How Gen Z Is Shaping the Future of Media and Entertainment

Gen Z is excited about virtual reality, especially for video and online games
Of all the generations, Gen Z is most likely to embrace virtual reality-based entertainment. About 60% of Gen Z responders said they would likely use VR, with another 22% saying they were neutral about it.
Over half (52%) of Gen Z said they expect to use VR to play and watch video and online games in the near future. Another 43% said they would use VR for movies, while 36% said they expect to use the new technology for live events, such as concerts and award shows.
Compared to older generations, Gen Z seems to have a much more active perception of how VR can be used. Millennials were essentially split across the board on how they’d most like to use VR, and about half (51%) of Gen X respondents expected to use VR to watch movies or live events.
https://www.cognizant.com/perspectives/how-gen-z-is-shaping-the-future-of-media-and-entertainment

Suresh Raina proud to welcome son & Gracia’s little brother – Rio Raina

The beginning of all things – wonder, hope, possibilities and a better world! We are proud to welcome our son & Gracia’s little brother – Rio Raina. May he flows beyond boundaries, bringing peace, renewal & prosperity to everyone’s life.

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Bankers in Kerala bat for 6-month MSME loan repayment freeze

published on 18-03-2020

Kerala chief minister Pinarayi Vijayan said in a Facebook post that the SLBC has decided to take steps to see how best they can come to the relief of all those who have taken loans.

In the context of Covid-19 pandemic, bankers in Kerala are ready to allow a moratorium on repayment of loans from MSMEs, impacted by the fall in trade and business. The moratorium is likely to be fixed for six months or one year.

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The State Level Bankers’ Committee (SLBC), which met on Tuesday, has decided to recommend the clamping of moratorium to the Reserve Bank of India (RBI). “We are aware of the gravity of the situation and will advocate that we should go easy on the repayments for a while,” Ajith Krishnan, convenor, SLBC, told FE. “Both the Union government and RBI are likely to be sympathetic to the issue and give nod to the recommendation,” he said.

Kerala chief minister Pinarayi Vijayan said in a Facebook post that the SLBC has decided to take steps to see how best they can come to the relief of all those who have taken loans. On Monday, the CM had held consultations with SLBC, seeking interest waivers and repayment moratorium to all kinds of loans, including MSME sector, agricultural loans, housing loans, educational loans and motor loans.

Currently, the bank loan moratorium is permissible only to 12 types of natural disaster. But, Covid-19, which WHO (World Health Organisation) listed as a pandemic, is yet to figure in this list of 12. All the same, since the Centre has recognised it as a disaster, the proposal is unlikely to be rejected.

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With Kerala reporting 30 confirmed Coronavirus cases, the public-health conscious state had gone into a tailspin of people confining themselves to homes, in a large scale. Beaches, parks and shopping malls are mostly deserted. Although the CM appealed to the public not to keep away from their regular shops, since it would affect the livelihoods of traders, there are apprehensions in the air. Shop owners and restaurants say business is down by about 50% this week.

source : https://www.facebook.com/CMOKerala

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