Explore Business Standard
Don’t miss the latest developments in business and finance.
Public good enablers like digilocker, account aggregator system and video e-KYC will drive India's next digital revolution as the country sits on a mammoth volume of 50 billion digital transactions, according to BankBazaar.com founder CEO Adhil Shetty. Finance minister Nirmala Sitharaman recently spoke about the digital revolution in India and that the country has reached 50 billion digital transactions in 2022. This is three times of what it is in the US and UK, and this is built on the digital public good platforms such as UPI, RuPay and Aadhaar across the digital payment revolution, Shetty said in an interaction. "The point BankBazaar wants to make is there is another revolution happening and the world will recognise it in one or two years from now. And that's going to be the next digital revolution which will be driven by Gen 2 digital public good. The Gen 2 digital public good are digilocker, account aggregator, and video eKYC etc," Shetty said. Stating the numbers, he said th
Freshers' hiring intentions have increased to 61 per cent for the July-December 2022 period as employers across India look to hire due to the accelerated rate of tech and digital advancements, according to a report. There is a more than threefold increase in the share of employment opportunities for freshers as overall freshers' hiring intentions for the current HY increased to 61 per cent as compared to July-December 2021, according to TeamLease EdTech Career Outlook Report. At the beginning of the second half of 2022, attracting and retaining talent emerged as a top priority for many leading companies and business leaders, it added. "There is a substantial increase in job openings for freshers, but many demand updated skills and experience due to the accelerated rate of tech and digital advancements globally. Breaking down the hiring intent thus helps identify the right path for students and corporations equally in the times of talent wars," TeamLease EdTech founder and CEO Shanta