DIGITAL INDIA PROGRAM
NABARD partners with Online PSB Loans Ltd to digitalize Jan Suraksha Schemes for regional rural banks
National Bank for Agriculture and Rural Development (NABARD) and Online PSB Loans Limited have signed an agreement to promote financial inclusion through regional rural banks. The collaboration seeks to smoothen the process of enrolment and claim settlement under the Jan Suraksha Schemes for all 43 Regional Rural Banks (RRBs) onboarded on one platform through the JanSuraksha Portal.
Martech jobs on the rise as digital avenues become prominent in marketing
Digitalization has permeated all sectors, including marketing, which is now adapting to significant shifts in consumer behavior through the rise of marketing technology (martech). Martech blends marketing with advanced software tools to gain consumer insights and track marketing performance, ensuring organizational growth.
Over 58,000 MSMEs uplifted by Walmart Vriddhi through digital training, mentorship & business growth
Launched in 2019, Walmart's supplier development program has helped over 50,000 MSMEs get access to tools and mentorship for business growth.
Only 3% of India’s 62 million business owners have SME insurance: ICICI Lombard’s Anand Singhi
Our focus on end-to-end risk management for MSMEs through various tailored digital solutions makes us different, says Anand Singhi, Chief of Retail and Government Business at ICICI Lombard.
Discover the Future of Digital Leadership: Unveiling ISB's Chief Digital Officer Program and the Changing Landscape of CDOs in India!
Unleashing India's Digital Potential: The Rise of Chief Digital Officers (CDOs) Marks a Turning Point in Business Innovation and Global Leadership. As digital transformation sweeps across industries, the role of CDOs emerges as pivotal, driving forward India's technological prowess on the global stage. By spearheading strategic initiatives and fostering innovation, CDOs are reshaping business landscapes and positioning India for unparalleled growth and influence in the digital era.
Force Motors partners with EY Parthenon India for digital transformation program
Force Motors has partnered with EY Parthenon India to undertake a digital transformation programme aimed at boosting innovation and productivity across its value chain. The collaboration will focus on redesigning Force Motors' digital landscape, implementing advanced digital platforms, technologies, and solutions for customers, and enhancing its capabilities and security.
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Indigenous Innovation: A blueprint for systematically achieving Viksit Bharat
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 practices, education initiatives, and robust data governance.
India can be the great link joining the largest population of developers to AI’s immense possibilities
India is projected to surpass the US as the largest software developer community by 2027, with the digital economy contributing significantly to its overall economy. AI tools are revolutionizing software development, leading to substantial gains in productivity. The country's focus on early education in programming and the promotion of open-source collaboration are key factors driving this growth.
'Sweeping generalisation': BJP counters Elon Musk over EVM remark
The BJP on Sunday accused billionaire entrepreneur Elon Musk of making a "huge sweeping generalisation" by calling for eliminating EVMs, saying his views may apply to the US but not to India. In a recent post on X, Musk had said, "We should eliminate electronic voting machines. The risk of being hacked by humans or AI, while small, is still too high."
NHCX, a single portal for all health insurance claims soon: what is the claims process, benefits to policyholders
The digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for the insured.
How video gaming in India is now a ‘Bharat’ phenomenon
The Indian video gaming industry is being catalysed by the exponential growth of India’s IT infrastructure, widespread adoption of smartphones and the proliferation of high-speed internet connectivity. The industry’s evolution is evident in the rising percentage of gamers from non-metropolitan areas, which jumped from 57% in 2022 to 66% in 2023.
G20 Sherpa Amitabh Kant lauds India's digital transformation journey in 9 years
India has made significant strides in digital transformation over the past nine years, with a 96% reduction in data costs and a 1.4 billion people now having a unique digital identity (Aadhar). This has led to greater access and usage of digital services across the country. India's Unified Payments Interface (UPI) has seen exponential growth, contributing 46% of the global share in real-time digital payments.
Full majority, just majority, hung parliament: S&P Global Market Intelligence analyses scenarios and road ahead for India
S&P Global Market Intelligence anticipates continued policy emphasis on strategic sectors post the Lok Sabha election, regardless of outcomes. Factors influencing voter choices include economic growth, inflation, employment, and foreign policy. The analysis explores three election result scenarios, projecting implications on sectors and foreign policy strategies.
