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We should fix the business of opinion polling in India

Mint Mumbai

|

November 28, 2024

Pollsters need self-regulatory mechanisms that can set standards and ensure transparency

- PRAMIT BHATTACHARYA

Elections in India have become a trial by fire for pollsters. The ones who get it right are celebrated for their prescience. The rest are seen as outright frauds. If all of them get it wrong, people suspect a conspiracy; or worse, a stock market scam. We also hear demands for banning pollsters sometimes. A spotlight on pollsters at the time of election results is not unusual. They are in the business of forecasting electoral outcomes. And if the outcomes do not match their predictions, we should question these forecasters. Such questions are also raised in other democracies. Yet, the nature of questioning in most mature democracies is quite different.

Pollsters have faced intense criticism in the US, for instance, for underestimating support for Donald Trump in three consecutive elections (2016, 2020, 2024). Trump himself has dismissed opinion polling as "fake." But not everyone there has taken his words literally. Some commentators have in fact defended pollsters this time since the final vote shares of the candidates are within the stated margins of error. Others have raised questions about a systematic bias in one direction. They fear that Republican voters may have been less likely to respond to polls compared to Democrats. Still others have questioned whether sampling weights used to adjust the raw polling data have led pollsters astray.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Israel to relocate Jews from northeast

Israel’s government has approved a proposal to bring all the remaining 5,800 Jews from India’s northeastern region, commonly referred to as Bnei Menashe, over the next five years.

time to read

1 min

November 26, 2025

Mint Mumbai

IndoSpace Core acquires six logistics parks for over $300 mn

IndoSpace Core, a joint venture between the Canada Pension Plan Investment Board, or CPP Investments, and IndoSpace, has acquired six industrial and logistics parks valued at over $300 million.

time to read

1 min

November 26, 2025

Mint Mumbai

Businesses mustn't wait for a global climate consensus

This year’s United Nations climate summit in Belém, Brazil, ended last week. Countries made promises on paper and avoided hard decisions. Having gathered nearly 200 nations to chart out climate action, CoP-30 produced a ‘Belém Political Package’ that deferred questions rather than answer them. We should not pretend that this is progress.

time to read

3 mins

November 26, 2025

Mint Mumbai

Husk Power aims to raise $400 mn

Husk Power Systems, the world’s biggest solar mini-grid operator, has begun an industry-record capital raise of $400 million as it seeks to grow revenue 10-fold by 2030 and prepare for an initial public offering (IPO).

time to read

1 min

November 26, 2025

Mint Mumbai

Don't make AI models but make the most of what exists

Earlier this year, Amazon announced that it was eliminating 4,000 management positions because artificial intelligence (Al) tools had rendered those middle-management roles redundant.

time to read

3 mins

November 26, 2025

Mint Mumbai

Mint Mumbai

The Federal Reserve’s tool for calming short-term funding markets is being tested

The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets.

time to read

3 mins

November 26, 2025

Mint Mumbai

Mint Mumbai

Wipro to enter pet foods with ‘HappyFur’

Wipro Consumer Care and Lighting, the consumer venture of Wipro Enterprises, is set to enter India’s fast-growing pet food market with a new brand, ‘HappyFur’, said three people aware of the plan.

time to read

2 mins

November 26, 2025

Mint Mumbai

Mint Mumbai

KKR strengthens its play in Lighthouse

Private equity firm KKR has made a fresh round of investment in Lighthouse Learning, along with new investor PSP Investments.

time to read

1 mins

November 26, 2025

Mint Mumbai

Mint Mumbai

JioMart pulled up for uncertified walkie-talkies

India's top consumer watchdog has held Reliance JioMart guilty of misleading advertisements and unfair trade practices by allowing the sale of uncertified walkie-talkies on its platform, government officials aware of the matter said, in a first such action against an e-commerce portal.

time to read

1 mins

November 26, 2025

Mint Mumbai

Mint Mumbai

Old medical history vs current claims: What do Irdai rules say?

My insurer has rejected my claim for acute motor axonal polyneuropathy, citing nondisclosure of resolved 2008 ankylosing spondylitis diagnosis. As it was fully cleared, I didn’t consider it relevant when buying the policy. Can insurers deny the claim on this basis, and what do Irdai rules say?

time to read

2 mins

November 26, 2025

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