Cash in circulation (CIC) in the Indian economy has risen sharply since demonetisation. CIC, which was 10.7% of GDP in FY18 has risen to 14.5% in FY21. Five years after demonetisation, most fintechs remain loss-making and must spend millions more to acquire customers and merchants. But cash—anonymous, convenient and handy—is still preferred by the average Indian.
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
By reducing reliance on short-term borrowings, with the equity infusion, the government aims to cut FCI’s interest expenses and lower its subsidy burden.
As Trump outlines expansive trade and economic policies, should India and other EMs brace for shifts in trade, investment policies and geopolitical alliances? Here’s what experts say
Emphasising the impact of rising capital costs on profitability and efficiency, Harshjit Sethi, managing director at Peak XV Partners, offers insights into India’s shifting startup landscape.
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
By reducing reliance on short-term borrowings, with the equity infusion, the government aims to cut FCI’s interest expenses and lower its subsidy burden.
As Trump outlines expansive trade and economic policies, should India and other EMs brace for shifts in trade, investment policies and geopolitical alliances? Here’s what experts say
Emphasising the impact of rising capital costs on profitability and efficiency, Harshjit Sethi, managing director at Peak XV Partners, offers insights into India’s shifting startup landscape.
