business-today-360-logo

From Savings to Loans: Shifting Financial Trends in Indian Homes

In recent years, Indian households have experienced a notable shift in their financial behavior, marked by declining savings and increasing reliance on loans. This trend reflects significant changes in the economic landscape and consumer habits. Savings Patterns Indian households have traditionally relied on a variety of saving instruments, including bank deposits, life insurance, Public Provident […]

India’s Agricultural Transformation: Modi’s Shift from Farmer to Consumer Focus

In the past two years, the Modi government in India has made significant policy shifts in its approach to farm and food policy, transitioning from a focus on producers to a greater emphasis on consumers. Here’s an overview of some key changes and initiatives: Budget Allocation for Agriculture: The budget for the financial year 2023-24 […]

India’s 2024 Economic Journey: From Elections to Investments

India’s economic outlook for 2024 is a subject of considerable interest, given the country’s emerging role as a major global economic player. The forecasts and analyses from various reputable sources, such as Goldman Sachs Research, the Asian Development Bank (ADB), and the International Monetary Fund (IMF), provide a comprehensive picture of what to expect in […]

India vs China: A Comparative Study of 2023’s Economic Progress

In 2023, the economic performances of India and China, two of Asia’s largest economies, reflected distinct trends and challenges shaped by internal and external factors. India’s Economic Performance in 2023 GDP Growth and Projections: India witnessed a strong GDP growth of 7.2% in the fiscal year 2022/23. For the fiscal year 2023-24, a slight moderation […]

In-Depth Analysis: Aadhaar-Based Wage Payments in MGNREGS – A Shift Towards Efficiency or a Path to Exclusion?

The Indian government’s recent decision to mandate the Aadhaar-Based Payment System (ABPS) for wage disbursements under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has ignited a complex debate. This policy, implemented from January 2024, is being viewed through various lenses of efficiency, technological advancement, and potential exclusion of vulnerable populations. The Government’s Perspective […]

Navigating the Graduate Unemployment Crisis in India: Challenges and Initiatives

The graduate unemployment crisis in India has emerged as a significant socio-economic challenge. With a soaring unemployment rate among young graduates, particularly those under 25, the nation faces the dual task of managing immediate distress and paving the way for sustainable long-term employment solutions. Current Scenario Recent data from the State of Working India 2023 […]

2024 and the Indian Economy: Balancing Domestic Growth and Global Trends

The Indian economy in 2024 presents a complex but cautiously optimistic picture, shaped by both domestic initiatives and external global factors. Here’s a detailed exploration of the key aspects that are likely to influence India’s economic landscape in 2024: Growth Projections Stable Growth Trajectory: Goldman Sachs Research anticipates the Indian economy to sustain a stable […]

Balancing Innovation with Caution: RBI Official Urges Responsible AI Framework

Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao recently emphasized the need for a supportive regulatory framework to harness the benefits of Artificial Intelligence (AI) in the banking sector, while also remaining mindful of its potential adverse impacts on the financial system. Speaking at the 106th Annual Conference of the Indian Economic Association […]