Aprajita Sharma
Touting cheaper labour and relaxed customs, India makes big push to be a global electronics repair hub
[NEW DELHI] The Indian government’s new pilot project to position the country as an electronics repair hub has the potential to generate revenue of up to US$20 billion and create five million jobs ove...
India ’s private equity, venture capital investments cross US$60b mark for third year in a row
[NEW DELHI] Amid a funding winter, India – the third-largest tech start-up ecosystem in the world – continued to see healthy investments in private equity and venture capital last year.
Apple takes bigger bite out of India with new retail stores, expanded iPhone production
[NEW DELHI] There is “Apple-mania” in India this week, with the US tech giant’s chief executive officer (CEO) Tim Cook gracing the opening of the company’s first two retail stores there – one in Mumba...
India’s real-time payments system expands its reach to the world
[NEW DELHI] INDIA’S Unified Payments Interface (UPI) – an instant real-time payments system that allows users to transfer money across multiple banks without disclosing bank account details – has in r...
India looks to raise another 80 billion rupees from second tranche of green bonds
[NEW DELHI] The Indian government announced on Thursday (Feb 9) that it hopes to raise a minimum of 80 billion rupees (S$1.28 billion) through the sale of a second tranche of sovereign green bonds.
India’s budget maintains fine balance between fiscal prudence and economic growth
[NEW DELHI] India’s Finance Minister Nirmala Sitharaman on Wednesday (Feb 1) unveiled a 45 trillion rupees (S$715.1 billion) budget for the next fiscal year starting in April, with the government eage...
After a torrid 2022, Indian rupee seeks some reprieve as economy stays resilient
[NEW DELHI] The Indian rupee had a year to forget in 2022, as it fell 11.4 per cent against the US dollar – the sharpest decline since 2013 – to become one of the worst-performing currencies in Asia.
India’s real-time payments system on quest to leave global footprint
[NEW DELHI] India’s real-time payments system, Unified Payments Interface (UPI), has made great strides since it was launched in 2016, to the point where transactions on the platform are now worth 55 ...
Amid fears of a global recession, India is seen as oasis for investors
AGAINST the backdrop of the so-called China+1 strategy where more businesses and investors are looking to diversify beyond China, one country that is seeing increased attention is India.
India’s rising tycoons take global spotlight
India’s wealthiest grew their collective wealth by US$25 billion to a record US$800 billion in 2022