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While the sector can create low-skilled jobs, many other things need to fall in place as well.
And does it even matter?
How will the RBI under Urjit Patel set interest rates?
The "industrial economy" itself will change beyond recognition. And more than that, any industry or institution which relies on a model of centralized production or decision making will be under threat.
PersonalFN elucidates how to manage liquidity needs and deploy investible surplus productively.
Lessons on dividends from a bakery business.
A scare in the Bonner family...
Gold outperforms equities in 2016.
What does Urjit Patel's appointment as RBI Governor mean for Indian economy?
Is the world run by Creationists or Darwinists?
Seven reasons why we're on the cusp of a tech revolution. Globalisation, thus far, has been composed of five waves of industrial revolution. That cycle is now complete.
The rate of inflation is at a nearly two-year high and it is important that the focus on inflation is retained.
The affordable housing sector has seen a massive surge in the first half of 2016.
What is common between unicorns, dwarfs and glorified smallcap stocks?
The elaborate myths being constructed in the lead up to the US elections.
The timeframe for tech startups becoming unicorns is shrinking.
The market and the Fed place undue importance on a twenty-five basis point increase in the interest rate. All this leads to a loss of central bank credibility
Successful investors see this strategy as "returns waiting to happen".
The fall in oil prices is the main reason for improved performance of Air India as well as Shipping Corporation of India. There has been no so called turnaround.