Adani group plans e-commerce, payments foray
The conglomerate’s plan to enter customer-facing businesses comes as part of efforts to take on companies like Reliance Industries (in e-commerce) and Google (in digital payments).
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The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
Who should solve the UPI Autopay menace?
The feature has attracted a whole host of startups taking people for a ride. The problem is now large enough for an efficient regulator to step in.
UPI data reveals uncomfortable trends
The latest digital spend numbers released by NPCI reveal stress in both consumption and household finances. Will the incongruence with the government’s narrative make this exercise a one-off?