When it comes to a significant investment like a four-wheeler, many people end up paying high interest rates on car loans which can lead to high monthly installments.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Even his critics say Thaawar Chand Gehlot is a man of delivery. 'If a task is assigned, he wins it over with political sagacity,' they say.
There are unprecedented political implications of identification based on 'biological attributes of an individual', such as employed by Aadhaar, warns Gopal Krishna.
Facebook and Twitter now restrict users below the age of 13 from signing up on their platforms. LinkedIn doesn't provide its services to children below the age of 16.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
The GST Council, headed by Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union territories, will have its 37th meeting in Goa against the backdrop of economic growth hitting a six-year low of 5 per cent in the first quarter of the current fiscal.
India has undertaken a number of structural reforms.
The hack may have been done by a rogue Twitter employee, or it may have been a smart hack into the Twitter system, or a social hack where someone conned Twitter's employees into giving them access,' suspects Devangshu Datta.
Its electoral triumphs in assembly polls, particularly in Uttar Pradesh, have made the BJP the single-largest party in the Rajya Sabha.
'It's looking odds-on there won't be a data protection law before this edition of the Lok Sabha is dissolved.' 'This limbo has enabled all sorts of businesses that would be illegal in countries that do have data protection laws,' notes Devangshu Datta.
Taxi booking, shopping and transfer of money will be easy.
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
The intial round of efforts did not achieve the objectives fully.
Two to five volunteers, with the support of bank employees, could offer guidance and help to customers.
'Whatever Modi had promised us on OROP has not been delivered. He lied to us'
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The implementation of the much-hyped Aadhaar Card scheme is in trouble following the Supreme Court's interim order on Monday, which observed that the card can be issued only to Indian nationals and the identification number cannot be made mandatory for availing of benefits of the government's subsidy schemes.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
New offerings by banks are changing the way you transact.
'If I had to highlight one area that will do well, it is the financial assets -- that is the private sector banks, insurance and mutual funds.'
'Amendments in the past have created fear. This will take it further.'
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel and also extended the date for filing annual returns under the GST by two months to August 30.
A glance back at some important events that occurred in 2018.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
'Why don't they suggest artificial intelligence training for SC/STs?' 'Why can't they be trained in computer programming?'
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The Covid pandemic has left a question mark on how the central government manages its staff.
Prime Minister Narendra Modi didn't hold back on Wednesday when he launched a scathing attack on the Gandhi family and the Congress in Parliament during a debate on the motion of thanks for the president's address.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
It is important to track what is happening in the rest of the world to be able to develop in India the best possible protection for citizens' fundamental right to privacy -- becoming for a country which prides itself on being the largest functioning democracy in the world.
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
India's cities must switch over to piped gas leaving LPG cylinders.
'The chair is a referee in a match, whether this side is playing better or that side is playing worse is no concern of the chair.'
He questioned why only migrants from Pakistan, Bangladesh and Afghanistan will be given citizenship under the amended law and not the Sri Lankan Tamils.
The meeting was convened by the Congress. Six major parties -- the DMK, the SP, the BSP, the TMC, the AAP and the Shiv Sena -- choose to stay away. The BJP took a swipe at the absence of major opposition parties at the meet and also said that their anti-CAA resolution must've made Pak happy.
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