Including the registered and unregistered ones, India has approximately 40 million Micro Small and Medium Enterprises (MSMEs) which fall under the categories of both organized as well as unorganized sectors. Contributing about 40% of the total GDP...

The Covid19 pandemic and the resulting lockdown has been adversely impacting the global economy for more than a year now and the global forecast show that we will see a 4.5 percent drop in the economic growth globally. This means that, we will...

PhonePe Account Aggregator, an entirely owned subsidiary of the PhonePe Group, has received in-principle approval from RBI to operate as an Account Aggregator (AA). The licence permits PhonePe to initiate its Account Aggregator platform...

The government will soon launch a special incentive scheme to support 75 startups in the areas of telemedicine, digital health and artificial intelligence (AI) to coincide with the 'Azadi ka Amrit Mahotsav' being celebrated from August 15...

Finance minister Nirmala Sitharaman on Wednesday has met the heads of the public sector banks (PSBs) and reviewed the financial performance and progress which is made by them in supporting the pandemic-hit economy. The minister took stock of the...

Family pensions of deceased bank employees will more than treble from now on, with Finance Minister Nirmala Sitharaman removing its cap in favour of a uniform 30 per cent slab to be calculated on the last salary drawn by the employee. With...

Newly minted crypto unicorn, CoinDCX, has joined the Advertising Standards Council of India (ASCI), a voluntary self-regulatory organisation of the advertising industry, with an aim to improve confidence and credibility of India’s rapidly...

The government is considering allowing foreign direct investment (FDI) in Life Insurance Corporation of India (LIC) to facilitate overseas investors to buy stakes in the insurer. “Discussions on structuring the...

India has overtaken the United States (US) to become the second-most sought-after manufacturing destination internationally and this was driven mainly by the cost competitiveness, according to real estate consultant Cushman & Wakefield. China...

India's GDP growth rate for FY22 is likely to be in double digits on the back of robust performance of country's tradables sector and a much smaller-than-expected decline in services activity due to pandemic disruptions this year,...