#India

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 […]

Rate this:

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 […]

Rate this:

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 […]

Rate this:

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 […]

Rate this:

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 […]

Rate this:

All about INS Vikrant.

India got its first Indigenous Aircraft Carrier with Prime Minister Narendra Modi commissioning INS Vikrant in Kochi, marking a significant step towards strengthening the ‘Aatmanirbhar Bharat’ goal in the strategic sector of defence. The Vikrant has 76 per cent indigenous content, which includes combat management system, electronic warfare suite, data network, and […]

Rate this:

India to be next global SaaS capital.

The Indian IT sector continues to charge ahead on its trajectory of growth and transformation, with SaaS (Software as a Service) setting the stage for the next wave of disruption, according to a study.  India is home to about 100-plus unicorns across different segments with an accelerated pace of entrepreneurship […]

Rate this:

RBI heading to curb prevailing inflation.

In the august meeting of the committee of the apex bank, the Reserve Bank of India (RBI) hiked the repo rate by 50 basis points to 5.4 per cent, its third hike in the current financial year continuing its fight to tame stubbornly high inflation. The decision of the six-member […]

Rate this:

Jaipur : The Pink City of India.

The capital of Rajasthan, the largest state in the country, Jaipur is all about its glorious history. It is also widely known as the Pink City. The name is derived from the fact that the erstwhile area of Jaipur which is now the area around the HawaMahal, was built of […]

Rate this:

Vande Bharat : India’s Indigenous bullet train.

Indian Railways is developing its own super-fast train by increasing the speed of the locally made Vande Bharat Express in a phased way to match those running in European nations. The railways plans to increase the speed of the new version of the Vande Bharat Express train to 180km per […]

Rate this: