The human perils of giving ChatGPT more memory
OpenAI mustn't repeat Facebook's mistake of "remembering" user preferences and views and feeding more of the same, ultimately driving them into silos. It must offer diverse perspectives on political or social issues, even if they challenge a user’s prejudices
The Netflix model may just save India’s online learning apps
The funding winter for edutech is real — the shock from Byju’s collapse is still playing out. Players are looking to marry the scale of cloud computing with the classroom clout of charismatic, million-dollar tutors to create a winning hybrid. A coaching-centre heavyweight like Allen building digital muscle or an internet sensation like PhysicsWallah entering the brick-and-mortar world could work, provided companies don’t eplicate Byju’s hyper-aggressive sales machine or spend as lavishly as it did on unrelated acquisitions
43 Is The Number: BJP’s quest to retain NDA’s 2019 Maharashtra tally
What’s the BJP strategy behind ensnaring Ashok Chavan? To retain the 43 seats NDA won in 2019, BJP ensured splits in NCP and Shiv Sena. But the gains have reached saturation because of polarised voters. And so a new narrative of a weakening Congress that even its top leaders have no confidence in, and thus chipping away at the wavering holdout voter
Bandhan Bank’s investors deserve a neat, clean book
What doesn’t help Bandhan Bank’s cause is its own asset quality track record. For the past two quarters, the lender has disappointed investors with the quality of its loans as slippages have increased leading to an impact on its bottom line
How fast-growing chronic drugs are reshaping the Indian pharma market
Pharma companies are increasing focus on chronic medicines as this category of drugs continues to outperform the Indian market
MC Pro Quick Take | Auto product mix aids M&M’s Q3 performance beat
The company expanded market share in the farm equipment segment where it commands a leadership position, notwithstanding challenging times
Indonesia Elections: Prabowo victory means democracy, interrupted
Democracy in Indonesia is not some esoteric idea, or lofty ideology. It is a bitterly fought for privilege and should not be taken for granted. This generation of Indonesians cannot let the sacrifices of those who have gone before them go to waste
Moneycontrol Pro Panorama | A red flag for the market -- fund manager bullishness at 2-year high
In today's edition of Moneycontrol Pro Panorama: BJP may withstand farmers’ fury, couples should talk money early on in relationship, headwinds in private capex continues, lessons to learn from knowing market history, and more
How financial engineering can help Europe go green
For funding renewable projects, derivatives such as two-way contracts have existed for long but inertia prevents their greater adoption. Each project has a target price, determined at a competitive auction. When market prices are lower than the target, the government makes up the difference. When the market goes higher, the producer pays the excess to the government
Every corporation needs a Marie Kondo
Employees said that they spent an average of 27% of their time on bureaucratic chores such as writing reports or documenting compliance. Every year most companies hold annual performance reviews in which managers assess their charges and the charges respond. Employees also need the opportunity to suggest ways in which the company is making poor use of their time
Climate Crisis: A four-point primer for India’s young entrepreneurs scouting for green opportunities
The past 12 months have been the hottest ever, and there will be consequences both environmentally and economically if we don't make a course correction. Today's young business owners must use their imaginations, and develop long-term, viable solutions for the future
Everyone calm down about CPI
Inflation expectations, which the Fed thinks are the most important single input to realised inflation, are falling.
Protest-vaccinated BJP may withstand farmers’ fury
The BJP has not been caught off guard by the farmers’ protest at Delhi border, as the party leaders pointed out that they are now habituated with pre-poll agitations
The wait for private capex is going to get longer
Private sector participation in public infrastructure has not been a great experience for both the players and the financing banks. Meanwhile, many of the services which now contribute increasingly to total consumption, such as financial services, online e-commerce, and numerous tech startups are not very capital intensive
Gemini or Bard? Post-ChatGPT, companies grapple with the art of naming AI
Naming any technology is difficult, but AI is doubly so. It has to evoke a sense of the cutting edge, be at once both sophisticated and safe, perhaps even friendly. A good name leaves room for the technology to grow and change without rendering its moniker obsolete or inaccurate. On top of all this, it has to sound cool
Chart of the Day: All-time highs of stocks can help spot market tops and bottoms
The market has made a new high but the number of stocks making new highs is dwindling. Market history holds some lessons for investors
The North-East finally closes its infrastructure ‘gap’ with Assam leading the way
Assam as the connecting state to the North-East’s “seven sisters” is witnessing a paradigm shift. If Assam prospers, its immediate neighbours will benefit
Making India aatmanirbhar in oilseeds will not be an easy task
The government needs to think of innovative supply-side solutions, but perhaps also encourage people to consume less edible oil from the health standpoint
Shunning stocks and hoarding cash is harming European wealth
Were European Union families to tweak their asset allocation, increasing their commitment to equities by a modest 5 percentage points, this could unlock €1.8 trillion of capital for productive investment. Similarly, the UK could unlock £740 billion ($943 billion) of capital if households increased their holdings of equities and funds to one quarter of total financial assets
Pakistan: The forever mil-establishment in a country forever at war with itself
Democracies, even if they’re faux democracies like Pakistan, are about a collective sense of “We” for the people. In Pakistan, these elections leave the people grappling with a series of “I”s – Imran, inconclusive, internet blackouts, independents, intimidation, inflation, and ignominy
Moneycontrol Pro Panorama | Investors’ discerning lens on earnings
In this edition of Moneycontrol Pro Panorama: India-UAE bonhomie paints a rosy picture, can gold prices steady itself after slump, decoding impact of Red Sea crisis on Indian companies, capitalising on volatile oil market, and more
The FinFluencer menace is not just a social media phenomenon
The recent SEBI action on FinFluencers who appeared on a business TV channel and tended misleading financial advice for personal gain opens a new front in the battle for the markets regulator. While SEBI's action underscores its commitment to safeguarding investor interests, it must do more to enshrine transparency across media platforms
Stocks and bonds diverge as investors worry less about inflation
Differing paths of equities and fixed income mark return to longer-term norm
Trump may keep the US in NATO, but the damage is done
Trump has made little secret of his disdain for the alliance — and his admiration of Vladimir Putin, its principal nemesis. Trump did propose pulling the US out in 2018 but Congress passed legislation requiring a two-thirds Senate majority for that to happen. Yet the fail-safe isn’t enough to stop Trump destroying the alliance from within if he wants to
Jokowi Era In Retrospect: The silver lining of Indonesia’s big economic miss
Jokowi is bequeathing his successor a solid, if unspectacular, platform. He has done well, though not so well as he had hoped. But the next leader should set aside some of the hype that has prevailed in recent years. There's no substitute for buckling down and doing the work
