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CNET Founder Eyes Bitcoin Wallet in India
From having founded the pioneering digital publishing platform CNET, selling it for $1.8 billion to CBS and filing for Chapter 7 bankruptcy subsequently, Halsey Minor — an American serial tech entrepreneur from the 1990s dotcom boom era — has seen it all. His next big bet is digital finance, which he describes as the "last frontier of internet", with all other consumer-facing segments having been already tapped.
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- Uncategorized
- Region
- South Asia
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Viewpoint: India’s MFI Rules Need More Thought, or Else They Can Go Wrong
The microfinance industry has witnessed many changes since the 2010 crisis. Recently, the Reserve Bank of India (RBI) eased some lending norms for microfinance institutions (MFIs), which will mean enhanced access to credit for customers. Also, the government has proposed that the Mudra Bank (Micro Units Development Refinance Agency Bank) will regulate MFIs. Alok Prasad, chief executive officer, Microfinance Institutions Network (MFIN), a self-regulatory organization for non-banking finance company (NBFC) MFIs, talks about regulatory challenges in the industry and how the future of microfinance may evolve. Edited excerpts:
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- Uncategorized
- Region
- South Asia
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- lending, microfinance
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OPINION: Financial Inclusion in India – Easier Said Than Done
Given the numerous players and rapid churn in financial inclusion technologies, regulators face a challenge
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- Uncategorized
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- South Asia
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In Nepal and Beyond, This Corporate Funder Takes on the World’s Biggest Disasters
The UPS Foundation is keenly aware of the unique assets of its parent company, and has carved out an exceptional—and indispensable role—in the realm of disaster philanthropy.
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- Impact Assessment
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- South Asia
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- philanthropy
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Price capping takes sheen off condom sales following government decision
It's the condom makers turn to seek protection as sales of the male contraceptive have plunged drastically following a government decision to dub it an essential drug and cap its price more than a year ago.
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- Health Care
- Region
- South Asia
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India Cancels Licenses of Nearly 9,000 Charities Over Foreign Funds
India has cancelled the registration of nearly 9,000 charities for failing to declare details of donations from abroad, as New Delhi tightens surveillance on foreign-funded non-governmental organisations in the country.
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- South Asia
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- philanthropy
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Acumen Increases Its Efforts to Improve India’s Private Education With New Investments
Acumen announces its new investment in Ignis Careers andStandard of Excellence in Education and Development (SEED) to improve the current state of low-cost, private education in India. India has the largest kindergarten to 10th grade system in the world with more than 1.6 million schools. More than 96 percent of children, ranging from ages 6 to 14, are enrolled in school. However, the quality of education is poor, and half of the children in Grade 5 can only read at a Grade 2 level.
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- Education
- Region
- South Asia
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- impact investing
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Without broadband, financial inclusion in India will remain a ‘pipe dream,’ says telecom regulator chairman
Advocating deeper broadband penetration to ensure success of Jan Dhan scheme, telecom regulator TRAI’s chief Rahul Khullar today said financial inclusion will otherwise remain a “pipe dream” and merely opening bank accounts will not serve the purpose.
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- Technology
- Region
- South Asia
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