"Janhavi Phadnis Bapat is a Treasury and Finance professional for 13 years and a Corporate Treasury Consultant / Finance Consultant. She can be reached on janhavi.phadnis@gmail.com"
In my childhood I used to dream that I am playing with my dad (who was a practicing CA) for the entire day.. and a robot sitting in my dads chair is doing all his work!!.. It sounded like a fairytale that time.. But today its quite a possibility.. All thanks to Artificial Intelligence i.e AI or robots or chatbots.
USD is trading at another high.. and we are saying this almost everyday for last few days… After trading steadily at around Rs 63- Rs. 65 till March 2018, USD is appreciating and INR is depreciating for various reasons almost everyday. The combined result is – Rupee falling steadily towards Rs 68 + in a short span of 2-3 months.
The latest technological novelty that raised the curiosity of the whole world, last year is virtual currency or cryptocurrency. The most popular one amongst these is Bitcoin. Bitcoin which operates like a wallet has gained significantly in last 1 year. The value of 1 bitcoin has increased from $1000 last year to around $8000 this year with a high of $19,000 in December 2017.
With the latest Rs. 11,000 crore scam by a world-renowned jeweler Nirav Modi and his firms, several questions arise in our minds. This is a willful scam carried out by few bank officials and the jeweler. Having said that the involvement of top politicians and RBI officials cannot be ruled out.
