Tag: India

  • Step-by-Step Guide to Setting Up a Binance Account in India: KYC, Deposits, and Crypto Buying Tips for 2026

    Step-by-Step Guide to Setting Up a Binance Account in India: KYC, Deposits, and Crypto Buying Tips for 2026

    Binance remains accessible to eligible Indian users in 2026 after registering as a reporting entity with the Financial Intelligence Unit–India. Opening an account is straightforward, but users must understand identity verification, funding methods, and Indian tax requirements before buying cryptocurrency.

    FIU registration places Binance under applicable anti-money-laundering reporting obligations. It should not be confused with an RBI banking licence or a guarantee that every Binance product is available in India.

    Step 1: Create a Binance Account

    It is better for users to visit the official Binance website or app instead of downloading the program via links received on social media. Usually, to register, users have to provide their email address or mobile number to be verified. Enabling two-factor authentication before adding funds and setting limitations on withdrawals will make it less likely for the account to be hacked.

    Step 2: Complete KYC

    Identity verification is required before accessing core exchange services. Binance’s India verification process includes PAN information alongside an accepted identity document, residence information, and facial or liveness verification. Existing customers can also be asked to complete re-verification when requirements change. Users should enter information exactly as it appears on official documents, as inconsistent details can delay verification.

    Step 3: Choose a Funding Method

    Funding options depend on what Binance displays for the verified account. Binance supports direct crypto deposits, card purchases, available fiat payment methods, and peer-to-peer trading in various markets. Indian users may also encounter Binance P2P, where buyers pay a verified counterparty using the payment method listed in the advertisement while Binance holds the cryptocurrency in escrow. P2P is different from depositing INR directly into a Binance bank account. Users should check the funding options currently shown inside their own account before transferring money.

    Step 4: Buy Cryptocurrency

    Once funded, users can choose the desired cryptocurrency and enter an order. A market order executes against available liquidity, while a limit order lets the trader specify the maximum buying price or minimum selling price. Binance currently lists its regular spot fee at 0.10% for both makers and takers. Paying eligible fees with BNB can reduce the listed rate by 25% to 0.075%.

    Step 5: Withdraw Carefully

    For crypto withdrawals, users must choose both the destination address and the blockchain network. Binance warns that sending funds through an incompatible network can lead to permanent loss. A small test transfer can be useful before moving a large amount.

    Why This Matters

    Opening an exchange account is only the first step. Indian users also need to account for KYC, applicable taxes, trading fees, and custody risk. Before buying, confirm the final transaction cost and network. For long-term holdings, investors should also decide whether exchange custody or a self-custody wallet better matches their security requirements.

    Final Thoughts

    Creating a Binance account in India is relatively straightforward, but users should understand KYC, funding methods, taxes, and trading fees before depositing funds. Security also matters, especially when withdrawing crypto, where users must carefully verify the wallet address and blockchain network.

    FAQs

    1. Is Binance available in India in 2026? Yes. Binance is accessible to eligible Indian users and is registered as a reporting entity with the Financial Intelligence Unit–India.

    2. What documents are needed for Binance KYC in India? Binance’s verification process can include PAN details, an accepted identity document, residential information, and facial or liveness verification.

    3. How can Indian users fund a Binance account? Funding options may include crypto deposits, cards, available fiat routes, and Binance P2P. Users should check the methods currently available in their verified account.

    4. What are Binance’s spot trading fees? Binance lists a regular spot trading fee of 0.10% for makers and takers. Eligible users paying fees with BNB can reduce the rate to 0.075%.

    5. What should users check before withdrawing crypto from Binance? Users should verify the wallet address, cryptocurrency, and blockchain network before confirming a withdrawal. Sending funds through an incompatible network can result in permanent loss.

  • Flipkart Directed to Refund Customer Who Received Fake iPhone in Place of iPhone 14 Pro

    Flipkart Directed to Refund Customer Who Received Fake iPhone in Place of iPhone 14 Pro

    In a significant consumer protection ruling, the Bulandshahr District Consumer Commission has ordered Flipkart to refund a customer who received a counterfeit Chinese smartphone instead of the iPhone 14 Pro he had ordered. The consumer panel directed the e-commerce giant to pay back the full purchase amount along with interest and compensation for mental harassment.

