23 Feb 2023 India’s overall insurance penetration stood at 4.2 per cent in FY21, with life at 3.2 per cent and non-life at 1.0 per cent against a global average penetration of 7.4 per cent, with life at 3.3 per cent and non-life at 4.1 per cent. In terms of insurance…
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The Value-Addition of Diversity and Inclusivity
22 Feb 2023 A diverse workplace is an important asset since it acknowledges the individual strengths of each employee and thepotential they bring. Valuing the differences of others is what ultimately brings us all together and can be the secret to a successful, thriving workplace and a fair work culture. Diversity brings varied perspectives to a work environment.…
Digital Trust: A Driving Factor in Customer Decisions
21 Feb 2023 Digital trust refers to the confidence and reliance that individuals and organizations have in the security, privacy, reliability, and authenticity of digital technologies and services. It is the level of confidence that people have in the integrity of digital transactions, data, and communication. Digital trust is essential…
The Rise of Industry 4.0 and Key Technologies for Industry
16 Feb 2023 Technology has leapfrogged to the extent that would have been unimaginable just over a decade ago. Both, in our day-to-day lives and from the business standpoint, rapid technological advancements and the accelerated digital adoption have triggered a tsunami of changes across industry verticals. As technology continues to…
Measuring India’s AatmaNirbharta
15 Feb 2023 AatmaNirbharta (Self-reliance) suggests building a strong domestic economy, where the country will generate enough surpluses to quinch the global demand for goods and services. The Hon’ble Prime Minister of India in his Independence Day Speech in 2022 set the vision for India to become a developed nation by 2047. An exercise…
Blue Economy to Foster an Ocean of Opportunities for India
14 Feb 2023 Blue Economy as a concept envisages promoting economic growth, social inclusion and the preservation or improvement of livelihoods while ensuring environmental sustainability of the oceans and coastal areas. This is very significant for India because of its own geography: India’s 9 out of 29 states and 1382…
Enhancing Industrial Efficiency: The Power of Lean Practices
14 Sep 2023 In the competitive business landscape of today, organizations across various industries are constantly seeking ways to enhance efficiency, reduce waste, and maximize productivity. One methodology that has gained widespread recognition and adoption in various industries is Lean practices. These principles form a philosophy aimed at eliminating waste and optimizing processes,…
The Technology Dimension of Trade
13 Feb 2023 In January this year, the government of UAE and the World Economic Forum (WEF) announced a unique partnership in Davos. In view of the rapidly changing global economic landscape, WEF will support UAE’s Trade Tech Initiative to accelerate the use of emerging technologies in world trade. UAE…
Rethinking Corporate Governance
11 Feb 2023 Corporate governance and its overall effective implementation have always been a challenge for India. India has witnessed several businesses reduced to rubble either due to lack of foundational strength or on account of poor management of internal affairs. Having seen very turbulent times in the past few…
Indian Carbon Credit Market
09 Feb 2023 The challenges of climate change has prompted world’s economies to recognise the importance of limiting carbon emissions and managing them in such a way that ecologically friendly ways result in a balancing of overall emissions and the globe moves towards a net zero of carbon emissions. The…