23, Dec 2023
Medtronic launches Symplicity™ blood pressure procedure – a new horizon in managing patients with hypertension in India
Bengaluru, 23 Dec 2023: India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), announced the launch of the Symplicity™ Spyral renal denervation system (RDN) for treating high blood pressure. RDN is a minimally invasive therapy that targets nerves near the kidneys that can become overactive and cause high blood pressure. Medtronic recently announced the US Food and Drug Administration’s (FDA) approval of the system which is a culmination of ten years of clinical research and development, and the system has approval of the Indian regulatory authorities too.
In India, nearly 1 in 4 adults have hypertension. Hypertension is the single largest contributor to cardiovascular death; it dramatically increases risk of heart attack, stroke, heart failure, and kidney failure. Unfortunately, hypertension often goes undiagnosed as it frequently exhibits no symptoms. Raising awareness about hypertension is crucial since it is a detectable, preventable and treatable condition.
The Symplicity SpyralTM blood pressure procedure has demonstrated clinical efficacy in reducing high blood pressure which can lower serious health risks[v]. It is a minimally invasive procedure that targets nerves near the kidneys that can become overactive and cause elevated blood pressure. After sedation, the doctor makes a small incision and inserts a very thin tube (catheter) into the artery leading to the kidney. The doctor then uses the catheter to calm the excessive activity of the nerves connected to the kidney. The tube is removed, leaving no implant behind.
Michael Blackwell, Vice President and Managing Director, Medtronic India said, “With the Symplicity blood pressure procedure, we aim to empower healthcare professionals and offer a comprehensive approach to managing uncontrolled hypertension that supports our patient-centered approach to care. The recently announced US FDA approval for the RDN system and an update earlier this year of the European Hypertension Society (ESH) guidelines, highlight the role of RDN as part of the hypertension care pathway. We are excited to offer this therapy to all eligible patients in India. As leaders in cardiovascular therapies, Medtronic remains committed to providing innovative solutions that improve patients’ lives.”
The Medtronic RDN program is backed by experience in more than 25,000 patients globally. It has also been studied in more than 4,000 patients in the presence and absence of medication, and in patients with high baseline cardiovascular risk, or with comorbidities. It has demonstrated significant and sustained reductions in blood pressure among patients with uncontrolled hypertension. Further, the procedure has been proven to be safe, with very low rates of adverse events.
Know the facts & talk to your doctor
Blood pressure is the force that circulating blood exerts against the walls of the arteries – and hypertension is when blood pressure is abnormally high. Hypertension is often called the “silent killer” because most people don’t know they have it. Although there may not be any warning signs or symptoms shown, some people report early morning headaches, nosebleeds, irregular heart rhythms and buzzing in the ears. Hypertension can significantly increase the risks of heart, brain, kidney, and other diseases and is a major cause of premature death. vi If you or someone you know is experiencing high or difficult to control blood pressure, consult with your doctor to learn more about the Symplicity™ procedure.
- 0
- By Rabindra
23, Dec 2023
Shaping Success in Real Estate: The Enduring Principles and Vision of Blitzkrieg Co
In conversation with, Pankaj Narang, Founder & Director, Blitzkrieg Co.
In this insightful discussion, we delve into the core values shaping the company’s growth, its impactful contributions to community development, innovative marketing, adept handling of industry challenges, and the strategic foresight guiding its trajectory in the ever-evolving real estate landscape.
Can you provide insights into the founding principles of Blitzkrieg Co. and how they have guided the company’s growth and development over the years?
Values, transparency, and trust are the 3 core principles on which Blitzkrieg Co started. These core principles define us and guide us, transparency with our developer partners and customers a trusted relationship, and delivering values for both our developer partners and customers we have been very particular in timing up with developers who have the vision to deliver a quality product and similarly we help our customers to find their right home in our developer partner projects r association which developer is not a short term we are involved from concept to possession hand holding the developer and customer along the way. These principles have helped us to get the entire portfolio of our developer partners and drive 30% plus referral business.
In what ways has Blitzkrieg Co. contributed to the local community or urban development through its real estate projects?
We work with developers who are focused towards the development of community and improvement of micro-markets. However, the values that we bring into our undertakings are tangible and persistent. Like for instance, in Samarth Aura in Bhandup, the sales value we generated was huge. To ensure a good quality concrete road was established around the project (our developer partner made sure this), thereby creating a beneficial impact on our development and the general surrounding infrastructure as well.
