Digital Economy

Saturday, Apr 01, 2023 | Last Update : 07:31 AM IST

Digital transactions worth Rs 20k cr seen daily in India: PM Modi

Modi said small online payments are helping build a big digital economy and many new fintech start-ups are coming up

24 Apr 2022 1:55 PM

The Personal Data Protection Bill requires a copy of sensitive personal data to be stored in India, and further prohibits cross-border transfers of critical personal data. Representational Image (DC File Image)

Data curbs can cost India up to $17 bn by 2025: UN

India has a relatively large digital service industry, with strong links abroad

04 Oct 2021 3:43 AM

Companies providing goods and services that differ from the competition through application of non-personal data stand to lose their comparative advantage if the data is treated as a public good. (Photo | Flickr - Kevin Zollman)

Tech This Week | India needs to be more mindful in regulating non-personal data

If non-personal data is made subject to mandatory sharing, data businesses will begin classifying such data as personal.

08 Aug 2020 6:24 PM

Amazon in talks to buy $2 billion stake in Bharti Airtel

The discussions between Amazon and Bharti come at a time when global players are placing major bets on digital arm of Reliance Industries

04 Jun 2020 4:07 PM

Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy. (PTI Photo)

Amid COVID-19, investors bet on Jio and its giant-killer playbook

India’s 10-week lockdown led to a surge in demand for data, boosting Jio’s phone and broadband offerings

04 Jun 2020 1:14 PM

Other factors such as the country’s rural-urban divide have also affected the migration to electronic payments. (Photo: DC)

Love of cash hinders India's move to digital economy

For many citizens living in rural areas, cash is still the bedrock of daily existence because of a lack of facilities.

14 Nov 2019 9:42 AM

Terming the connectivity as the lifeblood of the economy, Nirmala Sitharaman announced a slew of steps to scale up India's infrastructure programmes including augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs 80,250 crore and creating a national highways grid.

Budget 2019 stresses on massive infra investments to grow into USD 5 trillion economy

Infrastructure financing needs have been estimated at around Rs 20 lakh crore a year, said Nirmala Sitharaman.

05 Jul 2019 5:48 PM

Over 40 per cent of India's services exports comes from IT and enable services, she said. (Representational Image)

India's digital economy seen at USD 1 trillion by 2025: Official

By 2025, India is poised to reach USD five trillion economy over all.

31 May 2019 5:47 PM

RBI aims to bring innovation in technology and processes that will eventually save time of end consumers.

RBI's vision document on payment systems to spur digital economy: Fintech firms

The RBI has said it will implement the approach outlined in the document during the period 2019 - 2021.

19 May 2019 2:04 PM

Draft e-commerce policy seeks to provide for consideration and discussion, a policy framework that will enable the country to benefit from rapid digitisation of the domestic, as well as global economy.

Draft e-commerce policy: Some stakeholders seek more time for comments, suggestions

Govt released draft e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow.

06 Mar 2019 3:36 PM

PM Modi, who arrived in Japan on Saturday to attend the 13th India-Japan annual summit and held a series of meetings with top Japanese leaders and addressed the Indian community. (Photo: PTI)

1 GB data cheaper than bottle of cold drink in India: PM Modi in Japan

PM Modi also lauded the Indian diaspora for introducing Kabbadi and Cricket in Japan where martial art is very popular.

29 Oct 2018 4:46 PM

IT Minister Ravi Shankar Prasad. (Photo: Twitter | ANI)

Prasad asks Russia to leverage massive potential of India's digital economy

Prasad said India is pushing its digital economy to touch USD one trillion mark in coming 3-4 years.

05 Oct 2018 1:52 PM

India has taken "serious note" of reported data misuse of social media platforms and such tools will never be allowed to abuse the election process for extraneous means, IT Minister Ravi Shankar Prasad has said. (Photo: ANI)

Social media not to be allowed to abuse election process, says Prasad

The issue of abuse of social media platforms has been under scanner in India over the last few months.

26 Aug 2018 6:21 PM

Union electronics and IT minister Ravi Shankar Prasad on Saturday said that rural digital entrepreneurs are providing livelihood opportunities to nearly 12 lakh rural people. (Photo: PTI)

'Rural digital entrepreneurs providing livelihood to 12 lakh people'

Three lakh common service centres have created rural digital entrepreneurs, says Ravi Shankar Prasad.

05 Aug 2018 10:36 AM

Economic Affairs Secretary Subhash Chandra Garg on Saturday said that India's digital economy is expected to touch a USD 1 trillion mark by 2022. (Photo: PTI)

Indian digital economy will touch USD 1 trillion-mark by 2022: Garg

India is the sixth largest world economy and We would become fifth largest economy by 2022.

15 Jul 2018 6:31 PM

As India continues to leapfrog into the digital revolution and brace the dream of Digital India that Prime Minister Narendra Modi has for the nation, it is also time to take into cognisance the threats that are surrounding us.

Cyber security, data privacy critical for growth of Digital India

The need of the hour is to ensure growth of the digital economy while keeping personal data of citizens secure and protected.

23 Jun 2018 7:07 PM

Provide assistance in terms of ease of setting up SEZ, start-up funds in terms of equity/debt on easy terms, tax holidays.

Obliteration of Indian tech

Provide industry with export benefits, lower GST for digital services and products for local sales, preference for government contracts.

20 May 2018 1:00 AM

Total bilateral trade in services in 2017 was USD 51.8 billion, an increase of 11 per cent from the previous year.

Need for serious negotiations on US-India FTA: experts

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years.

26 Apr 2018 10:56 AM

IT Minister Ravi Shankar Prasad. (Photo: PTI)

Prasad to meet IT industry tomorrow on digital economy roadmap

The country's digital economy is estimated at USD 450 billion presently.

13 Dec 2017 5:48 PM

Telangana minister for IT K.T. Rama Rao along with GIST Catalyst Pitch competition grand champion Ajaita Shah at GES2017. (Photo: Asian Age)

Rajasthani entrepreneur pips all in Catalyst Pitch

Frontier Markets brings clean energy to poor families who are facing deadly cooking and lighting facilities.

01 Dec 2017 3:08 AM

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Syed Ata Hasnain

digital economy