Month: November 2022

Recession Ties are Strengthening

Recession Ties are Strengthening – What Should You Do?

Finally, the holiday season – December is about to begin. Companies are setting up the tables by sending marketing e-mails, restaurants are giving out discount coupons, and people wishlist their favourites to buy this holiday season.  Even if the scenario is the same, a few things are different this year. The economies worldwide are slowing …

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Digital Banking Unit

Digital Banking Unit – An Extension of Digital Banking

The government has recently launched the Digital Banking Unit to strengthen India’s banking ecosystem. How will it benefit the existing banking space? Let’s explore! What’s Happening? In the past few years, the government has taken steady steps towards digitalising various processes in India. Among many, digitalising banking transactions and making banking facilities available to every …

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indian mobile supermarket

Why is India’s Smartphone Market Tumbling?

In Q3FY22, India’s smartphone market tumbled by 10% to a 3-year low. What might be the reason behind this? Let’s find out. What’s Happening? When it comes to using phones, everyone prefers a smartphone. The government consciously encourages producers to manufacture smartphones in India through its Production Linked Incentive Scheme. The result of the scheme …

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UPI Transactions

Are UPI Transactions Leading India Towards Cashless Economy?

UPI Transactions in India are touching new highs every month. But are these transactions truly leading India towards a cashless economy? Let’s find out! What’s Happening? Unified Payments Interface (UPI) transactions touched a new high of 7.3 trillion in October 2022. This is an increase of about 75% over the same period last year. However, …

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