Category: General Topics

April 04, 2020:…Abhinav Ramnarayan interacts with the students and faculty on the challenge of financial reportage in times of global crisis.

VENI – The Ideas Place at Krea University launched its first digital edition for the students of SIAS (School of Interwoven Arts and Sciences) and IFMR GSB (Graduate School of Business) as part of the talk series “Where Creativity meets Critical Thinking.”

In a session titled ‘Now and Then,’ London-based Abhinav Ramnarayan, Capital Markets Correspondent, Reuters, talked to Krea students and faculty about the similarities and disparities between the global financial crisis of 2008 and the crisis induced by the Covid-19 outbreak on capital markets today.

Abhinav recalled his rookie days as a financial journalist in the UK, how he joined The Guardian a day after the collapse of Lehman Brothers in 2008. Twelve years later, he is no stranger to capital markets and the British banking sector. Governments and policy makers in Europe have been quick to react today to the Covid crisis, but that wasn’t the case in 2008, he said.

Abhinav also provided an in-depth commentary on the existing economic landscape, Italian government bonds, the woes of the healthcare sector in the midst of the pandemic, the future of the EU, Brexit and India’s response to the crisis. He spoke of surprises afforded by an unpredictable stock market, pet care industry stocks, for instance, soaring like never before.

On a more sobering note, he said, “In a sense, the world has changed forever. There is an emotional toll to reporting today, more so than in 2008. People are dying.” He himself is learning how to cope. “Take a break during the day and read that book. Listen to music as you go to grab a sandwich for lunch. Switching off for a while makes a huge difference.”

Abhinav identified his own style of lifelong learning through various streams of knowledge, something he said resonates with Krea University’s model of interwoven learning. He explained how a love of reading during his early days in literary studies has stood him in good stead as a finance journalist specialising in a niche area today. Abhinav emphasised having a nose for a story – implying both the power and depth of effective storytelling and the need for stories to translate to a wider audience. Even an article on corporate bonds must be carefully researched and constructed as a narrative with a beginning, middle and end, he said.

Coming back to the post-Covid present, Abhinav offered some hope despite an unpredictable future and the possibility of a “W” shaped recovery. “The underlying systems are strong and so recovery may be faster as compared to 2008. Business as usual may be tough, but I can see that the world is moving towards being more environmentally conscious.”

The session was hosted by Dr. Akhila Ramnarayan, Divisional Chair of Literature and Arts at Krea and curator of programming at VENI, and moderated by Dr. Kalyan Chakrabarti, Assistant Professor of Biological Sciences and Chemistry.

With its first digital edition, VENI- The Ideas Place is re-imagining the confluence of different knowledge streams, opening up a new chapter of global commentary with voices spanning the globe.

Click here to watch the full session

April 08, 2020:…We witnessed one of the most important narratives of the new reality, as Dr.Raghuram Rajan interacted with the Krea community on the world beyond COVID-19.

What lies in the future? Where do we go from here? What are the numerous possible scenarios? Are these the right questions to ask?

Guiding us as we sought these answers, Dr.Raghuram Rajan addressed the students, faculty and staff at Krea University on the unprecedented challenge of COVID-19 combined with the task that lies ahead. The narrative traversed over the role of an individual, nation and the entire world in confronting the crisis.

Speaking to the Krea community who have been away from the campus since the lockdown yet actively adapting to the new expressions in learning, Dr.Rajan spoke about the importance of lockdown, it’s effect on bending the curve, need for ramping up the healthcare systems and urgency to test, track and quarantine.

Tracing the segmented journey of the virus from disrupting China, its movement into industrial economies, and into emerging markets, Dr. Rajan firmly called upon the need to place collective societal incentives over individual suffering. He stressed on the need for countries to stand together and help each other, repairing globalization.

When asked about India’s response in the wider economic context, Dr. Rajan recommended, “Prioritize and focus on the poor and needy.”

He suggested targeting resources to aid viable MSMEs while also supporting sustenance of larger firms in turn preventing possible mass unemployment in the near future. Observing the needs for major economic reforms in the country, debt targets and fiscal councils being among them, Dr. Rajan emphasised, “We should spend to keep people safe, on necessary healthcare and shrink unnecessary expenditure while putting in place stronger systems.”

Responding to a curious student’s query on whether life in higher education would ever return to normal, Dr.Rajan expressed, that though human interaction is immensely valuable, these times have helped us re-imagine education beyond the walls of the classrooms. He felt that the new modules have brought into action the fabled ‘inversion of classroom’, flipping the design of conventional learning. While traditional education encourages classroom lectures and promotes assignments to be done at home. Here, the knowledge lessons have moved to homes where students can learn at their own pace and prep themselves. This assists them in going back to the classrooms and practicing the concepts with a deeper understanding, through debates and discussions.

