“I recommend maybe 10 per cent, or maybe even 20 per cent of gold...
Category:
Eco/Invest/Demography
Latest
Finance minister to start pre-Budget consultation with various stakeholders from Dec 6
Finance Minister Nirmala Sitharaman The pre-Budget consultation...
Sebi revises guidelines on mobile and e-mail alerts for investors
Under the revised framework, Sebi said, the stock brokers can...
US health tab hit $4T as gov’t opened spigot to fight COVID
The $4.1 trillion tab for 2020 represents an increase of about $365 billion from national health spending in 2019. It works out to $12,530 per person Washington:U.S. health care spending rocketed to $4.1 trillion last year as Congress opened the spigot of federal...
Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist
Gita Gopinath,Chief Economist,International Monetary Fund ''I think cryptocurrencies are a particular challenge for emerging markets. It seems to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies,'' she said while...
Electric vehicle mkt to see investment of Rs 94,000 cr in next 5 years: Report
Currently, 15 Indian states have either approved or notified EV policies, with six more states in the draft stage. States like Delhi, Gujarat, Maharashtra, and Meghalaya are focusing on demand incentives, whereas southern states and Uttar Pradesh are focusing on...
UIDAI plans to provide Aadhaar enrolment to newborn babies in hospitals soon
"99.7 per cent adult population has been enrolled in Aadhaar. We have enrolled a 131 crore population and now our effort is to enrol newborn babies," Garg said. "Every year 2-2.5 crore babies take birth. We are in the process of enrolling them in Aadhaar," he added....
Banking services hit as PSU bank employees go on two-day strike
AIBOC General Secretary Soumya Dutta said about 7 lakh bank staffers across the country are participating in the two-day strike. It is unfortunate that operations of over 1 lakh branches of banks and regional rural banks have been impacted due to the strike because of...
AIIB to fund $150 million for making Chennai’s urban services green and resilient
Chennai faces tremendous infrastructure deficits and low service quality in core urban sectors such as water resource management, water supply and sanitation, urban mobility, solid waste management and public health Beijing: AIIB has approved the USD150-million...
Cabinet clears proposal to increase legal age of women to 21: Report
After the Union cabinet's approval, the government will amend the Prohibition of Child Marriage Act, Special Marriage Act, and the Hindu Marriage Act to implement the new decision to increase the legal age of marriage of women," sources said. New Delhi:The Union...
ICICI Pru Life Insurance signs the UN Principles of Responsible Investing
Manish Kumar, Chief Investment Officer, ICICI Prudential Life Insurance said, “As part of our commitment towards promoting sustainable investing we recently launched the ‘Sustainable Equity Fund’, an ESG-focused fund, and in the process became the first life insurance...
India’s Population Puzzle
While India will be a young country for decades yet, it is aging faster than expected.The latest round of India’s massive National Family Health Survey underscores the point. Mihir Sharma By the middle of this century, India will have 1.6 billion people. That’s when...
IMF warns of interest rate risks as global debt hits $226 trillion
Government borrowing accounted for slightly over half of the $28 trillion increase, but private debt among non-financial corporations and households also hit new highs. Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and...