BUSINESS
Giant chipmaker Nvidia seeks to make India global AI hub
Nvidia has partnered with Reliance and the Tatas to bring AI systems and language models. The government needs to ensure engineers are reskilled to meet the gap between current IT talent and what AI needs
WORLD
A dam that does neither China nor India any good
China is unilaterally proceeding with its project to dam the source of the Brahmaputra despite clear rules for the sharing of international river waters
BUSINESS
G20: Tech talent to inflation control, PM Modi pitches India as Global South leader
Prime Minister Modi will showcase India’s talent and prowess in tech at the G20 summit as also how deftly it handled inflation post the pandemic and the Ukraine war that unsettled prices across the globe
BUSINESS
Protectionism isn’t the solution for the PLI debacle for IT hardware
A key reason raising trade barriers can be counterproductive is that the moves can eventually end up harming the Indian export effort. Higher import duties across the board lead to higher cost of imported inputs
BUSINESS
MSME growth needs to come to the rescue of gig workers
To resolve the unemployment problem, we must address the disconnect between India’s GDP growth rate and employment growth rate
BUSINESS
Sustainable urban development holds the key to a better tomorrow
The right model of development is needed to ensure that we build cities that drive growth but at minimum damage to the environment
BUSINESS
Price pain: Knee-jerk trade measures mar India’s image
If India is to emerge as the growth engine for the rest of the world even as the Chinese economy is faltering, it must be ready to play host as a destination for both global exports and investments
BUSINESS
Respect nature to save Himachal
A primary reason for the floods is the pathway for the natural flow of rivers being blocked by debris which are dumped in them and those deposited by landslides
BUSINESS
Regulating doctors only first step in addressing ills of healthcare
Even if doctors start following some of these regulations, there is no point if the pharma scene remains marked by poor and indifferent product quality
BUSINESS
New criminal laws will move things forward, up to a point
The three new laws seek to speed up the trial and conviction process, sanitise evidence gathering and allow the option of community service for minor offences
BUSINESS
An outline for judicial reform needs a close look
An extension in retirement age of judges will ensure those with greater experience and appropriate calibre stick around longer and help reduce the huge number of cases pending before the higher judiciary
BUSINESS
Reintroducing import licensing for laptops is a step backward
India cannot be a high-cost island but needs to be part of the global supply chain with low tariff barriers and minimum border controls by way of licences and phytosanitary restrictions
BUSINESS
US credit rating downgrade no big deal
The reaction of the markets to the downgrade is likely to be temporary, given the widespread expectations of a soft landing for the US economy
BUSINESS
Ease of doing business is fine, but is drug safety at risk?
What has been glaringly missing in the wake of the deaths of children in Africa is a major announcement by the government of India spelling out how it is going to overhaul the entire drug regulatory mechanism
BUSINESS
The mantra to boost exports – globalise to localise
State governments and the private sector should work together to create a competitive domestic ecosystem by removing unnecessary regulations, helping with technology transfer and supporting services, training workers, sharing information, investing in R&D and offering fiscal incentives
BUSINESS
Rice and wheat export bans are knee- jerk reactions, best avoided
If India turns out to be an unpredictable supplier, then traders both in India and abroad will start hedging their positions on Indian suppliers
BUSINESS
Private sector can partner multilateral development banks
Multilateral development banks can create special funds and issue paper to investors to channel private capital into developmental efforts in various areas
BUSINESS
State approval for Dharavi redevelopment shifts attention to the project plan
The approval comes in the backdrop of a changing political landscape. Dharavi’s residents and industries will be keen to know what the future holds for them
INDIA
Don’t fight floods, learn to live with them
Instead of measures such as embankments to keep rivers out of settlements, more prudent measures such desilting can be taken up to limit flood damage
BUSINESS
Help farmers throw away the MSP crutch
The road ahead needs to be defined by better farming practices which deliver higher productivity and margins so that farmers can earn more and thereby improve their standard of living
BUSINESS
Safety commission report on Balasore accident damns railways
The report pins the blame for the lapses on human error at multiple levels in the signal and telecommunications department of the railways during signalling circuit alteration at the north signal goomty of Bahanaga Bazar station.
BUSINESS
The Green Pivot: Credit can be a game changer, if it can be made to work
BUSINESS
National action plan needed to tackle flood damage to economy
BUSINESS
Smart meters: Ticket to reduce household power bills, achieve net zero emission
