India is better than most of the world in the adoption of Fintech or automated financial services. “India’s adoption rate is 87 per cent as against the global average rate of 64 per cent, which establishes the fact that India is a prime destination for digital payments and activities,” said Union Finance Minister Nirmala Sitharaman. Digital payments have seen a tremendous growth from Rs 2 lakh crore worth of digital transactions in 2019 to Rs 4 lakh crore in 2020. January to August 2021 saw further momentum, clocking Rs 6 lakh crore worth of digital transactions.
Americas
Brazil faces its own ‘Nirbhaya’ crisis: 16-year-old raped by 33 men in Rio
SAO PAULO (TIP): With less than two months to go before the world’s top athletes and hundreds of thousands of sport lovers head to Rio de Janeiro for Olympics 2016, the city’s reputation has taken […]
India
2002 Gujarat riots: SIT failed to probe properly, Zakia counsel tells SC
Zakia Jafri, wife of Congress MP Ahsan Jafri who was killed during 2002 post-Godhra riots in Gujarat, on Wednesday, November 10, contended that the Supreme Court-appointed special investigation team (SIT), whose closure report gave a […]
Perspective
The defeat of hubris, a confrontation on hold
Addition of local agrarian demands into the call for the repeal of the farm laws may have forced the Government’s hand “The Union government’s response to the protests were appalling and marked by hubris. Its […]
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