Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="16129" type="CITY" weightage="100" keywordseo="HTC">HTC</keyword> has launched its Vive ecosystem in India. Vive is HTC’s complete <keyword id="6380951" type="ORGANIZATION" weightage="20" keywordseo="VR">VR</keyword> system and it will be available exclusively on <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword>.in via pre-order from April 22nd, 2017 and the official site <a href="https://www.vive.com/in/">www.vive.com</a> in which will go live by 25 April 2017. Eventually Vive will also be available for an in-store experience across select locations in India with interactive Vive demonstration station. 
 
The complete VR solution will be priced at INR 92,990, it includes wireless VR controllers, room scale movement, and Head Mounted Display featuring a built in camera. HTC also also announced free shipping to celebrate Vive’s India launch. The VR system wil come with two full-fledged VR experiences, Everest VR and Ritchie’s Plank Experience. 
 
Vive is coming at a time when there is a lot of interest in VR in India and there has been a spurt in the number of VR apps now available in the market.

HTC launches VIVE at Rs. 92,990 in India

<ul class="summary-list"><li>Trump botched the pronunciation of India's two greatest sports stars, and a Hindu monk, in a speech to kick off <a href="https://www.insider.com/trump-india-visit-photos-modi-2020-2#despite-the-revelry-around-the-namaste-event-some-protestors-came-out-to-reject-trumps-visit-sharply-contrasting-the-glowing-welcome-officials-had-taken-pains-to-set-up-in-the-city-7">his visit to the country</a>.</li><li>Trump <a href="https://www.insider.com/trump-india-visit-photos-modi-2020-2">addressed 100,000 Indians at a "Namaste Trump" rally</a> at the Sardar Patel Stadium in Ahmedabad on Monday.</li><li>"Your people cheer on some of the greatest cricket players, from Sachin Tendulkar to Virat Kohli," Trump said. The crowd cheered despite the mispronunciations.</li><li>Trump also gave up trying to pronounce the name of Hindu monk Swami Vivekananda, and laughed it off. </li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Donald Trump encountered some difficulty in pronouncing the names of two of India's greatest sportsman during <a href="https://www.insider.com/trump-india-visit-photos-modi-2020-2">his welcome speech on Monday</a>.Trump began his 36-hour trip to India by <a href="https://www.insider.com/trump-india-visit-photos-modi-2020-2">addressing 100,000 Indians at the "Namaste Trump" rally</a> at the Sardar Patel Stadium in Ahmedabad, the world's largest cricket stadium.In his speech, Trump praised the Bollywood movie industry, mentioning the classic films "DDLJ" and "Sholay."However, he had some trouble name-checking former Indian test cricket captain Sachin Tendulkar and current captain Virat Kohli."Your people cheer on some of the greatest cricket players, from Sachin Tendulkar to Virat Kohli, the greatest in the world," Trump said, to wild cheers.Watch the moment here:Moments before, Trump had <a href="https://twitter.com/realDonaldTrump/status/1231868340093825024">quoted the Hindu monk Swami Vivekananda</a>, but gave up half way through trying to pronounce his name and laughed it off."As the great religious teacher Swami Vive..kamun...nund once said, 'the moment I stand in reverence before every human being and see God in him, that moment I am free'," Trump said.Despite the blunders, Trump got a warm reception from the huge crowd.Attendees wore "Namaste Trump" hats and thousands lined the streets near the stadium, <a href="https://www.washingtonpost.com/world/2020/02/24/trump-india-live-updates/">according to The Washington Post.</a>The Post reported that city authorities built a large wall to hide from view a slum near the route of Trump's motorcade.Trump, travelling with his wife Melania, visited the Taj Mahal later on Monday.He is scheduled to meet Indian president Ram Nath Kovind and prime minister Narendra Modi on Tuesday.India probably reveres cricket more than any other nation in the world, and its national players are treated like royalty.Tendulkar himself holds several international records, and is widely considered the greatest batsman of the modern era. Kholi is currently the number one rated test batsman in the world.Trump is not known to be a fan of the sport, and has never spoken about cricket publicly before. Confusion abounded in August 2015 when <a href="https://twitter.com/fwildecricket/status/630357123977871361?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&amp;ref_url=https%3A%2F%2Fd-3233960172153244830.ampproject.net%2F2002191442400%2Fframe.html">Trump started following an obscure Australian cricketer</a>, Damien Martyn, on Twitter.<ul class="read-more-links"><li>Read more:</li><li><a href="https://www.businessinsider.com/national-security-adviser-believes-russia-helping-sanders-not-trump-2020-2?r=US&amp;IR=T">Trump asks if Democrats will launch an investigation into whether 'Russia, Russia, Russia' helped Sanders win the Nevada Caucus</a></li><li><a href="https://www.insider.com/donald-trump-congratulates-bernie-sanders-nevada-caucus-2020-2">Donald Trump congratulated 'crazy' Bernie Sanders on his win in the Nevada caucus</a></li><li><a href="https://www.insider.com/trump-blamed-russian-interference-intel-on-democrats-2020-2">Trump called reports of Russian interference 'rumors,' while Sanders' campaign claimed it could be a leak meant to damage his candidacy</a></li><li><a href="https://www.insider.com/list-of-most-famous-shocking-presidential-pardons-in-us-history">11 of the most notable and shocking presidential pardons in US history</a></li><li> </li></ul>

