India represents a trillion-dollar digital opportunity around the Internet: Bessemer Venture Partners

India represents a trillion-dollar digital opportunity around the Internet: Bessemer Venture Partners

India sees meteoric rise in e-commerce businesses, online payments through UPI | Photo Credit: Wpadington Internet penetration continues to climb at approximately 59 per cent, and as the number grows and consumer behaviour and shopping patterns continue to shift online, India represents a trillion-dollar digital opportunity that will lead consumption in this coming decade, according to a report by Bessemer Venture Partners. The country has seen a meteoric rise in e-commerce businesses, online payments through the unified payments infrastructure (UPI), and the maturation of supply chain and logistics technologies, the report added. According to the report by 2030, the number of users will increase from 125 million to 500 million, and the average digital spend per person will increase from $750 to $2,000. At present, about 125 million Indians, or less than 10 per cent of the total population, and less than 20 per cent of the Internet population, transact online. The study states two major aspects of the region set the stage for increased traction among internet marketplaces: fragmentation and offline operations challenges. Moreover, the marketplaces have evolved from horizontal listing — connection platforms where sellers list their products and services and consumers find suppliers of different goods […]

1 Compelling Investment Opportunity Dividend Investors Won't Want to Miss

1 Compelling Investment Opportunity Dividend Investors Won’t Want to Miss

The company projects to deliver powerful dividend growth for the next several years. Many dividend investors focus on a stock’s yield. However, the data points to an even more important factor: A company’s ability to increase its payout. Over the last 50 years, dividend growers have vastly outperformed companies with no change in their dividend policy (10.7% annualized total return vs. 7.1%), according to a study by Ned Davis Research and Hartford Funds. Many companies pay attractive and growing dividends. However, one stands out for its combination of having an above-average dividend yield and superior dividend growth prospects: NextEra Energy Partners ( NEP 0.08%). Dividend investors will want to consider adding it to their portfolios. A compelling value proposition Image source: NextEra Energy Partners Investor Relations Presentation. As that slide shows, it’s one of only 186 companies in the S&P 1000 with a market cap above $5 billion. That gives it a decent size. Larger companies can benefit from scale advantages. However, it’s typically more challenging for larger companies to grow rapidly. Of that group, NextEra Energy Partners is one of 54 that offers a dividend yield above 2.25% (which is higher than the average of the broader market […]

Net-zero is ‘economic opportunity of 21st century’ for UK, says Skidmore review

Net-zero is ‘economic opportunity of 21st century’ for UK, says Skidmore review

Net-zero is “the economic opportunity of the 21st century”, according to an independent review commissioned by the UK government. Undertaken by the Conservative former energy minister Chris Skidmore, the “ mission zero ” report includes 129 recommendations to “turbocharge” the nation’s climate action. More than half of them have a deadline of this year. The proposals include a “solar and onshore wind revolution”, an earlier ban on the sale of new gas boilers and new targets for electric-car sales imposed on manufacturers. The report contains frank criticism of the UK government, which it says is “not matching world-leading ambition with world-leading delivery”. It adds that inconsistent policymaking has led to missed opportunities for businesses. The average household stands to save up to £6,000 by 2050 if current net-zero policies are implemented, according to new analysis conducted for the review. More ambitious policies could make these savings even higher – as much as £14,000 in total. This pushes back against net-zero sceptics in the Conservative party and certain sections of the media. They have sought to portray the target as a financial burden on ordinary people and a contributor to the current energy crisis, which has, in fact, been caused […]

YouthZone column: YouthZone offering free bilingual restorative justice training opportunity

YouthZone column: YouthZone offering free bilingual restorative justice training opportunity

YouthZone’s Restorative Justice Program has been serving the Roaring Fork and Colorado River Valley communities for over 20 years and, this year, we are honored to be awarded the “Delinquency Prevention and Young Offenders Intervention Grant” from the Office of Adult and Juvenile Justice through the Colorado Department of Criminal Justice. It is with this generous $225,000 grant, utilized over 18 months, that we can give even greater support through Restorative Justice programming. We have heard our community’s requests for more Restorative Justice support. Therefore, beginning Feb. 1, YouthZone will provide free, bilingual community education events on the foundations of Restorative Justice intended to engage, inform, and attract the curiosity of potential new volunteers. In these efforts, the first of many events is the Restorative Justice Practices 101 course, a free online training session held on Feb. 1 from 4 to 6 p.m. The purpose of this course is to enhance and amplify Restorative Justice in the Roaring Fork and Colorado River Valleys. It is open to any community member, parents or guardians, teachers, law enforcement, counselors, nonprofit teams, or any adults wanting to learn more about Restorative Justice. Professional, simultaneous Spanish language interpretation will be providing during the […]

USDOT Announces Two New Actions to Advance Economic Opportunity for Disadvantaged Workers and Businesses through the Bipartisan Infrastructure Law

USDOT Announces Two New Actions to Advance Economic Opportunity for Disadvantaged Workers and Businesses through the Bipartisan Infrastructure Law

