Global Stories

The average consumer is not aware of the staggering and depressing extent of food wastage and food loss in retail. If food has not been sold by its best before date, or if it is unsold close to, or past the best before date, retailers can send product back to the processor or manufacturer, and...

About 1.7 billion people worldwide are “unbanked,” that is, they do not have an account at a financial institution or through a mobile money provider. Companies in India can also have difficulties in accessing finance. Artificial Intelligence can help address core difficulties holding back financial inclusion: difficulties in verifying identities and in a lack of...

The idea of environmental racism is controversial. Even in the age of climate change, many people still view the environment mostly as a set of forces of nature. To many people, racism often connotes purposeful decisions by a master hand, and many see existing segregation as a self-sorting or poverty problem. Among the injustices faced...

Smartphones have taken up our lives by a storm. Be it for business, relationships, transportation, or healthcare, we will face a handicap without these devices. India is one of the largest smartphone users in the world. With the rise of the digital revolution, AI, and an increasing number of apps, the demand for smartphones...

The earth has warmed by more than a degree Celsius since the 19th century. While this may sound an insignificant rise in temperature, it can cause magnanimous changes in living conditions. A United Nations (UN) report has listed the consequences of temperature rise in global warming from 1.5 to 2 degree Celsius. Status of Arctic...

The theme of Globalization 4.0 at this year’s World Economic Forum meeting in Davos brought together the current digital revolution and its growing integration among people, companies and governments. Innovation combined with a society mobilized for action is the path to solving global challenges, including climate change. However, this issue is complex and multi-layered. Because...

As the World Economic Forum Annual Meeting 2019 came to an end on Friday after five days of brainstorming by over 3,000 leaders across hundreds of sessions, the organisers said the event this year made an impact on the world in as many as 25 ways. 1. The WEF listed Prime Minister Shinzo Abe of...

PepsiCo’s ‘Change the Game’ campus challenge invited millennials to share innovative business ideas for sustainable plastic packaging and recycling, in line with the company’s Performance with Purpose vision. The India winners, Tushar Vishnoi and Utkarsh Garg from IMT Ghaziabad, went on to compete with winners from other regions at the final round in Dubai and...

The world is becoming more socially and environmentally conscious. The people are willing to make some changes in the way they live, travel and invest, to reduce the damage they cause to the environment or society. This shift was observed profoundly in 2007 when the European Investment Bank issued its first green bond, a...

About half of all the food produced in the world ends up in the trash, accounting for about 60 million tons of food. Applying circular thinking to food waste in conjunction with construction waste could mean pouring less produce into landfills while simultaneously making building materials that are recyclable to keep construction waste out...

Microsoft's Indian-origin CEO Satya Nadella will be among the co-chairs of the 2019 edition of the ongoing World Economic Forum in Davos, Switzerland. Indians at Davos 2019 There will be a total of 130 Indians at Davos 2019, more than China’s 109. Madhya Pradesh Chief Minister Kamal Nath, Union Commerce & Industry Minister Suresh Prabhu, Andhra...

CSR is gaining more and more importance in the business world. The companies with a good CSR strategy in place have a distinct competitive advantage. Consumers prefer products and services by socially responsible organisations even at a higher price. The companies have started to have CSR budgets to leverage this trend. However, many times...