Take a moment and look around when you’re in a metro, bus, or even at a restaurant with family-most people will have their heads down, engrossed in their smartphones. While India’s economy faces challenges like slowing growth and weaker consumer spending, one industry remains unaffected-smartphones and digital platforms. As people spend more time online, social media influencers, businesses, and streaming services are seeing massive profits.

RBI allows banks to increase ATM withdrawal charges from Rs 21 to Rs 23 per transaction beyond free limits starting May 1, 2025.