Business

India’s Neo-Bank Story

27/Jul/2021 13:01:26

The fintech market in India, valued at about INR 1920 billion in 2019, is expected to climb up to INR 6207 billion in 2025. India is a hungry market for Fintech start-ups, evident from the country’s 87% rate of fintech adoption, as opposed to the average global rate of 64%. This can be attributed not just to government’s initiatives, such as Jan Dh...

A look at the types of unemployment

19/Oct/2020 12:14:40

Unemployment occurs when a person who is actively searching for employment is unable to find work. This results in lower economic output. Unemployment statistics are often used as a measure of the health of the economy. Unemployment is measured by the unemployment rate i.e. the number of unemployed people divided by the number of people in the labo...

THE IMPACT OF INDIA BECOMING A MORE SELF RELIANT ECONOMY

11/Oct/2020 13:49:03

You think of being self-reliant, you think of freedom, of strength as you don't need anyone else to save you in your time of need, of not being on a vulnerable footing anymore and not having to ask someone else before you order that one expensive dress you always wanted to have. Sounds fun, right?But what if we look beyond the...

RESERVE BANK OF INDIA REPORT

19/Sep/2020 13:00:36

The Reserve Bank Of India released its annual report for FY 19-20 on 25th August. In this report, the apex bank outlined concerns regarding the Indian economy. RBI projected India's growth at -4.5% for the year 2020. The report sta...

Behavioral Economics – How to make better choices and policies

11/Sep/2020 13:04:06

What is Behavioral Economics?Imagine yourself in the following situation, you are in a supermarket and you are shopping for biscuits. There are about fifty varieties of biscuits in front of you varying in flavors, prices,...