Health insurance gross written premium has reached Rs 1.27 lakh crore in 2025 and is projected to nearly double to Rs 2.6-3 lakh crore by 2030, a BCG report said
The report notes that while some of the Indian banks are increased their IT spending, compared to a global benchmark of 7 - 9% Indian banks are still a laggard.
Sources reveal that BCG's draft report recommends identifying new revenue streams in sectors such as mining and asset monetisation.
Karnataka govt is considering the consultant's proposals, which include land monetisation, satellite towns, better utilisation of mining potential, and technology to prevent leakages
BCG remains bullish on companies increasing spends on experimenting with generative AI use cases in 2024.
Generative AI is the class of technology behind popular chatbots like OpenAI's ChatGPT that can reply to queries with human-like text. Google owner Alphabet Inc and Microsoft Corp are revamping their search engines with AI technology to provide answers to questions rather than lists of links.
There’s a large opportunity in this space to build from India for the world, says the co-founder of venture capital major Accel India and Board member at ACT.
As the overall crypto market continues to face volatility and negative tailwinds, Bitget has moved inversely projecting 500% + growth in trading volumes.
According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions.
Patel has previously worked with the International Monetary Fund (IMF), Boston Consulting Group and Reliance Industries among other organisations.
India has been reeling under a second COVID-19 wave, which has adversaly affected the economy. Here are some key growth figures for India, as per a Boston Consulting Group report.
The Boston Consulting Group (BCG) report further expects that over the next five years, India will likely “significantly expand wealth” through the health crisis to lead percentage growth of fortunes worth $100 million in 2025.
India's dynamic FinTech industry has over 2,100 FinTechs of which 67 per cent have been set up over the last 5 years alone. The total valuation of the industry is estimated at $50-60 billion.
The list has been prepared basis a survey conducted by Boston Consulting Group. The ranking is based on a poll comprising 2,500 global innovation executives.
In a 'Discussion Document', the US-based BCG, which provides consultation services to the ministry, also suggested a few interventions to mitigate these challenges.
Boston Consulting Group on Monday released Decoding Global Talent 2018, a report on trends and work preferences—based on responses of 366,000 people in 197 countries. Here are the top 10 cities which workers find most attractive to work in:
Stating that there will be 650 million Internet users by 2020 driven by increasing mobile penetration, the BCG report said reinforcing digital in India is now a way to reach the masses and not just a small targeted opportunity.
The government has set up a committee to suggest measures to fast-track the ramping up of modernisation of the steel sector public sector firms -- SAIL and RINL.
It pegs nominal year-on-year expenditure growth at 12 percent, more than double the anticipated global rate of 5 percent making India the third-largest consumer market by 2025.
If train journeys were boring for you, Indian Railways will spice it up. It is planning to offer TV shows, movies and songs for the entertainment of its passengers, reports Business Standard.
"Do not treat digital as an 'add-on'. It should be central to the CEO's agenda," the joint report on 'Decoding digital opportunity in Retail' by Retailers Association of India and Boston Consulting Group said.
The report by Retailers Association of India and Boston Consulting Group revealed that on decoding the digital opportunity sectors that could see maximum e-commerce penetration would be consumer electronics, apparel, homeware and furniture, luxury, health, FMCG and food and grocery.
The commerce and industry minister said the debate here at WEF has been about the fate of globalisation and whether capitalism needs to be demonised.
High operating costs, intense competition and the collapse of Kingfisher Airlines had weakened both business and civil sectors in previous years, but recently the Indian market has turned a corner into the world's fastest growing, largely thanks to supportive government policies.
Watch accompanying videos of Express Adda wherein The Indian Express' P Vaidyanathan Iyer is on conversation with Arvind Panagariya, Vice Chairman of NITI Aayog and Janmejaya Sinha of The Boston Consulting Group about demonetisation.