ECONOMICA

Abstract: This research aims to assess the impact of digital transformation on the Indian financial services industry. The rapid advancement of digital technologies has revolutionised various aspects of financial services, including banking, payments, lending, insurance, and wealth management. This study explores the key drivers of digital transformation in the Indian context, identifies the challenges and opportunities associated with this transformation, and evaluates its effects on industry stakeholders, consumers, and the overall financial ecosystem. The research employs quantitative analysis of industry data to gain a comprehensive understanding of the topic. The findings will contribute to the existing literature on digital transformation in the financial sector and provide insights for policymakers, industry players, and consumers to navigate the evolving landscape. Introduction: Digital transformation has become a pervasive force in shaping various industries worldwide, and ...

With the recently concluded G20 Summit in New Delhi & India being at the helm of the 2023 G20 Presidency has really piqued interest of this inter-governmental grouping of nations among the masses not only just in the cities where the G20 meetings were hosted but across India right from the smallest villages to the biggest cities. A series of questions regarding G20 , its members , its work and its importance as well as influence in the global arena are being constantly asked by everyone right from an eight year old schoolkid to an eighty year old pensioner. Let’s find it out in today’s blog. What is G20? G20 or Group of 20 is an intergovernmental socio-economic & political forum compromising of 19 countries along with 2 regional blocs namely the European Union & African Union (AU beingincluded as a member at 2023 New Delhi Summit). The main aim of G20 is strengthen global economic and political co-operation , shaping global governance policies on all major economic issues a...

COLONIAL ECONOMY:- The colonial economy was characterized by an abundance of land and natural resources an a severe scarcity of labour. This was the opposite of europe and attracted immigrants despite the High death rate caused by New World diseases from 1700 to 1774, the output of the thirteen colonies increased 12-fold giving the colonies an economy about 30% the size of Britain's at the time of independence. European nations clearly understood that the expanding population, growing economy & increasing trade with north America made it territory worth contesting as they sought to expand profits from their overseas colonies Colonial population expanded rapidly after 1700, through increased immigration and natural growth likewise,both export and import boomed. Trade was greatest with Europe note that figures for Africa, the Carribean, and other parts of America include the growing slave trade. Data taken from "The Economy of British America,1607-1789...