Financial sector cybersecurity at the helm of investor protection
The aggregation of personal and financial data through fintech platforms presents an attractive target for hackers, leading to concerns over data privacy and security.
Data on what Indians earn does have plenty to reveal of poverty in India
While a poverty line needs to be determined for use with fresh data on consumption spending, we have income readings that offer some clarity on the level of deprivation within the country.
Tesla on its way in? Temper expectations.
The EV-maker will scout for sites in India for an EV unit. The red carpet worked. While this is good for our EV mission, don’t count on it to advertise India as a cheap manufacturing hub.
Rain levy: The weird-tax hall of fame has a new entrant from Toronto
The Canadian city’s ‘rain tax’ is just one of many wacky fiscal ideas the world has seen in the grey zone of fame and infamy. While advocates of odd taxes always offer justifications, the impact they have is another story.
Otherworldly assets: Contemporary art remains both surreal and lucrative
Among the displays at Art Basel Hong Kong this year was an art work featuring shredded suits to signify some sort of freedom that seemed inspired by the art of Yoko Ono several decades ago.
Amazon’s AI-run stores were a little too magical to be true
Human teams labouring in secret behind ‘AI’ facades aren’t rare. Amazon’s Just Walk Out stores had over 1,000 people working in India.
Indian cities and air pollution: It’s time to get into mission mode
Air quality may seem like a local problem but we have 42 Indian cities among the world’s 50 most polluted, which shows that the problem of air-quality neglect is a pervasive national issue. We must reduce air toxicity through...
Startup 2.0: Get set for a new phase of bottom-of-the-pyramid business
Looking ahead, a swathe of new initiatives in frontier sectors such as AI and the emergence of novel capital sources are expected to catalyse inclusive economic growth.
Vistara would have had to compensate passengers for cancelled flights if India had this law
India does not have a legally enforceable passenger rights charter, unlike other countries. If you buy an airline ticket, what that entitles you to isn’t legally binding on airlines
Can regulation technology address the compliance woes of banks?
Trained staff in a robust digitized compliance ecosystem, backed by the application of well-defined principles of accountability would fortify compliance. Reg-tech can help banks win customer and regulator trust.
Vistara's sticky wage problem holds lessons for the Tata Group
Vistara is under regulatory scrutiny after scores of its flights got either cancelled or delayed this week. An Air India merger inevitability, a sticky-wage problem or does Tata need to reinforce group culture?
A well-integrated action plan is needed to solve India's water crisis
A people-centric, multi-pronged and science-based approach could ensure we don’t run short of this vital resource.
Get GST reform rolling: Review rate slabs
GST revenue buoyancy should close the chapter of a shortfall cess and prompt reforms aimed at tax simplification. For GST to fulfil its basic promise, start by reducing rate slabs.
Take Adam Smith’s advice on low-priced clean-tech: Buy it
If China is making tools to avert global warming more cheaply than the US, that’s good for everyone. America should not bar Chinese imports on flaky dumping charges.
Daniel Kahneman was the king of happiness—as a field of academic study
What drives emotional well-being would seem beyond the reach of objective analysis but he did establish a dominion over it. His academic work on happiness stands out.
The India-EFTA pact’s highlight is its investment aspect
Not only is it a first, the newly signed agreement recognizes how foreign inflows of FDI are linked with success in world trade.
E-Rupee: RBI’s big out-of-the-box moment is still to come
A sense of success among Indian policymakers is justified to a significant extent. Yet, RBI must resist premature exultation and work hard to reinforce its role as the rupee’s guardian. It’ll help with a CBDC too.