K. Thirumalaisamy and A. Subramanyam Reddy
The analysis of fluid flow and thermal transport performance inside the cavity has found numerous applications in various engineering fields, such as nuclear reactors and solar…
Abstract
Purpose
The analysis of fluid flow and thermal transport performance inside the cavity has found numerous applications in various engineering fields, such as nuclear reactors and solar collectors. Nowadays, researchers are concentrating on improving heat transfer by using ternary nanofluids. With this motivation, the present study analyzes the natural convective flow and heat transfer efficiency of ternary nanofluids in different types of porous square cavities.
Design/methodology/approach
The cavity inclination angle is fixed ω = 0 in case (I) and
Findings
The average heat transfer rate is computed for four combinations of ternary nanofluids:
Practical implications
The purpose of this study is to determine whether the ternary nanofluids may be used to achieve the high thermal transmission in nuclear power systems, generators and electronic device applications.
Social implications
The current analysis is useful to improve the thermal features of nuclear reactors, solar collectors, energy storage and hybrid fuel cells.
Originality/value
To the best of the authors’ knowledge, no research has been carried out related to the magneto-hydrodynamic natural convective
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In recent times, there has been a growing interest in buoyancy-induced heat transfer within confined enclosures due to its frequent occurrence in heat transfer processes across…
Abstract
Purpose
In recent times, there has been a growing interest in buoyancy-induced heat transfer within confined enclosures due to its frequent occurrence in heat transfer processes across diverse engineering disciplines, including electronic cooling, solar technologies, nuclear reactor systems, heat exchangers and energy storage systems. Moreover, the reduction of entropy generation holds significant importance in engineering applications, as it contributes to enhancing thermal system performance. This study, a numerical investigation, aims to analyze entropy generation and natural convection flow in an inclined square enclosure filled with Ag–MgO/water and Ag–TiO2/water hybrid nanofluids under the influence of a magnetic field. The enclosure features heated slits along its bottom and left walls. Following the Boussinesq approximation, the convective flow arises from a horizontal temperature difference between the partially heated walls and the cold right wall.
Design/methodology/approach
The governing equations for laminar unsteady natural convection flow in a Newtonian, incompressible mixture is solved using a Marker-and-Cell-based finite difference method within a customized MATLAB code. The hybrid nanofluid’s effective thermal conductivity and viscosity are determined using spherical nanoparticle correlations.
Findings
The numerical investigations cover various parameters, including nanoparticle volume concentration, Hartmann number, Rayleigh number, heat source/sink effects and inclination angle. As the Hartmann and Rayleigh numbers increase, there is a significant enhancement in entropy generation. The average Nusselt number experiences a substantial increase at extremely high values of the Rayleigh number and inclination.
Practical implications
This numerical investigation explores advanced applications involving various combinations of influential parameters, different nanoparticles, enclosure inclinations and improved designs. The goal is to control fluid flow and enhance heat transfer rates to meet the demands of the Fourth Industrial Revolution.
Originality/value
In a 90° tilted enclosure, the addition of 5% hybrid nanoparticles to the base fluid resulted in a 17.139% increase in the heat transfer rate for Ag–MgO nanoparticles and a 16.4185% increase for Ag–TiO2 nanoparticles compared to the base fluid. It is observed that a 5% nanoparticle volume fraction results in an increased heat transfer rate, influenced by variations in both the Darcy and Rayleigh numbers. The study demonstrates that the Ag–MgO hybrid nanofluid exhibits superior heat transfer and fluid transport performance compared to the Ag–TiO2 hybrid nanofluid. The simulations pertain to the use of hybrid magnetic nanofluids in fuel cells, solar cavity receivers and the processing of electromagnetic nanomaterials in enclosed environments.
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This study aims to investigate entropy generation through natural convection and examine heat transfer properties within a partially heated and cooled enclosure influenced by an…
Abstract
Purpose
This study aims to investigate entropy generation through natural convection and examine heat transfer properties within a partially heated and cooled enclosure influenced by an angled magnetic field. The enclosure, subjected to consistent heat production or absorption, contains a porous medium saturated with a hybrid nanofluid blend of Cu-Fe3O4 and MoS2-Fe3O4.
