Solutions to Change

by Arundhathi Jegadeesh, (Image source:ABS-CBN News) In most of the OECD (Organisation for Economic Co-operation and Development) countries there has been little or no growth of the middle class between the mid-1980s and the mid-1990s, while it rose in the next decade that is from mid-1990s to mid-2000s. In the following decade, from 2006 to 2017, this growth has fallen. Only a few of the OECD members such as Israel and Turkey can boast about having a higher median income than previous decades. While in Greece, Italy, Japan, Mexico, Slovenia and Spain, the median income has become lower in the mid 2010s than it had been in 2008. Therefore, we can say that the median income has fallen in most of the OECD countries. The ones who belong to the middle-income class would include all those who have 75 per cent to 200 per cent of the median national income (OECD). Middle class varies across the world. The middle- income class in Mexico would consist of those who earn an inco...

By Deepit Mudaliar, (Image source:  Medical Xpress ) Artificial intelligence (referred as AI) is the intelligence which tries to perform the same activities as the human cognitive abilities. The technology can be introduced into any device, be it a cell phone or any machine equipment in almost every kind of industry. It has now jumped out of sci-fi movies and novels and has engulfed our lives. AI in healthcare has begun assisting doctors. Some of the common uses are for monitoring patient health efficiently using intelligent assistant devices like the Intelligent Virtual Assistant (IVA) and Medical Virtual Assistant (MVA). Chatbots too assist in advising and alleviating stress. Huge amounts of medical data can be analysed with speed and accuracy. It is used in complex surgeries to achieve precision. Predictive analysis can be done using electronic medical records and electronic health records. For example, a patient with a symptom of high blood pressure can be asse...

By S Aswathi Mohan, (Image source: The Economic Times) Monetary Policy is a tool used by a nation’s Central Bank to influence the nation’s price levels, output, etc as a response to global shocks. Global warming is the rise of the average temperature of the Earth due to the emission of greenhouse gases like carbon dioxide, while recession is a period of economic slowdown characterised by low consumption and reduced trade and industrial activity. So how are they related to each other? The answer is economic shocks. Economic Shocks An economic shock is an event that brings about a significant change in the economy. It can either affect the aggregate demand or aggregate supply of an economy. Negative economic shocks affect the economy by causing a reduction in the output and hence employment of the economy, leading the economy to a recession stage. Global Warming-Shock Relation Global warming is responsible for many drastic changes in the climate. It causes dro...

By Sivakami Prasanna, (Image source:vakilno1.com) Copyright laws are guardians of our innovation and creativity. These laws protect an author’s ownership and distribution over original expressive work. With the spread of the Internet, copyright laws all over the globe have become inadequate and irrelevant. Be it literary work, sound recordings, films, anything and everything can now be digitised. The Internet has made the reproduction of these works easy and cost-effective. The prominent copyright issues in the digital era can be classified as Issues relating to computer programs, database and multimedia works. Issues relating to the communication, distribution and reproduction of the work to the public through digital media. Issues relating to the administration and management of copyright in the digital space.  The Copyright Act of 1957 governs the copyright laws in India. All artists, authors and owners of creative work have the right to communicate, translate, ...