Business

India’s Digital Payment System ‘UPI’ Receives Global Launch at Eiffel Tower

In the present digital world, India is revolutionizing the global fintech market with its Unified Payment Interface (UPI) system. After successful implementation domestically and introduction in many other countries of the world such as UAE, now India officially launched the UPI system in a popular global tourist location Eiffel Tower in Paris, France. It has …

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Global Hydrogen Price Index: A Plan to Boost Transparency and Confidence in Green Hydrogen Industry

Currently, the world is progressing towards clean and green energy sources to strongly uphold the unfailing commitment to limit greenhouse gas emissions. India’s commitment to delivering climate change efforts is an inspiration for countries worldwide. In such a scenario the initiative to establish the Global Hydrogen Price Index (GHPI) must prove to be a boon …

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India’s Vibrant Startup Ecosystem Experiencing Proliferation of Innovation across the Strategic Sectors

 Indian Startup ecosystem has grown exponentially since its inception as it expanded from about 340 to more than 1,15,000 between 2016 and 2023 after the launch of the Startup India Initiative under the Department for Promotion of Industry and Internal Trade (DPIIT) in 2016. It has witnessed a dynamic startup ecosystem encouraging the essence of …

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‘Auto PLI Scheme’ Ensuring Reasonable Safeguards Amid Economic Uncertainties

The world is witnessing slowness and uncertainty in the economic behavior of the Automobile and Auto Components Industry. As a result, the market is facing difficulty in combating the uneven pattern of demand and supply chain affecting trading badly. To counter and overcome the prevailing economic challenges of the auto industry, the Government of India …

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Higher Taxes on Alcohol and Sugar-sweetened Beverages to Incentivize Healthy Behaviours

The healthier population promise holistic growth as it eases the burden on the healthcare system while contributing more towards socio-economic well-being. It is time to incentivize healthy behaviours among individuals as over 8 million deaths globally take place due to unhealthy dietary choices while 2.6 million deaths are accounted to alcohol consumption annually. To keep …

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Agriculture is the most affected Sector by Climate Change is Unfolding new Food Security Threats

Agriculture is an important sector that rotates the global economy and fulfills the needs of global citizens by having seamless access to nutritious, safe, and sufficient food to achieve a healthy and active lifestyle. But, it is also one of the major contributors to greenhouse gas emissions posing a new threat to the global food …

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Indian Horticulture Sector Shows Record Efficiency and Enhanced Productivity with Steady Growth Pattern

The Horticulture sector is a valuable part of Indian Agriculture and constitutes around 33% of the Gross Value Added (GVA). This makes it an important contributor and significantly indicates the government’s effort to provide policy support to boost the productivity and efficiency of the sector leading to gradual growth over the years. The Ministry of …

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BIS Approved EV Charging Connector Standard Are Ready to Revolutionize the Global EV Industry

The Bureau of Indian Standards (BIS) has authorized the use of nationally developed EV charging connector standards designed for two and three-wheelers and microcars in the Light Electric Vehicles (LEV) category. The revolutionary standards are developed in a joint effort with the Indian think tank body, NITI Aayog, the Department of Science and Technology, and …

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India’s Renewable Energy Sector is Becoming a Leading Force in Global Renewable Energy Manufacturing

India is realizing the hidden potential of renewable energy sources to support the rising demand for energy to complement its diverse needs. The Government of India has promoted the use of the latest technologies powering the growth of the renewable energy (RE) sector assisted with the transformation-based pioneered solutions to produce green employment assets. India’s …

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GRAP Stage II: New Delhi is Ready to Respond to Worsening Air Quality with Stringent Measures

The air quality of the National capital New Delhi and its surrounding NCR region once again reached the ‘Very Poor’ category (301-400). The multiple reasons adding fuel to the poor air quality in and around the national capital, such as higher emissions through snarling traffic on busy Delhi roads, paddy straw burning from farms of …

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