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sahilbaid

India’s Foreign Direct Investment(FDI) to be accumulated to whopping $100 billion by the end of this fiscal year.

India is on track to attract $100 billion in foreign direct investment (FDI) in the current fiscal on account of economic reforms and ease of doing business, the government said on September 24, 2022. In 2021-22, the country received the “highest ever” foreign inflows of $83.6 billion. “This FDI has come […]

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Depreciating Rupee.

The Indian rupee on 22 September fell to all-time low of 81.20 against US dollar in early trade on the back of US Treasury yields climbing to fresh multi-year highs and dollar demand from importers. Currently the rupee had suffered its biggest single session percentage decline since February, due to […]

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National Logistics Policy.

National logistics policy was initially mentioned in 2020 by Finance Minister Nirmala Sitharaman in her address regarding the budget. The government claims that there are efforts on to implement an integrated and technologically enabled approach to logistics operations, which will be effective throughout the entire process and be useful in lowering logistics costs […]

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What does ‘Moonlighting’ mean?

The majority of IT firms have strengthened their opposition to moonlighting and threatened to fire employees who are found to be working two jobs. Moonlighting could be viewed as unfair competition if an employee’s contract stipulates non-compete restrictions and exclusive employment. Significant IT business, Infosys, has cautioned its employees against […]

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International Day of Peace.

In 1981, the United Nations General Assembly declared the third Tuesday of September as International Day of Peace. This day coincided with the opening day of the annual sessions of the General Assembly. The purpose of the day was and still remains, to strengthen the ideals of peace around the […]

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How UPI is a financial revolution.

United Payment Interface (UPI), a term unheard or unbelieved until April 2016, but in Modern India, UPI is the flag-bearer of the ongoing Financial Revolution. From a tea vendor selling a Rs 10 Cutting Chai to a showroom with a pricey product range, a large section of our society has […]

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Inflation and its types.

Inflation is a general progressive elevation in the prices of services and goods within the economy. It denotes the rate of prices’ elevation within a specific duration. Inflation reduces the purchasing power of money since every unit of currency buys lesser services and goods. Generally, when inflation occurs, the income usually […]

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Reducing India’s Forex reserves.

India’s forex reserves are at an alarmingly low stage and have dropped with the aid of 23 months of use. For the week ending September , India’s overseas foreign exchange (forex) reserves fell to $553. The lowest level in over a year, consistent with figures from the Reserve Bank of India (RBI). The […]

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Role of ‘MSME’ sector in Indian Economy.

MSME has introduced in the year 2006 in India. There are still some service sector that was not yet included in this sector was included in the definition of the Micro, Small and Medium-sized Enterprises making a historic change to this Act.  The MSME sector in India gave a major boost to the […]

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First step to become a major semi-conductor hub by India.

A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a Memorandum of Understanding with the Gujarat government to set up a semiconductor and display manufacturing unit in the state. Semiconductor chips, used in cars, mobile phones and other electronics devices, are not manufactured in […]

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What is Business Process Outsourcing (BPO)?

Business Process Outsourcing (BPO) is the delegation of the Ownership, Administration, and Operation of a process to a third party. Many people see it as an evolution from Information Technology Outsourcing (ITO). Business Process Outsourcing (BPO) is the delegation of one or more IT-intensive business processes to an external provider […]

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What is “SETU” initiative by GoI.

In a bid to connect Indian startups with the US-based investors, SETU programme (Supporting Entrepreneurs in Transformation and Upskilling) has been launched by Union Minister Piyush Goyal.  SETU will act as a bridge between American and Indian companies. The start-up will help entrepreneurs in upskilling, transforming and leveraging the success […]

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