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India's economic growth is being hindered by rising income inequality, which needs to be addressed in order for the country to become an economic powerhouse like China. The income share of the top 1% in India is among the highest in the world, and the top 10% also holds a larger share compared to China. If India fails to create gainful employment and counter the rising inequality, most Indians may not see a substantial increase in their income, leading to dependence on government assistance. Weak consumption growth and skewed patterns of growth, with strong investment demand but weak consumption demand, further contribute to the problem. One of the reasons for rising inequality is India's failure to transition its workforce away from agriculture towards more productive and better-paying employment. Educational inequality and the unequal effects of India's services-led economic growth also contribute to the imbalance. The COVID-19 pandemic exacerbated the inequality, with the informal economy suffering more than the corporate sector. India's policy responses during the pandemic favored the formal economy and capital markets, but had negative effects on the masses. India's ability to use its human capital, like China did, will be crucial for its economic growth. [Extracted from the article]

Just Eat Takeaway.com, an Amsterdam-based food-delivery group, reported a decline in gross transaction value for the first quarter due to lower orders. The company processed 214.2 million orders during the period, compared to 227.8 million in the same period last year. Despite this decline, Just Eat backed its full-year guidance and reiterated its adjusted earnings before interest, taxes, depreciation, and amortization guidance for 2024. The company also stated that it is actively exploring the partial or full sale of Grubhub, although no deal has been agreed upon yet. [Extracted from the article]

Disney plans to crack down on password sharing for its streaming services, following in the footsteps of Netflix and other platforms. The company aims to limit password sharing in a few countries starting in June, with a wider rollout planned for September. Disney's CEO, Bob Iger, stated that this move is part of the company's efforts to cut costs and make its streaming services profitable. While some streaming companies have tried to limit password sharing without strict crackdowns, others have seen success in curbing sharing to boost revenue. Disney is on track to have a profitable streaming business by the end of this year. [Extracted from the article]

The Preventing Deepfakes of Intimate Images Act has been reintroduced in the United States, which would make it a federal crime to share digitally-altered nude images of real people without their consent. The bipartisan move comes in response to an incident at a high school in New Jersey where boys were sharing AI-generated nude images of female classmates. The proposed legislation would also allow victims to sue offenders in civil court. Legal experts say that while faked sexual images of real people are relatively new, federal law is lagging behind, with only a few states having outlawed the distribution of such images. [Extracted from the article]

The article discusses the effectiveness of traditional phishing training methods used by companies and suggests that storytelling can be a more powerful tool for cybersecurity training. The author argues that hearing stories from peers about their experiences with scams can make employees more likely to take security seriously and avoid making the same mistakes. The article also highlights the importance of personalization and concrete lessons in storytelling. The author suggests that companies should encourage employees to share their stories with peers to improve cybersecurity training. [Extracted from the article]