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: Shutterstock
The India-Russia leaders’ summit and ministerial meetings in New Delhi on Dec. 6, scored big. Differences were set aside to make transformative progress in defence, fintech and connectivity among other sectors, commencing a new era of India-Russia relations fit for the 21st century.
Courtesy: Gateway House
Big Tech is powerful and its profits are growing - by 105% over the last year. It dominates economies. This raises concerns about data protection and privacy, anti-trust, fintech and the specific role of intermediaries. India is leading the way on fintech, but is behind several countries and institutions on digital rules. It is important to establish laws and rules to govern technology – whether domestic or through multilateral bodies – with the aim to strike the right balance between innovation and regulation.
Courtesy: Gateway House
Digital development can bring significant economic gains – from a better business environment to job growth and improved public finances, said Urve Palo, Minister of Entrepreneurship and Information Technology, Republic of Estonia