As per the survey’s fourth edition, southern India (48) stands behind eastern India (54) and western India (49), as well as the national average of 49. This score, however, places the region at par with northern India.
Tag: Finance
Cost-of-living cash benefits coming to 2.9 million Singaporeans in December
A media release from the Ministry of Health in Singapore said: “Under the enhanced [Assurance Package], about 2.9 million Singaporeans aged 21 and above in 2025 will receive SGD 200 to SGD 600 in cash in December 2024.”
Singapore FinTech Festival 2024 attracts 65,000 participants from 134 countries and regions; makes big plans for 2025
More than 3,400 government and regulatory attendees across 665 central banks, regulatory institutions, and government organisations participated in the ‘Regulation Zone’. Key discussion areas included Artificial Intelligence (AI) solutions, quantum research and finance, cross-border data flow, and digital asset growth.
Singapore residents take No. 1 spot in Asia and No. 4 in the world in financial asset ownership
The per capita difference between Denmark and Singapore is of a mere EUR 270, which brings Singapore within touching distance of the global Top 3 of financial asset (cash, stocks, bank deposits) ownership.
128K Singapore borrowers’ data at risk, as hackers breach third-party system; phishing alert issued
Borrowers are being contacted by their licensed moneylenders and being asked to “stay vigilant against possible phishing scams” following the data breach.
Reserve Bank of India joins Project Nexus to enable instant cross-border retail payments
“Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect the FPSs of four ASEAN countries (Malaysia, Philippines, Singapore, and Thailand); and India, who would be the founding members and first mover countries of this platform,” read a statement issued by the RBI.
Modi 3.0 budget in July to lay out India’s economic roadmap and strategy to hit USD 5 trillion mark
The Modi 3.0 economic agenda would include steps to fast-track reforms to make India a USD 5 trillion economy in near future, and turn the country into ‘Viksit Bharat’ by 2047.
Economist warns India about mounting debt as IMF presents worst-case scenario
Noted economist Ajit Ranade has warned India about its high debt, echoing concerns projected by the International Monetary Fund recently, where the body said that the debt could exceed 100 percent of the national GDP in the next four years. Here’s what the Vice Chancellor of Gokhale Institute Of Politics & Economics Pune said, as […]
