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Opinion: India must break out of its internet connectivity conundrum
India has among the world’s lowest data communications tariffs... But in India, the world’s lowest data tariffs are not resulting in the world’s most connected society. However low data tariffs are going in India, because of the vast numbers of people living at the “bottom of the pyramid” in extreme poverty, India doesn’t seem to be able to catch up with other Asian countries when it comes to progress in democratization of the internet.
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- Technology
- Region
- South Asia
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Simpa Networks launches PAYG Solar Television in India
Simpa Networks, a company providing affordable solar power to households and businesses in rural India, today announced the launch of Magic TV, which the company calls the "country’s first solar-powered Pay-as-you-Go (PAYG) satellite TV solution."
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- Technology
- Region
- South Asia
- Tags
- solar
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Digital payments is India’s new currency
Digital transactions have trebled and quadrupled in volume and value across various modes from wallets to cards and interbank transfers from a year earlier. Card transactions at point of sale (PoS) terminals at merchant locations have surged, reflecting a positive for the economy as more people start using their de bit cards for payments rather than for withdrawing cash at ATMs.
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- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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State Bank of Pakistan approves launch of the country’s first free mobile wallet service
Mobile payment app SimSim became Pakistan’s first free mobile wallet service after the State Bank of Pakistan (SBP) approved the official launch of the service – a move the company said would boost financial inclusion in the country.
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- Technology
- Region
- South Asia
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Meet Vikash Das, who left his high-paying job at IBM to help tribals become social entrepreneurs in India
Even as he was making big bucks at IBM, his heart yearned to do something for the tribal community in India. At a time when people at his age are focussed on career making and launching their startups, Vikash wanted to become a social entrepreneur and enable the tribal communities in eastern India as well.
- Region
- South Asia
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Ban on foreign funds for non-profit may hurt India health programs
Affected programs included those on eliminating black fever, HIV prevention, tobacco control and universal health coverage, PHFI wrote in the letter, which was reviewed by Reuters.
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- Health Care
- Region
- South Asia
- Tags
- public health
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Reserve Bank of India allows co-operative banks to issue mobile wallets
The Reserve Bank of India (RBI) has allowed co-operative banks, who are permitted to install ATMs and issue debit cards, to also issue prepaid payment instruments PPIs like mobile wallets.
- Categories
- Technology
- Region
- South Asia
- Tags
- mobile finance
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Unitus Seed Fund hires Milind Shah as healthcare venture partner
Early-stage impact-focused venture fund Unitus Seed Fund has roped in Milind Shah, the India managing director of global healthcare company Medtronic as its healthcare venture partner.
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- Health Care
- Region
- South Asia
