To understand the business tax provisions in the Trump tax proposals, begin with F. Scott Fitzgerald’s insight that the rich are different from you and me — they have more money. In particular, they have more capital. (Ever polite, economists call piles of money that have been invested “capital.”) Business tax reform really is an exercise in how we should tax Read More

FILE – In this Aug. 29, 2017, aerial photo, floodwaters from Tropical Storm Harvey surround an apartment complex in Houston. The same technology that connected students and teachers in the aftermath of hurricanes Harvey and Irma is easing their transition back to class. That technology includes smartphone exchanges, social media, messaging apps and websites. (Brett Coomer/Houston Chronicle via AP, File) Read More

Artificial intelligence (AI) and machine learning are revolutionizing technology all around the world. Both are pivotal in shaping most of the forthcoming innovations in every possible field.  AI, in layman terms, makes machines perform complex tasks, associated with human minds, in a smart manner. Machine learning makes computers (machine) analyse and solve problems by teaching it basic logic and making Read More

Spread across 12 acres, Piramal Revanta is being built at an investment of Rs1,800 crore. Mumbai: Piramal Realty on Tuesday said it has agreed to buy a 3.2 acre land from Mumbai-based real estate developer Nirmal Lifestyle Ltd for Rs153 crore. The land is located, adjacent to Piramal Revanta—a residential project currently being developed by Piramal Realty at Mulund area in Read More

Anant Agarwal is a professor at the Massachusetts Institute of Technology and the CEO of edX, the online learning destination founded by Harvard and MIT. The ways in which the nature of work is changing beyond our control necessitate a more flexible education system, with “students” no longer being defined just as 18-to-22-year-olds on college campuses. In this era of Netflix subscriptions Read More

Volunteers in Lancashire take part in a conservation project run by the Wildlife Trusts. Photograph: Alan Wright/Wildlife Trusts Volunteers on wildlife projects benefit from a big boost to their mental health, according to new research. It advances the idea that nature could be widely prescribed by doctors as a therapy, which its supporters say would ease the burden on the NHS. Read More

Sum of parts: WeWork, started by Miguel McKelvey (in photo) and Adam Neumann, was valued at $20 bn, catering to entrepreneurs, freelancers, artists and small businesses . New York-based start-up sets its eyes on the Indian market, starting with its Bengaluru facility Flanked by retail stores, food outlets and restaurants in the heart of Bengaluru is the ‘WeWork Galaxy’ building Read More

shutterstock.comSeason in the sun Nalanda University of old University towns, typically, nurture an environment of ideas. Unfortunately, this doesn’t seem to be happening in India As India continues with the twin tasks of building universities and developing urban centres the links that are emerging between the two are worth pondering over. There is a strong tendency for universities to gravitate Read More

Banks’ share in new credit fell in FY17, as corporate bond issuances rose 56% and NBFCs lent more With the banks busy chipping away at their mountain of bad loans and operating on precarious levels of capital, who will fund the credit needs of Indian businesses? Reserve Bank of India’s recently released annual report for 2016-17 shows that many new Read More

Researchers say there is evidence to suggest that level of wisdom is dictated to a large degree by neurobiology, and that distinct regions and systems in the brain govern the identified components of wisdom.(Shutterstock) Researchers from the University of California San Diego School of Medicine have developed a new tool to assess an individual’s level of wisdom. Called the San Read More