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Going digital can boost our labour productivity

Mint Hyderabad

|

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

Mint Hyderabad'den DAHA FAZLA HİKAYE

Mint Hyderabad

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.

time to read

1 min

November 27, 2025

Mint Hyderabad

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

1 min

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Is Bengaluru’s appetite for fast food restaurants waning?

Quick-service restaurants have flagged weakening demand in the key market

time to read

2 mins

November 27, 2025

Mint Hyderabad

IL&FS group repays ₹48,463 cr loan

Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.

time to read

1 min

November 27, 2025

Mint Hyderabad

Tejas will work with Airtel, BSNL to fix signal in Rajasthan

Tejas Networks Ltd will cooperate with Bharti Airtel Ltd and Bharat Sanchar Nigam Ltd (BSNL) to resolve the network interference issues reported in Rajasthan quickly, the Tata group company said on Wednesday.

time to read

1 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

'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 Hyderabad

Mint Hyderabad

Aramco taps Citi for oil storage stake sale

Saudi Aramco has chosen Citigroup to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, people familiar with the matter said.

time to read

1 min

November 27, 2025

Mint Hyderabad

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 Hyderabad

Mint Hyderabad

Fintechs turn fund magnets with cross-border licensing

Funders see growth prospects in central bank's payment aggregator-cross border licensing

time to read

3 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Reliance JV, L&T to plough $13.5 bn into data centres

India’s data-infrastructure buildout hit a $13.

time to read

1 min

November 27, 2025

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