India should get ready to shine in future arenas of business growth

Looking at 2005-20, the McKinsey Global Institute (MGI) evaluated 12 high-growth, dynamic industries that did the most to reshape the global economy in these years. MGI then looked at future ‘arenas of competition’ that are most likely to drive outsized growth for companies over the next two decades: e-commerce, cloud services, artificial intelligence (AI), semiconductors,…

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India mustn’t lose time on a climate finance taxonomy

The government aims to unlock a floodgate of private capital by creating a standardized framework for identifying climate-aligned projects. The taxonomy will be able to achieve this by developing a set of standardized regulations to inform investing actors of the activities or businesses working towards combating climate change. Achieving India’s net-zero target by 2070 requires…

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