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India Is the Asia-pacific’s Second-largest Insurtech Market

India Is the Asia-pacific’s Second-largest Insurtech Market

As of FY18, India is the world’s 11th largest insurance market. However, it has low penetration and density. According to the FY21 Economic Survey report, the country’s insurance penetration increased from 3.30 percent in FY15 to 3.76 percent in FY20, but it remained considerably behind the global average of 7.23 percent. In FY21, India’s total gross premiums underwritten totaled US$100 billion. India presents a massive market opportunity for life and non-life insurance companies, with a population of 1.3 billion people,…

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After Surviving the Pandemic, India’s Renewable Energy Sector Faces a Cash Crunch: Why, How, and What Comes Next

After Surviving the Pandemic, India’s Renewable Energy Sector Faces a Cash Crunch: Why, How, and What Comes Next

Post colonization, India tried everything possible to get rid of westernization and dependency on them. Instead, the country’s main focus shifted to the preservation of the environment and the growth and development of its citizens. It has started implementing climate-friendly initiatives such as integrating sustainability into all aspects of life, reducing emissions by boosting renewables and green energy sources, and increasing carbon sinks, among other things. However, a few studies on various parts of climate action have revealed flaws in…

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Post-pandemic Trend to Reshape Future of Retail Industry

Post-pandemic Trend to Reshape Future of Retail Industry

When the pandemic hit our country, almost all industries shift to the digital era. But the Indian retail industry has drastically seen a change during these times. The epidemic shifted consumer perceptions about internet shopping and digital payments, resulting in a preference for both. Furthermore, with the world’s attention moving toward health and safety, it’s no surprise that the events of 2020 have influenced how people buy today. To keep up with changing consumer expectations, this accelerated already-growing trends and…

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Future of FDI in India

Future of FDI in India

Foreign Direct Investment or FDI is when some organization invests in some other country. FDI is one of the important ways for developing countries to enhance their economy and give that a push. FDI in India is one of the essential factors of growing economic globalization. Foreign direct investment (FDI) is a primary source of non-debt financial resources for India’s economic development, in addition to being a demanding driver of economic growth. Foreign companies invest in India to take advantage…

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A Walk Into Memory Lane of FDI in India 

A Walk Into Memory Lane of FDI in India 

Foreign Direct Investment (FDI) majorly consists of long-term investments by an organization that is not a part of the recipient country. Because it promises to bring financial resources and technology, FDI is a pathway to advancement and development. The opposing viewpoint is that FDI is a tool used by wealthy countries to exert control over resources in underdeveloped economies. Foreign direct equity inflows are essential drivers of economic growth, and they are picked over other forms of external finance. Moreover,…

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