    The commission issued the order on September 9, 2026, requiring Flipkart to refund Rs. 1,43,335 to customer Om Prakash Singh, a resident of Anoopshahr. The company must also pay 7% annual interest on that amount from the date the complaint was filed. Additionally, Flipkart was ordered to pay Rs. 30,000 in compensation, which includes Rs. 20,000 for mental harassment and Rs. 10,000 toward litigation costs.

    Singh placed the order on May 29, 2023, using his credit card to purchase what was advertised as a Deep Purple iPhone 14 Pro with three rear cameras. When the package arrived at an address in R.K. Puram, New Delhi, Singh opened it in front of the delivery executive. Instead of the promised iPhone, the box contained a green Chinese smartphone bearing a fake Apple logo and only two rear cameras. Singh recorded the entire opening process on the delivery agent’s phone, and the video was later shared with him via WhatsApp.

    Immediately after discovering the fraud, Singh contacted Flipkart customer care and initiated a return request through his phone. However, the seller later canceled the return request. Singh said he made multiple subsequent attempts to resolve the matter through customer support but was repeatedly stonewalled. He further alleged that a company representative marked the product as damaged without conducting a proper inspection and that he was not allowed to explain the issue.

    In its defense, Flipkart argued that it operates as an online intermediary connecting customers with independent sellers and is not directly responsible for the products sold on its platform. The company also cited its open-box delivery process, maintaining that Singh could have checked the package and refused delivery upon discovering the incorrect product. Flipkart denied all allegations of fraud and harassment.

    The consumer commission rejected Flipkart’s defense entirely. District Consumer Commission Public Information Officer Shekhar Verma stated that the case was heard by commission president Justice Hasnain Qureshi and member Neelam Kumari. “After considering the arguments of both sides, the commission rejected the company’s defence and held that it had adopted an unfair trade practice and was seriously deficient in providing service,” Verma said.

    The commission gave Flipkart 45 days to comply with the order. If payment is not made within that period, the outstanding amount will attract 8% annual interest.

  • India’s Data Science Job Market Set to Surge 34% as Generative AI Creates New Roles

    India’s Data Science Job Market Set to Surge 34% as Generative AI Creates New Roles

    India’s data science job market is entering a dynamic new phase, propelled by the rapid adoption of Generative AI, AI agents, and automation. According to the Data Science Education Report 2026, the sector is projected to grow by 34% between 2024 and 2034, with approximately 23,400 annual openings and 82,500 additional jobs over the period. Traditional roles like data analyst and machine learning engineer are being supplemented—and in some cases overtaken—by emerging positions in AI engineering, product management, governance, architecture, and domain-specific applications.

    GenAI Engineers Take Center Stage

    Generative AI is driving demand for professionals skilled in building and managing systems powered by Large Language Models (LLMs), Retrieval-Augmented Generation (RAG) pipelines, and AI agents. GenAI Engineers are responsible for developing AI applications, workflow automation, and intelligent decision-making systems. Prompt Architects, meanwhile, are evolving into “Logic Designers” focused on reducing AI hallucinations—a challenge cited by 56% of Indian companies. The report estimates that around 40% of Indian business applications could adopt AI agents by 2026.

    Bridging Technology and Business

    As AI projects move from pilots to scaled products, the AI Product Manager role is gaining prominence. These professionals understand how AI capabilities translate into business value, working across engineering and business teams to oversee adoption, track performance, and ensure commercial scalability. With 72% of Indian companies expanding Generative AI initiatives, the need for such cross-functional leaders is acute.

    AI Governance: A Trending Career Path

    The rise of AI also creates demand for governance and risk specialists who oversee ethical deployment, regulatory compliance, and risk management. According to EY India data, 51% of organizations have experienced negative outcomes from unmanaged AI systems, and there is a 53% talent gap in professionals skilled in algorithmic bias audits and Explainable AI (XAI). For data professionals, knowledge of data protection and responsible AI is becoming as essential as technical expertise.

    AI Architects Building Infrastructure

    AI Solutions Architects design the infrastructure for deploying AI across hybrid-cloud and multi-cloud environments. They build scalable systems, manage complexity, and support AI agents, distributed computing, and sovereign AI initiatives that comply with data residency regulations.

