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
Chart of the Day: Forex loans signal a revival in the capex cycle
The chart reproduced from RBI’s bulletin shows that Indian firms are using more than 60 percent of borrowings to fund expansion, acquisition or investing in capital goods
If you never got sick from COVID, thank your genes
Researchers are finding that variations in the human genome could be behind asymptomatic COVID cases and triggering Long COVID. The existing vaccines all try to prevent infection altogether, but there could be merit in focusing on vaccines designed to take advantage of that memory T-cell response that seems to work so well for people with the right genetics
Jaguar gets the UK onto the starting grid in the EV race
A new battery factory provides a welcome win for the government and the British auto industry
Our civilisation was built for a climate that’s vanishing
Weather disasters like those unfolding across the northern hemisphere will affect more and more of us
BJP hotly coveted NCP defectors for two good reasons: Winnability, Cooperative Heft
Unlike Shiv Sena’s emotive appeal to its voters, NCP’s base rests on control over agri cooperatives. This forces farmers to align with its netas, even when they shift loyalties, because proximity to power helps. Post-2014 data shows NCP defectors are 3x more likely to win than other turncoats. Can Sharad Pawar’s emotional card undercut NCP defectors’ economic bonds with voters?
An Evolutionary Question: Will AI models go big or small?
Despite the ChatGPT hype, there’s a thriving small AI ecosystem too. Stanford’s Alpaca model, trained for a mere $600, can go toe-to-toe with GPT-3.5, which cost several million dollars to train. Whether we go big or small depends on larger models hitting unresolvable performance, data, or cost constraints or smaller models becoming unoptimisable beyond a point
Lex: Tata’s battery project looks expensive and hard to pull off
What the Brexit-battered car industry really needs is a giant manufacturing plant run by a market leader
Foreign investors sidestep China in rush into Asian stocks
Over the past 12 months net foreign inflows to emerging markets in Asia “ex-China” were more than $41bn
Current infrastructure capex cycle likely to be wider and longer
Unlike the past cycles, which were narrowly concentrated into fewer sectors like power and metals, the current cycle is likely to be driven by the creation of new sectors through energy transition, data consumption and global supply chain realignment
Chart of the Day | Global container trade to face rough weather in 2023
Global merchandise trade volume is likely to slow in CY2023 from pandemic levels, which would impact the container segment
Rallis India’s results indicate tough times for agrochemical exporters
While the export business is facing price erosion, delayed monsoon is feared to have weighed on product offtake in the June quarter
Startup Street | Will investor-founder dynamics remain a roller coaster in India?
Founders of Indian start-ups are increasingly challenging the power of large investors in order to retain control over their firms
As auto sector's growth decelerates, is it time for a downshift in valuations?
Signs of demand moderation, high interest rates, weak exports and an expected gradual rise in input costs are factors that call for investor caution
Sheela Foam: Will Kurlon and Furlenco make good bedfellows?
Digesting two big acquisitions at the same time is no easy task, although success will bring rich rewards
What a Skip-Hike US Fed cycle implies for a market in FOMO mode
The euphoria in markets indicates investors are pencilling a ‘one and done’ scenario for rate hikes, followed by rate cuts soon, ignoring forecasts. What could go wrong?
Companies that ignore weather risks do so at their own and shareholders' peril
Indian companies need to incorporate extreme weather events and how to prepare for them in their strategic plans
High price, higher value: Why Sensex at 67,000 is cheaper than Sensex at 58,000
Valuations are currently not as stretched as they were during the high of January 2022
Indigo’s near two-thirds market share is worrying, but can’t fault the airline
The airline has not only ensured capacity augmentation by placing huge orders for aircraft so that it has the required capacity for deployment as the Indian market grows but has also ensured profitable operations in an environment where most airlines have failed miserably
The earth is dancing too close to a temperature tipping point
Our planet has survived huge climate changes in the past. But for complex life, these swings often led to mass death and even extinction
Emerging technologies need a Digital India Act that balances the ends of innovation and regulation
New and emerging technologies are disruptive in nature and therefore, hard to regulate. The Digital India Act can create a new playbook to foster innovation without compromising safety. Regulatory sandboxes should be deployed for this purpose, an approach embraced by regulators in banking, securities, telecom and insurance
UPI’s path to securing global status is strewn with many obstacles
While UPI has undeniable potential to replicate its success overseas, strategic planning and concerted efforts are required
Moneycontrol Pro Panorama | Over-policing is bad for markets
In today’s edition of Moneycontrol Pro Panorama: India-UAE deal a step towards internationalising rupee, is generative AI just a hype in tech sector, dollar index has an interesting story to tell, and more
In India-UAE currency deal, a bid to change terms of global trade
India and UAE using their own local currencies – rupee and dirham – to pay for imports and exports is a bold shift away from the dollar. Dirham’s strength and Indian economy’s size allows both currencies to proceed on equal terms. Such isolated shifts won’t worry the US, but not so if the club of countries using their local currencies to trade were to grow
Why computer-made data is being used to train AI models
Microsoft, OpenAI and Cohere experiment with “synthetic data,” as they reach the limits of information created by humans
