SENSEX
NIFTY
GOLD
USD/INR

Weather

image 33    C

Opinions & Blogs / The Economic Times

Cruising at a good speed

India and the US are gearing up for the 20th iteration of Yudh Abhyas, the joint army exercise scheduled for September. It will be followed by the 28th edition of the Malabar naval exercise comprising the US, Indian, Australian and Japanese navies. None of this suggests a dip in relations. Not only will this Yudh Abhyas be larger with double the number of troops - 600 each from both - but the US Army is likely to bring the Stryker armoured vehicle so it can be tested at high altitude before talk

23 Apr 2024 11:39 pm
The appeal of a book

French emperor Napoleon Bonaparte retained his mental equilibrium at St Helena as he spent time reading books. Nelson Mandela told his biographer that he remained sane because he had the company of books at Robben Island where he was incarcerated for 27 long years.

23 Apr 2024 11:39 pm
Recharge your battery wisdom

As the demand for more efficient and advanced batteries escalates with the proliferation of electronic devices, buckle up to learn about the promising future of that entity that quietly buzzes inside our devices from laptops and cars, to smoke detectors and smartphones.

23 Apr 2024 11:20 pm
'Public sentiment', a politician's pvt unltd

Politicians leverage 'public sentiment' to influence decisions, reinforcing the quantity principle. Innovations, like Apple's 'Think Different' strategy, challenge public sentiment. This 'mandate' shapes beliefs, even supporting ideas such as the flat Earth theory.

23 Apr 2024 11:17 pm
How to deal with unrequited love

Maldives aligns with China under President Muizzu, posing concerns for India. To counter China's influence, India leverages cultural ties, upholds rules-based order, and engages in regional partnerships like Quad and International Solar Alliance.

23 Apr 2024 11:14 pm
Good times for merchants of death

Global defence industry shifts as US dominates amid conflicts. Countries pursue local production due to US unreliability. China, India aim for self-sufficiency, unsettling arms market. Sanctions distort trade, favoring US. Merchants profit in turbulent times.

23 Apr 2024 11:11 pm
How RBI can lead central banks in lowering rates instead of following the Fed

It would be wrong to say that RBI blindly follows the US Fed. But it targets CPI, and that can lead to errors. India's WPI has changed little since late 2022, moving up and down in a 4% band around 150.0. But CPI has risen much more, and that is the figure Shaktikanta Das looks at.

23 Apr 2024 11:02 pm
What's the buzz about Amethi, the erstwhile Gandhi pocket borough?

Rahul Gandhi represented Amethi from 2004 till 2019. The seat is also associated with Rahuls father Rajiv Gandhi, who represented the seat between 1981 till his death in 1991. Sonia Gandhi contested elections from here in 1999 and passed it on to Rahul in 2004.

23 Apr 2024 7:45 pm
View: Congress manifesto anchored in realities of present, unlike BJP's

The past decade has seen divisive forces exploiting religious sentiments to damage India's culture of tolerance and inclusion. Institutions the founding fathers of the republic created to protect the nascent democracy have been subverted, while government agencies have been let loose on the opposition.

23 Apr 2024 10:35 am
Don Quixote Miguel de Cervantes

A man, losing his mind, embarks on a knight errant journey to seek honor and fame by righting wrongs. He starts by cleaning rusty armor stored for years, forgotten in a corner. An attempt to clean rust-stained armor, belonging to his ancestors, marked the first action of the individual. Stored for years, forgotten in a corner, covered in mildew.

22 Apr 2024 11:23 pm
Who's hot, hotter, hottest among us?

Cities in India are engaging in a heat competition, boasting about their ability to endure high temperatures while also complaining about the heat. New Delhi has yet to reach 40C, disqualifying it from the competition, while a western disturbance has spared Maharashtra, Punjab, Madhya Pradesh, and Rajasthan. The eastern front, however, is experiencing a heatwave, providing residents of Bihar, Jharkhand, Odisha, and West Bengal with plenty to discuss. Sunday's forecast includes temperatures of 39

22 Apr 2024 11:19 pm
Systemising the game

MeitY's AI advisory ignited debates on regulating AI. SROs, endorsed by RBI for fintech sector, are crucial. Online gaming sector under GoI's scrutiny. Skill vs chance, clear guidelines, and international regulatory examples are key for effective governance.

