Gift, Tiger

The gift economy operates on something called reciprocal altruism

Exchange gifts. Forget the economic logic

Business Standard

The Chinese govt's intervention might have saved its stock market, but it may not be enough to sustain a recovery

Megan McArdle: Hoping to defy history of market bailouts

Bloomberg

Ad-blocking used to be something a handful of geeks did. Now, it's very mainstream. If this continues, we are looking at the future of online journalism, and the future is broke

Megan McArdle: Ad blockers doom many publishers to chase clicks

Even in the absence of price-gouging laws, some businesses try to avoid raising prices under extreme conditions. Uber, however, just called it 'surge pricing' and let prices rise with demand

Megan McArdle: The price is right, or Uber will raise it

Of the Swiss National Bank's decision to abandon its euro peg, Thomas Jordan, the bank's leader, drily noted that "If you decide to exit such a policy, you have to take the markets by surprise." And boy, markets couldn't have been more surprised if he'd hired Russian currency traders to jump out of a cake in their birthday suits.But this surprise has not been met with shouts of wild glee. Many eastern European homeowners suddenly have to repay their mortgages in now-much-more-expensive Swiss francs. Currency markets are in turmoil, banks are losing millions, and foreign exchange trading houses are flirting with insolvency. Paul Krugman, among other economists, says that it is abandoning its commitment to fight deflation, losing institutional credibility with markets, and in the process making it harder for other central banks to make credible commitments.All this is true. And yet, currency pegs are very hard to commit to. It's not that the peg was a bad idea - back when the euro crisis

A square peg in a round euro

Travelocity was bad for travel agents. Toyota was bad for General Motors. Why should authors be any different

Megan McArdle: Does Amazon's monopoly really matter?

Outside of some specialty trade publications, subscriptions have never covered the cost of producing newspapers

Online journalism is suffering print's fate

New Delhi [India], January 18: The much-awaited fresh crop of California walnuts has arrived in India, bringing with it the promise of unparalleled quality and flavor. Sun-ripened to perfection under California's ideal natural conditions, these walnuts stand as the gold standard of taste and excellence, offering a culinary experience like no other.

California Walnuts: The Fresh Crop Has Arrived in India = Wellness Within

New Delhi [India], January 18: In an era where sustainability and self-reliance are at the forefront of national development, Bhutan Tuff stands tall as a pioneer in the plywood manufacturing industry. With a robust end-to-end system rooted in the principles of the Make in India initiative, Bhutan Tuff not only meets the growing demand for quality plywood but also contributes significantly to India's economic progress.

How Bhutan Tuff is Redefining the Plywood Industry Through Make in India

New Delhi [India], January 18: At AutoExpo 2025, DELLORTO is emphasizing its DN4. The focus is on four key aspects that define its strong Italian identity, which continues to evoke emotions. More importantly, it seeks to share these emotions with its world--a universe made up of passionate motor enthusiasts, friends, and brand partners, as well as all the visitors that will liven up the stand during the event.

AutoExpo 2025: DELLORTO Unveils the Future of Mobility

The Delhi government has issued a notice directing all schools to resume physical classes after anti-pollution measures were lifted in the national capital.
The Directorate of Education (DoE), in a notice dated January 17, said the Commission for Air Quality Management (CAQM) had decided to lift measures under Stage III of the Graded Response Action Plan (GRAP) with immediate effect.
As a result, all classes in both private and government schools will be conducted in physical mode, effective immediately, it said.
The DoE said in the notice, "...all government, government unaided, unaided recognised private schools of the DoE, NDMC (New Delhi Municipal Council), MCD (Municipal Corporation of Delhi), and the Delhi Cantonment Board are informed hereby to resume offline classes. Thus, all classes in all schools are to be held in physical mode with immediate effect."
The DoE also instructed the heads of the schools to promptly inform students, staff and parents about the decision.
Regu

Student, Study, School, Class, Students

Kuala Lumpur [Malaysia], January 18: The PorTech Asia Summit has been held annually since 2005, attracting top global experts in the port and maritime industry. In 2025, the 12th PorTech Asia Summit took place in Kuala Lumpur, Malaysia on January 9-10, with the theme "Smart Green, Multi-Win." This event gathered 300 industry experts, port authorities, associations, and leading enterprises, contributing to a vibrant forum on developing smart and sustainable ports and promoting regional cooperation.

