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The Reserve Bank of India (RBI) announced its bi-monthly monetary policy statement on December 8, 2023. Here are some of the salient features of the new monetary policy
– The RBI kept the policy repo rate unchanged at 6.50 per cent, the reverse repo rate at 6.25 per cent, and the marginal standing facility (MSF) rate and the bank rate at 6.75 per cent⁴⁵.– The RBI also decided to remain focused on withdrawal of accommodation to ensure that…
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India – A Journey towards Semiconductor Manufacturing Leadership
Introduction: In a world increasingly reliant on technology, the tiny semiconductor chip has emerged as a critical component, empowering advances in communication, computing, and transportation. From cars and smartphones to defense equipment, these humble chips have permeated every aspect of our lives. However, the vulnerability of global supply chains has…
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India – A Journey towards Semiconductor Manufacturing Leadership
Introduction: In a world increasingly reliant on technology, the tiny semiconductor chip has emerged as a critical component, empowering advances in communication, computing, and transportation. From cars and smartphones to defense equipment, these humble chips have permeated every aspect of our lives. However, the vulnerability of global supply chains has…
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India – A Journey towards Semiconductor Manufacturing Leadership
Introduction: In a world increasingly reliant on technology, the tiny semiconductor chip has emerged as a critical component, empowering advances in communication, computing, and transportation. From cars and smartphones to defense equipment, these humble chips have permeated every aspect of our lives. However, the vulnerability of global supply chains has…
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India’s Digital Transformation Journey
India’s Digital Inflection Point: With over three and a half decades of experience in the technology sector, it is evident that India has reached a turning point. The Indian innovation economy is poised for takeoff, with rapid digitization occurring over the past nine years. In 2014, the digital economy accounted…
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“Artificial Intelligence: Powering India’s Digital Economy Safely and Responsibly”
In today’s rapidly evolving technological landscape, the discussions and conversations surrounding artificial intelligence (AI) are growing increasingly fervent. AI has undeniably emerged as one of the most significant inventions of our time, alongside the advent of semiconductor technology and the Internet. It has come to occupy a position of critical…
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The Global Manufacturing Sector in 2024
Introduction The global manufacturing sector is facing a blend of challenges and opportunities as we approach the year 2024. Despite the impacts of the COVID-19 pandemic, geopolitical tensions, and ongoing supply chain disruptions, the sector has shown remarkable resilience and adaptability. This article examines the current status of the global…
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Collaboration and Contextual Solutions: Addressing Gender Inclusivity and Exploitation in the Retail Industry
The article focuses on the importance of collaboration between retail workers, brands, and manufacturers to ensure gender inclusivity and prevent exploitation in the workplace. It highlights the need for a contextual approach that takes into account the societal factors in India while developing codes of conduct and implementing training programs.…
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Microfinance and NBFCs: Pioneering Financial Inclusion and Sustainable Development in India
Introduction:In the quest for sustainable development, ensuring financial access to underserved communities becomes crucial. Microfinance institutions (MFIs) and Non-Banking Financial Companies (NBFCs) in India have emerged as key players in promoting sustainability and fostering financial inclusion. By facilitating access to affordable credit, these institutions empower individuals and businesses to adopt…
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