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All About Change


1 Tiffany Yu — Smashing Stereotypes and Building a Disability-Inclusive World 30:23
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Tiffany Yu is the CEO & Founder of Diversability, an award-winning social enterprise to elevate disability pride; the Founder of the Awesome Foundation Disability Chapter, a monthly micro-grant that has awarded $92.5k to 93 disability projects in 11 countries; and the author of The Anti-Ableist Manifesto: Smashing Stereotypes, Forging Change, and Building a Disability-Inclusive World. As a person with visible and invisible disabilities stemming from a car crash, Tiffany has built a career on disability solidarity. Now that she has found success, she works to expand a network of people with disabilities and their allies to decrease stigmas around disability and create opportunities for disabled people in America. Episode Chapters 0:00 Intro 1:26 When do we choose to share our disability stories? 4:12 Jay’s disability story 8:35 Visible and invisible disabilities 13:10 What does an ally to the disability community look like? 16:34 NoBodyIsDisposable and 14(c) 21:26 How does Tiffany’s investment banking background shape her advocacy? 27:47 Goodbye and outro For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/…
Will OpenAI pull out GPT-5 from its hat next?
Manage episode 409921478 series 3353754
Content provided by HT Smartcast and Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by HT Smartcast and Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Maintaining that GPT-4 “kind of sucks”, OpenAI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may release GPT-5 sometime between June and August this year. Why is this a big deal?
…
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359 episodes
Manage episode 409921478 series 3353754
Content provided by HT Smartcast and Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by HT Smartcast and Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Maintaining that GPT-4 “kind of sucks”, OpenAI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may release GPT-5 sometime between June and August this year. Why is this a big deal?
…
continue reading
359 episodes
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Mint Primer

1 Landslides: Why they are more frequent & lethal 5:55
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The landslide in Wayanad in Kerala that has killed over 200 people is one of the biggest natural disasters to have struck the country in recent times. Mint looks at the spate of landslides in recent times, why they are on the rise and how, if at all, they can be mitigated.
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1 Mining minerals: Could cement & steel get dearer? 5:37
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In a landmark judgment last week, the Supreme Court upheld states’ right to tax land-bearing minerals. This decision will impact industry but bolster states’ ability to raise resources. Mint looks at the judgment, its significance and how it will affect consumers
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1 The search for an engine: Should Google worry ? 5:54
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Google became one of the world’s largest companies by building the world’s most popular internet search engine. But the advent of AI has spawned an army of rivals ready to upstage its monopoly. Now, with OpenAI showcasing SearchGPT, should Google be scared?
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1 Can new govts in India, UK give FTA talks a push? 5:50
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This summer saw the inauguration of new governments in New Delhi and London. With the business of national polls completed, the two countries are expected to resume talks on a Free Trade Agreement (FTA). lets looks at the prospects for a speedy conclusion to the talks.
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The economic survey, the government’s most comprehensive annual analysis of the economy, is critical to shaping policy. Looking through the survey’s prism, Mint pieces together what the Union budget 2024-25 may have in store from a focus on jobs to pushing green growth.
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1 Byju’s bankrupt: Is the edtech crisis deepening? 5:54
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Once-feted, edtech firm Byju’s is now facing legal showdowns. Earlier this week, the company was admitted to insolvency by the National Company Law Tribunal (NCLT). What does this mean for the edtech sector, employees and investors?
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1 Karnataka: One step too far with local-only quota 5:34
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The Karnataka government has pressed the brakes on a bill aimed at quotas for “locals” in the private sector. The pause comes when the state is facing labour shortages. Besides, the bill would have deterred firms, delayed projects and impacted investments.
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1 Hidden in plain sight: New food inflation data 6:03
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Food prices rose sharply in June after a searing heat wave. The hope now rests on ample monsoon rains to soften the blow. But excess rains can play a spoilsport. Weather shocks become the new normal, and predicting food prices is a fool’s errand.
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Donald Trump, the former US President and presumptive Republican candidate for the November 2024 presidential polls, was injured in an assassination attempt over the weekend. What are the implications for US politics and the world?
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1 To Russia With Love: Takeaways from Modi’s visit 5:27
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Prime Minister Narendra Modi closed a two-day visit to Russia on 9 July. Mint looks at the key outcomes from the visit that came amid the Ukraine war and a growing divide between Western countries on the one hand, and China and Russia on the other.
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1 How the budget can accelerate EV sales in India 6:05
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The EV industry in India is in need of a push, with growth beginning to taper. At least part of it is due to a cut in subsidies earlier this year. As a result, hopes are now pinned on the third instalment of FAME scheme expected to be announced in the budget on 23 July.
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On 8 July, a Supreme Court bench will hear petitions challenging alleged irregularities in the National Eligibility-cum-Entrance Test (NEET-UG). With the future of 2.4 million medical students at stake, lets takes a look at how things could be improved.
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Prime Minister Narendra Modi has skipped the 2024 Shanghai Cooperation Organisation Summit meet in Astana, the capital of Kazakhstan. Is India’s interest in this grouping fading? Mint examines this question and more.
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Property markets in tier-II cities, where sales and price growth have long been subdued, saw a turnaround in both home sales and prices last year. While the sales volume is much lower than in tier-I markets, the pace of growth is faster. What’s the future of small-town homes?
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1 Will you get your internet directly from satellites? 5:54
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The idea of getting internet connectivity beamed from satellites is gaining popularity. But, as the technology matures, satellite communications (satcom)-based internet service has moved away from being a user-centric technology. Is it viable for users in India?
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AI now allows us to build and communicate with digital avatars of the dead. These so-called ‘deadbots’, ‘ghostbots’, ‘postmortem avatars’ or ‘griefbots’ may provide comfort to some (including those doing legacy planning), but they raise difficult ethical questions
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Mint Primer

