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India Turns to Corner Shops, Mobile Phones for Banking Revolution
India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches.
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- Technology
- Region
- South Asia
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Eco-Entrepreneurs Promise Women A Safe Period: Suchismita Pai
Period. While the English dictionary gives several meanings for this rather ordinary word, millions of women around the world associate it with discomfort, pain and embarrassing memories. For hundreds of thousands of girls across India, menstruation means five days of solitary confinement; it’s the one reason behind many being forced to drop out of school and also being subjected to discriminatory social practices. Caught between superstition, ignorance and poverty they end up using anything from straw, ash and tree bark to even cow dung and dirty rags to absorb the flow. Consequently, stories about disease and death are legion.
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- Health Care
- Region
- South Asia
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Barack Obama Commends India’s Financial Inclusion Drive, Calls for Greater Voice for the Country in IMF
US President Barack Obama Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
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- Uncategorized
- Region
- South Asia
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Choosing an Investment Model for India’s Medical Devices Industry
This year, India’s medical devices industry will be opened up to 100 percent foreign direct investment (FDI). The move had been in the works for some time – India’s union cabinet met last year to discuss the reform, while the industry’s regulatory framework has been tweaked several times since it was first introduced in 2005.
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- Health Care
- Region
- South Asia
- Tags
- impact investing
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GAVI Selects India’s HMD As Partner for Global Health Project
GAVI, a public-private global health partnership committed to increasing access to immunisation, has chosen Hindustan Syringes and Medical Devices Ltd (HMD) as one of its knowledge and strategic partners to promote injection safety around the world.
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- Health Care
- Region
- South Asia
- Tags
- vaccines
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Bengaluru Start-Up Wins Tata Social Enterprise Challenge
A low-cost medical device invented by a city-based start-up has emerged the winner of the Tata Social Enterprise Challenge 2014-15, an initiative of the Tata group and Indian Institute of Management, Calcutta.
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- Health Care
- Region
- South Asia
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World Bank to Commit $1 Billion to “Clean India” Program
World Bank today said it will commit USD 1 billion in the government's Swachh Bharat (Clean India) campaign. World Bank's country director in India Onno Ruhl said the World Bank is considering considerable large sums of financing for that.
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- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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ICICI, India’s Largest Private Sector Bank, Launches Banking Service on Twitter
ICICI Bank, India’s largest private sector bank, on Monday announced the launch of banking services on Twitter, the first of its kind service, in India.
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- Uncategorized
- Region
- South Asia
