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Festive Boom: India's Soaring Consumer Spending Fuels Economic Growth

India experiences a vibrant festive season marked by a surge in consumer spending, notably in online sales, digital transactions, and bank loan demand. These trends, coupled with robust manufacturing activity, contribute to India's rapid economic growth and strong consumer confidence, positioning it as a standout among major economies. Read on to learn more.

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Festive Boom: India's Soaring Consumer Spending Fuels Economic Growth

India experiences a vibrant festive season marked by a surge in consumer spending, notably in online sales, digital transactions, and bank loan demand. These trends, coupled with robust manufacturing activity, contribute to India's rapid economic growth and strong consumer confidence, positioning it as a standout among major economies. Read on to learn more.

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Digital Giants Face Scrutiny for Anti-Competitive Practices Affecting Consumers

In recent times, the digital advertising landscape has witnessed growing concentration, with major tech players facing scrutiny for potential anti-competitive practices. The Competition Commission of India (CCI) penalized Amazon for such actions, and ongoing investigations into Google and other giants highlight the need for regulatory intervention to safeguard competition and consumer interests

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Digital Giants Face Scrutiny for Anti-Competitive Practices Affecting Consumers

In recent times, the digital advertising landscape has witnessed growing concentration, with major tech players facing scrutiny for potential anti-competitive practices. The Competition Commission of India (CCI) penalized Amazon for such actions, and ongoing investigations into Google and other giants highlight the need for regulatory intervention to safeguard competition and consumer interests

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Mudra: The Bania Community’s Innovative and Useful Credit Lending System

Mudra, the innovative credit lending system developed by the Bania community in India, embodies adaptability and personal relationships. This informal model has transformed economic landscapes, particularly in underserved areas, fostering entrepreneurship and contributing to India's inclusive development. Read on to learn more about this unique credit lending system.

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Mudra: The Bania Community’s Innovative and Useful Credit Lending System

Mudra, the innovative credit lending system developed by the Bania community in India, embodies adaptability and personal relationships. This informal model has transformed economic landscapes, particularly in underserved areas, fostering entrepreneurship and contributing to India's inclusive development. Read on to learn more about this unique credit lending system.

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India Seeks to Equate Domestic Carbon Pricing with EU's Carbon Border Adjustment Mechanism

India is working on a domestic carbon pricing solution to align with the EU's Carbon Border Adjustment Mechanism (CBAM), a border tax on imports based on carbon emissions. This move aims to offset potential negative impacts on Indian businesses and ensure fair competition in the EU market. The implementation may involve a carbon tax or cap-and-trade system, signaling a shift toward sustainability

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Manufacturing Sector to Receive Major Boost with PLI Scheme

India aims for a manufacturing boost through the Production-Linked Incentive (PLI) scheme, earmarking Rs 1.9 lakh crore across 14 sectors. Geared toward attracting foreign investment and fostering domestic champions, the scheme faces challenges of cost competitiveness and infrastructure gaps. Industry experts express optimism but stress effective implementation and addressing key hurdles.

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What are Canada’s top exports to India?

The escalating tensions between India and Canada pose a potential threat to their robust bilateral trade, valued at nearly $12 billion in 2022. With India relying on critical imports like fertilizers from Canada, any disruption could impact sectors such as agriculture, raising concerns about economic repercussions. As the diplomatic rift unfolds, the challenge lies in finding amicable solutions.

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