RBI cautions public against Prepaid Payment Instruments issued by unauthorised entities
The RBI on Thursday said Gurugram-registered TalkCharge Technologies Pvt. Ltd. having its registered office at Unit No. 323, JMD Megapolis, 3rd Floor, Sohna Road, Sector 48, Gurgaon, Haryana-122018, is issuing Prepaid Payment Instruments (Wallets) through its website and app (application) ‘TalkCharge’ without obtaining the required authorization from RBI under the provisions of the Payment and…
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Challenges to be addressed in upcoming FTP, FDIs, FIIs and Recent trends
India is on its way to increase its exports by around three times to reach the target of $2 trillion by 2030 despite the imposition of restrictions on exports of some items to rein in inflation on the domestic front and adverse geopolitical situation, Commerce and Industry Minister Piyush Goyal said on January 6, 2024.…
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Challenges to be addressed in upcoming FTP – recent trends
India faces substantial challenges in the area of trade policy—the global economic slowdown, increasing protectionism, the delayed mega-trade deals that could in time be revived, and maybe more importantly, its domestic preoccupations. Competitions: The Indian exporters are vying for export orders from the same or similar geographies without looking at prospective importers at other places…
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Challenges to be addressed in FDIs market and recent trends
There were many reasons for FDI inflows to India have remained low till lately compared to other emerging markets. Some of the major impediments for India have been infrastructure, confusing tax and tariff policies, restrictive labour laws, absence of Center–State coordination, a dormant Special Economic Zone policy and a lack of institutional reform, well-entrenched corruption,…
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Challenges to be addressed in the FII sector and recent trends
India witnessed significantly lower or negative FII flows in Calendar Years 2021 and 2022. FII flows were negative US$ 16.5 billion in Calendar year 2022. FIIs have sold large amounts of Indian shares so far despite India’s strong corporate earnings and robust macroeconomic numbers. The major concern for FII’s could be valuations as the prices…
What are the important dimensions of economic development?
There are three main dimensions of development: economic, social, and environmental. The economic dimension deals with the efficiency of economic and technological activities, fostering investment and productivity, economic growth, and economic output potential. The economic dimension informs us on how to handle limited resources well and to use them in a way that will benefit…
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