BW Businessworld - 29 July 2023
BW Businessworld - 29 July 2023
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MORE OFTEN than not, in our roles as chroniclers of the economy, we are required
to take an aerial view, if I may call it that, of the direction in which change is
setting forth. The more I see the transformation in India today, the impact that
it has on people and progress, the more I feel we are in the moment of history,
where India is creating its ‘valley of good’.
With Aadhar, we took an important step to create a national identity system,
that was strong enough not only to give people secure access to benefits but also to
push sectors such as telecom and banking forward. It lay down the guardrails that
enable inclusion and democratisation, the digital India that our Prime Minister
envisions. The Indian government’s policies, exemplified by initiatives such as
the United Payments Interface and the Open Network for Digital Commerce,
have paved the way for a more equitable future. By placing a strong emphasis on
financial inclusion, India is shattering barriers and rewriting the rules of the
game.
Happy reading!
ANNURAG BATRA
anurag.batra@businessworld.in
New Drugs Bill in Offing
IN A BID TO ENFORCE more stringent quality control on pharmaceuticals, the Union government is mulling on a new law to regulate the manufacturing, import and supply of medicines, medical devices and cosmetics
1 min
REAL MONEY FACES REAL THREAT
THE ONLINE GAMING sector was dealt a huge blow on 11 July when the 50th GST Council decided to levy a Goods & Services Tax (GST) of 28 per cent on online gaming, plunging the sunrise sector in utter gloom
1 min
And the Waters Prevailed
\"AND THE WATERS prevailed upon the earth for 150 days\" (Genesis -7). The quote from the Bible must haunt many minds around the world and especially India, where even arid regions like Delhi and Rajasthan not only experienced heavy rainfall, but flooded streets and localities
1 min
Compulsive Litigant?
DRIVEN BY THE resolve that the Central government should not be a compulsive litigant, the Union Ministry of Corporate Affairs (MCA) has taken a decision under its Special Arrears Clearance Drive-II to withdraw another 7,338 prosecutions, which have remained pending before various courts
1 min
GCC Tech Surge
INDIA’S INFOTECH SERVICES sector, led by TCS, Infosys, HCL Technologies and Wipro, came of age in 1999 with the Y2K transition
4 mins
FARM SUBSIDY IS MISDIRECTED.LARGE FARMERS EXTRACT MOST
THE AGRI-SYSTEM continues to be vulnerable, equally fragile. Our policymakers and most other experts glorify the Rs 5 lakh crore agricultural subsidies and tariffs
4 mins
High Productivity Needs Fresh Mindset
FOR A NATION blessed with land, nature in abundance with its sunshine, rivers, wind, and natural resources, and the societal need to grow economically, India has poor labour productivity
6 mins
What's Still Needed in Indian Infrastructure Financing?
THIS INTERSECTION of post-pandemic growth in economic activity and a resolute commitment to achieving net zero emissions, presents a golden opportunity for India to reimagine its infrastructure development and financing strategies, with a focus on sustainability, and future-readiness
4 mins
Riots in France and the Lessons in Policing
POLICE, ANYWHERE, everywhere, have a tough job to do – drawing a balance between what is lawful and what is unlawful, what is disagreeable and what is humane
5 mins
Shaktikanta Das is Central Bank Governor of the Year
MR Shaktikanta Das, Governor of the Reserve Bank of India (RBI) since December 2018, was honoured with the Governor of the Year award at London’s Central Banking Awards 2023
2 mins
Marketing Automation= Marketing Acceleration
PREVIOUSLY AN EXPENSIVE tool, excellent software for your marketing automation approach is now more accessible than ever before, thanks to recent technological advancements
4 mins
Threads THE NEW KID ON THE BLOCK
Meta's text-based app Threads has hit 100 million users within a week of its launch. Reports point to Twitter's traffic slowing
5 mins
$1 TRILLION VALLEY OF GOOD
Fuelled by fintech companies and UPI, India is witnessing a revolution that promises to democratise finance, making it more inclusive and accessible to all citizens
6 mins
Credit Needs
Growing per capita income, financial inclusivity, greater internet penetration and a large credit demand from SMBs is fueling the growth of digital lending in India
5 mins
INDIA IS A COUNTRY IN A HURRY
Indian consumers and leaders want agility and pace, and the fintech ecosystem has laid the foundations to achieve this, says Praveena Rai, COO, NPCI
2 mins
"WE ARE CREATING MORE BENGALURU OUTSIDE BENGALURU"
The Karnataka government has established the Karnataka Digital Economy Mission or KDEM to bridge the gap between industry and government and to enhance the tech ecosystem in the state. Sanjeev K. Gupta, CEO, KDEM discusses the aims, objectives, the success stories and much more with ASHISH SINHA. Excerpts
3 mins
FINTECH FUNDING OUTLOOK
FOR THE PAST 15 years financial services have been an important component of PE/VC investments, constituting around 40 per cent of capital deployed
2 mins
"We Want To Be The Banker Of Every MSME In India"
By indentifying and supporting small business owners with their credit needs, ARTH has emerged as a strong growth partner for many MSMEs, particularly those led by women
3 mins
"Personal Finance Management Is Like Going To Gym"
Axio, formerly Capital Float, has carved a niche for itself as a digital finance company with its app having notched up 14 million downloads so far