Design/methodology/approach
The temperature and velocity equations are converted to a dimensionless form using suitable non-dimensional quantities, adhering to the imposed constraints. To solve these transformed dimensionless equations, the finite-difference method, based on the MAC (Marker and Cell) technique, is used. Comprehensive numerical simulations address various control parameters, including nanoparticle volume fraction, Rayleigh number, heat source or sink, Darcy number, Hartmann number and slit position. The results are illustrated through streamlines, isotherms, average Nusselt numbers and entropy generation plots, offering a clear visualization of the impact of these parameters across different scenarios.
Findings
Results obtained show that the Cu-Fe3O4hybrid nanofluid exhibits higher entropy generation than the MoS2-Fe3O4 hybrid nanofluid when comparing them at a Rayleigh number of 106 and a Darcy number of 10–1. The MoS2 hybrid nanofluid demonstrates a low permeability, as evidenced by an average Darcy number of 10–3, in comparison to the Cu hybrid nanofluid. The isothermal contours for a Rayleigh number of 104are positioned parallel to the vertical walls. Additionally, the quantity of each isotherm contour adjacent to the hot wall is being monitored. The Cu and MoS2 nanoparticles exhibit the highest average entropy generation at a Rayleigh number of 105 and a Darcy number of 10–1, respectively. When a uniform heat sink is present, the temperature gradient in the central part of the cavity decreases. In contrast, the absence of a heat source or sink leads to a more intense temperature distribution within the cavity. This differs significantly from the scenario where a uniform heat sink regulates the temperature.
Originality/value
The originality of this study is to examine the generation of entropy in natural convection within a partially heated and cooled enclosure that contains hybrid nanofluids. Partially heated corners are essential for optimizing heat transfer in a wide range of industrial applications. This enhancement is achieved by increasing the surface area, which improves convective heat transfer. These diverse applications encompass fields such as chemical engineering, mechanical engineering, surface research, energy production and heat recovery processes. Researchers have been working on improving the precision of heated and cold corners using various methods, such as numerical, experimental and analytical approaches. These efforts aim to enhance the broad utility of these corners further.
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Baljinder Kaur, Ramandeep Kaur and Kiran Sood
Purpose: The purpose of the study is to investigate how blockchain, a new emergent technology, has spread throughout the insurance industry by evaluating incidents reported in the…
Abstract
Purpose: The purpose of the study is to investigate how blockchain, a new emergent technology, has spread throughout the insurance industry by evaluating incidents reported in the literature, either academic or trade publications. This study specifically aims to develop a comprehensive understanding of the main effects of blockchain on the insurance sector’s core operations.
Design/Methodology/Approach: Review based approach has been utilised by evaluating incidents reported in the literature, either academic or trade publications.
Findings: Blockchain is a technology attracting more and more interest from academics and business professionals. It can be seen that the technological advancements and benefits of blockchain in the insurance industry can help it expand manifold. The wise use of technology can only provide the same. If applied without thought, it can be disastrous too. With the future integration of AI and other machine learning technologies, the authors can see that clerical work in the industry can completely shift to computers and humans can use more of their time in more developmental activities and results.
Practical Implications: The sector is moving in the direction of digital transformation employing emerging technologies and is ready for disruptions and change shortly regarding processes, industry structure, rivalry, and organisational structure.
Research Limitations: Future researchers could investigate the existing technique to examine the dissemination of upcoming technologies, such as cognitive computing, blockchain, and artificial intelligence, in certain industries or organisational functions.
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Bhavna Sharma and Anurag Kumar
Purpose: Tax fraudulence is not an aberration, but it is a deliberate attempt to get rid of the tax burden. The government took enormous measures to curtail tax fraud, which seems…
Abstract
Purpose: Tax fraudulence is not an aberration, but it is a deliberate attempt to get rid of the tax burden. The government took enormous measures to curtail tax fraud, which seems dispensable. Taxation is the largest area that needs to be explored as individuals make discrete stings while filing taxes. Since compliance-focussed systems for tax collection are missing, this department is facing difficulties in providing quality data. This chapter will cover blockchain operations in the tax system to streamline the entire process and highlight the challenges.
Need of the Study: As the growth of technology is in the boom stage, research should be carried out to create more awareness regarding its usage and its possible threats. This study will spark more light on taxation by taking blockchain as the torch to improvise the vision.