    Domain Expertise: A Key Differentiator

    The next wave of data science jobs will not be limited to tech companies. Hybrid roles combining AI skills with domain knowledge in healthcare, finance, agriculture, retail, and logistics are in high demand. Specialized positions include Foundation Model Scientists, Model Deployment Specialists, Revenue Intelligence Scientists, Product Intelligence Scientists, FinTech Analytics Scientists, retail analytics scientists, supply chain intelligence scientists, graph data scientists, risk data analysts, and experimentation scientists.

    Skills to Lead the Market

    To thrive, professionals should strengthen machine learning, Python, big data, cloud computing, real-time analytics, data engineering, deep learning, NLP, computer vision, and AI automation. Soft skills like critical thinking, debugging, and data quality management are increasingly vital. The employment outlook remains robust: data scientist roles are projected to grow 34% from 2024 to 2034, with about 23,400 annual openings.

    In summary, the future of data science belongs not only to those who can work with data, but to professionals who can build, deploy, govern, and apply AI to real business problems.

  • How to Choose the Best Medicine Delivery App in India: A Safety, Pricing, and Service Guide

    How to Choose the Best Medicine Delivery App in India: A Safety, Pricing, and Service Guide

    Buying medicines online has become a convenient option for many people in India. From prescription medicines and chronic-care drugs to over-the-counter healthcare products, medicine delivery apps allow customers to order from home and have their medicines delivered to their doorstep. But with several online pharmacy platforms available, choosing the right one should not be based only on discounts or delivery speed.

    A better approach is to evaluate an online medicine app on three important factors: safety, pricing, and service. This framework can help you understand what to check before placing an order and how to decide whether an online medicine delivery platform is suitable for your needs.

    Why You Should Evaluate an Online Medicine App Carefully

    Medicines are different from ordinary products bought online. The wrong medicine, strength, or dosage can have serious consequences. Therefore, factors such as prescription handling, product information, medicine authenticity, pricing transparency, and customer support should be considered before choosing an online pharmacy. At the same time, price matters. People who take medicines regularly may be able to reduce their healthcare expenses by exploring competitively priced options, including suitable generic or substitute medicines where appropriate. The best platform is not necessarily the one offering the biggest headline discount. It is the one that provides a good balance between safety, affordability, availability, and convenience.

    The 3-Factor Framework for Comparing Medicine Delivery Apps

    You can evaluate an online medicine app using three broad categories:

    1. Safety – The first thing to check
    2. Pricing – Look beyond the discount percentage
    3. Service – Delivery is only one part of the experience

    1. Safety: The First Thing to Check

    When choosing a medicine delivery app, safety should come before discounts. A platform may offer an attractive price, but that benefit means little if the ordering process does not provide appropriate safeguards.

    Check Prescription Handling: For medicines that require a prescription, look for a platform that provides a proper prescription-upload and verification process. Before ordering, check: Can you upload your prescription? Is the prescription reviewed where required? Are medicine strength and quantity clearly displayed? Can you contact a pharmacist or support team if you have questions? Does the platform provide appropriate information about the medicine? You should never change the medicine, strength, or dosage simply because another option appears cheaper online.

    Check Medicine Details: Before adding a medicine to your cart, verify: medicine name, active ingredient or salt composition, strength, dosage form, pack size, manufacturer, and prescription requirements where applicable. This is particularly important when several medicines have similar names.

    Check Packaging After Delivery: When your order arrives, check the packaging before using the medicine. Look for: batch number, manufacturing details, expiry date, MRP, manufacturer information, and properly sealed packaging. If the package appears damaged, tampered with, or different from what you ordered, contact the pharmacy before using the product.

    2. Pricing: Look Beyond the Discount Percentage

    Price is one of the biggest reasons consumers choose online medicine delivery apps. However, comparing platforms only on advertised discounts can be misleading. Instead, focus on the final amount you actually pay. For example, check: MRP, selling price, discount, coupon benefits, delivery charges, minimum order requirements, and price per tablet or unit. A platform offering “30% off” is not necessarily cheaper than another platform offering 20% off. The final selling price is what matters.

    Look for Generic and Substitute Options: Another important pricing factor is whether the platform helps users discover generic medicines, branded generics, or suitable substitute medicines. For some medicines, there may be multiple products containing the same active ingredient and strength but sold under different brand names. Exploring these options can sometimes help consumers reduce recurring medicine costs. However, substitution should be based on the medicine’s composition and suitability—not simply on price. Patients should consult their doctor or pharmacist before changing a prescribed medicine.

