Do it yourself

In a December 2025  commentary , economist Kenneth Rogoff argues that the rising tide of anti-immigration sentiment in many wealthy countries isn’t just a political squabble: it’s an economic self-inflicted wound. Rogoff notes that many advanced economies are confronting aging populations, shrinking workforces, and chronic labour-shortages. Yet political pressure is pushing in exactly the opposite direction: tougher restrictions on migration. He warns that by “shutting the door on immigrants,” nations undermine their ability to adapt to rapid technological change, maintain innovation, and sustain long-term growth. In effect, restricting immigration at this moment equates to taxing the future — a decision that may feel popular, but that carries serious costs in competitiveness, productivity, and payoffs from technological adoption. Recently  Elon Musk also echoed similar sentiments . At its core, his message: demographics aren’t optional — if labour supply and talent mobility d...

The recent discussion triggered by a viral video featuring Sanjeev Prasad , Co-Head – Institutional Equities at Kotak Institutional Equities, has reignited scrutiny of India’s IPO markets. Prasad highlighted that over the past five years, roughly 40% of IPO proceeds have gone to promoters and early investors, while only around 15% has been deployed toward capital expenditure—suggesting limited contribution to real economic asset creation. His statement resonated widely, reflecting growing investor unease over whether public equity markets are increasingly serving as exit avenues rather than engines of new growth. While the concern is valid and deserves examination, the broader picture is more nuanced than a headline statistic reveals. The Concern: Is the IPO market becoming exit driven? The disproportionate share of Offer for Sale (OFS) raises legitimate questions: ·          Are IPOs being priced and marketed primarily to facilitate stake...

In a rare instance of exuberance, the RBI governor termed the present moment as “rare Goldilocks period” of the Indian company, after cutting the policy rates by 25bps and quietly opening the liquidity taps. This should have enthused the financial markets but to the contrary, markets have turned even more cautious; especially, the foreign investors. This market behavior phenomenon might raise several questions in the minds of small investors. For example, - ·           Whether the rate cut decision is driven by conventional macroeconomic and monetary policy conditions, i.e., to support growth, considering that growth rate is already high and above the RBI estimates or the decision is driven by non-monetary policy considerations, e.g., driving bond yields down in anticipation of larger borrowing targets in FY27, or to drive INR further lower to help exporters manage tariff situation well, etc.? ·        ...

Hon’ble Prime Minister I write to you with a deep sense of disappointment, urgency and hope. While the matter may appear trivial at first glance, the incident carries wider implications for governance, civic responsibility and the trust of our youth in Indian institutions. I therefore request your kind attention and necessary directions to concerned ministries and agencies. Background The Common Admission Test (CAT), conducted this year by IIM Kozhikode, is one of India’s most prestigious entrance examinations. Last Sunday, I accompanied my daughter to her designated test center in North Delhi (Indraprastha Public School, Rajeev Nagar, Begumpur – 110086). The center was located inside a narrow by-lane of a regularized unauthorized colony, with examinees—many of whom had travelled over 50 km—reporting as early as 7:30 AM for the 8:30–10:30 AM session. More than 500 aspirants appeared, spanning diverse socio-economic backgrounds. The accompanying parents included professionals, teachers,...

(Photo Credit IET) AI (Artificial Intelligence) is no longer a future disruptor—it’s already reshaping how the world operates. For India, a country with 10–11 million tech and customer experience (CX) workers, the stakes are unusually high. AI is already reshaping how India codes, tests, designs, supports, and runs digital work. India’s millions of Tech and CX workers are at the threshold of a major transition to a future that is full of historic new opportunities and risks. The latest report published by NITI Aayog  “Roadmap for Job Creation in the AI Economy ”  (NITI Aayog–BCG–NASSCOM), delivers a clear message- AI can either shrink India’s tech workforce sharply by 2031—or expand it dramatically. The outcome depends entirely on what India does next. Here are the key points highlighted in the report. The Stakes: A ±5 Million Job Swing by 2031 India faces two sharply diverging paths: If India does nothing: Tech workforce drops from 7.5–8M → 6M CX workforce drops from 2–2.5M →...