Led by the country's largest lender State Bank of India, banks have opened over 3 crore basic accounts within a fortnight of the launch of the scheme on August 28.
Dr Koshy Eapen, 29, was chosen from 246 nominations from 107 countries for his "exemplary service to medical care and education".
Saurabh's parents Narinder Kumar and Vijay Kalia remember with crystal clear clarity that moment 20 years ago when they saw their elder son for the last time. He was not yet 23 and on his way to rejoin duty but they did not know where.
It has been a turnaround for Javadekar, who was earlier stripped of the charge of two key departments of Information and Broadcasting and Parliamentary Affairs as a minister of state.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
The Supreme Court on Thursday approved BCCI's new draft constitution with some modifications, effectively diluting its earlier order on a tenure cap for office bearers and reinstating voting rights of four legacy cricket associations.
Himachal Pradesh Chief Minister Virbhadra Singh was on Friday questioned for the second consecutive day in connection with an alleged disproportionate assets case against him.
India could gain four times over by winding up dysfunctional subsidies.
'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'
We saw Judwaa 2, Golmaal Again and Secret Superstar drive box office collections. Now, watch out for Padmavati and Tiger Zinda Hai in December.
Political funding of elections has led to the rise in black money in the economy.
'Politicians have always dealt in lies and propaganda.'
'But the scale of the propaganda and the impunity with which it is being unleashed now is stunning,'
People with fewer friends on Facebook raise more money for charity than those with lots of connections on the social networking site, a new study has found.
Kenneth Rogoff, professor of public policy and economics at the Harvard University, tells Dilasha Seth on the sidelines of the Delhi Economics Conclave that public sector banks will need to take a one-time haircut to address non-performing assets.
Payment banks may not be viable option to attain financial inclusion.
The move is likely to hit Bharti-Walmart, the 50:50 joint venture between the US' Walmart and Sunil Mittal-led Bharti Group that operates cash-and-carry outlets in India, the most.
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Contrarian stocks can help investors generate much higher returns than buying shares of companies that have shown consistent high growth for years.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
'There is global appreciation of the fact that India has the capacity and courage to carry out structural reforms like demonetisation and GST,' the finance minister said.
'Rich Indians don't give cash, they give gold. Why?' 'Because cash is spent by temples on prasad or doing some charitable work.' 'Gold remains intact with god,' says Aakar Patel.
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
The Qatari-owned PSG paid 222 million euros ($263 million) to take the Brazil striker from Barcelona to the French capital in a move that also appears to make little sense for the player from a footballing perspective.
Experts claim impact of breather limited as most hybrid vegetable seeds are sold by private companies.
In Wonder Woman, Gal Gadot showcases her badass combat skills. But what is she like in real life?
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
Ajit Balakrishnan decodes the angst-ridden discourse of the day.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
EY Foundation India and India Paryavaran Sahayak Foundation have come up with a cost-efficient and scalable solution. The project involves spreading awareness and driving usage of in-field straw management practices among farmers, to reduce the air pollution caused due to crop residue burning.
The new Chief Economic Advisor Krishnamurthy Subramanian believes that more than unemployment, it is the quality of employment which needs to be focused on. In an interview with Arup Roychoudhury and Indivjal Dhasmana, Subramanian said that controlling inflation was the Modi government's biggest achievement.
'What will this supposedly more business-friendly government do if it gets a second term?' 'Important labour law and land reforms remain off the table.' 'Witness the arm-twisting of foreign players in e-commerce and all but one player in telecom -- and it is very hard to justify this perception that the BJP is business friendly.' 'There will also remain the real risk of ideas seemingly gleaned from the pages of Amar Chitra Katha, overlaid with PowerPoint presentations,' predicts Rahul Jacob.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
CBI sources said Singh appeared before the probe team on Tuesday morning and was questioned.
Govt could cut the GST rate payable every time someone buys a health insurance product; or it could also provide a larger income tax set off for those who buy a health insurance product
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