Linking of UPI with Singapore’s PayNow marks a red-letter day for the domestic banking and financial sector and will be a precursor to cross-border digital payment linkages between India and the rest of the world, going ahead India might have been late in adopting technology in the banking and financial space but it is catching […]
The world’s oldest democracy (USA) and the largest one (India) have a difficult task each at their hands in pulling off the balancing act between growth and price stability, as incumbent governments in both the nations look up to the polls next year Whether to let spiraling inflation situation remain freewheeling or to compromise on […]
Countdown has begun for last full budget of Narendra Modi 2.0 government and wish lists are pouring in by the day; Indian start-ups have a few up their sleeves from tax exemptions, financial assistance to sector specific regulations India is next only to the US and China when it comes to being home to start-ups […]
Less than a fortnight left before FM Nirmala Sitharaman reads out her final full budget of the union government and expectations are already building up among middle class on multiple fronts, hoping not just to earn some but also to save more Less than a fortnight is left for final full budget presentation before the […]
Government has taken several steps to give a much needed push to the drone industry. The rules governing the industry have changed. Manufacturers are also incentivised monetarily, too India’s unmanned aerial vehicle or drone industry is expected to be on a cruise mode over the next few years. With an enthusiastic private sector and unprecedented […]
Tech companies laying-off employees in hordes in the name of rightsizing as sustained revenue growth become hard to come by Fans of popular web series ‘Game of Thrones’ would be familiar with the phrase ‘Winter is Coming’ which is indicative of something bad or unpleasant that is going to happen. For tech companies in […]
US Fed Chair’s stance is unequivocal on containing inflation and ensuring price stability even at the cost of growth; emerging markets to see spillover impact, however, India’s prospects remain strong US Federal Reserve Chair Jerome Powell’s statement on interest rate hikes is a clear indication that inflation is there to stay. Powell in his statement […]
The Indian Rupee’s performance much better than its peers from developed and emerging economies; consolidation now on cards and fall to be capped from here The Indian Rupee’s weakening run against the US Dollar is primarily because of external reasons than of its own making. The Dollar has appreciated more than 14 per cent on […]
The global IT spending is projected to reach USD 4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner. It will be much slower than the pace of FY22 Fears of recession in the US and other developed economies are looming large. Yet, India remains the […]
The government has been able to increase its direct and indirect tax collections through process simplifications, awareness and plugging evasions India reported a 36 per cent jump in its gross direct tax collections at Rs 6.48 lakh crore till the first week of September over the corresponding period of the last fiscal year. It […]
