Articles

India ends 2017 being among the best-performing markets globally

Economy       Dec 31, 2017

New Delhi: Overseas investors have pulled out close to Rs 5,900 crore from domestic equities this month, with widening fiscal deficit and higher crude prices making market participants cautious on macro-economic front.   In spite of December performance, foreign portfolio investors (FPIs) ended the year with...

2018 will be the year of smarter phones with larger screens and facial recognition

Technology       Dec 30, 2017

NEW DELHI: If 2017 was about dual cameras and longer battery life, the year 2018 is expected to churn out smartphones with larger screens packed with features like facial recognition and augmented/virtual reality.   Put simply, the phones are slated to become grander, lighter and smarter...

Indian E-commerce market may cross $50 bn mark in 2018: Study

Technology       Dec 25, 2017

Mumbai: The digital commerce market in the country is expected to cross USD 50 billion in value by the end of 2018 from the current level of USD 38.5 billion, on the back of a growing internet population and increased online shoppers, says a recent...

Surging bitcoin price pushes up costs for insurers for ransomware attacks

Risk Management       Dec 24, 2017

Chubb Ltd, best known for catering to wealthy families and corporations, is among at least three insurers facing a jump in costs tied to claims from ransomware attacks. The firms attribute much of that to the surging price of bitcoin, the currency of choice for...

Philippines storm death toll climbs to 182, hundreds still missing

Disaster Management       Dec 24, 2017

The death toll from a tropical storm in the southern Philippines rose to 182 early on Sunday, with 153 people still missing, police said, after rescuers pulled dozens of bodies from a swollen river. Tropical Storm Tembin has lashed the nation's second- largest island of...

Santa Claus May Be At Serious Health Risk: Experts

Health       Dec 24, 2017

London: Santa Claus is adored by youngsters the world over, but he could be setting a bad example when it comes to his physical health and mental well being, according to UK doctors.   Centuries of sherry-drinking, eating mince pies and working night shifts could be...

Alternative assets industry in India worth $43 billion: Preqin report

Wealth Management       Dec 20, 2017

NEW DELHI:  The alternative assets industry in India is worth USD 43 billion across private equity, venture capital, real estate, infrastructure, private debt and hedge funds, says a report.   With 221 private capital fund managers and 46 hedge fund managers based in the country, the...

Top 10% earners have 55% of India's wealth: Report

Economy       Dec 20, 2017

Income inequality in India has increased since deregulation started in the 1980s, with the top 10 per cent of earners accounting for 55 per cent of the national wealth in 2016, according to a global research report released on Wednesday.   The India-specific finding of the...

Innovation hubs emerge in India, Singapore: Capgemini report

Technology       Dec 19, 2017

Organisations globally are heavily investing in innovation centres and while the US remains the market leader, innovation centres are rapidly coming up in India and Singapore, says a Capgemini report.   According to Capgemini's Digital Transformation Institute's report released today, Silicon Valley is no longer the...