DIGITALIZATION IN INDIA
Air India plane crash: Digital video recorder recovered from wreckage of plane that crashed in Ahmedabad
Gujarat ATS recovered a Digital Video Recorder (DVR) from the wreckage of the Air India Boeing 787 Dreamliner that crashed near Ahmedabad airport, killing 265 people. The FSL team will examine the DVR for clues about the crash, which occurred shortly after takeoff and impacted a residential complex.
IPL 2025 final draws 169 million TV viewers
The Royal Challengers Bengaluru versus Punjab Kings IPL final broke viewership records. 169 million Indians watched on TV. This surpassed the India versus Pakistan 2021 T20 World Cup match. RCB won their first title in 18 years. The match recorded high TV ratings. The tournament faced a brief suspension due to the India-Pakistan conflict.
India's digital businesses are innovating faster with Data + AI, says Databricks founder
The Silicon Valley's data and AI company Databricks recently committed a $250 million investment in India over the next three years towards local R&D, talent development, and enterprise adoption of AI.
Modi govt democratised use of technology in 11-year rule: Amit Shah
Union Home Minister Amit Shah stated that the Modi government has democratized technology, empowering the business sector and transforming India into a leading digital economy over the past 11 years. He highlighted Prime Minister Modi's role in revolutionizing healthcare, education, trade, and commerce through digital advancements.
Paytm shares fall 10%: What is MDR and why fintech players want government to introduce it?
Paytm shares declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor concern about Paytm's profitability. Banks and fintech firms want MDR to cover UPI infrastructure costs. The Payments Council of India proposed a 0.3% MDR for large merchants. The Finance Ministry affirmed its commitment to promoting UPI without MDR.
India has witnessed unprecedented digital revolution in past 11 years: JP Nadda
Union Minister and Bhartiya Janata Party (BJP) President JP Nadda on Thursday highlighted India's "unprecedented" digital revolution in the last 11 years, adding that the transformation has bridged the digital divide and ensured that technology reaches every citizen.
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India's digital infrastructure development 'game-changer': Databricks CEO Ghodsi
Databricks CEO Ali Ghodsi lauds India's advanced digital infrastructure, surpassing many nations and fostering innovation in data and AI. Databricks is increasing investments in India, recognizing its significant market potential and strategic importance. The company is also investing heavily in Asian markets like South Korea and Japan, citing fewer regulations and a faster pace of development in data and AI.
Airtel Digital TV removing Zee channels from base packs over price hike
Airtel Digital TV is removing Zee Entertainment channels from its packages due to a recent price hike, mirroring a similar dispute between Sony and Tata Play. Airtel will adjust pack prices and offer Zee channels on an a la carte basis. This move comes as DTH operators resist price increases amid declining pay-TV subscribers and rising competition from OTT platforms.
No merchant discount rate on UPI transactions
The finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant discount rate (MDR) levied on UPI transactions. The government refuted speculations about MDR charges, emphasizing that such claims are baseless and misleading.
Five chapters finalised in India-EU FTA
India and the EU concluded five chapters, including intellectual property and trade facilitation, during the 11th round of FTA talks in New Delhi. Discussions also addressed easing certification processes under India's Quality Control Orders.
NCLAT declines to stay CCI order against UFO Moviez, Qube Cinema
The NCLAT has upheld a CCI order penalizing UFO Moviez India and Qube Cinema Technologies for anti-competitive practices related to digital cinema equipment supply. The tribunal dismissed their plea for a stay, citing the CCI's findings and directing them to deposit 25% of the penalty.
UPI payments above Rs 3,000 may attract charges: Report
Merchant Discount Rate (MDR) is the fee charged by banks to merchants for providing digital payment services. Currently, RuPay debit cards and UPI payments are exempted from this fee.
India's nonprofits lag in digital race, miss out on crores in tech grants: Report
A D4NP report reveals over 80% of Indian nonprofits lack digital readiness, averaging a maturity score of 5/10. Few use tools like Google Ad Grants, missing major benefits. Digitally mature nonprofits see better growth and efficiency. The report urges urgent policy support and leadership action.
India's AI market to triple to $17 billion by 2027: Report
Boston Consulting Group (BCG), in a report titled "India's AI Leap: BCG Perspective on Emerging Challengers", said India has a thriving AI ecosystem with over 600,000 AI professionals, 700 million internet users, and a surge of AI startups with over 2000 launched in the past three years.
India signals: This is not the time to hold back
India demonstrates resilience amidst global economic challenges, marked by strategic RBI rate cuts and impressive GDP growth alongside low inflation. Structural reforms like Aadhaar, UPI, and GST, coupled with government capex and RBI liquidity measures, underpin this resurgence. Focus on empowering SMEs and liberalizing gold-backed loans aims to fuel job creation and financial inclusion.
AI Resurrections and Their Place in India’s Tech Landscape- Could India Lead the AI Afterlife Market? Digital Resurrection Meets Desi Sentiment.
