The benefits of the scheme includes the "building of a robust digital payment ecosystem", and to "promote UPI Lite and UPI 123Pay as economical and user-friendly digital payment options", the government said.
In today’s edition of Moneycontrol Pro Panorama: China could dictate oil prices in 2023, market predictions for 2023 is sombre, India’s steel demand is back on track, Budget 2023 case for lowering tax rates, and more
After beating most Asian and emerging market peers last year, India’s $3.4 trillion stock market is already overshadowed in 2023 as China’s reopening attracts global funds to the North Asian market after a record selloff.
Most refiners in the world's second-biggest consumer of the precious metal have suspended operations and are struggling to honour long-term supply contracts with miners, they said.
The bidding process is part of a first phase of a $2 billion incentive plan announced last week to boost use of green hydrogen to cut emissions and make India a major exporter in the field.
India will continue to climb the rankings of FDI destinations in 2023 and the long pending inclusion of Indian bonds on global indices will fill a gap left by the exclusion of Russian bonds, ING has said
The Budget will have to manage the difficult exercise of continuing on the path of fiscal consolidation while ensuring that capital expenditures are prudently increased
‘In Graphic Detail’ is a special series of data stories covering the Union Budget's key elements over a short and long-term period
Composite materials or fibre-reinforced plastics help in circular economy as these are manufactured by combining multiple materials with different properties.
Aligned with the Government’s vision for sustainable, efficient and affordable logistics, Volvo and Eicher are committed to the rapidly modernizing Indian logistics ecosystem through application-specific alternate fuels & smart support solutions
This is because of India's strong "macroeconomic fundamentals", Narendra Modi said while virtually addressing the inaugural function of the 7th edition of 'Invest Madhya Pradesh-Global Investors Summit' in Indore.
A way has to be found to resolve the debt problems that are now emerging for the world’s most vulnerable
The Budget should opt for uniform rates of import duty and low, enforceable rates of tax on income in the hands of earners and sophisticated mining of data to widen the tax base
Also, the budget needs to address pressing concerns over unemployment, inflation, rising inequalities in income and wealth, growing concentration in industry and distress in the MSME sector
Sovereign green bonds are issued by governments to raise resources to support climate-related or environmental projects. However, investors may need clarity on aspects such as interest rates, liquidity and trading.
As per IIM-A's Business Inflation Expectations Survey, one-year-ahead inflation expectations of Indian companies declined by 6 basis points from October to 4.7 percent in November
Pursuing a simple idea ferociously is the key to success in business and investing
Recession, a prolonged war, energy shock, high interest rates leading to demand destruction and corporate earnings falling are the key themes in most 2023 market projections
To save Himalayan towns from further deterioration, and future disasters, the focus needs to be on sustainable development and not aggressive unplanned development
Minister of Commerce and Industry Piyush Goyal, who is in the US on an official visit, held a series of meetings with the CEOs of investment and financial giants in New York on Monday.
Budget 2023: The FM is expected to keep the capex tap turned on this year as well and banks will be asked to step up their financing of infrastructure and other term loans
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
India’s biggest state-run container handling facility, Jawaharlal Nehru Port Trust, lacks the 17-meter draft needed for such vessels to navigate. One facility that has said it can handle the behemoth — Mundra Port, operated by billionaire Gautam Adani’s conglomerate — has so far been skipped.
India is expected to be the fastest-growing economy among the seven largest emerging market and developing economies, the World Bank said.
Global gross domestic product will probably increase 1.7% this year, about half the pace forecast in June, the Washington-based lender said Tuesday. That would be the third-worst performance in the last three decades or so, after the contractions of 2009 and 2020.