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India's tech spending growth is projected to be the highest in the Asia Pacific (APAC) region for 2026.
The estimated growth rate for India in 2026 is 13.4%, a slight decrease from 13.7% in 2025.
Factors like escalating tech costs, volatile hardware markets, and energy supply disruptions are impacting purchasing power across APAC.
Sovereignty mandates are also identified as a key influence on regional tech spending trends.
Increased tech spending directly supports the goals of Digital India, promoting digital literacy, infrastructure, and services.
Domestic tech spending can boost local manufacturing and innovation in the technology sector, aligning with 'Make in India' objectives.
Technology adoption and spending are key drivers of productivity and economic growth, contributing significantly to India's overall GDP.
GS-III (Economy - Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Science and Technology - Developments and their applications and effects in everyday life).
General Awareness (Economy, Current Affairs).
General Awareness (Economy, Current Affairs, Digital Banking trends).
Consider the following markets: 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets?
Answer: Only two
With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct? 1. It is a Public Limited Government Company. 2. It is a Non-Banking Financial Company. Select the correct answer using the code given below.
Answer: Both 1 and 2
Consider the following statements: Statement-I : Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable. Statement-II : InvITs are recognized as borrowers under the 'Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002'. Which one of the following is correct in respect of the above statements?
Answer: Statement-I is incorrect but Statement-II is correct
Medium (Economic reports and forecasts are regularly featured in competitive exams, especially for their implications on national development and policy).
The total investment made by businesses, governments, and individuals in technology products, services, and infrastructure.
Asia-Pacific region, a vast geographical area comprising East Asia, Southeast Asia, South Asia, and Oceania, known for its dynamic economies.
Government policies or regulations aimed at promoting domestic control over data, technology, or supply chains, often driven by national security or economic interests.