Mckinsey Global Institute

Emerging markets to account for one-third of fin assets by 2020: McKinsey

The value of financial assets worldwide is expected to touch USD 371 trillion by 2020, with emerging economies including India, accounting for about one third of the total amount, says global consultancy McKinsey.

'Internet creates 2.4 jobs for every job it destroys'

A McKinsey survey of more than 4,800 SMEs showed that 2.6 jobs were created for every one destroyed, confirming the internet's capacity to create jobs across all sectors.