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.
World
3 German parties reach deal to form new govt
Berlin (TIP): Three German parties have reached a deal to form a new government that will end the era of longtime Chancellor Angela Merkel, according to Olaf Scholz, who is poised to replace her. Scholz, […]
Food Corner
Gujiya
Ingredients For the dough 2 cups refined flour, 1 cup clarified butter, Water (to mix) For the filling 1 cup khoya, 1 cup sugar, 1 tsp green cardamom, powdered, 1 tbsp almonds, finely chopped, ghee […]
Business & Economics
India to grow at 7.5% in current fiscal: ADB
India is likely to maintain its position as the fastest-growing major economy with the ADB outlook projecting a growth rate of 7.5% for 2022-23 on strong investment prospects against 5% for China in January-December 2022. […]
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