Vision is for India to evolve as a ‘fintech nation’ with the...
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Unemployment rate declines to 3.2 pc, job & skill creation top priority: Eco Survey
According to the Survey, key areas of policy focus in the short to...
Eco-Survey: Banks and insurers must avoid mis-selling and address grievances to keep financial system healthy
Commercial banks and insurance companies, even as they aim to...
Modi urges global cooperation to make cryptocurrencies safe
Prime Minister Narendra Modi . Prime Minister Narendra Modi India's digital currency market was worth $6.6 billion in May 2021, compared with $923 million in April 2020, according to blockchain data platform Chainalysis. MUMBAI: Indian Prime Minister Narendra Modi...
India’s Paytm crashes in market debut, business model questioned
Paytm, backed by China's Ant Group and Japan's SoftBank and Berkshire Hathway, grew rapidly after Uber listed it as a quick payment option in India and has expanded into a plethora of services - insurance and gold sales, movie and flight ticketing, bank deposits and...
Number of people fully vaccinated against COVID-19 surpasses those partially vaccinated
Union Health Minister Mansukh Mandaviya Eligible people across India with a special focus on districts where less than 50 per cent of the eligible population has been vaccinated, the statement said New Delhi: The number of fully vaccinated individuals against COVID-19...
Global Indians focus on sustainability for investing in India:HSBC report
Sustainability plays a major role in investors' decision making, with more than three quarters (76 per cent) of global Indians saying environmental and social initiatives such as renewable energy and skills development are a key part of their decision making when...
climate talks lends India time to transition
The Global Climate Risk Index 2021, a ranking from research group Germanwatch, put India among the top 10 countries most affected by climate change. The South Asian nation is experiencing rising heat and sea levels, as well as erratic rainfall and stronger cyclones....
State of play of India’s healthcare sector exposed by COVID-19
More than 60% of all healthcare spending in India is out of pocket, much higher than Brazil's about 27% and about 11% for the United States New Delhi: The COVID-19 pandemic has forced India to urgently try and revitalise its health infrastructure, especially after a...
India could bar transactions in crypto, permit holding as assets
India's Prime Minister Narendra Modi last week chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources had said on Saturday. MUMBAI: India is...
Swiss Re remains positive on global insurance premiums and profitability,expects higher inflation
Jerome Haegeli, group chief economist, Swiss Re Market conditions suggest that positive pricing momentum will continue across all lines and regions. Inflation-driven higher claims development in all lines of business, continued social inflation in the US and...
AXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
The Report highlights that the global annual average loss from natural disasters has risen from $27 billion during 1970-80 to nearly $200 billion during 2010-2019, driven mostly by global economic development and the rising value of assets in hazardous areas,...
Fauci says boosters for all key to U.S. reaching COVID-19 endemic level
Dr. Anthony Fauci "To me, if you want to get to endemic, you have got to get the level of infection so low that it does not have an impact on society, on your life, on your economy,People will still get infected. People might still get hospitalized, but the level...