Future of green jobs holds immense promise in India: Ramesh Alluri Reddy, TeamLease Degree Apprenticeship
India’s transition towards sustainability holds immense potential in creating new employment opportunities.
Ad lib? Commercial shift in commercials
Television broadcasters anticipate a rebound in advertising revenues following adverse developments last year, including free cricket streaming, sports cannibalizing entertainment ad revenue, and a larger base. Elections and a strong cricketing year are expected to support revenue growth. However, India must adapt to global media consumption habits, with low internet access, online programming, and sports viewership migrating.
SBI, ICICI Bank, Axis Bank, PNB, AU Small Finance Bank warn customers about banking frauds; different scams, ways to safeguard yourself
Bank frauds: SBI recently issued a warning about a scam involving the distribution of an Android Application Package (APK) to users under the guise of redeeming SBI reward points and the precautions to take. Let us take a look at some of the frauds that big banks in India have been warning customers about and how one can stay safe.
New PoS deployment grows at slowest pace since demonetisation: RBI data
Industry insiders told us that while new PoS terminals are still being deployed, it’s mostly in organised and large format retail, which offer all payment forms. However, grocery shops, smaller stores and eateries are tilting towards QR code-based UPI transactions.
Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
Strong financials, steady growth will help Digit’s public listing sail through: Kamesh Goyal
Insurance startup Digit is set to hit the public markets on May 15, looking to raise Rs 1,125 crore through a fresh issue of shares and an offer for sale of 54 million equity shares.
'Rising number of skilled Indian nurses seek overseas opportunities despite domestic demand'
The demand for skilled nurses in India is set to grow by 17-18% by 2027. Trained nurses are increasingly opting for opportunities abroad due to better pay and family visa programs, with Kerala playing a key role in healthcare migration.
How to reskill and upskill yourself in pharma industry
The Indian pharma sector is evolving rapidly, demanding reskilling amidst technological advancements and regulatory shifts. To thrive, professionals must embrace digital transformation, stay updated on regulations, and invest in continuous learning. Soft skills and adaptability are also crucial in navigating market dynamics. Reskilling is imperative for success in this dynamic landscape.
How AI and data can bring another green revolution in India
India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers make informed decisions. AI aids resource management and environmental conservation, but widespread adoption requires collaboration. Farmers' active engagement with data transforms them from beneficiaries to contributors, ensuring a sustainable agricultural future driven by technology.
Airport lounge access through cards getting tougher: Factors you must know to avoid last-minute shock
Airport lounge access: Airport lounges are a very popular feature among travellers in India. However due to rush of passengers in airport lounges, overcrowding issues came up, and to tackle this issue and make lounges accessible to all, certain measures were taken. These measures are aimed at fair usage for all and to provide a good experience to travellers.
"NEP will reshape skilling in India by integrating vocational training from Class 6"
Rabindra Srikantan, vice chairman CII Karnataka State Council 2024-25 and founder and managing director ASM Technologies Ltd spoke about the pivotal role of skill development in harnessing the potential of our youth, supported by government initiatives.
IndusInd Bank pilots cenbank's e-rupee payments program with farmers
IndusInd Bank's project with farmers in Maharashtra involves exchanging carbon credits for CBDCs, managed through digital wallets. The initiative, supported by Varun Hebbalalu and Savio D'Souza in Bengaluru, aims to promote digital currency adoption.
IIM Shillong convocation marks graduation of 349 students across various programs
IIM Shillong's 15th Annual Convocation celebrated academic achievements, with 5 Doctoral Scholars receiving PhD degrees and numerous students awarded MBA degrees. The event highlighted cultural diversity, sustainable living, and the importance of social responsibility in shaping India's future.
RBI proposes distribution of CBDC through non banks; seeks to broaden retail access to digital currency
The Reserve Bank of India (RBI) is expanding the usage of Central Bank Digital Currency (CBDC) by allowing distribution through Non-bank Payment System Operators. CBDC pilots in Retail and Wholesale segments are ongoing with 4.3 million retail users and 4 million merchants. The RBI aims to enhance access by enabling non-bank operators to offer CBDC wallets, testing the platform's resiliency.
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