Facts

Startups find new ways to assess risk and create new businesses tied to auto insurance

Non-Life, Technology       Dec 13, 2019

  Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags.   Data on everything from how frequently a car is booked, the type...

India ranks 73rd in UN index assessing e-commerce readiness

Eco/Invest/Demography, Technology       Dec 04, 2019

  India has ranked 73rd out of 152 countries in a business-to-consumer E-commerce index that measures an economy's preparedness to support online shopping, moving seven places up in the list.   The United Nations Conference on Trade and Development's Business-to-Consumer (B2C) E-commerce Index 2019 has been topped...

Younger millennials and Gen Z fuelling Indian credit card business

Eco/Invest/Demography       Dec 01, 2019

  For every 100 people in India, there are only three credit cards. A comparable penetration figure for the US is 320.   Statistics like these suggest that India’s first initial public offering of a credit card issuer is either an opportunity with boundless prospects — or...

Minimal Exposure to Air Pollution Also Leads to Hospitalisation: Study

Eco/Invest/Demography, Health       Nov 28, 2019

Health related problems linked to air pollution could be far higher than previously thought, as researchers have found that short-term exposure to fine particulate matter in the air (known as PM2.5) is associated with several newly identified causes of hospital admissions, even at levels below...

At 17.5 million, Indian diaspora largest in the world: UN report

Eco/Invest/Demography       Nov 28, 2019

  New York: India continues to be the largest country of origin of international migrants with a 17.5 million-strong diaspora across the world, and it received the highest remittance of USD 78.6 billion from Indians living abroad, the UN migration agency said.   The International Organisation for...

India's sugar demand takes a beating over slowdown, health concerns

Eco/Invest/Demography, Health       Nov 27, 2019

   New Delhi: Sugar demand in India is starting to stagnate as economic growth in the top user slows and food manufacturers opt for alternatives, according to Meir Commodities India Pvt and Golden Agri-Resources Ltd.   The nation will consume 25 million tons to 25.2 million tons...

Assam govt to gift 10 gm of gold to every bride

Eco/Invest/Demography, Wealth Management       Nov 20, 2019

  Guwahati: The Assam government on Wednesday announced that it will gift 10 grams of gold to every adult bride, if she has studied at least up to class 10 and her marriage is registered. There are some other conditions as well to avail the benefit...

Smokers who switch from tobacco to vaping rapidly boost heart health: Study

Eco/Invest/Demography, Health       Nov 18, 2019

Chronic smokers who switched from tobacco cigarettes to e-cigarette vapes in a large randomized control trial saw a significant improvement in markers of heart health after just a month, researchers said on Friday.   In study results likely to be closely scrutinized by health specialists worldwide,...

Bill Gates is worth $110 bn, tops Jeff Bezos as world's richest person

Wealth Management       Nov 17, 2019

  This time it’s official.   Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.   Gates may have been helped in part by the Pentagon’s surprise...

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