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Established players such as Paytm are also feeling the push and fear that their position will be challenged with the entry of WhatsApp payments.

On this day, the November 8, 2016, in midnight, Prime Minister Narendra Modi announced his decision to demonetise 87% of Indian currency – Rs 500 and Rs 1000 notes – which were in circulation. We look at the few reasons why demonetisation failed and what could have given intended results.

The Indian government will spend $7.8 billion on IT in 2017, a 7.5 percent increase from 2016 but 2% down from Gartner's previous projections

Digital transactions, which gained prominence post demonetisation, have started declining with pick up in remonetisation, indicating return of people's preference for cash

Among the top companies exposed to the new risk include Alphabet unit Google, Facebook, Twitter.

Paytm is backed by Chinese tycoon Jack Ma's Ant Group, Japan's SoftBank, and Warren Buffett's Berkshire Hathaway

Putting speculation to the rest, RBI Governor Urjit Patel has stepped down citing 'personal reasons'.

With an aim to push blockchain technology in government, the Internet and Mobile Association of India (IAMAI) has formed a Blockchain Committee.

On BookMyShow, Razorpay along with its banking partner, HDFC has now enabled UPI payments through the intent flow on native mobile applications using existing UPI supported apps installed on customer's phone.

REITs are good news for investors who have a small appetite - as small as Rs 2 lakh - and yet want to invest in the otherwise highly cost-intensive commercial real estate market.