Digital India
Latest news, explainers and analysis on Digital India. Tracking 14 stories on Arth Vani.
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Latest on Digital India
BreakingPM Modi Inaugurates RBI Cyber Institute, Warns of Economic Cyber Warfare
Prime Minister Narendra Modi inaugurated the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar, emphasizing the critical need to protect India's banking system from growing cyber threats. He highlighted that modern warfare increasingly targets economies and called for robust digital security measures.
IPOBreakingZerodha CEO Nithin Kamath Credits Jio, Airtel for Fueling India's Retail Investor Boom
Zerodha CEO Nithin Kamath stated that affordable data provided by Reliance Jio and Airtel, alongside digital initiatives like Aadhaar and UPI, played a crucial role in expanding India's digital ecosystem. This infrastructure enabled online-first businesses like Zerodha to thrive and significantly drove the surge in retail investing across the country.
DBS Bank India Now Facilitates Online Payments for Customs, Excise, and Service Tax
DBS Bank India has enabled its customers to make online payments for customs duty, excise duty, and service tax, enhancing convenience for businesses and individuals across the country. This move simplifies the tax payment process, aligning with India's broader digital transformation efforts.
BreakingCentre Plans IT Rule Amendments to Bar Under-18s from Social Media, Informs SC
The Centre has reportedly informed the Supreme Court (SC) of its intention to amend the IT Rules, a move aimed at preventing individuals under the age of 18 from accessing social media platforms. This significant regulatory change seeks to enhance online safety and protection for minors across India. Further details on the specific amendments and their implementation are anticipated.
Finance Ministry Explores AI for Loan Collection, Seeks Banks' Inputs
The Union Finance Ministry is actively assessing the adoption of Artificial Intelligence (AI) tools by Indian banks for loan collection processes. As part of this review, the Ministry is seeking detailed inputs from various banks to understand their current usage and future potential.
Digit Insurance Simplifies Claims: How Paperless Processing is Changing General Insurance
Go Digit General Insurance has overhauled the traditional insurance claim process by introducing a fully digital, paperless system. This innovation, now a case study for efficiency, aims to reduce settlement times and improve the experience for Indian policyholders.
GCC Investments Surge in India's Tech and BFSI Sectors as Ease of Doing Business Improves
Global Capability Centres (GCCs) are significantly increasing their footprint in India, particularly within the Banking, Financial Services, and Insurance (BFSI) and technology sectors. According to Nasscom, this surge is driven by India's improved regulatory environment and the availability of high-end digital talent.
Government Links Fertiliser Sales to Farmer Land Records via AgriStack ID
The Indian government has integrated its large-scale fertiliser management system with farmer and land data. This means farmers will now need to use their AgriStack ID for fertiliser bookings, linking purchases directly to their verified land details.
BreakingUPI to Remain Free? PhonePe and Razorpay CEOs Back Zero Charges for Consumers
Top fintech leaders Sameer Nigam and Harshil Mathur have voiced strong support for keeping UPI transactions free for retail users. This comes amid ongoing industry debates regarding the Merchant Discount Rate (MDR) and potential costs for digital payments.
Indian Government Reviews Meta's Systems Over Intermediary Status
The Centre is currently examining whether Meta's content recommendation systems and paid content promotion methods align with its legal 'intermediary status' under India's IT Act. This review stems from increasing concerns over content moderation, the spread of deepfakes, and unlabelled artificial intelligence (AI) generated content on its platforms.
Reliance Jio Files for Massive IPO: What Retail Investors Should Know
Jio Platforms has filed its preliminary papers for a landmark IPO featuring a fresh issue of 27 crore shares. The move aims to cut debt and accelerate growth for India's dominant digital and telecom services provider.
India’s Travel Boom: Why Brokerages Are Bullish on TBO Tek and Ixigo
India's travel industry is rapidly shifting from local offline agents to digital platforms. Brokerage firm Motilal Oswal identifies TBO Tek and Ixigo as the primary winners in this tech-driven transformation.
India’s Consumption Boom: Falling Interest Rates and Tax Cuts to Spark Retail Growth
A revival in Indian retail consumption is on the cards as falling interest rates and existing tax benefits increase disposable income. Experts predict this broad-based recovery will be further fueled by digital platforms over the next decade.
Adani Energy Bags IntelliSmart for ₹3,050 Crore to Lead Smart Metering Wave
Adani Energy Solutions has acquired smart metering company IntelliSmart Infrastructure in a deal worth ₹3,050 crore. This move positions the company at the forefront of India's digital utility revolution, aiming to modernize household electricity billing and management.
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