1 Phone tariff hikes: Is this the end of cheap data era? 6:07
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Last week, India’s leading telecom companies Reliance Jio, Bharti Airtel and Vodafone Idea raised tariffs across voice and data plans. This is the third hike since 2019 and was not entirely unexpected.
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1 Why India needs a new method to count its poor 6:03
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While India may be lifting a lot of people out of poverty, the way it goes about counting those living below the poverty line is imprecise. After calls for an overhaul last week, Mint looks at issues surrounding poverty measurement and the need for having a more modern model.
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1 How China beat the US to No.1 in trade with India 6:15
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In FY24, China overtook the US to become India’s largest trading partner after a gap of two years. Tune in to know how trade between the two Asian giants has evolved and why it is proving to be so difficult for India to decouple itself from its neighbour.
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India accounts for 10% of the 7 billion people using smartphones globally. These, however, may be gradually replaced by extended reality (XR) glasses, gesture-based screens and even brain-computer interface (BCI) devices like Neuralinks in the next 10-15 years.
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1 Is India Inc’s call for more public capex justified? 6:13
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Confederation of Indian Industry (CII) president Sanjiv Puri wants a substantial hike in the already-high government capital expenditure. However, experts suggest it’s time India Inc did some heavy lifting and invested to support economic growth.
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1 Terror in J&K: What explains the sharp uptick? 5:39
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Centrally administered Jammu and Kashmir (J&K) has seen a sharp rise in terrorist attacks with four incidents last week. The strikes have prompted New Delhi to take a second look at its security strategy. Mint looks at the possible reasons for the spike in terrorist activity
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1 Unreal faces and AI brains: An uncanny valley? 5:50
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An Indian avatar is in the world’s first AI beauty pageant shortlist, where two of the four judges are also AI-powered. Mint explores the pros and cons of AI’s growing influence, from AI CEOs and assistants to realistic AI deepfakes and voice clones.
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1 Why Naidu faces a daunting task in Andhra Pradesh 5:58
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N. Chandrababu Naidu’s fourth term as chief minister of Andhra Pradesh could be his most difficult yet as he inherits a financially broke and industrially ignored state. Mint delves into the challenges the Telugu Desam Party (TDP) leader faces this time around
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1 Why developers are shopping for offline retail 4:23
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We all love shopping online. The fallout? Many malls, beyond the top graded ones, have closed. However, developers continue to be bullish on retail spaces, numbers released this month by JLL India, a property advisory, show.
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1 Intelligent bet: Can Nvidia keep up its swift rise? 5:54
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Last week, Nvidia briefly overtook Apple to become the second most valuable company in the world at $3.01 trillion. Even as Nvidia shareholders and its chief executive rejoiced, analysts and watchers of the company claimed the future may not be so easy.
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1 Alliance dharma: What reforms will work, what won’t 5:38
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After two terms of absolute majority, the Indian electorate has given a fractured mandate to the Narendra Modi-led BJP. The era of coalition politics is back with a bang. Does that also mean an end to the promise of big-ticket reforms?
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1 Why the market doesn’t like the election results 6:07
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The BJP-led NDA scored a victory in the Lok Sabha polls, but the saffron party was unable to secure a simple majority on its own. The age of coalition politics is back and this queers the pitch for the market in the short term. Mint explains why.
The 2024 elections have thrown up a major surprise. The Bharatiya Janata Party (BJP) was supposed to have swept the polls. Instead, it has fallen short of a majority. It now needs to form a government with its partners in the National Democratic Alliance (NDA). In short, the era of coalition politics is back in India. Here are some of the main takeaways…
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1 Will decoding AI ‘black boxes’ make them safe? 2:41
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Artificial intelligence (AI) and generative AI (GenAI) are advancing at an incredible pace, but we are unable to understand how they make decisions, so they are called ‘black boxes’. Researchers say they are now able to peek under the AI hood. Will this make AI models safer?
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1 Why building of highways in India is slowing down 5:46
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India has built highways at a frenetic clip over the past decade. Now there are signs that the pace may have peaked in 2023-24 and it may even fall in the current fiscal year. Mint explores the reasons for this and whether this is a temporary blip or long-term in nature.
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Tune in to the latest episode to know that now users are getting comfortable with AI models and chatbots, the next step is to improve user experience. But how? The answer lies in using many specialist bots, rather than getting one to do all the jobs from banking to customer care to teaching.
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1 Power crisis: Are we in for another sizzling summer? 5:46
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A sizzling heat wave is stretching India’s power infrastructure. In fact, the power deficit in June is projected to be the highest in 14 years. Mint looks at the factors causing it, steps the government has taken, and whether a crisis can be avoided this time around.
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Mint Primer

