Artificial Intelligence: A Blessing in Disguise
Artificial intelligence can break down language barriers between Indian innovators in cultural production and their potential audiences around the world
TK Arun
TK Arun is a Senior Journalist and Columnist based in Delhi.
Communists in India: Relevance and Challenges in Contemporary Politics
T K Arun In 1994, when Kim Jong-il succeeded his father Kim Il-sung as the supreme leader of North Korea, ET’s cartoonist E P Unny drew the communist theoretician E M S Namboodiripad trying to hide his totally naked self…
Is UPI the End of the Road for Credit Cards?
“It is now proposed to expand the scope of UPI by permitting operation of pre-sanctioned credit lines at banks through the UPI,” said the RBI Governor’s statement, towards the end, announcing the Monetary Policy Committee’s decision to pause policy rate changes. This proposal is fairly anodyne and anaemic, in comparison to, say, the Red Queen’s curt command, “Off with his head!” But make no mistake, it is no less effective a death sentence, directed, in this instance, at credit cards.
Making Healthcare Right: Lessons from Rajasthan’s Conflict on Right to Health Bill
TK Arun Access to emergency healthcare is vital, so what is wrong if the government of Rajasthan asks its privately run hospitals to provide such care? Why should hospitals and doctors have gone on strike, in protest against the state’s…
India’s Competitiveness in the Global Economy depends on the rollout of 5G
5G is not just about faster speeds of data transfer. It is different from 4G on two other counts — massively more data throughput and low bounded latency. This combination could be leveraged to produce all kinds of innovations in education, manufacturing, healthcare, logistics and entertainment
The name is bond, FinCat Bond: Sense on AT1 Bonds
Recognise AT1 bonds as insurance, rather than pure debt. Once AT1 bonds are understood as insurance by a bank that is still a going concern, against a calamitous loss, the expectation that they should be bailed in only after equity is written off would disappear
The high-decibel angst of investors in Credit Suisse’s Additional Tier 1 (AT1) bonds that were fully written off before selling the bank to rival UBS for $3.23 billion resonates with investors in Yes Bank’s AT1 bonds, who are currently litigating against such a write-off at the hands of the RBI-appointed administrator, before the troubled bank was transferred to State Bank of India.