More Indians are choosing lab-grown diamonds, pushing homegrown startups to expand quickly and tap into the growing demand for affordable, sustainable jewellery, as per the latest reports. The domestic market, while still in its early stages, has seen an increase in the number of startups attempting to build a national presence. According to market reports, …
The government is on the verge of finalising the establishment of the 8th Pay Commission, which will play a pivotal role in revising the salary and pension structure for central government employees. As per news reports, the terms of reference for the commission are expected to be sent for cabinet approval by early next month, …
The Mahila Samman Savings Certificate (MSSC) is a government-backed small savings scheme designed exclusively for women and girls. Launched to promote financial inclusion and economic independence, this scheme offers a secure and rewarding investment opportunity with a fixed tenure of two years. With an attractive interest rate and flexible withdrawal provisions, it serves as a …
India’s Strategy to Address Reciprocal Tariffs India is looking to mitigate the effects of U.S. President Donald Trump’s reciprocal tariffs, set to take effect from April 2. These tariffs are expected to disrupt global markets, prompting urgent responses from policymakers. Internal estimates suggest they could impact 87% of India’s total exports to the U.S., valued …
In recent years, the Government of India has made significant strides in providing financial assistance to fishers and fish farmers to support the development of the fisheries sector. The introduction of the Kisan Credit Card (KCC) scheme for fishers, along with other schemes like the Fisheries and Aquaculture Infrastructure Development Fund (FIDF) and the Pradhan …
The National AYUSH Mission (NAM), implemented by the Ministry of AYUSH, has been at the forefront of promoting and developing traditional Indian systems of medicine. With the aim to integrate these systems with modern healthcare practices, NAM has been instrumental in delivering financial assistance and infrastructural support to various states and union territories (UTs). Over …
A recent report has shed light on a significant trend in the insurance industry. It reveals that 46% of all insurance-related grievances are coming from millennials, individuals aged between 25 to 38. This finding points to an emerging issue within the industry, particularly around the expectations and concerns of younger policyholders. In this blog, we …
India is experiencing a significant shift in the automotive sector, as the demand for electric vehicle (EV) insurance has surged dramatically in just three years. The share of insurance policies for EV cars has skyrocketed from 0.50% in FY23 to a remarkable 14% by March 2025. This surge reflects both the nation’s growing focus on …
India’s tech startup ecosystem has experienced a notable surge in funding during the first quarter of the fiscal year 2025. With a total of ₹21,395 crore (US$ 2.5 billion) raised, this marks an 8.7% growth from the same period in 2024 and a 13.64% rise from the previous quarter. These figures position India as the …
As of March 2024, unclaimed deposits across Indian banks have amassed a staggering ₹78,213 crore, marking a 26% increase from the previous year. These funds, which have remained inactive for several years, belong to account holders or their nominees who have either forgotten or been unable to access them. To address this issue, banks are …
