Butchibabu Gorantla, FCA,FCS

860 Added | 3 Magazines | 69 Likes | 27 Following | 26 Followers | @ButchibabuG | Chartered Accountant and Chartered Secretary

Big pharma turns to AI to speed drug discovery, GSK signs deal

LONDON (Reuters) - The world's leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new medicines, with GlaxoSmithKline unveiling a new $43 million deal in the field on Sunday.<p>Other pharmaceutical giants including Merck & Co, Johnson & …

Artificial Intelligence

RBI report shows Raghuram Rajan’s 'Swachh Banks' mission is working - Firstpost

The Reserve Bank of India’s (RBI) financial stability report (FSR) is a timely reminder to the Narendra Modi government about the critical nature of …

India

5 'Soft' Skills You Need to Succeed in Business | Inc.com

<i>This story first appeared on The Muse, a Web destination with exciting job opportunities and expert career advice.</i><p>When it comes to to succeeding in the workplace, a college degree isn't necessarily enough. Nor is years of experience on the job.<p>That's because the most in-demand skills that employers …

Emotional Intelligence

Can You Guess the U.S. State With the Highest Taxes? (Hint: It's Not California.)

If you live and work in the U.S., you're probably aware that taxes are simply a part of life. But the amount you ultimately pay isn't just based on how much you earn; it's also based on where you reside.<p>While California tends to get a bad rap when it comes to local taxes, it's actually not even …

Disney CEO: U.S. taxes are 'too high' and 'ridiculously complex'

Disney CEO Bob Iger thinks companies -- including his -- are simply paying too much in tax to Uncle Sam.<p>Iger told CNNMoney on Thursday that high corporate tax rates in the U.S. are "anti-competitive," and described the country's tax system as "ridiculously complex."<p>"It doesn't mean that a company …

Media Industry

How Rwanda Turned a Toxic Menace Into a Source of Power

Lake Kivu, straddling the borders of Rwanda and the Democratic Republic of Congo, offers a landscape of extraordinary beauty, framed by towering …

Africa

The Indian Education Context is Completely Different from the US Education Context

At LaTICE 2016, I attended a session on teacher professional development. I work at preparing high school CS teachers. I felt like I’d be able to …

Education

Central banks may do more harm than good, says head of India’s central bank

Raghuram Rajan, governor of the Reserve Bank of India, has been leery of the unconventional monetary policy tools used by central banks since the …

Economics

7 tax strategies the rich don't want you to know

Charlie Crowhurst / Stringer / Getty Images<p>You work hard for your money but, unfortunately, Uncle Sam takes a bite out of every paycheck for income and other taxes. And if you’re in the middle class, you probably think that bite is a little bit too big.<p>According to a 2015 Gallup poll, nearly half …

Retirement

Law firm Mossack Fonseca's Panama headquarters raided

<b>(CNN) —</b> Panamanian authorities raided the global headquarters of Mossack Fonseca, the law firm at the center of a massive documents leak scandal.<p>The objective of the raid Tuesday in Panama City was to look for documents "related to news reports establishing the possible use of the firm for illegal …

Corruption

IMF warns of fresh financial crisis

The International Monetary Fund has highlighted risks of a new financial crisis, warning that global output could be cut by 4% over the next five years by a repeat of the market mayhem witnessed during the 2008-09 recession.<p>The IMF used its half-yearly global financial stability report to call for …

Economics

Bank Whistleblower Believes CIA Is Behind the Panama Papers Leak

A former Swiss banker believes that the CIA is responsible for leaking the Panama Papers.<p>Bradley Birkenfeld, who CNBC describes as “the most …

Corruption

Exclusive: Janet Yellen Talks Transforming the Fed

You don’t often hear central bankers say, “I don’t know.” That’s because monetary wizards, like brain surgeons and rocket scientists, tend to …

Economics

Verizon Workers Strike in Largest Labor Action in Years

Thousands of telecommunications workers from Massachusetts to Virginia went on strike Wednesday at Verizon, saying they could not accept the …

