Frauds have occurred mostly in the category of digital payments and card/internet transactions and accounted for 80.6% of frauds in fiscal 2024, according to Reserve Bank of India’s annual report. Total number of these frauds was up more than four times year-on-year and stood at 29,082 during the period. However, the amount involved in them …
On Feb. 16, as Paytm Payments Bank users were going through the Reserve Bank of India’s FAQs, answers on Paytm Payments Bank Wallet and the money in it stood out. Users can continue to use, withdraw, or transfer to another wallet or bank account up to the balance available in the wallet, even after March …
As we approach February, all eyes are on the interim budget for FY25. There are expectations regarding the announcement of measures aimed at boosting artificial intelligence in the country. Let’s explore certain key expectations, which could shape the future of AI in India. India should allocate funds and invest in developing AI models that are …
India ranks second in Asia in 2023 for the most internet exchange points per country, according to a recent report. This is a significant milestone in India’s commitment to adopting advanced technologies and addressing the challenges of a connected world, the Internet Society Pulse Country Report said. India’s growth in IXP deployment in Asia helps …