988 Mn Indians Do Not Have Life Insurance. Those Who Do, Are Insured For 7.8% Of What’s Needed To Cover Financial Shock

Chennai: At least 988 million Indians--more than the population of Europe and 75% of all Indians--are not covered by any form of life insurance, and an Indian is assured of only 8% of what may be requ...

As India Becomes Wealthier, More Indians Leave Its Shores

Mumbai: As India has become wealthier, more of its citizens are leaving its shores. An estimated 17 million Indians were living abroad in 2017, making India the largest source country for internat...

How A Poor Women’s Collective Is Helping Rebuild Flood-Wrecked Kerala

Thiruvananthapuram, Pathanamthitta, Alappuzha and Ernakulam (Kerala): Grey dust had settled into the narrow alleyway leading to the home of 70-year-old retiree George Thomas and his wife Mariamma in ...

GDP Grew 6.8% Annually In 5 Years To 2015, Jobs 0.6%: New Report Contradicts PM’s Advisers

New Delhi: India lost 7 million jobs over three years to 2015 and “absolute decline” has continued past 2015, according to a report published on September 25, 2018. The young and those with hig... ...

Rural Households Have Just Enough Monthly Surplus To Buy A Ceiling Fan

Mumbai: Rs 1,413: That’s the average monthly surplus available to a rural Indian home, whether a farm or non-farm household--enough to buy a ceiling fan, but this money must be used to repay loans a...

Record Foreign Direct Investment Into India Not Boosting Manufacturing

Mumbai: Despite policy changes, there has been “no drastic change in the broad character” of foreign direct investment (FDI) into India during the administration of the current National Democratic...

India’s Leather Exports Decline, As Cow-Related Violence Increases

New Delhi: Exports of India’s leather industry declined more than 3% in financial year 2016-17 and 1.30% in the first quarter of 2017-18, according to the latest available figures, compared to a gro...

India’s Rural Have-Nots: Unconnected, Without Drinking Water, Low Reading Ability

Mumbai: Up to 23 million households (in over 292,000 villages) without electricity; 7% (43,000) villages without mobile services; 17% rural habitations without clean drinking water; 25% of 14- to 18-y...

India Can Double Its Per Capita GDP In 30 Years By Turning More Secular: Study

If India discards religious beliefs that perpetuate caste and gender inequalities, it could more than double its per capita gross domestic product (GDP) growth of the last 60 years in half the time, a...

Why Bengaluru’s Bus System Is India’s Best And Loses Least Money

Mumbai: Bengaluru is India’s third most-populous city, but its bus system is not only India’s largest with 6,448 buses (in 2015-16), it also lost the least money (Rs 101 crore) over six years to 2...