Following the launch of Grokipedia , Musk took to X to share details about the project. “Cool. I’m reading these for the first time btw,” he posted. “Grok generated about 1M articles using a lot of compute. You will be able to ask Grok to add/modify/delete articles and it will either take the action or tell you it won’t and why.”
Sanjeev Sanyal remarks came in response to a recent protest in Surat, Gujarat, where members of a political party demonstrated against the mandatory helmet rule, drawing widespread criticism
"To say that judiciary is responsible for India's developmental hurdles is very immature,” Singh asserted, rejecting Sanyal’s claim.
The economist said small changes such as changing three words in a law could ease most of the pains of businesses
Sanjeev Sanyal said there is no pressure on the next generation of entrepreneurs to innovate. "I certainly don't think there is a case for protecting entrepreneurs who feel that they can sit and run family offices from Dubai. Why should we be protecting that?," the EAC-PM member said.
"We have to be pragmatic about this (the relationship with China). Now, that doesn't mean we rush to join Regional Comprehensive Economic Partnership (RCEP),” said Sanyal, adding that there will be many areas where we will collaborate, even as we compete with them.
The government has signalled to the industry that GST cuts should be passed through in retail prices, and it will have to be seen 'how that works out', Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister has said.
Instead of revising the target band, Sanyal calls for modernising the Consumer Price Index basket and base year to reflect current consumption trends more accurately.
'It is not a big four, it has to be a big 4 plus three, because it is a big four of audit firms plus three global consultancies,' says Sanyal
Need for renewables, domestic finds, diversified imports and reserves are some of the steps that India needs to take to secure its energy needs, Sanyal tells Moneycontrol
The PM-EAC member outlines India’s plan to counter global crude shocks, sustain growth and navigate trade uncertainties in an interview to Moneycontrol
Speaking on the the delicate separation of history and politics, Sanyal added that historical events will have a bearing on the happenings of the present. However, how past events dictate the political discourse of the day is up to the politicians to decide.
The V-Dem in its report had earlier said that the process of autocratisation is on in 42 countries – including India
It should be noted that earlier this year, the Institute had released a report, calling India as one of the “worst autocratisers” around the globe in recent times.
Kotak AMC CEO Nilesh Shah suggested that one generation of Indians should be working for 84 hours a week to ensure faster growth of the country. He also drew parallels with Infosys founder Narayana Murthy's remark on a 70-hour work week.
Sanjeev Sanyal emphasised that there is no need to mess around with the financial system trying to support growth
'I think way too many young kids who have so much energy are wasting their time trying to crack UPSC. If you must dream, you should dream to be Elon Musk or Mukesh Ambani, why do you dream to be a joint secretary,' says Sanyal
The member of the EAC-PM said India is trying to widen the use of its financial messaging system, Structured Financial Messaging System, following the exceptional success of UPI.
India currently has 12 public sector banks. Sanyal, a member of the prime minister’s economic advisory council, said that he hopes to see a larger share of the banking system in private hands over a period of time.
Sanyal says that they are in the process of hiring around 500 new patent officers to speed up the process. He also feels process reforms are very important to make the system more efficient.
Sanyal says that India is on the course for projected growth, backed by robust PMI, and investments in the public and private sectors. Being in the GBI-EM will mean greater access to cheaper funds over the next few years, which is crucial, he says.
India’s efforts to internationalise the rupee has nothing to do with de-dollarization. The effort is to make the rupee a hard currency like the euro, the yen and the British pound, he said
Much of India’s global image is dictated by indices and standards devised by the West and one way to tackle that may be for India to develop its own indices and benchmarks.
Sanyal said India just about makes it past the investment grade in the ratings of the agencies, which is "utterly absurd".
“The issue is not so much about the need for some norms, but about who will be monitoring these targets,” Sanjeev Sanyal, a member of PM’s economic advisory council said in an interview.