Page 4 - Digital

From AI to digital infrastructure, making high-tech work for India

The Budget's thrust on AI, 5G and data embassies promises to usher in a wider, data-driven digital infrastructure

Budget 2023: Railways makes digital push to end passenger reservation woes

Minister says backend overhaul to increase ticket and enquiry capacity tenfold

Digital public infra to contribute 30-50 bps to medium-term growth

The government expects the platform to significantly boost the ease of doing business with secure, paperless, and hassle-free contracts

Govt likely to launch social media grievance portal within a week

The idea is to create avenues for redressing user grievances against online platforms apart from courts

Delisting of lending apps will be an ongoing process on Google Play Store

Verification involves manual interventions that can be quite complex

Banks jump on the ONDC bandwagon to draw synergy from the network

Nine banks have picked up stake in the Open Network for Digital Commerce (ONDC) network

45 data centres spanning around 13 million sq ft to come up by 2025

Over 69% of new IT capacity of 1,015 Mw will come up in Mumbai and Chennai, with 51% in Mumbai alone

Looking at duty-free access for ODOP products in FTAs: Piyush Goyal

The minister also called for integration of One District One Product initiative with ONDC

ONDC can become next UPI, says Union IT minster Ashwini Vaishnaw

Union IT minister Ashwini Vaishnaw on Tuesday exuded confidence that Open Network for Digital Commerce (ONDC) can become the next UPI, one of India's most successful digital products

Zetwerk buys Pinaka Aerospace to expand defence manufacturing business

Zetwerk has made two other acquisitions and the total value of all three deals is approximately Rs 100 crore

Murugappa Group posts 23% rise in net profit in FY22, manufacturing grows

Murugappa Group's turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21

Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans

ONDC promotes open networks for exchange of goods and services over digital or electronic networks.

House panel seeks spl digital division in CCI to bridge enforcement gaps

Parliamentary Standing Committee on Commerce says antitrust body needs to be strengthened to bridge gaps in enforcement

Creative education, health to play big role for future economies: Basu

Speaking at eighth Pravin Visaria Memorial Public Lecture, Basu stated that for countries like India to emerge as a winner going forward, focusing on creative education and health sectors will be key

Govt clarifies rate of TDS on virtual digital assets continues to be 1%

The 1% TDS will be applicable from July 1, 2022

India has the third most NFT companies headquartered in the world

While the world of NFTs is still in its infancy, many have been quick to realise the potential of this new digital asset class and the multitude of ways they can be used

Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform

Industry average among organised real estate currently at 30%

Cryptocurrencies stabilise, bitcoin rallies after stablecoin collapse

Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates.

Union Bank launches super-app UnionNXT, digital project SMBHAV

Will invest Rs 1,000 cr in FY23; plans to rationalise metro branches as digitisation progresses

'Rapid digital adoption, more capital flow leading to tech talent crunch'

The findings were made by Scaler, which released annual 'Hiring Trends Report 2022', capturing the current hiring trends and demands of the Indian IT industry