NEWS INDIA

Highlights of the report: ●         Value of digital payments in India to increase three-fold from US$3 trillion today to US$10 trillion by 2026 ●         Digital payments will constitute nearly 65% of all payments by 2026, up from 40% today ●         UPI adoption will surge from 35% in FY 21 to 75% in the next five years ●         7x growth in digital merchant payments - from US$ 0.3-0.4 trillion today to US$ 2.5-2.7 trillion by 2026   India , 2022: PhonePe, India’s leading digital payments company, in collaboration with   Boston Consulting Group (BCG), today unveiled a report titled, “ Digital payments in India: A $10 trillion opportunity ” . The report leverages BCG’s industry expertise in payments and the fintech domain, along with PhonePe’s deep insights and expertise as the market leader in Indian digital payments a...

  Seeks to raise awareness on air pollution through street play in 126 locations   India , 2022 : To commemorate World Environment Day, HDFC Bank Parivartan today launched a high-decibel campaign called #EnginesOff to raise awareness on the importance of reducing air pollution. Through a short street play, motorists idling their vehicles at busy traffic intersections will be encouraged to switch off their engines while they wait for the signal to turn green.   The bank is rolling out this short play at over 126 busy signals in 40 cities across the country. The three-day campaign starts on June 5 th and includes large metros such as Mumbai, Gurugram, Bangalore, Kolkata, and Pune, as well as smaller cities like Ludhiana, Varanasi, Nasik, Rajkot and Guwahati among others. According to the World Health Organisation, research shows that over 7 million people die from air pollution each year. A small measure like switching off the engine can reduce an individual’s emissio...

  Get Exciting Samsung Products & Up To INR 1 Crore in Grants to Turn Your Ideas Into Action!   ·          16-22 year-olds can apply with innovative ideas around Education, Environment, Healthcare and Agriculture ·          Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi will be knowledge partner, participants will get online & offline training from IIT Delhi     India – June, 2022 – Samsung, India’s most admired brand, today launched the inaugural edition of Solve for Tomorrow , a new youth-centric national education and innovation competition, inviting India’s brightest young minds to come up with innovative ideas that can transform the lives of people and communities around them.   With Solve for Tomorrow, a citizenship initiative that engages Gen Z around the world, Samsung aims to provide support to youth in India aged 16-22 years fr...

  National, June, 2022: As part of Amazon India’s endeavor to digitally enable small & medium businesses (SMBs) Amazon Pay announced that it has empowered over 85 lakh+ offline small business owners and entrepreneurs with its digital payments infrastructure.  Earlier, these merchants largely transacted in cash for business operations, now they accept payments from their customers using Amazon Pay’s QR Code. Furthermore, initiatives such as Amazon Pay for Business App, voice notification feature, easy availability of working capital loans, have enabled such micro-businesses, and merchants to experience a convenient digital journey. Mahendra Nerurkar, CEO & VP, Amazon Pay India said “SMBs form the backbone of India’s economic growth. Our aim is to empower offline merchants, provide them with opportunities to expand their businesses, and enhance their payment experience amongst multiple other touch-points that expedites their digital journey. This milestone is a testimony...

  Enjoy up to 50% off on grocery and household essentials, packaged foods, personal care, baby, and pet care till June 7, 2022 ·          Fresh Grocery Deals starting ₹ 1 (offer valid till stock lasts) ·          Free Delivery for Prime Members ·          Save an additional 10% by using SBI Bank Credit Card and Credit EMI with a minimum transaction of INR 2,500, and discounts up to INR 300 from 1 st -3 rd June 2022 ·          Save an additional 10% by using ICICI Bank Credit Card and Credit EMI with a minimum transaction of INR 2,500, and discounts up to INR 500 from 4 th -7th June 2022   National,   June, 2022: Enjoy the season fruits and vegetables along with daily grocery essentials during Amazon.in ‘ Super Value Days ’ till 7 th June, 2022. Customers can avail up to 50% off on fresh produce, da...

      22.22 Bn USD committed globally in the next 5 years, including the development of localised products for India, and setting up the infrastructure ·          Kia Corporation to redefine electric mobility by launching 14 BEVs by 2027 across global markets ·          A RV-EV dedicated to India is being developed; to be launched by 2025 and other EVs are being evaluated ·          Kia Corporation aims for a global 2030 roadmap of becoming a sustainable mobility leader and achieving carbon neutrality by 2045 ·          The company kickstarts its EV journey in India with the launch of EV6 at a price of INR 59.95 Lakhs ·          EV6 received 355 bookings which is 3.5 times the planned number for 2022.   National , 2 June 2022: Kia India, one of the f...