Services will steer India’s future economy

Whether one likes it or not, services constitute the value-addition sector that the country has to build on, using its comparative advantage in infotech and related skills, suggests T N Ninan. There is much angst among policy-makers over the failure of India’s manufacturing story. The Atmanirbhar Bharat initiative is indirect […]

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Gen Z-focused fintechs live and die by social media. Here's how they're trying to out-influence each other, and traditional banks, to nab 82 million customers for life.

Gen Z is projected to be the largest US consumer base by 2026. The COVID-19 pandemic has only accelerated a trend toward digital banking. Fintechs are trying new tools and marketing to reach the younger generation. Visit the Business section of Insider for more stories. Taylor Krebs remembers her friends’ […]

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China's economy grows 2.3% in 2020

Dan Pearson, a former chairman of the US International Trade Commission, is a trade policy fellow at Americans for Prosperity. The opinions expressed in this commentary are his own. As US Trade Representative-designate, Katherine Tai finds herself in an ironic situation: The most important country she will have to push to open […]

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UK Economy Contracts Most On Record In 2020

Amid tight restrictions imposed to control the coronavirus pandemic, the UK economy contracted at a record pace in 2020, although the output grew at a faster-than-expected pace in the fourth quarter, avoiding a risk of another recession. Gross domestic product logged a decline of 9.9 percent in 2020 with all […]

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Asian Shares End Lower In Thin Holiday Trading

Asian stocks fell in thin holiday trading on Friday as U.S. President Joe Biden’s comments on China stoked worries that relations between the two nations could sour further. After a two-hour call with Chinese counterpart Xi Jinping on Wednesday, Biden warned lawmakers, “If we don’t get moving, they are going […]

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