-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller machines (ATMs) particularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...

-The Hindu 'Privacy argument will hit governance' Highlighting the need for a comprehensive law on data protection, the Unique Identification Authority of India (UIDAI) informed a nine-judge Bench of the Supreme Court on Tuesday that the Centre has constituted a committee of experts, led by former Supreme Court judge, Justice B.N. Srikrishna, to identify “key data protection issues” and suggest a draft data protection Bill. Appearing before the Bench led by Chief Justice...

-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...

-The Hindu Business Line Indian Digital Economy set to reach $ one trillion in another 5-7 years: Ravi Shankar Prasad Kolkata: Around 1.5 lakh gram panchayats will be connected via optical fibre under the national optical fibre network programme of the Centre by mid-2018, the Union Minister for Electronics & IT and Law & Justice, Ravi Shankar Prasad, said today. Of the targeted 2.5 lakh gram panchayats are to be connected under this...

-PTI NEW DELHI: Transactions through debit and credit cards rose by merely seven per cent post demonetisation, as against a surge of over 23 per cent in overall digital transactions, top government officials told a parliamentary panel. Officials from various ministries gave a presentation to the Parliamentary Standing Committee on Finance on 'Demonetisation and Transformation towards Digital Economy'. The digital transactions in all modes increased by 23 per cent to 27.5 million in...