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: 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.
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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.
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Retrospective taxes. Asking OPEC to reduce production. Raising oil prices at the pump. India’s perplexing actions on energy seem designed to defeat the Modi government’s declared goals of disinvestment of the public sector and welcoming foreign capital.
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Individuals now generate copious amounts of personal data everyday – both online and offline. Devices and infrastructure extract data, which can be shared instantly across borders with diverse entities - without consent. It is imperative that countries come together to create regulations to protect individuals who are unable to control how their data is shared and processed. A model already exists in the Paris Climate Agreement.
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There has been an increasing need for the regulation of content on social media platforms like Twitter, WhatsApp and Facebook. Ambika Khanna, Senior Researcher for International Law Studies Programme explains the legal concerns associated with intermediaries
Courtesy: Manufacturing Business Technology
The U.K. is out of the EU, and re-positioning itself into the idea of Global Britain, seeking partnerships into diverse groupings and regions. India was an early strategic, defence and digital outreach, but a serious pivot has been made to broader Asia for trade and investment linkages, with vigorous follow-up. The re-entry and acceptance of Britain in Asia, has implications.
Courtesy: Foreign Affairs
A yawning gap has opened up between what countries know about the risks of climate change and what they are doing to reduce them. In the riskier new era of climate change, the longer countries take to close that gap, the more painful and deadly the outcomes.
Courtesy: Gateway House
Bharti Global’s stake in OneWeb has given India lateral entry into this lucrative and newly-competitive global satellite-based internet services market. India and the U.K., the two stakeholders in this company, can build and sustain this collaboration through a well-thought-out bilateral space diplomacy agenda.
Courtesy: Shutterstock/Gateway House
Now that the India-U.S. 2+2 meeting has ended, Indian officials are preparing for a hectic season of summiteering in November, from the SCO to the BRICS and the G20. All will give India global attention, and help the country prepare its positioning at home and abroad.