Search Results for: financial crises

E-Commerce

Indian E-commerce Market Set to Soar to $325 Billion by 2030

The Indian e-commerce market is projected to reach $325 billion by 2030, driven by rural demand and a 21% CAGR. Retailers are adapting to omnichannel strategies and expanding in tier 2 and 3 cities, with growth also fueled by increased smartphone use and internet access. Oct 8, 2024
Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds

WazirX's $234M Cyber Heist: A Deep Dive into the Aftermath

The Indian cryptocurrency exchange WazirX has been hit by a colossal cyber theft, with losses amounting to a staggering Rs 2,000 crore (approximately $234 million). The incident, which transpired in July 2024, has left millions of users in a state of limbo as they anxiously await the refund of their digital assets. Oct 7, 2024
RG Kar case: Sandip Ghosh's 10 confidant doctors expelled

RG Kar case: Sandip Ghosh's 10 confidant doctors expelled

The authorities of state-run R.G. Kar Medical College and Hospital in Kolkata have issued a notification announcing the decision to expel as many as 10 doctors, including interns, house staff and senior residents from the hospital. Oct 6, 2024
Dengue cases surge in Bihar, 55 reported in last 24 hours

WHO Unveils Global Strategy to Combat Dengue, Arboviral Diseases

The WHO has launched a plan to tackle the surge in dengue and other Aedes-borne arboviral diseases.The Global Strategic Preparedness, Readiness, and Response Plan (SPRP) aims to foster a globally coordinated response.Around four billion people worldwide are at risk of infection from arboviruses, a number projected to increase to five billion by 2050. The SPRP plan comprises emergency coordination, collaborative surveillance, community protection, safe and scalable care, and access to countermeasures. Oct 3, 2024
Middle East Conflict Triggers Rs 10 Lakh Crore Investor Loss

Middle East Conflict Triggers Rs 10 Lakh Crore Investor Loss

The escalating conflict in the Middle East has dealt a significant financial blow to investors, with a staggering Rs 10 lakh crore loss recorded on October 3, 2024. India's equity indices, the Sensex and the Nifty, plummeted, with the former falling by 1,769 points, or 2.10 per cent, to 82,497, and the latter dropping 546 points, or 2.12 per cent, to 25,250. Oct 3, 2024
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