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RBL Bank and Protean eGov Technologies buy stake in ONDC; Here’s everything you need to know

RBL Bank and Protean eGov Technologies buy stake in ONDC; Here’s everything you need to know

ONDC stands for "Open Network for Digital Commerce," a government-backed initiative aimed at reshaping India's e-commerce landscape. A network that connects buyers and sellers directly, independent of any single platform. ONDC is an open ecosystem in which competition thrives and consumer choice reigns supreme.  Government initiate ONDC  While India's e-commerce sector has grown rapidly, concerns [...]
WPI Inflation Ignites: November Surge to 8-Month High at 0.26% Sparks Economic Heat

WPI Inflation Ignites: November Surge to 8-Month High at 0.26% Sparks Economic Heat

Wholesale Price Index (WPI) inflation increased 0.26 percent in November from the previous year. This was due to the increase in the prices of food articles, minerals, machinery and equipment, computers, electronics and optical products, motor vehicles, and other manufacturing. Although rising above zero in November, when looking at the average WPI inflation for the [...]