Reshaping consumer behaviour
Financial Express Chandigarh|January 09, 2025
High fintech adoption isn't just a trend but a game changer in India; three 'S's will define 2025 for the sector - security, sustainability, and scalability
AKASH SINHA

WHEN YOU WALK up to your local store to buy groceries for the week, chances are you'll likely reach for your phone and not your wallet when you make a payment. Truthfully, you're probably no longer walking up to a store but placing an order with the same phone on an app. Payments and shopping habits in India have had a paradigm shift.

Today, the Indian consumer across tiers is shopping for their daily, monthly, and even large yearly purchases online. To now reach one of the fastest-growing consumer bases in the world, businesses catering to Indians have few options but to go digital.

In a country like ours, where financial inclusion rates still lag behind global counterparts, high fintech adoption, which brings access and choice to millions, isn't just a trend but a game changer. By adding more people into the fold of digital India's promise, fintech has moved from being an enabler of convenience to an active financial partner - for people, businesses, and the economy.

هذه القصة مأخوذة من طبعة January 09, 2025 من Financial Express Chandigarh.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 09, 2025 من Financial Express Chandigarh.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من FINANCIAL EXPRESS CHANDIGARH مشاهدة الكل
Financial Express Chandigarh

Chants meet chatbots at this year's Maha Kumbh

FROM INFORMATION TO SECURITY, AI TO BE MAJOR MOVER AT THE MEGA EVENT

time-read
3 mins  |
January 10, 2025
Financial Express Chandigarh

Trump tariffs: Auto suppliers rethink production plans

Trump has vowed to impose a blanket tariff of 10% on global imports into the US and a 60% tariff on Chinese goods

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

Premium online video market to double by 2028: Report

INDIA'S PREMIUM ONLINE video market, valued at $1.7 billion in 2023, is projected to nearly double by 2028, solidifying its position as one of the fastest-growing over-the-top (OTT) markets globally, according to the Asia Video Industry Report 2025.

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

RBI governor seeks to improve forecasting

Two of the sources Reuters spoke to said the RBI would look to increase datasets required to gauge trends in income and expenditure better.

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

TCS profit rises 4% in Q3

Similar attempts in the past to simplify the I-T law, most notable being the Direct Taxes Code drafted in 2009 by the UPA govt

time-read
4 mins  |
January 10, 2025
Financial Express Chandigarh

Meta's fact-checking snub in US alarms India

AS META ANNOUNCED the end of its third-party fact-check programme in the US, a move that is being seen as the company reorienting itself for the new Trump era—a palpable sense of panic has gripped fact-checkers in India.

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

TCS Profit Rises 4% in Q3

Among verticals, energy, resources and utilities grew by 3.4%, and consumer business gained 1.1%.

time-read
2 mins  |
January 10, 2025
Financial Express Chandigarh

Taliban Urges India to Ease Visa Process

First High-Level Meet

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

Hollywood Hills burn as big blaze engulfs LA

THE HOLLYWOOD HILLS blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

time-read
1 min  |
January 10, 2025
Financial Express Chandigarh

Musk Held Talks on Ways to Oust UK's PM Before Polls: Report

BILLIONAIRE ELON MUSK has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

time-read
1 min  |
January 10, 2025