While about 2,000 beneficiaries were transferred an amount of Rs 35 lakh (Rs 3.5 million) on the Aadhaar platform, the figure is expected to go up on Thursday.
As the deadline for direct cash transfer for subsidies in 43 districts nears, the government has started the mapping of gram panchayats to provide banking services in remote parts of the country.
Divestment in top PSUs could make the ETF as big as Rs 30,000 crore.
The government is planning to cap the term of shareholder and non-official directors on the boards of public-sector banks, insurance companies and financial institutions at six years.
Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.
Did GMR Infra get a sweet deal from former Maldivian president that turned sour as a new government came to power?
Pranab Mukherjee proposed a separate entity for bank recapitalization.
Action is hotting up in the telecom space, with Russian giant Sistema in preliminary discussions with Aircel to pick up an equity stake.
Though reserve for CDMA, there were no bidders for the spectrum in the recent auction. GSM operators could buy it to launch 4G and 3G services.
Said to be considering a 2nd term for RBI deputy governor
A large migrant population, better law and order situation made the state attractive.
Multiple disputes to ensue; auction begins today, but will do little to quell uncertainty.
The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.
After refarming, over 142.5 MHz of spectrum is expected to be available for auctioning next year.
The outstanding loan amount is Rs 7,000 cr.
Move fuels fears of consolidation among unions of some small banks; won't force unification, clarifies finance ministry.
Spectrum auction and divestment proceeds likely to disappoint, subsidies are likely to overshoot the Budget target and there might also be some shortfall in tax collections.
Govt to bear Rs 12k-cr cost of spectrum retention but without any cash outgo put up for Cabinet nod.
A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.
Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have sent separate letters to the department of telecommunications (DoT), asking the government to bear the entire burden of nearly Rs 11,000 crore they need to fork out as one-time payment for additional spectrum.
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