New Jersey

IMF warns of 'increasingly fragile' global growth

The prospects for the world economy this year are getting gloomier.<p>The International Monetary Fund has taken a knife to its forecasts for global growth again, warning that momentum is "ever-slowing and increasingly fragile."<p>For this year, the fund now expects worldwide growth of 3.2%, down from the …

Economics

This Is Puerto Rico's Latest Plan to Reduce its Debt

Puerto Rico on Monday unveiled a revised restructuring proposal that would cut its debt more modestly, offering general obligation holders about 74 …

Caribbean

Here's Why India Is About to Become the World's Most Important Economy

China’s days as the globe’s most exciting economy are numbered.<p>That’s because while China’s workforce has already begun to shrink, in part as a …

Economy

The #1 Way To Have a Happier, Longer Life

Who wants to live a happy, healthy, long life? Yeah, everybody. Turns out an incredible amount of scientific evidence points to one simple …

Happiness

How I Lowered the Taxes on My Retirement Income

By using deductions and exemptions, this early retiree kept his effective tax rate low.<p>On <i>April Fool’s Day</i> I completed and filed my returns for the …

Retirement

Panama Papers: Rich and powerful respond to claims they hid billions offshore

Elected leaders and top officials from around the world are responding with denials and outrage to allegations that they used secret offshore companies and accounts to hide billions of dollars.<p>The media reports, based on a massive leak of documents, allege the existence of a clandestine network …

Corruption

Panama Papers Expose Celebs, Politicians, Billionaires With Offshore Tax Havens Despite FATCA

The Panama Papers–the biggest leak of financial data in history–has blown the lid off offshore tax havens, again. This time, those in the limelight include twelve current or former world leaders, many celebrities, and wealthy persons who are using offshore tax havens to hide their wealth. In scope, …

Finance

10 TED Talks to Inspire the Stressed and Lonely Entrepreneur

A researcher who studies human connection, Brene Brown did a TED talk in 2010 about her findings in the areas of vulnerability. When it went crazy …

Public Speaking

9 Motivational Videos to Help You Succeed in Business and Life

Can a few minutes of watching change your life? These deeply inspirational videos just might.<p>There are videos that energize us, inspire us, and motivate us to do great things. Then there are the very few that do all of that--and touch us so deeply that we wind up watching them over and over. We …

Motivation

7 Habits That All Great Leaders Have | Inc.com

There's the popular image of great leaders involving lots of stern-faced seriousness and pointing confidently into the future, and then there's real-life great leadership. According to a host of experts, the two often look nothing alike.<p>The charismatic and ever-confident giver of rousing speeches …

Leadership

This isn’t China: The “Amazon of India” will be Amazon and “Uber of India” will be Uber

I was at a conference the other day, speaking on a panel with VCs and angels, when we were asked a question: With the softening of valuations and the famous Flipkart markdown, is there still a large internet opportunity in India?<p>My friend and co-panelist from a large VC fund jumped up and trotted …

Market Cap

How $15 Billion in Corporate Taxes Disappeared, and Left All of Us Holding the Bag

When Congress lets big corporations and rich individuals pay less than the law says they owe, they subtly shift the burden of supporting our …

Nine Reasons Dubai Could Be The Most Important City Of The 21st Century

Some cities seem to encapsulate a particular moment in time. Dubai, right now, seems to represent three moments, one more important than the other two. First, one of the last gasps of the oil culture; second, the rise of business as a way to govern society. And third, and most significantly, the …

Income Tax

Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era: Deputy Crown Prince

Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized …

Saudi Arabia

Citi: Technology Could Cost Two Million Bank Employees Their Jobs

The financial crisis was bad for banking jobs. The rise of “fintech” could be worse. A new report by Citigroup Inc. forecasts retail banking automation could spur a 30% decline in banking jobs across the U.S. and Europe over the next decade. That would be the equivalent of eliminating nearly 2 …

Dow Jones