Speaking to hundreds of students logged in from across geographies, Dr. Rajan concluded with this remark in optimism. “We have been able to adapt to what the world has thrown at us. Let’s count our blessings and once we get back, cherish and rebuild friendships and also learn how great University life is.”

April 03, 2020:…In what will be the first of many, the Krea family had a virtual evening of engagement and thoughts titled – Weavenings.

“I wish it need not have happened in my time,” said Frodo. “So do I,” said Gandalf, “and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given to us.”

– J.R.R. Tolkien – The Fellowship of the Ring

Dr Akhila Ramnarayan, Divisional Chair of Literature and Arts at Krea, channelled her inner Frodo and ushered in buoyancy into the first session of Weavenings at Krea University. Times are unpredictable, but dialogue and sharing brings hope and optimism no matter what lies ahead. The evening saw immersive discussion, suggestions, learnings and even a mention of Sherlock Holmes! Even as the Krea community misses intense ideation, tea break conversations and healthy battles of wits afforded by face-to-face interaction in the physical realm, ‘Weavenings’ aims to bring us back together, albeit virtually. This effort was orchestrated by the Communications team at Krea, who will present fortnightly editions of Weavenings, knitting together various strands of the Krea fabric.

Dr. Sunder Ramaswamy, Vice-Chancellor, Krea University, introduced the session, remarking that when stepping into unpredictable times, a sense of community is paramount.

Punctuated with camaraderie, the ensuing discussion between Dr. Ramnarayan and Dr. John Mathew, Associate Professor of History of Science, Humanities & Social Sciences and Sciences, Krea University, explored how conversation can create community. Dr. Mathew took the audience, who signed in from various parts of the country, through episodes of historical crisis, connecting them to the pandemic wave of today.

“How do we react in times of uncertainty?” With this question, Dr. Mathew introduced the anthology Empires of Panic: Epidemics and Colonial Anxieties (edited by Robert Peckham, 2015) and discussed the origin of the Epidemic Act. Using historical instances such as the Spanish Flu and the Mumbai plague, Dr. Mathew offered clarity of perspective on the present pandemic and public reactions to it. Albert Camus’s modern-day classic The Plague (1947) has never seemed more relevant, he said.

“We have to invoke an expression of gratitude here. Our minds have been opened up to conversations we wouldn’t even have dreamt of having three months prior,” Dr. Mathew said.

Quoting the Tolkien passage above, Dr. Ramnarayan added,” Many things may divide us. But we should welcome differences, as they reflect how diverse we are. We need to find stories that bring us together at this time as we embrace our diversity. “Dr. Ramnarayan finished with a rendition of “I Sing of Change,” a poem of hope and resilience by Nigerian poet Niyi Osundare.

Prof. Anil Srinivasan, renowned classical pianist and Associate Professor of Practice at Krea University brought the virtual curtains down with rhythm and USA for Africa’s ‘We Are the World’ on his piano. The audience hummed and sang along knowing that even a dark tomorrow calls for hope, strength and esprit de corps.

Chennai, February 2, 2020:…Krea University launched its new initiative ‘VENI- The Ideas Place’ in Chennai.

VENI (which stands for Visualise Explore Nurture Interweave) will be a platform to stage discussions, dialogue and debate relevant to academia, industry and community, aimed towards sustainable impactful solutions for the future.

The launch event on 01 February 2020, titled “Interweaving Ideas: Where Creativity Meets Critical Thinking”, had three distinguished speakers — legal practitioner Arundhati Katju, economist Reuben Abraham and arts performer Jacob Boehme.

In her address on ‘

“Students, Freedom and the Constitution,” Arundhati Katju, who litigated the Section 377 case at the Supreme Court and the Delhi High Court, said that people can have multiple identities but everyone must be given full and equal citizenship rights. “The future of the Constitution is in the hands of India’s youth, who constitute 65% of the population.”

Reuben Abraham, CEO of IDFC Institute, a policy think tank, in his talk on “India Lives in Her Cities,” called into question “rural” and “urban” definitional categories.

“We think that we must take jobs to our people, but it is better to take people to jobs, and the jobs are available more in cities. If you take Maharastra, its GDP is about USD 500 billion but its capital Mumbai alone accounts for more than half of its GDP. New York alone is a USD 1.5 trillion economy. Tokyo’s economy is bigger than countries like Canada, Turkey, Iran. Around 70% of the world’s GDP comes just from 40 urban centres,” he pointed out.

Taking part in the interactive session, Jacob Boehme, an aboriginal artist, and activist from South Australia, spoke about “Arts and Activism in the 21st Century. “He said that the voice of aboriginals in mainstream discussions on social issues is still feeble and that puts them in a disadvantageous position.”

