The Fiscal Responsibility and Budget Management (FRBM) Act, enacted in 2003, aims to maintain fiscal discipline in India, introduced by Finance Minister Yashwant Sinha in 2000 and became...
India continues to lead the world in remittances, with non-resident Indians (NRIs) sending home a remarkable $129 billion in 2024, marking an increase from the previous year’s remittance...
The World Bank has recently approved a substantial funding package aimed at boosting Ukraine’s financial and economic stability. This initiative, announced on December 18, 2024, includes a combination...
The Income Tax Department has reported impressive growth in direct tax collections for the financial year 2024-25, surpassing 19.21 lakh crore rupees, marking a substantial 20.32% increase compared...
The Alternative Assets market in India is currently valued at $400 billion and is projected to expand to $2 trillion over the next decade. The growth is attributed...
Delhi and Bengaluru emerged as players in India’s cryptocurrency landscape, and contributed notably to the national investment portfolio, especially in the Layer-1 category. According to a recent report,...
The Indian capital markets have experienced remarkable growth since the Covid-19 pandemic and retail investor participation has transformed the landscape of investment in the country. This trend reflects...
India has made strides in the global smartphone market and has risen from 23rd to 3rd place in smartphone exports since 2019. In November 2024, India’s smartphone exports...
The OPEC Fund for International Development has recently approved nearly $1 billion in funding to support various development projects worldwide. This decision was made during the 190th Governing...
India is currently navigating economic transitions. Recent discussions in Mumbai focused on strategies for enhancing financial mobilization. The workshop, hosted by NITI Aayog, the University of California, Berkeley,...