    Where PlatinumRx Can Be Useful: For consumers who specifically want to explore generic medicines, branded generics, medicine substitutes, and alternative options, PlatinumRx is a useful platform to consider in India. Its medicine catalogue is designed to show substitute options along with information such as composition and pricing, making it easier for customers to understand what other choices may be available. This approach can be particularly useful for people managing recurring medicine expenses. PlatinumRx also provides prescription upload and pharmacist review for medicines where applicable. The important point is that customers should still verify the active ingredient, strength, and dosage form and consult their healthcare professional before switching to an alternative.

    3. Service: Delivery Is Only One Part of the Experience

    Fast delivery is useful, but it shouldn’t be the only service factor you consider. A good medicine delivery app should make the complete ordering process straightforward—from searching for the medicine to receiving and reordering it.

    Check Medicine Availability: Before choosing an app for regular purchases, check whether your commonly required medicines are available. This becomes especially important for people who regularly purchase medicines for chronic conditions. Look for: consistent stock availability, prescription medicines, generic medicines, branded medicines, OTC products, healthcare products, and multiple pack sizes where applicable. A lower price doesn’t help much if your medicine is regularly out of stock.

    Check Delivery Coverage: Enter your PIN code before placing an order and check: whether delivery is available, expected delivery timeline, delivery charges, order tracking, delivery updates, and availability in your area. For regular medicines, dependable delivery can be more valuable than occasional express delivery.

    Look for Easy Reordering: If you purchase the same medicines every month, reordering can save considerable time. Useful features include: previous order history, saved prescriptions, quick reorder, medicine search, order tracking, multiple saved addresses, and refill reminders. These features become particularly useful for families managing medicines for multiple members.

    4. Customer Support Matters More Than You Think

    Medicine orders can sometimes involve prescription verification, stock issues, delayed deliveries, incorrect products, or questions about an order. That’s why customer support should be part of your evaluation. Before choosing a platform, check whether it provides: phone support, chat support, email support, order assistance, refund or replacement support, and prescription-related assistance. You should also check when customer support is available and how easily you can reach an actual support representative.

    5. Check the Platform’s Transparency

    A trustworthy online pharmacy should make important information easy to find. Look for details about: company information, pharmacy or licence details, contact information, terms and conditions, privacy policy, refund and cancellation policies, and prescription requirements. For example, PlatinumRx publicly provides company, contact, and drug licence information on its website, along with details about its medicine ordering process and customer support. This kind of transparency is useful when evaluating any online medicine platform.

    6. Compare the Complete Buying Experience

    Instead of asking only, “Which app gives the highest discount?”, consider the complete journey. A simple way to evaluate an online medicine app is:

    • Safety: Can I order the right medicine through an appropriate process?
    • Price: Am I getting a competitive final price?
    • Availability: Will I be able to find my regular medicines consistently?
    • Delivery: Can the medicine reach my location reliably?
    • Support: Can I get help if something goes wrong?
    • Convenience: Can I easily search, reorder, and track my medicines?

    This gives you a more realistic picture of the platform than looking at discounts alone.

    Medicine Delivery App Comparison Checklist

    Use this checklist before choosing an online pharmacy:

    • Verify prescription handling and verification process
    • Check medicine details (name, strength, dosage, composition)
    • Compare final price including delivery charges
    • Look for generic or substitute options and consult your doctor
    • Ensure consistent stock availability for your regular medicines
    • Confirm delivery coverage and timelines
    • Evaluate customer support channels and responsiveness
    • Review platform transparency (licence, contact, policies)
    • Assess reordering convenience and saved prescription features

    Common Mistakes to Avoid When Buying Medicines Online

    • Choosing the Biggest Discount: A large discount percentage does not automatically mean the lowest final price.
    • Switching Medicines Only Because They Are Cheaper: Do not change a prescribed medicine without checking its composition and discussing the change with your doctor or pharmacist.
    • Ignoring Strength and Dosage: Medicines with similar names can have different strengths or formulations. Always verify the exact product before ordering.
    • Buying Without Checking Expiry: Check the expiry date and packaging when your order arrives.
    • Ignoring Delivery Charges: A low medicine price can become less attractive once delivery charges are added.
    • Choosing an App Only for Fast Delivery: Speed is useful, but medicine availability, safety, and customer support are equally important.

    What Should You Look for in a Medicine Delivery App?

