DIGITAL ECONOMY

India’s Digital Competition Bill has turned previous foes in the tech industry into unlikely allies and sparked a polarising debate on market practices. The Committee on Digital Competition Law (CDCL) on February 27, submitted its report to the mini...

Indonesia experienced a significant cyberattack that affected over 230 public agencies, including ministries, causing disruptions to various government services such as immigration and operations at major airports. The attackers demanded an $8 milli...

A new open-source stack called Beckn-ONIX (Open Network in a Box) makes it possible to deploy and configure Beckn-enabled networks in just minutes. This virtual appliance simplifies deployment and configuration, accelerating the creation of open net...

It is important to understand network effects because it is the singular force that drives economic value in the digital economy, as opposed to the traditional economy.

India's digital economy is on track to reach $1 trillion by 2030 with a growth rate 2.8 times that of regular GDP. Leveraging the CHIPS framework and strategic partnerships, India aims to secure a prominent global position through sustainable practi...

The fact that 'unpleasantness' is perceived as a criterion for textbook excision tells a sad story about NCERT's understanding of pedagogy and knowledge. If fake facts for our young are to join the trough of fake news to maintain some skewed notion ...

The DPDP Act, passed in August, aims to have administrative rules notified within a year to ensure compliance. The Act focuses on personal data collection, processing, and storage, marking India's first regulation on digital personal privacy. The ru...

The Reserve Bank's proposal to establish a digital payments intelligence platform aims to combat fraud and enhance consumer trust. A committee led by A P Hota will assess the creation of this platform, leveraging advanced technologies to mitigate pa...

As part of the deal, the latest in a number of global tech companies expanding into Southeast Asia, ByteDance will also expand its data centre facilities in Malaysia's Johor state through an additional 1.5 billion ringgit investment, Investment, Tra...

According to a press release by the Ministry of Commerce and Industry, the event, brought together over 60 global investors and financial institutions, showcasing India's burgeoning opportunities in infrastructure, clean economy, and digital transfo...

Along with Hota, representatives of NPCI, State Bank of India, HDFC Bank and ICICI Bank have been made members of the committee. The platform will establish operational guidelines for the proposed processes, determining the extent of data to be prov...

Technology policy lawyers, think tanks and policy groups are making a list of priority items for the new leadership at the IT ministry after the results of the general elections. The Digital Personal Data Protection (DPDP) Rules seem to top the list...

The record high transactions come after a month-on-month dip in volumes in April to 13.3 billion, with the network dropping 1% from 13.44 billion in March. In May, the average daily transaction value was Rs 65,966 crore with average daily volumes at...

Four members of IAMAI, including Bharat Matrimony, Match Group, Hoichoi, and ShareChat, express divergent views on ex-ante regulation in the draft DCB to the Ministry of Corporate Affairs.

According to the 2023-24 annual report of the Ahmedabad-based conglomerate's flagship company Adani Enterprises, the user base of the superapp grew to 30 million at the end of the financial year. The company aims to expand the superapp's customer ba...

The European Union wrapped up approval of the world's first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Gene...

The AI agent, Beckn Generative Pre-trained Transformer or BecknGPT, is an open-source demonstration app over Open AI’s ChatGPT.

The government earlier expected India to reach the $1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, IT minister Rajeev Chandrasekhar said.

UPI user base has been hovering around 300 million for some time; RBI, banks are trying to push up this number.