How many people do you think it takes to hammer out a global climate agreement? 500? 5,000? 50,000? Apparently, the correct answer is 70,000. That’s about how many people are expected to turn up in Dubai over the next few weeks for COP28
In today's edition of Moneycontrol Pro Panorama: We already know what will happen at COP28, a new must-have charter for Railways, how fast can Big Tech grow?, the time for action on global warming is now, and more
Though data privacy and information security have a close and critical relationship, they represent distinct aspects of safeguarding personal data. Understanding these nuances is crucial for organisations seeking to protect personal data in an increasingly interconnected world and to comply with the provisions of the DPDP Act
We started too late. We are going too slowly. A peak in global emissions seems closer than ever, even though the dramatic falls needed are still very hard to imagine
An OECD study shows road tax rates on fuel fell in major economies, as governments provided relief to citizens from an energy price spike but also due to a lack of indexation to inflation
Passenger load factor, that shows the percentage of capacity utilised, stands roughly similar to 2019 pre-pandemic levels at 81.3% for Asia in 2023 against 69.2% in 2022. But executives don’t know whether the high-load factors they’re running now will remain elevated when new capacity is added, or if demand for travel is already near its peak
He advocated for learning “all the big ideas in all the big disciplines,” and his talks were peppered with references to Confucius, Charles Darwin, Benjamin Franklin, Isaac Newton and even Mozart. In a way, his sweeping academic interests seemed to mirror Berkshire’s diverse portfolio
It’s beyond time to ask whether COP works as it should. Despite nearly three decades of summits, emissions continue to climb. One clear problem is the voting structure requiring consensus, meaning that all 198 UNFCCC member countries must agree. Overt focus on long-term targets with broad scopes isn't helping either
A 2028 p/e ratio is only as good as the growth estimates backing it.
While the pace of investments has continued to slow down this year, an improvement on the exits front, has provided much needed cheer to startup investors
The railway finances are not in a great shape as seen in the operating ratio. More than that, it needs to instil back a sense of autonomy within the organisation
Can the COP28 being held in Dubai effectively address the contentious theme of financing and give an impetus to the global crusade against climate change?
How realistic are expectations of a soft landing for advanced economies? How did the Fed Funds rate move during previous tightening episodes? Is this time different? The outlook for asset prices depends on answers to these questions
ChatGPT upended all our assumptions about automation, with those in white-collar jobs waking up to the reality of AI outperforming them in many areas. World nations and tech companies are racing to gain the upper hand in AI to power them ahead of rivals. All said, we can’t even fathom much of the far-reaching changes that AI could produce
The hedge fund community is a keystone of the debt markets; disrupting its ability to absorb government debt will have knock-on effects for borrowing costs
The RBI has been exhorting NBFCs to diversify their resource base away from banks. But this is easier said because the larger problem is with the nature of the debt market itself
In today's edition of Moneycontrol Pro Panorama: RBI notes risks in bank deposits, Gujarat’s marketing acumen a template for other states, AI needs better global regulations, China’s low success in carbon reveals cracks in system, and more
As an ardent advocate of the Global South, India must harp on the fact that denying developing countries greater latitude on clean energy transition could hinder their ability to become energy secure, achieve rapid and inclusive growth, and promote the economic security of their citizens
India still relies on coal for 70 percent of its energy needs while renewables are facing multiple challenges. India has an opportunity to take the lead in a transition to cleaner ultra-supercritical coal power plants and deploying carbon capture utilisation and storage tech, which can potentially trap 90 percent of carbon emissions
As the global community convenes for COP28 in the United Arab Emirates, India must once again assert itself in climate negotiations, emphasising the collective objectives that demand our shared focus during the summit
The state’s story is one of grand visions and a master plan with a long runway, with many blocks coming together over a thirty-year horizon
Global regulation should ensure that users know what AI systems have generated content through proper disclosures, mandate AI systems to proactively educate users and assess their maturity
Chinese businesses see a $1 trillion e-commerce market and a US society fed up with inflation and high cost of living. Moreover, entrepreneurship is difficult in China, where one can never sit back, relax and collect dividends from past hard work. Whether politicians like it or not, the Chinese are coming and Americans can finally get some reprieve and value for their money
CBDCs are coming, because they represent a big upgrade over money as we know it. That said, their widespread use is not guaranteed. They might not catch on among people who are already comfortable with banks, who trust deposit insurance and who enjoy the various perks that credit-card issuers provide
Divisions are running deep before COP28 begins. There’s been no firm commitment from developed nations for an immediate and notable financial contribution. Developing countries want developed ones to provide at least $100 billion worth of annual financing by 2030
