As resolutions under IBC 2016 and the SARFAESI Act 2002 involve major haircuts, banks and the RBI may look at tighter NPA guidelines. Read more »
UPI vs SWIFT: India has an onerous task at hand as it looks to push the homegrown UPI as an alternative to SWIFT, dominated by western countries. Read more »
The announcement of the national logistics policy is a timely step, but it needs to be accompanied by efforts to improve the country’s rail, air, road and water transport networks. Read more »
While there is general agreement on the need for big tech regulation, the powerful digital firms are resisting all attempts towards this goal. Read more »
India slipped to 132nd position in 2022 on the Human Development Index (HDI) from 130th with the country falling behind the global average on all four indices. Read more »
As the G7 looks to tighten the screws on Russia, Putin will lean on neighbour China and long-time ally India to import more of its crude oil. Read more »
PhonePe leads in UPI transactions with almost 50% market share, followed by Google Pay (38%) and Paytm Payments Bank (17%). Read more »
A fall in the output of paddy, maize, and pulses due to below normal monsoon may fuel inflation and cripple consumer demand during the festive season. Read more »
The Foundational Learning Study 2022 has found that 37% students in third standard have limited foundational numeracy skills, while 11% lack the most basic knowledge and skills. Read more »
Policy makers have their task cut out with climate change manifesting as extreme weather events threatening to make many cities unliveable. Read more »