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced new resources from President Biden’s Bipartisan Infrastructure Law that will create economic opportunities and open the door to building generational wealth for disadvantaged entrepreneurs and workers in communities across the country. These resources are: New guidance to support State investment in workforce development, training and education in order to meet the demand generated by President Biden’s investment in rebuilding our infrastructure, and $10 million to support small businesses owned by minorities, women, and other socially and economically disadvantaged individuals, through FHWA’s Disadvantaged Business Enterprise Supportive Services Funding. “It’s critical that the historic infrastructure investments we are making reach the places and people who need them the most,” said U.S. Transportation Secretary Pete Buttigieg . “The resources announced today help ensure that a fair share of the contracts and investments go to historically disadvantaged workers, businesses, and communities so they can build generational wealth.” “To realize the potential of President Biden’s bipartisan infrastructure package we must both provide disadvantaged businesses a chance to grow and train a workforce that meets tomorrow’s challenges,” said Federal Highway Administrator Shailen Bhatt. “The historic funding being provided for workforce development, training […]

Opportunity Still Exists: Farmland expert breaks down the outlook for 2023 prices

Opportunity Still Exists: Farmland expert breaks down the outlook for 2023 prices

While residential real estates struggle through 2022, the land industry continued to boom, and although there are concerns about a potential downturn in the U.S. housing market in 2023, one expert says opportunity still exists for farmland. President of National Land Realty, Jason Burbage spoke with RFD-TV’s own Suzanne Alexander on what stood out in 2022, how this year is expected to go, and how mortgage rates are playing a role.

Guest: Oklahoma is on the brink of a renaissance that represents opportunity for investors

Guest: Oklahoma is on the brink of a renaissance that represents opportunity for investors

Guest Columnist Sometimes, it’s easy to overlook the wonderful things we’ve grown in our own backyard. Almost everyone does it. We get caught up in the day to day of our lives and forget to appreciate the work we do and the results we see. In Oklahoma, we’re experts at that. Hard work is part of our culture. Bragging about our accomplishments is not. But sometimes there’s a downside to humility, and in our case, it’s time to take stock in — and call attention to — what we’ve been building. The Sooner State has changed, and we’re now on the brink of an economic renaissance led by research, science, technology and one of the strongest entrepreneurial movements in the country. Oklahoma has a top 10 cancer center and a top 10 diabetes center, and our state ranks among the highest in conducting phase-one clinical drug trials. In Norman, the University of Oklahoma has the No. 1 meteorology school, the leading weather radar research program, the top aviation school and one of the nation’s top engineering colleges. OU has received the prestigious Carnegie Classification’s highest rating for research activity, which is a big reason it attracts more than $300 […]

NASA Awards Students Flight Opportunity In The 2021-2022 TechRise Challenge

NASA Awards Students Flight Opportunity In The 2021-2022 TechRise Challenge

Students from a winning team for the 2021-2022 TechRise challenge work together at Sewanhaka High School in Floral Park, New York, to wire the electronics of their experiment payload for their upcoming suborbital test flight. Credits: Sewanhaka High School, Jack Chen NASA selected 60 winning teams for the second TechRise Student Challenge, a nationwide contest designed to engage students in technology, science, and space exploration. These teams will work together to build science and technology experiments in preparation for a suborbital flight test. The challenge was open to students in grades six through 12 at American public, private, or charter schools, including those in U.S. territories. This year, winning teams include about 500 students representing 38 states and territories. “NASA’s missions of tomorrow are sparked by the accomplishments of the Artemis Generation today in classrooms across America,” said NASA Administrator Bill Nelson. “Through opportunities like the TechRise Student Challenge, young people are deepening their passion in science and technology, preparing to be the future innovators and pioneers who help humanity soar to new heights and unlock more secrets of the universe.” A full list of winning teams is available on the TechRise website . Each team will receive $1,500 […]

Eagle Presents Unique Opportunity to Reflect

Eagle Presents Unique Opportunity to Reflect

(Buck & Knobby Equipment photo) This American Bald Eagle, photographed at Buck & Knobby Equipment in Michigan shortly before Christmas, inspired reflection among the company’s employees. Co-founder Lloyd R. "Knobby" Nolfo knew business was built on solid relationships. He wanted the company to continue for the employees and customers who helped him build it. Recent years have been outstanding, even against difficult odds. A precedent at Buck & Knobby Equipment is "when times get tough you get tougher — reform, adapt and forge ahead." Nolfo left an extraordinary opportunity and legacy. "[The eagle] was Knobby still looking over us," said Ray Cordrey, president.

How A CEO's Leadership In Digital Transformation Can Influence A Company's Success

How A CEO’s Leadership In Digital Transformation Can Influence A Company’s Success

Founding CEO of LoginRadius , Startup Enthusiast & a Board Member. Helping enterprises secure billions of digital identities worldwide. getty In the face of digital transformation, many businesses are prioritizing the adoption of advanced tools. While this makes sense, it is also important for these businesses to consider strategies that can help reduce risks, take advantage of current growth opportunities and potentially discover new ones. By focusing on both technology and risk management, businesses can effectively navigate the challenges of digital transformation and position themselves for success in the future. It’s all about maintaining relevance within the current business environment. And that requires a different set of leadership skills than what has been needed in the past. I firmly believe that purposeful leadership is vital in driving and designing a successful digital transformation. The leadership practices of CEOs are crucial not just because they have the power to set direction but also because they influence how their teams work together to achieve more significant results. In a nutshell, organizational readiness, along with a CEO’s ambition, can pave the way for success, and I see leadership in digital transformation as the most important factor for a successful transformation. Setting The […]