Artificial Intelligence (AI) has become the most significant technological development of our time, influencing virtually every sector of human society. Its promise and peril are being debated extensively. Much like the arrival of computers in the 1970s–80s and the public emergence of the internet in the 1990s–2000s, AI has sparked fears of job losses while...
As energy demand rises in many emerging markets, with grid expansions lagging behind, a silent revolution is unfolding, which is powered by the sun. In underserved rural regions of Africa and Asia, decentralized solar solutions are bridging the energy gap, fostering economic growth, and transforming lives. This grassroots energy transition presents a compelling opportunity not...
Global Capability Centres (GCCs) in India have evolved dramatically over the past few decades, transitioning from cost-driven back-office hubs, to strategic powerhouses at the forefront of global innovation, particularly in artificial intelligence (AI). Today, India is leading the charge in this space with over 1,700 GCCs, driving core functions such as R&D, engineering and product...
India has rapidly taken off to become the third-largest domestic airline market in the world, supported by a steady rise in air passenger traffic. Indian aviation sector is dominated by IndiGo and Air India, making up 90 per cent of domestic seats. With over 1,000 additional planes are on order, India is projected to require...
In a recent report, the World Bank said India’s economy needs to grow by 7.8 per cent on average over the next two decades to achieve the country’s aspirations of reaching high-income status by 2047, the 100th year of Independence. While India’s pace of growth, averaging 6.3 per cent between 2000 and 2024, provides the...
In the looming global trade war unleashed by the United States President Donald Trump with reciprocal tariffs on trade partners, India can be a net gainer despite his outbursts against India’s high tariffs on American goods. However, it’s going to be a very difficult road ahead given Trump’s give-and-take policy, be it friend or foe....
The World Economic Forum declares AI in healthcare as ‘India’s trillion-dollar opportunity.’ Artificial Intelligence (AI) has the potential to transform healthcare services uniquely in India by improving patient outcomes, increasing efficiency, reducing costs, enhancing access to care, overcoming doctor-patient ratio and lessening burden on hospitals. Here are some ways AI could change healthcare services...
Digital lending is one of the fastest-growing fintech segments in India and it has grown exponentially from nine billion USD in 2012 to nearly 150 billion USD in 2020. It was expected that the digital lending market will reach a value of around 350 billion USD by the end of 2023. This business has mainly...
Numerous studies have shown that cellphone and internet addiction have a similar effect on our brain as drugs such as heroin. Hence, this is concerning especially for children and teenagers, as their brains and social skills are still in a developing stage. With the advancement of cellphones into smartphones, along with the progress in internet...
While the size of the Indian leather trade and products is estimated to be USD 10 billion, almost USD 5 billion worth of manufactured goods are exported annually. Leather sector has maintained high export earnings consistently and is one of the top ten foreign exchange earners for the country. India enjoys the feat of being...