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A major regulatory change with regard to the banking system of India that is New Banking Rules is being experienced with the Reserve Bank of India (RBI) intensifying the consumer protection norms. As digital banking becomes more popular (particularly via UPI, mobile banking, and online financial marketplaces), increasingly more dangerous risks have been imposed on […]
The geopolitical instability in West Asia is yet again coming out as a severe macroeconomic threat to India. The economists caution that any escalation of conflict in the Middle East would result in a surge in the price of crude oil, which will raise the inflation rate and reduce the rate at which the economy […]
The basmati rice export industry in India is also experiencing a shock caused by a rising geopolitical tension in West Asia; the business is a very lucrative agricultural export sector in the country. The unrest in the area has led to the disruption of major shipping routes as well as increase in transportation costs which […]