Design/methodology/approach: The researcher did a comprehensive analysis of the Indian Tax Department and determined whether simplifying taxation could be possible through blockchain. The study gathered concrete facts about the various challenges faced while implementing this system.
Finding: Blockchain technology is rapidly making a roadmap in the taxation system, and there is tremendous potential to create a future vision with blockchain.
Practical Implications: This study will accentuate the function of blockchain technology that is becoming more prominent in the global technology sphere. This study will aid scholars in elaborating on the role of blockchain technology.
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Kavita Dahiya, Sanjay Taneja and Ercan Özen
Purpose: The concept of sustainability in the livelihood of rural people is the central point for the discussion for policymakers. Different policies for poverty reduction…
Abstract
Purpose: The concept of sustainability in the livelihood of rural people is the central point for the discussion for policymakers. Different policies for poverty reduction, developing economies, and environment management are not capable of using multimedia technology for rural entrepreneurial development.
Need of the Study: The study analyses the impact of multi-media and tries to understand its significance for rural enterprises to contribute to developing entrepreneurship in rural areas to minimise poverty.
Methodology: This research analysed a framework that highlights that multi-media technology offers different ways to earn a sustainable livelihood by enhancing the range of advanced technology, access to information assets, increased social networks, information transfer system, and modernisation of traditional working. A total of 450 rural entrepreneurs were contacted to collect the data from 6 different divisions of Haryana through a questionnaire on 5-point scale. A purposive sampling technique was used for primary data collection.
Findings: The multi-media technology influences rural entrepreneurial development through certain organisational factors, new products and services, improved customer service, generation of employment opportunities over time, increased loyalty, and novel combination of resources within the specific context.
Practical Implications: The study concludes the capabilities may be utilised up to maximum advantages that increase with the use of multi-media technology in the rural framework.
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Baljinder Kaur, Rupinder Kaur, Kiran Sood and Simon Grıma
Purpose: Worldwide economies have been shattered by the alarming increase in Non-Performing Assets (NPAs) in Banking Sector. In India, the rise in NPA levels gives a clear insight…
Abstract
Purpose: Worldwide economies have been shattered by the alarming increase in Non-Performing Assets (NPAs) in Banking Sector. In India, the rise in NPA levels gives a clear insight into the health of industry and state. This study aims to determine how NPAs in India impact the profitability of eight banks chosen from the public and private sectors; specifically: Punjab National Bank (PNB), Bank of India (BOI), UCO Bank, Punjab and Sind Bank (PSB), HDFC Bank, Axis Bank, ICICI Bank, and Yes Bank; during the period 2009/2010 to 2017/2018.
Design/methodology/approach: The study utilised IBM SPSS version 20 application to carry out our statistical analysis of measures of central location (mean and median), measures of dispersion (standard deviation), to carry out the Kolmogorov–Smirnov test to check the normality of data, the Mann–Whitney U test (for two groups) for median comparison between private and public sector banks and the Kruskal–Wallis test (for more than two groups) for median comparison for more than two banks. p ≤0.01 and p ≤0.05 were the two-tailed significance level used for determining the significance of all statistical tests.
Findings: Trend analysis and statistical tests show that the trend in public sector banks to have NPAs is higher compared to private sector banks, and losses arising from NPA impact the banks’ profitability.
Practical implications: It is apparent that NPAs are a large threat to banks in India as it reflects the state of the Indian economy. The growth of the economic cycle is predominantly dependent on the smooth and profitable functioning of private and public sector banks. This current study focusses on and compares the impact of NPAs on the profitability of public and private sector banks. NPAs have grown exponentially more in the case of public sector banks than private sector banks, which has affected the former banks’ financial health and performance. Increases in the level of NPAs adversely affect the working style and long-term stability of public and private sector banks in the economy.
Social Implications: NPAs have a negative influence on the profitability of the banks as well as on the economic growth of the country too. However, it is recommended that management in the banking sector, particularly the public banks, should use various preventive and recovery strategies to reduce the risk of failure and to keep track of NPAs to stay safe.
Originality/value: This study aims to determine how NPAs in India impact the profitability of eight banks chosen from the public and private sectors; specifically: PNB, BOI, UCO Bank, PSB, HDFC Bank, Axis Bank, ICICI Bank, and Yes Bank; during the period 2009/2010 to 2017/2018.
