Latest digital economy News & Updates

Gandhinagar, July 9 (IANS) Gujarat government unveiled its ‘Data Center Policy 2026-29’ on Thursday, with Chief Minister Bhupendra Patel describing it as a step towards state’s emergence as the country’s preferred destination for data centre investments. Launching the policy at an event attended by Deputy Chief Minister Harsh Sanghavi, Science and Technology Minister Arjun Modhwadia, Chief Secretary M. K. Das, senior bureaucrats, industry representatives and investors, the Chief Minister said th…

Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday invited Australian businesses to partner in India’s growth story across sectors including manufacturing, clean energy, AI, digital economy, etc.This came as PM Modi and his Australian counterpart, Anthony Albanese, participated in the India-Australia CEO Forum in Melbourne. Albanese welcomed PM Modi, and both leaders posed for a photograph. Both leaders also addressed the leading business leaders from India and Australia.Taking to…

New Delhi, July 7 (IANS) Secretary, Technology Development Board (TDB) Rajesh Kumar Pathak on Tuesday said central government plans to boost research and development spending to about 2 per cent of GDP and invited private sector to tap Rs 1 lakh crore Research, Development & Innovation Fund (RDIF) that can underwrite up to half of project costs.“The objective of the RDIF is to encourage the private sector to scale-up R&D spending, currently at around 0.65 per cent of GDP. The role of t…

New Delhi, June 22 (IANS) Pakistan recorded more than 5 million cyberattacks during the first three quarters of 2025 as the country’s rapidly expanding digital economy and growing reliance on online banking, mobile payments and e-commerce outpaced cybersecurity awareness and digital safety practices, according to a report.A report by Maldives Insight highlighted that with smartphones increasingly serving as banking platforms, payment tools and repositories of personal information, Pakistan has w…

Bengaluru, June 19 (IANS) Karnataka Minister for Home, Information Technology, Biotechnology and E-Governance, Priyank Kharge, on Friday identified urban mobility, cyber safety and sustainable urban development as the top priorities for Bengaluru’s next phase of growth, emphasising the need for long-term solutions to strengthen the city’s position as a global hub for technology, innovation and investment. Speaking at the Integrated Workspaces Forum 2026, organised by the “Corporate Council for R…

Lucknow, May 27 (IANS) Project Ganga, an ambitious and visionary scheme of the Yogi Adityanath government is set to go ‘live’ soon, setting the stage for digital outreach and self-reliance in lakhs of rural households in Uttar Pradesh.According to officials associated with Project Ganga, almost all modalities for the launch of the project have been completed and final stage preparations are underway for its roll-out.Project Ganga’s primary goal is to connect more than 20 lakh households across…

New Delhi, May 10 (IANS) As Pakistan prepares for the national budget for fiscal year 2026-27, business chambers and industry stakeholders are once again pushing for structural tax reforms, arguing that the country can no longer rely on short-term taxation measures and annual fiscal adjustments to revive economic growth and investor confidence, a report has said.Among the key voices is the Overseas Investors Chamber of Commerce and Industry (OICCI), which has submitted a fresh set of taxation pr…

New Delhi, April 6 (IANS) Unified Payments Interface (UPI) processed 228.5 billion transactions in 2025, marking a 33 per cent year‑on‑year increase, while total transaction value touched Rs. 299.74 trillion, a report said on Monday.The report from Worldline said that UPI’s growth was broad‑based, with both person-to-person (P2P) and person-to-merchant (P2M) transactions rising, with the latter recording a 34 per cent growth to 143.82 billion transactions.The overall average ticket size …

New Delhi, March 30 (IANS) The government on Monday approved 29 new applications under its electronics component manufacturing scheme, aiming to boost domestic production and investment in the sector.According to S Krishnan, Secretary at the Ministry of Electronics and IT (MeitY), these fresh proposals involve a cumulative investment of Rs 7,104 crore.He added that the new investments are expected to generate around 14,246 jobs, providing a significant push to employment in the electronics manuf…

Hainan, March 24 (IANS) Digital transformation has emerged as a new engine for sustainable development in Asia, according to a report by the Boao Forum for Asia (BFA) released on Tuesday. Asia has taken the initiative to explore future-oriented development models through digital technologies, striving to translate its diverse economic structures into overall competitiveness and regional resilience, says the report titled “Sustainable Development: Asia and the World Annual Report 2026 — Sustaina…