'Apparently the entire biometric database's demographic data is available, which means that every Aadhaar signup is wide open to identity theft.' 'The commoditisation of the method -- selling the log-in for Rs 500 -- indicates that scammers have already harvested whatever they wanted,' points out Devangshu Datta.
However, the facility will be allowed on a need basis and can be used only in "fusion mode", which means people can use it only along with other existing means of authentication.
A clarification on delinking Aadhaar account from disbursal of subsidised LPG cylinders would be issued within a week, Petroleum and Natural Gas Minister Veerappa Moily said during Question Hour.
Sleep has been a casualty for Vijay Shekhar Sharma, whose wallet company Paytm has a user base of close to 150 million and is working 20 hours a day.
Be it loan waiver or DBT transfer, it only helps in creating a "feel good" factor and postpones the problem for some time if structural problems are not handled.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
The bench referred to the June 9 judgement passed by the apex court in which it had upheld the validity of an Income Tax Act provision making Aadhaar mandatory for allotment of PAN cards
There are many collateral advantages of taking the tough decision.
Four to five new faces from the Hindi belt as well as some other states could be inducted as All India Congress Committee spokespersons while the 36-member list of television panelists from Congress could witness a thorough rejig this month.
Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.
Sources close to the PM say he will not be panicked into generating short-term results at the cost of longer-term goals
According to a PMO statement, Narendra Modi told banks this would be a source of immense satisfaction for them, and that he himself would recognise the achievements of the best performing branches.
Jaitley said focus is on larger expenditure on social sector.
There are about 15.3 crore LPG consumers in the country.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
The Bharatiya Janata Party may further delay the announcement of Gujarat Chief Minister Narendra Modi as the party's Prime Ministerial candidate till the assembly elections to Delhi, Madhya Pradesh, Chhattisgarh and Rajasthan are over.
Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others
Union Minister Manish Tewari made a strong pitch to take forward the "secular agenda", asking spokespersons to talk strongly on issues related to communalism. The Congress has been gearing up to tone up its media strategy ahead of the next general elections.
Declining crude price translates into lower under-recoveries for OMCs
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the poor would rarely use these accounts. However, recent data submitted to Parliament attests to increased account usage, says Ishan Bakshi.
Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.
New schemes allows consumers without Aadhaar to receive cash directly in their bank accounts
A tweet by the Press Information Bureau said the states which have imposed lockdown in all districts include Chandigarh, Delhi, Goa, Jammu and Kashmir and Nagaland. The other states are: Rajasthan, Uttarakhand, West Bengal, Ladakh, Tripura, Telangana, Chhattisgarh, Punjab, Himachal Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jharkhand, Bihar, Arunachal Pradesh, Manipur, Tamil Nadu, Kerala, Haryana, Daman Diu and Dadra and Nagar Haveli, Karnataka and Assam.
'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
It is widely believed that Nandan Nilekani's meeting with Prime Minister Narendra Modi saved the ambitious Aadhaar project from oblivion or a takeover by the home ministry.
"If we do surgical strikes (in this area), you can imagine what all will come out," the prime minister said.
IOC and other oil firms have been paying LPG consumers in 54 districts up to Rs 500 to help them buy a 14.2-kg cooking gas refill at market price, which is more than double of Rs 410 per bottle rate in Delhi.
To cut subsidy bill and reduce fiscal deficit, the previous United Progressive Alliance government had restricted the number of subsidised domestic cylinders per household to six every year in September 2012, revising it to nine the following January
Pahal looks to cut down diversion and eliminate duplicate.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
Govt looking for common ground on GST; hopes to pass it soon.
'It is less polarising than Hindutva.'
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
The RBI governor believes corruption ca be fought by streamlining the system.
Delays in returning money for disputed transactions have also come under RBI's scanner.
So far, 758 million Aadhaar numbers have been generated.
Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.
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