SCARCE RESOURCES
Is this bucking a trend?
The article examines the ongoing decline of the US dollar and its potential implications for India, considering whether this decline is a deliberate strategy aligned with the Trump administration's economic goals.
Opportunities at a macro level: 5 stocks of companies which help in managing a scarce resource called ‘water’
Big wealth creation does not happen in already well-discovered, well-researched sectors. It happens in sectors that are not in the news, not much-talked-about on the street. Sectors where macro changes are taking place and overall demand is on the rise. In the last few years, both due to policy pushes and changes in the underlying nature of the business, more money is being spent on increasing agricultural productivity. Now, agriculture is a sector where things do not change overnight. But once change happens, it creates a demand which is very strong and lasts for a long time.
Zerodha's Nikhil Kamath worth Rs 20,000 crore wants to take a 'job or unpaid internship'; Bill Gates shares his advice
In a recent episode of People by WTF, Zerodha co-founder Nikhil Kamath engaged in a deep conversation with Bill Gates about artificial intelligence, the future of work, and capitalism. Kamath admitted feeling left behind by the AI boom and asked Gates where he could work— even unpaid— to stay relevant. Gates suggested OpenAI and praised their innovation. The two discussed how AI will eliminate traditional labor shortages, shorten work weeks, and force a philosophical rethink of time and purpose.
Why Bill Gates now regrets being obsessed with maths? Microsoft founder shares key leadership lesson with Nikhil Kamath
On Nikhil Kamath’s WTF podcast, Bill Gates admitted he was not a great manager in Microsoft’s early days due to his intense and narrow leadership style. He discussed how his thinking evolved over time, especially through his work at the Gates Foundation. Gates also shared his views on AI transforming future jobs, his busy trips to India, and why he won’t leave most of his wealth to his children.
Pay Commission math doesn't work
"Historically, pay commission recommendations have led to a fitment factor of around 2.8, implying that salaries could rise nearly 3x. To pre-empt accusations of bias, comparisons are often made between incomes of lower-grade gov employees and those of farmers."
'India a growth powerhouse in a tariff-torn world'
Ontario Teachers' Pension Plan is adopting a cautious investment strategy amidst global volatility and tariff-related uncertainties. CEO Jo Taylor emphasizes long-term planning and risk assessment, highlighting the importance of strategic partnerships to navigate geopolitical risks and potential inflationary environments. Despite diplomatic tensions, OTPP remains committed to its investments in India, showcasing its willingness to be a brave, countercyclical investor.
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Wiz’s $32 billion win signals return of tech startup acquisitions
Startup acquisitions have surged thos year, with 11 sales over $1 billion totalling $54.5 billion, surpassing previous records. Key deals include Google’s $32 billion purchase of Wiz. Factors driving this include favourable antitrust policies, IPO expectations, and the growing demand for AI talent, although many startups remain unsold.
Collective action for water security: Prakash Hinduja’'s vision for future generations
Prakash Hinduja emphasizes the urgency of sustainable water management and his work through the Hinduja Foundation to combat water shortages in India. The foundation collaborates globally to address water scarcity and climate change, focusing on empowering communities and investing in long-term solutions. This initiative highlights collective action as vital for ensuring water security for future generations.
Panel wants IT, I&B Ministries and DoT under one umbrella
The Standing Committee on Communications and Information Technology proposes merging the MeitY, MIB, and DoT to enhance coordination amid technology convergence. The parliamentary panel's report also suggests the MIB explore introducing a comprehensive media bill to address broadcasting, cable TV, and OTT platform concerns. Industry resistance is expected due to the fundamental differences between broadcasting and telecommunications services.
Is millennials’ fancy favorite superfood 'avocado' toast destroying the planet? Here is what expert says
Avocado farming is causing significant environmental damage, including deforestation and excessive water use, to meet global demand. Experts, like Alan Titchmarsh, highlight the fruit's high carbon footprint and adverse impacts on local communities. With rising trade tensions potentially increasing prices, the environmental and economic costs of avocado consumption are prompting calls for more sustainable alternatives.
They were forced to scam others worldwide. Now thousands are held in detention on the Myanmar border
Thousands of former forced laborers, rescued from scam operations in Myanmar, are now trapped in overcrowded detention centers without sufficient medical care or food. Despite a multinational rescue effort, many remain in dire conditions waiting for repatriation, highlighting the ongoing humanitarian crisis and lack of broader action against the criminal networks.
Reliance Jio and Airtel seek fair spectrum surrender policy
Reliance Jio and Bharti Airtel have urged the government to ensure a level-playing field in the new spectrum surrender policy. This policy, if approved, would benefit all telcos but would particularly allow Vodafone Idea to save an estimated Rs 40,000 crore.
