Creating protectionism in the startup world, will harm consumers, companies and degrade quality of service and quality of Indian products.
Over the next few years, technology will take more jobs from humans. Robots will drive the taxis and trucks; drones will deliver our mail and groceries; machines will flip hamburgers and serve meals.
The RBI stayed prudent in its monetary policy review today rather than move in a haste as it wishes to wait for more information and experience before judging the full effect and persistence of the demonetisation move.
Even as retail inflation has eased driven by a sharper than anticipated moderation in the prices of vegetables and strong favourable base effect, it masks some upturn in the prices of several items; prices of wheat, gram and sugar have been firming up.
Major factor contributing to the stable monetary policy rate could be impending concerns about inflation and, perhaps in the backdrop increase in the US Fed rates.
In the recent years, there is an increasing number of passive investment products to capture the potential benefits of factor investing (also referred to as “Smart Betaâ€) as well as the transparency and cost effectiveness of passive investing.
While demonetisation of the Indian economy coupled with a devaluation by Morgan Stanley may mean a double whammy on India‘s flagship unicorn Flipkart, it could also be a godsend for Indian e-commerce for bringing businesses back to real fundamentals.
There has been a lot of backroom drama in the run up to the Vienna meeting, with many members lobbying to be exempt from the production cut. As of now, confusion and uncertainty persists and that is reflecting in crude prices which are down around 2 percent after the OPEC experts meeting on Monday.
India, the second biggest consumer of gold has witnessed 86 percent of its currency being demonetised at one go. How has this impacted prices and is any respite likely soon?
This development is being touted as the single biggest economic reform in India since liberalization- the one that promises to change the way India does business.
Analysts and economists have pointed out that this is a well-planned ‘Surgical Strike on Cash‘, which could lead to a significant evolution of India to a less cash-dependent country.
Soon, automated medical diagnosis will replace doctors in fields such as radiology, dermatology, and pathology. The only refuge will be in fields that are creative in some way, such as marketing, entrepreneurship, strategy and advanced technical fields.
There is a view propelled by gang of astrologers masquerading as economists that demonetisation is going to hit hard economy as cash will be sucked out of system and trade will stop.
While PM Modi banned high value currency notes to catch the black money hoarders and the ‘big fish‘, it is the small fry who are standing in queues to collect cash to buy their daily needs who have been worst hit. A look at the mood in bazaars…
Machines are learning to do the jobs of manufacturing workers; AI-based tools are mastering the jobs of call-center and knowledge workers; and cars are beginning to drive themselves. Over the next decade, technology will decimate more jobs in many professions.
My view is that Flipkart will be lucky if they can find an investor, which can out-invest Amazon. It could be Alibaba since winning India is as important to them as it is to Amazon.
The crackdown on Rs 500 and Rs 1000 denomination notes has led to a sudden surge in demand for gold. People having huge stash of unaccounted cash are trying to convert their wealth into gold as they fear scrutiny by the tax department if the cash is deposited in banks.
In last 50 years not much has been done either by centre or by state governments to develop public transportation system.
Artificially obstructing the entry of multi-nationals or even domestic players by law, not only destroys fair trade practices, creates distorted monopolies but also harms the average consumer.
The technology industry has entered the field of medicine and aims to eliminate disease itself.
On a tour of a young food startup trying to disrupt the home tiffin service and a young budget room aggregation brand, one gets a sense that the big companies are bound for disruption from their younger rivals.
While mobile apps may have changed our world, a few sensitivities used during app development can change the way, a large part of the world's population lives.
While consolidation is good for investors and entrepreneurs, it reduces competition. Mergers of large consumer internet startups often become detrimental to consumer choice and fair-market pricing.
The six-member panel, which brainstormed over two days, unanimously agreed that inflation was unlikely to gallop past the tolerance threshold of 6 percent in the next few months.
Banks are awash with funds but corporates aren‘t taking any. Plants have large spare capacity and companies have a stockpile of unsold goods.