Some pressing issues at a glance

22 Jun 2022 , 10:38 AM

On Monday (20-06-2022), the finance ministry expressed concern over the resurgence of the twin deficit issue. Additionally, it was the first time the administration has directly discussed the potential for a budgetary slippage in the current fiscal year. Therefore, have the amber lights begun to flash?

Fintech businesses would be impacted by the Reserve Bank of India’s (RBI) decision to prohibit all non-bank prepaid payment instrument (PPI) issuers from loading credit lines. The central bank has recently been harshly criticizing fintech. The necessity for fintech regulation in the payments sector is discussed in the RBI’s 2025 vision paper. What is ahead for fintech companies, then?

The majority of the time, the shares of Vodafone Idea and Bharti Airtel have been declining. The shares have not produced the expected gains despite press coverage of the 5G auction and digital transformation.

Indian equities enjoyed an upward march for the second day in a row on Tuesday, providing the markets with some much-needed relief from the string of bearish indications. However, analysts see a bleak future. A Reserve Bank of India report makes reference to the possibility of a black swan occurrence and states that it might result in an outflow of 7,80,000 crores from India.