Indian financial technology (finI tech) comprises 40 per cent of the world's digital transactions, said Prime Minister Narendra Modi on Thursday as he cited the industry as an example of people supporting economic reforms done honestly and with willpower.
Addressing a meeting by the Indian School of Business in Hyderabad, he said even during global supply disruptions due to Covid-19 and the war in Ukraine, India became the biggest growth centre in the world by getting record foreign direct investment (FDI).
This story is from the May 27, 2022 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 27, 2022 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Ailing CGHS system set for a booster
The Ministry of Health and Family Welfare recently entered into a five-year collaboration with the Quality Council of India (QCI) to upgrade the faltering Central Government Health Services (CGHS) ecosystem, focusing on a wide range of issues, including regular evaluation and quality monitoring mechanisms.
What does the NSS data imply for GDP estimates?
Just as Judas betrayed Jesus, it may well be the case that the new National Sample Survey (NSS) consumption data betrays the measurement problems in the National Income Accounts (NIA).
AT A CROSSROADS
Zee's plan to gun for growth on it own holds perils as well as promise
'Indian stock markets getting overconfident'
Indian stock markets have been on an uptrend with the Sensex crossing the 75,000 mark for the first time recently. JIM ROGERS, chairman of Rogers Holdings, tells Puneet Wadhwa in a video interview that there is too much exuberance developing in the Indian stock markets. Edited excerpts:
Bypass MFs' foreign investment limits, access wider product menu via LRS
Consider this route after developing a robust domestic portfolio
Jio-BlackRock JV to launch wealth mgmt, broking biz
Jio Financial Services, led by Mukesh Ambani, plans to venture into the stockbroking and wealth management business through an equal joint venture (JV) with US-based BlackRock.
₹hits record low amid W Asia unrest
The rupee settled at record closing low of 83.45 per dollar on Monday amid escalating tensions in the West Asia, which put pressure on Asian currencies.
SANKALP PATRA UNLOCKS INVESTMENT THEMES- Auto, steel, cement, NBFCs sweep the brokerage vote
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time.
Smallcap schemes witness easing of stress levels
Majority of large-sized smallcap schemes deployed cash amid correction in March ABHISHEK KUMAR Mumbai, 15 April Few of the smallcap schemes like that of State Bank of India (SBI), Axis and Quant showed improvement on the liquidity front in the latest round of stress tests.
Flare-up adds to headache on airlines' Europe-Asia route
Global airlines faced disruptions to flights on Monday after Iran's missile and drone attacks on Israel further narrowed options for planes navigating between Europe and Asia.
