He said the transformation brought about by the fintech sector in India is not just limited to technology, but its social impact is far-reaching. He also stressed that fintech has dented the parallel economy and is bridging the gap between villages and cities on the financial services front. The prime minister also said that in the last 10 years, the fintech space has attracted investments of more than $31 billion and fintech startups have grown by 500 per cent.
Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.
Besides Nadda, several other senior leaders, including Bhupender Yadav, Shivraj Singh Chouhan and Dharmendra Pradhan, have also been sworn-in as Cabinet ministers, paving the way for a new face to lead the BJP.
The members of the cabinet committees included Union ministers from the Bharatiya Janata Party and its National Democratic Alliance partners like Janata Dal-United, Telugu Desam Party, Janata Dal-Secular, Shiv Sena and Lok Janshakti Party-Ram Vilas.
The Bharatiya Janata Party (BJP) on Sunday pledged to make 30 million 'Lakhpati Didis', up from the 10 million rural women who have already achieved the feat. Prime Minister Narendra Modi on Sunday released the BJP's manifesto for the upcoming Lok Sabha elections. The manifesto says the ruling party will continue the quarterly financial disbursements under the Pradhan Mantri Kisan Samman Nidhi (PM KISAN) yojana.
A freebie once granted can hardly be discontinued. All that can happen is to substitute it with a bigger freebie, notes A K Bhattacharya.
Industry experts believe that health insurance companies are unlikely to experience business cannibalisation due to the central government's decision to extend health coverage to people aged 70 and above, regardless of their income level, under the Ayushman Bharat scheme. On Wednesday, the Union Cabinet expanded the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to include all senior citizens aged 70 and older. This move is expected to benefit nearly 45 million families, comprising 60 million senior citizens, by providing Rs 5 lakh in free health insurance coverage per family.
A lot of the 100-day programmes would be 'milestone-based' with timelines for achieving targets for social-sector schemes.
Chanting 'Justice for RG Kar' and 'Justice for our sister', hundreds of IT professionals took to the streets of Sector V in Salt Lake, the city's IT Hub, protesting against the rape and murder of a post-graduate trainee doctor at RG Kar Hospital.
Altogether 20,000 Indian nationals have been evacuated from quake-torn Nepal and arrangements were being made to take them to their homes by trains from Raxaul, Petroleum Minister Dharmendra Pradhan said on Tuesday.
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY). This was the first meeting of the Union Cabinet of Modi 3.0 government held at the Prime Minister's 7, Lok Kalyan Marg residence.
This has invited sharp reaction from the Opposition, with the Samajwadi Party saying that the BJP was afraid of its defeat in Milkipur due to which it moved the court for "stalling" polls on the assembly seat.
'Aspiring doctors have put in years of their lives to study in preparation for NEET exams as they start studies from Class 9 to get good marks.' 'And today, after the NEET paper leak, these students even after getting good marks are unable to get admission in any good medical college (because of inflated merit marks due to the paper leak).' 'They are thinking, was it worthwhile to study so hard for the examinations to become a doctor?'
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY).
'There is no immediate threat to the government, and they would prefer the growth agenda.'
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
Kandhamal district in Orissa had witnessed widespread violence after the murder of Vishwa Hindu Parishad leader Swami Laxmanananda Saraswati and four of his aides at his ashram on August 23, 2008.
Bypolls to 10 assembly seats in Uttar Pradesh will be a litmus test for the Indian National Developmental Inclusive Alliance (INDIA)'s unity after the group's success in the recent Lok Sabha polls when they won more than 40 seats, significantly contributing to the Bharatiya Janata Party's failure to win a simple majority in parliament.
Turning the table on the opposition, the Congress-Nationalist Congress Party government in Maharashtra has now raised doubts over the very authenticity of the Ram Pradhan panel report that was leaked to media recently.
President Droupadi Murmu, Vice President Jagdeep Dhankhar, Chief Justice of India D Y Chandrachud, Congress leaders Sonia Gandhi and Rahul Gandhi and several other famous faces were seen at polling booths, exercising their franchise in the sixth phase of the Lok Sabha polls on Saturday.
The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.
A 24-year-old woman was shot dead allegedly by a man in front of her brother and mother inside her house in the southeast Delhi's Jaitpur area, police said on Saturday.
After her elevation as defence minister, Sitharaman has become a member of the cabinet committee on security headed by the prime minister.
Nayab Singh Saini on Wednesday staked claim to form the next government in Haryana, hours after he was unanimously elected as the leader of the Bharatiya Janata Party legislature party in the state.
Congress leaders, on their part, are confident that the mobilisation of voters away from the BJP will gain more momentum in the state elections, scheduled for October 1, in the absence of national issues and the 'Modi factor'.
Shreyas Iyer continued with his red-hot form, smashing a stroke-filled 233 to lead Mumbai to a massive 602/4 declared in their Ranji Trophy Elite Group A match against Odisha.
As many as six who hold law degrees include cabinet ministers Nitin Gadkari, J P Nadda, Piyush Goyal, Sarbananda Sonowal, Bhupender Yadav and Kiren Rijiju.
The UGC-NET, 2024, exam for the selection of junior research fellows, assistant professors and PhD scholars was conducted by the National Testing Agency (NTA) on June 18 in two shifts across the country.
Mid-fielder Salima Tete on Thursday replaced veteran goalkeeper Savita Punia as captain of the 24-strong Indian women's hockey squad for the Belgium and England legs of the FIH Pro League starting later this month.
The counselling session was likely to begin in the first week of July. However, the counselling authorities had not notified any date or schedule.
Chief Minister Prem Singh Tamang on Monday called on Governor Lakshman Prasad Acharya and submitted a resolution passed by newly-elected MLAs of Sikkim Krantikari Morcha (SKM) electing him as their legislature party leader to stake claim to form the next government, an official said.
Maharashtra Home Secretary Umesh Chandra Sarangi on Saturday said the state government had implemented over 70 per cent of recommendations of the Ram Pradhan Committee, which was appointed after the 26/11 Mumbai terror attack.
The credibility of the examination system has also come under question, they said.
It is perhaps rare for a senior corporate executive to announce his resignation on Twitter.
The National Testing Agency (NTA) on Friday night announced the new dates of cancelled and postponed examinations, including the University Grants Commission-National Eligibility Test, amid a raging row over alleged irregularities in their conduct.
The Bihar chief minister, who has of late been making news for goof-ups, made the faux pas at an election rally on the outskirts of Patna.
Bharatiya Janata Party leader and former Union minister Anurag Thakur is likely to initiate the discussion on Motion of Thanks on the President's address in the Lok Sabha on Friday, with Prime Minister Narendra Modi's reply to the debate expected on July 2, sources said.
Five people were killed and over 45 are missing following several incidents of cloudburst in Himachal Pradesh, where rain washed away many houses, bridges and roads, the officials said on Thursday.
IIT Madras secured the top position out of the 10,885 institutes that took part in the NIRF's ninth edition.
