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Reserve Bank of India to Hike Limits for Priority Sector Lending, Allow Inter-Bank Bond Investments
Indian banking regulator has proposed to hike the eligibility criteria to classify a loan as priority sector lending (PSL) which is expected to particularly boost microfinance institutions (MFIs) in the country.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Here Are Nine Ways to Deal With Delhi’s Air Pollution—But You May Not Be Able to Afford Any of Them
Delhi’s air pollution hit new highs last winter, giving the city, at least briefly, the worst air quality readings of any place on earth.
- Categories
- Environment, Health Care
- Region
- South Asia
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10 Impact Investors in India That You Should Know
Out of the total 1.3 billion population in India, around 80 per cent are living in poverty. There are some companies in India — both in the tech and no-tech segments — helping this large segment to address various problems related to irrigation, lending, travel, education, etc., by providing cost-effective solutions. These impact ventures are getting financial assistance in the form of grants or funds from various investment firms, called Impact investors.
- Categories
- Uncategorized
- Region
- South Asia
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Report: Over 700 Million in Asia Already Bank Digitally
According to a new report from McKinsey & Company, smartphones and high speed Internet access are transforming banking habits in Asia where over 700 million people already regularly conduct transactions online.
- Categories
- Technology
- Region
- South Asia
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Chinese Pharma: A Global Health Game Changer?
The twenty-first century shift in geoeconomic power toward Asia has also spurred a rebalancing in global pharmaceutical research and development (R&D) investment toward emerging economies. China is currently the world’s second-highest investor in R&D and is poised to overtake the United States in R&D spending by 2023. Determined to become a world leader in the pharmaceutical sector, China spent $1.17 billion on promoting life and medical sciences in 2012—nearly ten times its 2004 level of investment. With U.S. funding for medical research on the decline, the surge in Chinese funding has prompted many policymakers to ask if the country's pharmaceutical industry could be the next game changer for global public health and access to medicine (ATM).
- Categories
- Education, Health Care
- Region
- South Asia
- Tags
- research
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Indian Prime Minister Modi Asks Reserve Bank to Prepare 20-Year Financial Inclusion Roadmap
Prime Minister Narendra Modi on Thursday asked the Reserve Bank of India to prepare a 20-year roadmap for deepening financial inclusion in the country.
- Categories
- Uncategorized
- Region
- South Asia
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Crucial Vaccines Out of Reach for Many in Rural India
The Union health ministry's ambitious Mission Indradhanush to immunise children against various diseases faces a major challenge as the Hib vaccine to safeguard the little ones from deadly infections like meningitis, pneumonia and severe throat conditions remains out of the reach in vast areas of the country.
- Categories
- Health Care
- Region
- South Asia
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Wheel of Fortune
The entrepreneur hopes to empower the differently-abled by manufacturing vehicles that offer mobility, quality at a reduced cost and even aid in employment.
- Categories
- Technology
- Region
- South Asia
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