The government has said it will carry out ‘business as usual’ post Brexit, but it remains to be seen whether that will work out.
UPI was downloaded more than 17 million times within two months of launching, and transaction values jumped 18 times between November and January.
Post demonetisation, the government has been focusing on increasing digital payments and even incentivising people to move away from cash payments.
The cryptocurrency is now starting to challenge gold as the investment of choice.
The Reserve Bank of India last month allowed banks to make AT1 coupon payments from statutory reserves, a move analysts said was aimed at easing pressure on banks to service coupons on the bonds.
According to the poll of over 25 economists, the inflation rate for February rose to a three-month high of 3.58% from 3.17% in January.
Thiruvengadam from Tamil Nadu has diversified from simply cultivating paddy to growing vegetables and selling saplings to increase his income.
Mangal Singh continues to display the potential to install many of his turbines, which can lead to a useful reduction in greenhouse gas emissions as well as costs.
Modi, under pressure to create millions of jobs, wants steel to contribute heavily to the government’s target of raising the share of manufacturing in the economy to 25% by 2022
At the Barefoot College in Tilonia, Rajasthan, women with little or no formal education can learn livelihood skills and play a leadership role in their communities.
The re-monetisation exercise should be completed in two to three months, RBI deputy governor Viral V. Acharya said on Monday.
Pathankot pushed things into motion and the home ministry made things worse by adopting a blinkered approach that didn’t take the views of other government departments on board.
The signature shore-operated lift nets – or ‘Chinese fishing nets’ – at Fort Kochi in Kerala are now a barely-viable source of income for fishermen.
Indian shares rose on Monday, with the NSE index moving close to breaching a key psychological level of 9,000, on hopes the ruling BJP would win the ongoing elections in UP.
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The Goods and Services Tax (GST) has missed several launch dates. On Saturday, Finance Minister Arun Jaitley said the measure is on track for a rollout from July 1 with the bills set to be discussed in parliament after it reconvenes next week.
While online taxi companies may simply be reproducing old exploitative structures, the question that seems to have been forgotten is: What kind of public and private transportation system does India want?
The entry of Chinese players into the market in the 1990s selling cheap hosiery dealt a severe blow to a once-thriving industry in eastern Uttar Pradesh, made worse by the rise of cotton prices and non-inclusion of weavers in economic policies.
Black money may be funnelled away in tax havens, but it is all controlled out of London, where Indian and other billionaires are happy to be based.
In the twelfth episode of Jan Ki Baat, Vinod Dua discusses the GDP numbers for the financial quarter affected by demonetisation, the debate around nationalism, and a BJP leader’s arrest for being involved in child trafficking.
J.S. Deepak’s transfer may have been prompted by his conflict with Reliance Jio and TRAI and reflects poorly on an already controversial, crony capitalism-prone sector.
Sharp estimate revisions, channel stuffing and the hypothetical schism between formal and informal sector growth. What makes sense, what doesn’t and what is perhaps slightly questionable?
While an important measurement, GDP is far from adequate to judge a country’s economy and socio-economic conditions.
The ‘drought fighter’ helps reduce fuel consumption, making crop cultivation cheaper and more efficient.
The RBI official has proposed creating “bad bank”-type institutions to buy and restructure stressed loans, along with an approach to banks and defaulters that he called “tough love.”
Has the government simply kicked the can down the road?
Residents of Hesatu village have raised a thriving forest over 365 acres of wasteland without intervention from the state or civil society organisations.
Forcing people to use digital payment methods will require the government to increase the cost of using cash, which will be a greater burden for the poor.
Discussion on serious economic challenges currently faced by India is either absent or trivialised in this year’s Economic Survey.
Concerns remain over the impact of RCEP negotiations on public health and access to medicines.
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Sustainable buildings don’t just make environmental sense. There are potentially large economic gains to be had from more efficient use of resources. This includes increased employment, increased productivity and less need for government subsidies.
Why was the Delhi police and not a national investigation agency roped in to probe what may be the first publicly-known misuse of biometrics by an authorised agency?
From Paytm to UID – from the Ministry of Corporate Affairs to leading insurance and telecom companies – India Inc and the government are prone to poor design choices and sloppy programming.
Partha Pratim Boruah used Facebook Live to document police highhandedness on February 12, following which he was arrested on February 14.
Both the Indian media and policymakers seem to have accepted the report’s findings and recommendations without even a whimper of nuanced discourse about the report itself.
The historic Tamil Nadu Agricultural University’s vice chancellor spoke to The Wire about the state of Indian agriculture and what Indian youth and the government can do to improve things.
Farmer suicides and hunger deaths plague flagship village of SP government.
The rationales behind the surprise move – targeting black money, terror financing and building a cashless economy – have all failed to elicit results. Why then was this exercise undertaken at all?
Yucatán state of Mexico has become a new energy frontier in the country, while the indigenous population is fearful of losing out on their livelihoods.