-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...

-Livemint.com Digitization and militarization may aggravate the underlying structural conditions behind the Great Depression of 2008 and trigger a similarly dire crisis, says study There are warning signs that the global financial system is heading for another disaster. In a new paper, William I. Robinson of the University of California adds to these warning bells by highlighting how the rapid rise of digitalisation and new technologies could potentially hurt the global economy. In a...

-Livemint.com * A new study highlights that collaboration between the state and companies is key to resolving the jobs crisis * The study argues that the global shortfall in good jobs is a massive failure of the capitalist market economy NEW DELHI: The lack of good jobs is one of the most significant issues affecting societies globally. A combination of technological and economic forces, such as globalization, automation and the gradual decline of...

-The Hindu ‘Ensures transparency, checks misuse’ Electoral bonds have been introduced to promote transparency in funding and donation received by political parties, the government told the Supreme Court on Thursday. “They [bonds] can be encashed by an eligible political party only through their accounts with authorised banks. The bonds do not have the name of the donor or the receiving political party and only carry unique hidden alphanumeric serial numbers as an in-built...

-Frontline.in Interview with R.B. Barman, former Chairperson, National Statistical Commission. R.B. Barman, former Chairperson of the National Statistical Commission (NSC), was member of the Indian Statistical Service before joining the Reserve Bank of India in 1979. He was president of the Indian Econometric Society in 2006-07, Vice Chairman, Irving Fisher Committee on Central Bank Statistics, Bank for International Settlement, Basel, Switzerland, and Member, International Data Forum. He sent a paper to Prime...