Business

INDIA RISING IN GLOBAL TOURISM INDEX 2024 HIGHLIGHTING THE SUCCESS OF ITS SUSTAINABLE AND WELCOMING TOURISM INITIATIVES

India home to diverse terrains and multiple cuisines welcomes the world with an open heart and a deep belief in the spirit of “Athiti Devo Bhava”. Over the years, substantial policy reforms have showcased India is growing as a popular destination with an extensive array of tourism and hospitality products for its domestic as well […]

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An All-time High Foreign Exchange Reserve Raising Investor’s Confidence in Indian Economy

India is achieving new heights in the global geopolitical arena while experiencing tremendous growth in global economic charts. The Reserve Bank of India (RBI) has reported the country’s foreign exchange reserves as US$ 648.56 billion during 1st week of April 2024 with an all-time high record in its history. As per the RBI data, the

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India Ranking Fourth in Digitally Delivered Service Export Surpassing Germany

In the 21st-century digital era, India gradually topping the chart in digitally delivered services as an exporter. It has bagged the fourth-largest exporter position in Digitally Delivered Services globally overshadowing Germany. India’s determination, resilience, and innovation in technology are showing advancements to strengthen the future of the Indian economy in its Amrit Kaal. According to

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Revised FDI Norms are set to accelerate India’s Space Sector

Last year brought many laurels for the Indian space sector under the aegis of the Indian Space Research Organization (ISRO). It made India one of the favorite investment hubs in the space sector promising tremendous growth and a bright future. To keep the momentum going, the Government of India recently revised the Foreign Direct Investment

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State of the Economy Report: RBI Bringing Insight for India’s Economic Outlook

Amid the ongoing global economic scenario, the Reserve Bank of India (RBI) has released its latest ‘State of Economy’ report to bring major highlights of the Indian economy through holistic coverage of economic growth, employment, the bank’s strategy for monetary management, and inflation. India has shown signs of real GDP growth in Q3: 2023-24 which

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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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