Business

Lightweight Payment and Settlement System to Keep Indian Economy’s Liquidity Pipeline Intact During Disruptions

India’s digital payment landscape is creating a buzz internationally while accounting for 46% of global real-time payment transactions in 2022. Indian digital payment systems such as Unified Payment Interface (UPI) have received international recognition and attracted frequent transactions from cross-borders such as Singapore, UAE, and France, to name a few. Other than UPI, the Indian […]

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‘AIRAWAT’ in Top 100 Global Supercomputers List, Promising India’s Potential Lead in Artificial Intelligence

India has huge potential to lead in Artificial Intelligence (AI) globally. Its highly skilled AI workforce and AI-powered startup ecosystem in the last few years have amazed the world. It has around US$ 6.4 billion AI-ready market. To support this technological quest, C-DAC, Pune has developed India’s first AI supercomputer ‘AIRAWAT’. This year, it has

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India Leading the World in Real-time Payment Transactions: A Testimony to Success of Digital India Initiative

India is leading the world in real-time transactions powered through the Digital India (DI) initiative of the Government of India. It has played a significant role in enhancing financial inclusion in the country. With the availability of various digital payment services, even individuals without traditional bank accounts can now make transactions through mobile wallets and

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ChatGPT is under Scrutiny Over Legal and Security Issues: What is the OpenAI Future?

ChatGPT is an AI-based chatbot that has made a place in the daily as well as business lives of people so fast. The application presents a language model that generates human-like text using the deep learning technique of Artificial Intelligence (AI) based on the user’s query. This has been seen as an unexpected threat to

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World Class Infrastructure Development and Environment Sustainability are Going Hand in Hand in India

India is accelerating to achieve world-class infrastructure development to achieve its US$ 5 trillion economy target by 2025. Being the key driver of economic growth, constructing and upgrading physical infrastructure on the farthest corner of the country will bring multifacet benefits for the socioeconomic development of the country. But, during this accelerated infrastructure growth, India

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How India’s Public Sector Banks are Preparing Themselves Amid Stressed Global Banking Scenario?

The recent global banking turmoil in USA and Europe has jolted the international banking system and brought lessons to test their robustness and stability. The crisis has also brought major concerns for non-banking sectors as these are largely funded by these banks and the associated liquidity shock can bring major collapse to the financed projects.

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“Shree Anna”: India’s Traditional Food, Making Place in International Cuisines

‘Shree Anna’ (Mother of All Grains) i.e., Millet, the name was given to India’s traditional staple food by the Prime Minister of India because of its enormous nutritional, health, and environmental benefits.  With India’s dedicated efforts, the United Nations General Assembly (UNGA) has declared 2023 as the ‘International Year of Millets’ to bring back the

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Will Administrative Strength to India’s Cooperative Heritage Accelerate Economic Growth?

In the last 100 years, the cooperative sector in India has made a notable contribution to the country’s economic and social development. As of March 2020, there were over 8.5 lakh registered cooperatives in India, with a membership of over 25 crore people. They occupy around 98% of India’s core rural economy and register voluminous

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India as the Most Cost-effective Healthcare Destination Creating Cross-sectoral Impacts

India’s healthcare and wellness industry has grown significantly in the last few years. The Covid 19 pandemic has proved its resilience and overarching capabilities across the globe in the tough time and added around 2.7 million additional jobs in the sector between 2017-22. To promote healthcare tourism with much more enthusiasm in the post-Covid world,

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