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Time for India to be innovator nation in bio-pharmaceuticals: Expert
India has a "strong potential" to become a hub for biopharmaceutical innovation and the time has come for it to emerge as an innovator nation in this sector, a top industry leader has said. Observing India's potential, Michael Rosenblatt, executive vice president of Merck & Co, one of the world's largest pharmaceutical companies, said yesterday that India can play a "leading role" in collaborative research in biopharmaceutics.
- Categories
- Health Care
- Region
- South Asia
- Tags
- innovation
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Cashless in India: 50 days’ journey of a fintech professional
Are you sure you want to do this? Richa, my wife asked as I shared my idea to undertake an experiment in which I will stop using cash and instead use only digital forms of payment. Colleagues said going cashless in India is difficult and that I wouldn’t be able to manage more than a week. All this and the fundamental question “As a believer in digitization of cash, am I just propagating the theory or do I really understand the consumer side of story?” With this started the quest to understand “Cashlessness” first hand.
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- Technology
- Region
- South Asia
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Entrepreneur building up Cambodia with ‘Lego-like’ bricks
A Cambodian social entrepreneur has won plaudits for his "My Dream Home" project, which aims to provide affordable and environmentally-friendly housing solutions to the country's poor.
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- Uncategorized
- Region
- South Asia
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Peer-to-peer lending segment needs regulation, says Reserve Bank of India deputy governor
Gandhi says RBI believes P2P lending is an important innovation in the financial services space as it furthers the agenda of financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance, regulations
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India’s Practo Plans to Take Digital Health-Care Success Abroad
Practo Technologies Private Ltd.’s audacious goal of bringing order to India’s chaotic health-care system is starting to bear fruit, helping to transform it into the country’s biggest online medical network. Now the startup is planning to go global.
- Categories
- Health Care, Technology
- Region
- South Asia
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An Economist Who Helps Women Help Themselves
The Life of Science – Cells, electrons or chemical bonds are not on her mind. Hemlata Manglani is a different kind of scientist – she observes the deposits in bank accounts of women in India.
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- Uncategorized
- Region
- South Asia
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India’s New Patent Policy Spurs Debate Over Implications for Pharma
Amid an ongoing rift with the US government, India last week issued a new policy about intellectual property, but opinions are divided over whether the move will appease the pharmaceutical industry, which has been pushing the Indian government to strengthen patent protection.
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- Health Care
- Region
- South Asia
- Tags
- public health
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Viewpoint: Unified Payment Interface Will Be the Next Big Thing in Mobile Banking in India
Mobile payments just got a leg-up, thanks to the Unified Payment Interface (UPI), probably the only app of its kind in the world. Virtual wallet services have been around for a while now. UPI goes a step further and allows you to make payments by simply entering the payee's virtual ID on your smartphone and feeding the PIN the app requests. The money is debited directly from your account and transferred to the payee in a matter of minutes, without you having to provide either your bank details or the payee's bank IFSC code. In a few simple steps you can make transactions worth up to a lakh. The app on your phone need not be of the bank you hold your account in, but of any bank whose user experience you prefer. The same goes for the payee. But the transactions still take place between the underlying banks, without you even knowing about it. No need to worry about your credit card details being compromised.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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