Despite India’s advanced digital payments, millions of small businesses struggle for formal finance, with only 14% accessing institutional credit. A significant credit gap, potentially exceeding Rs 50 lakh crore, hinders economic growth. While financial account ownership is high, formal credit access and insurance penetration lag global averages, highlighting critical inclusion gaps requiring policy reforms for
New Zealand’s Foreign Minister Winston Peters has accused the government of covertly introducing discriminatory immigration rules targeting Indian citizens under the new Free Trade Agreement. He claims these changes, including stricter visa tests and residency requirements, were deliberately kept from public view to avoid Indian backlash. The government, however, has vehemently rejected these allegations, calling
PPI captures the prices relevant for the production process without being complicated by inclusion of indirect taxes net of subsidies or wholesalers’ margins.
