The Economic Survey 2023 stated that Unified Payments Interface (UPI) accounted for 52 per cent of the total 8,840 crore financial digital transactions in FY22. The adoption of UPI has…
Category: Economy
Economic Survey 2023: Private consumption edges up; highest since FY15 across H1
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament on Tuesday. According to the Survey, India’s economic growth in FY23 has been principally led by private consumption…
‘Entire world is looking at India’s Budget,’ says PM Modi ahead of Budget session
Prime Minister Narendra Modi, ahead of the Economic Survey, said that the entire world is looking at India’s Budget. Finance Minister Nirmala Sitharaman will table the Union Budget 2023-24 on…
IMF expects Indian economy to grow at 6.1% in 2023 vs 6.8% in 2022
The International Monetary Fund (IMF) said that it is expecting some setbacks for the Indian economy next fiscal and pegged the growth rate to 6.1 per cent in 2023, down…
Hyderabad: Indigenously developed 1 ton/day PCB Recycling facility inaugurated at C-MET
India generates around 3.2 million tons per year of electronic waste, which contains many precious materials like gold, palladium, silver etc. in addition to hazardous materials that can cause irreparable…
Policy agreement on cryptocurrency assets soon: Finance Ministry sources
India is likely to have clarity on the legality of cryptocurrency as the government has finalised a report that has been submitted to the Financial Stability and Development Council (FSDC).…
India raises Rs 8,000 cr from maiden green bond sale
India’s first sovereign green bond issue was mostly subscribed by local banks and insurance companies, with limited interest from foreign investors, market participants said. New Delhi raised Rs 8,000 crore…
Market Today Summit: ‘We’re probably seeing the last leg of the funding winter’, say experts
Enough has been said about the global capital market slowdown of 2022. While India remains one of the better positioned economies — vis-a-vis the West, China, and parts of Europe…
‘India’s fortunes critical to the world; its rise welcomed by the world’: Kumar Mangalam Birla
Chairman of the Aditya Birla Group, Kumar Mangalam Birla, in a note on the year gone by and the year ahead, said that some of his beliefs such as “sanity…
India’s first stack developers conference on Jan 25: Domestic, foreign start-ups to participate
India’s first stack developers conference will be held on January 25 at the India Habitat Centre in Delhi, organised by the National e-Governance Division (NeGD) and Ministry of Electronics and…