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Global Economy: In 2023, Central Banks Will Have to Battle Inflation Amid Political Obstacles -Steve Schifferes

-TheConversation.com/TheWire.in With the cost-of-living crisis now at the top of the public’s agenda in many developed countries, the setting of interest rates has ceased to be just a technical matter and has instead become highly political. Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic,...

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Are millets safe from biopiracy? -Vibha Varshney

-Down to Earth 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood. As millets are adapted to grow in dry and arid regions, they attract Big Businesses and companies in times when climate change is making cultivation of other cereals difficult. But...

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Why Economic Inequality is a Burning Issue that Needs Attention -Atman Shah and Dipak Chaudhari

-Newsclick.in Inequality is not natural but manufactured. It’s time policymakers stopped normalising the wealth and income gap. Else, post-Covid inequality could become a permanent feature. Wealth and income inequality are more than just economic concepts. They also influence education and health outcomes, poverty levels, employment and unemployment rates, opportunities, choices, and, ultimately, happiness. Of late, several reports have investigated the impact of COVID-19 on various segments of society at the regional, national,...

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Why Google's Been Fined $162 Million In India: 5 Reasons -Debanish Achom

-NDTV.com The Competition Commission of India, or CCI, said Google's operating system Android was configured to unlawfully crowd out rivals New Delhi: Google has been fined ₹ 1,338 crore by India's anti-trust watchdog for allegedly abusing its commanding position in the smartphone market. Google said the move was "a major setback for Indian consumers and businesses." It will evaluate next steps. Here's your 5-point cheatsheet to this big story: * The Competition Commission of...

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CCI to set up digital market unit to assess big tech behaviour -Gireesh Chandra Prasad

-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...

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