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India

India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog
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14 August, 2024

India should target $500B in electronics manufacturing, create 6M jobs by 2030: NITI Aayog

The $500 billion target comprises $350 billion from finished goods manufacturing and $150 billion from components manufacturing, NITI Aayog said.
Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps
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13 August, 2024

Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps

The RBI plans to create a public repository of digital lending applications deployed by banks and financial institutions, which are...
Reserve Bank of India plans ‘delegated payments’ through UPI
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12 August, 2024

Reserve Bank of India plans ‘delegated payments’ through UPI

The RBI plans to introduce a facility of 'delegated payments' in the UPI to boost digital payments in the country,...
India’s UPI most preferred for retail payments in 2023-24, RBI report says
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9 August, 2024

India’s UPI most preferred for retail payments in 2023-24, RBI report says

India’s UPI has emerged as the most preferred method of retail payments, with a 79.6% share in total volumes of...
India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI
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8 August, 2024

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank...
Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
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