Digital Commerce
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RTGS service to be unavailable for 14 hrs on April 18: RBI
Reserve Bank of India (RBI) has announced that its real-time gross settlement (RTGS) funds transfer system will be unavailable for 14 hours on Sunday, April 18.
Scroll Staff
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India’s online shopping festivals show that ‘Boycott China’ are just hollow words
On the first day of Amazon and Flipkart’s annual festive season sales, Redmi, Oppo and Vivo were the big stars.
Ananya Bhattacharya, qz.com
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Here’s more proof that you shouldn’t take all Indian online festive offers at face value
A data analyst compared list prices of products before and during the sales and found that the mega 50% to 80% discounts were ‘in name only’.
Abishek Bhat, qz.com
Trending
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Why BJP leaders’ comments on study about Muslim population in India are misleading
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Ordinary voters flagged Modi speech to Election Commission – and came up against a broken system
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‘We are living in perpetual fear’: Prajwal Revanna video leaks spark panic among women in Hassan
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Why are so many young Indians trading in cryptocurrency, especially in tier-two cities?
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Harsh Mander: Past, present and future – what Narendra Modi’s campaign of hate signifies
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Say goodbye to online discounts. The unstoppable growth of e-commerce sites may be coming to an end
Even Amazon can’t defy gravity forever.
Ralf Seifert, The Conversation & Richard Markoff, The Conversation
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PayPal predicts e-wallets will soon be extinct in India
Unpredictable changes brought in by the Reserve Bank of India have been the biggest challenges for the business.
Nupur Anand, qz.com
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Behind RBI’s digital payments panel, a controversial firm’s shadow, conflict of interest allegations
The central bank has created a five-member panel that includes Nandan Nilekani and Sanjay Jain, both of whom have ties to lobby group iSpirt.
Aria Thaker, qz.com
Video
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Watch: Students in Pakistan enact moments from Anant Ambani and Radhika Merchant’s pre-wedding event
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‘Hind’s Hall’: Rapper Macklemore releases poignant song in support of Palestine, US campus protests
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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‘It makes zero sense’: Why American investors aren’t sold on Walmart’s acquisition of Flipkart
The retail giant’s stock fell as much as 4% on the New York Stock Exchange the day the deal was announced.
Ananya Bhattacharya, qz.com
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After a decade, Walmart’s dreams of entering India in a big way are finally coming true
The retail giant from Arkansas first announced its plans to come to India in 2007.
Suneera Tandon, qz.com
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Why Walmart and Amazon are desperate to buy Flipkart
A controlling stake in Flipkart – one of India’s most successful startups – could ensure a win in the country’s retail space.
Itika Sharma Punit, qz.com
The Reel
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Watch: Politics, ambition and crime in Vasantha Balan’s ‘Thalaimai Seyalagam’
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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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Watch: Manoj Bajpayee’s hundredth movie ‘Bhaiyya Ji’ is a revenge drama
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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How actor Shahana Goswami flies under the radar and above the competition
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Apps trump websites for Indian smartphone users
Over 80% of buyers surveyed in India now prefer using apps over mobile browsers to shop on phones.
Ananya Bhattacharya, qz.com
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India’s e-wallets are struggling to weather the storm set off by mandatory Aadhaar-linked KYC norms
The detailed procedure makes the industry lose its most important pull factor: convenience.
Nupur Anand, qz.com
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Flipkart’s digital wallet banks on not needing internet to take on Paytm (but there are glitches)
PhonePe’s new point of sale device is supposed to process payments without needing an internet connection.
Aroon Deep
The Field
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IPL 2024: Virat Kohli stars as Bengaluru beat Punjab to stay in hunt for playoff spot
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India tour of Bangladesh: Radha Yadav stars in fifth T20I as visitors sweep series
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Athletics, Doha Diamond League 2024: In Olympic year, Neeraj Chopra keen to lay down the marker
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Hockey, FIH Pro League: Raheel, Dhami named in India’s 24-member men’s squad for Europe leg
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Table Tennis, Saudi Smash: Manika Batra beats world No 14 Nina Mittelham to enter quarter-finals