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Is India Trapped in Low Wages? A Look at Minimum Wages and Industrial Productivity
The conversation on India’s industrial potential and economic growth often circles around wage levels, productivity, and the path to industrialization. One critical, and perhaps provocative, question emerges from this discourse: Is India caught in a low-wage trap? And could higher minimum wages actually force the country toward greater productivity and…
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Geoffrey Hinton: The Human Depth Behind the Godfather of AI
Geoffrey Hinton, often hailed as the “Godfather of AI,” is not just a pioneering scientist in artificial intelligence—he is a man with a story deeply shaped by legacy, personal struggle, and emotional insight. While the world knows him for his contributions to machine learning and neural networks, few appreciate the…
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Trade Facilitation in an Era of Technological Disruption and Political Shifts
Global trade sits at the nexus of rapid technological innovation and significant geopolitical change. Over the past decades, supply chains have knitted the world’s economies together, lifting trade values to record highs (nearly $33 trillion in 2024, a new peak). At the same time, political currents—from trade wars to new…
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Economic Governance in a Digital Age: Balancing Innovation, Inclusion, and Regulation
In the last two decades, digital technologies have transformed the architecture of global economies. From fintech revolutions to gig platforms and data-driven policymaking, digital innovation is no longer a peripheral force—it is now central to economic governance. However, this rapid evolution brings with it a complex balancing act. The triad…
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The Future of Globalisation: How Geopolitics and Inequality Will Shape Trade
Globalisation, once seen as an unstoppable force driving prosperity and interconnectedness, is now entering a period of recalibration. The 2020s are witnessing a paradigm shift where geopolitical tensions and rising inequality are redefining trade flows, reshaping supply chains, and challenging the very foundations of global economic integration. The Geopolitical Rebalancing…
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The Future of Textile Recycling in India — a case study
In recent years, the textile industry in India has been undergoing a quiet but significant transformation. At the heart of this change is the increasing focus on recycling textiles — a critical step toward building a circular economy and reducing the environmental footprint of fashion and hospitality industries. One fascinating…
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The Missed Opportunities and Lessons in India’s Development
India’s development journey post-independence has been marked by remarkable achievements as well as missed opportunities. The ambitions were clear: to achieve rapid growth, accumulate resources, and then invest in essential public goods like education, health, and infrastructure. However, looking back, it becomes evident that the sequencing and prioritization of these…
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Bridging the Digital Divide: A World Bank Call for Inclusive and Sustainable Digital Transformation
In today’s rapidly evolving world, digital transformation is no longer a luxury — it is an absolute necessity. Yet, as highlighted by the World Bank at the recent Global Digital Summit 2025, while digital technologies are accelerating economic and social progress for many, a staggering 2.1 to 2.6 billion people…
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