FLYING HIGH

FLYING HIGH

They look like robotic toys however will save lives, shield ecosystems, boost crops and highlight the most effective of the Caribbean’s gorgeous beauty. Drones or pilotless Aerial Vehicles (UAVs) square measure speedily growing in quality and, as they take over the skies, users square measure finding they need a good application within the region.

ASSISTING AGRICULTURE
As the agriculture trade moves to harness a lot of technology, drones have a vital half to play in lowering prices and up yields, notably against a scene of rising production prices, aggravating natural disasters and redoubled competition.

“Global agricultural has had to form some artistic moves,” says Jovan Parusic, Business Development Manager at agricultural sensing and analysis platform Agremo thathas motor-assisted Caribbean farmers in victimisation drones to analyse banana, mango, occasional and avocado plantations and enhance seasonal observance. “Based on our inputs, growers were ready to optimize production, prepare provision and men for harvest, sight differing kinds of stresses and apply required measures in time,” explains Parusic. “Besides having insights on a plant’s overall health and correct range of plants, [farmers] have solid proof of however their fields do throughout the season.”

DISASTER RECOVERY
Following last year’s succeeding hurricanes, Irma and Maria, farmers within the storm-hit islands visage severe devastation, some losing one hundred per cent of their crops. With their support in ruins, immediate and correct harm assessment was crucial to serving to them reconstruct. Drone operators will quickly and simply capture aerial pictures of a farmer’s land, showing that plants square measure broken, that need immediate attention, and which might be saved. this sort of information will facilitate farmers recoup their losses, set up for next year’s harvest and prepare documentation for insurance claims with correct ‘before’ and ‘after’ imaging.

Agremo helped farmers in Puerto Racketeer Influenced and Corrupt Organizations Act come back to not off course when the storms and Parusic says: “Professional harm assessment is one in every of the foremost necessary things to try and do when such an occurrence. Drone representational process will act as proof in insurance claims, particularly if fields were monitored throughout the season and their square measure pictures of what they sounded like before the harm occurred.”

CONSERVATION INNOVATION
Technology is ever-changing the face of conservation and drones square measure at the forefront of this movement as they furnish environmentalists unique insight into life and habitats. victimisation the drone’s bird’s eye read, scientists will currently track and monitor rare species, survey ecosystems and assess environmental harm.

In May, the character Conservancy within the Caribbean and therefore the Carnegie establishment for Science teamed up with region technology firm Planet to launch AN exciting new initiative – making the primary ever high-resolution map of the whole Caribbean basin. Drones will shield the atmosphere from natural hazards, however they’re conjointly a handy tool in cracking down on manmade threats.

TECHNOLOGY touristy
For the tech-minded traveller, selfies simply

don’t cut it any longer. The sweeping aerial photography provided by drones captures the various colours of the Caribbean like ne’er and tourists square measure progressively transferral their UAVs on vacation, so that they will grab Instagram-worthy shots. There’s conjointly been high demand in recent years for drone photography that covers special events like weddings or conferences.

Major hotels and resorts also are obtaining aboard with the trend, victimisation UAV representational process for his or her promotional and selling materials. Last year, Caribbean touristy took successful following the 2017 devastating cyclone season. several overseas guests, unacquainted with the region’s geographic, assumed that the whole space was closed for business. Drones may have shown them otherwise. Having UAVs send pictures of pristine, untouched islands to the planet may have relieved a number of the reputational harm and lured tourists back to the realm quicker.

CONCERNS AND CHALLENGES
The Federal Aviation Administration predicts that between 2016 and 2021, the amount of business drones can increase by around fifty eight and there may be as several as vi.12 million drones within the sky by 2021.

All technology comes with risks, however these should be weighed against the comprehensive edges of UAVs. they’ll have set out as extremely specialised military technology, however drones square measure currently within the hands of hobbyists, travellers, farmers, and environmentalists, all of whom square measure victimisation them to rework life within the Caribbean.