3 mins
"My Product is My Biggest Achievement"
Under Jaya Vaidhyanathan's leadership, BCT Digital has consistently delivered disruptive fintech, regtech, and cleantech solutions to large organisations across diverse industry verticals
3 mins
Flagbearer Of Digital Payments
BharatPe has played a crucial role in driving the adoption of digital payments as well as accelerating the pace of digitisation across the country
3 mins
Revolutionising Youth's Finances
mPokket has positioned itself as a trusted partner for students and young professionals seeking accessible and responsible credit solutions
3 mins
Riding High on the Cryptocurrency Wave
In the highly volatile crypto market, Mudrex encourages investors to adopt a long-term approach and invest in diversified crypto portfolios. It aims to demystify the complexities in this emerging field
3 mins
Transforming e-Governance
NeSL is driving digital transformation in e-governance for enhanced efficiency, transparency, and financial stability
3 mins
Promoting Financial Inclusion
PhonePe's commitment to consumer convenience and value creation drives innovations in digital payments, expanding access and adoption
3 mins
Reshaping the Insurance Landscape with New Narratives
Policybazaar.com leverages innovation and technology to introduce greater transparency into buying insurance products
3 mins
A Platform that Resolves Disputes at a Click
Presolv360 is a platform that adopts a unique approach to resolving commercial disputes at virtually zero cost by combining technology, human expertise and innovation
3 mins
Financier of Green Commercial Vehicles
Revfin finances commercial electric vehicles in 18 states, focussing particularly on that risky segment of borrowers who have no credit score
3 mins
Offers Seamless Payments and Credit Options
RING provides a smooth app experience, quick disbursals, and a plethora of financial product offerings to merchants and customers
3 mins
Technology Platform for Insurance Distribution
Riskcovry believes that insurance should be as ubiquitous as payment services, available anywhere and anytime to manage the risks that surround us
3 mins
Revolutionising Supply Chain Finance
Under the leadership of Gautam Udani and Binny Shah, Veefin Solutions has emerged as a leading supply chain finance technology service provider worldwide
3 mins
Redefining Cross-border Payments
Winvesta is revolutionising the payment landscape with transparency, speed, and cost savings
3 mins
Transforming Business Expense Management
Empowering businesses with end-to-end spend management solutions and unparalleled innovation
2 mins
Robust Borderless Financial Solutions
Since its launch in 2021, Zolve has set out to simplify cross-border finance for students as well professionals
3 mins
DIALLING 'Q' FOR QUALITY
As India makes the transition to 5G at breakneck speed, the large-scale network congestion and outages resulting from it have put the scanner squarely on the quality of services
6 mins
Assuring High Standards with Quality Food
FOOD IS ESSENTIAL for our survival and safe food is necessary for sound health. India faces a silent epidemic today of diet-related diseases such as diabetes, hypertension, and obesity, with all research papers indicating a direct relationship between the food that we eat and the consequential repercussions on health
7 mins
Is Trolling, an Essential Freedom?
TROLLING is a phenomenon that has gained significant attention in the realms of social media and online communities
3 mins
DARK MATTER MATTERS
THE LAST FEW WEEKS have seen much action and excitement in the science arena
4 mins
INCLUSIVITY
TO MY MIND, the two biggest problems faced by the world today are Climate Change (cause celebre of Sustainability) and Inclusivity
6 mins
MASTER STROKES - Embracing Automation And Innovation: A Transformative Era For Banking
In a world rife with geopolitical tension, interest rate hikes, runaway inflation and monetary tightening, banks today face challenges that are putting significant pressure on their margins. However, amidst these obstacles, the banking sector in India has shown remarkableresilience
4 mins
BW Businessworld Magazine Description:
Utgiver: BW Businessworld Media Private Limited
Kategori: Business
Språk: English
Frekvens: Fortnightly
BW Businessworld is a fortnightly magazine that has been published since 1975. It is one of the most popular business magazines in India, and it is known for its in-depth reporting and analysis of the Indian business world. It also features interviews with leading business leaders and entrepreneurs. It's a guide to the ever-changing business landscape.
In every issue, you'll find:
* In-depth analysis: Get the latest insights on the big trends that are shaping the business world.
* Expert interviews: Hear from the thought leaders who are shaping the future of business.
* Case studies: Learn from the successes and failures of other businesses.
* Industry reports: Get the lowdown on the latest developments in your industry.
* And more: BW Businessworld also features articles on a variety of other topics, such as leadership, innovation, and technology.
BW Businessworld is a must-read for anyone who wants to make sense of the business world. It is the only magazine that provides comprehensive coverage of the latest trends and insights, from the perspective of the world's leading business thinkers.
Subscribe today and stay ahead of the curve!
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