Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.
Despite the ban placed on Paytm Bank, One97 Communications, the parent firm of Paytm, received approval to become a third-party service provider on the country’s Unified Payments Interface (UPI) infrastructure.
The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.
In India, the local government has decided to allocate $15.2 billion in government funding for the construction of chip manufacturing plants.
India has been an observer of the process that can be called the chip race for several years, but gradually this country changed its status, becoming an active participant in the large-scale development of the microcircuits production system.
Financial fraud is the major type of cybercrime in India. The value of online financial frauds rose twofold last year, highlighting the lack of coordination between different local regulatory bodies on tackling cyber financial scams. Here are the most outrageous scam cases that recently occurred in India.
The media reported that Google plans to launch production of its Pixel smartphones in India by the next quarter.
The fintech company PhonePe Pvt., which is part of the Walmart ownership structure, announced the launch of a digital mobile apps store for consumers from India.
Amazon Bazaar platform will offer a selection of affordable unbranded clothing and accessories to value shoppers in India.
The Mumbai Metropolis Metaverse platform allows all the local citizens and other interested people to explore both newly launched and upcoming infrastructure projects in 3D or virtual reality (VR).
In India, the local banking regulator has no intention of tightening the rules governing the fintech sector in this country.
In India, a country renowned for its rich diversity and vibrant culture, it is of utmost importance to ensure the safety and security of both its residents and visitors. The well-being and protection of individuals is a primary concern in numerous cities across the country.
Satya Nadella, Chief Executive Officer of Microsoft Corporation, called on the world’s countries to step up investment in the artificial intelligence industry.
India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.
Along with banning Paytm Payments Bank from all forms of banking services, the Reserve Bank of India (RBI) has passed information about thousands of suspicious bank accounts to the country’s financial crime-fighting agency.
The Reserve Bank of India (RBI) has banned Paytm Payments Bank from all forms of banking services, including bank transfers and accepting deposits.
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