Modi said there was a need to make transactions 'transparent' in India.
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.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
We are certainly for digitisation. I do not have opinion about demonetisation. I still don't, says Bill Gates.
Other private banks also planning to employ bots soon
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
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.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.
The main event, which is being held at Capitol Complex, is likely to be attended by around 30,000 people out of the total 1,20,000 who have registered themselves.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
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'India is doing better than when we took office 17 months ago'.
'We referred the case to the attorney general.' 'I told Mukul Rohatgi, "mujhe aap ka honest opinion chahiye".' 'He too said those were different offers.' Trai could not have stopped Reliance even if the Jio offers had been the same, Trai chief Ram Sewak Sharma tells Subhomoy Bhattacharjee.
There it lay, a photograph on the desk under a stapler, and later a stamp pad, forgotten, done with, like its subject, a Mumbai Metro One employee who vanished overnight.
Like millions of people across the world, the year 2020 had dealt me irreplaceable losses and the lowest of blows. Like I have always done at such junctures, I had sought the refuge of the mountains. I wanted to end the year on a high, to show the finger to life, says Sumit Bhattacharya after a memorable journey to North Sikkim.
'These protests are not just about the CAA. It is against allowing fascism and religious discrimination to creep into our legal system.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
A bench of Chief Justice Ranjan Gogoi and Justices L N Rao and Dinesh Maheshwari said it was only going into the aspect of security of the two women -- Bindu and Kanakadurga, and would not like to entertain any other prayer made in the petition.
In significant push towards a less-cash economy, Prime Minister Narendra Modi on Friday announced starting a biometric payment system using Aadhar platform within two weeks even as he exhorted citizens to adopt digital currency from the new year.
Gone are the days of over-the-top Diwali parties, says Kishore Singh. This year round, the taxman is the invisible -- and unwanted -- guest at these once extravagant affairs.
India does not have a stringent privacy or data protection Act.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
In an online chat with readers January 24, Rajeev Mahajan of Antworks answered queries on personal loans and peer to peer lending.
Relaxation in KYC guidelines has helped meet the target but this could lead to money laundering and financial malfeasance, it is feared.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
One of the many contrasts that Kumar versus Nilekani highlights is that of a traditional career politician as against a highly successful professional entering politics for the first time. Rupa Subramanya reports
Gleaning lessons from Amit Shah's compendium of Chanakya-isms, the Samajwadi Party is keeping its operations low-key and working on an inclusive strategy.
He challenged the Congress to select someone 'capable' as its president, who did not belong to 'that one family'.
'Indrani said she had some things to discuss with Peter, which he digested with minor surprise.' 'He looked mildly dismayed. And refused to sit down next to her, in spite of her welcome.' In spite of months of wariness from Peter's side, the ice was broken.
Cancer surgeon Dr Ramakant Deshpande answers the most crucial questions on the disease. And offers very important advice on ensuring yourself a healthy, everyday life.
'You don't want to admit that it is your wife in the video because she said you were arrested on Wednesday (August 19; Shyamvar Rai states he was arrested on August 21, a Friday).'
'I kept photographs of everyone. Because I was working for them.' 'Madam, Saab...' Shyamvar Rai, the approver in the case, said in a tone that tried to suggest that that would be a routine practice for a driver.
In walked the scruffy band of pirates, without any swagger. Mostly tall or burly men, with weather beaten, resigned faces, the majority were dressed in track pants and tees; a few had skull caps. Some of their T-shirts had messages like 'I'm not in danger, I'm danger' or 'Long Beach California Surfer'.
Unified Payments Interface launched to simplify mobile banking.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
