markets.

In China, the Reno 13 comes equipped with powerful features like a MediaTek Dimensity 8350 chipset and robust battery life, which are expected to be retained for the Indian market.

Summary

With its sleek design, advanced camera features, and premium build quality, the Oppo Reno 13 is set to be a promising addition to India’s smartphone market. The exclusive color option adds a unique touch, catering to users who value style and functionality.

Stay tuned for the official announcement and pricing details, as Oppo continues to impress with innovative releases.

ChatGPT Comes to WhatsApp: A Step Towards Accessible AI

By: Bhumika

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Updated on: 19-Dec-2024

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OpenAI has brought exciting news for AI enthusiasts! ChatGPT, the popular AI-powered chatbot, is now available on WhatsApp. This update allows users to chat with the bot directly on their phones, tablets, or PCs without needing to download an app or create an account.

What’s New?

On December 18, OpenAI announced that ChatGPT is now accessible to everyone via WhatsApp and phone calls. This marks a significant step in making artificial intelligence more widely available. OpenAI has already introduced ChatGPT as an app for iOS, Android, Mac, and Windows. Now, this latest update aims to lower the barriers for people to explore AI technology.

How to Use ChatGPT on WhatsApp

Getting started with ChatGPT on WhatsApp is simple:

• U.S. Users: Call toll-free at 1-800-CHAT-GPT (1-800-242-8478).
• Global Users: Scan the QR code provided by OpenAI or save the official ChatGPT number shared during the live demo.

With this update, users can seamlessly interact with ChatGPT for assistance, entertainment, or learning, right from their favorite messaging app.

Why It Matters

Antonia W., a product manager at OpenAI, highlighted the importance of this move during a live demo. She stated, “We care about reducing barriers for more people to try AI and see what it can do.” OpenAI’s vision is to make advanced AI tools accessible to as many people as possible, and this update is a big step in that direction.

Now, with ChatGPT on WhatsApp and via phone, AI-powered conversations are just a tap or call away!

HMD Arc Launched in Thailand: Affordable, Repairable Smartphone with Android 14 Go

By: Bhumika

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Updated on: 19-Dec-2024

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Key Highlights

• HMD Arc launched as an affordable smartphone in Thailand.
• Features include a 6.52-inch HD+ display, a 13MP rear camera, and Android 14 (Go Edition).
• It has a repairable design, a 5,000mAh battery, and support for up to 128GB of expandable storage.

HMD Global has introduced the HMD Arc, a budget-friendly smartphone with a self-repairable design. The phone allows users to replace the battery or screen without needing professional assistance. It comes with a 6.52-inch HD+ display and a 13MP rear camera and runs on Android 14 (Go Edition), making it ideal for everyday use.

HMD Arc Key Specifications

The HMD Arc also boasts night mode, professional mode, and slow-motion recording for photography enthusiasts. It has a sleek design, measures 166.4 x 76.9 x 8.95mm, and weighs 185.4g. The device offers dust and water resistance, varying slightly by region (IP52 or IP54).

Powered by the Unisoc 9863A chipset, the phone includes 4GB of RAM and 64GB of internal storage, which can be expanded via a microSD card. The company has promised quarterly security updates for two years of consistent software protection.

The standout feature is its self-repairable design, which simplifies maintenance and extends the phone's usability. It also provides a solid 5,000mAh battery and Android 14 (Go Edition), ensuring smooth performance for essential tasks.

Conclusion

The HMD Arc is a practical and affordable smartphone tailored for users who need essential features, reliable performance, and easy repairs. While the price and wider availability details are yet to be announced, its specs and design make it a strong contender in the budget smartphone market.