Google’s long-term experiment to create a science fiction-like 3D, holographic ultra-realistic display is now a real product. After many failures, is Silicon Valley’s quest to build screens that look like teleportation portals finally nearing promise?
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1 Above the law: Who will protect the consumers? 5:29
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The Supreme Court has exempted lawyers from the purview of the Consumer Protection Act. This sets the stage for doctors to get a similar exemption. Mint looks at what this ruling means for consumers and what redressal options we now have for poor service.
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1 Indian spices: the bitter taste of global scrutiny 6:03
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Regulatory action in Singapore and Hong Kong on two of India’s biggest spice brands—MDH and Everest—for alleged chemical contamination has turned the heat on spice exports. Mint looks at the issue and analyses what it could mean for the $4-billion export sector.
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1 Infra financing guidelines: Why are banks upset? 4:45
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New RBI draft guidelines on project loans are aimed at bringing credit discipline and ensuring only serious players participate. But since their release last week, shares of PSU banks and infra NBFCs have tanked. And bankers are upset.
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1 IPOs by flexible workspace firms: Sharing to grow 5:45
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Flexible workspace provider Awfis Space Solutions recently got the market regulator’s nod for a public listing. More operators, which offer modern office solutions, are likely to follow. What does this mean for the commercial office sector?
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Prominent brands are under the scanner for selling sugary infant food, chicken fed with antibiotics, and spices peppered with cancer-causing chemicals. Naturally, experts are concerned about lax regulations.
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1 Honey I shrunk AI: the latest in tech takeover 4:52
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This month, Meta unveiled its new AI model, Llama-3, and Microsoft introduced Phi-3. The base version of each is tiny in comparison to large language models (LLMs). Turns out, shrinking AI models is what Big Tech is doing to reach every user in the world.
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Fresh geopolitical uncertainty has pushed global crude prices above $90 per barrel. How does it impact India’s oil marketing companies? Will they be forced to increase prices in the election season?
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1 Can breaking up Big Tech really help businesses? 5:48
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Microsoft is unbundling its video conferencing platform Teams from the Office suite after a European probe into anti-competitive practices. Bundling of apps is under regulatory scrutiny everywhere. But breaking up Big Tech might not be the magic bullet.
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Maintaining that GPT-4 “kind of sucks”, OpenAI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may release GPT-5 sometime between June and August this year. Why is this a big deal?
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Mint Primer

