Page 4 - Digital Economy

India-US Trade Policy Forum meeting expected soon, says Piyush Goyal

Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy

Should there be charges on UPI fund transfers?

Will you be comfortable paying for your daily UPI transactions? This is one of the many questions that the RBI has asked from the public as it wants to help make this digital ecosystem sustainable.

India to become hub for global app innovation, says Google Play executive

Indian apps and games on the Android platform clocked 200% increase in active monthly users between 2019 and 2021

Digital economy is space for growth, opportunity between India, US: USIBC

Describing the digital economy as a goose that lays golden eggs, the head of the US-India Business Council (USIBC) has called for the creation of structures, regulations and the legal framework to ensure the continued vitality and growth of this key sector in the US and India. Addressing the 7th India Ideas Conclave in Bangalore on Sunday hosted by the India Foundation, at the panel Commerce & Industry 2.0. President of the USIBC Atul Keshap discussed India's impressive development, the success of government-led digitisation efforts, and the country's status as the fastest-growing large economy. Digital economy trade is the goose that lays the golden eggs between both of our countries...My appeal to you would be that we make sure that we create the structures, and the regulations, and the legal framework to ensure the continued vitality and continued growth of the digital economy in the United States and India, Keshap, also a former top American diplomat, said. There is a sweeping

Taxing digital companies: UN tax panel working on new set of rules

Discusses adopting multilateral approach in tax treaties for faster solution

Google aims to bring benefits of digital economy to Telangana youth, women

Google on Thursday signed a Memorandum of Understanding with the Telangana government to bring benefits of digital economy to youth and women entrepreneurs

Indian startups, big firms aim to make digital economy personal: Adobe

New innovations in Adobe Experience Cloud are customising experiences for millions of people and from startups to big firms in India, the aim now is to make the digital economy personal, Adobe said

Digital economy to see exponential growth to $800 bn by 2030: FM

The total number of retail investor accounts has almost doubled, from about 45 million as of March 2016 to 88.2 million by March 31 2021, said Finance Minister Nirmala Sitharaman

Spread of digital economy leads to demand surge in tech space: Study

The top-five digital skill domains in demand in September-November 2021 are Testing, Platform Technologies, Java, Cloud Infra, and Data Analytics

Controlling mergers in digital markets a challenge: CCI chief Ashok Gupta

'Merger reviews in technology markets need to be guided by case-specific economic evidence,' says Ashok Gupta.

We're almost cashless societies, but let's not rush too quickly into future

It isn't the pandemic that's putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us

Mobile industry vital for India to be $5 trn economy by 2025: K M Birla

The mobile industry will play a "vital" role in India's vision to be a $5 trillion economy by 2025, of which $1 trillion will be the contribution from digital economy, Aditya Birla Group Chairman said

Strive to place India among top 2 digital economy globally: Mos IT

The primary objective of the government is to make the country a trillion dollar digital economy and at least one of the top two digital economies in the world, MoS for Electronics and IT said

Open network for e-commerce: Beneficial for sellers and consumers?

The government plans to democratise e-commerce with Open Network for Digital Commerce and end what it says monopolistic practices in India. Let us find out how ONDC may benefit sellers and consumers

BNPL players hawk nearly $8 billion in credit to a wide swath of society

They are largely digital non-banking financial companies with credit lines from banks

China's Xi vows tighter oversight of tech firms, digital economy

The wide-ranging crackdown has covered much of the vast digital industry

Digital niche, super niche skills demand surge since Apr-June: Report

Demand for talent with digital niche and super niche skills has witnessed a surge since the April-June quarter following growth in the digital economy

Account Aggregator system can democratise credit, bolster lending ecosystem

An AA enables a free and instant exchange of financial data between FIUs and FIPs with the consent of customers

India's consumer digital economy to grow 10x to $800 bn by 2030: Redseer

Online retail is set to become the third-largest by scale with an annual GMV of $350 billion by CY30

India's consumer digital economy to touch $800 billion by 2030

Driven by online shopping across the spectrum, India's consumer digital economy, which was pegged at $85-90 billion in CY20, is expected to become a $800 billion market by 2030: report