Tag «Demonetisation»

Digital Payments increase by 55 percent in 2017

digital payments in india

Due to the ban, digital payment has increased 55 percent in the financial year 2016-17. The policy commission gave this information on Monday. In the ‘Digital Payment – Trends, Issues and Challenges’ organized by FICCI, Principal Advisor of the Policy Commission Ratan P. Wattal said that by the end of fiscal year 2015-16, digital payments …

US inspired by India’s demonetization move

us inspired by demonetisation

The US can learn many lessons from India’s move towards a cashless economy, a top Silicon Valley expert has said while underlining that India “may have leapfrogged” American technology industry with simple and practical innovations. “India may have leapfrogged the US technology industry with simple and practical innovations and massive grunt work. It has built …

Planning to buy Bike/Car, This is the best time, Here’s why

auto sales 2017

Monthly automobile sales growth rate in India slipped to a 16-year-low in December with total vehicle sales declining by 18.66 percent as demonetisation hits the industry hard. According to latest SIAM data, most of the major segments, including scooters, motorcycles and cars, witnessed record decline December sales as the automobile sector continued to bear the …

Cyber security may face threats in days to come: ex-Nasscom

cyber security

Cyber security in India may face increased threats as digital connectivity enhances following demonetization of Rs 500 and Rs 1000 notes, said BVR Mohan Reddy, former Nasscom chairman. “With the increase in digital connectivity and with demonetisation, cyber security becomes a crucial element for India,” a statement quoting Reddy, also the Founder and Executive Chairman, …