Digital Revolution

Govt planning to set up index to track states on their digital initiatives

The index will establish better coordination among states for learning from each other's work in the domain

Public good enablers to drive India's digital revolution: BankBazaar CEO

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

India Inc's freshers' hiring intent surges 61% in HY22, says report

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

Govt to adopt digital manufacturing processes: Mahendra Nath Pandey

On the occasion, 175 electric vehicles for Gujarat and Karnataka were flagged off under the FAME Scheme

MoS Devusinh Chauhan highlights India's success in digital infrastructure

Union Minister of State for Communications, Devusinh Chauhan held a bilateral talk with Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation

Regulating Digital India

Discriminatory algorithms will be the most complex of challenges for regulators

India's digital revolution offers investment opportunities to US, says FM

India's digital revolution offered investment opportunities for the United States, the South Asian country's finance minister said on Wednesday

Creative education, health to play big role for future economies: Basu

Speaking at eighth Pravin Visaria Memorial Public Lecture, Basu stated that for countries like India to emerge as a winner going forward, focusing on creative education and health sectors will be key

Plan India partners Ericsson to digitally connect teachers, rural students

A single digital learning centre costs roughly Rs 10 million per annum to run, and this includes the one-time set-up costs

Does closing physical borders make sense in a world of mobiles, internet?

Borders just seem like a twentieth-century contrivance that slows everything down, like those paper forms you still have to fill out at the doctor's office

More trade in assets will be 'taken over by machines', warns Quant chief

Industry now 'teaching the machine how to make that decision'

The digital revolution - II: Crowds & machines

While the digital revolution has provided many benefits, there are many threats as well, such as from the possible advent of killer robots

The digital revolution - I: Rise of platforms

There must be a way to reverse the default position of giving personal information for services provided by both govts and companies