The report highlights that the emergence of new fintech players, supported by Non-Banking Financial Companies (NBFCs), has led to greater penetration of consumer credit, thereby accelerating the growth of unsecured loans
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In India, small businesses face significant safety and data security risks like cyber threats, such as phishing, malware and ransomware
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In the financial year 2024, the Centre allocated Rs 1.30 lakh crore in the form of capital expenditure (capex) loans to the states
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The buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks
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As the country has registered a relative dip in the consumer price index (CPI) inflation in the past two months, there are concerns regarding the fading of favourable base effect going ahead
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The State Government claims to have secured a significant investment of Rs 2000 crore at the Tiruchirapalli which will create around 5000 jobs in the district
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The reserves have been on an upward trend for some time. In 2024 alone, they have risen by over USD 65 billion cumulatively
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Initially, India had in early December 2023 prohibited the export of onions till March 2024
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