Trump struggled to pronounce the names of India's two most famous sports stars at a rally to kick off his visit there

<ul class="summary-list"><li>Universal basic income is quickly evolving from a fantastical idea into economic reality.</li><li>Several countries are testing it and figures like Elon Musk and MrBeast have endorsed the concept.</li></ul>Universal basic income has made <a target="_blank" href="https://www.businessinsider.com/universal-basic-income-works-red-state-blue-state-2023-10">giant strides</a> from its origins as a utopian vision toward becoming economic reality.Basic income trials have been conducted in countries as varied as Kenya, Finland, India, and Canada. Tesla's <a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a>, YouTube star <a target="_blank" href="https://www.businessinsider.com/mrbeast-youtube-cash-giveaway-universal-basic-income-ubi-givedirectly-philanthropy-2024-6">MrBeast</a>, and former Labor Secretary Robert Reich are among the high-profile champions of the concept.Yet the idea of handing out money with no strings attached strikes many people as alien, questionable, or even just plain wrong.Here's a closer look at UBI, its history, and its potential advantages and possible downsides.<h2 id="88e18507-5ec2-4678-9f7f-a7f00e3ebcb6">What is UBI?</h2>A universal basic income is generally defined as a recurring cash payment to all individuals in a population regardless of their wealth, with no restrictions on how the money is spent and no repayment expected.Experiments have been relatively small-scale, and many have targeted lower-income populations rather than everyone to keep costs down, garner political support, and maximize the payments' impact on poverty.<h2 id="2cab9877-5f1d-4124-9c0d-010624c56238">Where did the idea come from?</h2>People have proposed <a target="_blank" href="https://www.businessinsider.com/what-is-basic-income-2016-8">variations of UBI</a> since at least the 1500s, when Spanish humanist Juan Luis Vives called for everyone to be given food even if they'd gambled away their money, as he believed nobody should die of hunger.American revolutionary Thomas Paine proposed a national fund in 1797 that would pay some money to citizens every year after they turned 21.Dr. Martin Luther King Jr. touted the concept in 1967. The civil rights leader hailed it as a tool to redress historical racial discrimination and temper widespread poverty and unemployment in the Black community.Legendary economist and free market champion Milton Friedman defended a similar idea: a negative income tax. He said it might help the poor without distorting the market, and lessen the government's role in determining who deserves support.The list of proponents has expanded in recent years to include <a target="_blank" href="https://www.businessinsider.com/where-us-politicians-stand-on-universal-basic-income-2017-9">Sen. Bernie Sanders</a> of Vermont, technocrat <a target="_blank" href="https://www.businessinsider.com/andrew-yangs-on-universal-basic-income-versus-higher-wages-2021-4">Andrew Yang</a>, OpenAI CEO <a target="_blank" href="https://www.businessinsider.com/openai-sam-altman-universal-basic-income-idea-compute-gpt-7-2024-5">Sam Altman</a>, and many other high-profile individuals.<div type="image" title="Sen. Bernie Sanders at the Capitol last month." height="1333" width="2000" msid="111489364" hostid="261" sizebytes="71634"></div><h2 id="3035fc2b-8926-468e-a03e-dbe3b64d5716">What's the point of UBI?</h2>Proponents of UBI say it reduces poverty, strengthens the social safety net, promotes health and happiness, and combats the stigma around welfare.Simply giving people money can help them to afford basics like groceries, clothing, shelter, and transportation. Covering the costs of daily life has <a target="_blank" href="https://markets.businessinsider.com/news/stocks/big-short-michael-burry-jpmorgan-consumer-inflation-rates-banking-crisis-2023-4">only grown harder</a> in recent years, as food, fuel, and rent inflation has jumped to 40-year highs, and credit card, car loan, and mortgage payments have ballooned due to surging interest rates.A guaranteed income can also give people the confidence, security, and freedom to know they won't starve or be evicted if they lose their jobs or quit. They might want to start a business, stay at home to raise their children, care for relatives, invest in training or education, or manage a sickness or disability.Regular cash payments may help to relieve the stress and worry of paying bills, saving for college or retirement, or losing access to means-tested support. Basic income recipients in a Finnish trial <a target="_blank" href="https://www.businessinsider.com/finlands-basic-income-trial-people-happier-jobs-coronavirus-spain-2020-5">reported</a> higher life satisfaction, improved health, and lower levels of depression and loneliness.Making universal payments might also lessen the stigma around receiving government benefits, avoid some of the costs and mistakes of administering means-tested support, and provide a safety net for the wealthy if they run into financial trouble.As for Musk and other technologists, they <a target="_blank" href="https://www.businessinsider.com/elon-musk-universal-basic-income-ubi-ai-automation-unemployment-quotes-2024-6">predict</a> that artificial intelligence will render millions of workers <a target="_blank" href="https://www.businessinsider.com/anthropic-ceo-dario-amodei-universal-basic-income-ubi-ai-inequality-2024-6">obsolete</a>, making it necessary to provide a basic income for those out of work to survive.