    There is no single feature that makes an online medicine app the best choice for everyone. If affordability is your priority, look for platforms that provide transparent pricing and access to generic, branded generic, and suitable substitute options. If safety is your priority, focus on prescription handling, medicine information, and platform transparency. If convenience matters most, check delivery coverage, tracking, reordering, and customer support. Ideally, the platform you choose should perform well across all three areas: safety, pricing, and service.

    Final Takeaway

    Choosing a medicine delivery app in India requires more than checking which platform offers the biggest discount. A better evaluation framework looks at three core areas: safety, pricing, and service. Check whether the platform handles prescription medicines appropriately, provides clear medicine information, displays transparent pricing, offers reliable delivery, and has accessible customer support. For consumers looking specifically for generic medicines, branded generics, medicine substitutes, and alternative options, platforms such as PlatinumRx can be particularly relevant because they make these choices easier to explore alongside pricing and composition information. Ultimately, the best medicine delivery app is one that combines safe medicine purchasing, competitive pricing, and dependable service—so you can order with confidence without making price the only deciding factor.

  • Why Indian Smartphone Buyers Are Delaying Upgrades: Price Hikes, GST Uncertainty, and the Refurbished Shift

    Why Indian Smartphone Buyers Are Delaying Upgrades: Price Hikes, GST Uncertainty, and the Refurbished Shift

    Key Takeaways

    • Record-high smartphone prices are pushing budget-conscious buyers to postpone upgrades.
    • Refurbished phones are gaining traction as consumers seek better value.
    • Premium sales remain resilient through EMI financing, while affordable segments face steeper declines.

    India’s smartphone market is experiencing a pronounced slowdown as rising prices and economic uncertainty make buyers think twice before upgrading. According to Counterpoint Research, smartphone shipments fell 10% year-on-year in Q2 2026 — the steepest June-quarter decline in six years. IDC reports an even sharper 11.1% drop, with shipments totaling 33.2 million units. Both research firms point to the same underlying issue: consumers no longer see enough value in new phones at current prices.

    Higher Prices Have Changed the Buying Decision

    The average selling price of a smartphone in India reached a record $315, according to IDC, a 14.4% increase over the previous year. Counterpoint estimates that phone prices climbed roughly 15% by the end of Q2 2026, driven by multiple price hikes across major brands. This surge hits the mass market hardest, where even a modest price increase can push a purchase beyond a household’s budget.

    Memory costs are at the heart of the problem. Smartphone memory prices have nearly quadrupled since September 2025, Counterpoint notes, and now account for more than 45% of the bill of materials for phones priced below ₹15,000 — up from less than 20% before. Some models have seen price increases of over 100% from their launch price.

    The impact on price-sensitive buyers has been severe. Shipments of phones in the sub-₹15,000 segment fell 45% year-on-year in Q2. IDC also recorded a 74.3% drop in phones priced below $100. These figures demonstrate how quickly rising component costs can alter consumer behavior at the entry level.

    Buyers Can Get More Value From Older Phones

    A new phone no longer offers the same clear value at the lower end. Consumers can keep their current handset for another year rather than pay more for only modest improvements. Longer replacement cycles have become a key market dynamic, according to Counterpoint.

    The refurbished market provides strong evidence of this shift. India’s refurbished smartphone market grew 13% in the first half of 2026, while new phone sales fell about 11%. Refurbished devices often offer better cameras, displays, and processors at a lower price than comparable new models. Counterpoint expects the refurbished market to grow 16% in 2026.

    This trend also underscores that demand for smartphones hasn’t disappeared. Consumers still want better devices, but price has become a stronger determining factor. A used premium phone now looks more attractive than a new budget handset, especially for buyers focused on camera quality, display performance, and processor speed.

    GST Uncertainty Gives Buyers Another Reason to Wait

    Tax policy adds another layer of hesitation. Smartphones currently carry an 18% Goods and Services Tax (GST). Reports have suggested possible cuts to 12% or even 5%, though no reduction has been confirmed.

    The next GST Council meeting has been rescheduled to October 7, 2026, from the earlier September 12 date. This change gives buyers another reason to postpone a purchase until there is greater clarity on smartphone taxes.

    A lower GST rate could create a meaningful difference at retail. On a phone priced at ₹15,000 before tax, moving from 18% GST to 12% would reduce the tax component by about ₹676. A move to 5% would cut it by roughly ₹1,950, assuming retailers pass the full benefit to buyers. Actual retail savings may vary.

