No country can stay in isolation. In the contemporary world, countries need each other more than ever for trade and cooperation on various issues. But, business is the most significant area of cooperation among nations to increase employment and flourish economies. Looking back at history, the 80s and 90s witnessed countries opening up their economies for the world. Countries that…
Month: May 2023
THE ROLE OF DIGITAL TRANSFORMATION AND INNOVATION IN ENHANCING THE EASE OF DOING BUSINESS IN INDIA
India is emerging as a formidable force in the digital economy. With an impressive volume and growth rate in key metrics such as internet connections and app downloads, it surpasses most other nations. The government and private sector are making concerted efforts to expand high-speed connectivity nationwide and equip Indian consumers and businesses with the necessary hardware and services to…
INDIA STANDS AT 63 IN THE GLOBAL RANKING
The country’s Gross Domestic Product (GDP) is currently at $2 trillion. That means India is now the largest importer in the world. India’s per capita income in 2013 was US$1,900. That makes India the poorest of the BRIC countries. India’s growth has been very high over the past two decades. It is expected to grow further shortly. India’s Gross Domestic…
THE MULTI-FACETED WORLD OF MODERN FAMILY BUSINESSES IN INDIA
India has a rich and diverse culture, and this is reflected in the way we do business. From multi-generational family businesses to Silicon Valley startups, Indian businesses have made their mark globally. In this article, we will delve into the fascinating world of family-owned businesses in India, exploring the trust, value, family, revenue, modernization, employee, technology, and new generation factors…
HOW CAN YOU USE CHATGPT FOR YOUR SMALL BUSINESS
In today’s digital age, businesses constantly look for ways to improve customer support and streamline operations. Chatbots have emerged as a popular solution for businesses of all sizes, offering 24/7 availability, personalized assistance, and a cost-effective alternative to hiring additional staff. An example of such a chatbot platform is ChatGPT, which employs state-of-the-art natural language processing (NLP) and machine learning…
HOW INDIA PLANS TO GET INTO THE TOP 50 GLOBAL RANKS
India is a country that is still in its youth and possesses a vast amount of potential that has not yet been realized. This potential can be seen in the country’s rapid population growth. It is the most populous democratic nation, and its economy is expanding lightning fast. However, despite its quick expansion, it still has a long way to…
COLLATERAL-FREE SME LOANS
No-collateral SME loans are a form of financing that does not require borrowers to provide collateral, such as property or assets. This type of loan is typically extended to small and medium-sized enterprises (SMEs) that may need more collateral to secure traditional bank loans. No-collateral SME loans can be used for various purposes, including working capital, inventory purchases, expansion projects,…