Indian Economy News
December 08, 2022
India's April-November finished steel exports plunge 55% y/y – data
India's April-November finished steel exports slumped by 55%
Government’s reforms result in increase of Foreign Direct Investment inflows in the county, which increased from US$ 45.15 billion in 2014-15 to US$ 84.84 billion in 2021-22.
Union Minister Mr. Jitendra Singh stated that India will make critical investments in R&D for future readiness by developing a roadmap for the design and delivery of vaccine development.
RBI introduces single-block-and-multiple debits functionality in UPI
RBI introduced single-block-and-multiple debits in UPI to make payments easier.
PFC signs MoU with Ministry of Power for FY 2022-23
Power Finance Corporation signed a MoU with the Ministry of Power.
IDFC FIRST Bank, NASSCOM COE partner to grow the innovation ecosystem
NASSCOM COE partners with IDFC FIRST Bank to grow the innovation ecosystem
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