The event was attended by students, academia and members from the industry.

Dr Akhila Ramnarayan, Divisional Chair of Literature and Arts at Krea and curator of programming for Krea’s Chennai venue, articulated the vision of VENI, a meeting place for researchers, students, educators, practitioners, and industry professionals in which diverse strands of thinking interweave to generate impactful solutions and action. She shared the upcoming public events calendar of VENI, including talks, workshops, panels, film screenings, a book club, and conversation sessions.

The launch of VENI – The Ideas Place is a key initiative by Krea central to our interwoven learning approach, providing Krea faculty and students a means by which to interface with Chennai’s diverse constituencies”, she said.

Explaining the concept of interwoven learning at Krea, Dr. Sunder Ramaswamy, ViceChancellor, Krea University, said, “it is an approach that weaves together creativity and action, arts and sciences, theory and practice, Eastern and Western perspectives as also the learnings of the past with the readiness for the future.

“At Krea University, interwoven learning is beyond an academic concept. The theories are strongly internalised by immersive learning experiences of real-world projects. We bring together the arts with the sciences, we believe that even if you want to be a poet, you need to learn data science. Likewise, if you want to be a computer scientist, you still need to understand humanities from the point of view of aesthetics and art, and events like these give our students that exposure to this thought process” he said.

April 11, 2020:…Dr. Gautam Menon interacted with the Krea Community to help comprehend the obscurities of COVID-19 through disease modelling.

“All of us model all the time with what lies around. We attempt predicting situations through mental perspectives. These are mental models.”

Dr. Gautam Menon kick-started an evening which simplified the complexities that surround modelling of infectious diseases. As he navigated through the interaction, he explained the art and science of disease modelling.

Addressing the students, faculty and staff at Krea University, Dr. Menon spoke as a part of VENI- The Ideas Place’s ‘Where Critical Thinking Meets Creativity’ series. The session was hosted by Dr. Akhila Ramnarayan, Divisional Chair of Literature and Arts at Krea and curator of programming at VENI and moderated by Dr.Anand Sahasranaman, Assistant Professor of Mathematics, Division of Sciences, Krea University.

Dr. Menon is currently Professor of Physics and Biology at Ashoka University and Adjunct Professor at Tata Institute of Fundamental Research. He is on leave from the Institute of Mathematical Sciences, Chennai, where he is a Professor in its Theoretical Physics and Computational Biology groups.

Dr. Menon began by introducing us to his work on mathematically modelling infectious diseases, and spoke about how the modelling perspective is enriched at the intersection of disciplines. He recounted his experience in physics and his journey into biology, which he termed would be the science of the 21st century. He stressed on the importance of models in bridging the gap between problems and effective policies. On epidemic models, he held that they helped predict the likely path of an epidemic and hence enabled preparation for any upcoming crisis.

Taking us through an entire gamut of terms and simplifying it for the audience, Dr. Menon explained how what we think of diseases has changed over the years. He then introduced the SIR model originated by Kermack and McKendrick in the 1920s, explaining how the model divides the population into three compartments- Susceptible, Infected and Recovered. Tracing the evolution of the model, he spoke of varied versions of the model guided by the same essential principles, and their usage over time to ask different sets of questions, as is the case with COVID-19. Dr. Menon said that every successive model builds on a previous model and that there were dynamic changes in response to information from the ground, and hence the need for constant recalibration. On being asked about the impact of SIR type models in actually predicting the evolution of a disease, he cited the example of the use of the model in the UK during the Foot and Mouth Disease outbreak, where it helped control the extent of damage. He also introduced the Basic Reproduction Number (R0), which is simply the expected number of infections caused by a single case in a population, and a critical parameter used to understand the spread of diseases.

Reflecting on the old story of the sage who asked the king to give him one grain of rice on the first square of a chessboard, and then double the quantity in every square till all squares were exhausted, he explained the nature of exponential rise in numbers in an infectious disease. COVID-19, with its easy transmissibility even from asymptomatic cases, was proving to be a classic case of exponential growth.

When the discussion turned to the question of data, Dr. Menon said, “Models are only as useful as the data you put into them”, and stressed the need for accurate numbers from the authorities. He discussed the need for testing, identification, isolation, concentration on hotspots, and need for robust healthcare systems in the context of flattening the curve in India, and emphasised that while the current lockdown is important, it is optimally useful when backed with resourceful testing.

Click here to watch the full session

How a solo note gained resonance to become a multi-media effort. Ever since the lockdown began, Prof. Anil Srinivasan through creative collaboration collected over Rs 9.8 lakh during the lockdown.

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