Under the Hood of the Fastest Growing Major Economy in the World
India’s economy roared in Q4 2023, defying expectations with an 8.4% surge in Gross Domestic Product (GDP), the key measure of overall economic output. But is it sustainable, and what caveats need to be considered? Read on as we unpack the details of the number making the headlines To understand how well the economy […]
The Evolution of Wholesale Payments
The future of wholesale payments belongs to banks willing to navigate the shifting landscape, secure valuable touchpoints with clients, and remain competitive amidst growing competition. We have reached an inflection point – decisions made today will shape banks’ positions in the wholesale payments market of tomorrow. The landscape of wholesale payments is undergoing a […]
A Tenfold Path to Industry Readiness
Key strategies for grooming management students to become industry-ready, ensuring they can thrive in the dynamic and competitive business environment of today and tomorrow The modern business landscape is constantly evolving, driven by technological advancements, shifting market dynamics, and changing consumer preferences. To succeed in the new age workplace, management students must equip themselves […]
Interconnected Risks Rapidly Rising
In a recent survey of over 700 risk management professionals worldwide across major industries, 83% say that risks are becoming far more interconnected and harder to segregate, leading to outsized impacts A groundbreaking global study by Accenture has revealed that the growing interconnectedness of systems, supply chains, and sectors is causing a swift emergence […]
From Text to Blockbuster in Seconds
A Hollywood studio has put on hold its $800-million expansion plans after watching the stunning hyper-realistic videos produced by an OpenAI innovation that leverages a transformer architecture to convert data into spacetime patches of video and image You’ve probably seen those viral videos recently where people type in a text prompt and an AI […]
The EU AI Act: A Regulatory Milestone
In recent years, global AI regulation has become unequivocally crucial, with an increasing number of countries now enacting laws for ethical AI use. The EU’s upcoming AI Act mirrors nations like the US, Canada, Australia, and Japan, which are also enacting AI regulations due to risks like privacy breaches and biases. Organisations must align with […]
How Relevant is Performance Appraisal in the Modern Workplace? Part III
Organisations are exploring new-age appraisal approaches that align with the changing nature of work and employee expectations –creating a performance management culture that is flexible and employee-centric As the workplace continues to evolve, organisations are exploring new-age approaches to performance appraisal that align with the changing nature of work and the expectations of employees. […]
From Sunbeams to Power Plants: Unveiling the Promise of Nuclear Fusion
Replicating the solar process of nuclear fusion on Earth has been the holy grail of scientists for decades, and developments in Japan mark a crucial step towards making it a reality The world held its breath a couple of months ago this winter, as Japan inaugurated the JT-60SA reactor, the largest operational superconducting tokamak […]
A Big Shift from Jobs to Skills
The latest World Economic Forum Future of Jobs report forecasts that 44% of core skills will be disrupted by 2027 and 60% of all professionals will need to be retrained As the headlines scream of massive job losses, sharply reduced hiring numbers, and an unprecedented churn of human resources, it reveals a tectonic skill […]
Foundation Models: Revolutionising Machine Learning and AI Applications
Foundation models are a cornerstone of the AI ecosystem. While challenges persist, the continued advancement and refinement of foundation models promise to unlock new frontiers in AI innovation, shaping the trajectory of technological progress in the years to come. Foundation models (FMs) represent a groundbreaking advancement in the field of machine learning (ML), offering […]