Courtesy: Marg Publications (Mumbai)
From the window of the earliest paper currencies issued by private banks in Calcutta, to the evolution of contemporary banknotes, The Conjuror’s Trick: An Interpretive History of Paper Money in India, deftly tackles political imperatives, monetary policy, global disruptions, schools of currency thought and even the science and art of printed paper money in India.
Courtesy: Shutterstock
The future is likely to see ‘Big FinTech’ replace ‘Big Tech’. But this time around, India can be part of the story from the ground up. India has been ahead of the fintech game on the technology, regulatory and consumer fronts.
Courtesy: Hindustan Times
As China gains ground in a global competition across the military, economic, diplomatic, and technological domains, the Quadrilateral Security Dialogue (Quad) made up of Australia, India, Japan, and the US is finally finding its footing.
Courtesy: Reuters
Since the military coup in Myanmar on February 1, violence and protests have broken out across the country and are continuing. Supported by India and Japan, ASEAN has played a key role, by calling the emergency summit in Jakarta. It has bridged internal gaps and helped navigate the international community to a reconciliation of the crisis. India must continue support to such efforts, which aim for immediate and long-term peace.
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The India-EU summit held May 8, was more ambitious than previous ones. Now the summit’s words must turn into action, an effort that will require continuous discussion, patient negotiation and uninterrupted dialogue between Delhi and Brussels. Will the two capitals be willing to compromise and find common ground that they have not managed to demonstrate before?
Courtesy: European Commission
This India-EU summit was different from the ones past, and India is a significant gainer. A trade agreement and connectivity partnership aside, the EU has stepped up to help India during this emergency, viewing it not as a weak state but as a partner in distress. The geopolitical indicators for an enhanced engagement are now also in place.
Courtesy: Twitter| @usaid_india
In the past two weeks, the U.S. has been sending planeloads of aid to India. This is a welcome change from its previous hesitation, which turned around in four critical days. It reflects the importance of an effective Indian diaspora and of the Global Comprehensive Strategic Partnership with India.
Courtesy: Gateway House
Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.
Courtesy: Middle East Institute
The American decision to withdraw troops from Afghanistan will strengthen the Afghan Taliban and possibly ensure its return to Kabul. This has implications for India’s security and economic interests in Afghanistan. India must step up its game by showing willingness to talk to the Taliban, while simultaneously expanding training assistance to the Afghan security forces.
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Swiss bankers, long perceived as smart and the epitome of security, have lately projected themselves as venturesome players in a global theatre of high risk. It didn’t pay off, their involvement with Greensill Capital and Archegos Capital, resulted in major financial losses and a loss of cachet.