Making India an easier place to do business, reversing the return in recent years of protectionist tariffs, allowing Indian tourists more freedom to use UPI overseas without having to bother about the taxman, and deepening domestic financial markets will all yield bigger gains than promoting the local currency abroad with bilateral agreements and photo-ops
In recent weeks, global businesses have rushed to cease operations in Russia. But for venture firms that have accepted funds from Russian investors, cutting ties is a thornier imperative.
Kremlin-Backed Sberbank Outstrips Oil Giants To Become Russiaâs Top Public Company
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Friends in high places. Sberbank CEO Herman Greg and Russian President Vladimir Putin attend an A.I. conference, 2020.
Alexei Nikolsky/TASS
Forbes Global 2000 list, the top five were in oil and gas, with Gazprom ranking at number one. This year, the tides have shifted: Gazprom has slid to the fourth most powerful of Russiaâs ranking companies, and a bank has done what last year seemed to be impossible, with Moscow-based Sberbankâalso known as Sberâoutranking all of its Russian oil and gas peers.
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Last year, it seemed that nothing could stop Russia’s oil and gas giants. Of the Russian public companies that made last year’s Forbes Global 2000 list, the top five were in oil and gas, with Gazprom ranking at number one. This year, the tides have shifted: Gazprom has slid to the fourth most powerful of Russia’s ranking companies, and a bank has done what last year seemed to be impossible, with Moscow-based Sberbank also known as Sber outranking all of its Russian oil and gas peers.
Let s face it, the computer that this column is written on is largely a machine that is a massive upgrade from the Underwood typewriter I began my journalism career on, and that typewriter was a big upgrade from the days of pen and paper and hot lead typesetting in the newspaper business. So turning to machines is not new. What is new is turning to machines which have a level of artificial intelligence, although even that is now a decades old evolution. Assembly line production has relied on computer-controlled machines for years, and those can be considered early A.I. machines of a fashion.