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Unified data highway can unlock USD 3-4 trillion annually for emerging nat
Updated : 1 year, 5 months ago IST
The report notes that unified data highways (UDH), the next frontier of digital public infrastructure will unlock an economic value of USD 3-4 trillion per annum for emerging nations by 2030.
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SatSure Joins Hands with JICA DXLab and BCG on a Proof-of-Concept to Devel
Updated : 1 year, 5 months ago IST
Bengaluru (Karnataka) [India], September 25: SatSure Analytics India Pvt Ltd, one of the leading Earth Observation (EO) data refinery platforms, today announced that it will be collaborating with the Rajasthan Forest Department (RFD), Japan International Cooperation Agency (JICA) DXLab and B
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India ranks among top 3 countries in carbon emissions reporting and reduct
Updated : 1 year, 5 months ago IST
India has secured a place in the top three countries in carbon emission reporting. Twelve per cent of Indian companies are reporting emissions as compared to the global average of 9 per cent says the Boston Consulting Group (BCG) in its latest report.
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India's Financial Services need to grow 20X to achieve $30 trn GDP by 2047
Updated : 1 year, 6 months ago IST
Despite the robust current state of India's banking system--characterized by high profitability, strong capital adequacy, and low non-performing assets (NPAs)--the sector faces challenges and opportunities to sustain its growth and support national economic ambitions.
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Minicorns, Unicorns tripled in USD100 bn Indian fintech ecosystem: BCG-Z47
Updated : 1 year, 6 months ago IST
The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivotal stage of evolution, with the potential to create two to three times its current value over the next decade, as per a report by BCG and Z47.
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India outpaces global level fintech growth in 2023; poised to reach USD 19
Updated : 1 year, 6 months ago IST
Boston Consulting Group (BCG) has prepared a flagship report titled 'Building Bridges for the Next Decade of Finance', where it noted that revenues in the Indian fintech sector are projected to reach USD 190 billion by 2030, contributing to over 20 per cent of all banking revenues.
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Indian Insurers must modernize core platforms to meet competition and evol
Updated : 1 year, 6 months ago IST
It identifies the legacy core systems as bottlenecks in insurers' efforts to innovate and deliver new products and experiences in a rapidly changing digital landscape. BCG's report highlights the unique opportunity for business and technology teams within insurance companies to collaborate a
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IDeCK identifies seven locations for proposed second airport in Karnataka
Updated : 1 year, 7 months ago IST
The Infrastructure Development Corporation (Karnataka) Limited (IDeCK) has identified seven locations for the proposed second airport in Bengaluru, according to State Minister for Infrastructure, MB Patil.
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UPI transactions grew by 57 pc YoY, with PhonePe and GPay holding market s
Updated : 1 year, 7 months ago IST
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
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India's ultra-wealthy poised to triple philanthropic contributions to Rs 7
Updated : 1 year, 7 months ago IST
The study found that 90 per cent of the surveyed UHNIs are eager to amplify their philanthropic efforts. If UHNIs allocate just 5 per cent of their incremental wealth, their annual contributions could surge to Rs 75,000+ crore--an over three-fold increase compared to current levels.
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India and China to drive new wealth creation globally, Asia to contribute
Updated : 1 year, 8 months ago IST
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD 730 billion annually to
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"Indians are more confident about AI at work", says BCG report
Updated : 1 year, 8 months ago IST
A study by BCG has revealed a striking level of confidence among Indian workers in the application of artificial intelligence (AI) and generative AI (GenAI) in the workplace.
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