Financial inclusion refers to ensuring that all individuals have access to financial services. This includes banking, credit, insurance, and investment opportunities. It aims to empower the underprivileged and promote economic growth. In India, initiatives like Jan Dhan Yojana have been implemented. These efforts help reduce poverty and enhance livelihoods. Financial literacy is also crucial for effective participation in the economy.
The United Payments Interface (UPI) has revolutionised India's digital payment system. By the end of 2024, UPI accounted for 83% of the total payment volume in India. This...
The Reserve Bank of India (RBI) reported progress in its Unified Lending Interface (ULI) initiative. The ULI pilot, which began in August 2024, has enabled banks to disburse...
The Government of India has announced an increase in its food subsidy bill for the upcoming fiscal year. The estimate suggests a rise of approximately 5 per cent,...
The landscape of global supply chains is undergoing changes. Factors such as climate change, geopolitical tensions, and advancements in technology are reshaping how countries approach manufacturing. A recent...
The Government of India announced overhaul of its medical device regulation system. This initiative aims to establish a uniform classification for approximately 1,178 medical devices, categorising them based...
The Economic Survey is a very important document in India's financial landscape. Released annually by the Ministry of Finance, it provides an in-depth analysis of the country's economic...
The Indian rupee has faced challenges in recent months. In December 2024, it reached an all-time low against the U.S. dollar, breaching the 85 mark. This depreciation of...
The ongoing farmers' protests at the Punjab-Haryana border have garnered attention as the Samyukta Kisan Morcha (Political) recently declined to engage with a Supreme Court-appointed committee. This committee...
The emergence of agentic AI represents shift in the technological landscape. By 2027, it is anticipated that half of the companies utilising generative AI will have initiated projects...
The real estate industry is undergoing transformative changes. Recent shifts in demand and capital markets have disrupted traditional practices. The need for liveable, sustainable, resilient, and affordable spaces...