22 Apr 2024 11:07 pm
Hanuman's potential

Hanumanji emerges as an epitome of devotion, humility, selflessness and determination. As we commune with the wisdom emanating from his sacred essence, let us remember that energy, self-help is life, and contraction, shrinking, decay is death.

22 Apr 2024 10:57 pm
US House passes bill to ban TikTok or force sale over national security concerns

The US House of Representatives has passed a bill that could lead to the banning of TikTok or force its Chinese parent company, ByteDance, to sell its holding in the app. The bill is based on concerns raised in 2020 by the Trump administration, including data collection practices, potential Chinese government influence, and censorship concerns. TikTok has argued that its data collection is similar to other social media platforms and that it operates independently of Chinese law.

22 Apr 2024 10:44 pm
Had I not changed government, money of Ladli Bahnas would have been in Digvijaya Singh and Kamal Nath's pockets: Jyoiraditya Scindia

Union Minister and BJP candidate Jyotiraditya Scindia criticized former CMs Digvijaya Singh and Kamal Nath, claiming Ladli Behena funds would be misused if he hadn't intervened. Scindia highlighted BJP's schemes and praised PM Modi's Ayushman Bharat Yojana. Congress leaders responded, questioning Scindia's actions. Guna will vote in the third phase on May 7.

22 Apr 2024 1:32 pm
Kammou Taliat (You, My Beloved) -- Bombino

The contrapuntal melody, its notes flowing and counter-flowing back on themselves, builds up this love song to a gentle frenzy. Bombino's voice, as it joins the swirling, repeating lilt of the guitar, brings with it a gossamer joy, the reverb amplifying this vastness.

21 Apr 2024 11:25 pm
Courts worldwide increasingly recognise climate action as a human right

Courts globally, including India's Supreme Court and the European Court of Human Rights, are recognizing climate action as a fundamental human right. Activists are turning to courts to push governments to enact laws protecting citizens from climate change. Courts are imposing penalties and issuing directives to compel climate action, highlighting the need for stronger legal frameworks. Recent landmark verdicts emphasize balancing conservation efforts with climate change mitigation. Young people

21 Apr 2024 11:22 pm
Earth's call

Philosophically, Earth Day invites us to ponder the wisdom of ancient traditions that have long revered nature as a sacred manifestation of the divine. From indigenous cultures to Eastern philosophies, there exists a profound reverence for the Earth as a living.

21 Apr 2024 11:16 pm
Elon Musk and India -- who needs who more? Here are some pointers

Tesla and India can tango productively, and the latter could well offer the best anchor to make batteries and export them to the world. These would both create much-needed jobs, as well as lead to a platform play for renewables and EVs in India.

21 Apr 2024 11:14 pm
Smash a guitar, live a little dangerously

Cultural differences justify actions. Rock legends smash guitars for rebellion. A P Dhillon smashed guitar at Coachella. Backlash on social media for breaking tradition. Varied views on artist behavior and audience connection.

21 Apr 2024 11:09 pm
Supreme Court reverses ban on power lines in GIB habitat, emphasizes climate change impact

The Supreme Court's recent decision to reverse its blanket ban on overhead power transmission cables in the habitat of the endangered Great Indian Bustard (GIB) in Rajasthan marks a significant shift. This move, influenced by including the impact of climate change as part of fundamental rights, reframes the development vs environment debate. The ruling acknowledges the dynamic interplay between protecting endangered species like the GIB and addressing climate change. It sets new legal precedents

21 Apr 2024 11:07 pm
An export-minded self-reliance mix

India strives to enhance global manufacturing presence through a strategic mix of export promotion and tariff protection. This approach aims to achieve self-reliance while expanding manufacturing exports, contributing to rebalancing global economic growth against China.

21 Apr 2024 11:06 pm
Mutual funds kept less cash in pocket in March after 2 months of hoarding

The cash holding by the mutual funds as a percentage of total AUM decreased last month after increasing for two consecutive months.