Our resources recruiting policies encouraged to achieve their full potential has been a consistent action on our part. Our vision is clear: We grow when our team members grow. This is our collective desire and we must attain it.
Could you share an example of a real estate project where innovative marketing and sales strategies played a crucial role in achieving success?
As the world emerged from the pandemic, we took the opportunity to plan projects tailored to the changing lifestyles of our customers. Adapting to their evolving needs, we implemented the concept of ‘blissful living’ in one of our projects, Samarth Aura in Bhandup. The project features 60 amenities, and our marketing campaign highlighted ’60 Reasons for Blissful Living.’
In another project, our marketing strategy, ‘Rise Above the Ordinary,’ resonated well with the aspirations of the current middle class, proving successful in our Vikhroli project.
We also observed that while customers appreciate the projects, their financial understanding of home buying is still at an early stage in India. To address this, we created extensive and innovative financial offerings to assist customers in realizing their dream homes. These sales strategies have been instrumental in the success of all our projects.
Our sales approach follows a simple strategy, contributing to strong performance in the current market. From pre-sales to sales and post-sales, providing exceptional customer service has been the cornerstone of our strategy. This approach has not only helped us achieve impressive sales numbers but has also generated remarkable referral business, as customers appreciate our assistance in realizing their dream homes
Can you discuss any challenges or obstacles Blitzkrieg co. has encountered in the real estate market and how the company has overcome them?
The most significant challenge facing the real estate industry right now is acquiring the right resources for projects, which is crucial for project success. We have successfully overcome this challenge through our employee-friendly policies, placing people at the core of our business. By providing immense opportunities and assisting our employees in reaching their aspirations, we have seen individuals progress from starting as telecallers to becoming sales champions and closing managers. Our core principle is centered around employee-friendly policies, giving our team the space and trust to grow, and guiding them along the way, aligning with the core values we mentioned above.
What advice would you give to individuals or businesses looking to invest in real estate, considering the current market dynamics and trends?
Real Estate Hi Real Hai – real estate is a tangible asset that you can touch and feel. It has delivered amazing year-on-year returns, making it a continuously growing sector and a key driver for India’s journey to achieving its 5 trillion-dollar economy status.
For individuals or businesses looking to invest in real estate, here are a few crucial points to consider:
1. Due Diligence of Paperwork: With the advent of RERA, due diligence, including approvals and agreements, has become more streamlined. We also conduct our due diligence when partnering with developers.
2. Developer Legacy: Consider the developer’s past projects, delivery timelines, and the quality of construction. Investigate what existing customers say about them.
3. Micro Market Understanding: With evolving technology, one can analyze the transactions in a specific micro-market to make informed decisions about pricing for their dream home.
4. Engage a Reliable Broker: Find a good broker who can help you secure the right deal for your real estate investment.
Can you share your perspective on the importance of branding and brand identity in the real estate industry.
In real estate, having a strong brand and identity is like making a great first impression. It helps your business stand out, builds trust, and makes people remember you in a sea of options. Brand identity includes everything from your logo and colour scheme to the way you communicate and the values you emphasize. it’s about crafting a cohesive and appealing package that makes potential clients remember and choose you over others. In a competitive industry like real estate, a strong brand can be a game-changer, it’s about creating a consistent and positive image that sets you apart.
A positive brand has helped garner higher sale price in same micro market vis a vis competition, hence focussing on building brand should be taken very seriously by developers.
How does Blitzkrieg co. foster a culture of innovation and continuous improvement within the organization to stay competitive in the real estate market?
Blitzkrieg Co fosters innovation and continuous improvement by having sales and marketing advisors operate from project sites, gaining real insights from customer interactions. With a focus on being product-driven, the company emphasizes adapting to evolving needs and changing lifestyles. Flexibility is the key, demonstrated by the swift adoption of virtual tools during the pandemic. Continuous learning is a priority, as sales and marketing advisors stay agile, tech-savvy, and committed to ongoing improvement to remain relevant in the dynamic real estate industry. Every employee has the freedom to provide their inputs. These inputs are welcomed, assessed, and used to drive better business processes.
Looking ahead, what is the vision and long-term goal for Blitzkrieg co. in the evolving real estate landscape.
Our vision is to meet the short-term needs of developers, i.e., the sales of inventories, while concurrently working towards the long-term goal of creating a better brand for our developer partners committed to delivering quality products. We aim to be a one-stop solution for our developer partners and customers, all while staying rooted in our values.
