-
Prince Charles launches education impact bond for India
Britain's Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India.
The DIB, the largest bond of its type in South Asia, is the latest fundraising initiative by the British Asian Trust (BAT), set up by the royal 10 years ago to fight poverty in South Asia.- Categories
- Education
- Region
- South Asia
-
Global green bonds set to hit record levels; India to lead emerging markets
“Developed market banks and corporates will remain active issuers, with emerging market issuers, sovereigns and municipals, and green secularisations providing important engines of growth,” it added. Further, the report observed that China and India “will be the leaders among emerging markets”.
- Region
- South Asia
-
Insane drug cocktails in India net drug makers millions and pose global threat
Drug companies—some international and even US-based—are selling millions of dubious and unapproved cocktails of antibiotics in India, all of which could spur the development of drug-resistant bacteria and imperil patients. The finding, published Monday in the British Journal of Clinical Pharmacology by UK health experts, suggests that the country poses a risk to global health and undermines efforts to control drug resistance.
- Categories
- Health Care
- Region
- South Asia
-
Walmart is considering an investment in Flipkart to better compete in India
The two have reportedly negotiated on and off over the last two years, which led Reuters to report on talks between them in September 2016. A stake as big as 20% could be quite expensive for Walmart, which may be an obstacle in coming to an agreement this time around, according to Reuters’ sources.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups
-
Here is a look at the legality or illegality of uses of cryptocurrencies in India
The statement of the Finance Minister Arun Jaitley in the Budget speech on cryptocurrencies created quite a disruption, with many speculating that the statement implied that cryptocurrencies were banned in India.
- Categories
- Technology
- Region
- South Asia
- Tags
- regulations
-
India’s Payment Banks: A Reality Check
The idea of financial inclusion, particularly in developing markets, has always met with challenges pertaining to accessibility and affordability. The RBI and the Government have tackled these challenges in numerous ways and have made substantial progress, but problems remain in reaching out to those who are most vulnerable, namely, the illiterate, low-income and rural population.
- Region
- South Asia
-
Social enterprise Pollinate Energy has provided 20,000 urban poor families with affordable, green energy
In 2012, six young Australians — Jamie Chivers, Monique Alfris, Ben Merven, Katerina Kimmorley, Emma Colenbrander, and Alexie Seller — came together to see if they could find a way for children living in a slum in North Bengaluru, to have light to study.
- Categories
- Energy
- Region
- South Asia
-
Digital transactions on the rise in India – but fall drastically short of 25-billion target
Only about 14.8 billion digital transactions were undertaken across India from April 1 to January 28, show data sourced from the ministry of electronics and IT (MeitY). This includes bank-to-bank electronic money transfers, digital wallet payments, Aadhaar-based and electronic toll payments.
- Categories
- Finance
- Region
- South Asia
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.