Federal Reserve Bank Chair Jerome Powell (left) and Reserve Bank of India governor Sanjay Malhotra. Images: Chip Somodevilla/Getty Images; INDRANIL MUKHERJEE / AFP The current calendar year marked a somewhat weary return to normalcy following a major policy reset to tide over a once-in-a-lifetime pandemic. Nearly five years ago, since March 2020, global central banks … Read more
A young bride-to-be samples a makeup look under the watchful eyes of her mother at Moiza Studios, a multibrand beauty and skincare outlet in Aminabad, Lucknow. Image: Madhu Kapparath In the sleepy town of Kolhapur in Maharashtra, inside an otherwise quiet shopping mall, a salesperson artistically sweeps a brush on the cheekbones of a volunteer, … Read more
Kiran Nadar, philanthropist, art collector, and founder of the Kiran Nadar Museum of Art. Image: KNMA In its recently concluded auction titled ‘Historic Masterpieces’, online auction house AstaGuru presented an extraordinary lineup of rare and unique Modern Indian art masterpieces. The auction included works by Jamini Roy, Rabindranath Tagore, and Nandalal Bose, who laid the … Read more
Mark F Abraham is a senior partner at BCG, founder of the firm’s personalisation business, and co-author of Personalized: Customer Strategy in the Age of AI. In an interview with Forbes India, he explains why embedding personalisation throughout the customer journey is an imperative to build competitive advantage. Q. How would you build a business … Read more
Quick commerce has reimagined the buying habits of a large segment of consumers who want orders delivered almost instantly Around mid-2022, the Zomato board was presented with a proposal to acquire Grofers, now known as Blinkit, a quick commerce company, for around Rs 4,400 crore. The board was bewildered. Why would a loss-making company … Read more
Image: Shutterstock As the US and China compete to produce the world’s most advanced chips, India has made a promising start by initiating construction of its semiconductor fabrication and packaging units. While India has taken the first steps, it needs to establish itself among the advanced players. Experts point out that as globalisation faces increasing … Read more
Image: Shutterstock Open-source software (OSS) with and without AI/ML components (e.g., code, libraries, pre-trained models) form the backbone of the ever-growing complex software supply chain. For example, the widely popular Hugging Face model hub hosts more than 60K pre-trained models (PTMs) for public use to develop new AI software for various end-user and business applications. … Read more
From (L to R): Sanya Jain and Aakarshika Pandey creating beauty content for their Instagram feeds at Jogger’s Park in Bandra, Mumbai. Image: Neha Mithbawkar for Forbes India Like many of us, Aakarshika Pandey, reaches for her phone the moment she wakes up, and starts scrolling through Instagram. Having just moved to Mumbai for college, … Read more
The Afghan defence ministry, in a post on X (formerly Twitter), confirmed that Pakistani forces had carried out the airstrikes. However, the Afghan Taliban claimed that the attack also caused casualties among civilians, including children. On Tuesday (December 24) night, Pakistani fighter jets carried out airstrikes on four locations in Afghanistan’s eastern Paktika province, targeting … Read more
For stock markets, 2024 was a year of stark contrasts. Betting on stocks for any investor almost seemed like playing the old puzzle video game Minesweeper—if a player opens a mined cell, it is game over. Investors in stock markets showed resilience, no doubt, but returns were pale compared to previous years. Markets weathered plenty … Read more