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Business Standard
3 days ago
- Business
- Business Standard
India can spearhead a new era of resilient, equitable, and sustainable commerce: Rajesh Agrawal, Ministry of Commerce & Industry
India is uniquely poised as a trusted global partner, a large and growing market, and a capable producer to lead the effort in building resilient, reliable, and diversified supply chains for the world. This is the time for India, and we must seize the opportunity" stated Mr Rajesh Agrawal, Special Secretary, Ministry of Commerce & Industry, Government of India at the Annual General Meeting and Annual Business Summit 2025. Mr Agrawal further stated that trade and geopolitics have historically been intertwined, but the emerging global disorder marked by over-concentrated supply chains, rising unpredictability, and the weaponization of markets is compelling businesses to rethink resilience and diversification. In this context, he underscored Indias unique value proposition as both a trusted partner and a growing market economy. Mr Agrawal highlighted that Indias democratic institutions, strategic autonomy, and rising credibility have positioned it as a reliable anchor amidst global turbulence. As the world looks to de-risk supply chains, India offers a compelling alternative, not just as a manufacturing hub, but as a long-term partner for innovation, investment, and inclusive growth. Indias ability to lead the next phase of global trade lies in its capacity to adapt, innovate, and deliver at scale. With the right policy support and industry commitment, the country can spearhead a new era of resilient, equitable, and sustainable commerce. He urged Indian industry to step up and build future-ready capacities that align with global needs, underscoring the private sectors critical role in realising the vision of Viksit Bharat @2047.
Yahoo
4 days ago
- Business
- Yahoo
Marvell Technology (NasdaqGS:MRVL) Expands AI Packaging with Innovative Multi-Die Solution
Marvell Technology recently launched a multi-die packaging solution aimed at enhancing AI infrastructure, which has been well-received and demonstrated the company's commitment to innovation. Over the past month, the company's stock price increased by 10.03%, potentially influenced by this development. Additionally, Marvell's partnership with NVIDIA on NVLink Fusion Technology could have supported this upward move. While the broader tech sector also saw gains partly due to strong performance from Nvidia, Marvell's advancements in AI and strategic collaborations seem to have significantly bolstered investor confidence during this period. We've spotted 1 risk for Marvell Technology you should be aware of. Find companies with promising cash flow potential yet trading below their fair value. Marvell Technology's recent initiatives, particularly its multi-die packaging solution and strategic collaboration with NVIDIA, align with the company's ambitions to boost its AI infrastructure capabilities. These developments could enhance revenue as strong AI demand drives growth, potentially surpassing its AI revenue target of $2.5 billion in fiscal 2026. Analysts project Marvell's earnings may reach US$2.6 billion by 2028, significantly impacting longer-term valuation estimates. These initiatives may bolster Marvell's earnings forecasts as the company anticipates efficiency improvements through technological advancements, like cutting power consumption in optical modules by 20%. Over the past five years, Marvell's total return, including share price and dividends, was 83.64%, a substantial gain over this period despite market volatility. This performance provides context to the recent 10.03% share price increase, highlighting strong investor sentiment in light of current developments. However, over the past year, Marvell's performance lagged behind the US Semiconductor industry, which experienced a 9.1% return, indicating room for improvement. The current share price of $61.22 remains significantly below the consensus price target of $95.43, suggesting potential upside if future growth prospects materialize as forecasted. Despite some analysts' disagreement, the consensus target reflects anticipated growth in revenue and earnings, assuming a future PE ratio of 44.7x. As Marvell continues to address challenges, such as heavy reliance on data center revenue and customer dependency, the effectiveness of these technological innovations can play a pivotal role in navigating future market dynamics. Navigate through the intricacies of Marvell Technology with our comprehensive balance sheet health report here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:MRVL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Scoop
4 days ago
- Business
- Scoop
Real Cost Of Disasters Is 10 Times Higher Than Previously Thought, Says UN
As countries face increasingly steep bills from natural hazards, the true cost of disasters is actually 10 times higher than previously estimated, with far-reaching effects across healthcare, housing, education and employment. 27 May 2025 That's according to a report released Tuesday by the UN's disaster risk reduction agency, UNDRR. While current estimates suggest the global economic impact of natural emergencies – such as earthquakes, landslides and floods – amounts to around $200 billion annually, this figure represents ' only a fraction of the real costs,' said Jenty Kirsch-Wood, head of global risk analysis for UNDRR. The true cost is closer to $2.3 trillion, she added, warning that the world has been ' chronically underestimating and undermeasuring the impact of disasters ' on sustainable development progress. Catastrophic floods A person born in 1990 has a 63 per cent chance of experiencing a once-in-a-century catastrophic flood in their lifetime. For a child born in 2025, that probability rises to 86 per cent. 