This “extraordinary obsession with making stuff right on the technological frontier”, as a former adviser to the Indian government puts it, sometimes leads to old-fashioned protectionism. Indian firms may be welcome to sell anywhere, but Mr Modi wants Indians to buy Indian. Import bans have be...
India's economy grew at a rate of 8.2% in fiscal year 2023-2024.2This growth was primarily due to strong demand for the country's goods and services in addition to a high level of industrial activity. The country was once a supplier of British tea and cotton. It now has a diversified ...
The current spree of FTAs by the UK government is part of its "Global Britain" strategy in its post-Brexit economy. The plan describes a tilt towards the "Indo-Pacific" region over the next decade to increase its geopolitical and economic influence. Here are some benefits...
How EY can help Payment services Our payments professionals can help your business enhance innovation, drive growth and improve performance. Find out more. Read more Technology transformation Discover how EY's technology transformation team can help your business fully align technology to your overall ...
Fiat money serves as a good currency if it can handle the roles that a nation's economy requires of its monetary unit: storing value, providing a numerical account, and facilitating exchange. It also has excellentseigniorage. It's more cost-efficient to produce than a currency that's directly...
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11. Improve your online store YourShopify Benchmarks reportscompare your store’s performance with similar businesses. If you’re consistently in the bottom 25th percentile, it’s time to upgrade youronline store. Try these tips forselling online: ...
Two years ago it was hard to find analysts who expected average GDP growth over the rest of this decade to be less than 8%. The current consensus seems to have dropped to between 6% and 7% on average. I don’t think Beijing disagrees. Afterassuringus Tuesday that China’s economy – ...
The development in Indian economy brings the question of validity of the twin deficit hypothesis. The main aim of the article is theoretical and empirical analysis of the causal relationship between the budget deficit and the current account deficit in the Indian economy from the period 1990-2013....
A digital currency would reduce the dependence on cash and reduce fraud in digital transactions. The government could use the e-rupee to improve the mechanism of directly transferring funds to beneficiaries of schemes. One feature of physical cash transactions is anonymity: there is no digital trail...