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  • Social media surveillance and Mission 2020Ashish K. Mishra
    Social media surveillance and Mission 2020Things with WhatsApp surveillance in particular and social media in general are taking a fairly dystopian turn in India. Here’s from Bloomberg: India’s government said on Tuesday it’s “empowered” to intercept, monitor and decrypt digital information in the public interest as long as its agencies follow the law. Laws allowed federal and state governments to […]
  • Facebook’s vague payments launch and UPI’s global ambitionsPranav S.
    Facebook’s vague payments launch and UPI’s global ambitionsFacebook just announced the launch of a new payments feature a couple of days ago in the US—Facebook Pay.  It’s essentially a rebranding and consolidation of existing in-app payments on Facebook and Instagram (for shopping, donations, etc.) and a peer-to-peer transfer option in Messenger. To begin with, Facebook Pay will let users send and receive […]
  • India’s savings crisisPradip K. Saha
    India’s savings crisisHousehold savings in India have been in a tailspin over the past five years, hitting a nearly two-decade low. The household savings rate stood at 17.2% of gross domestic product in 2017-18; that’s only marginally up from 17.1% in 2016-17, which was the lowest since 1996-97, and the savings rate has dropped in almost every […]
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