Bhutan central bank’s desire to take cash digital could create opportunities for blockchain-based decentralised finance. It may leave people happier than they are now.
Survey says that while demonetisation brought digital payments into mainstream, GST enabled it further, but it is the Covid-19 pandemic that has really accelerated it.
Value of UPI transactions reached all-time high June as people feared handling banknotes amid the pandemic. Electronic fund transfers have also rebounded.
Modi govt's overnight, ill-conceived, egotistic decision that left lakhs of people jobless and paralysed India’s informal economy 3 yrs ago may just give some returns.
In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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