Around 47 per cent of the digital transactions are in India and the unified payments interface (UPI) has gone global in its scope, Union Minister of Communications Jyotiraditya Scindia has stressed.
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A sandbox is a controlled environment where businesses can experiment while minimising regulatory or legal risks.
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IDC expects growth to remain in low single digits throughout the year, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used devices.
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Trust, deregulation and reciprocation are the cornerstones of avoiding the middle-income trap and achieving long-term economic prosperity, Chief Economic Advisor (CEA) Dr V. Anantha Nageswaran said on Thursday.
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RBI’s FY25 net income surged by 27% due to higher global interest rates and dollar sales, enabling a record surplus transfer to the government. Increased returns from foreign currency assets and forex transactions significantly contributed to this rise. The central…
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The default stems from BluSmart halting operations and stalled deal talks, jeopardising loan repayments secured against vehicles. With vehicles now under lessor’s control, recovery efforts are underway amidst investigations into fund diversions by Gensol’s promoters.
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