India Expands X-Border Payment Connections With Several Countries
The central bank of India stated that this South Asian country is making mobile payment links with several countries.
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India’s Central Bank Chief Warns Risk of Global Inflation Returning
The head of the central bank of India stated the continued existence of risks of a return to global inflation, the potential materialization of which could become an obstacle to economic growth.
GenWise Teams Up With Axis Bank to Bring UPI Payments to Senior Citizens in India
GenWise aims to empower India’s elderly population with the speed and convenience of UPI digital payments in its app-based online club for senior citizens.
Global Economy to Maintain Stable Growth of 3.2% in 2025
The global economy is expected to perform in a “stable yet underwhelming” manner in 2024 and 2025, showing a steady growth rate of 3.2%, according to the IMF forecast.
Nvidia Expands Its Activity in India
Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.
Mastercard Expands Tech Hub Ecosystem With New Campus in India
Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.
AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
UPI Transactions Surge 52%
Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.
Google Maps to Show AI-Powered Review Summaries in India
Google is adding new artificial intelligence-powered features to a version of its Maps service designed for users living in India.
India to Fabricate Its First Chip in Two Years
India will fabricate its first chip in two years.
Healthcare Fintech Care.fi Raises $955K in Debt Capital
Fresh funding complements earlier Care.fi investments of $2.6 million and fuels fintech’s vision of becoming India’s healthcare-focused Small Finance Bank.
Tokyo Electron Plans to Operate in India
Tokyo Electron Ltd. aims to form a team of engineers specializing in chips in India.
Who Are India’s AI Influencers and What Do They Mean for Creator Marketing?
Artificial intelligence (AI) has transformed the way we do business and sell merchandise. The technology does not only optimise the paperwork for e-commerce but also can autonomously promote brand products. Virtual influencers went viral in China first and are quickly gaining popularity in other markets, with India being one of the prominent examples.
India Accuses Amazon and Flipkart in Violation of Competition Laws
The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.
LoanTap and Hyperface Partner to Facilitate Digital Lending in India
Fintech company LoanTap and a banking-as-a-service startup Hyperface have reached a strategic partnership to boost online lending services in India.
Visa to Promote Digital Payments in India
Visa is currently partnering with companies such as Paytm and PayU to promote digital payment practices in India.
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