For a developing nation like India where more than half population is not accomplished with the internet, digital payments just don't help its cause. A large part of India’s consumer market is serviced by small suppliers with low-cost bases, usually in the unorganized sector which usually involves earning, spending and buying in cash.
External Affairs Minister Sushma Swaraj on Sunday appealed to the Indian workers, who have lost their jobs in Saudi Arabia, to file their claims for unpaid dues with their employers and come back home soon and said the government will bear the cost of their return.
Samsung Electronics said Friday that discontinuing the Galaxy Note 7 smartphone, which is prone to overheat and catch fire, will cost it about $3 billion US in the current and coming quarters, raising total costs from the recalls to at least $5.3 billion.
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