-Livemint.com In the Apr-Sep period, health insurance leaped ahead of motor insurance to lead the non-life insurance segment in India for the first time. For a business that thrives on medical uncertainty, the covid-19 pandemic has provided a shot in the arm for the health insurance industry in India. The prospect of hospitalisation due to covid-19, and high medical costs in private hospitals have driven more Indians to sign up for private...
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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »Festive season opens up gig economy jobs, brings respite to the jobless -Arnab Mitra
-The Indian Express As per a report by Betterplace, around 14 lakh jobs will be created in 2020 for blue-collar workers, adding that 80 per cent of the overall demand comes from the gig economy New Delhi: After facing a lay-off in May, Bengaluru-based software engineer Ridhhi Sharma was unemployed for six months. He tried searching for a new position but could not find a suitable one. However, the festive season turned...
More »Tech Platforms Feel the Heat -CP Chandrasekhar
-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...
More »Do recent indicators hint at a real economic revival? -Vikas Dhoot
-The Hindu After India’s economy collapsed in the first quarter of 2020-21 following the nationwide lockdown imposed to curb the COVID-19 pandemic, some economic indicators from September and October, from power consumption to GST collections, suggest that things are improving. But is this a sustainable recovery under way, or just an expression of pent-up demand combined with India’s festive-season spending? In a conversation moderated by Vikas Dhoot, Naushad Forbes and M....
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