Digital Economy

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Digital Economy - Total results - 96
Budget 2020: Govt should revisit spectrum charges, other levies; offer amnesty schemes to telecom firms to enable 5G launch
Business

Budget 2020: Govt should revisit spectrum charges, other levies; offer amnesty schemes to telecom firms to enable 5G launch

Some incumbent players have begun reconsidering their future investment plans for 5G and national broadband, which are slated to form the fulcrum of the government’s ambitious Digital Communications Policy.

Nirmala Sitharaman holds first pre-Budget consultations with representatives of digital economy, startups
Business

Nirmala Sitharaman holds first pre-Budget consultations with representatives of digital economy, startups

Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on 1 February.

Digital economy: Love of cash hinders govt's objectives; currency in circulation rises 17% to Rs 21 lakh cr post-demonetisation
Business

Digital economy: Love of cash hinders govt's objectives; currency in circulation rises 17% to Rs 21 lakh cr post-demonetisation

The demonetisation got rid of old 500 and 1,000 rupee banknotes and Modi said that would boost the country’s digital economy, unearth unaccounted wealth and reduce the use of cash.

To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21
Business

To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21

Top sources said the government is mulling stringent measures which could be announced during the Budget next year to cap the cash holding limit at home or in lockers.

Effective cybersecurity can help in accelerating business transformation
News & Analysis

Effective cybersecurity can help in accelerating business transformation

Staying agile while adding resources into cybersecurity developments will ensure that your business is equipped to adjust to the risk scenario

Digital economy? RBI says currency in circulation soars 17% to Rs 21.1 lakh cr in FY19
Business

Digital economy? RBI says currency in circulation soars 17% to Rs 21.1 lakh cr in FY19

Despite the many an effort to shift to digital payments and usher in a digital payment economy, the currency in circulation has jumped by a hefty 17 percent to Rs 21.10 lakh crore as of March 2019, the Reserve Bank said in its annual report for 2019

FinMin asks PSBs to seek ideas from branches for achieving $5 trillion economy; to prepare roadmap for banking sector
Business

FinMin asks PSBs to seek ideas from branches for achieving $5 trillion economy; to prepare roadmap for banking sector

It will be a bottom-up consultative process with PSBs from the branch level onwards of which will involve discussions at the branch or regional level, state level and national level.

Fintech, startups expect tax sops, funding access, digital push in upcoming Budget FY20
Business

Fintech, startups expect tax sops, funding access, digital push in upcoming Budget FY20

Fintech firms and startups expect the government to usher in a new set of reforms in the upcoming full Budget for the current fiscal

Union Budget 2019-20: Industry and investors seek clarity on growth trajectory; govt needs to step up investment in manufacturing sector
Business

Union Budget 2019-20: Industry and investors seek clarity on growth trajectory; govt needs to step up investment in manufacturing sector

Union Budget 2019 is expected to give the necessary thrust to business sentiments by being the perfect curtain raiser for potentially encouraging times to come

Union Budget 2019: Finance Minister should consider bringing down corporate tax rate for all companies, irrespective of turnover
Business

Union Budget 2019: Finance Minister should consider bringing down corporate tax rate for all companies, irrespective of turnover

In February 2019, the then Interim Finance Minister Piyush Goyal adopted a pragmatic approach by providing a pro-growth and fiscally prudent Budget

Union Budget 2019:  IT industry, startups meet Anurag Thakur to discuss data protection, tax issues
Business

Union Budget 2019: IT industry, startups meet Anurag Thakur to discuss data protection, tax issues

Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI
Business

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI

IAMAI was also of the view that "the process of making the policy itself was less than inclusive and open" as compared to recent national-level policies

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg
Business

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg

The government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP

India far away from being less-cash economy, must address security issues, says Nandan Nilekani
Business

India far away from being less-cash economy, must address security issues, says Nandan Nilekani

Card payments infrastructure must be made more secure in a bid to compete with cash-based system, Nilekani said

Mobile wallet transactions increased 40 times in India in five years; every service provider eyeing Indian market: Gulshan Rai
Business

Mobile wallet transactions increased 40 times in India in five years; every service provider eyeing Indian market: Gulshan Rai

India was one the most advanced countries in the world in terms of expanding mobile wallet payment on a larger scale.

From relief in personal tax rates to simplifying GST procedure, here's a list of issues Budget 2019 should look into
Business

From relief in personal tax rates to simplifying GST procedure, here's a list of issues Budget 2019 should look into

With key global economies like the US going for significant rate cuts, the government may do well to bring down the corporate tax rate for all the companies, irrespective of the turnover criteria.

Biocon's Kiran Mazumdar-Shaw wants support for scitech, growing digital economy
science

Biocon's Kiran Mazumdar-Shaw wants support for scitech, growing digital economy

India is under-invested in science and technology and treading a very scary path: Shaw.

Vibrant Gujarat Summit 2019: Mukesh Ambani urges Narendra Modi to take steps against 'data colonisation' by global corporations
Business

Vibrant Gujarat Summit 2019: Mukesh Ambani urges Narendra Modi to take steps against 'data colonisation' by global corporations

Mukesh Ambani's comments come amid a debate over balancing user protections with support for the fast booming digital economy.

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers
Business

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers

Tokenisation is a process aimed at increasing the security and safety of payment systems by replacing the card details with a unique alternate payment ID or code termed as a ‘token'.

Cryptocurrency industry in Asia face insurance hurdle against the risk of hacks
News & Analysis

Cryptocurrency industry in Asia face insurance hurdle against the risk of hacks

A buy-in from insurers would mark an important step in cryptocurrency industry efforts to show its safe.