Most respondents understand inflation, but very few understand risk diversification, says the ratings agency in its Global Financial Literacy Survey
India also fares poorly on maternal mortality rate.
Sikka said the transformation at Infosys was largely driven by automation with AI being its backbone.
Deflation masked the rise in food inflation to a 5-month high.
The past few years have seen a frenzy of phone launches.
Tamil Nadu Chief Secretary said the flooding was caused by heavy rains in Chennai, Kanchipuram and Tiruvallur districts.
'Wealthy Indians don't give as much as Americans because they believe they must leave their wealth to their children.'
Company expects to be back to industry leading growth in FY17.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
About 25-30% of total units launched are unsold across country.
The airlines have waived charges for transport of relief cargo to Chennai.
The auditor also raised doubts over the safety procedures.
RBI's intervention in the currency market is through public sector banks.
On Wednesday, Air India had carried out a test flight landing at the naval base.
Moody's in its report said power generators were unlikely to benefit meaningfully.
Volkswagen said the 2-litre engines would get a software update.
A number of cities, including Chennai, are water-scarce.
The brokerage said it expected corporate earnings to turn around.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
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