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Shazib Ahmad, Saksham Mishra and Vandana Sharma
Purpose: Green computing is a way of using the computer resource in an eco-friendly while maintaining and decreasing the harmful environmental impact. Minimising toxic materials…
Abstract
Purpose: Green computing is a way of using the computer resource in an eco-friendly while maintaining and decreasing the harmful environmental impact. Minimising toxic materials and reducing energy usage can also be used to recycle the product.
Need for the Study: The motivation of the study is to use green computing resources to decrease carbon emissions and their adverse effect on the environment.
Methodology: The study uses a qualitative method of collecting resources and data to address the opportunities, challenges, and future trends in green computing for Sustainable Future Technologies. The study focusses on multiple kinds of cloud computing services collected and executed into single remote servers. The service demand processor offers these services to the client per their needs. The simultaneous requests to access the cloud services, processing and expertly managing these requests by the processors are discussed and analysed.
Findings: The findings suggest that green computing is an upcoming and most promising area. The number of resources employed for green computing can be beneficial for lowering E-waste so that computing can be environmentally friendly and self-sustainable.
Practical Implications: Green computing applies across all industries and service sectors like healthcare, entertainment, tourism, and education. The convergence of technologies like Cloud Computing, AI, and Internet of Things (IoT) is greatly impacting Green Supply Chain Management (GSCM) market.
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Purpose: FinTech is exploding all over the world. FinTech companies play a critical role in growing the banking industry. This chapter reviews existing literature on FinTech in…
Abstract
Purpose: FinTech is exploding all over the world. FinTech companies play a critical role in growing the banking industry. This chapter reviews existing literature on FinTech in banking, particularly its publication trend, journal productivity and impact, affiliated organisations and related themes.
Need for the Study: FinTech is reshaping the banking sector as banks move towards digitisation. FinTech has eliminated the need for paper, reduced the requirement for physical presence, and destroyed the necessity for cash. Several researchers have studied the features and benefits of FinTech technologies in the banking field. So, there is a need to analyse the available literature to identify the scope of further research in this field.
Methodology: For a comprehensive review, Bibliometric and content analysis of 77 open access green articles collected through the structured database of ‘Dimensions’ is done. These articles are published in the UGC Journal List Group II.
Findings: It is revealed that the execution of FinTech is continuously increasing in the banking sector, which has resulted in automation in various banking activities. The study revolves around technology and Banking, Financial Inclusion and Growth, and the Impact of the Financial Crisis on Banking and Peer-to-Peer (P2P) lending.
Practical Implications: The conclusions of this study can help academia and industry improve their understanding of FinTech in Banking, specifically its publication trend, geographical distribution, and creation of coherent themes. Careful analysis of collected articles will help to explore the scope of further research.
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Rajbala Rajbala, Pawan Kumar Singh Nain and Avadhesh Kumar
Purpose: Technological innovations and frameworks that provide a framework for unification have evolved to improve information exchange across organisational units and information…
Abstract
Purpose: Technological innovations and frameworks that provide a framework for unification have evolved to improve information exchange across organisational units and information security. These integration technologies share and communicate information using defined protocols and different data. Service-oriented architecture (SOA) is a significant emerging approach that enables modular design solution construction.
Methodology: These designs are beneficial when many apps operating on different architectures and networks need to connect. A well-defined strategy and company-specific guidelines are essential for ensuring the firm’s systematic adoption of such an architecture. The critical components of MASSOASCM ‘(Multi-Agent System Service Oriented Architecture Supply Chain Management’ are a multi-agent system (MAS), a service-oriented structure, and supplier management. The MASSOASCM model has been made, and a production unit has been made to show how it works.
Findings: It has been stated that it saves development costs, and inventory management, all of which are critical concerns in any company. Our goal is to create an inventory control approach that relies on MAS and SOA but also a simulation that demonstrates how it works and may enhance Supply Chain Management (SCM) productivity in a production plant.
Practical Implications: The SCM implementation comprises three different services: SCM, SOA, and MAS. These facilities are constructed, maintained, planned, and implemented individually before being brought together collectively using MAS and SOA techniques.