Per the ‘State of India’s Digital Economy (SIDE) 2025’ report, the digital economy will account for a fifth of the economy by 2029. India ranks as the third most digitised nation globally, after the US and China. Yet, among the…
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India and the EU aim to forge a free trade agreement by the end of the year following Prime Minister Narendra Modi’s meeting with European Commission president Ursula von der Leyen. The discussions covered collaboration on trade, technology, green growth,…
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India’s NSE Nifty 50 suffered its fifth straight monthly loss, the longest streak since 1996, with the index 15% down from its September peak. Persistent foreign outflows, weak earnings, and U.S. tariff uncertainties have contributed to this decline, impacting small-…
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The central government’s fiscal deficit reached 74.5% of the revised annual target by January, up from 63.6% a year earlier, mainly due to increased capital expenditure and advanced state devolution. Despite this, analysts believe the deficit will remain within the…
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EPFO retains the 8.25% interest rate on provident fund deposits for 2024-25, benefiting over 7 crore subscribers. The rate, previously raised from 8.15% in 2022-23, reflects an income increase. Subscribers can check EPF balances via the Umang app, EPFO portal,…
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The NFRA plans to focus on auditing firms with significant listed company audits, using data analytics to detect potential issues. Chairman Ajay Bhushan Prasad Pandey emphasized the need for auditors’ independence and professionalism. Upcoming inspections of firms like Deloitte and…
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