Innovation

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India Must Build Its Growth Story Around Innovation

Innovation worries us. At one level, many perceive it as a threat to their jobs and, in fact, to their way of thinking and behaving. It challenges what they are used to. At another and more profound level, there is genuine fear of failure. After all, not all innovations succeed. Indeed, most fail. A combination of the above is often the reason why governments and institutions are usually averse to innovation and thus, change.

How Chatbots Are Spelling Out The Future Of Messenger Apps

Chatbots are AI-driven computer virtual chat agents that interact with users by mimicking human conversations; they are deployed in messenger apps where they solve textual queries initiated by end-users. Research indicates that people are using messaging apps more than social media, so there is vast scope of success for chatbots. There is even a significant rise in the use of messaging apps to strike up conversations with potential businesses or consumers -- a phenomenon called conversational commerce.

Why The Indian Legal Industry Must Get Out Of Its Rut

Why is the legal industry so costly, so forbidding, so adversarial, so inaccessible and so out of step with the times? I believe our inability to lead big change has less to do with the fundamental capability of lawyers, and more to do with systemic principles upon which the legal industry is built and the mindsets lawyers are trained to have.
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Can Big Tech Still Innovate?

In an era where unicorns are the flavour of the day and every business wants to be the "next Uber of its category", how can large technology firms, catering to a mass base of enterprise and consumers, claim the innovation mantle? And beyond that lies the larger question -- is the trade-off between growth and innovation always a losing one?
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Podcast: The Innovative Recipes and Exotic Ingredients of Upvas Food

Fasting - whether the reasons are medical, spiritual or even political - goes back centuries. Some fasts are absolute, where you can't eat, sometimes even drink, anything, while some type of fasts restrict what ingredients you can consume. For a practice that is so closely connected with food, its ingredients and their cooking, it might be surprising that fasting is generally not associated with the culinary world. But is it really so disconnected from the world of food?
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A Question For Narayana Murthy: Why Aren't Indian Companies Innovating?

Narayana Murthy, the doyen of Indian IT, drew both praise and criticism for his address to the graduating students of the Indian Institute of Science (IISc), in which he correctly pointed out that Indian universities have not produced any "earth-shaking" inventions in 60 years. But we can also question Infosys, TCS and other computer companies which employ some of the best students from Indian universities. Why have no great inventions or original products come from them?

A Case For Legal Innovations

Our lives are crying out loud for making our legal system easily understandable for citizens and having better awareness about ways in which we can avoid getting into disputes. There is a strong requirement for simplifying laws that affect us and how we make use of them.

Innovation Key To Making India A Global Competitor

Although numerous efforts have been made by the government to boost innovation and entrepreneurship in India, there is a lack of institutional framework for the effective implementation of such reforms. According to the World Bank, India ranks 158th on "ease of starting a business" out of 189 economies. These rankings are very discouraging and mean that many bright ideas don't see the light of day.