Lawsuit Madness! Byju's Set to Sue Lenders in the US 🤔 Drama Galore, Zero Substance!

Hello Readers,

This week saw more layoff stories! With Byju's announcing layoff of 1,000 more employees, while Reddit plans to lay off 5% of its workforce. 

On a brighter side Odisha Government has accepted Rs 3,457 Crore Investment Bids and is in talks to generate 14,436 Jobs. And the fuel consumption surged in the month of may!

Moving on, Apple unveiled its new products with some big announcements, while the RBI governor stated that 50% of Rs 2,000 banknotes are back into the banking system. Further, in our conversation section this week, we covered some personalities making India proud in their career streams. 

In this week's newsletter, we will talk about

1. The Monetary Policy Statement of Reserve Bank of India. 
2. Wake-up call for content creators, as Renowned Youtubers become victims of hackers.
3. Trishneet Arora's Story of Triumph in the Cybersecurity Industry. 

Well Yes! and you know what? The market size of the fintech sector is to grow to $150 Bn by 2025. Not only that if we go by their salaries, employees in this sector tend to get an average salary of ₹445k annually. 

Okay, that’s huge. But isn’t AI going to pose a threat?

Bhawna 90% of global fintech companies are already using it today! And that’s not all because it’s estimated that the use of artificial intelligence will save the insurance industry almost $1.3 billion by 2023.

That’s really great, so how do I start?

The three key ingredients for someone looking to step into this sector are relevant skills, knowledge of related trends and lastly networking with the professional with the same industry. And voila you have the job in hand! And if this is not enough, I am providing the recent job openings for the job seekers assistance:

Associate Consultant - at HighRadius

Finance Consultant (Pepper Content) - Mumbai Metropolitan Region 

Product Success Manager - at Sprinklr

Senior Product Manager : Payments/FinTech - at NiumBusiness

Product (LAP) - General Manager -  at Paytm

Stay tuned with us for more such weekly updates!