-The Hindu Business Line Iceland tops Mercer study on retirement income systems Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems. The primary objective of this annual survey by the global management...
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P Sainath awarded 2021 Fukuoka Prize
-The Hindu Selected for the Grand Prize for promoting civil cooperation through his writing Noted journalist P. Sainath has been selected as one of the three recipients of the Fukuoka Prize for 2021. Mr. Sainath will receive the ‘Grand Prize’ of the Fukuoka Prize while the Academic Prize and the Prize for Arts and Culture will go to Prof. Kishimoto Mio of Japan and filmmaker Prabda Yoon of Thailand respectively. In a statement...
More »Study lists global hotspots for new coronavirus strains -Chetana Belagere
-The New Indian Express Lists Kerala and north-east states as vulnerable spots for outbreak BENGALURU: A recent study has revealed that the global ‘hotspots’ where the new deadly coronaviruses may emerge, driven by global changes in land use by humans. While China tops the list, the study mentions India’s Kerala and North-East states as vulnerable hotspots. The study ‘Land-use change and the livestock revolution increase the risk of zoonotic coronavirus transmission from...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »USD 271 bn consumer spending to shift from cash to cards,digital payments by 2023 in India:Accenture
-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
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