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Editor's Picks - India will continue to rise, regardless of its politics | When Science Journalism Becomes Dangerous & more..

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India will continue to rise, regardless of its politics! India is an important country. It will soon be the world's most populous. It has the world's fastest growing large economy. Not least, it remains a vibrant democracy. What happens in India is going to affect everybody on the planet. What, then, are its economic prospects? Has Narendra Modi, its prime minister, made a big difference? How important are the general elections due in the next few months? The decisive change in India's economic trajectory came in 1991, when a foreign currency crisis caused a fundamental shift away from the "license Raj" towards a market-led economy, but one with a strong role for public ownership, and constant government interference. This is today's broad Indian consensus. Mr Modi has operated largely within it, albeit introducing significant further reforms, most of them uncontroversial - at least in principle, if less so in practice. The exception has been demonetisation - a shocking decision, taken on Mr Modi's whim. Continued here Read TradeBriefs every day, to maintain perspective! Advertisers of the day Wharton Business Analytics Team: Wharton's Business Analytics Program (Online) Columbia Business School: A Fintech, Digital & Analytics program for Leaders in Financial Services Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. When Science Journalism Becomes Dangerous As a molecular biologist, I laugh alongside my colleagues in the lab when we read stories in magazines or hear breaking news reports about the latest "cure" for cancer. We understand that scientific research can be a little dull. And publications in scientific journals can be virtually inaccessible to the general public, both in terms of their jargon and their exorbitant pricing. To sell a scientific story, research findings get spiced up, simplified, over-extrapolated, and even distorted. For example, I feel like I read a headline about a new "cure" for cancer every week. If I had to meet only the scientific standards of a news corporation, I would have personally "discovered" 57 new anti-tumor drugs during the course of my PhD studies alone. Ultimately, there isn't a great deal of danger to stories like these. Sure, they may get people's hopes up prematurely. But chemotherapy drugs take years of clinical testing, millions of dollars, and pages of legal documentation before they reach the market. We start to approach a gray area, however, when the media promotes unregulated products or makes unclear, and unproven, suggestions about the ways our bodies work. People shouldn't be basing their health decisions on an article they read online or something they saw on TV. Health choices should be governed by the best possible scientific understanding available and that's not something that's going to be gleaned from sound bites in mainstream media. Continued here Get today's top stories here

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Wharton's Business Analytics Program (Online) | Enroll Today

Learn business analytics using its 3 foundational pillars: Descriptive, Predictive, and Prescriptive.

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STARTS ON March 6, 2019 DURATION 3 months, online 6‒8 hours per week PROGRAM FEES $2,450 How Can Business Analytics Create Competitive Advantages? Wharton's three-month online program — Business Analytics: From Data to Insights — arms managers and leaders with the tools needed to break away from the pack. Take the opportunity to turn data into a competitive advantage. 2X The amount of data doubles every three years as various digital sources continue to make information available SOURCE: MCKINSEY & COMPANY 1.5 Million A significant shortage of managers and analysts who can effectively use analytical concepts to make decisions is predicted for 2018 SOURCE: MCKINSEY & COMPANY 75% Three-quarters of companies are missing the skills and technology to make the best use of the data they collect SOURCE: PWC Whether you've already adopted an analytics practice or need to create one, this online program delivers the tools and methods for gathering clear insights, improving your ability to predict the future. Make decisions faster and better. LEARN MORE Industry Examples Retail Why were stores either selling out of Time magazine or only selling a small fraction of their inventory?   Apparel How has Kohl's been using analytics for smartphone targeting?   Technology How could Amazon potentially ship before you buy? Early applications encouraged. Seats fill up quickly! Flexible payment options starting from $1,029 available now. APPLY NOW Note: Wharton Executive Education is collaborating with online education provider EMERITUS Institute of Management to offer a portfolio of high-impact programs for working professionals. Through this collaboration, we are able to offer broad access to the world-class knowledge for which the Wharton School is known, in an engaging and interactive digital environment.

