In a significant move for India’s digital payment ecosystem, the Reserve Bank of India (RBI) has allowed the National Payments Corporation of India (NPCI) to increase transaction limits for person-to-merchant (P2M) payments made through the Unified Payments Interface (UPI). This decision reflects RBI’s commitment to meet evolving user needs and support smoother digital transactions in the …
The risk posed by US tariffs have prompted the Asian Development Bank (ADB) to reduce its growth forecast for India. In FY26, the economy is expected to grow by 6.7%, instead of 7%. In its April 2025 outlook report, the ADB also noted that global economic uncertainty could slow down investment projects in India. This …
Many villages in India still struggle with power cuts and weak electricity. But now, things are changing. Thanks to solar startups, even the most remote areas are getting clean, steady electricity through solar power. From handloom weavers to farmers, many people are now using solar energy to power their work. These changes are not just …
The Reserve Bank of India (RBI) wrapped up its first Monetary Policy Meeting (MPC) for the Fiscal Year 2025-2026, which took place from April 7 to April 9, 2025. The April RBI policy meeting takes place against the backdrop of escalating global trade tensions, fueled by tariff increases in the US, which have raised concerns …
A CRISIL research note has indicated that US tariffs will negatively impact profitability for Indian companies. This was shared widely on social media channels. As per its information, US tariffs will especially affect micro, small, and medium enterprises in India. Role of MSMEs in India’s Economic Growth Micro, small, and medium-sized enterprises (MSMEs) are crucial …
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points (bps) in its April Monetary Policy Committee (MPC) meeting held on April 7, 8, and 9. The decision was taken to support economic growth while keeping inflation in check. The new repo rate is set at 6%, effective immediately. Here are …
In a boost to India’s growing semiconductor space, Bengaluru-based startup Calligo Technologies has raised $1.1 million in Pre-Series A funding. The round was led by Seafund and Artha Venture Fund, and will support the company’s next stage of growth—developing its second-generation semiconductor chip and scaling up its operations. Powering the Next Phase of Chip Development …
The Reserve Bank of India (RBI) has received prestigious global recognition. Global Finance has named it the Most Innovative Financial Institution in its 2025 Innovators list. The central bank announced this achievement in a post on X, formerly known as Twitter. This makes the RBI the first central bank to win this significant award. Recognition …
In a smart and swift move, Apple flew 5 cargo flights packed with iPhones and other gadgets from India and China to the US in just three days. This rapid shipment was a strategic response to looming Trump tariffs that threatened to raise the cost of imported electronics by 10%. The move highlights how Apple …
GDP per capita is a widely used economic indicator that measures the average economic output (GDP) per person in a country. It is calculated by dividing a nation’s total gross domestic product by its population. This metric offers a clearer picture of individual prosperity and is often used as a benchmark to compare the economic …
