The retail broking industry's top line could more than double over the next five years, according to the estimates of consultancy firm Bain & Company. The industry, which facilitates stock market trading for investors, has already witnessed its revenues double from Rs 14,000 crore during 2018-19 (FY19) to Rs 27,000 crore in 2022-23 (FY23), reflecting an annualised growth rate of 17 per cent. "This growth has been fuelled by the emergence of India's mass-affluent and affluent segments, coupled with increasing financial literacy.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Microsoft CEO holds all-hands-meet with India employees, reiterates thrust on 'mobile-first, cloud-first' strategy
Leaders of the powerful G7 grouping and its five partner countries, including India, have said that they are committed to open public debate and the free flow of information online and offline while guarding the freedom, independence and diversity of civil society actors.
'As it happens in any society, when progress happens, hate also comes out.' 'There is always a bit of a risk and possibility of rejection, particularly by an orthodox section of society.'
Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.
The Budget allocated an increase in allocation for MGNREGS, LPG expansion, electrification & smart panchayats.
She is changing India one village at a time.
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'
Budget for women and children welfare increased from Rs 1,56,528 crores to Rs 1,84,632 crores for 2017-18
The announcement in Lucknow marked the first regional chapter of Google's initiative to bring digital literacy amongst Indian women in presence of 'Gulabi Gang' leader Sampat Pal.
These initiatives are expected to increase Gross Enrolment Ratio in higher education from 24.5 (2015-16) to 30 (2020).
Founder and CEO of Facebook Mark Zuckerberg called on the Prime Minister Narendra Modi on Friday.
Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.
After a short-term blip, mutual funds (MFs) are back to adding new systematic investment plan (SIP) investors at a record high pace, which was seen during the financial year 2021-22 (FY22). During the first six months (H1) of this financial year (FY24), MFs have added a net 77 million SIP accounts compared to 56 million during the same period of FY23. The net additions this year are a tad higher than the 76.5 million additions in H1 of FY22.
The writing has been on the wall for some time and it showed up prominently during the festival-season sales last year, when Meesho toppled Amazon to become the second-largest player in order share. During the sales season, 60 per cent of the orders Meesho received were from tier-4 cities and beyond. According to a report by consulting firm Redseer, festival-season sales last year were driven primarily by tier-2 and tier-3 cities, with 64 per cent of the shoppers coming from those.
"I congratulate the people of Kochi on the proud moment," the PM said.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
In its response to the IT Ministry's missive, WhatsApp has said false news, misinformation and spread of hoaxes are issues that need to be dealt with collectively, by government, civil society and technology companies working together.
Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.
Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.
Govt announces slew of schemes for rural India
An individual must have tolerance for ambiguity and will have to learn to adapt to changing scenarios, suggests Career Coach Dr Shruthi J Mayur.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
'Online teaching requires a new set of skills to be acquired by the teacher.' 'These skills are not like foot sizes or height which can't be improved, but are like muscles which can be developed with some practice.'
In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.
Hiring managers are looking for professionals with a combination of technical and soft skills that will ensure the timely delivery of projects, explains Narayan Mahadevan, founder, BridgeLabz.
'If Facebook were a country, it would be the third most populous one and the most connected.'
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
The winners for the year 2019 are from fields as diverse as agriculture, sports, handicrafts, afforestation and wildlife conservation, armed forces and education.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise, Pegasystems, PwC, Salesforce and SAP, aims to bring competitive training content together on one platform to serve the greater good.
Amid the spirited debate, the Third Committee of the United Nations General Assembly approved a draft resolution on combating the glorification of Nazism by a recorded vote of 105 in favour to 52 against, with 15 abstentions.
More than ever before, women voters can make or mar a political party's electoral fortunes.
Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.
'It is feared that AI can predict the outcome of a case once it is launched.' 'It knows the law, precedents and judicial thinking better.' 'If AI becomes too common, clients will start using the software to measure the chance of success of their cases,' says M J Antony.
The aim was to skill 1 crore by 2020.
