When a new technology comes forth, a developing country with the relevant capabilities can leap forward. Japan did this with automobiles and consumer electronics.
The Watal Committee and the Nandan Nilekani Committee, formed to study the digital payments ecosystem, have highlighted the importance of recurring transactions.
Asia is an important barometer for world economy because it accounted for more than two-thirds of global growth in 2019 & houses a majority of the young.
Companies such as Apple and Amazon let competitors build for their ecosystems, but functionality is typically limited for third-parties compared to their default offerings.
The next time you see a post featuring a sari-clad woman at a party or a travel reel from an unknown location, ask yourself — how does her joy threaten yours?
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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