Page 5 - Digital Economy

Equalisation levy: Objective, Budget proposal and impact

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

CEOs of top tech firms hail tax norms for digital economy in Budget 2021

They say coming in the wake of Covid-19 pandemic, the Budget looks to strengthen many important pillars for economic recovery and future growth

Data and the Indian state

A set of essays examines the interaction between the expansion of the digital economy and India's socio-political framework

Migration from cash-based economy to digital is a work in progress: RBI

Still a long road ahead, especially across Tier III-VI) and societal cross-sections (senior citizens, migrant workers), apex bank in booklet on Payment Systems

India leads the mobile-first consumer economy amid Covid-19, shows data

While Covid-19 catalysed several trends, it most importantly fast-tracked the transition to a mobile-first world.

India added 1,600 tech start-up, 12 unicorns in 2020: Nasscom report

Depending on headwinds, 2021 promises to be a positive year for Indian tech start-ups - marching steadily towards a trillion-dollar digital economy goal

WTO report warns of protectionist policy in non-digital sectors

The WTR notes that many government policies still retain 'defensive' aspects, particularly in mature non-digital sectors that are subjected to intense competition and technological transition

India's data protection law can propel digital economy, says Facebook

The par panel on Friday quizzed Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country

Paytm enters co-branded credit card biz, to add 2 mn users in 18 months

Paytm, in a statement, said it is aiming to transform the credit market by enabling ''new to credit'' users to join the digital economy

IMF urges policymakers to avoid early withdrawal of support for the economy

Avoid premature withdrawal of support for the economy, as this could inflict tremendous damage," she said.

Paytm accuses Google of trying to dominate India's digital ecosystem

Paytm suggested the global tech giant's move as hypocritical as Google, too, regularly runs similar scratch card campaigns in India under its Google Pay app

Govt aims to enhance digital economy's contribution to 20% of GDP in 5 yrs

Kumar added that AI and other emerging technologies will play a key role in achieving the target, and involvement of all stakeholders is needed

Digital economy, adoption of tech will help achieve $5-trn economy: Goyal

He also stressed the role of productivity in the transformation of any organisation

Pine Labs plans to deploy 150,000 Android POS devices by next fiscal

The company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines and diversify into newer industries

Taxing digital economy

Analysts are increasing their understanding of it

Digital economy poses challenges to both mkt participants, regulators: CCI

The challenge for the regulator is to put in place a legal and regulatory framework and also provide for appropriate safeguards, the Chairperson said

Consulting firm Accenture opens second innovation hub in India at Hyderabad

The latest addition to Accenture's global innovation network houses 2000 professionals with expertise across multiple industries

Taxing the digital economy

Several corporate giants have benefited by avoiding taxes

Cash in circulation rises, hindering Modi govt's digital economy push

Ratio of currency in circulation to GDP has risen to 11.23 per cent as of March 2019, putting question mark over demonetisation aim.