Indian Economy News

September 29, 2022

5G-adoption readiness in India twice that of the UK and the US: Report

According to a report released by Ericsson ConsumerLab, India's readiness to adopt the 5G network is twice that of other regions across the world such as the UK and the US, with over 100 million smartphone users ready to upgrade to the 5G network by 2023.

Centre extends Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for another three months (October-December 2022)

The Union Cabinet has approved the extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase VII) for a further three months, from October-December 2022.

India-US relationship today impacts rest of world: Dr. S. Jaishankar

The relationship between India and the United States today has an impact on the rest of the world, Minister of External Affairs Dr. S. Jaishankar said at a press conference in the US.

Department for Promotion of Industry and Internal Trade (DPIIT), Invest India and the Embassy of the Netherlands formalise the India-Netherlands Fast-Track Mechanism (FTM)

An agreement was signed by the Department for Promotion of Industry and Internal Trade (DPIIT) and the Embassy of The Kingdom of the Netherlands to formally establish the bilateral Fast-Track Mechanism (FTM) on September 27, 2022.

CRED, upGrad, Groww claim top spots in LinkedIn's Indian startups ranking

CRED, UpGrad, and Groww have claimed top spots in LinkedIn's top 25 Indian startups ranking.

India leads in adoption and usage of multi-factor authentication: Report

According to the 2022 Thales Access Management Index, India experienced the world's highest growth in the usage of multi-factor authentication (MFA) as a result of the security threats associated with remote work.