Grandmaster’s money tricks

Grandmaster’s money tricks

MUMBAI: What’s the similarity between chess and finance? in step with participant Viswanathan Anand, there’s a basic connect within the technique of learning chess and finance. “You will relate chess to finance. quite heap of chess players have moved on to finance when their chess career. the power to appear at past money transactions and manner} to use them otherwise is extremely kind of like observing a previous game of chess and understanding what was done well or badly and applying a same gap in a very totally different way,” aforementioned Anand. Through his life journey, Anand provides U.S. 5 cash lessons:

SEEK skilled recommendation
Anand may be a world champion, WHO has trainers to guide him to his performance. Similarly, he includes a skilled adviser to assist him together with his finances. “I have advisors to assist ME. In chess, my trainers facilitate ME see what I have incomprehensible. Here [in finance], I don’t have the time to follow my investment portfolio daily. Hence, I have professionals to eliminate beginner mistakes. I follow and grasp their strategy,” aforementioned Anand.

He says that in chess, you’ll follow the sport while not following the small print. however to play it, you wish to urge into the small print.
Similarly, in finance, to manage your cash, you wish to understand the small print. Anand’s married woman Aruna Anand manages most of the investments with the assistance of advisors.

DIVERSIFY INVESTMENTS
When you dig deeper into Anand’s investments, you’ll notice it’s an honest mixture of equity and stuck financial gain. “We have a combination of merchandise. we tend to do a great deal of investment in equity and stuck financial gain instruments. sometimes, we tend to add various merchandise additionally. however, I do most of my investments through equity, typically with a combination of mutual funds and different kinds of equity instruments. For liquidity, we’ve some half in money,” aforementioned Anand. He says he doesn’t invest in gold and land. “I like equity and stuck financial gain,” Anand said.

TAKE CALCULATED RISK
Anand believes in finance in equity for semi-permanent desires. “I have accepted the thought that if you’ve got to beat inflation, you’ve got to be in equity. And if you’re in equity, there should be some risk. I’m not against risk. In my investment portfolio, some a part of the chance is weasel-worded, and a few a part of the chance is balanced. I’m not associate all-in reasonably an individual. I don’t play hunches. I try and perceive the chance reward quantitative relation. If I’m comfy with it, I’ll bed. I don’t see myself as associate aggressive capitalist. i believe of myself as a planner,” aforementioned Anand.

“I might take risk in chess, however it’s fully unacceptable in finance because of my skills square measure fully totally different. In chess, I’m one amongst the simplest players within the world. However, I believe your temperament determines your vogue in several things,” Anand said.

GOAL-BASED APPROACH
Usually, most of the people tend to appear at high- local time returns or for the proper instruments. Anand says there’s no right strategy, however “strategies that you just discover square measure applicable for you”. In life, you see those that do things radically totally different from you. “Finance is simply associate facultative mechanism, as long because it is well thought out and you go back it sometimes to check if it still is sensible to you. It should specific your temperament. skilled facilitate, I felt it had been right on behalf of me and that we like it. cash isn’t a goal, it’s what you wish to try to to in life,” aforementioned Anand.

TAKE RESPONSIBILITY
Anand says his married woman has a lot of discipline than him and that they each share responsibilities.
“She is ready to pay the time to grasp the cash we’ve, wherever it’s place and therefore the tax implications. She helps ME therein space. we’ve an honest division of responsibility as a few. She takes on quite heap of the labour. however, that provides ME the liberty to dream concerning chess and immerse myself deeply in it. we tend to discuss the money instruments along. I comprehend it conceptually wherever we tend to square measure. However, I’m not following it daily. She is way a lot of into the small print. she’s going to tell ME the strategy that we tend to square measure following,” aforementioned Anand.

WHAT IS IT?
Unified payments interface a pair of.0 or UPI2.0 is associate upgraded version of UPI that was launched in 2016. UPI may be a system that enables you to send cash from our checking account to any Upi-enabled checking account through your phone while not bank details comparable to IFSC code. you’ll send cash employing a virtual ID that appears like associate email ID. UPI uses payment Service (IMPS) platform.