The sector has been in India since early 2000’s but it picked up pace post 2005 on the success of micro finance firms. Since then, impact investment has moved on to include other sectors across education, healthcare, and agriculture
Monthly Archives: July 2020
PM Oli courts controversy; claims “real” Ayodhya is in Nepal, Lord Ram is Nepali
Speaking at an event on the birth anniversary of Nepalese poet Bhanubhakta at the Prime Minister’s residence in Kathmandu, Oli said that Nepal “has become a victim of cultural encroachment and its history has been manipulated.”
Google sets up $10 billion India digitisation fund
The development comes after a virtual meeting between Prime Minister Narendra Modi and Alphabet chief Sundar Pichai earlier in the day
HDFC Bank share price slips 3% on report of improper lending in vehicle finance unit
Share price of HDFC Bank fell 3.09% to Rs 1,071.2 compared to the previous close of Rs 1,105 on BSE
Coronavirus fallout: India’s GDP to shrink 7.5% if vaccine is delayed: Bank of America
“India’s real GDP will likely contract by 7.5 per cent if the global economy has to wait for a vaccine discovery for a year,” the BofA analysts said, calling this as the “bear case”
PM Modi holds e-meet with Google CEO Sundar Pichai; discusses coronavirus, new work culture
Prime Minister Narendra Modi and Google CEO Sundar Pichai also discussed about the importance of data security and cyber safety
YES Bank share price drops 16% on reports of SEBI probe post FPO announcement
YES Bank share price opened with a loss of 15.29% and later fell 16.86% to an intraday low of Rs 21.2 against the previous close of Rs 25.50 on BSE
Russian coronavirus vaccine: Moscow’s medical university claims clinical trials complete
The Sechenov First Moscow State Medical University said that clinical trial began on June 18. The university added that it conducted human trials on a group of 38 volunteers in two batches
Coronavirus fallout: Air travel demand to tumble by 49% for Indian airlines in 2020, says IATA
In a statement, the International Air Transport Association (IATA) said the Indian carriers’ revenues will decrease by USD 11.61 billion this year in comparison to last year due to the pandemic
Mike Pompeo, S Jaishankar, Nirmala Sitharaman to address virtual India Ideas Summit
The two-day virtual India Ideas Summit of the powerful US India Business Council (USIBC) would be held on July 21 and 22