India is better than most of the world in the adoption of Fintech or automated financial services. “India’s adoption rate is 87 per cent as against the global average rate of 64 per cent, which establishes the fact that India is a prime destination for digital payments and activities,” said Union Finance Minister Nirmala Sitharaman. Digital payments have seen a tremendous growth from Rs 2 lakh crore worth of digital transactions in 2019 to Rs 4 lakh crore in 2020. January to August 2021 saw further momentum, clocking Rs 6 lakh crore worth of digital transactions.
Business & Economics
Bank of England ups rates by .25%
Notwithstanding a surprising increase in inflation revealed on Wednesday, the Bank of England increased interest rates by another quarter of a percentage point on Thursday and stated that it anticipates the British inflation spike to […]
International Day
International Women’s Day
International Women’s Day, also known as IWD for short, grew out of the labour movement to become a recognised annual event by the United Nations (UN). The seeds of it were planted in 1908, when […]
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