Sree Vijaykumar |
From the Editor's Desk
Once upon a time, we hated Wall Street, for its greed and apathy! Main street suffered, while the financial markets bloated up. Can we accuse Silicon Valley of the same? After all, people do lose jobs when an industry gets disrupted by technology (think automated cars vs drivers, airbnb vs hotels, amazon vs traditional retail). Yes, things become more efficient with technology and that is supposed to lift all boats, but does it? Erik Brynjolfsson, a professor at the M.I.T. Sloan School of Management, told MIT Technology Review, "Productivity is at record levels, innovation has never been faster, and yet at the same time, we have a falling median income and we have fewer jobs. People are falling behind, because technology is advancing so fast and our skills and organizations aren't keeping up." It is, he said, "the great paradox of our era." Full article by Om Malik here
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Retirement Planning is Pertinent Retirement Planning goes beyond Money as it is essential to prepare well for a post retirement social life besides building of corpus. A recent survey found that the current generation of - Mediawire
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Friday's top brokerage calls: Zomato, HUL, Muthoot Finance and more Macquarie says domestic gas price hike is largely on expected lines. It likes GAIL India and is tactically positive on Oil and Natural Gas Corporation. CLSA has initiated coverage on two high-profitability and low-risk businesses - Manappuram Finance and Muthoot Finance. Here are the top brokerage calls for today:
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Medanta owner files for IPO India Business News: Mumbai: Global Health, best known as the owner of Medanta, a chain of hospitals in north and east India, has sought the markets regulator’s approval f.
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The many benefits of a strong GI ecosystem Blaise Fernandes writes: It can be a platform for India to showcase to the world a model for ethical capitalism, social entrepreneurship, de-urbanisation, and bringing women to the workforce, on the back of a robust digital system.
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