Simplified Trade Finance
The COVID-19 pandemic is threatening lives and economies across the world. With a population of 1.3 billion, and a key contribution to the global economic engine, India is facing some tough times ahead. This is the second part of a three-part series analysing Indian exports, with focus on the Indian export basket and its performance in the last decade.
The rise of fintech in India since then has also attracted the attention of many small and large players. Till a few years ago, the Indian fintech ecosystem was dominated by homegrown start-ups such as Paytm, along with backend vendors that catered to banking and financial service institutions.
The COVID-19 pandemic is threatening lives and economies across the world. With a population of 1.3 billion, and a key contribution to the global economic engine, India is facing some tough times ahead. This is the first part of a three-part series analysing Indian exports, particularly the impact on trade through various macroeconomic factors.
Despite having posted steady growth over most of the last decade, India's rice exports are facing a hit in international trade. As geopolitical tensions, tighter trade norms and higher MSP by the government take their toll, India -- the world's largest rice exporter -- may see its rice exports on the brink of an unprecedented fall in the current fiscal.
Budget 2020 India: While the government has taken bold steps to ease the passage for payment gateways and neo-banks, SMEs need to be handheld further to adopt efficient tech-driven business practices.