BCG newsletter based on a survey: “Forty-three percent of consumers said they feel overwhelmed by information, and more than half don’t fully trust any single source. Instead, they increasingly rely on a small circle of experts, friends and family, and—somewhat surprisingly—AI, which is now the second most trusted source of information, after experts. Brands, notably, control none of the sources people trust most.”
NYTimes: “The Delhi Metro is a global model. In March, the completion of a new line made Delhi’s subway system longer than New York City’s, for a total cost of roughly $10 billion — less than New York spent to build a 3.5-mile tunnel…Delhi is one of the most densely populated cities in the world. The subway had to snake through packed residential areas, busy markets, slums and some of India’s most iconic and ancient monuments. Unlike London, New York and Tokyo, where subways have developed alongside city infrastructure for a century or more, the Delhi Metro was constructed from scratch in an already-bustling city.”
David Booth: “The book is not about how to invest; it’s about how to think about investing. There’s a lot of anxiety right now, but if people better understood how public markets work, they’d be far more likely to invest and stay invested. If there were no uncertainty, there’d be no risk, and all investments would yield the exact same riskless return. Uncertainty creates the opportunity…Today, if you get the market return, you’ve done about as well as the pros. That’s a miracle, I think. We ought to have a ticker-tape parade for that kind of conclusion.”
Business Standard: “India’s e-commerce sector is projected to grow nearly three times to $345 billion by 2030 from $125 billion in 2024, propelled by the rapid expansion of quick commerce and artificial intelligence (AI) integration, according to a report…’Smart Growth in a Fast Market’ by research consultancy Infisum. [T]he market is expected to grow at a compound annual growth rate (CAGR) of 18.4 per cent through 2030. The report highlights that the country’s dark store network is set to nearly triple from 2,525 in 2025 to approximately 7,500 by 2030 to meet the surging demand for rapid deliveries.”
