Micro health plans makes it big
Bite-sized health insurance plans offering small premiums and cover size have turned popular during the coronavirus pandemic, bringing together innovative insurance companies and payment apps with their massive reach. Payment apps PhonePe and Paytm already sell large numbers of these insurance plans and, soon, WhatsApp will offer such plans from SBI General Insurance Co. Ltd […]
India’s urban poor suffer from job crisis
Over the past few months, several high-frequency indicators have suggested a pick-up in economic activity across the country. But data from the latest round of the YouGov-Mint-CPR Millennial Survey conducted online in October and November suggests that the job market is yet to recover from the pandemic shock. The survey shows that young workers were […]
Zomato raises $660mn
Gurugram based food tech unicorn Zomato has completed its primary fundraise worth $660 million, giving the company a valuation of $3.9 billion, as the firm set its sights on an initial share sale in the first half of 2021. The fundraise saw 10 new investors join Zomato including Tiger Global Management, Baillie Gifford, Luxor Capital, […]
Air traffic grew by 20%
Indian Airlines flew 20% more passengers in November than in the previous month as the carriers were allowed to sell more tickets per flight and travellers felt more confident about flying amid the pandemic. As many as 6.35 million passengers travelled by air in November compared with 5.27 million in the preceding month, data released […]
Red tape hurts returning entrepreneurs
Many Indian and Chinese migrants, after becoming successful entrepreneurs abroad, return and set up businesses back home. This reverse migration helps bring ideas and capital from abroad and boosts growth. Yet, not all countries provide a conducive environment to make this possible. For instance, a study finds that China is more welcoming to returning entrepreneurs […]
Consumption revival to take time
The coronavirus pandemic will continue to wreck household consumption in India all through 2021 and pre-covid levels will be reached only by 2022, a report by The Boston Consulting Group (BCG) said. BCG now expects its 2028 consumption estimate for India to be met only by 2030. Household consumption, which includes food and grocery, housing […]
Unease over new labour laws may be behind factory unrest
A string of incidents of worker unrest, including at theWistron Corp. and Toyota Kirloskar Motor Pvt. Ltd (TKM) factories in Karnataka, has highlighted a possible link with newly amended labour and industrial laws. The yet-to-be-operationalized labour codes promise to improve ease of doing business and remove archaic regulations. The state-specific amendments to labour laws aim to […]
ಡಿಜಿಟಲ್ ಹಬ್‌ಗೆ ಫಿಯಟ್ ಹೂಡಿಕೆ
ಫಿಯಟ್ ಕ್ರಿಸ್ಲರ್‌ ಆಟೊಮೊಬೈಲ್ಸ್ ಕಂಪನಿ ಹೈದರಾಬಾದ್‌ನಲ್ಲಿ ಜಾಗತಿಕ ಡಿಜಿಟಲ್ ಕೇಂದ್ರ ಸ್ಥಾಪನೆಗೆ 1,103 ಕೋಟಿ ರೂ.ಹೂಡಿಕೆ ಮಾಡಲಿದೆ. ಹೊಸ ತಂತ್ರಜ್ಞಾನಗಳ ಅಭಿವೃದ್ಧಿಗೆ ಈ ಕೇಂದ್ರವನ್ನು ಬಳಸಿಕೊಳ್ಳುವುದಾಗಿ ಕಂಪನಿ ಹೇಳಿದೆ. ಉತ್ತರ ಅಮೆರಿಕದ ಹೊರಗಿನ ಅತಿ ದೊಡ್ಡ ಡಿಜಿಟಲ್ ಕೇಂದ್ರ ಇದಾಗಲಿದ್ದು, ಒಂದು ಸಾವಿರ ಉದ್ಯೋಗ ಸೃಷ್ಟಿಸಲಿದೆ. ಕಂಪನಿಯ ಜಾಗತಿಕ ತಂಡದ ಭಾಗವಾಗಿ ಹೈದರಾಬಾದ್‌ನ ಕೇಂದ್ರ ಕಾರ್ಯಾಚರಣೆ ನಡೆಸಲಿದ್ದು, ದೇಶದ ಅತ್ಯುತ್ತಮ ಡಿಜಿಟಲ್ ಪ್ರತಿಭೆಗಳನ್ನು ಆಕರ್ಷಿಸಲಿದೆ ಎಂದು ಎಫ್‌ಸಿಎ ಉತ್ತರ ಅಮೆರಿಕ ಮತ್ತು ಏಷ್ಯಾ ಪೆಸಿಫಿಕ್ ಸಿಐಒ ಮಮತಾ […]
ಮಾನವ ಅಭಿವೃದ್ಧಿ ಸೂಚ್ಯಂಕ: ಕಳಪೆ ಸಾಧನೆ
ವಿಶ್ವಸಂಸ್ಥೆಯ 2020ರ ಮಾನವ ಅಭಿವೃದ್ಧಿ ಸೂಚ್ಯಂಕದಲ್ಲಿ ದೇಶ 129 ರಿಂದ 130ನೇ ಸ್ಥಾನಕ್ಕೆ ಕುಸಿದಿದೆ. ಮಾನವ ಅಭಿವೃದ್ಧಿ ಸೂಚ್ಯಂಕದ ಗರಿಷ್ಠ ಅಂಕ ೧. ದೇಶ 0.645 ಅಂಕ ಪಡೆದಿದೆ. 2019ರಲ್ಲಿ 0.647 ಅಂಕ ಪಡೆದಿತ್ತು. ದೇಶ ಮಧ್ಯಮ ಅಭಿವೃದ್ಧಿಯ ದೇಶಗಳ ವರ್ಗದಲ್ಲಿದೆ. 2018ರಲ್ಲಿ 0.431 ಅಂಕ ಪಡೆದಿದ್ದರಿಂದ ಕಡಿಮೆ ಅಭಿವೃದ್ಧಿ ವಿಭಾಗದಲ್ಲಿ ಗುರುತಿಸಿಕೊಂಡಿತ್ತು. ವಿಶ್ವ ಸಂಸ್ಥೆಯ ಮಾನವ ಅಭಿವೃದ್ಧಿ ಕಾರ್ಯಕ್ರಮದ (ಯುಎನ್‌ಡಿಪಿ) ವರದಿಯಲ್ಲಿ ಈ ಮಾಹಿತಿ ಇದೆ. Courtesyg: Google (photo)