Data

Trained in data science, AI, ML? There are 50,000 job posts waiting for you

Economy, Technology       Oct 16, 2018

  As India pushes its boundaries towards achieving digital growth, a new report said on Tuesday that over 50,000 positions in the fields of data science and machine learning (ML) are vacant in the country owing to a lack of skilled workforce.    A state of the...

163 ultra rich Delhiites have cumulative wealth of Rs 6,78,400 cr: Barclays Hurun

Wealth Management       Oct 09, 2018

As many as 163 Delhiites featured in the Barclays Hurun India Rich List 2018 and their cumulative wealth stood at a whopping Rs 6,78,400 crore, a report said on Tuesday.   The Barclays Hurun India Rich List, which is a compilation of the richest individuals in...

FPIs pull out Rs 9,300 crore in just 4 sessions

Economy       Oct 07, 2018

  New Delhi: Foreign investors have pulled out over Rs 9,300 crore (USD 1.3 billion) from the Indian capital markets in the last four trading sessions on unabated fall in rupee and rise in crude oil price.    The latest withdrawal comes following a net outflow of...

Domestic air passengers grew 17.17% to 11.35 million in August

Economy       Sep 24, 2018

  Country's domestic passenger traffic grew over 17 percent to 11.35 million in August over the same period year ago even as the average seat factor of all major carriers declined compared to July, DGCA data show.   Besides, budget carrier SpiceJet outperformed rivals IndiGo and GoAir...

India has 19 judges per 10 lakh people: Data

Economy, Risk Management       Sep 24, 2018

  India has 19 judges per 10 lakh people on an average, according to a Law Ministry data which also states that the judiciary faces a combined shortage of over 6,000 judges, including over 5,000 in the lower courts itself. According to the data, part of...

India:FPIs pull out $2.1 bn in Sep so far due to fall in rupee

Economy       Sep 23, 2018

  Overseas investors have pulled out a massive Rs 153.65 billion ($2.1 billion) from the capital markets so far in September, after putting in funds during the previous two months, on widening current account deficit coupled with global trade tensions.   The latest outflow comes following a...

Social media platforms account for 79% of e-commerce in India: PayPal

Intermediaries, Technology       Sep 20, 2018

  Sales through social media platforms account for over 79 per cent of the total online selling of goods and services in India, a PayPal report said on Thursday.   Growing digitisation and increasing internet penetration in India have reportedly encouraged commerce to move online, it said.  ...

Insurance industry to touch $280 billion by FY20: Assocham

      Sep 09, 2018

  NEW DELHI: The Indian insurance industry is expected to grow to USD 280 billion by 2019-20 aided by the government's flagship Ayushman Bharat and increasing awareness about need for protection, according to an Assocham-APAS study. Insurance penetration in the country reached 3.7 per cent in...

FPIs turn net sellers in September, pull out USD 1.3 billion so far

Economy       Sep 16, 2018

  NEW DELHI: Foreign investors pulled out a massive Rs 9,400 crore (USD 1.3 billion) from the capital markets last fortnight, after putting in money during the previous two months, on widening current account deficit due to a surge in oil prices and depreciating rupee.  The...

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