Articles

India’s Growing FinTech Cooperation : Bridging Borders and Empowering Digital Economies

India has emerged as a leader in the Financial Technology (FinTech) innovation and growing acceptance of its digital payments mark an important milestone in the global expansion of India’s digital payment system. The cross-border digital transactio....

November 01, 2024 Technological and Scientific Studies , RBI , Digital India , Fintech , QR code , Global South , UPI , NPCI , Digital Payments , DPI , Digital Literacy , Fast Payments System , NIPL , RuPay Card , SWIFT System

India-Singapore FinTech Cooperation

Dr Saroj Bishoyi, Research Fellow, VIF Article

On 21 February 2023, Prime Minister Narendra Modi and Prime Minister Lee Hsien Loong launched the first payment linkage between India’s Unified Payment Interface (UPI) and Singapore’s PayNow, which opened a new chapter in cross-border FinTech con....

March 21, 2023 Technological and Scientific Studies , Article , India , RBI , Digital India , Singapore , G20 , innovation , Fintech , PayNow , UPI , P2P , MAS , NPCI , P2M , QR , Remittance , VPA

Significance of Launching Central Bank Digital Currency by RBI

Anil Kumar Kanungo Article

Reserve Bank of India’s (RBI) decisive move to initially discount the growing promises and popularity of crypto currency in India is quite praiseworthy. In a highly uncertain, volatile and non-transparent global financial regime, adoption of crypto....

December 23, 2022 Economic Studies , Article , RBI , cryptocurrency , bitcoin , CBDC

VIF Neighbourhood News Digest - November 17, 2022

Afghanistan

Envoys of Over 10 Countries Discuss Afghanistan at Moscow Format: Tolo News

Representatives and officials from more than 10 countries exchanged views on the Afghan situation in the "Moscow Format" meeting on Afghan....

November 17, 2022 VIF Neighbourhood News Digest , US , China , Russia , economy , Climate Change , RBI , trade , Japan , elections , investment , Doha , energy , Tourism , refugees , IMF , Human Rights , Floods , FTA , COAS , Diplomacy , UNHCR , earthquake , Health crisis , Moscow Format , Trafficking

Budget 2022-23 – A huge turning point

S Gurumurthy, Chairman, VIF Article

There are several firsts about Budget 2022-23. The first of the firsts is that this is the only Budget in recent memory when the finance minister’s speech was not disturbed even once. The usual shoutings for this or that segment, or for states were....

February 03, 2022 Economic Studies , Article , RBI , MGNREGA , Budget 2022-23 , food subsidy , fertiliser subsidy

SEBI’s Prudence & Finance Ministry’s Concerns on AT-1 bonds

Praveen Menon Article

Back in March 2020, the Reserve Bank of India proposed an SBI-led restructuring package for the struggling Yes Bank by exercising a clause in a manner no one expected.¹ The proposed restructuring entailed writing down of over Rs.8400 crore....

April 01, 2021 Economic Studies , Article , RBI , AT-1 Bonds , Finance Ministry Mutual Funds , NAV , SEBI

Webinar on “Indian Economy – Today and Future Prospects”

Key Takeaways

On 07 August 2020 Confederation of Indian Industry (CII) and Vivekanand International Foundation (VIF) jointly organized a panel discussion on Indian Economy – Today and Future Prospects. The session delibera....

August 11, 2020 Economic Studies , Interaction , RBI , Indian Economy , GDP , MSME , Economic crisis , Macro economic , Financial Sector , EPC

Math and effect of Modi package

S Gurumurthy, Chairman, VIF Commentary

Its explicit intent is to provide for the deprived and disturbed through direct fiscal spend from the budget. The Modi stimulus package is in three parts — direct government spend, bank credit, and rate cut and lending by RBI to banks. Mo....

May 28, 2020 Governance and Political Studies , Economic Studies , Commentary , RBI , COVID-19 , G7 , GDP , Economic Package , Indian financial model , Modi package

Covid-19 package — World and India

S Gurumurthy, Chairman, VIF Commentary

Where there are six economists', said Winston Churchill quoting Barbara Wootton, “there are seven opinions or even more”. Churchill even chided the undoubtedly great economist John Maynard Keynes for giving him two opinions on every issue. Econom....

May 27, 2020 Governance and Political Studies , Economic Studies , Commentary , RBI , Modi Government , COVID-19 , GDP , Covid-19 package , Economic Package

COVID-19 International Developments: Daily Scan, May 5, 2020

Prerna Gandhi, Associate Fellow, VIF COVID-19 Daily Scan

Economic

Coronavirus disproportionately affects women's health, finances

Among the clichéd role stereotypes, is that women are more responsible for children and the household, and perhaps care for older family members as well....

May 05, 2020 International Relations and Diplomacy , Belt and Road Initiative , Taiwan , RBI , European Commission , COVID-19 Daily Scan , WTO , Women , Wall Street , US Treasury , Riyal , Indian Diaspora in Gulf