RBI Launches Digital Currency; How Is It Different From Cryptocurrency And UPI?

RBI Launches Digital Currency; How Is It Different From Cryptocurrency And UPI?

Reserve Bank of India (RBI) launched the first pilot of the digital rupee on November 1, 2022 The project focuses on the settlement of secondary market transactions for government securities. As per the statement by RBI, Digital Rupee will also be used for retail transactions soon.  The Central Bank of India commenced the pilot launch […]

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Global Uncertainty And Economic Slowdown: How Well Is India Performing?

Global Uncertainty And Economic Slowdown: How Well Is India Performing?

To know how well the country is performing in terms of economic growth, GDP plays a crucial role. The Gross Domestic Product (GDP) is a measure used by economists to assess the health of the economy. Growth in GDP numbers represents that the wealth of the country is in good condition. And the negative growth […]

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Rise of Gautam Adani 4th Richest Person In The World

Reasons Behind The Strategic Rise of Gautam Adani: 4th Richest Person In The World

Highlights:  The six listed firms of the Adani Group had a gross debt of ₹2,30,900 crore as of FY22-end. Net debt after accounting for cash in hand was approximately ₹1,72,900 crore. “In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation […]

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