Articles for tag: Central Bank Digital Currency, Cross-Border Payments, DC Wallet, digital asset management, financial inclusion, India, Radix technology

Market News

DC Wallet Enhances User Experience with Radix Partnership for Seamless Transactions and Innovative Features

DC Wallet, developed by Menas Global using Radix technology, has partnered with AFC India Ltd to encourage the adoption of Central Bank Digital Currencies (CBDCs) in India and beyond. This collaboration follows the Reserve Bank of India’s confirmation of testing the Digital Rupee with Ripple’s XRP Ledger. DC Wallet aims to enhance financial inclusion by ...

Market News

India Emerges as Safe Haven for Investors Amid US Election Turmoil

India Emerges as Safe Haven for Investors Amid US Election Turmoil

India is emerging as a key destination for investors looking for stability amid the financial volatility surrounding the upcoming US election. With uncertainty in global markets, many are turning to India for its robust economy and favorable investment climate. Experts suggest that India's growth potential and diverse sectors make it an attractive option for those seeking safety in their investments. As the election draws closer, this trend may strengthen, positioning India as a reliable haven for global investors.

Market News

India and the US prepare to sign a crucial minerals pact, strengthening trade ties amid diplomatic tensions.

India and the US prepare to sign a crucial minerals pact, strengthening trade ties amid diplomatic tensions.

India and the United States are set to sign a preliminary agreement to enhance cooperation on critical minerals during Indian Trade Minister Piyush Goyal’s visit to Washington this week. The pact aims to strengthen trade ties between the two nations, focusing on building supply chains and promoting collaboration in key minerals essential for clean energy, ...

Market News

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India is rapidly expanding its food service business in India, aiming to double its operations every three years. The company, recently acquiring ICS Foods, is focusing on sectors like manufacturing, education, and healthcare. With a goal to serve over two million meals daily and grow its presence to 600 client locations by 2027, ...

Market News

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace is significantly increasing its sourcing of components from India, a rapidly growing aviation Market. With a manufacturing facility in Pune and additional operations in Bengaluru, the company currently works with 13 suppliers, including Tata Advanced Systems Ltd. Vikram Rai, CEO of GE Aerospace South Asia, noted that sourcing has surged by 20 times ...

Market News

Political Giants Mourn Yechury: Can Unity Survive Amidst a Divided India?

Leaders from the INDIA bloc, spanning various ages and ideologies, gathered to honor Sitaram Yechury, a cherished figure in Indian politics, during a condolence meeting. Rahul Gandhi, along with notable leaders like Mallikarjun Kharge and Farooq Abdullah, shared heartfelt memories, describing Yechury as a personal friend and a unifying force among diverse political groups. They ...

Market News

Deloitte India aims for explosive growth, targeting  billion by 2030, fueled by remarkable advancements and a booming workforce.

Deloitte India aims for explosive growth, targeting $5 billion by 2030, fueled by remarkable advancements and a booming workforce.

Deloitte India is aiming for significant growth, targeting $5 billion in revenue by 2030, up from the current Rs 10,000 crore. In the fiscal year 2023-24, the firm reported a 30 percent increase in revenue and contributed 10 percent to global revenue growth and 70 percent to the Asia Pacific region’s growth. South Asia CEO ...

Market News

Russian Foreign Minister Lavrov backs India and Brazil for UN Security Council seats, criticizing Western powers and dismissing Zelenskyy’s peace efforts.

Russian Foreign Minister Lavrov backs India and Brazil for UN Security Council seats, criticizing Western powers and dismissing Zelenskyy’s peace efforts.

Russian Foreign Minister Sergey Lavrov has voiced support for India and Brazil’s bid for permanent seats on the United Nations Security Council during a recent address at the UN General Assembly. He emphasized the importance of expanding representation from the Global South to create a fairer world order. Lavrov criticized the West for its over-representation ...

Market News

Modi Calls Out ‘Corruption Trio’ as J&K Votes for ‘New India’: Is Change Finally on the Horizon?

Prime Minister Narendra Modi addressed a rally in Jammu on September 28, 2024, as Assembly elections in Jammu and Kashmir approached their final phase. He emphasized the people’s desire for a government free from corruption, terrorism, and separatism, criticizing the Congress, NC, and PDP as enemies of the Constitution. Modi highlighted the enthusiasm for the ...

Market News

An Air India passenger discovered a cockroach in her omelette, leading to food poisoning and an urgent investigation by the airline.

An Air India passenger discovered a cockroach in her omelette, leading to food poisoning and an urgent investigation by the airline.

An Air India passenger recently expressed outrage after discovering a cockroach in an omelette served during a flight from Delhi to New York on September 17, 2024. In a post on social media, the passenger shared distressing details, noting that her two-year-old child had eaten half of the contaminated meal before they found the cockroach, ...

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