15 Apr 2024 4:50 pm
Class 11 student jumps to death in Ghaziabad's Indirapuram with a note in pocket

Two teenage suicides rock communities in Uttar Pradesh and Madhya Pradesh. In Ghaziabad, a 17-year-old student, Nav Khanna, tragically jumps off a high-rise building. Meanwhile, in Raisen district, a 16-year-old girl takes her own life after receiving exam results. Investigations are ongoing as communities grapple with the loss and emphasize the importance of mental health support for young individuals.

12 Apr 2024 4:44 pm
Pilibhit: Can BJP capture the pocket borough of the other Gandhis?

Lok Sabha Elections: Prime Minister Narendra Modi addressed a rally in Pilibhit, Uttar Pradesh, a constituency traditionally held by Maneka and Varun Gandhi. Varun was replaced by Jitin Prasada due to past defiance. Speculation arose about Varun running independently. The rally aims to boost Prasada's campaign amidst party quibbling.

9 Apr 2024 1:51 pm
Pocket FM completes first ever Esop buyback worth $8.3 million

Pocket FM completes $8.3 million Esop buyback for 800 employees, with 25% Esops vested in the first year. Recently raised $103 million from Lightspeed Ventures and Stepstone Group, aiming for a $1.2 billion valuation with ADIA.

1 Apr 2024 5:54 pm
'Are you in their pockets?': Guyana's President Irfan Ali accuses reporter of 'western hypocrisy' in climate debate

Guyana's President Irfan Ali's heated exchange with BBC journalist Stephen Sackur over climate change has gone viral. The video shows President Ali challenging Sackur's authority on the topic, suggesting bias due to historical environmental degradation by Western nations. The discussion centered on Guyana's plans for oil and gas extraction and its impact on carbon emissions. President Ali defended Guyana's environmental efforts, highlighting its substantial forest cover that stores 19.5 Gigatons

30 Mar 2024 4:34 pm
Time to buy the dip in pockets where correction is driven by valuation: Shreyash Devalkar

Shreyash Devalkar of Axis Mutual Fund discusses market volatility, opportunities in mid/smallcaps, sector focus on earnings, and the long-term trajectory in the power sector, emphasizing caution on asset owner valuations and potential growth in capital goods companies.

26 Mar 2024 2:52 pm
P2P lenders under stress; Pocket FMs unicorn funding round

Peer-to-peer lending companies such as Liquiloans, Lendbox, and Faircent are putting the brakes on their instant withdrawal products. This and more in todays ETtech Morning Dispatch.

22 Mar 2024 6:54 am
Pocket FMs fresh fundraise likely to value audio streaming startup at $1.2 billion

ADIA and others in talks to join new round; secondary share sale also in the works, said people in the know. The latest funding round discussions come on the back of its $103 million raise announced by the company on Wednesday.

22 Mar 2024 6:01 am
PM Modi at Startup Mahakumbh; Pocket FM, Ultrahuman raise funds

India has emerged as the worlds third largest startup ecosystem with over 1.25 lakh startups and 110 unicorns, Prime Minister Narendra Modi said at the Startup Mahakumbh. This and more in todays ETtech Top 5.

20 Mar 2024 7:15 pm
Pocket FM raises $103 mn in Series D round from Lightspeed, Stepstone Group

Pocket FM, a prominent audio entertainment platform, has secured $103 million in Series D funding led by Lightspeed, along with Stepstone Group's participation, bringing its total funding to $196.5 million. This funding will facilitate Pocket FM's expansion into the U.S., Europe, and LATAM markets in 2024, while strengthening its exclusive content library and creator community.

20 Mar 2024 3:48 pm
Pockets of opportunity in smallcap space on PEG basis: Quantum Mutual Fund

The market regulator Sebi informed mutual funds to frame a policy to protect the interest of investors of mid and small cap schemes.

4 Mar 2024 1:27 pm
Science of mantra

As soon as the sound goes into the brain, it changes its waves and assumes various geometrical patterns. These patterns are the archetypes. Now, in science, the principle is that perception and cognition take place inside through the intermediary archetypes, and what we perceive is not exactly as it was outside.

