Amidst the global surge in startups, India is emerging as a powerhouse of entrepreneurial endeavors, with a significant contribution from women entrepreneurs. This transformation in India’s startup landscape highlights the resilience and determination of women who are reshaping the narrative of entrepreneurship in the country. India’s startup ecosystem, currently ranked as the third-largest globally, is…
According to a recent report by Jefferies, an investment banking and capital market firm, Indians spend nearly twice as much on weddings compared to their expenditures on education. The Indian wedding industry is valued at approximately $130 billion (about Rs 10.7 lakh crore), making it the second-largest market after food and groceries. Jefferies’ study, which…
The Reserve Bank of India (RBI) announced on Monday its participation in Project Nexus alongside four ASEAN countries to establish a platform facilitating instantaneous cross-border retail payments. Nexus, initiated by the Bank for International Settlements’ Innovation Hub (BIS), aims to integrate India’s Unified Payments Interface (UPI) with the fast payment systems of Malaysia, the Philippines,…
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