Introduction The rapid advancement of robotics and artificial intelligence (AI) has brought numerous benefits to industries and society. From automating repetitive tasks to improving healthcare and enhancing daily life, robots have undoubtedly transformed the world. However, the increasing integration of robots into society also raises concerns about their potential negative effects. While robotics and AI…
Introduction Technology is evolving at an unprecedented rate, transforming industries, economies, and societies worldwide. Emerging technologies drive innovation, productivity, and economic growth by creating new markets, enhancing efficiency, and disrupting traditional business models. This article explores 30 emerging technologies and their impact on the economy. 1. Artificial Intelligence (AI) AI is revolutionizing industries by automating…
Introduction The G20 Summit, an influential gathering of the world’s major economies, plays a pivotal role in addressing global economic, social, and environmental challenges. The 2024 G20 Summit, held in Rio de Janeiro, Brazil, embraced the theme “Building a Just World and a Sustainable Planet.” This theme underscored the need for equitable growth, sustainability, and…
Introduction Globalization is one of the most significant forces shaping the modern world economy. It refers to the increasing interconnectedness and interdependence of economies across the globe, driven by trade, investment, technology, and the movement of labor. In India, globalization gained momentum after the 1991 economic liberalization, which opened the country’s markets to foreign investment,…
Introduction Innovation is the cornerstone of modern economic development and plays a critical role in shaping the trajectory of societal well-being. It encompasses the creation and application of new ideas, technologies, methods, and processes that drive productivity, competitiveness, and social transformation. In today’s rapidly evolving world, innovation is not just a buzzword but an imperative…
Introduction The COVID-19 pandemic, which emerged in late 2019, caused an unprecedented global crisis, affecting health, societies, and economies worldwide. While the immediate concern was the health emergency, the pandemic also led to one of the most severe economic downturns in modern history. Nations across the globe faced economic contractions, business closures, job losses, and…