A global Uttar Pradesh is emerging. Yogi Adityanath is guiding the shift

Subnational economies do not become global investment destinations by declaration. They evolve through stages: internal consolidation, structural reinforcement, and eventually, external projection. Uttar Pradesh appears to be entering that third phase.  For much of its recent history, the state’s narrative was framed largely in political terms. Its demographic weight was undeniable, but its economic profile…

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America’s moral authority on trial

When Abraham Lincoln called the United States the “last best hope of earth,” he framed America not merely as a republic, but as a moral experiment. Its power, he implied, would derive not only from armies or markets, but from law, liberty, and the promise that no individual — however powerful — stood above justice….

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Ring-fencing the core banking business from other risks

As businesses grow in size, scale, and complexity in a buoyant economy, certain known and unknown interconnected risks from incidental activities could exacerbate risks for regulated entities (REs). Contagion risks from other business activities could affect core banking businesses. Transfers of risk from other business activities may go unnoticed, escaping scrutiny and the risk-mitigation lens. …

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Three ways of using an LLM

Large Language Models (LLMs) are the industry’s closest friends. They are our best friends, even if they are seen as disruptors, making the scene volatile. They are a learner’s paradise. With the risk of oversimplifying, in my view, LLMs can be used in three ways: 1) LLMs as foundation models, 2) Fine-tuned LLMs, and 3)…

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GOI has a math problem to solve

Nvidia has announced several new partnerships with Indian companies to help grow the country’s AI infra. The announcements, made at the India AI Impact Summit, cover cloud computing, payment systems, data centres, and startup funding. These moves put the American chipmaker at the centre of India’s efforts to build its own AI capabilities through govt’s…

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How we confuse discipline with education

Last week, my son was stopped at the gates of his Class 12 board examination centre. Not because he was late, or because he lacked an admit card, but because he wasn’t wearing his school tie. After a frantic few minutes of pleading he was admitted. He took the paper. He will likely to remember…

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Patent pools-I

Introduction A patent pool, in simple terms, is a contractual arrangement by which several patent owners/holders license one or more of their patents to one another or to third parties.  The major reason for the formation of patent pools is the presence of complementary patents. Therefore, these patents, rather than creating barriers, must be implemented…

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Politics of America’s tariffs

Democrats spent the weekend celebrating the US Supreme Court ruling against Trump’s tariffs, which declared most of his taxes on imported goods as illegal. Those celebrations are premature. It’s not just that Trump immediately started to bring the tariffs back by other means. But also, the politics of tariffs are more complicated than Democrats want…

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