India is better than most of the world in the adoption of Fintech or automated financial services. “India’s adoption rate is 87 per cent as against the global average rate of 64 per cent, which establishes the fact that India is a prime destination for digital payments and activities,” said Union Finance Minister Nirmala Sitharaman. Digital payments have seen a tremendous growth from Rs 2 lakh crore worth of digital transactions in 2019 to Rs 4 lakh crore in 2020. January to August 2021 saw further momentum, clocking Rs 6 lakh crore worth of digital transactions.
Indian Americans
Indian American cancer physician chosen among 15 White House Fellows of 2023
WASINGTON, D.C. (TIP): Kamal Menghrajani, an Indian American cancer physician, is among 15 “remarkably gifted, passionate, and accomplished” individuals chosen to the 2023-2024 class of White House Fellows. Menghrajani is placed at the Office of […]
United States
Top priority is to streamline how Twitter operates: Parag Agrawal
The new Twitter CEO has already begun restructuring the company and two senior executives have already stepped down as part of the reorganization plan SAN FRANCISCO (TIP): New Twitter CEO Parag Agrawal has said that […]
Coronavirus
Moderna to make up to 125mn Covid-19 vaccine doses available globally
US-based drugmaker Moderna has said that it expects to have between 100 million and 125 million doses of its experimental Covid-19 vaccine available globally in the first quarter of 2021. Out of these, about 85-100 […]
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