The Reserve Bank of India (RBI) is tightening its scrutiny of the credit card industry. Recently, it asked Federal Bank and South Indian Bank to stop issuing new co-branded credit cards.
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The Centre has notified a fact-checking unit to flag ‘misinformation’ about the government, with powers to issue directives. The Supreme Court has stayed the notification to verify the unit’s constitutionality.
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1 Tesla at ₹40 lakh: Will EVs now come roaring in? 4:29
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In a surprise move, the government brought in a new EV policy on Friday slashing import duties on electric cars to 15% just before the Model Code of Conduct came into force.
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1 Big tech trouble: Bill that may end monopoly moves 5:46
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The Draft Digital Competition Bill looks to check Big Tech from creating market monopolies. But lawyers and policymakers fear it may scare away global investors, and stifle innovation by breaking up apps that work with each other. Here’s how the bill may work.
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By Chinese standards, the 5% economic growth projected for 2024 seems rather modest. But such is the state of its economy that most analysts do not expect it to meet even this target. Mint looks at China’s economic woes and what it portends for the global economy.
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1 What a scorcher: Can this pace of growth continue? 6:24
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The Indian economy grew at a surprising 8.4% in the third quarter of FY24. Will this pace of economic expansion continue in the fourth quarter? What is the outlook for 2024-25? Mint looks deeper into the third quarter performance and the prospects for the next few quarters.
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SpiceJet boss Ajay Singh and Busy Bee Aviation have submitted a rescue plan for bankrupt airline Go First. Previously, efforts to revive Jet Airways have met with limited success. Mint explains the flight path of recovery and the challenges associated with it.
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1 India and the Red Sea sharks: crisis without an end? 5:57
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Houthi attacks on commercial ships in the Red Sea, in reprisal for Israeli bombing of Gaza, continue unabated and the disruption they are causing is beginning to pinch. As the crisis enters its fourth month,
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Stocks of public sector undertakings (PSU) have had a sterling rally this year. The 56-stock BSE PSU Index’s doubling outshines the Sensex’ modest 24% return this fiscal amid a valuation re-rating backed by earnings. But this rally isn’t a mere bubble.
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1 Will new SEZ rules help fill up vacant offices? 6:14
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The Centre’s move to allow partial denotification of special economic zones (SEZs) into non-SEZs in IT and IT-enabled services parks has prompted developers and real estate investment trusts (REITs) to de-notify SEZ spaces. Will this impact vacancy levels?
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The Reserve Bank of India has asked a card network to pause payments under a system that allowed companies to make card payments to certain other businesses. RBI did not name the network but Visa says it’s got a missive. Mint explains the reasons
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1 Why aren’t bike-taxis in India bigger already? 5:45
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Bike-taxis could be an answer to our urban mobility woes but often face regulatory hurdles. While the Centre has recently clarified their legality, state-level concerns about licensing and regulation persist. What needs to be done to make them more viable?
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1 10, 9, 8, 7... Small rocket mission’s going slow. Why? 5:59
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The Small Satellite Launch Vehicle (SSLV), first proposed in 2016, was meant to be India’s challenge to the dominance of the US in space launch services. But in the past two years, it has only seen two demonstrator launches. Mint finds out why things are going slow.
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Net direct tax collection has surged 20%, led by a sharp increase in personal income tax payments. This has helped the government reduce borrowings and speed up fiscal consolidation. Mint looks at what catalysed the mop-up, its benefits and the outlook for next year
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Farmers have laid siege to European cities with tractors protesting subsidy cuts, cheap imports, high energy prices and imposition of green policies. In India, farmers are preparing for another showdown. What’s going on? Is there a common thread?
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1 Are you middle class? A scheme may tell you soon 5:43
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Finance minister Nirmala Sitharaman has announced a housing scheme for the middle class as part of a ‘housing for all’ policy. This has sparked off a hunt for counting the middle class.
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1 High rise: Why rents will spiral again this year 5:48
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Rents went through the roof in 2023—the rise was the highest in a decade—as demand outstripped housing supply in many cities. Will the trend change this year? If so, to what extent?
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Top officials of the $120 billion domestic automotive industry met in New Delhi last week to brainstorm over what could be in store next year. They expect a slowdown in the growth of passenger vehicles.
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1 No more targets: A new strategy for divestment 6:11
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For the fifth year in a row, the government is set to miss its divestment target. It has now adopted a new strategy and has decided against fixing a divestment target. Why did the targeted approach fail and why do we need divestments?
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1 India’s deep tech corpus: Is ₹1 tn really enough? 5:50
