Representative image Impostor syndrome seems to be more common than actually thought, though at a collective level. People may often feel that the groups they are affiliated with may be underperforming in comparison to other groups. Although this self-critical approach may work in certain cases, it may also overlook the positives, and decrease the morale of those affiliated with the group. Many in India seem to have a collective/national-level impostor syndrome. While the Indian economy is much better placed than its peers in the emerging markets, and other economies, the government is being criticised on the economic front. The criticism comes when the fundamentals of the Indian economy are robust, despite the exogenous shocks caused by the COVID-19 pandemic, supply chain disruptions, monetary policy tightening by the US Federal Reserve, the Ukraine-Russia conflict, and inflated crude oil prices. India's macroeconomic health remains robust despite external pressures, and ongoing … [Read more...] about Bibek Debroy writes: India’s economy is better placed than its peers, other economies around the world
Representative image The Reserve Bank of India announced measures to ease forex inflows. This explainer helps us understand the measures and objectives behind them. What are forex inflows and why are they needed? One of the major factors of a country’s growth is higher savings. Savings are channelised into investments, which help drive the growth of an economy. If the domestic savings rate is low or the investment rate is higher than the savings rate, foreign exchange savings can be used to bridge the gap. Foreign exchange savings are nothing but net inflows of foreign capital. The Indian economy was liberalised in 1991 and efforts were made to attract forex inflows. There are various categories of forex such as Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI), NRI deposits, and External Commercial Borrowings (ECB). The government and the Reserve Bank of India welcome equity flows such as FDI and FPI, but are cautious about debt inflows because heavy … [Read more...] about MC Explains | Will steps to liberalise forex inflows help the rupee?
If you're afraid someone is going to steal your idea, you're not alone. This is a very common fear. Will a patent help? No, not really. Not in the way you've been led to believe, anyway. Here's the truth. Protecting your idea completely -- meaning excluding all imitators -- is going to be difficult at best. If your idea becomes a successful product, the copycats won't be far behind . There will be infringers and knockoffs. This is simply a fact of life. As a person who is coming up with new ideas, I know this is not what you want to hear. It's a little bit discouraging even. But you shouldn't let this reality stop you, because there is good news. Today, success in the marketplace is all about selling first and fast, and the quickest way to transform an idea into a widely distributed product is by partnering with a company already in business. That's why licensing your invention to a company that has great relationships with major retailers is the best form of protection you can … [Read more...] about The Best Form of Protection For Your Invention Idea
Share to Twitter Share to Linkedin El Segundo Energy Center, a 560-MW combined cycle power plant in southern California. Source: ... [+] Combined Cycle Journal For electricity, the lifeblood of our modern world , efficiency has been installed as the 1st choice to reduce energy usage and related GHG emissions. Although renewables are ranked 2nd in this critical "loading order," 3rd ranked natural gas often gets deployed 1st because of greater availability and reliability. This demonstrates why since California first installed its Renewable Portfolio Standard in 2003, natural gas' share in the power generation mix has actually risen from 47% then to 61% today. Thanks to its clean burning, predictable, and flexible nature, natural gas has become an increasingly attractive fuel, boosted by a production boom and lower prices. Evolving technologies will continue to allow gas to play an expanding role in the clean generation of electricity. … [Read more...] about U.S. Natural Gas Electricity Efficiency is Always Improving
Share to Twitter Share to Linkedin Adding flexibility and reliability, more natural gas will be critical to more wind and solar power / ... [+] AFP PHOTO / - / China OUT (Photo credit should read -/AFP/Getty Images) "Shale & renewables: a symbiotic relationship," Citi, here I have already shown here and here how U.S. natural gas power plants continue to increase in efficiency and reduce greenhouse gas emissions, but the high flexibility of these plants will also be increasingly critical in the years ahead. That's because gas is the backup source for more wind and solar power, which are naturally intermittent and need gas peaking plants to compensate for when "the wind doesn't blow" and "the sun doesn't shine." Gas combined cycle plants have a quick "ramp up" ability in a matter of minutes to generate electricity for those unforeseen periods when the wind and/or solar option goes away. As headlined here by MIT Technology … [Read more...] about Natural Gas Is The Flexibility Needed For More Wind And Solar
