Digital economy

RBI extends UPI for international travellers in India

To enable convenient means of digital payments for international travellers, the Reserve Bank of India (RBI), announced yesterday that all foreigners visiting India can now make payments by availing United Payments Interface (UPI) while in India. The provision will be made available from the 21st of February 2023, as per RBI’s statement. Foreign travellers can …

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Mapping Talent Strategies for the Digital Economy

Global capability centers are transforming businesses across the globe while reshaping the talent landscape. High demand for and availability of talent skilled in advanced and emerging technologies is enabling capability centers to move up the work value chain, and positioning India as an engineering and innovation hub.  Amidst a fast-paced digital revolution, capability centers are …

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Six years of demonetization have been a success or a blunder. Let’s find out

Six years after demonetization, the topic of whether it was successful or not is still being debated. Undoubtedly one of the most substantial economic policy choices made in Indian history, the Indian government announced the demonetization of the Rs 500 and Rs 1,000 notes on November 8, 2016, as a measure against the amassing and …

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What is the ‘twin transition’ – and why is it key to sustainable growth?

Digitization has a key role to play in supporting sustainable growth during this decisive decade for action on climate change. By adopting a ‘twin transition’ approach, leaders can bring the digital and sustainability agendas together to future-proof their organizations. Royal Schiphol Group and PA Consulting have co-produce the Twin Transition Playbook, outlining three phases to accelerate …

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Leveraging the Digital Opportunity: Equipping HR Leaders to be Change Makers

The outbreak of COVID-19 has by far been the most difficult challenge that employees and employers have witnessed, resulting in the transformation of work practices and culture like never before. The new normal of work has made conventional 9-5 office shifts dispensable, ushering in an era of flexibility, convenience, and hybrid working. Hence, this makes …

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Leveraging Technological Innovation for Excellence in Customer Experience

7th September, Mumbai: Technology has a sole purpose in today’s world to deliver value across the banks and financial institution sector’s need for core technology that is scalable, resilient, and adaptable. Distinguished industry experts came together at the recent BFSI Tech Leader's Summit to discuss the impact of technology and how it relates to customer …

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The case for digitisation: Why going digital is the smartest way to engage with gold?

Jewelry
The yellow metal, Gold has always been the most preferred investment option for Indians. Over the years, people have traditionally invested in physical gold, through gold bars and gold coins. With such investments, they encounter myriad challenges such as the safekeeping of gold. Apart from that, there are some limitations such as difficulty in physical …

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4 ways to ensure Central Bank Digital Currencies promote financial inclusion

Central Bank Digital Currencies (CBDCs) can help democratize finance. Future digital currencies must be designed with inclusion in mind. Central banks must consider four key areas when designing CBDCs. Most people take digital payments for granted. Long ago credit cards and e-commerce gave us the ability to complete transactions online around the world. But the …

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