#BudgetWithMC | India is now a fintech powerhouse, ranked third globally! ๐๐ผ Digital initiatives like Aadhaar, e-KYC, and UPI are paving the way.
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https://www.moneycontrol.com/technology/india-emerging-as-a-fintech-nation-third-largest-fintech-economy-economic-survey-article-12774618.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India emerging as a fintech nation, third largest fintech economy: Economic Survey
The multiple digital infrastructure programmes such as Aadhaar, e-KYC and UPI have helped India become a fintech nation
#TechWithMC | By 2030, GCCs to contribute $121B to India's GDP, driven by 2,100 centers (up from 1,600 in 2023). ๐๐ฎ๐ณ
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Moneycontrol
By 2030, GCCs will bring $121 bn in revenue, driving 3.5% of Indiaโs GDP: Economic Survey
The survey quoted a PwC report, saying by 2028, the country is poised to have 2100 GCCs, up from around 1,600 in 2023.
#TechWithMC | National Deep Tech Start-up Policy addresses barriers such as limited funding, and risks associated with emerging technologies.
Read on ๐
https://www.moneycontrol.com/technology/draft-deep-tech-startup-policy-to-address-funding-infrastructure-constraints-article-12774623.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://www.moneycontrol.com/technology/draft-deep-tech-startup-policy-to-address-funding-infrastructure-constraints-article-12774623.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Draft deep tech startup policy to address funding, infrastructure constraints
The draft National Deep Tech Startup Policy (NDTSP) was released for stakeholdersโ comments in July last
#TechWithMC | Tech startups in India surge 15-fold to 31,000 in a decade! ๐๐ฎ๐ณ Over 12,000 patent applications filed by startups from 2016 to March 2024.
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https://www.moneycontrol.com/technology/tech-startups-grow-15-fold-to-31000-in-10-years-in-india-1000-added-in-2023-alone-article-12774654.html?classic=true?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Tech startups grow 15-fold to 31,000 in 10 years in India, 1,000 added in 2023 alone
Startups in India filed more than 12,000 patent applications from 2016 to March 2024, per the survey.
*Union Finance Minister Nirmala Sitharaman presented the Survey, along with a statistical appendix, in both Houses of Parliament.*
Here are the key highlights ๐
https://www.moneycontrol.com/news/business/economy/economic-survey-2023-24-here-are-the-key-highlights-12774621.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Here are the key highlights ๐
https://www.moneycontrol.com/news/business/economy/economic-survey-2023-24-here-are-the-key-highlights-12774621.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Economic Survey 2023-24: Here are the key highlights
FM Sitharaman is scheduled to present the Union Budget for 2024-25 in the Lok Sabha on July 23. This marks the first Budget of the Modi Government's third consecutive term in office.
#EconomicSurvey | India's electronics exports to US soar to $8.7B in FY24! ๐๐ป Economic Survey urges FDI from China to boost global value chain share.
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https://www.moneycontrol.com/news/business/budget/indias-net-electronics-exports-to-us-rises-to-8-7-billion-in-fy24-economic-survey-12774627.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India's net electronics exports to US rises to $8.7 billion in FY24: Economic Survey
India should attract FDI from China to benefit from the West's China plus one policy and increase the country's share of global value chains, says Economic Survey
#EconomicSurvey | ER&D GCCs in India see robust growth: ๐ Revenue tops $25B with IT function at $9.7B and BPM segment at $10.7B in FY23.
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https://www.moneycontrol.com/technology/revenue-of-erd-gccs-grows-over-30-to-25-billion-gccs-in-india-article-12774638.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Revenue of ER&D GCCs grows over 30% to $25 billion in India, shows Economic Survey
GCCs in the IT function grew by 30% to $9.7 billion, while BPM segment grew about 27% to $10.7 billion in FY23.
#EconomicSurvey | Energy demand to surge 2.5x, but green power hurdles persist: Economic Survey 2023-24 highlights ๐ฑ๐
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https://www.moneycontrol.com/news/business/economy/energy-needs-to-grow-2-5-times-but-green-power-faces-hurdles-economic-survey-2023-24-12774812.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Energy needs to grow 2.5 times but green power faces hurdles: Economic Survey 2023-24
The Economic Survey 2023-24 flags some challenges that India faces in scaling up its renewable energy capacity
#EconomicSurvey | Economic Survey praises retail investors for 'smart portfolio diversification' ๐๐ก Indian investors pivot to alternative income sources amidst lower returns in real estate and gold.
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https://www.moneycontrol.com/news/business/personal-finance/economic-survey-applauds-retail-investors-for-smart-portfolio-diversification-12774804.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Economic Survey applauds retail investors for 'smart portfolio diversification'
The pursuit of generating income from alternative sources and lower returns generated by traditional asset classes such as real estate and gold have facilitated the entry of Indian investors in the pandemic period, the Survey noted.
#EconomicSurvey envisions development of Lakshadweep Islands in Amrit Kaal Vision 2047 ๐๏ธ๐ Islands in Lakshadweep, Andaman & Nicobar, and Gujarat earmarked for decade-long transformation.
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https://www.moneycontrol.com/news/trends/travel/economic-survey-shows-development-of-lakshadweep-islands-in-amrit-kaal-vision-2047-12774556.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Economic survey shows development of Lakshadweep Islands in Amrit Kaal Vision 2047
Shortlisted islands in Lakshadweep, Andaman and Nicobar and Gujarat are proposed to be developed over the next decade, said the economic survey.