Artificial intelligence is now offering digital afterlife services in India. This "Grief Tech" uses AI to simulate deceased individuals. Startups are developing tools for voice cloning and memory bots. India's cultural values and digital presence make it a prime market. Ethical concerns exist around privacy and cultural acceptance. The legal framework needs development for data rights.
FatakPay launches ‘FatakSecure’ to simplify digital insurance for Bharat
FatakPay introduces FatakSecure, an insurance vertical aimed at India's underserved population, pending IRDAI approval. Targeting Tier 2 cities and beyond, it addresses low insurance penetration with simplified, transparent, and personalised digital experiences.
Modi says India's infra boom driving ease of living, prosperity and digital growth
Prime Minister Narendra Modi highlighted the infrastructure revolution in India over the past 11 years, emphasizing its positive impact on citizens' lives and economic growth. He noted the expansion of railways, highways, ports, and airports, contributing to enhanced connectivity and prosperity. The government's focus on next-generation infrastructure is driven by sustainability and a long-term vision for a self-reliant India.
India targets Rs 3 lakh crore defence exports by 2029: MoS Defence Seth
Minister Sanjay Seth announced the central government's ambitious goal of achieving Rs 3 lakh crore in defence exports by 2029. He highlighted India's transformation into a leading exporter, supplying defence materials to 92 nations, and credited PM Modi's leadership for uplifting 27 crore people from poverty and driving digital transactions.
India-US trade pact: Officials discuss market access, digital trade, customs facilitation
India and the US engaged in discussions regarding a proposed bilateral trade agreement. Talks covered market access, digital trade, and customs facilitation. Both sides aim for a swift conclusion to the initial agreement. The US delegation visited India for in-depth negotiations. They are working towards a mutually beneficial agreement by fall 2025. The US is India's largest trading partner.
Digital payment revolution unfolding in India attracts global attention: Govt
India's digital payment revolution, particularly the Unified Payment Interface (UPI), has garnered global recognition, processing ₹24.77 lakh crore in transactions in March 2025. With widespread adoption by individuals and merchants, digital payments are prevalent even for micropayments. Direct Benefit Transfer (DBT) initiatives have enhanced transparency, eliminated ghost beneficiaries, and saved the government over ₹3.48 lakh crore.
Digital But Disciplined: Tech is everywhere but Gen Z knows when to unplug
The ET Snapchat Gen Z Index reveals that India's Gen Z is embracing AI and AR technologies while also actively monitoring their screen time. They are selective about social media, preferring meaningful interactions over constant self-documentation. This generation prioritizes digital balance, integrating technology mindfully and setting boundaries to maintain control over their digital lives.
Cyril Amarchand Mangaldas appoints former Disney executive Mihir Rale as Partner, Co-Head of Digital/ TMT
Mihir Rale, former Disney and Star India General Counsel, has joined Cyril Amarchand Mangaldas as a Partner and Co-Head of the Digital | TMT practice. Based in Mumbai, he brings over two decades of expertise in technology, data, and media.
Ericsson to manage Bharti Airtel’s pan-India network under new multi-year contract
Bharti Airtel has signed a multi-year Network Operations Center (NOC) Managed Services agreement with Ericsson. Ericsson will manage Airtel’s network operations across India, covering 4G, 5G NSA and SA, Fixed Wireless Access (FWA), Private Networks, and Network Slicing. This collaboration aims to enhance Airtel's network and deliver an exceptional experience for customers in a digitally connected India.
3 equity mutual fund categories lose up to 7% in 2025. Expert shares what went wrong
Equity mutual funds face losses this year. Technology, pharma, and small-cap funds are the top losers. Tata Digital India Fund saw the biggest drop. Experts cite global tech slowdown and valuation concerns. Small-cap funds suffer from muted earnings. Investors should consider staggered investments. Pharma shows improved entry points. A SIP-based approach is advisable for small caps.
5 apply for DCRA empanelment as TRAI preps for digital connectivity rating system for buildings, properties
TRAI is set to launch a digital connectivity rating system for properties, similar to green building ratings. Five entities have applied to become rating agencies, with the first empanelments expected soon. The 'star rating' system will evaluate buildings on factors like fiber readiness and mobile network availability, aiming to improve connectivity and inform buyers and tenants.
India's digital forensics market to triple global growth, hit $1.39 billion by FY30: Report
Mobile forensics now dominates the sector, accounting for about 51% of the market, driven by the boom in smartphone usage, digital payments and mobile-centric cybercrime. With 81% of demand coming from the public sector, particularly law enforcement, the report highlights the growing reliance on forensic tech to combat sophisticated digital threats.
How Indian export businesses are using AI to stay ahead on global tax rules
Indian organisations are increasingly adopting AI and ML for tax compliance, aligning with the Digital India initiative. This shift aims to streamline operations and navigate complex international trade regulations, including US sales tax and EU VAT.
India’s listed digital firms’ market in early days as ‘reverse flipping’ gains steam: Bay Capital
The white paper noted that publicly listed digital-first companies in India are now valued at over $90 billion. As more businesses turn profitable and scale up, the overall value of India’s digital sector is expected to rise steadily, it added.
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