Industrial Economist

Digital retail transactions stabilise at higher level

The total value of digital retail transactions increased from less than Rs.500 billion in mid-2015 to Rs.750 billion by August 2016 – implying...

Downsizing spree…

“When the rate of change on the outside exceeds the rate of change inside, the end is in sight,” said Jack Welch. Tough words from...

Economic, business and social sustainability

MC’s Eisuke Shiozaki stressed that business must try to look at economic value, environmental value and societal value, all ensured through sustainability management. From time...

Applauding enterprise…

Nanayam Vikatan, focusing on business journalism in Tamil, instituted the Business Star Awards under nine categories: applauding successful entrepreneurs: start-up – Adhil Shetty (Bankbazaar); ...

Thirty more cities seek to become SMART

The banking sector has a crucial role to play in implementing the ambitious plan for developing smart cities. Providing adequate financial support for private investment...

Small finance banks offer high interest rates

Several small banks offer higher interest rates to build their resource base. It has a cost implication. Recently, the Reserve Bank of India has given...

Aadhaar, niraadhaar and banking

Aadhaar is a 12 digit number issued to all citizens in India by the Unique Identification Authority of India. UIDAI claims 93 per cent...

Payment banks have arrived

One crucial implication of payments and bank business would be the drastic decline in the footfalls at the branches. Even several ATMs may find...

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