22, Dec 2023
Perfect OTT Watches for a Lowkey Christmas
As the festive season approaches, what could be better than cozying up with a hot cup of cocoa and binge-watching some delightful shows on OTT platforms? This Christmas, we’ve curated a list of perfect lowkey watches to add warmth to your holiday season. Let’s dive into the magic of stories with these carefully selected gems for all the vibes.
School Friends – Amazon miniTV
Relive the magic of school days with “School Friends” on Amazon miniTV. Created by Rusk Media, this heartwarming series takes you on a nostalgic journey, navigating the twists and turns of life while cherishing the unbreakable bonds of friendship. Join a group of schoolmates as they share laughter, tears, and unforgettable moments. It’s a perfect show to indulge in with friends, reminiscing about the good old school days.
Ishq Next Door – Jio Cinema
“Ishq Next Door” on Jio Cinema and created by Rusk Studios is an Indian Hindi-language romantic drama that brings forth a simple and heartwarming love story. Starring Abhay Mahajan, Natasha Bharadwaj, and Mrinal Dutt, the series, directed by Akhilesh Vats, beautifully portrays relationships and personal growth. Transport yourself to the world of simpler times and experience the joy and excitement of falling in love the old-school way.
The Railway Men – Netflix
Set in the direct aftermath of the Bhopal gas tragedy, “The Railway Men” on Netflix showcases the valiant efforts of brave railway workers working selflessly to save lives. Though fiction feels intertwined in fact, the performances pull the show through, making it a compelling watch.
Guns & Gulaabs – Netflix
Welcome to the Raj & DK universe at its best with “Guns & Gulaabs” on Netflix. In the fictional town of Gulaabganj in the 90s, the zaniest of characters come together, driven by their own ambitions to give rise to a hilariously whacky thriller. Touching upon gender dynamics in a refreshing way and paying tribute to retro Bollywood, the show is brought to life by a stellar cast, making it a laughter-packed experience.
So, grab your blankets, settle into your favorite spot, and let the holiday binge-watching begin! Created by Rusk Studio, these shows promise to add a touch of magic to your Christmas celebrations.
22, Dec 2023
Celebrate Christmas Eve in Style at 3 Spices, DoubleTree by Hilton Pune
As the festive season approaches, 3 Spices at DoubleTree by Hilton Pune – Chinchwad is excited to announce a spectacular Christmas Eve Dinner on December 24th, 2023, promising an evening of indulgence and joy. Guests can indulge in a culinary feast showcasing an array of seasonal treats. With everything from classic roasts to delightful desserts, our menu aims to enchant taste buds and enhance the festive atmosphere. This includes a variety like Turkey, Sushi, Ramen, live barbecue, and interactive Chaat stations Adding to the ambiance, live music performances will serenade our guests throughout the evening, creating a melodious backdrop for an enchanting celebration. Additionally welcome drink will be served ensuring that every toast resonates with the joy of the season Join us at 3 Spices, DoubleTree by Hilton Pune- Chinchwad, as we embrace the spirit of Christmas Eve with a lavish spread, live music, and festive cheer. Reserve your table now and make this holiday season one to remember.
22, Dec 2023
JioCinema and Jeevansathi join hands to unleash the power of love with ‘Saath By Chance’
22nd December, 2023, Mumbai, India: Viacom18 and India’s ultimate entertainment destination, JioCinema, partners with Jeevansathi.com, a trailblazer in the matchmaking industry, to delight its viewers with ‘Saath By Chance’. Streaming now on JioCinema, the 3 episodic anthology series weaves the magic of love with inspiration drawn from real-life success stories of Jeevansathi couples.
Celebrating Jeevansathi’s 25 years of matchmaking excellence, ‘Saath By Chance’ promises to be a heartwarming journey of real-life love stories that found their origin on Jeevansathi.com platform. From chance encounters to enduring connections, the show spotlights the authenticity and beauty of love, commitment, and the remarkable journey of finding one’s soulmate. In addition to the captivating narratives, ‘Saath By Chance’ underscores the significance of quality conversations, understanding, and open dialogue, a core aspect of Jeevansathi.com’s ethos.
Speaking on the association, a JioCinema spokesperson said, “At JioCinema, our commitment is to curate content that is not just entertaining but also innovative and compelling. ‘Saath By Chance’ is a testament to this dedication, as it unfolds a narrative that celebrates the magic of love in a truly unique way. In partnering with Jeevansathi.com, we aim to create a seamless blend of entertainment and connection, resonating with our audiences on a deeper level. Our collaboration further represents our ongoing pursuit to bring stories that directly touch the hearts of our viewers. We look forward to fostering more such partnerships and continuing to provide our audience with captivating content that transcends boundaries and brings people together in the spirit of love and storytelling.”
