If India wants a voice in a world of two clashing superpowers & competing networks for moving money cheaply, it needs to build its own crypto capabilities.
Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.
There is a chicken-and-egg dilemma with money — it can’t circulate until it circulates. The currency 'airdrop' could be the doorway to several economic solutions.
Given Facebook's failures around privacy, a near-unanimous notion among US lawmakers is that the tech giant shouldn’t be trusted to create a new global currency.
For RBI & other central banks, prospect of being at the mercy of a cabal of tech czars & venture capitalists could seem less predictable, more sinister.
As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
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