Even today, many MFIs already distribute pension and micro insurance products to low-income households.
Both have made factory jobs the centre of their economic agendas. Kanika Datta explains the practical limits to their ambitions.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Criterion for corporates will effectively rule out entry for business houses.
Here's the full text of President's address with a word cloud.
The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra.
The domestic car sales volume of the company is also growing at 15%
The Delhi high court on Thursday directed the city government to stop erickshaws from plying on the roads of the national capital "as of now". "Stop it as of now," a bench of justices B D Ahmed and S Mridul said, while observing that "unregulated plying of vehicles on Delhi roads is prima facie a hazard to other traffic on road as well as the citizens".
The announcement comes on the first anniversary of the project.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
Launches and sales of house property have seen a continuous drop.
Delhi assembly on Friday passed the Janlokpal Bill, incorporating suggestions of Anna Hazare, which provides for an ombudsman with powers to act against any government functionary.
Reducing it to 1.3% would lead to savings of Rs 70,000 crore over 5 years
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
A summary of sports events and sports persons, who made news on Monday
If you're looking for immediate returns, it is unlikely to happen in today's environment
Group Captain Murli Menon (retd) reveals how India can neutralise the Pakistan air force's combat capabilities without firing a shot.
The party president also said that India's self-confidence, pride and scale of ambition have grown manifold in three years.
The party, in a resolution adopted at its 84th plenary session, accused the National Democratic Alliance government of pursuing a foreign policy "bereft of focus and direction".
Thirty years after the massacre at Tiananmen Square, coerced collective amnesia envelops the Chinese nation about that horrific event. Claude Arpi glances back at how the student uprising could have changed the Middle Kingdom forever had the Chinese Communist party not traveled on the route of martial law.
'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
Vastu Housing Finance is trying to leverage technology to distinguish itself in a crowded space.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Union Home Minister Amit Shah on Monday said the government has no other option but to extend President's Rule in Jammu and Kashmir as the Election Commission wants to hold assembly elections in the state by the end of 2019.
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Sebi keen to attract larger number of retail investors
The lock-in would be for a period of six months.
Tailored luxury experiences with the most minute of details charted out for discerning travellers is the way forward, says Nikita Puri.
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
Hails country's recent digital highways and predicted India to become digital content capital of world.
News of all that's transpired on and off the football field
Retention of Murthy within the promoter group was crucial for Infosys as the company believed the promoters' relationship would help the company in difficult times.
Manchester United manager Ole Gunnar Solskjaer is eager to build his team around midfielder Paul Pogba despite media speculation linking the French World Cup winner with a move away from Old Trafford.
All India Anna Dravida Munnetra chief V K Sasikala on Wednesday visited the memorial of J Jayalalithaa and the Ramapuram residence of party founder M G Ramachandran before leaving for Bengaluru to surrender before a court.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The deal with Iran does not address any of the major issues thrown up by Tehran's ambitions, says Claude Smadja.
US start-ups crash and burn frequently, so why the concern about start-up losses in India? The principal reason, says Kanika Datta, is that Indian start-ups clone ideas from the US. Flipkart, Ola, Oyo, Paytm are all variations of ideas developed in the US.
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