Finance
India’s Q4FY21 current account deficit widens to $8.1 bn
India's current account deficit widened to $8.1 billion in Q4FY21 from a deficit of $2.2 billion in the preceding quarter.
On a YoY basis, the...
India’s consumer digital economy to touch $800 bn by 2030
Driven by online shopping across the spectrum, India's consumer digital economy, which was pegged at $85-90 billion in CY20, is expected to become an...
RBI raises average base rate for NBFC-MFI to 7.98%
The Reserve Bank of India (RBI) has fixed the average base rate for NBFC-MFIs to be charged from their borrowers at 7.98 percent for...
Cryptocurrency-related cyberattacks grew by 192%: Report
As the price of bitcoin increased by almost 400 percent, cryptocurrency-related email compromise attacks increased by 192 percent between October 2020 and May 2021,...
Credit guarantee scheme for facilitating MFIs loans announced
The government on Monday announced a new credit guarantee scheme that will facilitate loans to 25 lakh people through microfinance institutions (MFIs).
The announcement was...
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