Eco/Invest/Demography

India reports 16,738 new coronavirus cases; highest since January 29

Indian News       Feb 25, 2021

New Delhi: India reported 16,738 new coronavirus infections, health ministry data showed on Thursday, for the highest daily jump since January 29, according to a Reuters tally. More than half came from the western state of Maharashtra, India's richest and home to its financial capital...

Online platforms emerging as preferred marketplace for vehicle buyers: Survey

Indian News       Feb 24, 2021

  Mumbai: A survey has revealed that online platforms have emerged as preferred marketplace for buying a vehicle with a majority 60 per cent of respondents showing willingness to buy vehicle digitally. Besides, 54 per cent of the 77 per cent respondents who had deferred their...

India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBM

Indian News       Feb 24, 2021

  New Delhi: India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBMIndia was the second most attacked country by cyber criminals after Japan in Asia Pacific in 2020, according to an IBM report released on Wednesday. In 2020, IBM Security X-Force observed...

India plans new social media controls after Twitter face-off

Indian News       Feb 24, 2021

  NEW DELHI: Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast and assist investigations, according to a draft regulation.New Delhi’s planned “Intermediary Guidelines and Digital Media Ethics Code” - a copy of which was seen by...

Govt committed to privatising all PSUs except bare minimum in 4 strategic sectors — PM Mod

Indian News       Feb 24, 2021

  New Delhi: Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. “It is government’s duty to support enterprises and businesses. But...

India's ultra- rich club to grow by 63% in five years: Knight Frank

International News       Feb 24, 2021

  The number of ultra high net worth individuals (UHNWIs) in India with 30 million dollars (about Rs 217 crore) or more is expected to grow by 63 per cent to 11,198 by 2025, Knight Frank said on Wednesday. This will make India the second fastest...

Indian traders face 'absolute havoc' as bourse suffers four-hour outage

Indian News       Feb 24, 2021

  MUMBAI: India’s largest bourse shut down for nearly four hours on Wednesday due to what it said was a telecom network glitch, and its operators drew fire from traders for a lack of transparency over the problem, which they said caused “absolute havoc”.The National Stock...

Most consumers would buy life insurance in the next six months:Tata AIA Life Survey

Indian News       Feb 24, 2021

  Mumbai: Driven by the need to secure family’s future financially and concern around medical emergencies, life insurance has emerged as the most preferred financial tool, reveals Tata AIA Life Insurance's Consumer Confidence Survey on the impact of COVID-19 Pandemic. The survey also found that most...

India detects over 24,000 mutations in 7,000 variants of Covid

Indian News       Feb 24, 2021

  New Delhi: The genetic diagnostic laboratories in India have detected over 24,000 mutations in the strains of SARS-CoV-2 in the last one year, top officials told IANS on Tuesday. The officials added that the mutations have been detected in around 7,000 variants of the novel...

RBI concerned over impact of cryptocurrency may have on financial stability: Das

Indian News       Feb 24, 2021

  New Delhi: The Reserve Bank of India (RBI) is concerned over the impact cryptocurrencies may have on the financial stability in the economy and has conveyed the same to the government, Governor Shaktikanta Das said on Wednesday. ''We have certain major concerns about cryptocurrencies. We...

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