<h2 id="40019cc1-7874-417b-9bf5-325bda2055d0">What do critics say?</h2>Critics say that UBI <a target="_blank" href="https://www.businessinsider.com/finland-basic-income-experiment-reasons-for-failure-2019-12">erodes the incentive to work</a>, encouraging laziness and idleness. They also warn that recipients might waste the money on shopping, vacations, gambling, liquor, cigarettes, or drugs.Other skeptics question why wealthy people should receive money they don't need, and caution that paying it for it would require higher taxes or budget cuts.Dave Ramsey has criticized the concept as "<a target="_blank" href="https://www.businessinsider.com/universal-basic-income-ubi-dave-ramsey-show-karl-marx-playbook-2024-7">straight out of the Karl Marx playbook</a>." The personal finance guru and radio host bemoaned that people build character by overcoming challenges instead of getting bailed out.It's quite possible that UBI saps work ethic. But it might also lead to higher wages, job satisfaction, and <a target="_blank" href="https://www.businessinsider.com/universal-basic-income-carbon-taxes-global-gdp-sustainability-2024-6">productivity</a>, as people could afford to be more picky about employment and hold out for better pay.<h2 id="17003560-2c7a-4c26-8c48-53681f74a829">How do supporters respond?</h2>Regarding <a target="_blank" href="https://www.businessinsider.com/how-people-spend-universal-basic-income-ubi-food-housing-transportation-2024-4">how the money is spent</a>, UBI fans say that's not a serious concern."The evidence from trials is that participants tend to spend most of the money received on the basic needs of everyday life," Jack Kellam, the head of operations at Autonomy, told Business Insider.Moreover, an <a target="_blank" href="https://guaranteedincome.us/">analysis</a> of 30 pilot programs in the US involving nearly 8,300 participants found more than half the cash grants went toward food and groceries, transportation, housing, utilities, healthcare, and education.<div type="image" title="mrbeast" height="5600" width="4480" msid="111489362" hostid="261" sizebytes="3465620"></div>Other experts say people's spending shouldn't be scrutinized. Douglas MacKay, an associate professor of public policy at UNC-Chapel Hill, told BI that trying to control spending is "paternalistic" and fails to treat recipients with dignity — as adults and equals who are "fully capable of governing their own lives."Moreover, there's strong evidence that poorer people don't use drugs, alcohol, or tobacco at higher rates than wealthy people, and drug addiction is often triggered by mental illnesses like depression."To the extent that UBI relieves people from misery, we should expect it would decrease 'vice' spending," Karl Widerquist, a philosophy professor at Georgetown University-Qatar and the author of several books about UBI, told BI.As for the rich getting richer and the <a target="_blank" href="https://www.businessinsider.com/basic-income-gbi-ubi-low-income-americans-afford-housing-food-2024-5">question of funding</a>, Kellam said that most UBI advocates envision it alongside a more progressive tax system."Many of the wealthiest individuals would be 'net' losers in the system: though they receive payments, because they would be taxed more, they would overall be less well off," he told BI.<h2 id="7a7d8ed3-15a2-4d5e-80bb-fb75eb3b8e19">An open question</h2>Universal basic income remains a largely theoretical idea that could have significant — and unpredictable — impacts on wealth inequality, human welfare, labor markets, and entire economies.But tests and trials at different scales and across myriad countries and contexts are putting the concept through its paces, and promise to reveal whether it's an effective way to combat poverty, fight stigmas, deal with AI, and help people live healthier, happier, and more stable lives.

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Thousands of people in Kenya are getting free money for 12 years in an experiment that could redefine social welfare around the world

You Searched For "india vive" and got 4 results

HTC launches VIVE at Rs. 92,990 in India

Nazia Bijal

Trump struggled to pronounce the names of India's two most famous sports stars at a rally to kick off his visit there

Bill Bostock,Bill Bostock

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Theron Mohamed

Thousands of people in Kenya are getting free money for 12 years in an experiment that could redefine social welfare around the world

Chris Weller

Popular Keywords

Buying Guides