Big FinTech is here!
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.
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.
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.
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.
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.
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.
With the space sector being divided into astro-political blocs, India can't afford to stay non-aligned. A recent treaty between China and Russia makes it plain for India that leaving space exploration to a few science aficionados can be dangerous. India needs a national space exploration strategy with tangible economic and meta-strategic goals in sight.
As new technological advances take place every day, India must keep up. While the U.S. is still a front-runner in defence technologies, China and Russia are catching up quickly. In order to counter this, India can insert itself into the pre-existing bilateral co-operation between the U.S. and Israel. Sameer Patil, Fellow, International Security Studies Programme tells us how.
The Taliban should have been reintegrated into Afghan society several years ago. It is now probably too late to persuade them to accept anything less than a dominant role in Kabul. However, Turkey, Pakistan and the United States may have one last chance to pressure the antagonists into a negotiated settlement, perhaps along the following lines.
The EU’s Indo-Pacific strategy comes better late than never. But it has to step gingerly. It cannot antagonize China, wants to build on the legacy of its members’ colonial past, give the region the infrastructure it needs, and make the trade agreements that it wants. Is it achievable?
The Dawoodi Bohra diaspora is present in over 40 countries that are home to 500 sizeable communities. From a predominantly Indian Ocean merchant diaspora in the past, today, its young prefer to seek educational and professional opportunities in developed countries, like the United States. What remains unchanged is the Bohras' traditional way of life, as lived through its rich and composite cuisine and its unique, ever-evolving language – Lisan-ul-Dawat – both of which connect the community across continents.