Global fintech industry sees robust 14 pc revenue growth, India shows the way

IANS | June 26, 2024 11:25 AM

New Delhi, June 26 (IANS) Despite significant shifts in funding and valuations, the global fintech industry saw a robust annual revenue growth of 14 per cent from 2021 to 2023, a report showed on Wednesday, adding that India is reaping the benefits of investment in digital public infrastructure (DPI).

Centre may increase welfare spending in upcoming budget: Report

IANS | June 25, 2024 3:12 PM

New Delhi, June 25 (IANS) The Central government is likely to increase its welfare spending on social schemes by Rs 50,000 crore in the upcoming budget, due to robust tax collection and record dividend from the Reserve Bank of India (RBI), according to the global brokerage Jefferies.