Month: August 2024

The Indian fintech sector continues to remain resilient and its revenues are projected to reach $190 billion by 2030, contributing to more than 20 per cent of all banking revenues, a new report has said.  The Indian fintech sector grew 50 per cent by revenue in 2023 and the growth trajectory is expected to continue, … Read more

Moody's raised India's growth projection for 2024 and 2025 citing signs of improving rural demand, while Fitch affirmed the country's sovereign credit rating, the agencies said in separate releases on Thursday. Moody's now expects India's economy to expand 7.2% in 2024 from 6.8% previously, while growth for 2025 is pegged at 6.6% versus 6.4%. "These … Read more