India’s digital economy set to outpace traditional sectors; expected to contribute 20% of GDP by 2030

The most significant growth in the digital economy is expected to come from the expansion of digital intermediaries and platforms, with artificial intelligence (AI), cloud services and global capability centers (GCCs) leading the way.

Over the past decade, industries enabling digital technologies have grown at an impressive rate of 17.3 percent, outpacing the overall economic growth rate of 11.8 percent.

Union Budget 2025-26: GDP growth rate projected between 6.5 and 6.9 % for FY26, reveals FICCI survey

Export competitiveness emerged as a priority, with respondents advocating for improved logistics efficiency and the continuation of interest equalization schemes to enhance India's global trade standing.

The survey acknowledged the government’s focus on fiscal consolidation, with 47 percent expecting the fiscal deficit target of 4.9 percent for FY 2024-25 to be met, and another 24 percent anticipating a lower fiscal deficit for the current year.

ASCI Academy releases white paper on navigating cookies in the age of DPDPA

Advertisers use cookies to gather data on user behaviour, preferences, and browsing history to deliver targeted ads that drive higher engagement and better ROI.

The paper provides actionable insights on crafting an effective cookie policy to help stakeholders navigate the complexities of consent, transparency, and user control in an increasingly privacy-conscious world.

Andhra Pradesh to develop Data City Project near Visakhapatnam; Google, TCS plans for expansion

Google is being considered as a potential lead player, which could pave the way for other tech giants to establish a presence in the region. (Photo: Unsplash)

The concept of the Data City has been spearheaded by Nara Lokesh, the state’s IT minister and son of Chief Minister N. Chandrababu Naidu, who was instrumental in the development of Hyderabad’s Hitec City.