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The interim union budget for FY25 announced the setting-up of a ₹1 trillion-corpus to fund deep-tech ventures. This gives India’s nascent deep-tech sectors a shot in the arm. However, there will be challenges. Mint explains why the corpus is significant.
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1 Telepathy: Would you put a chip in your brain? 5:12
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Elon Musk-owned Neuralink has implanted a brain chip in a patient who is “recovering well”. Neuralink’s brain-computer interface (BCI) can help patients use their limbs through thought. But some are wary about the lack of details provided by Musk.
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1 Five numbers to help you unlock the Union budget 6:19
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Finance minister Nirmala Sitharaman presents her sixth annual budget, albeit an interim one, today, likely furnishing a report card on the government’s performance in the past five years. Here are five key numbers to watch out for and cut through the economic jargon:
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In its review of the Indian economy released on Monday, the finance ministry said India can become a $7 trillion economy by 2030. That means it will almost double its GDP in the next six years. Is it possible? Mint weighs the possibilities.
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On 17 January, Samsung launched its new flagship smartphone under the Galaxy S24 moniker, claiming it was “the world’s first AI smartphone”. Will such phones help revive a smartphone market that isn’t growing?
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1 Is the coaching system failing India’s students? 5:44
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Government guidelines on regulating the coaching industry will impact thousands of tutoring centres that have mushroomed across the country. What’s wrong with the system and why were these guidelines needed in the first place
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1 Self-regulation for fintechs: Why is it needed? 6:00
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The Reserve Bank of India (RBI) has published a draft framework that lays down the broad functions, governance standards and eligibility criteria for setting up a self-regulatory organization (SRO) for fintech companies. Why is such a body needed
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1 Iran-Pakistan: Is the West Asia crisis widening? 5:44
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After days of being locked in a dangerous-looking military confrontation, Pakistan and Iran appear to have settled the immediate crisis. Iran launched the first missile strike, hitting a terror base in Pakistan’s Baluchistan. Just what’s going on here?
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1 250 million out of poverty: How to read this headline 6:23
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In a new paper, the Niti Aayog said around 248 million Indians exited ‘multidimensional poverty’ (MDP) in the nine years from 2013-14 to 2022-23. Prime Minister Narendra Modi has used the data to suggest a reduction in poverty during his tenure.
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1 Superbugs: What to do about pills that don’t work 5:59
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Indians love to self-medicate and pop their pills like candies. A recent government report sheds light on why prevention may not always be better than cure, and how we are staring at a crisis where antibiotics might just stop working
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Leaders from across the world will congregate in the picturesque Swiss town for the 54th annual meeting of the World Economic Forum (WEF) against a backdrop of rising geopolitical tensions, high inflation and tepid global growth.
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1 Pulse of a nation: Is self-sufficiency in dal possible? 5:58
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Last week, the government launched a new portal to buy pulses directly from farmers at support prices, targeting to be self-sufficient by 2027. To achieve that goal farmers will also need high-yielding varieties and a favourable trade policy.
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Google has started testing of its Privacy Sandbox initiative for Chrome. By ending cookies, Google wants people to believe that it’ll boost user privacy. Mint analyses what the move means for advertisers, users, and Google’s $250 billion ad-revenue empire.
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1 India Club: what it means for our shipping firms 5:58
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India plans to set up its own protection and indemnity (P&l) entity— the India Club—for providing insurance to ships operating in Indian coasts and waterways. Currently, the shipping industry relies on global firms for insurance. Mint explains the significance
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1 What the surprise manufacturing slowdown means 5:36
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The HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, surprisingly fell to an 18-month low in December. This came at a time when the economic growth has crossed expectations. Mint reviews its possible effect on the economy.
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1 Will office real estate bounce back this year? 6:04
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The second half of 2023 saw an uptick in office demand and leasing, propelled by global capability centres (GCCs), flex operators, and domestic corporates. Is this the beginning of a sustained recovery curve for the commercial office sector?
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Truckers are protesting against proposed stringent punishment for hit-and-run accidents. It has led to fuel shortages in many cities and put the spotlight on the importance of this sector. Mint looks at the economics of truckers and their impact on the economy.
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Recent weeks have seen the Indian IT services industry raking up no-poach clauses when it came to senior employee exits. Legal claims have been made. What explains this sort of reaction? Are these clauses even legally enforceable?
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The government on Sunday named former vice chairman of Niti Aayog and Columbia University professor Arvind Panagariya as the chairman of the Sixteenth Finance Commission (SFC), a constitutional body. Mint takes a look at what to expect from the SFC.
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Mint Primer

