The Reserve Bank of India (RBI) has warned of risks from cross-border outsourcing of information technology (IT) services and recommended that regulated entities closely monitor such operations.
Gurugram (Haryana) [India], February 22 (ANI/NewsVoir): Paisabazaar, India s largest digital marketplace for consumer credit, announced today that 52.7 lakh consumers, who checked their free credit score from its platform, have improved their credit score by 20 points or more over a period of 18 months.
Assuming that the Government keeps the expenditure growth at 8% over FY22 estimates at Rs 38 lakh crore in FY23 and receipts (minus borrowing and other liabilities) would grow by ~10.8%, it would lead to fiscal deficit of around Rs 16.5 lakh crore or 6.3% of GDP in FY23