After over three years of negotiations, the United Kingdom and India have finalized a comprehensive free trade agreement. This deal significantly reduces tariffs on a range of goods, including a phased reduction of whisky and gin tariffs in India from 150% to 40% over ten years. Additionally, 99% of Indian exports like textiles, food, and […]
Moody’s Ratings projects India’s GDP to expand by 6.6% in the fiscal year ending March 2025. This growth is expected to bolster the profitability of Non-Banking Financial Companies (NBFCs) by fueling robust loan demand, even amidst rising funding costs. The strong economic conditions are anticipated to help NBFCs maintain asset quality despite potential increases in
In a groundbreaking move this May, the Reserve Bank of India (RBI) has greenlit the use of AI-based credit scoring models to serve new-to-credit (NTC) borrowers—especially gig workers, students, and rural citizens. Unlike traditional CIBIL scores, these AI models analyze mobile payment history, digital footprint, and utility bill payments to generate dynamic, real-time scores. 🤖📱
India has just launched its second tranche of Sovereign Green Bonds (SGBs) this May, offering investors a golden opportunity to earn while contributing to a sustainable future. These government-backed bonds are aimed at funding green infrastructure—solar parks, wind energy, electric mobility, and more. With a 10-year maturity and competitive interest rates, they’ve become a favorite
In a major leap for self-reliant navigation technology, ISRO has launched NavIC+, the upgraded version of its indigenous satellite navigation system. Unlike traditional GPS, NavIC+ offers higher accuracy for India and surrounding regions, and now it’s available on mainstream smartphones and wearables, thanks to chipset support from Qualcomm and MediaTek. 📡📱 NavIC+ is built for
BharOS 2.0 has officially rolled out this May with major upgrades in data privacy, custom app control, and 5G-native optimization. Developed by IIT Madras and now backed by government initiatives, this Android-alternative OS is designed for users who want full control over their devices—free from unnecessary apps or invasive trackers. 📲🇮🇳 One of the standout
India just witnessed the launch of its first AI-powered UPI copilot, designed to simplify and secure digital payments like never before. Developed through a collaboration between NPCI and major fintech startups, this AI assistant integrates with BHIM, PhonePe, and Paytm to help users manage transactions, detect fraud, and even suggest better bill payment timing based
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Google has made significant strides in artificial intelligence (AI) over the past year, introducing advanced models, integrating AI across its product ecosystem, and expanding into new domains. Here’s an overview of Google’s recent AI advancements: 🌟 Gemini AI Models Google’s Gemini series represents its latest in large language models (LLMs), emphasizing multimodal capabilities and agentic