1 Will retail trade policy boost ease of doing business 6:02
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Retail is a major contributor to GDP and employment, and India is expected to be the third largest consumer market by 2030, after China and the US. Yet, the trade is undermined by difficulty of doing business. The Centre’s retail policy could change things
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Mint Primer

A charter plane with 276 Indian passengers, grounded in France for four days due to suspected human smuggling, returned to Mumbai on Tuesday. The incident underlines the risks of illegal migration, also highlighted in the film Dunki.
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Mint Primer

1 The fall and fall of the country’s logistics costs 6:27
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A new and more scientific way of calculation has put India’s logistics cost much lower than before. How sharp is this drop? Mint explains the reduction, where India stands globally when it comes to the cost of logistics, and what more needs to be done
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Mint Primer

1 Covid is spiking again. Just how serious is it now? 6:22
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A new strain of covid-19 has emerged, raising concerns. The first recorded instance of this virus, known as JN.1, was found in Kerala on 8 December in a 78-year-old woman. More cases have been detected since. How serious is the strain?
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Mint Primer

1 Two-wheelers are picking up, but will it last? 6:20
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Two-wheeler sales are speeding again. At least that’s what production data and retail sales in the festive months of September, October and November show. Does it mean the segment, hurt by income disruptions during covid, is back on its feet?
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Mint Primer

A hydropower policy is in the works. This comes at a time when India has set ambitious energy transition goals with plans for 500 GW of installed non-fossil power capacity by 2030. Hydro projects are also strategically important. Mint explains the policy imperatives.
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Mint Primer

1 Can’t afford a new home? Next year could get better 5:55
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Affordability to buy homes dipped in 2022 and 2023 after interest rates went up and property prices shot up in some cities. However, market watchers believe that affordability may improve next year. Why is this so?
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Mint Primer

1 Dark pattern whip: Will it alter online shopping? 4:42
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The Central Consumer Protection Authority (CCPA) has notified guidelines on dark patterns to stop online firms from force-selling, pushing unsolicited subscriptions and showing misleading ads. Mint explains how these guidelines may change online shopping.
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Mint Primer

1 IIT placements: What they say on campus hiring 6:41
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Placements at the Indian Institutes of Technology (IITs) are a barometer for how the hiring market shapes up in any given year. The battlegrounds of IITs t,his year are calm, indicating weak appetite among companies across sectors. Listen full episode here
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Mint Primer

