July 13, 2020 Dose 18

The Capsule

What's up folks? On this year's World Population Day, the U.N. highlighted plights faced by women during COVID-19. Tune in virtually on July 13-14 to Girl Up Leadership Summit to hear what Meghan Markle and others have to say.

Documents in a folder with Trump Organization insignia

TOP STORIES

Foreign bound travelers will need a Covid-19 clearance within 96 hours of a flight

ICT State Minister Palak calls on Bangladesh Bank to consider cryptocurrencies

Sachin Pilot has refused to attend a Congress meeting called for by Chief Minister Ashok Gehlot

Digging Deeper: Sachin Pilot is the President of Congress' Rajasthan wing and Deputy Chief Minister of Rajasthan. After a massive defeat in 2013, he brought the reins back to Congress in the region. However, there have been recent allegations of him revolting against his government. Taking this as a humiliation on part by Chief Minister Ashok Gehlot, Sachin, along with 30 of his loyalist MLAs, has refused to attend the Congress meeting with rumors of a potential BJP switch floating around.

India and China agree for total disengagement and restoration of peace along Line of Actual Control

The stock exchange sees its longest bull run since Jan 2018 with a 3.3% rise over the week

The Central Bank cut interest rates further in a bid to stimulate the economy

Nepal's telecommunication watchdog has directed service providers to limit the number of SIM cards issued per person

MARKET INDEX

SOUTH ASIA

TODAY

1-DAY

YTD

DSEX

4,099

+ 0.93%

-7.96%

SENSEX

36,594

-0.39%

-11.50%

KSE100

36,190

+ 0.13%

-12.58%

CSE

4993

+0.53%

-18.2%

GLOBAL

S&P

3185

+ 1.05%

-2.24%

FTSE

6,095

+ 0.76%

-19.85%

OIL

43

- 0.51%

-35.09%

GOLD

1801

+ 0.11%

+ 18.53%

TECHNOLOGY AND STARTUPS

Instagram Reels - The new TikTok of India (and a clever competitive strategy)

Paperfly launches cashless pay service in Bangladesh

What it means: The COVID-19 pandemic has seen an increase in online payments. However, most consumers are still uncomfortable paying for a good before they receive it and hence, favor cash-on-delivery. Paperfly's new service aims to replace this with its cashless pay service, which would not require any point of sale (POS) machines. It will essentially allow users to pay for their goods online after they have received it, taking the contact associated with cash out of the way.

Joining the likes of Facebook and Intel, Qualcomm decided to invest Rs 730 crore ($97 million) for a 0.15% stake in Mukesh Ambani's Jio Platforms Limited

A startup you should follow:

Smallcase brings you a new way to invest in India. Instead of trading individual stocks, it allows you to invest in smallcases ' a basket of stocks weighted to reflect a theme i.e. an index. From simple themes like IT, banking, and pharma to more unique ones like electric mobility and smart cities, you are sure to find a portfolio of your liking. They are available on some of India's largest brokers like Zerodha, HDFC Securities and Kotak Securities.

SPORTS CORNER

After bringing home Bangladesh's first U-19 cricket world cup, head coach Naveed Nawaz and conditioning coach Richard "The Pagla" Stonier get contract extensions

The Windies beat England by 4 wickets in 1st Test

PROFESSIONAL DEVELOPMENT

We all procrastinate. For some, it is not a big deal but for many, it is a nuisance. While there is no magic formula around it, here are some ways to get the work done:

  • Break down your tasks: A 2000-word essay assignment due in a fortnight might seem daunting at first. Break it down to about 150 words a day. Now that doesn't sound too scary! Every big task can be broken down into smaller chunks. Not only does the job get easier, but it also allows you to focus more on each component
  • Set Deadlines: Some tasks come with preset deadlines, while many don't. Setting your own deadlines and keeping a calendar of tasks will help you stay on top of your work.
  • Use Task Managers: Many apps help you keep track of your errands. Microsoft To Do, and Google Tasks are an efficient way of keeping track of your work. With custom reminders in place, you are more likely to get your job done on time.

Get to know more from Tim Urban as he breaks down a procrastinator's mind in this insightful Ted Talk.

KEEP IT SHARP

What disappears the moment you say its name?

HERE'S SOMETHING INTERESTING

COVID-19 has turned the world upside down -- but what does a world post 'rona szn' look like? PGIM came out with a report to provide possible answers. Here are three trends they outlined:

  1. There will be a new era of government intervention/onshoring: Some assets, e.g. AI, nuclear power, food chains etc. are too strategic to leave to free markets which often favor over-dependence on global supply chains for cost optimization.
  2. The asset-light trend is going to accelerate: Even as early as 2015, intangible assets made up ~85% of the value in the U.S. S&P 500. This is only set to increase further with a higher share of software assets vs. brands
  3. Real estate will place a premium on safety and space: The trend of packing many people next to each other may not be as attractive anymore. Even in South Asia, where population density is higher, significant internet penetration and proven remote work models may introduce decentralization away from megacities.

OF ARTS AND ARTISTS

That Brown Couple is our favorite Kiwi-American-Bangladeshi couple. Once upon a time, they were just two strangers... until Taz slid into Romy's DMs, and the rest is history!

We think it's essential for young people to know the right etiquette when it comes to speaking to someone completely new on the internet. The Capsule collaborated with That Brown Couple on an IGTV video for some tips and suggestions on how to approach and talk to strangers!

"To travel, to experience and learn: that is to live."

- Sherpa Tenzing Norgay

The first person to summit Mount Everest

ANSWER

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