Govt to revamp official data for clearer picture of economy
The focus is to capture economic activity more accurately, particularly in the unorganised sector, and move to updated bases using the latest technology. The initiative came after a series of meetings by NITI Aayog, ministry of statistics and other government agencies revealed major gaps that need fixing immediately to improve the quality of official statistics.
Yuan, Aussie gains as China data offers hope
The local dollar and its New Zealand counterpart rose 0.2 per cent against the dollar.
Inside the new business that could soon rewrite rules of the data game
Conglomerates such as the Hiranandani group and the Adanis are placing big bets in data outsourcing facilities.
India tops power generation tenders globally in Q4 2019
Among the technologies, solar accounted for 216 tenders with a 73.7% share, followed by thermal with 33 tenders and an 11.3% share and hydro with 20 tenders and a 6.8% share.
Green energy boomed in Britain over last three years: Survey data
The expansion was achieved against the backdrop of Britain's long-standing vow to become carbon neutral by 2050, when it hopes to achieve net zero for UK greenhouse gas emissions.
Asian shares firm as China data show signs of easing economic strains
MSCI's global share index touched record highs and was last up 0.05 per cent.
Banks loan growth at 7.5% in fortnight to Jan 2: RBI data
In the previous fortnight ended December 20, credit had grown by 7.10 per cent to Rs 99.47 lakh crore and deposits had increased by 10.09 per cent to Rs 130.08 lakh crore. On a year-on-year basis, banks' credit growth slowed to 7.2 per cent to Rs 86.73 lakh crore in November 2019 from 13.8 per cent to Rs 80.93 lakh crore in the year-ago period.
RBI asks UCBs to report large accounts data almost with immediate effect
The detailed guideline stipulate that the reporting frequency of the CRILC (Central Repository on Information on large Credits)– UCBs return is quarterly to start with.
Australia, NZ hit fresh closing peaks on positive global data, trade deal
The S&P/ASX 200 index rose 0.3 per cent to close at 7,064.10.
Gold firm but on track for biggest weekly fall in 2 months
US gold futures rose 0.3 per cent to $1,555.40.
Geospatial data will emerge as a key differentiator for businesses: CSS Corp's Manish Tandon
Geospatial technologies can use the power of IoT and analytics to provide real-time insights to manage basic amenities such as power and streamlining postal operations. This form of data combined with market intelligence, demographics, and operational data can be used for building marketing networks, creating telecom infrastructure, or scheduling healthcare visits in smart cities.
Currencies mark time before trade deal; UK data eyed
the British pound was broadly steady at $1.3014
Govt taps cos for suggestions to draw data storage funding
In a meeting with around 20 companies and industry associations, the Department for Promotion of Industry and Internal Trade (DPIIT) also asked Amazon, Microsoft and Wipro to compile challenges and possible solutions for data storage, and come back to the department in two weeks.
'Justice Clock' to be set up at Calcutta High Court
The electronic LED display board to be installed will also show the ranking of the high courts and district and subordinate courts, based on their performance in disposing of highest number of cases. There are at least 22.81 lakh cases pending before different courts in the state, of which 17.7 lakh are criminal cases, according to the National Judicial Data Grid.
India's about to hand people data Americans can only dream of
Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.
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