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Going digital can boost our labour productivity

Mint Hyderabad

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March 05, 2025

India is faring rather well on its adoption of digital technology in global comparison. This could spell productivity gains and also better-balanced development if we fix regional skews

One of the most famous quips about India that has long held good is British economist Joan Robinson's "Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world's GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology. From a country that had one of the world's lowest tele-densities not so long ago, we are more connected today than people in most other countries. According to the latest State of India's Digital Economy report of Delhi-based Indian Council for Research on International Economic Relations (Icrier), based on aggregate levels of digitalization, as measured by its new CHIPS framework, India is now the third largest digitalized economy. We trail China and the US, but are ahead of South Korea, the UK and Singapore. Unlike many countr

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Serentica may raise $8 bn for expansion

Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years, to help fund acquisitions and build projects as it looks to more than double its clean energy capacity in India, a top executive said.

time to read

1 min

November 28, 2025

Mint Hyderabad

Avaada to invest ₹1 trillion in 5 years

Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.

time to read

1 min

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

1 mins

November 28, 2025

Mint Hyderabad

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint Hyderabad

Lok Sabha committee reviews insolvency law changes

The revised bill is likely to be tabled in the second or third week of December.

time to read

1 mins

November 28, 2025

Mint Hyderabad

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

time to read

8 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint Hyderabad

Paytm gets nod for payment aggregator

Fintech firm One97 Communications said its subsidiary Paytm Payments Services Ltd (PPSL) has got the Reserve Bank of India (RBI) permit to operate as a payment aggregator.

time to read

1 min

November 28, 2025

Mint Hyderabad

Consumers warm up to Bolt as it aces 10-min hunger games

A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet.

time to read

2 mins

November 28, 2025

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