Data

FPIs' bullish stance continues; pump in Rs 63.10 bn in Nov on crude, rupee

      Nov 25, 2018

  Mumbai: Foreign investors have pumped in Rs 63.10 billion into Indian capital markets this month so far, after pulling out massive funds in October, on easing crude oil prices and a strengthening rupee.   Of these, most of the funds were infused in the debt market...

MFs add 7.7 mn accounts in Apr-Oct, take total to all-time high of 80 mn

Wealth Management       Nov 25, 2018

New Delhi: Growing investors' interest in mutual fund has led to an addition of nearly 7.7 million new folios in the first seven months of the current fiscal, taking the total to an all-time high of around 80 million at the end of October.   This...

1 mn cloud computing jobs to be created by 2022 in India: Report

Technology       Nov 23, 2018

With cloud computing becoming more prevalent in companies, both large and small, the global requirement for professionals is steadily on the rise and over over a million jobs in the sector will be created in the country by 2022, according to a report.   Companies are...

India:Broadband subscriber base at 463.6 million in August-end: DoT

Technology       Nov 23, 2018

Amid explosive growth in data consumption, India's broadband subscriber numbers touched 463.6 million at the end of August 2018, up 0.74 per over the previous month, according to official data by the Department of Telecom (DoT). The number of broadband subscribers stood at 460.24 million...

ESIC data suggest 16 mn new jobs created in 13 months till Sept: Report

Pension       Nov 23, 2018

New Delhi: Employees State Insurance Corporation (ESIC) data suggest that 16 million jobs were created during 13 months period till September, according to CSO data.   Meanwhile, new subscribers joining its health insurance scheme (ESI) dipped 5.2 per cent to 1.15 million in September.   As many...

FPIs pull out $900 mn from Indian market on widening CAD in Sept quarter

      Nov 21, 2018

  Continuing their selling spree in the September quarter, foreign investors pulled out $900 million from the Indian equity market on widening current account deficit due to a surge in oil prices and depreciating rupee.   This comes following a net outflow of equities worth $3.04 billion...

How Bill Gates aims to save $233 billion by reinventing the toilet

Health       Nov 06, 2018

  Bill Gates thinks toilets are a serious business, and he’s betting big that a reinvention of this most essential of conveniences can save a half million lives and deliver $200 billion-plus in savings.   The billionaire philanthropist, whose Bill & Melinda Gates Foundation spent $200 million...

India's digital economy likely to cross $1 trillion by 2022, says KPMG

Technology       Oct 26, 2018

  New Delhi: India's digital economy is likely to cross $1 trillion by the financial year 2022, a KPMG report said here on Thursday.The report launched at the India Mobile Congress 2018 also forecasts that mobile data usage in the country is likely to surge five...

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

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...

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