Long AN International Port joins 12th Portech Asia Summit 2025 in Malaysia

Oyo, Flipkart and Aditya Birla Group leaders among entrepreneurs who met with Elon Musk and toured his SpaceX base

Elon Musk hosts a delegation of Indian business figures at SpaceX's Starbase facility in Texas. The gathering was led by India Global Forum (IGF) Founder Manoj Ladwa (Photo: IGF)

Elon Musk hosts a delegation of Indian business figures at SpaceX's Starbase facility in Texas. The gathering was led by India Global Forum (IGF) Founder Manoj Ladwa

While underlying growth continued to be weak in the quarter for most of the top players, what is giving confidence is the commentary that discretionary expenditure is coming back

IT industry

In the delicate dance that will accompany the appointment of a new president of the party, Mr Chouhan could be a participant

shivraj singh chauhan

Hyundai Motor is exploring the potential to offer design, engineering and technology, while TVS Motor will explore manufacturing and marketing of the vehicles

Hyundai

Under the proposed rules, 18 countries -- including close US allies such as the UK, Canada, Germany, Japan, and South Korea -- will enjoy unrestricted access to chips for verified companies

Artificial Intelligence, AI

In a significant move, the US on Wednesday removed restrictions on three Indian nuclear entities, over a week after NSA Jake Sullivan announced that Washington was finalising steps to "remove" hurdles for civil nuclear partnership between Indian and American firms.
The three entities are Bhabha Atomic Research Centre (BARC), Indira Gandhi Atomic Research Centre (IGCAR) and the Indian Rare Earths (IRE), according to the US Bureau of Industry and Security (BIS).
In an address at the IIT-Delhi last week, Sullivan said the US will remove regulations that have prevented cooperation between Indian nuclear entities and American companies.
The removal of the three key Indian entities is being seen as an attempt by the outgoing Biden administration to facilitate the implementation of the landmark India-US civil nuclear pact that was sealed 16 years back.
The move comes five days ahead of Donald Trump's inauguration as the 47th President of the US.
India and the US unveiled an ambitious pla

India US Flag

L&T, Grasim, UltraTech raise funds via 10-year bonds

Larsen & Toubro

Coming out of the worst pandemic in a century and the worst economic crisis since the Great Depression, the United States in four years under Joe Biden's leadership has emerged stronger, more prosperous, and more secure, the outgoing US President said in a letter Wednesday.
History is in your hands. The power is in your hands. The idea of America lies in your hands. We just have to keep the faith and remember who we are. We are the United States of America, and there is simply nothing beyond our capacity when we do it together, Biden said in a letter addressed to his countrymen.
Four years ago, we stood in a winter of peril and a winter of possibilities. We were in the grip of the worst pandemic in a century, the worst economic crisis since the Great Depression, and the worst attack on our democracy since the Civil War. But we came together as Americans, and we braved through it. We emerged stronger, more prosperous, and more secure, he said.
Biden, 82, leaves the White House on ...

Joe Biden, Biden

The 'momentum' of digital evolution is calculated based on the annual rate of change in a country's digital evolution, essentially how quickly its digital transformation is occurring

digital payment, online payment

Adding to the upbeat tone for the stock market were bumper fourth-quarter results from the likes of JPMorgan, which reported its biggest annual profit on record on Wednesday

market stocks us market share market bullish

Dinesh Kumar Saraogi offers expert advisory services to optimize steel projects, enhancing profitability, efficiency, and sustainability using 43 years' experience.

Dinesh Kumar Saraogi

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

chart

Let us look at the data. We find out technically that there was a regime shift in terms of movements in the value of the rupee when it crossed 80 to the dollar in August 2022

Rupee

l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector

Budget

India's ambition to lead global manufacturing depends on tackling malnutrition and improving education. The Union Budget 2025 offers a chance to invest in these sectors, leading to sustainable growth

Megan McArdle

Megan McArdle

Megan Mcardle

Exchange gifts. Forget the economic logic

Megan McArdle: Hoping to defy history of market bailouts

Megan McArdle: Ad blockers doom many publishers to chase clicks

Megan McArdle: The price is right, or Uber will raise it

A square peg in a round euro

Megan McArdle: Does Amazon's monopoly really matter?

Online journalism is suffering print's fate

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California Walnuts: The Fresh Crop Has Arrived in India = Wellness Within

How Bhutan Tuff is Redefining the Plywood Industry Through Make in India

AutoExpo 2025: DELLORTO Unveils the Future of Mobility

With Grap-3 curbs lifted, Delhi govt orders resumption of physical classes

Long AN International Port joins 12th Portech Asia Summit 2025 in Malaysia

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