    EMI Plans Keep Premium Phones Strong

    The slowdown does not affect every market segment equally. Premium phones continue to attract buyers, thanks in part to EMI financing that reduces upfront costs. More than half of mainline smartphone sales used some form of financing in Q2, according to Counterpoint. The average EMI tenure reached 10 months, with Apple having the highest average at 17.2 months.

    Google Pixel posted 68% year-on-year growth in the ultra-premium segment above ₹45,000. Samsung grew 2% among the top five brands, while Nothing posted 105% growth. These results reveal a market split between buyers who can stretch budgets for premium devices and those who must delay purchases.

    The Wait Could Make Phones Costlier

    The biggest tension lies between hopes for a GST cut and rising component costs. A buyer may wait for a possible tax reduction, yet memory prices may push phone prices higher before any relief arrives. Counterpoint expects memory prices to rise further, possibly to five times their September 2025 level, and forecasts a 13% decline for India’s smartphone market across 2026.

    India’s smartphone slowdown looks less like a loss of interest and more like a value problem. Buyers still want better phones, but higher prices have shifted the point at which a replacement makes financial sense. For mass-market consumers, the choice now often boils down to three options: keep the old phone, buy refurbished, or wait for a price cut. That shift could keep India’s smartphone market under pressure well beyond a single sales quarter.

  • Fairfax Faces Valuation Dispute in IDBI Bank Stake Buy, Deal Likely Delayed

    Fairfax Faces Valuation Dispute in IDBI Bank Stake Buy, Deal Likely Delayed

    Fairfax Financial Holdings’ proposed acquisition of a controlling 60.72% stake in IDBI Bank is at risk of delay as the Indian government reviews the Canadian investor’s valuation offer of approximately Rs. 81 per share. The deal, valued at nearly Rs. 53,000 crore for the entire stake, has hit a snag after a high-level meeting at the Finance Ministry failed to reach an agreement.

    Finance Ministry Reviews Fairfax Offer

    On Monday, a high-level meeting convened by the Finance Ministry assessed Fairfax’s reported offer to determine if it aligns with the government’s valuation expectations. The stake sale is a key part of the Centre’s broader disinvestment strategy, and its success is critical for planned fiscal targets. Sources indicate that the government is not satisfied with the Rs. 81 per share figure, which matches the stock’s closing price of Rs. 81.12 after a 10.56% decline on Tuesday.

    Wider Banking Consolidation Plans

    Fairfax, led by Prem Watsa, intends to merge its existing banking operations with IDBI Bank if the acquisition goes through. The group already holds about 40% of CSB Bank and could combine the two lenders under a single banking license. However, funding remains a question. Speculation that Fairfax would sell its stake in IIFL Finance to help finance the deal was denied by IIFL Finance on Wednesday, which stated that no such negotiations are underway.

    The delay underscores the challenge of valuing state-owned banking assets amid market volatility and regulatory hurdles. Investors will closely watch for further developments as the government and Fairfax continue talks.

  • Adyen Expands India Operations, Betting Big on Digital Payment Growth

    Adyen Expands India Operations, Betting Big on Digital Payment Growth

    Dutch payments company Adyen is significantly ramping up its presence in India, signaling strong confidence in the country’s long-term digital payments and cross-border trade market. While global rivals Stripe and PayPal have retreated from parts of the Indian market due to regulatory hurdles, Adyen is pursuing an aggressive expansion strategy.

    Gary Yang, Adyen’s Asia-Pacific president, confirmed that the company will continue to grow its Indian workforce. Although specific future hiring numbers or revenue targets were not disclosed, the trajectory is evident: Adyen’s staff count in India has grown tenfold since 2023. The company employed approximately 120 people in the country during the first half of 2026.

    A Different Path in a Tough Market

    India’s payments landscape is known for its strict regulations, which have caused difficulties for several international players. Stripe exited India in 2024, while PayPal limited its India operations to cross-border payments in 2021, abandoning domestic services.

    Adyen chose a different route. In 2024, it obtained a payment aggregator license, authorizing it to handle both domestic and cross-border payments in India. The company also established a technology hub in Bengaluru to support its local operations and product development.

