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Currents and Chronicles

Currents and Chronicles

Written by: Govind Varma
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Where today’s undercurrents meet tomorrow’s headlines. Currents and Chronicles is a forward-looking podcast that explores the global forces reshaping our world—from geopolitics, emerging technologies, and national security to ransformative policies. Each episode offers a strategic dive into the trends that matter—with an Indian lens and a global voice. Whether decoding quantum computing’s role in statecraft, examining maritime security, or reflecting on how narratives influence nations, this show bringsGovind Varma Economics
Episodes
  • From Data Ports to Digital Trust: How Vizag Is Shaping India’s Agentic AI Era
    Nov 9 2025

    For decades, Vizag has been a city of arrivals. Cargo ships from across the Bay of Bengal dock at its harbors; cranes move steel and coal; port sirens echo across the Eastern Ghats. But now, a new kind of vessel is landing at our shores undersea data cables.

    As fiber routes touch down along Andhra’s coastline and hyperscale data centers rise near the shipyards, Vizag is becoming both a sea port and a data port. The city that once moved the world’s goods is now poised to move its intelligence. We are witnessing a transformation from a maritime hub into a digital nervous system — one that connects India’s eastern seaboard to the cloud economies of Singapore, Japan, and the U.S. West Coast.

    McKinsey calls this the Agentic Era: a time when AI no longer merely assists human action but acts autonomously, adaptively, and at scale. From my vantage point on the coast, it feels like a historical echo. As ships once carried commodities, data cables now carry cognition. And at the heart of this convergence lies a new currency trust.

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    31 mins
  • The Faceted Economics of Lab grown Brilliance
    Oct 18 2025

    A few days ago, a friend sent me a message on WhatsApp asmall post announcing that he is selling lab-grown diamonds. That caught my attention and started thinking how the whole landscape changed from those times I worked in worldwide diamond. Even Ten years ago, this would have sounded likescience fiction. Today, it’s simply the new reality of luxury.

    I couldn’t help recalling the words of, Mr. Luc J. Cleas,who during those opening sessions of training programs said, “Diamonds are for everyone.” When he said it almost three decades ago, he meant efficiency better yields, leaner operations, and affordable stones for more people. But standing in today’s world, those words carry a different resonance.Diamonds truly are for everyone now. Not just because they are accessible, but because technology and shifting values have redrawn the very idea of brilliance.

    Technology and the Art of Light

    Among all transformations, none excites me more than theevolution of the Tolkovsky cut my lifelong fascination.

    When Marcel Tolkovsky in 1919, calculated the precisegeometry for maximum brilliance: 58 facets, each tuned for perfect light return. His formula shaped a century of craftsmanship.

    We once relied on instinct and loupe; now brilliance itselfis data-driven. Yet, the poetry remains the same brilliance is still about understanding how light behaves inside a human idea of beauty.

    The Lab-Grown Renaissance

    If technology redefined cutting, it revolutionized creation.Lab-grown diamonds (LGDs) once reserved for industrial drills are now centerpieces of engagement rings and ethical luxury.

    By 2024, LGDs made up roughly 25 percent of globaldiamond sales by value

    Their prices, once only 20 percent below naturals, now standat nearly 80 percent less. That affordability, coupled with ESG appeal, has opened new markets among young and design-conscious buyers.

    Geopolitics of Brilliance

    The diamond story is inseparable from global politics. U.S.and G7 sanctions on Russian diamonds notably from Alrosa, which contributes about 30 percent of world output have redrawn supply routes.

    Botswana and Angola are reclaiming value through localbeneficiation, while Dubai has emerged as a trading nexus between continents. Even Antwerp has changed, enforcing strict cash-transaction limits and compliance standards. Transparency is no longer a virtue it’s survival.

    The Digital Revolution of Trust

    The pandemic accelerated a shift that was already underway: the digital diamond trade.

    Virtual showrooms, AR fittings, and blockchain verificationhave made it possible to buy brilliance with a click and trust it. The handshake has evolved into a digital ledger, but the sentiment remains timeless: trust, verified.

    What the Stone Still Teaches

    After two decades of watching this industry evolve, I’vecome to see diamonds as mirrors of civilization enduring yet ever-changing.

    From Antwerp’s vaults to Indian cutting hubs, from De Beers’monopoly to blockchain marketplaces, every transformation tells the same story to catch light differently, you must change your angles.

    The art of brilliance has never been about hardness. It hasalways been about perspective about the willingness to be refined, again and again, until light finds its way through.

    A Final Reflection

    Mr. Luc’s words “Diamonds are for everyone” havefinally come true, though in ways none of us imagined.

    In today’s world, brilliance is not confined to mines ormachines; it’s defined by values, transparency, and imagination. Thediamond’s greatest transformation is not optical it’s ethical.

    In that sense, the industry has found its finest cut yet.

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    12 mins
  • Cybersecurity in 2025: Reading the Weather, Not Just the Radar
    Sep 6 2025

    Last year didn’t simply bring “more attacks.” It brought attacks with intent. Web DDoS campaigns rose by ~549% year over year, shifting from raw volume to application-layer (L7) precision—using techniques like HTTP/2 Rapid Reset and Continuation Floods to exhaust logic rather than links

    Meanwhile, the quiet assassins—“low and slow” streams—lingered for ~9.7 hours on average, more than doubling from the year before. This wasn’t chaos; it was choreography

    At the same time, hacktivism industrialized. Groups that once operated as lone wolves began to ally across borders, timing campaigns to elections, conflicts, and cultural moments. Telegram evolved into a coordination hub and storefront—complete with bot-driven DDoS-as-a-service and crypto payments—even as moderation pressure grew

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    19 mins
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