Vaid ICS July 2, 2023
Master directions on Cyber Resilience and Digital Payment Security
Reserve Bank of India’s draft master directions on cyber resilience and digital payment security controls for payment system operators (PSOs) Introduction The Reserve Bank of India (RBI) has released a draft of the Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs). These directions aim to provide regulatory guidelines […]
Vaid ICS July 2, 2023
Surge in PMI signals robust growth across Indian manufacturing and service sectors
Introduction: The S&P Global India Manufacturing PMI reached a 31-month high in May, indicating a significant upswing in business activity. The rise in the Purchasing Managers’ Index (PMI) reflects strong growth in both the manufacturing and service sectors, suggesting an overall positive outlook for the Indian economy. This article examines the key insights from the […]
Vaid ICS July 2, 2023
Addressing modern slavery in India: A Call for Action
Introduction: India, despite its rapid economic growth and global influence, faces a grave challenge: being at the top of the Global Slavery Index 2023, with an estimated 11 million people trapped in modern slavery. The Walk Free Foundation’s report sheds light on the urgent need for comprehensive measures to combat this issue. This article aims […]
Vaid ICS July 2, 2023
India’s GDP growth reaches 6.1% in Q4 2023, promising outlook amidst global challenges
Introduction: India’s National Statistical Office (NSO) has recently released provisional national income data, revealing that the country’s GDP growth in the January to March 2023 quarter reached 6.1%. This growth rate stands out as the fastest among major economies, indicating better prospects for the current year compared to previous expectations. Despite challenges posed by the […]
