Almost half of the micro, small and medium enterprises (MSMEs) surveyed across India prefer UPI as their main way to handle transactions and grow their business, a new report by PayNearby has revealed. The MSME Digital Index Report found that 48% of respondents chose UPI as their most preferred payment method, followed by Aadhaar-enabled banking…
India has become one of the most equal societies in the world, ranking fourth globally in income equality with a Gini Index of 25.5, according to the latest World Bank data.India stands next only to the Slovak Republic, Slovenia, and Belarus which have better income equality scores. India’s score is better than that of major…
Nehal Modi, the younger brother of fugitive businessman Nirav Modi, was arrested by US authorities following an extradition request from Indian agencies. His arrest took place on 4 July after the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) jointly requested his extradition, according to the United States department of justice.Authorities are seeking…
The Centre has directed states and local authorities to take strict action against manufacturers and sellers of sub-standard helmets in a bid to enhance road safety for India’s over 21 crore two-wheeler users. In a statement issued Saturday, the department of consumer affairs, along with the Bureau of Indian Standards (BIS), urged consumers to ensure…
Labubu fans around the world are struggling to keep up with a growing wave of fakes, known as “Lafufus,” dolls that look just like the real thing. These knock-offs are fooling even the most alert collectors, despite Pop Mart’s efforts to stop the spread. Pop Mart, the Beijing-based brand behind the popular Labubu dolls, uses…
This is an AI-generated image, used for representational purposes only India’s soft drink market is poised to recover to a growth rate of over 10 per cent in 2025, after witnessing a slowdown this year due to erratic weather conditions, according to a report by Systematix Institutional Equities. As per news agency ANI, the report…
This is an AI-generated image, used for representational purposes only. The Global Trade Research Initiative (GTRI) has raised red flags over the potential inclusion of genetically modified (GM) agricultural products in the proposed interim trade pact between India and the United States, warning that such a move could harm India’s agri-export competitiveness, particularly in the…
This is an AI-generated image, used for representational purposes only. India’s newly approved Research Development and Innovation (RDI) scheme, with a massive Rs 1 lakh crore corpus, is set to provide a major boost to private sector R&D and deep-tech startups by making long-term, affordable financing accessible for high-impact innovation projects, a senior government official…
The US president and his senior officials had initially planned to engage in tariff rate discussions with many countries. (AI image) Donald Trump’s tariff deadline: Ahead of his self-imposed deadline on reciprocal tariffs, US President Donald Trump has said that 12 countries will be getting letters Monday onwards detailing their tariff rates. It is yet…
Representative image (Picture credit: AP) As Prime Minister Narendra Modi embarks on his visit to Brazil for the 17th Brics Summit, Indian business leaders and the Brics Business Council are pushing for deeper economic integration and seamless trade within the bloc. Onkar Kanwar, chairman of the Brics Business Council, underlined that the grouping’s central aim…
