First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution

It is an unending saga of gross negligence despite the services sector being the main driver of India's growth story; contributes the most to GDP and is arguably the largest employer too

In less than four years, PhonePe has emerged as the leader in UPI transactions, neck-and-neck with Google Pay, leaving behind Paytm and others. But where is the revenue model?

Top-down reforms since the demonetisation of 2016 have already derailed the economy and brought misery to millions, yet the great zeal to do more of the same amidst protests from several segments of population demonstrate that the intent is far from public welfare

Scores of Lakshmi Vilas Bank customers have gone on panic mode since the moratorium was imposed; Manoharan says the bank has made adequate measures to provide cash to all customers within the prescribed limit

As India marches from one economic disaster to another, policy and planning appear to be victims of whims and fancies as and when they strike

This is a nebulous idea designed to mean anything and everything under the sun without the burden of economic logic, facts and evidence

The drug firm has earmarked digital adoption and resilient operations as first of the key priorities for the coming quarters to achieve sustained growth

India's digital payment market, which stood at around Rs 2,162 lakh core in 2019-20, is expected to grow over three-folds to Rs 7,092 lakh crore by FY25, says RedSeer Consulting

Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to buy gold after 2016 noteban

Prescriptions from top experts in business, economics, politics and taxation

Terming the decision with the right intention but a wrong policy, the PCI says the decision is going to impact the whole digital payment industry as well as investments.

In July this year, PhonePe had received a fund infusion of about Rs 698 crore from its parent firm

Rajan pointed out that extreme centralisation, coupled with lack of empowered ministers and a coherent guiding vision meant reforms picked up steam only when PMO focused on them and lost pace when its attention switched to other pressing issues

The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health

The lure for people to use Jan Dhan Yojana accounts is the attached benefits, which includes no requirement to maintain any minimum balance, a RuPay debit card with overdraft of Rs 10,000 and accident insurance

In the end, we need to understand that the absolute elimination of cash is near to impossible in a big country like India however a substantial digital economy is possible

Sixteen CEOs and economists lay out a roadmap to revive the economy

Stakeholders continue to be pessimistic due to overall economic slowdown, slump in domestic consumption and drying credit flow to developers

The NHB directive advises housing finance companies to avoid extending loans to under-construction projects that are already using subvention schemes