-PTI New York: India had 175,000 millionaire households in 2013, ranking 15th in the world, according to a wealth report which said the total number of millionaire households in the world rose to 16.3 million last year. The Boston Consulting Group's 14th annual report on the global wealth-management industry ‘Riding a Wave of Growth: Global Wealth 2014' said global private financial wealth grew by 14.6% in 2013 to reach $152 trillion. The rise...
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What drives jobs?
-The Business Standard Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the companies covered are mostly market leaders in their respective sectors, this statistic is very...
More »Road injuries, depression top adolescent health challenges - UN agency
-The United Nations Road traffic injuries, HIV/AIDS and suicide are the top killers of adolescents globally, while depression is the predominant cause of illness and disability, the United Nations reported today, urging a stronger focus on the health of boys and girls in their pre- and teen years. "We hope this report will focus high-level attention on the health needs of 10 to 19-year-olds and serve as a springboard for accelerated action...
More »The case against privatisation of education-Pulapre Balakrishnan
-The Hindu The state must remain in higher education as the private sector is yet to demonstrate its capacity to create knowledge on a sufficient scale The impending inauguration of a new government finds interested parties bringing into the public arena matters of importance to them. One of the issues that has been raised recently is whether higher education in India should be privatised. This question merits serious attention. And though interest...
More »Internet well on way to 3 billion users, UN telecom agency reports
-The United Nations Releasing new statistics today, the United Nations International Telecommunications Union (ITU) announced that by end 2014, there will be nearly three billion Internet users - two-thirds of them from the developing world - with mobile-broadband penetration approaching 32 per cent. "The newly released ICT [information and communications technology] figures confirm once again that information and communication technologies continue to be the key Drivers of the information society," said Hamadoun...
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