Cyclone Michaung has brought India’s fourth largest city, Chennai, to its knees. Its recent efforts to prepare for such extreme weather events have been found to be wanting. Mint explains why the city, which prides itself as an ideal investment destination, needs to do a lot more.
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Mint Primer

1 Decoding the fall and rise of India’s forex reserves 5:56
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On 14 July, India’s foreign exchange (forex) reserves stood at $609 billion. On 20 October, it hit a recent low of $583.5 billion before rising again slightly to $597.9 billion on 24 November. What explains this yo-yo-like behavior? Mint examines the ups and downs of the rupee:
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Mint Primer

1 Poll rout: Is this the end of Cong’s welfare politics? 5:42
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While the result of the state assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh has surprised many, it will calm the markets. Fears of fiscal profligacy or a rickety coalition government at the Centre in 2024 have eased.
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Mint Primer

Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried (they widen the fiscal deficit), the Centre cracked down on the habit in March 2022 and they have decreased. Mint looks at off-budget borrowings and their implications.
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Mint Primer

1 Racing pulses: why aren’t dal prices dropping? 5:28
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After vegetables and cereals, it’s the turn of pulses now. Prices of commonly used dals are soaring. But unlike other food crops, taming pulse prices is harder, as India is both the largest producer and consumer. Mint explains the background.
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Mint Primer

1 GPS spoofing: how flights are being led astray 5:03
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A Dubai-bound business jet from Europe flew into Iranian airspace with no clearance in September—due to a false signal on the aircraft navigation system. After about 20 planes faced similar issues, the Indian aviation regulator issued an advisory last week Listen to the full episode here...
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Mint Primer

1 Goodbye SIM, hello e-SIM: Time to make a switch? 5:14
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E-SIMs or embedded SIMs will soon replace those fiddly physical SIMs in smartphones and other devices. Airtel’s top boss Gopal Vittal has urged subscribers to move to e-SIMs. But what exactly are they, how do they work, and what does it mean for us?
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Mint Primer

Retail investors have been at it. Futures and options (F&O) average daily turnover (ADT) has surged 34.5 times from FY19-24, while cash volumes only doubled, prompting deep concern from the Sebi chairperson. Brokers now expect more curbs to rein in the frenzy:
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Mint Primer

1 Right to repair: can biz mend its wasteful ways? 5:40
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The government wants to replace the ‘use-and-throw’ design philosophy of products with a ‘right to repair’ framework. Benefits are many. Mint explains the concept, its need and how this move may disrupt the way businesses operate.
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Mint Primer

1 The way out: why founders get the boot so often 5:30
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OpenAI chief executive and founding team member Sam Altman was last week fired from the company he helped make famous. Many startup founders have been made to leave their companies. What’s behind this trend?
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Mint Primer

1 After the freeze: will we soon get a petrol price cut? 6:10
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Domestic pump prices of petrol and diesel have remained unchanged since May 2022, the longest freeze in India. With the Centre netting buoyant tax revenue and global crude prices benign, can consumers hope for a cut in the run-up to the elections next year?
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Mint Primer

India’s weightage on the MSCI emerging markets (EM) index is tipped to rise to 16.3% from the current 15.88% with nine fresh stock inclusions in the gauge. The addition, effective 30 November, will take India’s representation to an all-time high of 131 stocks.
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Mint Primer

1 The rupee: its fall, recovery and the RBI’s role 5:53
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On 10 November, India’s currency touched an all-time low of ₹83.5 against the dollar. It has now recovered a little, closing at ₹83.1 on 15 November. Mint explains the reasons behind the rupee’s slide in the recent past and gives a peek into the future.
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Mint Primer

A mix of solutions has helped sharply reduce crop stubble burning by farmers in Punjab and Haryana. But some still resort to the polluting practice because of a shortage of machines to manage crop residues, causing the air quality index (AQI) to worsen
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Mint Primer

1 Long hours is not the productivity fix India needs 6:05
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The growth of India’s labour productivity—output per person per hour—has been tepid. And working longer hours is not a solution. Mint looks at the reasons for the low productivity growth and what needs to be done to improve it.
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