In the world of Industry 4.0, digital transformation will no longer be an option or even a competitive advantage, but rather will become the table stakes for doing business. With broad-based digital adoption and an...
MSMEs, as we all know, is the backbone of Indian economy (or for that matter any economy, globally) that, on an average, accounts for 37% of the GDP, 45% of the Manufacturing Output, 42% of...
The World Economic Forum’s (wef) summer meeting is bringing together decision-makers in Tianjin, China. Alongside topics like AI and biotech, the conversation has focused on whether business can ignore political tensions. On the way from...
Logistics is considered as the backbone of global commerce. It ensures a good flow of different products efficiently from manufacturers to consumers and to other companies. With rapid growth, the logistics industry has witnessed remarkable...
Turkey has increased its base interest rates by a whopping 6.5%, the clearest indication yet that the unconventional economic policy dubbed “Erdonomics” might be history now in Recep Tayyip Erdogan’s new government. Turkey’s central bank delivered...
Cognitive dissonance as a concept intrigued me to the extent that I pursued my arduous research journey of 7 years on this topic. What is cognitive dissonance? According to Festinger (1957) cognitive dissonance theory states...
The latest round of high-level government consultations in Berlin were friendly in tone but tough in substance. Germany needs China, but also wants to minimize its dependency. Chinese Premier Li Qiang came to Berlin with ten...
India released its Gross Domestic Product (GDP) data for Q4FY2023 on May 31, 2023; 6.1% real GDP growth in Q4:2022-2023 is a magnificent performance. Even with an array of downside global risk and uncertainties in...
The Fed’s hawkish hold and signal that it may raise rates two more time this year sent ripples through the capital markets. Risk appetites have been dealt a blow. However, China’s rate cut and likely...
Some fear automated stock trading done by computers will fall victim to fake images generated with artificial intelligence (AI). But experts say algorithmic trading could actually be the key to market stability. On one Monday...
The back-to-back surprise rate hikes by the Australia and Canada spurred speculation that the Fed could hike next week, and this lifted US rates and helped the dollar recover. The odds of a hike increased,...
Economic experts have slightly raised their expectations for global economic recovery based on fresh economic data. The Paris-based organization foresaw economic expansion of 2.7%, up from 2.6% in its last report in March. Despite the improvement,...