Manmohan Singh Dies At 92: Government Declares Mourning
Manmohan Singh, India’s former Prime Minister and one of the finest economists, passed away Thursday night at AIIMS Delhi at 92. He joined the Indian government as an economic advisor in 1971 in the commerce ministry. Born in 1932 in Punjab, Manmohan Singh served India as prime minister between 2004 and 2014. Manmohan Singh retired…
Shock For India Cements: MD And CEO Srinivasan ResignsÂ
India Cements MD and CEO, Mr N. Srinivasan, resigned from his post. According to the exchange filing, Srinivasan will stop working in the company on January 1, 2025. This has brought the curtains down for the 50-year-long connection of CEO, Srinivasan with the company that was co-founded by his father, TS Narayanaswami, in 1946. Other…
How to Promote Your E-Commerce Business Through Reels and TikToks
Did you know that TikTok users spend an average of 52 minutes daily on the app, while Instagram Reels have increased user engagement by 22% since their launch? These staggering statistics prove one thing: short-form video platforms are no longer just for entertainment—they’re a goldmine for marketers. For e-commerce businesses looking to amplify their reach…
Dictator Or Facilitator? Diving Deep Into RBI’s Operations
The recent activities of the banking regulator, the RBI, have surprised the world with strict policies and advanced monitoring of the country’s financial ecosystem. What happened later? India’s financial landscape sets a bar for high standards of accountability and stability in the financial markets. RBI has tightened its oversight across banking, non-banking financial companies (NBFCs),…
Indian Telecom Industry Faces A 33 Lakh Subscriber Dip
The TRAI (Telecom Regulatory Authority of India) recently released its subscription data for October 2024. This data shows a decline of 33 lakh active subscribers across the country. Including wireless and wireline, telephone subscriber count stood at 1,188.20 million until October 31, 2024, reflecting a 0.21% monthly decline rate. In addition, India’s broadband sector witnessed…
The Billion-Dollar Question: Should India’s fintech industry have a self-regulatory body? Â
The digital revolution in finance has seen unconventional growth in India, making it the fastest-growing sector globally. According to India Business and Trade, the industry is growing with a CAGR of 22%, and the fintech market is projected to reach a valuation of $150 billion by 2025. This burgeoning sector is transforming financial services for…
The Future of E-commerce: How an Affiliate Network Drives Revenue Growth
An affiliate network is basically an intermediary between affiliates (also known as webmasters) and a special e-commerce shop program. It’s convenient. Like a lot. The great thing about this very type of network is that it brings together offers from lots of different programs, so one can quickly find the right ones for this or…
The Foundation of Financial Decentralization: Bitcoin
The invention of Bitcoin in 2009 signaled the start of decentralized financial systems. Because Bitcoin is a peer-to-peer network, it does not require centralized middlemen in financial transactions. DeFi’s development was made possible by its transparent, safe, and trustless design. Bitcoin has made significant contributions to decentralized finance, including: Bitcoin inspired the creation of DeFi…
The Government Plans To Infuse Rs 500 Crore In IFCIÂ
In the second half of Fiscal Year 2024, IFCI reported a Rs 22 crore loss, with the first half losses grossing Rs 170 crore. This significantly impacted the company’s growth and financial health. The Indian Government now plans to invest Rs 500 crore into the company to improve its financial health. This move might grow…
All In, No Holds Barred: What Made Regulators Go Cranky On Fintech Industry
As the country’s fintech absorption has become more immersive, financial fraud in India has become more prevalent. Fraud has significant ramifications for the individuals involved and the entire fintech ecosystem. The damage caused by fraud undermines consumer trust, stalling further adoption of digital financial services, especially in rural and semi-urban areas where trust in digital…