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INDIA DIGITIZATION
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
DigiLocker partners with AAERI to fast-track document verification for Indian students heading to AustraliaIndia's DigiLocker now aids students applying to Australian universities. The AAERI Verify platform offers secure and paperless document au...
UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
‘Bharat’ is going digital on its own termsBharat’s consumers may be hesitant to purchase certain products online, but it’s clear that they are ready to embrace digital shopping.
Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
India's next crypto policy: What a balanced regulatory framework should look likeIndia currently lacks a well-defined legal framework for virtual digital assets, even though these assets are recognized for tax purposes. ...
Proposed UPI MDR changes spark reactions from politicians, Industry leaders and usersA debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...
Microsoft launches fourth India cloud region in HyderabadThe new 'India South Central' cloud region makes Microsoft the provider with the largest hyperscale cloud presence in the country, adding t...
India to launch digital gold regulatory framework next yearThe Indian government is likely to roll out regulations for digital gold in the coming year, backed by discussions involving critical minis...
Vizag to emerge as India's top digital infra hub, to create 52,000 jobs: ReportVisakhapatnam is set to become a major digital infrastructure hub in India. Its growing data centre ecosystem will create nearly fifty-two ...
Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
Internet subscribers cross 109 crore; 2.21 lakh Gram Panchayats made service-ready under BharatNet: GovtInternet subscribers have surpassed 109 crore, and over 2.21 lakh Gram Panchayats are now service-ready. Telephone connections also saw a s...
UAE-India: More than just energyIndia's rapid economic growth positions it as a key partner for the UAE. The two nations are enhancing trade and industrial collaborations ...
India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
India writing new chapters in AI, semiconductors and space, says PM ModiPrime Minister Modi lauded India's youth for driving technological advancements and economic progress. Young entrepreneurs are powering Ind...
Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...