India’s digital revolution set to create a $1 trillion economy by 2028: Report
New Delhi: India’s financial ecosystem has undergone a significant transformation, driven by deep internet penetration, affordable 4G and 5G services, and a range of government digital initiatives.
Mumbai: India’s fintech industry has garnered an investment of over $31 billion in the last 10 years and the startups in this space have recorded a growth of over 500 percent.
NPCI International partners with Bank of Namibia to deploy India’s UPI stack in Namibia
Mumbai: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia.
India's UPI to be available in Sri Lanka soon
New Delhi: India's instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka.
MeitY seeks proposals to estimate India's digital economy
New Delhi: The Indian government is looking to estimate the size of the country’s digital economy and in this regard the Ministry of Electronics and Information Technology (MeitY) invited proposals, media reports said.
New Delhi/IBNS: Finance Minister Nirmala Sitharaman has taken major steps in financial inclusion and further digitisation of the rural economy with the announcement of integrating 1.5 lakh post offices under the core banking system and creation of 75 digital banking units.
Digital economy can put citizens in control of finance, says UN taskforce
New York: A UN taskforce set up to look into the risks and benefits of the digital economy, has concluded that it could have a transformational impact on sustainable development, and empower citizens, both as taxpayers and investors.
Google to invest Rs 75,000 cr more to fast pace India's digital economy
New Delhi/IBNS: Google Chief Executive Officer Sundar Pichai has said the company would invest an additional Rs 75,000 crore to accelerate the pace of India's digital economy and added that the company is "proud to support" Prime Minister Narendra Modi's vision.