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Islamic Banking has No Relevance in India: Union Finance Ministry
The Union Finance Ministry said Friday that Islamic banking was not relevant any more in achieving the objectives of financial inclusion as the government has already introduced programmes like Jan Dhan Yojana and Suraksha Bima Yojna for all citizens towards that end.
- Categories
- Uncategorized
- Region
- South Asia
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Can Only Love for Our Postman Ensure Success for India Post Payments Bank?
People have been waiting eagerly for the launch of the India Post Payments Bank or IPPB, the largest among the eight that are likely to start operations over the next few months. Eleven entities received the Reserve Bank of India’s (RBI’s) in-principle approval for floating payments banks but three of them have left the field.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Vodafone launches M-Pesa Pay feature to enable merchants in India to receive mobile money payments
With an eye on the spurt in cashless transactions which will come about after the Government's demonetisation move, second largest telco Vodafone today launched a special feature on its mobile wallet to enable merchants for receive payments.
- Categories
- Technology
- Region
- South Asia
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Study: Mobile money drives financial inclusion
Financial inclusion expanded 8 percentage points year-on-year in 2015, driven by growth in mobile money, according to a recent study. About 43 percent of Bangladeshis are financially included, says the study conducted by Washington-based research company InterMedia with funding from the Bill and Melinda Gates Foundation based on statistics of 2015.
- Categories
- Technology
- Region
- South Asia
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How an Indian Comic Book Is Teaching Girls About Their Periods
When Aditi Gupta got her first period, aged 12, everyone told her to keep it a secret. Even her closest family members in her native India couldn’t know. She was forbidden from worshipping at her temple while she was menstruating, and instead of sanitary products used rags that caused her to have rashes.
- Categories
- Education, Health Care
- Region
- South Asia
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Online Micro Credit on the Rise in India
Paving the way for migration of a large section of the population dependent on unofficial credit transactions into the formal sphere, the demonetisation move by the central government has boosted the prospects of online credit platforms.
- Categories
- Technology
- Region
- South Asia
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Indian Drug Companies Bet on Global M&As in Growth Pursuit
New Delhi, Dec 12: Indian drug companies will continue scouting for acquiring overseas assets over the next two years to enhance their presence in developed and emerging markets, according to Moody's Investors Service.
- Categories
- Health Care
- Region
- South Asia
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This Handheld Breast Scan Is Revolutionizing How Indians Detect Cancer
For 18-year-old Farheen Jahan, life took an ugly turn when she discovered a stiff growth in her breast. However, initial blood reports failed to detect anything serious. Later, in a health camp clinic set up in her locality in rural India she got herself scanned again with something called iBreastExam – a diagnostic tool designed to perform painless and radiation free breast scans, providing results instantly at the point of care.
- Categories
- Health Care, Technology
- Region
- South Asia
- Tags
- public health
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