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NMAMIT, NIT-K chosen as India’s first startup district
Technology, under Nitte University and NIT-K, Surathkal have been chosen as India's first startup district with incubators by Ministry of Commerce and Industry.
- Categories
- Uncategorized
- Region
- South Asia
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Study: Is India’s flagship financial inclusion initiative bearing fruit on the ground?
There is a big debate about the role of financial markets and products in shaping consumer welfare and real economic activity. In developed economies, there is an increasing discussion that financial sector may have become inefficiently large and products offered to households may have become excessively complex. In contrast, in many developing countries, like India, there has been a significant push to increase the usage of financial products – to “complete” the market. While there is some empirical literature on the former, evidence on the latter is scant.
- Categories
- Uncategorized
- Region
- South Asia
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Global drugmakers seek to join hands with startups
Global pharmaceutical companies are seeking to join hands with local startups as part of their effort to increase research and development (R&D) productivity, industry officials said Monday.
- Categories
- Health Care
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Easypaisa to part ways with Telenor Pakistan
Telenor Pakistan launched Easypaisa in 2009 with the approval of the State Bank of Pakistan. ProPakistani reported that Easypaisa, which is Telenor Pakistan’s Mobile Financial Services Division, will be transferred to Tameer Microfinance Bank. Telenor Group wholly acquired Tameer Bank last year. At that time, it was announced that Telenor Pakistan will transfer the management of Easypaisa to Tameer.
- Categories
- Technology
- Region
- North Africa & Near East
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Survey: Responsible Investing Growing in Importance Driven by Ethical Principals, Institutional Investor Demands, and Business Opportunities
Responsible investing, including the incorporation of environmental, social and governance (ESG) factors and ethical principles, is growing in importance in the alternative investment management industry, driven by ethical principles, constituent demands, and new business opportunities, according to a new survey conducted by the Chartered Alternative Investment Analyst (CAIA) Association, the global leader in alternative investment education, and Adveq, a global institutional private equity investor.
- Categories
- Impact Assessment, Investing
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India releases draft rules for mobile wallet companies
The draft mobile wallet guidelines which have been released for public consultation by the ministry of electronics and IT cover an entire spectrum such as protecting consumer information, especially financial data.
- Categories
- Technology
- Region
- South Asia
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WFP Launches First Mobile Cash Transfers For Humanitarian Assistance In Myanmar
The United Nations World Food Programme (WFP) has launched the first pilot programme using mobile cash transfers for humanitarian assistance in Myanmar. Between 27 February and 1 March, 112 conflict-affected internally displaced families in three camps in Myitkyina Township of Kachin State received a monthly electronic credit allocation of MMK 9,000 (US$ 7) per person for vulnerable households.
- Categories
- Technology
- Region
- South Asia
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World Bank issues first UN sustainable development bond
The World Bank has raised its first bond linked to the United Nations’ Sustainable Development Goals as it looks to help a global effort to end poverty, tackle climate change and promote equality.
- Region
- Europe & Eurasia