Speaking on the association, Himani Bahuguna, EVP & Head of Marketing at Jeevansathi.com, said, “Jeevansathi.com has always stood for creating meaningful connections, and ‘Saath By Chance’ is a testament to the incredible stories that have unfolded on our platform over the past 25 years. Each episode will bring to life the genuine, heartwarming narratives of couples who discovered love through Jeevansathi.com’s superior matching algorithms.”
Streaming now on JioCinema, ‘Saath By Chance’ promises to be a binge-worthy experience, offering a blend of romance, emotion, and authenticity.
22, Dec 2023
Bahrain Tourism and Exhibitions Authority (BTEA) Unveils “Celebrate Bahrain” for the Festive Season
National, 22nd December 2023 – The Bahrain Tourism and Exhibitions Authority (BTEA) announced the final list of events and activities, themed “Celebrate Bahrain” to be held in in collaboration with partners, marking the kingdom’s national days. The diverse arrangement implies a fusion of family, musical, cultural, and sporting events set to captivate citizens, residents, and visitors alike throughout the month of December.
The festivities begin with a series of events, such as the enchanting “Festival City,” a carnival showcasing several entertainment games, delectable restaurants, and live performances for families to enjoy. The celebration continues with the second edition of the Heritage Village, showcasing Bahrain’s rich cultural heritage. For those looking for a unique shopping experience, the annual “Autumn Fair” takes place at the Exhibition World Bahrain. This exhibition offers a diverse range of shopping opportunities, adding a vibrant touch to the festive season.
As the year comes to a close, the New Year’s Eve celebrations promise to be spectacular. Various locations such as Marassi Al Bahrain, Bahrain Bay, Water Garden City, Bahrain Financial Harbour, Bahrain Fort, Bahrain National Museum, and Al Najma Club are set to host events featuring dazzling fireworks displays. These gatherings provide a fantastic way for residents and visitors alike to ring in the New Year with joy and excitement. The festivities also include the return of the Muharraq Nights Festival offering an immersive experience in the heart of Muharraq City. For sports enthusiasts, the calendar boasts prestigious events such as the Ironman 70.3 Middle East Championship, Rotax Max Challenge Grand Finals, horseracing competitions, and the Brave championship series.
To enhance the tourist experience, Bahrain Tourism and Exhibitions Authority (BTEA) also introduced special packages focusing on various fields, such as exploring Bahrain’s rich musical and cultural diversity, golf experiences, New Year’s celebrations, coral events, and sports. Each package was curated to provide unique offers and benefits for a memorable stay. As part of these extraordinary offerings, Gulf Air extended a festive gesture with a generous 16% discount on flight offers, ensuring a seamless journey to Bahrain’s enchanting festivities. Furthermore, shoppers and diners enjoyed treats with discounts and prize opportunities at Moda Mall, City Centre Bahrain, Seef Mall, and The Avenues. For a hassle-free and immersive stay, tourists could avail themselves of comprehensive packages covering accommodation, entertainment, and transportation.
As the enchanting “Celebrate Bahrain” events unfold,” Bahrain Tourism and Exhibitions Authority stands ready to welcome citizens, residents, and visitors alike to immerse themselves in the vibrant festivities, creating enduring memories in the heart of the kingdom. Simultaneously, BTEA is poised for action, gearing up to launch intensified promotional campaigns that aim to not only showcase the significance of the festivities but also to ensure maximum global participation.
22, Dec 2023
News18 Tamil Nadu leads the way with humanitarian coverage and aid during the floods in Thoothukudi and Thirunelveli
~ News18 Tamil Nadu’s dedicated reporter, Vetri reached the flood location overcoming the blockages~
22st December 2023: News18 Tamil Nadu emerged as a source of timely and humanitarian journalism in the aftermath of the recent floods that stormed through Thoothukudi and Thirunelveli. As the flood crisis unfolded, over 500 stranded passengers in Srivaikundam faced grave conditions, exacerbated by rising rains beginning Monday.
News18 Tamil Nadu took the lead as the sole channel to commence comprehensive coverage of the unfolding crisis, swiftly informing the government of the dire situation.
News18 Tamil Nadu’s dedicated reporter, Vetri, played a pivotal role in highlighting this humanitarian crisis. Overcoming road blockages and flood damage, Vetri reached the location at 11 am. His live stream showcased the distressing conditions faced by those stranded, including infants and pregnant women lacking proper food and water.
