-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
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TRP fraud case: Police file 1,400-page chargesheet
-The Indian Express The owners of Republic media and News Nation have been named as wanted accused in the chargesheet. The police said they were likely to charge them in a supplementary chargesheet later. The Mumbai Police Crime Branch on Monday filed a 1,400-page chargesheet in the alleged fake Television Rating Points (TRP) case, naming six channels, including those of Republic Media Network and News Nation, as allegedly paying money to boost...
More »Maharashtra to give rations, aid to Mumbai sex workers during pandemic -Tabassum Barnagarwala
-The Indian Express Each sex worker will receive Rs 5,000 per month along with three kg of wheat and two kg of rice. Mumbai: To cope with the effects of the lockdown, the Maharashtra government has decided to give financial aid and 5-kg ration to 5,600 sex workers of Mumbai every month till the Covid-19 pandemic is over. But even as Maharashtra became the first state in October to issue a government resolution...
More »Prabhat Patnaik, eminent economist and professor emeritus at Jawaharlal Nehru University, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph ‘Farmers at mercy of corporates, food security threatened’ Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills. * The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step “despotic”, Narendra Modi gushed that there would be no black money after the demonetisation. In the...
More »Do We Really Know Why COVID-19 Spikes In Some Places? -Rukmini S
-IndiaSpend.com Chennai: About 10 months, nine million cases and over 130,000 deaths later, India does not yet know enough about why the SARS-CoV-2 virus that causes COVID-19 affected whom it did, and how it did that. There is wide variation in the spread of COVID-19 between states. Areas with higher population density are expected to have more cases, but varying testing rates could be affecting case detection. While the elderly and those...
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