'Those events are affecting us all,' said Ms. Kirsch-Wood. The cost of extreme weather is not measured solely in destroyed infrastructure, but also in lost years of health, education and opportunity. Unsustainable humanitarian response Healthcare, education, and employment are increasingly disrupted by emergencies, leading to higher national debt and slower recovery – particularly in already vulnerable countries. This has contributed to 'an unsustainable and unsupportable humanitarian response,' Ms. Kirsch-Wood added, as nations grapple with increasingly frequent and severe climate shocks. Losses have doubled According to UNDRR, financial losses from disasters have doubled in the past two decades. The agency's new report outlines how the international community can collaborate to make sustainable investments that build resilience to future disasters and ease pressure on public finances. Most of the damage caused by climate-related events is preventable, Ms. Kirsch-Wood stressed. The challenge ahead, she said, is to 'better align our financing systems' and 'use public and private investment to make sure that we're optimally reducing the burden on governments.' Nearly 240 million people were internally displaced by disasters between 2014 and 2023. China and the Philippines each reported over 40 million displaced persons, while India, Bangladesh and Pakistan saw numbers ranging from 10 to 30 million. The steep costs associated with climate events – and the debt they generate – disproportionately affect developing countries and vulnerable populations. Vulnerable hardest-hit In 2023, North America recorded $69.57 billion in direct disaster-related losses – more than any other region – but this amounted to just 0.23 per cent of its Gross Domestic Product (GDP). By contrast, Micronesia incurred only $4.3 billion in losses, but this represented a staggering 46.1 per cent of its GDP. The UNDRR report 'shows the eye-watering losses inflicted by disasters today, which hit vulnerable people the hardest… and it demonstrates that, on our current trajectory, costs will continue to mount as the climate crisis worsens,' said UN Secretary-General António Guterres. 'But it also illustrates that, by boosting and sustaining investment in disaster risk reduction and prevention, we can slow that trend and reap economic benefits – saving lives and livelihoods while driving growth and prosperity to help reach our Sustainable Development Goals.' Private sector role Proven tools – such as flood protection infrastructure and early warning systems – can help the worst-affected nations curb the rising costs of climate-related disasters. Increased investment in risk reduction and resilience can reverse current trends, said the head of UNDRR, Special Representative Kamal Kishore, citing the example of protection from overflowing rivers. 'When riverbank communities have access to scientific tools for land use planning, resources for building flood protection systems, and early warning systems, they not only reduce damages and losses from floods, but also create conditions for prosperity and sustainable growth in their communities,' he said. The private sector, UNDRR emphasised, must also step up to 'fill the protection gap that leaves many countries in a worsening spiral of repeated disasters.'
India Today
5 days ago
- Business
- India Today
New IIT Delhi curriculum focuses on AI, sustainability, lighter student workload
After 12 long years, IIT Delhi has finally overhauled its BTech curriculum -- and it's a big change. The aim? To reduce student stress and align better with what the industry actually wants, especially with fast-moving fields like AI and changes come after two years of planning and feedback from students, faculty, and alumni. Starting 2025, first-year students will have fewer core subjects per semester, lighter academic load, and smaller class sizes -- 150 students instead of means more personal attention and less stress, especially during the adjustment-heavy first now have more freedom to shape their academic path. A new honours option has been added to the BTech degree, and undergrads can even petition to convert to an integrated MTech programme by the end of their third year --finishing both degrees in just five LEARNING, AI TRAINING AND SUSTAINABILITYThere's a stronger push towards 'learning by doing.' Internships, hands-on projects, and team activities are now core parts of the new student will be trained to use AI tools responsibly and ethically. Programming courses will include AI-based code generators, and all graduates will receive basic training in Delhi's curriculum revamp committee studied top global and Indian institutions including MIT, Stanford, Cambridge, and other IITs before finalising the changes. The result? A curriculum designed to be more future-ready without burning out students.(With PTI inputs) advertisement
Hindustan Times
26-05-2025
- Business
- Hindustan Times
LIGNA-X: A Framework to Translate Strategy into Execution
In the realm of business transformation, the gap between strategy and execution can be a big challenge. LIGNA-X, developed by Vaibhav Kesharwani, offers a structured framework to address this. Representing Lead, Integrate, Govern, Navigate, Align and Execute, LIGNA-X aims to simplifyexecution challenges into practical components. LIGNA-X: Six Levers for Strategic Execution Execution often begins with leadership. Leaders can define strategic ambition and model expectedbehaviors. Building commitment across functions and communicating the 'why' behind strategic choices can be beneficial. Strategies may face difficulties when departments pursue isolated goals. Integrating functional priorities, technology platforms, and timelines can help align execution. Governance can provide structure. This may include structured review cadences, performance dashboards, escalation paths, and a PMO to monitor and course-correct. The business landscape can change. Organisations may benefit from building feedback loops that capture internal and external data, to help leaders adjust actions based on market dynamics. Execution can require alignment between ambition and capability. This may include defining KPIs, clarifying roles and responsibilities, and investing in supporting skills. At this stage, plans are put into action. Agile tools, digital trackers, frontline accountability, and transparent recognition systems can help maintain progress and measure impact. LIGNA-X is designed to be both strategic and operational. It provides a pragmatic path to execution and has been applied in transformations. LIGNA-X aims to support convergence of vision, agility, and execution. LIGNA-X Lever Organizational Tasks Lead Define ambition, create leadership rituals, build buy-in Integrate Map interdependence, unify tech and project views Govern Set governance rhythms, enable escalation matrices Navigate Build real-time data systems, develop war rooms Align Cascade strategy into KPIs, align roles, build capabilities Execute Deploy agile methods, track progress, close feedback loops As disruption increases and stakeholder expectations evolve, the impact of unexecuted strategies can grow. Strategies that are not implemented may lead to wasted resources and a potential erosion of trust and competitive advantage. LIGNA-X offers a cohesive and actionable roadmap for organisations to make strategy delivery a competence. It encourages leaders to consider questions like: Are we structured to deliver? Do we review execution as thoroughly as we discuss vision?Ultimately, strategic success involves imagination as well as implementation. Author : Vaibhav Kesharwani (Execution Strategist & Thought Leader), a recognised speaker on strategic execution and growth. LinkedIn : Contact Number : 7738069719
