After spending over nine years in the US, Ajith Mohan Karimpana who was working as Vice President for Goldman Sachs decided to move back to India in 2010. Post the 2008 global economic crisis, most investment banks were firing people and getting the employer to apply for a green card for him, seemed impossible. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
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Focusing on different industries: Silicon Valley needs to refocus its strengths in innovation aimed at solving global challenges. By one count, only 18% of U.S. unicorns focus on solving problems in healthcare, education, financial inclusion, and agriculture. These are untapped opportunities with huge upside and impact potential. For instance, there are 55 million Americans that are underbanked and over 80 million who have no or limited health insurance. Additionally, these needs are critical to the well-being of the general populous, and many innovations in this space will continue to progress even through a potential downturn, as spending starts to slow on luxury or excess consumption. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
The nationwide lockdown was first announced by the Prime Minister on March 24 for 21 days in a bid to contain the spread of the novel coronavirus. It was first extended till May 3 and then again till May 17. The lockdown has been further extended till May 31. … [Read more...] about Centre likely to retain limited role and allow states have more say after Lockdown 4.0
For India, experts have said, banking on Herd Immunity is a “terrible idea”. While speaking to former Congress chief Rahul Gandhi, Director of Harvard Global Health Institute Ashish Jha said, “We are finding that even healthy and young people are getting very ill. We can’t be cavalier about this. We have to protect these people. Herd Immunity in India is a terrible idea as millions will die, even young people.” … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
For many, Mehta’s long-term is already a reality. Mishra’s team, for instance, has provided many artisans with the raw material required to continue working during the lockdown. “The Khatwa women in Jharkhand have the fabrics and designs, and the weavers in West Bengal have yarn on their loom. A long-continued lockdown would throw up a supply chain challenge. However, we are in the process of evaluating options such as the cargo services of the Indian Railways, when things begin opening up in the next 30 days.” His team is also working on blueprints and designs to share with their weavers and artisans. … [Read more...] about Coronavirus lockdown | India’s 7-million strong artisans’ community faces supply disruptions, cancelled orders & financial hardships