ET analysis: RBI shows the fist to build ‘future proof’ digital financial ecosystem

ET analysis: RBI shows the fist to build ‘future proof’ digital financial ecosystem

Mumbai: Recent penalties by the banking watchdog on financial intermediaries are an early warning on what’s in store for rule violators in the new regulatory era as central bank governor Shaktikanta Das ‘future-proofs’ an increasingly digital financial ecosystem to deliver durably robust economic growth in India’s fast-paced journey toward becoming a developed nation. The Reserve … Read more

Viksit Bharat: Industry role critical to achieve Viksit Bharat goal by 2047: FM |

Viksit Bharat: Industry role critical to achieve Viksit Bharat goal by 2047: FM |

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the role of Indian industry was critical in realising the goal of a developed nation by 2047 and vowed that reforms undertaken by govt in the last few years will continue.“You were with India during the freedom struggle, you built industry and capacity despite the colonial … Read more

India needs to grow at 7-8 per cent annually to become developed nation by 2047, says Ex RBI Guv C Rangarajan

India needs to grow at 7-8 per cent annually to become developed nation by 2047, says Ex RBI Guv C Rangarajan

India needs to grow at seven to eight per cent annually in order to become a developed nation with USD 13000 per capita income by 2047, former Reserve Bank Governor C Rangarajan said on Tuesday. Asserting that innovation cannot be a single solution to reduce inequalities or poverty, the former Chairman of the Prime Minister’s … Read more

Republic Day 2024: JP Nadda unfurls national flag at BJP headquarters says, ‘resolve to make India developed nation’ | India News

Republic Day 2024: JP Nadda unfurls national flag at BJP headquarters says, ‘resolve to make India developed nation’ | India News

NEW DELHI: Bharatiya Janata Party (BJP) national president JP Nadda hoisted the national flag on the 75th Republic Day at the party headquarters in the national capital on Friday. Speaking at the event, Nadda expressed the party’s commitment to transform India into a developed and self-reliant nation. Addressing the gathering at the BJP party office … Read more

India should worry more about AI than being China’s export competitor: McKinsey Global Institute director Chris Bradley

India should worry more about AI than being China’s export competitor: McKinsey Global Institute director Chris Bradley

Chris Bradley, director at McKinsey Global Institute believes that India’s vibrant young workforce is a crucial advantage in the country’s ambitious goal to become a developed nation by 2047. Bradley emphasizes that India’s participation is essential for global prosperity in the future. “The world in 2050 cannot be prosperous without India participating in it,” Bradley … Read more