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NBFC sector faces imminent crisis, says Corporate Affairs Secretary

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi:  There is an "imminent crisis" in the non-banking financial companies (NBFCs) sector as misadventures by some large entities and credit squeeze present a perfect recipe for disaster, a senior government official has said.   In...

India among Asian economies set to dominate 7% growth club during 2020s

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, International News

  The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7 per cent.   India, Bangladesh, Vietnam, Myanmar and the Philippines should all meet that benchmark,...

Cyclone Fani Death toll mounts to 43 people stage blockade

by AIP Online Bureau | May 12, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  Bhubaneswar:  The death toll in Odisha due to Cyclone Fani mounted to 43 on Saturday, even as people staged a road blockade and assaulted a state official in protest against water shortage and power cuts in the coastal belt ravaged by the severe storm a...

Reliance entry to digitise 5 million kirana stores by 2023: Report 

by AIP Online Bureau | May 12, 2019 | Data, Eco/Invest/Demography, Intermediaries, Technology

  Richest Indian Mukesh Ambani-led Reliance Industries entry into online retailing will help expand the current 15,000 digitised retail stores to over 5 million by 2023, a study of Bank of America Merrill Lynch said.    As much as 90 per cent of...

‘Modicare’ significant step towards universal health coverage in India: US think tank

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Health, Indian News

  Washington:  'Modicare' significant step towards universal health coverage in India: US think tankIndia's ambitious health insurance scheme, Ayushman Bharat, marks a significant step towards universal health coverage but the government should...
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