This is an increase of 4% over 2014, ans will be fuelled by rising mobile users and availability of cheap smartphones.
Nearly two million e-mandates for recurring payments have been registered with banks and card networks after the Reserve Bank of India (RBI) made it mandatory from October 1 to take prior consent of a customer before debiting her account, sources in know of the matter said. Industry estimates peg the recurring transactions at approximately 2.5 per cent of the total volume of transactions, and about 1.5 per cent in terms of value. Of these, around 75 per cent of domestic recurring transactions, and about 85 per cent international recurring payments are below Rs 5,000.
Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
Aiming to provide seamless state-of-the-art communication network, RailTel - the telecom arm of railways - will launch Railwire, a high capacity broadband service, in rural and remote areas of the country.
Internet and telephony major Videsh Sanchar Nigam Ltd is gearing up to provide India-centric managed services to international customers
It would be ludicrous to expect Modi, Erdogan or Biden to pay to keep blue ticks on their respective official accounts. It would be equally ludicrous to expect the Delhi Metro or the Income Tax Department to pay, points out Devangshu Datta.
Telecom operators are not opposed to over-the-top service providers like Skype, Viber, WhatsApp but looking to work in synergy with them, Bharti Enterprises Vice Chairman Akhil Gupta said on Wednesday.
The ATRs have been sought on a range of matters within four weeks, the officials said.
In fresh violence in Manipur, two houses were torched by a mob in Imphal East district after two armed miscreants forced people to shut their shops on Monday afternoon, police officials said.
Is India headed there again? questions Ajit Balakrishnan
In a bid to ensure security of card data, the Reserve Bank of India (RBI) has enhanced the scope of tokenisation and permitted card issuers to act as token service providers (TSP). Under tokenisation services, a unique alternate code is generated to facilitate transactions through cards. The RBI on Tuesday extended the device-based tokenisation to card-on-file tokenisation (CoFT) services, a move that will bar the merchants from storing actual card data. Card-on-file refers to card information stored by payment gateway and merchants to process future transactions.
Kerala Chief Minister Pinarayi Vijayan on Thursday declared the southern state as India's first fully e-governed state where an entire range of government services have been digitised so that they can be provided to the citizens promptly and transparently.
Shortly after a controversy erupted over government's plans to snoop on every message sent through WhatsApp, SMS, e-mail or any such service, the Department of Electronics and Information Technology clarified that social media websites and applications will be exempted from the purview of the draft National Encryption Policy.
In order to check online child pornography, government has initiated steps to devise a mechanism to access Interpol's 'worst-of-list' through Central Bureau of Investigation and disable such content on internet.
Before participating in such a scheme, do a detailed background check of the company's credentials, especially if the promised returns are unrealistic.
Customers of MG's upcoming mid-size SUV will benefit from Jio's widespread internet outreach, along with the connectivity, not only in metros but also in small towns and rural areas, MG Motor said in a statement. "Technology and innovation are leading the connected car space in the automobile industry.
Government personnel have been barred from using private e-mail services for official communications.
The facility will be available for domestic as well as foreign carriers flying in Indian skies.
Gulf Bridge International, the Middle East's privately-owned submarine cable operator, has signed an agreement with India's internet services firm Sify Technologies for its sub-sea cable system in India.
It will be difficult for the AAP govt to maintain subsidies.
It is startling that Mark Zuckerberg has failed to convince so many in India about the merits of Free Basics.
Normal life remained disrupted across the Kashmir Valley for the 26th consecutive day, with markets closed and public transport off the roads.
Govt announces slew of schemes for rural India
Four persons, including a forest guard, were killed in violence at the Assam-Meghalaya border in West Karbi Anglong district in the early hours of Tuesday after a truck transporting illegal timber was intercepted, officials said.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
The Union Cabinet has approved the modalities for holding 5G spectrum auctions, and 72097.85 MHz of radio waves will be put on the block by July-end, an official release said on Wednesday.
A detailed investigation done by the NIA and other security agencies indicated that over 40 virtual SIM cards were used in the Pulwama attack alone, and there are probably more of them floating in the cyberspace of the valley.
Several legislators cutting across party lines in Maharashtra on Thursday staged an agitation outside the Mantralaya, the state secretariat in south Mumbai, in support of the demand for reservation to the Maratha community.
There are more than 30,000 commercial Wi-Fi hotspots in India, and very few public hotspots.
With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.
TRAI seeks views to regulate net-based calling, messaging apps
Business establishments remained closed on Tuesday morning and people were asked by security personnel to remain indoors through the public address system in New Chekon area of Imphal East district, where a mob torched two houses after four armed people, including a former MLA, forced people to shut their shops on Monday.
The ministry of railways is set to invite bids for content on demand and rail radio services, to be provided for travellers in April, says Shine Jacob.Shine Jacob in New Delhi
Nearly 650 people have been killed in the recent unrest in Bangladesh between July 16 and August 11, the United Nations Human Rights Office has said in a preliminary report, suggesting a thorough, impartial and transparent investigation into reports of extrajudicial killings, arbitrary arrests and detentions.
China on Tuesday alleged that US billionaire Elon Musk-owned SpaceX's satellites had two 'close encounters' with its space station in orbit, and has complained to the United Nations about the incidents which endangered the safety of the Chinese astronauts.
NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
Prime Minister Narendra Modi on Monday launched e-RUPI, a person and purpose specific digital payment solution that is aimed at improving transparency and targeted delivery of benefits. Over the years, several programmes have been launched to ensure that the benefits reach its intended beneficiaries in a targeted and leakproof manner, with limited touch points between the government and the beneficiary. The concept of electronic voucher takes forward this vision of good governance. To begin with e-RUPI facility is available for health services and will be expanded to other segments.
An internet spy system -- Netra -- will help Indian security agencies decode messages sent by terror outfits like the Indian Mujahideen and Tehrik-e-Taliban on social media.
