Business Economy


Candid, CSIP launch Philanthropy in India portal to provide info on philanthropy

New Delhi, Feb 24 (UNI) Candid, in partnership with the Centre for Social Impact and Philanthropy (CSIP) of Ashoka University, has launched 'Philanthropy in India', a one-of-its-kind website that provides the most comprehensive information available on Indian philanthropy.
India is home to one of the fastest-growing social sectors in the world. Yet, despite its growth in recent years, the overall size, contribution, and impact of philanthropic activity in India remains mostly unknown. Candid’s Philanthropy in India website aims to address this void. The website includes a dashboard that gives a high-level snapshot of how funding flows; a funding map that shows in-depth data; reports, insights, and other resources that highlight philanthropic work in India, Candid said in a statement issued on Wednesday.
Bradford Smith, president at Candid, says, "The philanthropy sector in India is experiencing substantial growth. This website supports the robust philanthropic work that’s already occurring in the country. It will help people and organisations make informed decisions and efficiently work together to promote the causes that matter most to the Indian philanthropic community."
Funders both within and outside India can use Philanthropy in India to find other funding organisations supporting the causes they care about and learn about their work to make a change or collaborate. Analyzing trends and identifying funding gaps for an informed development of program strategies, will be another big advantage, by making knowledge produced from the field easily accessible, it added.
Ingrid Srinath, Director at the Centre for Social Impact and Philanthropy (CSIP), said: "The lack of reliable data on philanthropy hampers decision-making and prevents the effective allocation of scarce resources. CSIP is pleased to support this pioneering effort by Candid to fill this gap."
UNI GK SHK1659
More News

Meghalaya businesses, entrepreneurs voice concern during a meeting with Sitharaman

12 Jul 2025 | 4:33 PM

Shillong, July 12 (UNI) Union Finance and Corporate Affairs Minister Nirmala Sitharaman today chaired a stakeholder interaction here in Meghalaya, where she engaged directly with business leaders, entrepreneurs, industry representatives and citizens.

see more..

Wockhardt announces exit from generics drugs Business in US

12 Jul 2025 | 4:15 PM

Mumbai, July 12 (UNI) Pharma company Wockhardt stated in a regulatory filing that it will exit from the US generic drugs market.

see more..

Google hires Varun Mohan and other key executives of Windsurf Research

12 Jul 2025 | 3:45 PM

New Delhi, July 12 (UNI) Google also made its official entry into the AI-led talent war going on these days. The tech major reveals an agreement to hire Varun Mohan (co-founder and CEO of Windsurf Research).

see more..

BBAI stocks witness bullish results amid AI adoption

12 Jul 2025 | 2:09 PM

New Delhi, July 12 (UNI) The BigBear.ai Holdings Inc. witnessed a massive surge of almost 88% compared to the past month as the company is leading the ladder of the AI or artificial intelligence wave. BBAI’s goal is to deliver clarity to organizational decision makers.

see more..
RBI gets lower than expected response at VRRR auctions

RBI gets lower than expected response at VRRR auctions

12 Jul 2025 | 1:06 PM

New Delhi, July 12 (UNI) Reserve Bank of India or RBI, the country’s premier central bank, conducted a seven-day auction of Variable Rate Reverse Repo or VRRR. This auction is aimed at absorbing the surplus liquidity from the whole banking system.

see more..