Category: Editor Speak

Banks and other financial institutions who still refuse to recognise major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history.   The cryptocurrency market shedding more than $1 trillion in a week after all-time highs, which have prompted some financial institutions to speak out on the likes of Bitcoin.   Bitcoin, amongst other digital tokens, has had a hugely impressive run over the last six months, so it’s not surprising that there’s a period of consolidation and short-term correction in such a hot…

The unprecedented situation that COVID 19 has created worldwide has baffled most business owners. As Hon’ble PM, Shri NarendraModi has said that it’s going to be a long war against Coronavirus, nobody is sure how long it would be and what repercussions it would bring at the end of it. On one hand, global economy would be in turmoil and on the other hand, businesses would start losing the touch with their stakeholders.   Even if you have the vaccine, the main challenge will be to manufacture it in large volumes. The…

India is a breeding ground for innovation and India is home to 24 Unicorns today, with the addition of seven new unicorns as of August 2019. According to Hurun Global Unicorn List 2019, India has emerged as third largest ecosystems for more successful start ups right behind China and US but ahead of Britain and Israel. Leading the pack from the country are payments solutions platform One97 Communications (USD 10 billion), cab aggregator Ola Cabs (USD 6 billion), online educator Byjus (USD 6 billion), and travel-stay finder OYO Rooms (USD…

We have already witnessed the birth of cloud, SaaS, PaaS, DaaS and fast emergence of cybersecurity and the exponential growth in technology outsourcing. This evolution has triggered a seismic shift in the mindset of enterprises when it comes to information, cybersecurity, compliance, governance and assurance.   Among business leaders, we have seen a shift from ignorance to fear, we are witnessing a shift from fear to awareness, and now we would like to see a shift from awareness to confidence. No doubt, technology will continue as a trendsetter in the…

The Indian economy is facing storm, the need of the hour is policy reforms to raise GDP growth without creating macroeconomic instability. The government is putting all its efforts in the midst of a sharp economic slowdown. The report shows that the Industrial Production fell to an eight-year low in the month of September, contracting by over 4%. As per the RBI, growth in bank credit to industries in the same month fell to 2.7%, the lowest in a year. While the numbers for services are a little better, even…