Courtesy: Gateway House
At the St. Petersburg International Economic Forum in June, President Vladimir Putin reiterated that Russia is building a sovereign AI ecosystem. Despite Western sanctions and the brain drain following the Ukraine war, Moscow continues to support AI startups and SMEs through state-backed funding. There are 38 Russian AI companies, and it is worth analysing their backgrounds, classifications, and the links between them and the Russian state.
Courtesy: Council on Foreign Relations
The absence of panic in the energy markets despite the renewed U.S.-Iran fighting indicates a well-supplied oil market in the longer term. That means stability for energy short countries like India in the long term. In the short term, however, India will be impacted by other disruptions, such as the increased use of sanctions.
Courtesy: Business Post
The AI industry in the U.S. is on a high, with three major upcoming public offerings on the table from Anthropic, Open AI and Space X hogging the attention and news. But users are increasingly concerned about costs, and developers are rushing to raise capital. When the effervescence abates, a reduced appetite for AI stocks may eventually see investors return to emerging markets. Can India benefit?
Courtesy: Global Times
The Quad Foreign Ministers’ Meeting, held in New Delhi on May 26, highlighted both the progress and uncertainties surrounding the grouping. Significantly, it reaffirmed U.S. engagement. While the Quad has expanded its agenda and provided some concrete outcomes, the all-important Leaders’ Summit is still not visible – a worry for India’s prolonged chairship since 2024.
Courtesy: Gateway House
Several Australian families and companies have had a deep impact on India, since the early days of its economic reformation – from telecom to entertainment. Now, with the two countries enjoined by a comprehensive bilateral trade agreement, it’s time to step it up and deepen common agendas on hard issues, from regulation on big tech to entertainment ecosystems to sports and stadium management.
Courtesy: Warung Pintar
The currents shaping the relationship between the Indo-Pacific’s two largest democracies are not trade winds but terabits flowing through fiber-optic cables and the instant signals of digital payments. Jakarta and New Delhi are forging a landmark digital alliance—one that goes beyond technology. At the heart of this digital handshake lies the plan to link Indonesia’s BI-Fast with India’s Unified Payments Interface.
Courtesy: Carnegie India
Digital Public Infrastructure (DPI) and digital commons have the potential to accelerate achievement of the sustainable development goals. Both India and the European Union recognise this: India is a pioneer in DPI, while the concept of digital commons is gaining better attention within the EU. The partners must now work towards a joint understanding of the core principles that govern digital resources.
Courtesy: European Parliament
Artificial Intelligence is a transformative technology offering developmental opportunities for marginalised communities across developing and emerging countries. However, the costs of AI access through private platforms are becoming exclusionary, negating these opportunities. It is critical to make the advantages of AI available to all. The G20 nations can invest in open source technology and create an AI Stack similar to the India Stack, for public benefit.
Courtesy: The Economist
After a year affected by a sustained polycrisis, global geopolitics in 2024 remains a delicate dance between hope and realism. Ongoing conflicts in Ukraine and Gaza cast uncertain shadows, while Taiwan and the South China Sea present potential flashpoints. Indian diplomacy will have to navigate old and new challenges, while promoting India’s expertise in digital technology, as also managing its own upcoming parliamentary elections.
Courtesy: Hindustan Times
Digital Public Infrastructure (DPI) in India has encouraged innovation, resulting in accelerated economic growth and efficient delivery of government services, all whilst maintaining digital sovereignty. Further success depends on developing international standardisation and interoperability. As a DPI pioneer, India can use its position to create a repository of best practices and encourage collaboration for global digital governance standards.