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The internationalisation of the Indian rupee and the process of de-dollarization are important aspects of India’s economic growth prospect, particularly in the context of global financial dynamics dominated by the US dollar. For emerging economies like India, reducing dependency on the US dollar holds significant implications for economic sovereignty and resilience. De-dollarization, essentially, means reducing dependence on the dollar in…
Vijay Sekhar Sharma, CEO and Founder of One97 Communication, stepped down from the Paytm Payments Bank Board amid the decision to reconstitute the board. This is due to the Reserve Bank of India imposing various restrictions on Paytm Bank’s operations following its non-compliance with certain guidelines laid down by the RBI, and audit reports by external auditors show non-compliance and…
Groww stands out as a torchbearer of innovation and accessibility in the Indian fintech landscape. Founded in 2017 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww has transformed the investment method by way of simplifying transactions and empowering retail buyers. Here is the Groww’s epic success stories, exploring its founder’s ideas, rapid growth, strategic plans, and the…
In recent years, the fintech industry has seen a surge in innovation and growth, as new players enter the market and disrupt traditional finance One such company that has taken the industry by storm is CRED. Founded by Kunal Shah in 2018, CRED is a digital platform that rewards credit card users for on-time payments. In just three years, the…
When we travel anywhere in India, the first thing everyone looks for is a hotel room to stay and rest in. Earlier, the hotel industry was non-standard and uncertain, as we did not know about the exact charges charged by the hotel, the hygiene standard of the hotel, the location of the hotel, or the experiences that we went through.…
Byju’s is an Indian ed-tech company that has risen to prominence in the global edtech landscape. Founded by Byju Raveendran in 2011, the company initially started with an online coaching platform for competitive exams like CAT, GMAT, and GRE. However, it soon expanded its focus to K-12 education, offering interactive learning solutions for school students. Rise of BYJU’S as a…
White hydrogen, also known as green hydrogen when produced using renewable energy sources, is garnering increasing attention globally as a key player in the transition to a sustainable energy future. This hydrogen variant is produced through electrolysis, a process that separates water molecules into hydrogen and oxygen using electricity, typically sourced from renewable sources like solar or wind power. In…
The gig economy in India is experiencing a significant transformation in 2024, driven by technological advancements, changing work preferences, and evolving market dynamics. With a burgeoning population of digital natives and increasing internet penetration, India has emerged as one of the world’s largest and fastest-growing markets for gig workers. As of 2024, statistics reveal a remarkable expansion of the gig…
Investor Risk Reduction Access (IRRA) is a comprehensive platform designed to empower investors with the tools and insights necessary to mitigate risks and make informed investment decisions in today’s dynamic financial landscape. Tailored to meet the diverse needs of individual investors, institutional fund managers, and financial advisors, IRRA serves as a trusted resource for navigating the complexities of the investment…
The Production Linked Incentive (PLI) scheme is a government initiative pointed towards boosting domestic manufacturing in specific sectors by providing financial incentives to manufacturers. Under this scheme, eligible companies receive incentives based on the incremental sales of products manufactured domestically. PLI scheme launched to make India realize its potential growth simultaneously creating employment opportunities and promoting the manufacturing sector. As…