Local villagers banded together to supply essential necessities to the stranded passengers, demonstrating amazing community spirit. News18 Tamil Nadu is extremely proud of being the first channel to highlight this tragic scenario and bring it to the attention of the respective governments.
In the face of adversity, News18 Tamil Nadu remains unwavering in its commitment as a responsible news outlet.
22, Dec 2023
Erisha Agritech joins forces with South Korea’s Hyundai Agricultural Machinery for revolutionary harvesting solutions in India
New Delhi, 22st December 2023 – Erisha Agritech Private Limited, a leading agricultural technology company has announced the signing of a Memorandum of Understanding (MOU) with Hyundai Agricultural Machinery, a pioneer in Korea’s R&D-driven agricultural machinery. This historic collaboration aims to introduce innovative harvesting solutions for key crops such as Onion, Potato, Ginger, Garlic, and Cabbage in India through a joint venture manufacturing initiative.
The MOU signing ceremony marked a pivotal moment in the agricultural sector as these two companies united to revolutionize the harvesting landscape in India. The strategic partnership combines Erisha Agritech’s expertise in agricultural technology and Hyundai Agricultural’s cutting-edge machinery to address the evolving needs of Indian farmers.
Announcing the partnership, Dr. Darshan Rana, Chairman, and Managing Director of Erisha Agritech Private Limited said, “This collaboration with Hyundai Agricultural Machinery is a significant stride in our mission to empower Indian farmers with innovative solutions. Together, we will reshape the landscape of agricultural machinery in India, ensuring sustainable and efficient practices.”
Key Highlights of the Partnership:
1. Innovative Harvesting Solutions: The joint venture will focus on the development and manufacturing of state-of-the-art harvesters specifically designed for Onion, Potato, Ginger, Garlic, and Cabbage crops. These innovative solutions aim to enhance efficiency, reduce labour costs, and improve overall yield for farmers across India.
2. Technology Integration: Erisha Agritech’s advanced agricultural technologies, coupled with Hyundai Agricultural’s engineering excellence, will be seamlessly integrated into the new line of harvesters. This synergy will result in precision farming solutions that optimize resource utilization and promote sustainable agriculture practices.
22, Dec 2023
JioCinema presents ‘Toontastic Winter Carnival’ with a blockbuster line-up of 24 new shows for its ‘Kids and Family’ offering
22st December 2023, National: Following its recent foray into kids’ entertainment, JioCinema is further set to elevate the entertainment quotient for its young viewers and their families with its latest campaign ‘Toontastic Winter Carnival’ to welcome 2024. Promising to make this holiday season the biggest ever carnival and unforgettable for everyone, the festival brings a blockbuster lineup of 24 new shows, providing more than 300 hours of engaging content.
As a part of this, JioCinema will drop new titles every day, presenting a diverse mix of homegrown and international releases from the kids’ network content of Viacom18 Nickelodeon, as well as globally renowned studios such as Warner Bros. and Paramount. Encompassing various genres like action, comedy, and adventure for kids, teens, and parents alike, the extravaganza includes many first-time debuts on JioCinema and will feature popular homegrown IPs – Abhimanyu Ki Alien Family and The Twisted Timeline of Sammy & Raj, along with shows – Shimmer And Shine, Paw Patrol, Avatar : The Last Airbender, Teenage Mutant Ninja Turtles, Kung Fu Panda: Legends Of Awesomeness, The Penguins Of Madagascar, Top Wing, Dora The Explorer, The Legend Of Korra. That’s not all! The carnival will also premiere global hits like Tom & Jerry, Samurai Jack, Karadi Tales, Geronimo Stilton, Teen Titans Go, Ben 10, A Pup Named Scooby-Doo, Zig & Sharko, Steven Universe, Courage the Cowardly Dog, Wacky Races, Chowder and Megas XLR.
Elevating the interactive experience for digital natives, JioCinema is pulling out all the stops with a watch and win experience ‘Khelo, Dekho, aur Jeeto’ contest, adding an engaging touch to the campaign. Ushering in 2024, JioCinema continues to set the benchmark for unparalleled viewing experience with one of its biggest rollouts of new shows. With the recently added ‘Kids and Family Hub’ offering and the launch of ‘Toontastic Winter Carnival’, the platform aims to create a delightful experience for the young audiences and their families.
