Leadership Mantras of Dipali Goenka, the impact of heat stresses on inflation, and Keeway V302C review are some of the stories that piqued the interest of our readers this week
1) Building WPL
15 years since BCCI launched the Indian Premier League and changed the course of the gentlemen's game, the Women's Premier League has finally seen the light of the day and five teams are competing to lift the maiden trophy by the end of this month. BCCI sold five franchises for a cumulative Rs 4,669.99 crore. The regulatory body also pocketed Rs 951 crore in broadcasting rights for the next five years. Opening batter Smriti Mandhana emerged as the most expensive pick, earning a Rs 3.4 crore bid from Royal Challengers Bangalore. While the astronomical numbers make for great headlines, what sort of business rationale are the franchises driven by? Let's find out.
2) Summer of inflation
If you ask India Meteorological Department, they will tell you that last month was the warmest February since 1877, with average maximum temperatures touching 29.54 degrees Celsius. This is just the beginning of a hot summer with the growing possibility of an El Nino condition. Vicious cycles of heat waves and unseasonal rains are threatening to increase food prices, create short-term spikes in power prices and overall derail the rural economy recovery. Experts believe that these heat stresses will impact inflation and severely hit the fiscal buffer of the country. Here's why they are calling for a policy response. Read here
3) A world of good
Vita and Jalaj Dani's philanthropy story is pretty straightforward. They went to their roots in Kapadvanj of Kheda district in Gujarat. They relied heavily on collaborations and partnerships with projects that were already making progress to provide affordable education to the people of the small village—why reinvent the wheel when going local offers more benefits? The Danis want to create self-sustaining communities. That's why the focus is on constructive philanthropy—empowering individuals and communities through transformative actions like holistic learning, promoting well-being like physical literacy and sports, and more. Read here