Opinions & Blogs / Livemint
The country has laid a firm foundation for growth through infrastructure development, a manufacturing push and the easing of business. Now, boosting research, judicial capacity and workforce diversity could pave our path to prosperity.
They usually emerge from a class struggle between the top two slabs of a countrys pyramid.
Concerns of US declinism have been around for long but its time to worry now. Its political resilience, university excellence and openness to immigration are all under threat.
Politicians feel compelled to respond to voters concerns
The timeless concept of leadership has been adapting to contemporary demands, fostering collaboration, innovation, and purpose-driven cultures
The Godrej reorganization is marked by elegance and could serve as a model for others. Indian business groups should also examine models used in the West and East for ways to ensure that ambitions of gaining size and going global are not compromised in the process.
These sustainers of life and cradles of civilization are suffering from both climate change and human neglect. They predate the evolution of our species by millions of years and we must awaken to the rights and protection they deserve.
CEOs are racing to leverage technology for gaining a competitive edge, but they need to broaden application of generative AI to more strategic goals in order to build resilience and open new pathways of growth.
On the campaign trail, the US President said xenophobia was responsible for stalling economic growth in India, China and Japan. His comment is puzzling, especially in India, which has the worlds fastest-growing major economy and prides itself on inclusivity.
The prolonged delay in Go Firsts insolvency case hasnt helped Indias campaign of ease of doing business in the country
The familys asset division plan has done well to minimize scope for a wrangle over a brand prized for elasticity across markets. Like a Mbius strip, the brand can be splitbut not apart.
US President Joe Biden clubbed India with China, Russia and Japan as countries he claimed were too xenophobic for their own good. Such statements lose him credibility, especially when Americas own vaunted openness seems in such bad shape.
Quick-fix recruitment at the base level doesnt always help overcome biases. Nor does it solve a problem of diversity attrition higher up the hierarchy. DEI needs to be a strategic mission.
Elon Musks visit to China got Tesla a deal with Baidu, but will it help? The EV race in Asia this year will be won by the cheapest hardware, not the most cutting-edge software.
Indias anti-defection law made elections about picking political parties more than individual candidates, which in turn has meant which way the electoral hawa or wind blows can make a significant difference to outcomes.
A law that makes everyone opt for organ donation unless one chooses to opt out would serve a humanitarian cause by boosting supply. It would also do our economy a good turn.
Theyre needed to fund essential public services and foster a society with equal opportunity for all. Inheritance and wealth taxes may be inefficient, but lets properly ensure other direct levies raise more revenue from the rich than others.
Its unfortunate that so many investor accounts have been put on hold for identity data gaps. Yes, compliance matters. But companies and mutual funds couldve put in much more effort to help out
Microsoft will invest $1.7 billion in Indonesia as part of its grand AI plan. Indian IT service firms must keep pace with the AI trajectory. Lets combine local talent with openness to other models.
Many of us hold onto outdated and ineffective ideas because of this behavioural trait. The human brain does not like to change. But innovation can be nurtured only by being open to ideas.
Rapid progress in digital banking has exposed the system to risks. Drastic supervisory steps may be necessary, but they will not be enough. RBI must update its understanding of cybersecurity.
Its not a bright picture for prices. Indias balance of food-supply likelihoods has raised the question of whether fiscal 2024-25 will see monetary easing at all.
Industrial policy has reached epidemic levels globally. It is playing a role thats subject to the risk of resources being misallocated by policymakers.
The worlds discomfort with China, Washington-Beijing geopolitical tensions, and trade and tech wars had begun to lull India into thinking that all is at last in place for our manufacturing sector to take off
Engaging students and executives from various disciplines in tackling social challenges will bring forth talented problem-solvers. A wider and better understanding of our problems could improve policymaking.
Wider loan supply is a vital economic pursuit in India, but app-driven lending is exposing people to coercive recovery tactics. The depravity these have sunk to gives credit a bad name.
While deepfake worries predate Indian elections, fresh concerns have been sparked by recent video clips of politicians. Can we expect people to be duly sceptical of what they see and hear online?
His book stands out for its analysis of the country and the solutions it offers us, but underplays the role of technology.
Outbound FDI is crucial for Indian firms to expand globally but coverage gaps in what local insurers offer must be plugged. The market sorely misses policies that make dollar payouts.
A novel approach based on the SCs climate ruling combined with a key insight from Thalers observations of human behaviour could deliver results. Start with the right to a clean environment and think incentives all the way through.
Whats costly neednt be worthy. We must weigh the costs and benefits of AI deployment. The rules need to recognize the high cost of its applicationin terms of investments, climate effects and other environmental factors.
A recent RBI working paper is a welcome addition to the literature on this subject even if it doesnt explain markets to our satisfaction. Its not an easy taskas a review of Nobel wins can testify. Recall the theory-driven LTCMs collapse?
IPO-bound Ola Cabs saw its chief Hemant Bakshi resign after barely four months in the post. Whats up? Going-electric jitters? Its path will be under watch.
If it should be easy for employers to fire workers, then it should also be easy for employees to quit. By allowing workers to move freely to roles where they are most valued, the FTC is fostering a competitive and fair labour market.
An information asymmetry needs to be fixedand fast. Enhancing the skills of employees through AI training could improve the capacity of Indian IT service companies to compete on a more equal footing.
It shouldn't worry us as the money is merely shifting to other assets and isn't as stark a phenomenon as some critics suggest. Here's what the numbers say.
We need a clear picture of India's have-nots. Without an up-to-date database that's accurate, governments will find it hard to reach households in need of state support.
Leaders must take responsibility for what happens on their watch instead of trying to pass the buck. The rule spans all kinds of organizations, from armed forces and administration to businesses.
The rationale of insisting on auctions, as the Supreme Court did in its 2G-case ruling, has weakened as technology and global norms have evolved. The 2G muddle was value destroying. Indian laws should offer clearer guidance to regulators.
Interest rates will probably stay higher for longer not just in the US, but here in India too. It could restrain a revival in private investment and constrain what the government can spend.
The police crackdown on protests against the Gaza War in American universities should leave us aghast. What happened to the US as a champion of freedom?
The people of Bihar are undoubtedly politically sensitive, but they remain obstinate about voting on the basis of castes.
India suffers from what we can call a sizable international student deficit. More public investment in developing world-class institutions of learning would attract students and boost local economies.
Every Indian citizen must have access to quality public services and government schemes and benefits. In the most remote of villages too. For a developed India by 2047, we must empower our rural institutions as an imperative.
Our perception of a soul or even vulnerability to events beyond our control can be explained without magic.
Google rejected employee protests against its cloud service contract with Israel, sacking a bunch of protestors too, a departure from its more liberal past. But then, Alphabet cant afford disruption over crucial defence-sector opportunities.
Theres a fair chance that the rupee will come out as a weaker currency over time. So, every rupee you own will buy you fewer goods and services in dollar terms. Conversely, every dollar will buy you more things in India. And this is why investing in the international market is a smart idea
A fixation with trending topics like AI is discernible among CXOs. Boys with toys spring to mind. For India Incs leadership, its crucial not to let the prevailing buzz detract attention from substantive issues.
Indian corporates have led the way in ensuring transparent emission disclosures, but we need to also put in place guardrails that prevent misuse of carbon credits.
Opposition to the inheritance tax defies political and economic logic. It can only be justified on grounds of difficulty of collection and administration.