Ritesh Shukla was speaking at the Global Technology Summit (GTS) 2021 organised by think tank Carnegie India and the Ministry of External Affairs. ThePrint is a digitial partner.
Since the enactment of PSS Act in 2007, the digital payments landscape has undergone extensive changes but the law governing it in India continues to function with various gaps.
BillDesk, backed by Visa, was one of the pioneers of online payments in India alongside larger rival Paytm. Its services are common especially among retailers in the country.
These vouchers are person- and purpose-specific, meaning if they are released by the government for the purpose of vaccination, then they can be redeemed only for that.
In a boost to India's digital payments space, four consortiums have shown interest in new umbrella entities (NEUs). ThePrint explains what they are and why there's an interest.
The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems, with more firms banding together before a 31 March deadline.
Survey says that while demonetisation brought digital payments into mainstream, GST enabled it further, but it is the Covid-19 pandemic that has really accelerated it.
Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
Not only did S-400 record its longest hit during India-Pakistan 88-hour conflict, ability of the system to shoot and scoot in a short time, which allows it to evade enemy fire, was also proved.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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