NSRCEL, the incubation arm of IIM Bangalore, is shifting its strategy towards AI and deep technology, aiming to amplify its impact from hundreds of thousands to over a million entrepreneurs, supported by international partnerships and specialised centres of excellence. NSRCEL,…
A new report by Equirus projects India could hit a $20 trillion economy by 2036, provided it sustains rapid rupee growth, currency appreciation, and implements sweeping reforms across sectors to boost services-led expansion. India could reach a $20 trillion economy…
The Indian rupee regained strength following the Reserve Bank of India’s decision to end its foreign-exchange swap facility for non-resident deposits ahead of schedule, while global dollar softness supported the currency in a cautious market environment. The Indian rupee firmed…
In July 2026, Pakistan’s salaried class contributed a record Rs44 billion in income tax, surpassing three-year highs despite government rate reductions and broader fiscal reforms, highlighting increased compliance and revenue collection efficiency. Pakistan’s salaried workers paid a record amount of…
Bank of America Securities forecasts foreign currency deposits under India’s FCNR(B) scheme will exceed $80 billion, driven by faster inflows following the RBI’s early closing of its swap window and supportive policy measures to bolster the country’s balance of payments.…
A new survey reveals how India’s workforce is diversifying geographically with rapid growth in tier-2 and tier-3 cities, while technological skills, particularly in AI, are reshaping job markets and employer strategies. India’s job market is spreading well beyond its long-established…
The Reserve Bank of India actively stepped into the forex market on Monday to prevent a sharp decline in the rupee amid persistent external pressures, including rising oil prices and geopolitical tensions in West Asia, signalling a cautious approach to…
Indian bonds are expected to open weaker after the Reserve Bank of India shortened the window for diaspora deposit swaps, with rising oil prices adding to market uncertainty and potential inflationary pressures. Indian government bonds are likely to open weaker…
A NITI Aayog report highlights the potential for India’s telecom and network equipment industry to significantly boost economic growth and exports by 2035, contingent on faster policy support and reducing dependence on Chinese imports. India’s telecom and network equipment sector…
Indian semiconductor startups have seen a significant rise in early-stage funding, but the industry still faces a funding gap to support mass production and global competition, prompting government plans for long-term financing frameworks. India’s semiconductor startups are drawing more investor…
State-owned telecom operator Bharat Sanchar Nigam Ltd expands its indigenous 4G network into rural India amid mounting financial losses, highlighting the challenging balance between public service and commercial sustainability. Bharat Sanchar Nigam Ltd is pressing ahead with a wider rural…
Indian retail sales experienced a significant surge during Independence Day, signalling a confident start to the peak shopping season with strong performances across electronics, groceries, and apparel, and a notable shift towards premium products amid sustained consumer spending. Independence Day…
