Page 4 - Digital Economy

WTO report warns of protectionist policy in non-digital sectors

The WTR notes that many government policies still retain 'defensive' aspects, particularly in mature non-digital sectors that are subjected to intense competition and technological transition

India's data protection law can propel digital economy, says Facebook

The par panel on Friday quizzed Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country

Paytm enters co-branded credit card biz, to add 2 mn users in 18 months

Paytm, in a statement, said it is aiming to transform the credit market by enabling ''new to credit'' users to join the digital economy

IMF urges policymakers to avoid early withdrawal of support for the economy

Avoid premature withdrawal of support for the economy, as this could inflict tremendous damage," she said.

Paytm accuses Google of trying to dominate India's digital ecosystem

Paytm suggested the global tech giant's move as hypocritical as Google, too, regularly runs similar scratch card campaigns in India under its Google Pay app

Govt aims to enhance digital economy's contribution to 20% of GDP in 5 yrs

Kumar added that AI and other emerging technologies will play a key role in achieving the target, and involvement of all stakeholders is needed

Digital economy, adoption of tech will help achieve $5-trn economy: Goyal

He also stressed the role of productivity in the transformation of any organisation

Pine Labs plans to deploy 150,000 Android POS devices by next fiscal

The company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines and diversify into newer industries

Taxing digital economy

Analysts are increasing their understanding of it

Digital economy poses challenges to both mkt participants, regulators: CCI

The challenge for the regulator is to put in place a legal and regulatory framework and also provide for appropriate safeguards, the Chairperson said

Consulting firm Accenture opens second innovation hub in India at Hyderabad

The latest addition to Accenture's global innovation network houses 2000 professionals with expertise across multiple industries

Taxing the digital economy

Several corporate giants have benefited by avoiding taxes

Cash in circulation rises, hindering Modi govt's digital economy push

Ratio of currency in circulation to GDP has risen to 11.23 per cent as of March 2019, putting question mark over demonetisation aim.

Centre to tweak competition law and tune it with new-age digital economy

NITI Aayog Vice-Chairman Rajiv Kumar highlighted the need for the CCI to develop oversight capabilities on data-related businesses, so as to prevent the amassing of power in a single conglomerate

Big digital push needed to reach $5-trillion economy: IAMAI report

India's regulatory approach should focus on regulating 'core' industry players, and not entities that fall on the 'edge' of the regulatory spectrum

Zomato, Swiggy face the ire of partners. Time to rethink value proposition?

Is it time for the aggregator brands to rethink their promise to their partners-be it restaurants, airlines and hotels and drivers?

Explained: How brands look at ways to run bad ads off the digital highway

Ad fraud is a scam worth $1.63 billion at present

Avoiding the middle-income trap

In order to transition to true prosperity, middle-income countries need to invest heavily in human capital and improve the quality of education

With G24 backing, India to battle it out with US, UK to tax digital firms

The OECD report on the subject will be finalised in 2020. India has the backing of 28 countries of G24

Digital medium making 'rapid' strides in traditional sectors

Traditional brands sidestep convention to adapt to changing customer behaviour, drive better returns on advertising, and promotion budgets