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Tag: grow

Know Your Customer and Grow Your Industry

Finance
[unable to retrieve full-text content]By Artak Hamazaspyan, CEO, Beaxy Knowledge is power. It’s an ancient cliché, but its longevity suggests that it’s truth. Few in the cryptocurrency world would dispute the statement, nor would they disagree with its corollary, that anonymity — freedom from others’ knowledge — can also be power. “Anonymous” Latest Articles in

US officials worry paralyzing illness may grow more common

Health
One morning last fall, 4-year-old Joey Wilcox woke up with the left side of his face drooping. It was the first sign of an unfolding nightmare. Three days later, Joey was in a hospital intensive care unit, unable to move his arms or legs or sit up. Spinal taps and other tests failed to find a cause. Doctors worried he was about to lose the ability to breathe. "It's devastating," said his father, Jeremy Wilcox, of Herndon, Virginia. "Your healthy child can catch a cold — and then become paralyzed." Joey, who survived but still suffers some of the effects, was one of 228 confirmed victims in the U.S. last year of acute flaccid myelitis, or AFM, a rare, mysterious and sometimes deadly paralyzing illness that seems to ebb and flow on an every-other-year cycle and is beginning to alarm public
Markets drop as tech slowdown fears grow

Markets drop as tech slowdown fears grow

Business
A sell-off on Wall Street continued on Tuesday, amid steep declines in oil prices and losses among technology shares.The Dow Jones Industrial Average closed down 2.2%, weighed down by Apple, which plunged nearly 5%.The broader S&P 500 dropped 1.8%, while the tech-heavy Nasdaq index fell 1.7%, to its lowest level since February.Meanwhile, benchmark oil prices sank nearly 7%, close to one-year lows. Apec: A family feud with no end in sight A quick guide to the US-China trade war Connor Campbell at Spreadex described the sell-off as a "macro-car crash, with Brexit fears, the post-Apec pre-G20 US-China trade war flare-up and the continuation of a nasty US tech sell-off resulting in absolute carnage".But IHS Markit's chief economi...
India’s personal wealth may grow at 13%: Report

India’s personal wealth may grow at 13%: Report

Finance
NEW DELHI: The country’s personal wealth is expected to grow at a CAGR of 13% to $ 5 trillion by 2022 from $ 3 trillion in 2017 to get the rank of 11th wealthiest nation globally by 2022, improving its rank by four places from 2017, said a report by Boston Consulting Group. India’s personal wealth was estimated to be $ 3 trillion in 2017. The US leads the chart in terms of total personal wealth with $ 80 trillion in 2017, which is projected to touch $ 100 trillion by 2022. China is ranked second, with a total personal wealth of $ 21 trillion, which is expected to more than double to $ 43 trillion by 2022. The report noted that India constitutes the second largest pool of wealth from emerging markets in the coming years, with $ 2.2 billion. It is the fifth largest Asian market in number of
Yes Bank aims to grow retail portfolio by 75 percent in two years to Rs 56,000 crore

Yes Bank aims to grow retail portfolio by 75 percent in two years to Rs 56,000 crore

Finance
Focussing aggressively on the retail segment, Yes Bank aims to grow its retail loan book by 75 per cent to around Rs 56,000 crore in the next two years, a top company official said. "For the last three to four years we have given our complete focus on the retail segment. We see a huge opportunity in retail. Currently our retail asset book size is close to around Rs 32,000 crore. We would be looking to grow it to anything between Rs 55,000-56,000 crore by 2019-20," Rajan Pental, Group President and Group Head- Branch and Retail Banking, Yes Bank, told PTI in an interview. Prior to turning the focus on the retail segment, Yes Bank built a strong customer franchise and when the equation was right, with a large retail customer base, the bank decided to offer retail services across products, Pe...