    Adyen’s financial performance in India underscores its optimism. Pre-tax income from its India business more than doubled in 2025, rising to EUR 3.18 million from EUR 1.45 million in 2024. Globally, Adyen reported a net income of EUR 1.06 billion in 2025.

    Building for What Comes Next

    Adyen collaborates with global firms such as Adobe on their Indian payment strategies and assists Indian companies like travel platform Oyo in expanding abroad. The company has adapted its systems to comply with Indian regulations, including data localization laws, recurring payment mandates, and support for UPI, the country’s dominant payment system.

    Looking forward, Adyen is exploring “agentic commerce,” where artificial intelligence tools could eventually search for products and execute payments on behalf of users. The company’s India strategy revolves around expanding local operations and enabling payment services for both Indian and international businesses.

  • India Achieves Record EV Sales on World EV Day, Infrastructure Hits Critical Turning Point

    India Achieves Record EV Sales on World EV Day, Infrastructure Hits Critical Turning Point

    India’s electric vehicle market has entered a pivotal new phase as record-breaking sales shift the spotlight from consumer adoption to the infrastructure required to sustain millions of EVs on the road. On World EV Day 2026, September 9, the country celebrates its highest-ever monthly EV retail figures while confronting the next big challenge: building a robust charging and service ecosystem.

    Record Sales Mark a Milestone

    According to data from the Federation of Automobile Dealers Associations (FADA), India retailed 327,901 EVs in July 2026, a surge of more than 66% compared to July 2025. This milestone meant EVs accounted for nearly one in every eight vehicles sold during the month. August continued the upward trend with 298,448 units sold, up 52.9% year-over-year.

    The numbers coincide with the World EV Day 2026 theme, “Switching Electric: driving down the cost of motoring,” placing affordability at the heart of the nation’s electric mobility transition.

    Two-Wheelers Lead the Charge

    Electric two-wheelers remain the primary growth driver, crossing the two-lakh mark for the first time in July. Passenger EV sales climbed more than 83% year-on-year to 32,928 units. Electric three-wheelers have solidified their segment position, and commercial EV adoption is accelerating as fleet operators ramp up electrification.

    However, as EVs move beyond early adopters into the mass market, purchase decisions increasingly hinge on running costs, charging access, service reliability, and overall ownership experience.

    Charging Infrastructure Under the Spotlight

    India’s charging network has grown significantly, but the focus now is on quality, location, and uptime. Government data shows 52,718 public charging stations exist as of July 2026, including 16,561 equipped with fast chargers for cars. The PM E-DRIVE scheme has allocated ₹2,000 crore (approx. USD 240 million) for public EV charging infrastructure.

    Industry executives point out that gaps persist outside major cities and in residential buildings, where limited parking, electrical capacity, and dedicated charging facilities complicate adoption. According to experts, reliable roadside assistance, battery and charger reliability, local service networks, grid upgrades, energy storage, and smarter charging systems are all critical components of a mature EV ecosystem.

    Home Charging and Grid Capacity

    Home charging remains a significant concern, particularly for apartment dwellers. As EV numbers rise, electricity demand will climb, making coordination between the transport and power sectors more essential than ever. For India, the record sales suggest that while consumer willingness to go electric is growing, the tougher question is whether infrastructure, service networks, and energy systems can keep pace with demand.

    World EV Day 2026 thus becomes a moment to celebrate progress while underscoring the next hurdle: building a comprehensive, reliable, and accessible EV ecosystem for all.

  • 7 Affordable Analog Watches Under ₹10,000 in India

    7 Affordable Analog Watches Under ₹10,000 in India

    Finding a stylish and reliable analog watch under ₹10,000 in India is easier than ever. Leading brands like Casio, Titan, and Fastrack offer a wide range of designs that blend classic aesthetics with modern durability. Whether you need a timepiece for formal occasions, casual outings, or daily wear, these seven models deliver excellent value without breaking the bank.

    Casio Enticer MTP Series

    The Casio Enticer MTP Series combines timeless styling with dependable quartz movements. Clean, easy-to-read dials and stainless steel cases make these watches versatile enough for formal shirts, office outfits, and casual clothing. They are a practical choice for buyers seeking a reliable everyday watch under ₹10,000.

    Titan Neo Splash

    Titan Neo Splash offers a stylish combination of a detailed dial, stainless steel case, and reliable quartz movement. Its contemporary appearance suits office meetings, casual outings, and daily wear. This watch provides a balanced mix of Titan’s familiar design language, comfort, and practical functionality.

