Digital highways can significantly improve firm productivity, create new-age start-ups, and benefit citizens across sectors, aiding higher and sustainable economic growth. This is best exemplified by India’s Unified Payment Interface (UPI), which transformed the payment universe from street vendors to large shopping malls, dramatically improving service delivery efficiency through instant digital payment solutions using mobile. […]
While the idea of 10-minute delivery was popularised by Blinkit, erstwhile known as Grofers, there are many players in the game now like Swiggy which runs Instamart, then there is Zepto, Tata Group-owned Bigbasket. With Reliance-owned Jiomart and Amazon expected to enter the game, it will be a different ball game, altogether Ecommerce is a […]
Even the economic survey this time ahead of the Budget has called for the RBI to stop looking at food inflation while deciding interest rates. But doing so runs the risk of reducing inflation numbers to mere statistics and may not change much on the ground. The Reserve Bank of India (RBI) leaving interest rate […]
Micro, Small and Medium Enterprises (MSMEs), which contribute 27 per cent of India’s GDP, account for 38.4 per cent of the total manufacturing output and contribute 45 per cent of the country's total exports, have been given due respect in the Budget for 2024-25. Large-scale job creation through traditional big companies is no longer feasible […]
Notwithstanding the removal of indexation benefit for the purpose of computing long term capital gains (LTCG) on property, the demand for property bought for self-consumption may not get hit. In fact, this could control speculative buying in the real estate sector and stabilise the prices, aiding the first-time property buyers There is an overwhelming view […]
India’s entry into J.P. Morgan index to mark a new chapter for domestic bond market India becomes the 25th market to have found a place in this prestigious index since its launch in 2005. Inclusion of Indian government bonds will happen in phases over a 10-month period, with the addition of one per cent weight […]
India becomes the third largest aviation market of the world. Aviation is one of the sectors in particular that has recently been on a growth trajectory in terms of passenger numbers, aircrafts in demand and functional airports. Discussions on feasibility of commercial aircraft manufacturing ecosystem in India is natural to happen. From time to time, […]
This year has not been an encouraging one in the sense that way back in March it was being predicted that Fed could engineer three cuts amounting to 75 basis points (bps) in 2024. That is not happening and a zero-rate cut situation could be a big disappointment for the US, India and others, at […]
Globally, humans produce over 450 million tonnes of plastic today as compared to just two million tonnes in 1950. Unfortunately, over 90 per cent of the plastic pollutes the planet. A report from the U.S. federal Lawrence Berkeley National Laboratory says that the plastic industry, which currently accounts for 5 per cent of global carbon […]
While Fed’s rate cut exercise may have been pushed back, Sweden takes the lead in cutting policy rate by 25 bps. Meanwhile, the RBI’s rate setting committee will meet after the general election results and it will be an interesting event to watch out for Hopes of the June interest rate cut by the US […]
