Three years ago, even banks did not give Modi govt's Unified Payments Interface much odds of success. Now, UPI is one of the fastest-growing payment platforms in the world.
Survey, released by LocalCircles Friday, also found that contrary to Modi govt’s intentions Rs 2,000 note has made it easier for people to keep cash in stock.
Alphabet Inc.’s push for digital payments in India ties in with the Modi govt's efforts to use mobile technology to connect rural residents to the banking infrastructure.
The RBI said in its FAQs that after processing, data regarding payments shall be stored only in India & the complete end-to-end transaction details should be included.
The change in demonetisation discourse, from dirty to digital cash, is a tribute to the prime minister's communication skills and his magisterial control over public opinion.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
COMMENTS