New Delhi, April 11 – As India’s Unified Payments Interface (UPI) celebrates its 10th anniversary on Saturday, the government announced that the country now accounts for 49% of global real-time payment transactions.The instant payments system processed 21.70 billion transactions in January...
cross-border transactions
digital payments
financial inclusion
fintech
government initiatives
india
india economy
mobile payments
nbfcs
payment systems
real-time payments
remittances
retail payments
transaction volume
unified payments interface
upi
Mumbai, April 10 The conflict in West Asia may impact India's remittance flow, as one-third of the inflows from the diaspora come from Gulf Cooperation Council countries, according to Crisil Ratings on Friday.The current account deficit can be adversely affected due to a reduction in the...
basmati rice
bovine meat
ceramic products
crude oil prices
current account deficit
diaspora
export growth
gcc countries
gems and jewellery
gulf cooperation council
india
india economy
petroleum products
remittances
trade deficit
west asia conflict
New Delhi, April 10. Kenya has adopted India’s digital public infrastructure (DPI), including UPI-style instant payments and DigiLocker-style digital document storage, to supercharge its governance structure, a new report has said.Kenya’s administrative system, plagued by bureaucratic delays...
digilocker
digital commerce
digital identity
digital payments
digital public infrastructure
financial inclusion
governance
india narrative
kenya
m-pesa
maisha namba
negd
remittances
south-south cooperation
upi
New Delhi, April 6 – Moody’s Ratings maintained India’s sovereign credit rating at Baa3 with a stable outlook on Monday.In its latest report, the agency said India’s stable outlook reflects improving fiscal indicators since the pandemic and relatively resilient economic growth compared to...
New Delhi, April 6: India's economic growth is expected to remain robust despite rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may present some challenges, data compiled by...
consumer price index
crude oil prices
current account deficit
economic growth
exports
fiscal policy
gdp
geopolitical tensions
government bonds
india
inflation
macroeconomics
oil imports
public finances
remittances
rupee exchange rate
west asia
New Delhi, March 26 The West Asia conflict could reduce economic growth in the Asia-Pacific region by up to 1.3 percentage points over 2026-2027 and increase inflation by 3.2 percentage points if energy market disruptions last more than a year, according to a research by the Asian Development...
asia-pacific economic growth
central bank policy
economic impact
energy conservation
energy market disruptions
financial conditions
fiscal support
inflation
policy response
price controls
remittances
south asia
southeast asia
supply chain disruptions
tourism
west asia conflict
India’s Economic Fundamentals Strong as Exports Hold Steady, Says Piyush Goyal
Services Growth and Stable Exports Support External Position
New Delhi, March 17: Union Minister Piyush Goyal on Tuesday said that India’s economic fundamentals remain robust, supported by steady export performance...
current account deficit
exports
foreign direct investment
free trade agreements
india economy
international trade
lok sabha
merchandise exports
msmes
remittances
services exports
trade agreements
trade relations
union minister piyush goyal
united kingdom trade pact
India could retain an estimated $113 billion in foreign currency by 2040 if it strengthens the domestic presence of foreign universities, according to a joint report released by Deloitte India and Knight Frank India on Thursday.The report states that enabling Foreign Higher Education...
IMF Backs Macroeconomic Stabilization Amid Social Strain
New Delhi, February 24: Even as the International Monetary Fund has praised Pakistan for stabilizing its economy under its ongoing support program, new data shows that poverty and income inequality have sharply worsened, raising concerns...