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India Expects First Loan From China’s Infrastructure Bank
The bank is China’s latest thrust into international diplomacy.
- Categories
- Investing
- Region
- South Asia
- Tags
- renewable energy, solar
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Samsung Pay Joins China’s Trillion Dollar Mobile Wallet Market
With Apple already expecting China to be its biggest mobile payment market, it's no surprise that its biggest direct competitor, Samsung, also wants a slice of this piping hot pie. After a one-month public beta, today the Korean giant is officially launching its Samsung Pay service in China in partnership with UnionPay -- inevitably the same bankcard company thathelped launch Apple Pay locally. In other words, only UnionPay credit and debit cards -- up to 10 of them per device -- can be associated with local Samsung phones for the time being.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Perspective: Social Entrepreneurship by the Billions
Only a decade ago, some 400 million people in India lacked any type of formal documentation. Most were impoverished and, without even basic identification such as a birth certificate, they were marginalized and unable to alter their societal status. This condition made them, in effect, noncitizens, with no influence on or ability to participate in their country’s economic and legal systems.
- Categories
- Uncategorized
- Region
- South Asia
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Rotavirus Vaccine Developed Under Make in India Initiative
J P Nadda, Union Minister for Health and Family Welfare attended a function for the national launch of the Rotavirus vaccine as part of the Universal Immunisation Programme (UIP).
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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India’s banks take the battle to mobile wallet players
Banks are taking the battle to mobile wallet companies, armed with their readymade payment systems, wide merchant network and an on tap customer base, attempting to reclaim a turf which just a couple of years ago was their fiefdom.
- Categories
- Uncategorized
- Region
- South Asia
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Patent case in India highlights tensions between public health, protecting innovation
A recent case in India highlights some of the intersections between drug affordability, the need for patent protection on innovation, and differences between national patent law.
- Categories
- Health Care
- Region
- South Asia
- Tags
- innovation
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India’s big move into solar is already paying off
The price of solar power has plummeted in recent months to levels rivaling that of coal, positioning the renewable source as a viable mainstream option in a country where 300 million people live without electricity. Solar prices are now within 15% of coal, according to KPMG. If current trends hold, the consultancy predicts electricity from solar will actually be 10% cheaper than domestic coal by 2020.
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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AMBER Health Sets Out to Be the Uber of India’s Medical Emergency Response System
India’s emergency medical response system has long been criticized for being slow and unresponsive. While the public sector has not openly supported change within the system, the private sector is now yielding new technologies, such as AMBER Health – which has set out to change how Indians deal with emergency medical situation in an Uber-like fashion.
- Categories
- Transportation
- Region
- South Asia
- Tags
- transportation
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