RBI has introduced the Central Bank Digital Currency Or e rupee on October 7, 2022, which will work as the digital equivalent of a banknote and can be transferred electronically within a fraction of a second from one holder to another. It is the same as cash that can be kept in a wallet on
The Indian rupee has turned into a super senior citizen last month when it crossed the 80-level mark recently. Most people have their remarks about the recent fall – for some, this depreciation of the rupee against the dollar is good, whereas others also believe that the fall is too steep. If you look at
Having a credit card from a specialized bank is a great way to manage all your finances during any critical condition of the cash crisis. A credit card allows its customer to provide funds at right time, make purchases, and repay those amounts at a later stage. The best part of having a credit card
Since the last few decades, environmental issues have been increasing drastically and traveling faster than a forest fire, from a different country to region, then region to world-level territory, which is considered a serious cause of climate change and global warming. Apart from that, scarcity of natural resources, wealth, and increasing air and water pollution
The customer onboarding process is probably one of the most important stages of a customer lifecycle. When this process comes right at the start of any journey associated with a potential customer, it sets the tone for their whole relationship with your product and company. Just like that customer onboarding is also an important procedure
Women are making significant contributions to global economies through their various activities. However, they remain among the world’s most economically disadvantaged groups. They are always disproportionately discriminated against in the labour market for their gender, contending with low-skilled and informal jobs. So they often remain outside the ambit of financial inclusion, which results in poor
An initiative by India is taken to incorporate the Indian rupee into global trade. But why and how? Let’s dive into the blog below to find out. Why does India want to trade in the rupee? The rupee’s value against the American dollar is continuously sliding and it also flows from the periodic rise in
Are you one investor who is investing in stocks, bonds, shares, mutual funds, etc? But before investing are you aware of these terms? Well! If not. Don’t worry. Here in this blog, we are going to share some key things you should be well acquainted with about bonds before investing. So let’s dive into the
We all know that the changes in the price of the product, income of the households, prices of related goods, tastes and expectations, advertisement expenses, etc affect the quantity demanded of a product or service. This indicates only the directional impact of the changes in the factors influencing demand. This only indicates the directional impact
What is supply? Supply of a commodity refers to the various quantities of the commodity that a seller is willing and able to sell at a different price in a given market, at a particular point, by remaining other things constant. An aspect of supply management which needs attention is that supply is related to
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