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In this issue

The International Monetary Fund (IMF) has said the Indian economy is on the path of gradual recovery. In its World Economic Outlook report released recently, the IMF has kept India’s growth forecast for 2021-22 unchanged at 9.5%, reaffirming hopes of better times for the nation. The cover story details the growth prospects of the Indian economy in conjunction with other indicators. Read on to know where the Indian economy stands as on date and what lies ahead for the country. Other informative and interesting reads in this issue include the outcome of the RBI’s Monetary Policy Committee meeting and its stance on interest rates, the impact of the minimum global tax structure on Indian businesses as well as multinational companies in India with focus on the specifics of the two-pillar tax proposition and expectations of increase in automated teller machines (ATMs) across the country in spite of immense growth in payments through digital mediums. Also covered in detail are articles on the entire debacle between retail giants Amazon and Future Retail, the RBI’s new norms aimed at increasing security of debit and credit cards, the government’s plans to monetize the toll industry, and the setting up of appropriate infrastructure to make India’s health care system digitally integrated. Read all about investing in financial products that allow investors to capitalize on the international markets, and a host of benefits offered by target maturity debt funds in the two articles in the Beyond Basics section. In the Beyond Learning section, you will find a nine-point framework by Swiss business theorist and author Alexander Osterwalder, which is a part of his book Business Model Generation. This framework offers a 360-degree understanding of a business before investing in it.

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