While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
How are we allowing an entire generation to grow up with no clear sense of identity and no knowledge of their incredibly rich cultural heritage, asks Anjuli Bhargava.
'Stand-alone' trip to North American nation and a strong track record in Gujarat open doors to business.
Sree Sreenivasan recalls his encounters with the pioneer of sound who passed away on Friday and gives a sense of how many lives he touched -- in big and small ways.
He was number three in 1999 when the company was founded.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
Anjana Reddy explores the market for home-grown Indian celebrity fashion brands at affordable prices.
Crimson Peak is not for everyone, but the mood is set very early on, says Raja Sen.
The West has always preferred a timid, half intelligent and a dependent India rather than a decisively independent and self-reliant one. A pliable Indian leadership suits the West best, says Tarun Vijay.
Preetisheel Singh lets us into some star secrets.
From Boyhood to The Grand Budapest Hotel, we've seen some brilliant cinema this year.
A friendly working environment, special healthcare facilities, flexible work hours, work from home options, support and camaraderie among the team members keep employees highly motivated in these 10 companies.
Smita Patil would have been 60 on October 17 had fate not cruelly snatched her from us in 1986. She was only 31 when she died. Rediff.com salutes the incomparable actress in a special series.
Donald Trump's executive order prohibiting the entry of people from seven Muslim-majority nations widened the rift between the Trump administration and several leading American companies.
'Some TV channels are wrongly reporting that the Honourable CM is no more. It is totally baseless and false,' the hospital says.
'It was a big relief to get it out of the way. Now he can concentrate on future progress.'
The facts remain cloaked in mystery, but the legend goes that Talpade had created a flying machine powered by mercury and solar energy, and based on ideas outlined in Vedic texts.
15 per cent of startups in Silicon Valley are founded by Indians.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
'India had nothing to gain by the talks except for some brownie points from the US for being reasonable. Pakistan desperately needed the talks to get arms and money from the Americans,' says T P Sreenivasan.
'My grandfather was a poor farmer who fought for democracy and freedom in India and who could have never dreamed that his grandson would have the opportunity to sit before you today and be considered for the position of Surgeon General,' Dr Murthy told a US Senate Committee
'No PM has said no to anything we have proposed. I am not a politician and I cannot give speeches about things, but a lot of good things have been done in science by previous governments.' 'Under Dr Manmohan Singh, we could do a few important things. I used to meet him once in 6, 8 weeks. He often said, 'Professor Rao, you assume that you have my approval and carry on.' He was shy and decent. He is a real gentleman.' 'Science keeps me going at 80. I feel young.' Professor C N R Rao, the eminent scientist who was honoured with the Bharat Ratna, on the state of science in India.
Overseas consultant NNS Chandra offers advice on how to pick the right international education.
A look at few gurus who have attracted controversy in recent times.
Overseas education consultant NNS Chandra tells you how to pick the right international college and course for you.
French journalist Nicolas Henin was captured by the terrorist organisation, the Islamic State, and spent 10 months in captivity explains how the growth of the Islamic State is result of the West's limitation in seeing the IS merely as a terrorist organisation while ignoring its political message and goals.
'I swayed my arms in the air with strangers when George Michael sang Careless Whispers' 'I was in heaven.'
Sridevi Raghavan, co-founder and CEO of Amelio, a childcare centre that has huge expansion plans, says she wants every working mother in India to have a successful career along with a happy family life.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
Music composer-singer Bappi Lahiri offers a sneak peek into what to expect in his US concerts this month.
Ishita Katyal, the youngest TEDx licensee ever from Asia impressed the world with her ideas at the TED Youth conference held in New York, November 14.
In his address to the Harvard class of 2017, Thursday, he shared his Harvard memories and spoke about finding purpose and meaning in one's life.
"Every time I think about those kids, it gets me mad," Obama said as tears streamed down his cheeks in the East Room of the White House in the presence of a large number of victims of mass shootings.
Overseas education consultant NNS Chandra offers advice on how to pick the right international career.
After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey.
Full transcript of President Obama's speech at the Siri Fort Auditorium in New Delhi.
'While military acts such as the Uri surgical strikes are one option, cultural, economic and diplomatic isolation should also be part of the arsenal,' argues Sankrant Sanu.
'With technology advancing rapidly, the need for branches is declining.'
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