The Household Consumption Expenditure Survey (HCES) for 2023-24 reveals critical vital information about India’s economic landscape. The survey indicates shifts in spending patterns across rural and urban areas....
The Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 reveals growth in India’s unincorporated non-agricultural sector. Released by the Ministry of Statistics and Programme Implementation (MoSPI) on...
India and Oman are advancing their economic collaboration by expediting discussions for a Comprehensive Economic Partnership Agreement (CEPA). This development comes as the two nations aim to strengthen...
Recently, CRED became the first fintech company to launch a beta version of its e-rupee wallet, enabling transactions using India’s central bank digital currency (CBDC). This initiative follows...
The United Payments Interface (UPI) has fundamentally transformed India’s digital payment landscape. By the end of 2024, UPI accounted for 83% of the total payment volume in India....
The Reserve Bank of India (RBI) has recently intensified its efforts to enhance liquidity in the banking system. This initiative comes in response to liquidity deficit, which has...
Punjab National Bank (PNB) made headlines by becoming the first Indian bank to implement Clari5’s National Cybercrime Reporting Portal (NCRP) Integration Solution. This integration represents advancement in the...
India’s foreign exchange (forex) reserves have experienced fluctuations in recent weeks. As of January 17, 2025, the reserves stood at $623.983 billion, a decrease of $1.88 billion from...
The Insolvency and Bankruptcy Code (IBC) has been mechanism for resolving distressed debts in India. However, recent trends indicate a decline in its effectiveness. The Reserve Bank of...
The Reserve Bank of India (RBI) reported rise in customer complaints under its Integrated Ombudsman Scheme for the fiscal year ending March 2024. The total complaints surged by...