3 Mar 2024 10:49 pm
Making Bill Gates famous for Dollyites

Influencers like Dolly Chaiwala have the power to influence opinions. His fame as a tea-concocter made a random White senior citizen famous. Bill Gates' visit to Dolly Ki Tapri increased his popularity. The impact on followers and admirers is uncertain.

3 Mar 2024 10:44 pm
Star clusters to make stock constellations

Goldman Sachs has coined monikers for stocks driving stock market rallies in Europe and Japan. Investors globally are betting on a small clutch of sectors. The market is becoming more volatile due to fancy valuations and the rise of generative AI. China's equity markets point towards a reordering of the global economy.

3 Mar 2024 10:43 pm
Our cities must start this virtuous cycle

Former Intel India chief, Avtar Saini, died in a speeding car accident while cycling in Navi Mumbai. The tragedy highlights the safety concerns that prevent affluent Indians from choosing cycling as an environment-friendly option. Urban authorities must prioritize improved roads management, promote helmet and lights usage. Investment in cycle-only lanes and education for motorized vehicle-users is essential.

3 Mar 2024 10:41 pm
Viksit Bharat: The need for devising robust policies to harness potential of Indias evolving demography

In her interim budget last month, Nirmala Sitharaman proposed establishing a panel to deliberate on challenges arising from population growth and demographic changes so that India can attain developed country status by 2047. To this effect, it becomes critical to decipher the intricacies of these challenges and delineate a clear path forward.

3 Mar 2024 10:41 pm
View: The very cheesy business of passing off doosri cheez as asli cheese by brands

The McDonald's outlet in Maharashtra used cheap vegetable oil instead of cheese, leading to license cancellation. Some products contain only 2% real cheese. AI tools and QR codes may help in the future for label declarations and ingredient claims. The McDonald's saga reminds us of another case. Some years ago, Amul initiated action against Unilever's Wall's range of frozen products because they were not pure milk-based and were partly made from vegetable oil fats.

2 Mar 2024 11:00 pm
View: The one thing that can slow AI's breakneck speed

Promoters of AI sell hope and assurance like previous revolutions. AI may make labor functions redundant, lead to reduced work hours, and render developers/champions unnecessary. Investments in human-like robots and hiring freezes indicate a possible future of RHRP.

2 Mar 2024 11:00 pm
View: Poor little Gemini, it tries, tries, tries

Google's AI image generation tool Gemini was pulled last week due to its ability to generate surreal images of Black vikings, Black and East Asian 1930s German soldiers, and an African-American founding father of America. These images are surreal and have no bearing in real life, making them seem strange and unfunny. Gemini and other Learning Machines (LLMs) don't think up these images themselves, but they create them from what they are told by their human overlords and their vast training datas

2 Mar 2024 11:00 pm
View: Not waxing too eloquent about waning reenu

Feminism has affected her perception of movies. 'Premalu' tells the story of Sachin and Reenu, but the film's portrayal of Reenu's character is formulaic and lacks depth. The archetype of the unaware woman, along with the trope of a woman who remains unaware of her feelings of love (whatever that entails), are both common conventions found in the romance genre.

2 Mar 2024 9:46 pm
Let's unfurl abundance

Abundance is not just about possessions, but an attitude of generosity that extends beyond material wealth. It is a birthright, guiding us to selfless action and detachment. Abundance is about tuning into love, compassion, and generosity.

1 Mar 2024 11:01 pm
How to not get caught boycotted

Amidst widespread political unrest globally, many voices have called for boycotts as a form of protest against products, services, brands, and even entire nations. One such movement is BDS (boycott, divestment, sanctions), aiming to pressure Israel into altering its policies towards Palestinians through economic and political actions. The movement gained prominence in the early 2000s and has targeted multinational corporations like Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour, and o

1 Mar 2024 10:56 pm
How India has done a remarkable job while engaging with global rating agencies

India's engagement with global rating agencies has not yielded desired results for its sovereign credit rating. However, the country has successfully engaged with agencies managing global bond and equity indices, resulting in increased weight in the indices. India aims to further enhance its position by upgrading South Korea's status and ensuring full inclusion of HDFC Bank in the index.

1 Mar 2024 10:47 pm