The NYT’s copyright lawsuit against OpenAI reveals a familiar but pointless fear
Transformative technologies like ChatGPT have always been resisted by incumbents that labour under the dubious belief that such innovations threaten their business models.
The world should stay vigilant over a debt crisis in the Global South
Loans taken to meet pandemic expenses are proving difficult for many countries to repay. Multilateral institutions like the World Bank and others should act decisively before today’s situation spirals out of control.
Tight liquidity spells deposit rate hikes
The financial repression of savers was untenable and banks must attract depositors as they need money to lend, but the scenario would get complicated if RBI starts lowering policy rates.
We must expand India's economy but not as an end in itself
Our robust macro data hides a disquieting micro story that should be addressed in 2024. The government and central bank ought to ensure that faster growth is more equitable too.
Solow’s insights hold invaluable lessons for the Indian economy
The late economist’s voluminous body of work offers the country five lessons of special significance.
The govt’s plan to certify India’s esoteric healers is a bad idea
The right approach would be to institute research to understand why what works actually does work, and to leave the plan for certification well enough alone until that is achieved
Four major elections and a rate cut: What to watch out for in 2024
Geopolitical shifts, ongoing humanitarian crises, upcoming political power battles and central banks' interest rate cuts together could make for a newsy year ahead.
Specialists are being educated to address youth mental health
There aren’t enough mental healthcare professionals for teens and kids. A new academic focus in America on the problem holds promise.
Here’s a look at 2024 through acronyms and abbreviations
Here’s a look at what 2024 may have in store as seen through a lens of abbreviations across domains like space exploration, digital technology, inflation targeting, war and elections.
The 16th Finance Commission must help fund city councils and panchayats
It should find a clear way to carve out funds for local bodies that India needs to empower financially.
Goodbye multipolarity; hello bipolarity?
Not only is multipolarity a myth, but the system remains closer to unipolarity than to Cold War-style bipolarity. Though China is rising, the world’s largest-ever power gap will take a long time to close.
HUL signals first steps to regain market share from small players
Can the revised distribution margin structure enhance distributor engagement and drive increased sales? Will the distributors agree with this?
Humanity's progress may be in peril as climate change sweeps in
While progress has been made over the past 250 years, recent events suggest a reversal of fortune. Climate change poses the biggest threat to continued progress, and political arrangements have undergone profound changes.
How we can rebuild trust in global leadership
Global leadership was absent during the covid-19 crisis and multilateral cooperation is declining, hindering progress towards the Sustainable Development Goal of ending extreme poverty by 2030 and worsening climate disasters.
Geopolitics is leading us to fragmentation. Can it be stopped?
Geopolitical pressures and non-economic factors are leading to fragmentation in the global economy, with implications for economic stability, growth, and climate change efforts.
The term 'emerging markets' gives no joy. Retire it, heeding Dani Rodrik
The term ‘emerging markets’ reduces a large part of the world to potential investment targets of globalized finance, draining them of their complexity and internal challenges
The Great Indian Startup Shift: 2023’s lessons and 2024’s promise
With over $20 billion of dry powder awaiting deployment, the stage is set for a revival of India’s startup ecosystem, with sectors such as AI, fintech and EV poised to lead the resurgence
A case for optimism: 2024 may not be as bleak as is being made out to be
Risks remain but the positives are piling on—recession may give global economies a miss; inflation may not be as severe; the Ukraine war is showing signs of nearing an end; oil prices are lower; and sentiment in India...
Tesla accident sent AI anxiety up
Blood drawn by a Tesla robot was not an early sign of machines itching to rise against humans, but Elon Musk had to clarify. It’s the times we’re in.
Need tighter regulations as India's middle class turns to biz loans
The RBI and other regulators need to design courses on financial literacy or certify programmes run by the private sector