India’s rising demand for natural diamonds: A shift in global market dynamics
Natural diamonds, formed over billions of years and increasingly scarce, remain highly valued. With declining diamond recovery rates and no new deposits discovered, their rarity enhances demand. India now stands as the second-largest market for natural diamond jewellery, presenting significant growth opportunities in the sector.
How China could boost its weak consumption
China aims to boost consumer-driven economic growth but hesitates on significant policy changes due to high costs and potential instability. Proposed strategies include raising welfare benefits, fiscal and land reforms, fully urbanizing migrant workers, and addressing the property market slump.
Self help group women implementing rainwater harvesting in Sundarbans area to counter salinity
Residents of Pathar Pratima block in West Bengal's South 24 Parganas district are using rainwater harvesting to combat high groundwater salinity and improve agricultural productivity. Supported by an NGO, villagers are converting single-crop lands into multi-crop lands, enhancing income and sustainability.
Invest Kerala: No more cobweb of delays, Kerala CM tells investors
Chief Minister Pinarayi Vijayan assured investors that land availability in Kerala will be facilitated through special initiatives, addressing procedural delays and promoting ease of doing business. Significant progress has been made in the startup sector, with plans for further growth and substantial job creation by 2026.
Nokia bags Airtel contract to expand 5G Fixed Wireless Access devices for high-speed internet
Bharti Airtel has partnered with Nokia and Qualcomm to expand 5G Fixed Wireless Access (FWA) and Wi-Fi solutions across India. The move aims to enhance high-speed internet access, especially in areas with scarce fiber connectivity, by leveraging Nokia's 5G FWA outdoor gateways and Wi-Fi 6 access points.
OpenAI rolling AI agents to do jobs of software engineers. Should techies worry?
OpenAI CEO Sam Altman announced the rollout of AI agents as virtual co-workers capable of performing software engineering tasks with human oversight. He expects these agents to profoundly impact various industries and emphasizes the need for equitable distribution of AI's benefits. Altman envisions a future where AI significantly boosts scientific progress and economic growth.
Budget 2023: Result-based financing in offing for select schemes
Under RBF, a participating individual or institution is rewarded after agreed-upon results are achieved and verified. Some of the schemes across education and health sectors could be tested for RBF on a pilot basis before it is scaled up to better allocate scarce resources for competing development needs, sources told ET.
Finances under severe strain, can't pay Rs 4 lakh ex-gratia to COVID-19 victims: Centre to SC
In an affidavit filed before the top court, the Ministry of Home Affairs said the Centre submitted that it has by ways of "Minimum Standard Relief", under section 12 of the Disaster Management Act, 2005, taken several steps providing for substantial and speedy measures by way of increase in health, infrastructure, ensuring food safety to every citizen.
Draft policy on rare diseases looks at Rs 15 lakh aid to the poor
In an attempt to address concerns of patients suffering from any rare disease and reeling under its exorbitant cost of treatment, the health ministry has come up with a new draft National Policy for Rare Diseases, 2020, which highlights “scarce resources” to provide financial support for treatment of rare diseases.
To resolve bad loans, both capital & human resources are scarce: Siby Antony, Chairman, Edelweiss ARC
"The year 2001 was the worst, maybe worse than this. Maybe size was smaller, otherwise there was 14-15% NPA in every sector in every bank. "
Food security not an issue if resources are managed well: Montek Singh Ahluwalia
Sustainable food security will not a problem if scarce resources like water and energy are managed well, Planning Commission Deputy Chairman said.
Cleansing downturn: Slowdown frees up scarce resources and drives out bad businesses, ensuring a revival
Survivors will be poised to surge in the next boom. This process of creative destruction is the eternal cycle of the market economy.
Natural resources must be auctioned: SC told
Scarce resources like minerals are being given away at a fraction of their market price, thereby giving windfall profits to the corporates," the NGO said.
No reason why spectrum should not be auctioned: Ashok Chawla
There is "no logical reason" as to why scarce resource like spectrum should not be auctioned, CCI Chairman Ashok Chawla.
Have toolbox to deal with tax havens: Pranab
Finance Minister Pranab Mukherjee on Monday called for stepping up multilateral cooperation to end the era of banking secrecy.
Share, trade spectrum, optimise use of the scarce resource
The pricey outcome of the auction of radio frequencies for third-generation telecom services underlines the need for innovative management of available spectrum.
Rcom awards GSM BTS Equipment contract to TenXc
Private sector telecom operator Reliance Communications has contracted Canadian firm TenXc Wireless for increasing the efficiency of using the scarce spectrum for its GSM network.
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