Digital Economy

News and Trends

India to be the Most Attractive IPO Market, Key Steps Necessary to Hit $8 Trillion: Nilekani

Nilekani delivered a keynote addressing the 4 keys to unlock the USD 8 trillion economy for India in 2035, centering around technology, capital, entrepreneurship and formalisation.

News and Trends

India's Chemical Industry on Track to Surpass $1 Trillion by 2040: Report

Between fiscal years 2018 and 2024, the Indian chemical industry recorded a compound annual growth rate (CAGR) of approximately 10.5 per cent, outpacing the nation's GDP growth of 9 per cent during the same period.

News and Trends

Union Budget 2025: Empowering MSMEs as Catalysts for Economic Growth

With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in achieving the vision of 'Viksit Bharat' is undeniable.

News and Trends

India's GDP Growth Projected to Slow in FY26: Report

India's GDP growth is set to decline to 6.4 per cent in 2024-25, the slowest pace in four years. This marks a sharp drop from the 8.2 per cent growth recorded in FY24, when India remained the fastest-growing major economy. The economy expanded by 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22.

News and Trends

Healthcare, IT, and Finance to Witness Significant Growth, Expected to Offer Attractive Returns: Report

Through the outlook, CA forecasts a cautious optimism, amidst a "transitional economic phase."

News and Trends

Subdued Credit Growth on the Horizon for India's FY26 Economic Prospects: Report

Certificates of deposit, which reached a decadal peak of INR 4.9 trillion as of November, 2024, reflect this dynamic. While this figure surpasses the previous high of INR 4.5 trillion recorded in April 2011, the share of total deposits remains modest at around 2.5 per cent

News and Trends

2024: A Boon Or a Bane For MSMEs

Innovation has become a non-negotiable for MSMEs, especially as they face competition from both domestic giants and global players. India is today the world's fastest growing major economy, and one of the largest drivers of the country's economic progress have been MSMEs, particularly considering their outsized influence on exports and employment generation.

Entrepreneurs

The Tech Disrupting the NHS Workforce Crisis

Discover how Patchwork Health is empowering NHS teams and transforming the future of healthcare

News and Trends

Tech Giants and MSMEs: Friends or Foes In the Digital Ecosystem?

The dominance of tech giants presents both opportunities and challenges for MSMEs. While these platforms provide essential tools and global reach, their control over key digital infrastructures often creates significant barriers for smaller businesses.

Leadership

Championing Change: Hatem Dowidar, Group CEO, e&

Having led the UAE-grown technology company's success story from the front, Dowidar now has his sights set on global digital empowerment.

Technology

How AI, Automation and Cloud Computing are Revolutionizing MSME Strategies

The flexibility of cloud computing also means that MSMEs can punch above their weight, accessing the same tools that are available to larger enterprises without breaking the bank.

News and Trends

The Role of Digital Payment Infrastructures in MSME Growth

Around 80 per cent of MSMEs reported positive impacts from adopting digital technology, with Aadhaar banking and UPI being the most utilized services at the last mile.

Entrepreneurs

4 Major Themes Will Shape the Future of Fintech: BCG Report

Even though, the funding went down by 70 per cent and valuations fell from 20x to 4x on average, it still holds huge potential in the coming years.

News and Trends

Need For Digital Transformation for MSMEs In India: Forvis Mazars Report

There are a total of 63.39 million MSMEs in India with over 99 per cent of them being micro-enterprises contributing 30 per cent to the country's GDP and 45 per cent to its exports. Despite their major game play in the economy these enterprises remain significantly under-digitized.

Culture

Inflation's Next Victim Is Your Freedom — Here's Why

We get it… Most people are tired of hearing the same old story about how the American Dream is dead; however, there's a different, more bleak aspect to that reality that far too few people have yet to realize.