#BudgetWithMCโกLess than 24 hours to go for the first Budget of the third Modi Government!
From policy to impact, we've got you covered!
๐จCatch all the updates and analyses live on Moneycontrol at๐
https://www.moneycontrol.com/budget/
From policy to impact, we've got you covered!
๐จCatch all the updates and analyses live on Moneycontrol at๐
https://www.moneycontrol.com/budget/
Moneycontrol
Budget 2024-25: Union Budget 2024 News, India Budget 2024 Key Highlights and Updates
Budget 2024-25: Read Union Budget 2024 latest news and updates. Find all the India Budget 2024-25 Live Announcements, Budget Key Highlights, Budget 2024 expectations, income tax slabs and more in FM Nirmala Sitharaman Budget Speech only at Moneycontrol.com.
#BudgetWithMCโกLess than 24 hours to go for the first Budget of the third Modi Government!
From policy to impact, we've got you covered!
๐จCatch all the updates and analyses live on Moneycontrol at๐
https://www.moneycontrol.com/budget/
From policy to impact, we've got you covered!
๐จCatch all the updates and analyses live on Moneycontrol at๐
https://www.moneycontrol.com/budget/
#EconomicSurvey | India is positioning itself as innovation hub for Artificial Intelligence, housing 16% of the world's AI talent.
More details here โฌ
https://www.moneycontrol.com/technology/with-16-of-worlds-ai-talent-india-set-to-be-an-ai-innovation-hub-says-eco-survey-article-12774843.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More details here โฌ
https://www.moneycontrol.com/technology/with-16-of-worlds-ai-talent-india-set-to-be-an-ai-innovation-hub-says-eco-survey-article-12774843.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
With 16% of world's AI talent, India set to be an AI innovation hub, says Eco Survey
India, with its vast demographic dividend and a very young population, is uniquely situated as AI poses both risk and opportunity, the survey says
#EconomicSurvey | Annual SIP flows double to Rs 2 lakh crore in three years! ๐๐ธ 8.4 crore SIP accounts as of March 2024, constituting 35% of equity scheme AUM.
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Moneycontrol
Retail's heft rising with over 9.5 crore investors directly owning 10 percent of stocks: Economic Survey
#EconomicSurvey 2024: Govt urged to boost private sector infrastructure financing for sustained growth. ๐๏ธ Public sector vital, but private sector funding key for large-scale projects.
Read more๐ฝ
https://www.moneycontrol.com/news/business/budget/economic-survey-2024-govt-should-boost-private-sector-financing-for-infrastructure-from-new-sources-12774467.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Govt should boost private sector financing in infrastructure for continuous growth says Economic Survey 2024
Buoyant public sector investment has had a pivotal role in funding large-scale infrastructure projects in the recent years, the economic survey highlighted.
#EconomicSurvey | Over 9.5 crore retail investors now hold nearly 10% of stock market wealth, across 2,500 listed companies. ๐๐ผ
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Moneycontrol
Retail's heft rising with over 9.5 crore investors directly owning 10 percent of stocks: Economic Survey
#EconomicSurvey | Sugar export ban stabilizes prices in India amidst global volatility. ๐ฌ๐
Read more!๐ฝ
https://www.moneycontrol.com/news/business/sugar-export-ban-stablised-prices-in-india-economic-survey-2024-12774848.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Sugar export ban stablised prices in India: Economic Survey 2024
Even though the global sugar price index inflated and has been showing volatility since February 2023, domestic sugar prices have remained much less volatile,โ it added further.
#EconomicSurvey 2023-24 | Insights on Indiaโs macro economy, capital expenditure, state finances, jobs, welfare, education, and health!
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https://www.moneycontrol.com/news/business/economy/understanding-india-from-the-economic-survey-2023-24-12775124.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Understanding India from the Economic Survey 2023-24
Here are some highlights from the survey on Indiaโs macro economy, capital expenditure, state finances, jobs, welfare, education and health
#TechWithMC | ๐ฑ Bengaluru-based Stepzero Labs has unveiled oJi Cabs! The app helps commuters compare fares across multiple ride-hailing firms๐
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Moneycontrol
Now, oJi app helps commuters compare fares across multiple ride-hailing firms
oJi cabs app has partnered with multiple aggregators, enabling passengers to compare fares and book rides seamlessly.
#BudgetWithMC | ๐จ *BJP-led NDA 3.0 has announced measures around rural relief in past one month as anticipation runs high on measures to revive rural economy.*
As Modi3.0 government is all set to present the Budget, take a look at top economic announcements by Modi 3.0 since taking chargeโฌ
https://www.moneycontrol.com/news/business/budget/recap-before-budget-top-announcements-12775044.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
As Modi3.0 government is all set to present the Budget, take a look at top economic announcements by Modi 3.0 since taking chargeโฌ
https://www.moneycontrol.com/news/business/budget/recap-before-budget-top-announcements-12775044.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Recap before Union Budget: Top economic announcements by Modi 3.0 since taking charge
BJP-led NDA 3.0 has announced measures around rural relief in the past one month as anticipation runs high on measures to revive the rural economy.