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digital economy

Digital economy to contribute over 20% of India's GDP by 2026, says Rajeev Chandrasekhar

Digital economy to contribute over 20% of India's GDP by 2026, says Rajeev Chandrasekhar

Thu, Aug 17, 2023

Chandrasekhar said 'the centre of gravity of tech', which used to be in a few countries and centred around a few corporations and a few companies is moving to open source systems to younger and younger startups that are disrupting the normal.

India360: Cabinet approves Digital Personal Data Protection Bill

India360: Cabinet approves Digital Personal Data Protection Bill

Wed, Jul 05, 2023

Digital Personal Data Protection Bill: Technology is continuously expanding in the country and the world. In such a situation, it is also being misused somewhere. Many times the news of cybercrime comes out with data theft. To stop all these, the government has taken a big step regarding the protection of personal data. Which has got approval from the cabinet.

Nepal will focus on digital economy, says PM Dahal

Nepal will focus on digital economy, says PM Dahal

Sat, Jun 24, 2023

Nepali Prime Minister Pushpa Kamal Dahal has said that his government had prioritised the development of the digital economy and digital services to improve the service delivery to people.

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Bangladesh unveils $71 billion budget on digital economy, cashless society

Bangladesh unveils $71 billion budget on digital economy, cashless society

Fri, Jun 02, 2023

The Bangladesh government has unveiled a record 7.62 trillion taka ($71 billion) national budget for the 2023-24 fiscal year starting in July.

USD 47 trillion economy by 2047 achievable, Union Minister Piyush Goyal says at 17th India Digital Summit 2023

USD 47 trillion economy by 2047 achievable, Union Minister Piyush Goyal says at 17th India Digital Summit 2023

Tue, Feb 21, 2023

"We are about 420 billion merchandise exports last year and 254 billion of service exports. My own estimates say that these will converge by 2030,” said Piyush Goyal.

Govt targets to cross 1 crore job-mark from digital economy in next 2 years

Govt targets to cross 1 crore job-mark from digital economy in next 2 years

Wed, Nov 30, 2022

The minister said that India is now becoming a technology producer from being a technology consumer.

US companies geared up to be part of India's vision to become US $30 trillion economy: USIBC president

US companies geared up to be part of India's vision to become US $30 trillion economy: USIBC president

Sun, Aug 28, 2022

India, he said, could be a real agricultural superpower if it works on instituting the right conditions for its producers and farmers.

5G auction from July 26: Airtel to play pivotal role in India's digital-first economy, says Sunil Mittal

5G auction from July 26: Airtel to play pivotal role in India's digital-first economy, says Sunil Mittal

Fri, Jul 22, 2022

A total 72 GHz (gigahertz) of radiowaves worth at least Rs 4.3 lakh crore will be put on the block during the auction, scheduled to begin on July 26.

How fintech is accelerating growth of the digital economy - Expert explains

How fintech is accelerating growth of the digital economy - Expert explains

Wed, Mar 02, 2022

"Many key fintech themes are changing the composition of the economy."

Only 38% Indians concerned about data misuse: Report

Only 38% Indians concerned about data misuse: Report

Sun, May 19, 2019

Just 38 per cent Internet Indians are concerned about data misuse compared with 63 per cent in Spain, shows a survey by Germany-based data research firm Statista.

Draft e-commerce policy calls for legal framework to regulate unsolicited commercial messages, calls

Draft e-commerce policy calls for legal framework to regulate unsolicited commercial messages, calls

Sun, Feb 24, 2019

"Unsolicited commercial messages (on various platforms including but not limited to SMSs, emails etc.) and calls will be regulated. A legal framework for this will be developed," the 41-page draft said.

Job creation: This initiative will help 5 mn Indians to get employed

Job creation: This initiative will help 5 mn Indians to get employed

Tue, Mar 20, 2018

Telecom service provider Vodafone on Tuesday announced the launch of a new digital skills and jobs initiative that aims to help five million youth in India and 10 million young people across 18 countries find employment by 2022. The initiative, named "What will you be?", launched internationally

Some WTO members to push for e-commerce rules as broader deal fails

Some WTO members to push for e-commerce rules as broader deal fails

Thu, Dec 14, 2017

A group of 70 World Trade Organization countries pledged on Wednesday to work toward new electronic commerce trade rules that promote open and predictable regulations, joining the initiative as a broader WTO agreement failed.

Demonetisation may have hurt more than it helped

Demonetisation may have hurt more than it helped

Sat, Sep 02, 2017

It will take time for the economists to figure out whether the fall in the growth rate to 5.7 per cent is the result of the disruption caused by demonetisation and the Goods and Services Tax (GST), but most of the common people will see a connection between the two steps and a slowing down of the

SBI cuts money transfer charges for NEFT and RTGS by up to 75%; see full list

SBI cuts money transfer charges for NEFT and RTGS by up to 75%; see full list

Thu, Jul 13, 2017

India's largest bank the State Bank of India (SBI) on Thursday said that it is reducing charges on NEFT and RTGS money transfers by up to 75%.

Govt initiatives on digital India in Budget 2017 a positive move says ad industry

Govt initiatives on digital India in Budget 2017 a positive move says ad industry

Wed, Feb 01, 2017

Apart from this, the government has announced initiatives to push digitisation in rural areas which will being about more people on the internet.

Budget 2017: Govt to focus on BHIM, Aadhaar Pay to move towards digital economy

Budget 2017: Govt to focus on BHIM, Aadhaar Pay to move towards digital economy

Wed, Feb 01, 2017

The government will also launch two new schemes to promote the usage of the BHIM app.

Here are 10 key themes of FM Arun Jaitley's Budget 2017

Here are 10 key themes of FM Arun Jaitley's Budget 2017

Wed, Feb 01, 2017

Find out the 10 key themes of India's Union Budget 2017-18 as the FM Arun Jaitley begins his speech on Budget 2017.

Australia plans to tax all digital transactions

Australia plans to tax all digital transactions

Wed, Jan 11, 2017

The Australian government plans to tax all online transactions, Treasurer Scott Morrison said on Wednesday, as part of a so-called `tax strike` on the rapidly-growing digital economy.

Industry concerned over economic revival post demonetisation

Industry concerned over economic revival post demonetisation

Tue, Jan 03, 2017

Industrialists on Tuesday expressed their concerns about the revival of the economy post demonetisation in a closed-door meeting with Union Coal Minister Piyush Goyal in Kolkata. The minister met the country's top industrialists at the CII national council meeting.

SBI partners with Hindustan Coca-Cola Beverages, Coca-Cola India to provide digital payment solutions in biz transactions

SBI partners with Hindustan Coca-Cola Beverages, Coca-Cola India to provide digital payment solutions in biz transactions

Tue, Jan 03, 2017

With an aim to meet the government's vision of digital economy, SBI has partnered with Hindustan Coca-Cola Beverages and Coca-Cola India on Tuesday to facilitate digital payment solutions in business transactions.

No more cash: All wages to be paid via bank transfer, cheques

No more cash: All wages to be paid via bank transfer, cheques

Wed, Dec 21, 2016

He said, "It has been decided to substitute section 6 of the Act so as to enable the employer to pay the wage to the employed person also by cheque or crediting it to their bank account."

Digital banking may eat into ATM business

Digital banking may eat into ATM business

Sat, Dec 03, 2016

With the government nudging people towards digital banking modes -- payments through mobile phones, Point-of-Sale (PoS) machines and others -- ATM players may find their business in a flux in the coming years.

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