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Editor's Picks - Warren Buffett's Compounding Knowledge strategy, A Face to the Jobs Crisis in India & more..

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Compounding Knowledge (The Warren Buffett advantage) A lot of us are on the treadmill of consuming expiring information. Not Warren Buffett. He filled his mental filing cabinet with information that had a long half-life. While most of us focus on consuming information that we won't care about next month, let alone next year, Buffett focused on knowledge and companies that change very, very slowly or not at all. And because the information he was learning changed slowly he could compound his knowledge over time. And as Schroeder notes, Buffett has been in business for a long time, giving him incredible opportunities to create a cumulative base of knowledge. Expiring information is sexy but it's not knowledge. Here are a few telltale signs you're dealing with expiring information. First, it's marketed to you. Second, lacking details and nuance, it's easily digestible. This is why it's commonly telling you what happened, not why it happened or under what conditions it might happen again. Third, it won't be relevant in a month or a year. Continued here Read TradeBriefs every day, to think better! Advertisers of the day - Columbia Business School: A Fintech, Digital & Analytics program for Leaders in Financial Services - Quickbooks India: Fast and Safe Accounting, Anytime, Anywhere Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. A face to the jobs crisis in India Meshram is a Dalit from the lower middle class in Kanhan, a small town near Nagpur. Fifth of six siblings. Four of his sisters are married; his father retired as a worker from the Western Coalfields Ltd. Unlike his father, Meshram has held many jobs over 10 years: supervisory, training-oriented and as a salesman. All short-lived. "You are fired every six-seven months," he said. From that income, he foots his bills and funds the post-graduation of his younger brother, who has also begun a job hunt. Meshram is the face of an ever-burgeoning crowd of job seekers primarily from a lower caste and class background in India's underbelly. He has struggled to finish his basic education for want of money and grapples daily with a thousand anxieties and nagging depression. "I prefer a low-category government job for its promise of security," he said. He'd do any government job - a gangman in the railways, a constable in the security forces or a bank clerk - but says his chances are diminishing with his advancing age. Continued here Get today's top stories here

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Editor's Picks - The top idea in your mind, Why the pursuit of money isn't bringing you happiness & more..

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The Top Idea in Your Mind I realized recently that what one thinks about in the shower in the morning is more important than I'd thought. I knew it was a good time to have ideas. Now I'd go further: now I'd say it's hard to do a really good job on anything you don't think about in the shower. Everyone who's worked on difficult problems is probably familiar with the phenomenon of working hard to figure something out, failing, and then suddenly seeing the answer a bit later while doing something else. There's a kind of thinking you do without trying to. I'm increasingly convinced this type of thinking is not merely helpful in solving hard problems, but necessary. The tricky part is, you can only control it indirectly. Continued here Read TradeBriefs every day to get inspired! Advertisers of the day - Columbia Business School: A Fintech, Digital & Analytics program for Leaders in Financial Services - Quickbooks India: Fast and Safe Accounting, Anytime, Anywhere Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Why the pursuit of money isn't bringing you happiness- and what will A preponderance of evidence shows that the feeling of having enough time - "time affluence" - is now at a record low in the United States. When my team and I analyzed a survey of 2.5 million Americans by the Gallup Organization, we found that 80% of respondents did not have the time to do all they wanted to each day. This situation is so severe it could even be described as a "famine" - a collective cultural failure to effectively manage our most precious resource, time. Time poverty exists across all economic strata, and its effects are profound. Research shows that those who feel time-poor experience lower levels of happiness and higher levels of anxiety, depression, and stress. Continued here Get today's top stories here

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You are receiving this mailer as a TradeBriefs subscriber. We fight fake/biased news through human curation & independent editorials. Your support of ads like these (upto 2 per day) makes it possible. If you still wish to unsubscribe, you can unsubscribe from all our emails here Our address is 309 Town Center 1, Andheri Kurla Road, Andheri East, Mumbai 400059