Economy

 The digitisation of payment systems has accelerated the pace of e-commerce growth and the adoption of digital modes of payment by different market players. It has led to increasing demand for payment services that offer a seamless and secure digital payment experience for participants in the e-commerce ecosystem. The market is looking for a digital […]

The National Innovation Foundation of India (NIF) has announced the launch of its unique initiative, Youth Co-Lab, to unlock the talent and creativity of upcoming innovators. The government of India has figured that start-ups are the next big thing that can lead the country towards a better future. The Youth Co-lab was launched by the

Purchasing Power Parity The Purchasing Power Parity (PPP) principle argues that currency fluctuations are in balance when their buying power is equal in both nations This implies that the currency value should be equivalent to the ratio of the two nations’ prices for a given basket of consumer goods The “law of one price” serves

About 270 million (or 27 crores) individuals in India live in poverty (2011-12). This additionally implies that India has the most considerable single centralization of the poor on the planet. It shows the graveness of the challenge. Apart from being poor, poverty also has various dimensions like hunger, lack of shelter, inability to access education,

What is Poverty? Poverty is an economic condition in which people face a scarcity of certain commodities necessary for human survival, such as money and material goods. Poverty, as a result, is a multifaceted concept with social, economic, and political implications. Poverty Line : A simple way to determine the poverty line is by the monetary

Poverty is the state of being extremely poor, and it is a situation that people want to escape. The progressive five-year plans of India have laid emphasis on the upliftment of the least fortunate of poor people. Neediness has many aspects. It must be looked at through an assortment of markers like degrees of pay

Potential GDP is one of the theoretical aspects of national income accounting which assumes that an economy has achieved full employment and that aggregate demand does not exceed aggregate supply. Output Gap : The output gap can also move in positive and negative directions, similar to GDP’s rise and fall. When the actual output is

Physical Quality of Life Index Morris David Morris created the Physical Quality of Life Index (PQLI) for the Overseas Development Council in the mid-1970s. It was formed in response to unhappiness with the use of GNP as a development indicator. PQLI is a step forward, but it still suffers from the same issues as other

Payment Infrastructure Development Fund (PIDF) is a scheme announced by the Reserve Bank of India (RBI), with a major contribution from the central bank itself, to build the quantity of multi-overlap acknowledgement devices in the country. The scheme is supposed to help the obtaining banks/non-banks and vendors by bringing down generally speaking acknowledgement framework cost.

North-East Venture Fund (NEF) is a venture capital fund based in the North East of England. It was established in 2009 and is currently one of the oldest and largest venture capital funds in the region. This guide explains everything you need to know about this venture capital fund. It is a public fund that