    Fastrack All Nighters

    Designed for bold, youthful buyers, the Fastrack All Nighters features contemporary styling with a multifunction-inspired dial that adds visual appeal. The quartz movement ensures dependable everyday use. This watch pairs well with casual outfits, making it ideal for college, outings, and relaxed occasions.

    Titan Minimals

    Titan Minimals focuses on understated elegance with clean dial layouts and a refined appearance. Its simple design makes it easy to pair with both formal and casual outfits. Buyers looking for an elegant everyday watch without excessive detailing will appreciate this range for office wear and regular use.

    Fastrack Opulence

    Fastrack Opulence combines contemporary styling with an eye-catching dial and quartz movement. Its fashion-forward appearance complements modern outfits, making it suitable for casual occasions, social gatherings, college, and evening outings. It’s a practical everyday option for style-conscious individuals.

    Titan Regalia Opulent

    Titan Regalia Opulent delivers a sophisticated appearance with its detailed dial and polished stainless steel construction. Its refined styling suits formal occasions, business meetings, celebrations, and professional outfits. This watch offers a premium look at an affordable price point.

    Fastrack Quartz Analog

    Fastrack Quartz Analog watches offer bold styling, practical quartz movements, and versatile designs for everyday use. Several models feature stainless steel construction and distinctive dial layouts. They appeal to younger buyers looking for fashionable watches that transition easily between casual outfits, college, work, and social events.

    Each of these analog watches under ₹10,000 brings something unique to the table, from classic sophistication to modern flair. Consider your personal style and daily needs to find the perfect timepiece that balances aesthetics, durability, and value.

  • Bajaj Finance Invests in TrueFan AI: 5% Stake Acquired Under Finserv Intelligence Initiative

    Bajaj Finance Invests in TrueFan AI: 5% Stake Acquired Under Finserv Intelligence Initiative

    Mumbai, September 8, 2026 – Bajaj Finance Ltd., a subsidiary of Bajaj Finserv Ltd. and India’s largest private sector non-banking financial company, has acquired a 5% stake in TrueFan AI (Hogwarts E-learning Universe Private Limited), an AI-powered video generation platform. The investment is part of Finserv Intelligence, Bajaj Finserv’s group-wide strategic initiative in applied research and innovation focused on developing and supporting high-tech, scalable solutions built in India, for India and the world.

    Through this initiative, Bajaj Finance aims to invest in early-stage technology startups—from seed to Series B—that demonstrate strong innovation and scalability potential in AI, cybersecurity, quantum technologies, fintech, and consumer technology.

    The investment in TrueFan AI builds on an existing commercial relationship between the two companies. Bajaj Finance has already deployed TrueFan’s platform at scale, generating millions of personalized videos for customer engagement and dealer enablement. This supports Bajaj Finance’s broader strategy of deploying AI-led automation and personalization across its digital ecosystem.

    Rajeev Jain, Vice Chairman and Managing Director of Bajaj Finance, said, “As a FINAI company, we are deploying AI at scale across the company. Our investment in TrueFan AI follows sustained, production-scale use of its technology, giving us first-hand experience of the platform’s capabilities and its execution. This investment reflects our commitment to supporting proprietary AI innovation in India and our belief in TrueFan’s potential to drive enterprise adoption of AI-powered communication.”

    Nimish Goel, Co-founder and CEO of TrueFan AI, added, “Bajaj Finance is one of India’s most forward-looking enterprises in AI adoption. There is no stronger validation than seeing one of our largest customers also become a shareholder after experiencing our technology first-hand. It is a strong vote of confidence in the TrueFan AI team and what we have built. We look forward to deepening our partnership with Bajaj Finance and the wider Bajaj Finserv ecosystem.”

    Beyond the equity investment, Bajaj Finance and TrueFan AI intend to expand their collaboration across personalized marketing, video generation at scale, in-app live avatar assistance, AI-powered multilingual communication, dealer communication, learning and development, and digital onboarding. In line with Finserv Intelligence’s value-creation-first philosophy, the partnership will extend beyond financial investment to building technological capabilities and creating long-term strategic value.

    The TrueFan AI platform is built for enterprise-grade deployment, optimized for low-cost inference, high-volume generation, and seamless integration into existing enterprise workflows.