Dreaming big: A budget for viksit investors

For years now, the Union budget has focused on making India a developed nation—viksit Bharat. However, it’s time to add yet another angle to this exercise: a concerted effort to help build a class of viksit investors. To achieve this, the budget needs to adopt a carrot-and-stick approach. The carrot: Encouraging long-term investments Let’s start…

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India’s Digital Competition Bill: Better alternatives exist

Both the US Department of Justice and the Federal Trade Commission have initiated a number of high profile antitrust lawsuits against Big Tech companies. Europe has already enacted two significant legislations—the Digital Markets Act and Digital Services Act—and has, if anything, further ramped up its enforcement actions against Big Tech. While India is undoubtedly late…

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What to make of Ambani wedding?

The most peculiar wedding I’ve attended (obviously for work) was of a male movie star, with multiple generations in Mumbai showbiz, which explained his Bollywood guests. He was, however, getting married into a family of bureaucrats (if I’m not mistaken). Upon entering the five-star venue then, I was hit by a surreal pandemonium among the bride’s…

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Ola CEO Bhavish Aggarwal sees massive potential for AI development in India, warns ‘won’t happen unless…’

As India has largest amount of data and largest IT services industry in the world, the country can do to artificial intelligence (AI) what China did to manufacturing, said Ola founder and chief executive officer (CEO) Bhavish Aggarwal on Sunday. In a post on social media platform X (formerly twitter), Bhavish Aggarwal said: ā€œIndia has:…

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