“This year, the number of new demat accounts may cross the 40...
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India’s savings rate shoots past global average: SBI report
“Due to various measures, India's financial inclusion improved...
Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth
Interestingly, the net AUM which was at Rs 49.05 lakh crore in...
PMS, AIF asset base set to cross Rs 50 trn in 10 years: PMS Bazaar
According to official data, assets under management of discretionary and non-discretionary PMS (non-EPFO) stood at Rs 3.97 lakh crore at the end of October 2021 New Delhi:With sophisticated investors looking beyond traditional retail-oriented investments, Portfolio...
Unemployment rate at 9.3 pc in Jan-Mar 2021: NSO survey
Labour force refers to the part of the population which supplies or offers to supply labour for pursuing economic activities for the production of goods and services and therefore, includes both employed and unemployed persons. New Delhi: Unemployment rate for all...
Rs 26,697 cr lying in dormant accounts of banks: Sitharaman
As per information received from the Reserve Bank of India (RBI), as on December 31, 2020, the total number of such accounts in Scheduled Commercial Banks (SCBs) was 8,13,34,849 and the amount of deposits in such accounts was Rs 24,356 crore, Sitharaman said in a...
Foreign tourist arrivals fell from 10.9 mn in 2019 to 2.7 mn in 2020: Govt
“The number of foreign tourist arrivals during 2019 was 10.93 million, which decreased to 2.74 million in 2020. The number of domestic tourist visits in India during 2019 was 2,32,19,82,663, which decreased to 61,02,16,157 (in 2020),” Tourism Minister G Kishan Reddy...
8.55 crore rural households have provision of tap water supply at home: Jal Shakti Ministry
'So far, an additional 5.32 crore (27.65 per cent) rural households have been provided with tap water connections New Delhi: Out of the 19.22 crore rural households in the country, 8.55 crore have the provision of tap water supply at their homes, the Jal Shakti...
Indian Govt’s health expenditure share in GDP rises from 1.15 pc to 1.35 pc: NHA report for 2017-18
The share of the government's health expenditure in the total health expenditure has increased to 40.8 per cent (2017-18) from 28.6 per cent (2013-14), the NHA report for 2017-18 said. New Delhi: The share of the government's health expenditure in the total GDP of the...
Global AI software market to hit $62 billion in 2022, says Gartner
The top five use cases for AI software spending in 2022 will be knowledge management, virtual assistants, autonomous vehicles, digital workplace and crowdsourced data. Global artificial intelligence (AI) software revenue is forecast to reach $62.5 billion in 2022, an...
EV charging sessions to cross 1.5 bn by 2026 globally: Report
While EV charging at home will largely remain dominant, public charging roll-outs will be a major focus going forward, and their installation will be critical to enabling users who do not have off-road parking to join the electric mobility revolution," said research...
Common Service Centres records more that 80% informal workers’ registrations on e-Shram portal
"We would like the CSCs to become labour welfare centres and help every worker get his/her due benefit under central/state government schemes," CSC SPV Managing Director Dr Dinesh Tyagi said According to the latest data available on the e-Shram portal, as many as 8.43...
EPFO net adds 15.41 lakh subscribers in Sept
Age-wise comparison of payroll data shows that the age-group of 22-25 years registered the highest number of net enrolments at 4.12 lakh during September 2021. This was followed by 18-21 years with around 3.18 lakh net enrolments. This indicates that many first-time...