Create unforgettable family moments this holiday season with JioCinema! Dive into a world of enchanting shows and movies, making every moment a magical adventure for kids and families alike!
22, Dec 2023
WazirX Adds 6 Lakh New Users, Closes The Year With Over 1 Billion User Volume in 2023
~Highlights from the year include Ripple’s victory over SEC and its impact on TRON, the Bitcoin ETF application, and the Dogecoin comeback~
~Bitcoin and Shiba Inu remained the top tokens by volume on the crypto exchange~
~Millennials and Gen Z lead in terms of trading volumes, with significant participation from Baby Boomers~
~Women traded 22% of total volumes, and surpassed Men in transactions across Haryana and West Bengal~
Mumbai, 22st December 2023: WazirX, India’s leading crypto exchange, announced the launch of its annual trading activities report for the year 2023, revealing intriguing insights on user growth, digital asset ownership, and reflections on the various major global events shaping the cryptocurrency market. The report highlights include analysis of WazirX’s growing user base and evolving demographics, reaching a volume of 1 billion users by 30th November; and detailed documentation of the monthly activities impacting the trade of the top tokens across cryptocurrency exchanges.
Crypto Market Overview
WazirX witnessed an impressive addition of an estimated six lakh new users on its crypto exchange platform. Analysis derived on metrics such as age, location, traded tokens, volumes, and more were included. User behaviour insights revealed that the top tokens traded on WazirX’s exchange were Bitcoin (BTC), Shiba Inu (SHIB), Ripple (XRP), Ethereum (ETH), and Polygon (MATIC). Trends and patterns observed from previous years indicate users’ affinity towards Shiba Inu, which, along with Bitcoin, emerged as a top performing token on WazirX’s exchange. The report also remarks that despite relatively less active market conditions, users continue to consistently engage with tokens. Reflecting on the trades on global crypto exchanges along with its platform, the report suggests that market fear, uncertainty, doubt, and social media play key roles in shaping the crypto market sentiment.
Speaking on the crypto landscape, Rajagopal Menon,Vice President, WazirX said, “With the advent of decentralized systems and maturing blockchain technologies, cryptocurrencies are set to evolve beyond speculative assets, becoming integrated within supply chain management, healthcare, and digital identity verification. Across the world, there is a growing recognition for digital fiat currencies, and CBCDs are set to garner significant attention and adoption. Asset tokenisation is positioned to become a prominent trend, as we witness real-world assets and art transition onto blockchain platforms, moving towards fractional ownership and the democratisation of investment opportunities for a broader audience. User experiences across Web3 technologies will witness a revolution in 2024, and the Bitcoin halving signals a bull market in coming times.”
User Insights
Insights from the report revealed that Uttar Pradesh, Maharashtra, Tamil Nadu, Gujarat and Haryana were among the Indian states with the highest number of traders, whereas the states with the highest trading volumes are Tamil Nadu, Uttar Pradesh, Maharashtra, West Bengal and Haryana. For the top tokens on the exchange, the highest number of traders belonged to the age group of 26-40 years. Women constituted 22% of the total trading volume on the platform, and women aged between 21-40 years made up 83% of the total volume traded by all women users. In the case of men, the age bracket of 21-40 years constituted 76% of all men users on the platform. Interestingly, women surpassed men in the total number of transactions across Haryana and West Bengal.
Market Highlights From 2023
WazirX’s annual report uncovers the ongoings of the global crypto market, including insights on popular tokens such as GALA, Polygon, Gifto, Ripple, among others. With partnership announcements with Dwayne Johnson and Mark Wahlberg, along with revision of tokenomics to reduce high costs, GALA emerged as the 4th largest token by volume for the month of January. Polygon ascended as the second token with the largest user base in February, and Gifto witnessed a 2600% increase overnight causing a frenzy among traders. The report further details the ongoing events of the rest of the months, dwelling on specific events related to popular tokens such as the application Ethereum futures ETFs, Bitcoin ETF application, Ripple’s victory over the SEC, Elon Musk’s impact on the crypto industry, and more.
“The new year is poised for the evolution of crypto, which is set to become an integral component of our global financial and technological landscape. The interplay of CBDCs, asset tokenisation, enhanced Web3 experiences, and Bitcoin’s halving sets the stage for a dynamic and transformative year in the crypto sphere,” added Rajagopal Menon from WazirX.
WazirX and TaxNodes collaborated in 2023 to leverage service innovation and assist the platform’s users to file their taxes error-free and seamlessly, while noting the continued concern over high tax rates prevalent in the country.
