Digital divide troubles UPI users in Karnataka

Despite the increasing popularity of digital transactions, rural Karnataka is crippled by poor digitization. Surbhi Shah A coconut seller in the city has an option for online payment but a restaurant in the countryside does not even have a machine to swipe credit cards. Nothing illustrates the rural-urban divide in digitisation better. “In cities, finding […]

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Paying Rs 14,999 for video message from Jannat Zubair? Not for long

Did you know it would cost you 15k for your favourite actor to give you a shoutout on video? And almost Rs 4,999 if the person were to DM you on social media? But experts and some celebrities are questioning the rationale behind the idea and the sustainability of the business model. By Savyata Mishra […]

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FMGC distributors bear the brunt of unequal discounts

Distressed over the growing popularity of online retailers’ sale offers, the Karnataka State FMGC (Fast-moving consumer goods) distributors’ Association resort to protest on February 28, near Freedom Park. By Neetu Saini As the clock ticks noon, GN Chaudhary, a cosmetic product distributor sits on the counter waiting for his first customer to make his “Bouni.”  […]

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Declining silk exports, trade deficit increases

While textile minister Smriti Irani said that the total raw silk production had increased in 2018 as compared to 2017, the trade deficit for silk goods has increased in 2019. Yashasvini Razdan India is the second largest producer of silk and silk goods, yet the silk industry in India is experiencing a trade deficit with […]

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