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The Reserve Bank of India has published guidelines that it intends to enforce for digital lending firms, recommending more transparency and control to customers as the South Asian nation’s central bank moves to take further steps to crack down on sketchy practices and creditors. The guidelines, released Wednesday (PDF), spell out who all can lend […]
5 takeaways from Coinbase’s disappointing Q2 results 
Indian oil-to-metals giant Vedanta and global manufacturing giant Foxconn have signed a memorandum of understanding with the Indian state of Gujarat to set up a $20 billion semiconductor unit in the coastal state that is home of Prime Minister Narendra Modi, officials said Tuesday. Foxconn will bring technical expertise to the venture whereas Vedanta, which […]
After expanding its footprint in manufacturing smartphones and other tech devices, India is looking to become the electronics repair capital of the world, taking the crown from China and Malaysia, which currently dominate the industry. On Wednesday, the country’s Ministry of Information and Technology launched a pilot project called Electronics Repair Services Outsourcing (ERSO) to […]
Apple now supports more than 1 million developer jobs in India, and App Store payouts to them in India have more than tripled since 2018, the company said as it gears up major expansion in the South Asian market. The iPhone-maker this week will open its first two retail stores in India. Apple chief executive […]