MONDAY, 7 SEPTEMBER 2026
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Has the utopia of tech capitalism gone wrong?

Indian YouTuber Ishan Sharma made an X post calling San Francisco often hailed as the tech hub of the USA ““ ”the most unsafe place” he has been to. With the post, he shared a video showing a few individuals sprawled across sidewalks, one appearing incapacitated, struggling to hold himself upright.“This is San Francisco,” Sharma wrote. “The tech capital of America. Home to the world’s brightest minds and the biggest tech companies. Half of the streets are filled with homeless, mentally unstable, high on drugs or a combination of all, gun violence and car break-ins are so common. Theft at an all time high. Zombie-like people walking on the streets.” He also asked, “It is the utopia of tech capitalism gone wrong. Why can’t this be fixed? Fed up with these vices and driven into loneliness, many in the West are now turning towards Hindu culture. In countries like England, Germany, and Russia, there is a growing fascination with it.


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Bank deposits are proving to be a reliable support

DATTAPRASAD SHIRODKAR, Mumbai
Published Dec 5, 2024, 8:24 PM IST
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Since October, the ongoing decline in the stock market has resulted in investors losing Rs 47 lakh crore in wealth. On September 27, the total market capitalization of companies in the market was Rs 477.90 lakh crore, which has now reduced to Rs 430.60 lakh crore. Increasing uncertainty and apprehension in the market have driven investors back to banks. According to data released by the RBI, deposits in banks surged to Rs2.35 lakh crore in the second fortnight of October.…

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