On 1st November, the Reserve Bank of India launched a pilot project that was aimed at testing the concept of Central Bank Digital Currency (CBDC). The pilot involved the trade of Government securities (bonds issued by the government) between the RBI and nine commercial banks in the country. The announcement of this project was much … Continue reading RBI’s CBDC Pursuit: A Digital Future
Author: MediaCom
INDIA: IN PURSUIT OF FREE TRADE AGREEMENTS
FTAs: Need of the hour The Covid-19 pandemic and the Russia-Ukraine conflict have exposed the frailties in the global supply chain and have alarmed the countries to secure their supplies. Across policy circles, there is a clarion call for friend-shoring, which means shifting manufacturing to friendly nations and sourcing inputs from them. So, it is … Continue reading INDIA: IN PURSUIT OF FREE TRADE AGREEMENTS
Taxing the Online Gaming Industry
-Penned by Harshit Agrawal Introduction The GST Council, recently, has been struggling with the question of taxing the online gaming industry. The Council constituted the group of ministers (GoM) on casinos, horse racing and online gaming to decide upon firstly, the rate of the tax and secondly, the amount upon which the tax to be … Continue reading Taxing the Online Gaming Industry
“Indian Origin Leaders Around the World Governing Nations”
-Penned by Pranita & Vishal It's a "Big Day," says Indian Americans as Rishi Sunak is announced to be the next PrimeMinister of the United Kingdom. Rishi Sunak's inauguration as the first Indian-origin PrimeMinister of the United Kingdom is a source of national pride and evidence that Indians cangovern nations, corporations, and international organizations. Nevertheless, … Continue reading “Indian Origin Leaders Around the World Governing Nations”