Introduction The global economic order has undergone a significant transformation in recent decades, marked by the gradual shift of economic power from developed Western nations to emerging economies. Among these, China and India have emerged as key players influencing global trade, investment flows, production networks, and governance structures. Traditionally, global economic dominance was concentrated in…
Introduction Artificial Intelligence (AI) is rapidly becoming a foundational technology shaping governance, industry, defence, healthcare, and education worldwide. Recognising this strategic importance, India has launched IndiaAI Mission 2.0 under the leadership of Ministry of Electronics and Information Technology (MeitY). The mission represents a decisive shift from pilot-stage AI adoption to large-scale ecosystem building, with the…
Introduction Over the past three decades, India has witnessed a dramatic transformation in its urban landscape due to the rapid expansion of Information Technology (IT) and IT-enabled services. Cities such as Bengaluru, Hyderabad, Pune, Chennai, Gurugram, Noida, and Kochi have evolved into major IT hubs, integrating India into the global digital economy. This development has…
Introduction Over the last three decades, India has emerged as a global hub for information technology (IT) and IT-enabled services. Cities such as Bengaluru, Hyderabad, Pune, Chennai, Gurugram, Noida, and Mumbai have become prominent centers of software development, business process outsourcing, fintech innovation, and digital startups. This transformation has significantly altered India’s urban economy and…
Introduction The financial landscape of India is evolving rapidly with the advent of digital technologies, fintech innovations, and the widespread adoption of digital payments. One of the most significant developments in this trajectory is the emergence of Central Bank Digital Currency (CBDC). A CBDC is a digital form of a country’s fiat currency issued and…
Introduction The COVID-19 pandemic posed an unprecedented challenge to global economies, and India was no exception. As the world grappled with the crisis, India’s economy witnessed a historic downturn in 2020. However, in the wake of these hardships, the country embarked on a road to recovery, with various measures taken by the government to bolster…