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India is likely to see implementation of one of the biggest infrastructure programmes in 21st century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report. “Steps to unlock foreign and domestic capital via innovative financial structures and facilitating ease of investments would be vital,” the report observes. The report comes in the backdrop of India emerging as the world’s fastest gro...
India`s infrastructure push to be among largest in 21st century: KPMG
Insurance sector in India grew at an impressive 15 per cent compound annual growth rate (CAGR) over the past two decades, with premiums reaching Rs 10.4 lakh crore in FY23, and there is immense potential for growth that remains untapped, industry experts said on Wednesday. Despite the consistent growth, India’s insurance penetration at 4 per cent, which is significantly lower than the global average of 6.8 per cent, and protection gap of $40 billion indicate substantial room fo...
Indian insurance sector must cover vulnerable sections, tap 1 bn people by 2047
UK-based accounting firm RSM's U.S. arm is planning to more than double its India workforce to 5,000 over the next three years, a top executive said. "The expansion is driven by the tremendous talent base in India. Compared to the last 10-15 years, the talent now is very superior in the market," Prasad Balakrishnan, India Principal of RSM US LLP, told Reuters. The world's No. 6 accounting firm's U.S. arm employs 2,000 of its 17,000 employees in India, and is creati...
Accounting firm RSM's US arm plans to more than double India headcount in 3 years
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