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Why Congress is against UBI

'UBI is a tricky subject.''Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'Amit Agnihotri reports. The Congress is wary of the Universal Basic......

ED finds over Rs 104 crore in BSP account; Mayawati's brother under scanner

The Enforcement Directorate on Monday detected cash deposits totalling over Rs 104 crore in an account belonging to the Bahujan Samaj Party and Rs 1.43 crore in an account belonging to party......

Will Modi okay UBI for J&K?

The Jammu and Kashmir government, along with Chief Economic Advisor Arvind Subramanian, is preparing a detailed presentation for the Prime Minister’s Office on implementing universal basic......

Universal Basic Income: Modiji's ultimate poverty killer

The Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP, assuming that those in the top 25 per cent income bracket are not part of the loop. Invoking......

Home, auto loans to become cheaper as SBI, PNB, UBI slash lending rates

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......

UBI knocks on EU regulator's door against Airbus

United Bank of India is set to complain to the European  market regulator about Airbus’ declining  to return an advance from Kingfisher for purchase of aircraft. The Kolkata-based......
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Reports emerged after IMF said in its annual report that UBI will outperform the PDS in terms of coverage, progressivity, and generosity ...

http://www.business-standard.com/article/economy-policy/imf-not-endorsing-universal-basic-income-over-pds-in-india-official-117101500053_1.html
'UBI looks good as substitute for inequitable public spending'

Citing an Indian case study, the IMF has said that universal basic income "looks good" when it substitutes inequitable and inefficient public... ...

http://www.business-standard.com/article/pti-stories/ubi-looks-good-as-substitute-for-inequitable-public-spending-117101200400_1.html
Apple partners LG Display for foldable iPhone

Seoul: As Samsung plans to launch a bendable smartphone "Galaxy X" in 2018, Apple has reportedly begun work on a foldable iPhone with LG Display.... ...

http://www.sify.com/finance/apple-partners-lg-display-for-foldable-iphone-news-smartphones-rkmkDIcfgjjgc.html
UBI MD launches MUDRA Promotional Campaign

GUWAHATI, Oct 11 - Pawan Bajaj, Chairman of State Level Bankers' Committee (SLBC) for West Bengal and Managing Director & CEO of United Bank of... ...

http://www.assamtribune.com/scripts/detailsnew.asp?id=oct1217/oth062
UPDATE 2-Spanish stocks rebound in flat European market as Catalonia fears ease

* Spain's IBEX up 1.3 pct; STOXX 600 flat * Catalonia makes no formal independence declaration * Italian banks rise on EU proposal on soured loans... ...

http://www.sify.com/finance/update-2-spanish-stocks-rebound-in-flat-european-market-as-catalonia-fears-ease-news-economy-rklotPagdchad.html

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