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Importance of HR Analytics in Organization – Important Metrics in HR Analytics

Analytics is the interpretation of data patterns that aid decision-making and performance improvement.  The concept of Analytics can be widely used in Human Resource (HR) management as well.  HR analytics is a data-driven approach to managing people at work.  HR analytics, also known as people analytics, workforce analytics, or talent analytics, revolves around analyzing people's problems using data collected to answer critical questions about an organization.  The Analytics in HR involves the Read more [...]

Growing Solar Energy Generation in India and Factors Influence the Growth of Solar Energy in India

The recent trends in the growth of solar energy in India points out that the solar energy is going to be the future of energy generation in India. The solar installed capacity in India in 2018 was 26 GW reflecting a higher growth rate of 53% compared to previous year.  The industry reported generation of 17 GW of energy in the year 2017.  The National Solar Mission of Government of India has set a higher target by 2020, and the government has taken steps t to reach the target on time. The total Read more [...]

Growth of Banking Sector India – Contribution of Public Sector and Private Sector Banks in Economy

The Banking Sector in India has undergone a paradigm shift from traditional banking to digital banking over the past decades. In spite of the global economic turn down, the India’s Banks are sufficiently capitalized to resilient the macro-economic risks.  Today there are 19 Public sectors banks are there in India including State Bank of India.  In addition to that there are 49 foreign banks, 56 regional rural banks, 1,562 urban cooperative banks and 94,384 rural cooperative banks operating in Read more [...]

Growing Health Care Industry and Technology Changes in Healthcare System

There are multiple factors which influence the growth of health care system. The growing incidence of lifestyle diseases, ageing population, rising demand of affordable health delivery system, and government initiatives are a few such factors.  It was further influenced by technological changes, and the tax benefits/ incentives in the health insurance. Technology plays is going to change the overall scenario in the healthcare industry in the coming few years.  Artificial intelligence helps in Read more [...]

Influence of Demonetization in Growing Digital Payment in India

The digital payment industry in India is stepping into new phase post the demonetization in Nov 2016.  With increasing mobile internet users, progressive regulatory policies the digital payment methods are rapidly increasing among all types of consumers.  Any purchase of goods or services through digital mode using internet is known as Digital Payment.  The money is transferred and received online without physical interaction of hard-cash, cheque or demand draft. The market started to see growth Read more [...]

EMERGENCE OF 5G TECHNOLOGIES IN INDIA– HOW LONG WILL IT TAKE TO EXPERIENCE THE 5G INTERNET SPEED?

India ranksat 109th position among 124 nationsworldwide in 2018 for mobile internet speed, with an average download speed of 9.12Mbps with a global average of 23.54Mbps.  The country is expected to get 5G technology by the end of 2022 to increase the speed of the internet services it provides. 5G is a fifth-generation cellular technology that will increase the downloading and uploading speed over the mobile network and reduce the responding time taken by the network as a result increase in energy Read more [...]

Importance of Financial Analysis in Business Plans – Overview of Main Components of Financial Forecast

Business planning is vital for the survival of any business.  The business plan is a strategic tool for an entrepreneur.  A well drafted business plan helps to focus on vital activities of an enterprise in order to make it succeed.  A good business plan will have both short-term and long-term objectives.  The management needs to focus on those objectives per the defined time scale. Appropriate financial planning and forecasting give life to business plan.  The financial planning includes Read more [...]

QuickBooks Bill Entry Process – Overview of Invoices and Pay methods in QuickBooks

QuickBooks is an accounting software package and it targets mainly small and medium-sized businesses.  The process in QuickBooks needs to be handled by an experienced hand. QuickBooks   has the option to set up invoice for selling products, and what are the credits and debits are made under the business we record the all transactions. The bills that are needed to be processed basically contain two types of transactions: Direct bill payment and Visa payment. The QuickBooks software contains Read more [...]

What is a Business plan? What are the Types of Business Plans and its Contents?

Business plan is a document that serves as a road map to give direction to any business enterprise.  Generally, it is a formal written document containing business goals, methods to achieve such goals.  It also includes the time frame within which these goals need to be achieved with proper definition of short term and long term goals.  It describes the nature of the business, background information of the organization, financial projections, and the strategies it intends to implement to achieve Read more [...]
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