Share to Twitter Share to Linkedin Signet Jewelers, one of the world's largest fine jewelry retailers, said Tuesday that it has signed an agreement to acquire online fine jewelry retailer, Blue Nile, Inc., for $360 million in an all-cash transaction. Signet, in a statement, says Blue Nile delivered revenue of more than $500 million in calendar year 2021. Signet Jewelers , based in Akron, Ohio, currently owns the jewelry brands, Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, JamesAllen.com, in the U.S.; Peoples, H. Samuel, Ernest Jones in the U.K.; and the jewelry subscription service, Rocksbox Calling it a “strategic acquisition,” Signet in its statement says that adding Blue Nile to its portfolio “accelerates Signet's efforts to expand its bridal offerings and grow its ‘Accessible Luxury’ portfolio while extending its digital leadership in the jewelry category.” The company adds that Blue Nile’s customer base is younger, more … [Read more...] about Signet Jewelers To Acquire Blue Nile For $360 Million In Cash
Question : How can I focus on investing when I am busy with my 8 am to 5 pm job? I have a co-worker who manages the funds of our other co-workers on the side. But he is always being caught by his boss doing things other than his job. Answer: Mark my words, investing in registered financial securities is not just some hobby that you can perform in your spare time. That is why billion-dollar industries have sprouted to facilitate such investing. You need to be all S.E.T. to invest directly in registered financial securities all by yourself. “S” stands for sizable funds. Sure, you can buy financial securities with a small amount of money. But like in many things, it is so easy to buy. What is more challenging is making money. And to make money on financial securities, you will need to have access to in-depth information. You will also need to have “E,” which stands for both expertise and experience. You may be given investing information by your broker. But if you are not the … [Read more...] about On your mark, get S.E.T., go!
Property giant Federal Land Inc. has its origins as a hobby of the late business magnate and Metrobank group founder George S.K. Ty. Five decades later, the builder is betting its future on a sprawling partnership with Nomura Real Estate (NRE) Development Co. Ltd., one of Japan’s top developers, to bring Japanese technology and aesthetics to the Philippine property market. The two real estate powerhouses teamed up to form Federal Land NRE Global Inc. (FNG), the vehicle that would develop a series of townships across the country, including a 100-hectare Japanese “smart city” in Cavite and a mixed-use project along Manila Bay. Federal Land chair Alfred Ty said on Tuesday investments could reach roughly $2 billion in less than a decade. Other local developers have expanded into townships, which typically refer to masterplanned communities offering a combination of residential, commercial and office projects, but Ty said FNG would go beyond this model. “FNG is looking at offering … [Read more...] about Federal Land, Nomura to build ‘smart’ Japanese townships
The Ayala group’s AC Energy Corp. (Acen) saw its second quarter consolidated net income jump by 25 percent to P1.8 billion as its domestic operations returned to profitability while its overseas projects revved up their output. Second-quarter results significantly improved — albeit not enough to reverse profit decline — in the first semester, with Acen’s net income falling by 19 percent to P2.2 billion. From April to June alone, Acen’s net income got a boost from fresh contributions from new power generators here and abroad, as well as the easing of transmission restrictions in the Visayas grid. Acen’s generators in the Visayas were forced to limit the output they delivered in the aftermath of Typhoon Odette in December, damaging transmission facilities. This worsened the “curtailment,” or forced reduction of supply deliveries, that had resulted in a June 2021 incident that damaged a major undersea transmission cable that links the islands of Negros and Cebu. The company said … [Read more...] about Acen’s Q2 profit up 25% as local operations rebounded
Share to Twitter Share to Linkedin While the pace of change might be too slow for some, there is no doubt that net-zero is more mainstream in the business world than it was, say a decade ago. According to Net Zero Tracker, almost two thirds (683) of the 2,000 largest publicly traded companies in the world have now made corporate commitments. A recent white paper by the Finnish start-up Compensate – Getting the claims right – highlights many of the issues around net zero commitments. For example, it notes that some companies have set goals decades away, but have not set emission reduction targets over the next 10 years, or that some “routinely exaggerate or misreport” their progress towards their net zero targets. Compensate’s chief impact officer, Niklas Kaskeala, who has more than 15 years’ experience in sustainability and climate change, said over half of the biggest companies in the world now have some sort of climate change, carbon … [Read more...] about Making Sense Of The Corporate Net Zero Commitment Maze