Stanford University’s 6th edition of the AI Index Report (2023) ranks India as the country with highest AI skill penetration rate, followed by the USA and Germany. India along with the United States and Israel also has the highest reported relative AI skill penetration rates for women. Generative AI technologies such as OpenAI’s GPT-4 and Dall-E […]
With the chip shortage saga behind, the domestic auto industry is gearing up for the long festive season ahead. The growing appetite for big cars among customers is making the industry rev up Indian car buyers seem to be gradually moving over its ‘kitna deti hai‘ yardstick, a phrase famously coined by the country’s largest […]
India’s bellwether sector, the IT industry, has displayed enough character in the face of adversity by refusing to cow down. The top companies have been showing flexibility in operation, increasing efficiencies to make up for the recent stagnancy in growth As they say, the elephant has passed and only the tail remains which means that […]
A bad monsoon is a harbinger of financial stress in the rural parts of the country where farm income is the primary source for the people. A less than normal monsoon not just impacts the farm incomes, but has a cascading effect on businesses which serve the agriculture industry, two-wheeler sales and the overall consumption […]
While disruptions in the form of Russia-Ukraine conflict led to price escalation in crude oil, China Covid-19 lockdown and the US banking crisis brought it back to ground zero. The outlook for brent and US WTI looks uncertain as the world is caught between looming recession and bouts of positive economic indicators which emerge from […]
As uncertainties in geo-politics, on economic front and with inflation looming large, gold could turn out to be a saviour for investors; it has outperformed most other asset classes in FY23 and there is no reason why it is going to relent, this year as well Investors who relied on Gold over the past one […]
A spate of collapses in US banks have unsettled the applecart for Fed. Its war on taming inflation may hit a wall as dangers on its financial system looms The US Federal Reserve will be in a bind when its Federal Open Market Committee (FOMC) meets this month to announce its March monetary policy decisions. […]
Linking of UPI with Singapore’s PayNow marks a red-letter day for the domestic banking and financial sector and will be a precursor to cross-border digital payment linkages between India and the rest of the world, going ahead India might have been late in adopting technology in the banking and financial space but it is catching […]
The world’s oldest democracy (USA) and the largest one (India) have a difficult task each at their hands in pulling off the balancing act between growth and price stability, as incumbent governments in both the nations look up to the polls next year Whether to let spiraling inflation situation remain freewheeling or to compromise on […]
Countdown has begun for last full budget of Narendra Modi 2.0 government and wish lists are pouring in by the day; Indian start-ups have a few up their sleeves from tax exemptions, financial assistance to sector specific regulations India is next only to the US and China when it comes to being home to start-ups […]