Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

It's time to double down on our digital expansion

Mint Mumbai

|

August 09, 2023

India's internet coverage has expanded and successes been noted but we still have plenty of catching up to do with the rest of the world for our ambitions of a digital economy to be met

It's time to double down on our digital expansion

It’s noteworthy, the pace at which India’s internet economy has been growing. Yet, it’s stark just how closely its lopsided evolution mirrors our uneven economic expansion on the whole. Increasing internet penetration, widely affordable connectivity and monthly Unified Payments Interface (UPI) payments headed above 10 billion (and worth over ₹15 trillion) are examples of the strides we have taken. The promise of basic digital enablers can also count on policy support in the form of data-security once privacy rules come to forge fairer—if not freer—online markets, a balance of scales best struck before forces of demand and supply get free play. We also have an e-com-aligned export policy. All this means we cannot afford to fall behind on broadening our internet base to reach everyone. Take internet users. Cheap data tariffs led a surge from 462 million in 2018 to 759 million users in 2022, a majority of our population, going by data from a report by Kantar and Internet and Mobile Association of India. This number is projected to rise to 900 mil

PLUS D'HISTOIRES DE Mint Mumbai

Mint Mumbai

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

1 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Candidates using AI? No, thanks, say IIT recruiters

As the annual placement season dawns at the Indian Institutes of Technology (IITs), colleges and recruiters are working to bar artificial intelligence (AI) tools and prevent cheating at test venues, a concern that first rose last year.

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

Market nears peak on dollar tailwind

Stocks jump 1.2%, but futures rollovers signal weak conviction

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

2 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

MO Alternates launches its maiden private credit fund

The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions

time to read

3 mins

November 27, 2025

Mint Mumbai

Mint Mumbai

HP to cut jobs after profit outlook miss

HP Inc.gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools

time to read

1 mins

November 27, 2025

Mint Mumbai

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research.

time to read

1 min

November 27, 2025

Translate

Share

-
+

Change font size